Hungarian startup in Boston finals


Hungarian startup Remotaid has qualified for the finals of the Boston-based MassChallange, where it will compete against 127 other startups for the final prize. Altogether 1,700 startups had entered the competition in the beginning.

Péter Tátrai, CEO of Remotaid, will now spend four months in a 2,500 square meter office with the representatives of the other 127 competitors. During this period, senior managers of well-known corporations will mentor the startup leaders.

MassChallenge awards more than $1.5 million in cash grants and more than $10 million of in-kind deals for startups to boost their entrepreneurship.

Remotaid offers permanent surveillance of the fetus in safe, convenient and familiar surroundings. The Remotaid Home Monitor guarantees that checkups do not affect the fetus in any way, thus the device can be used without time limit. The collected data is stored in a secure cloud-based system and is accessible only to mothers and their physicians.

The startup is the portfolio team of Traction Tribe, an early stage startup traction composer company. The company claims to be the catalyst of tech startups from Europe looking to enter the U.S. market.


Lawmakers Approve No-fee Cashback Service Banking

Lawmakers Approve No-fee Cashback Service

MPs Approve Tax Changes Parliament

MPs Approve Tax Changes

New Home Prices Edge up 3% Residential

New Home Prices Edge up 3%

24th FIABCI Hungarian Prix d’Excellence Held Awards

24th FIABCI Hungarian Prix d’Excellence Held


Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.