Ecosystem

Ecosystem

Leanpay raises series A round from Lead Ventures

Budapest-based Lead Ventures is set to provide Slovenian BNPL scaleup Leanpay, a company that provides instant installment payment solutions in...

Ecosystem

OXO board clears investments in fintech, cybersecurity startups

Listed holding company OXO Technologies on Friday said its board approved potential investments in Romanian fintech company Finqware and U.K....

Ecosystem

VC funding In CEE reached over EUR 900 mln in Q2 2021

According to the latest VC Funding In CEE Report, recently published by Vestbee, the biggest matchmaking platform for startups, VC...

Ecosystem

Hungarian startup Blue Colibri closes HUF 450 mln investment round

Blue Colibri, a Hungarian startup focused on corporate internal communications, employee education and administration digitization, has raised HUF 450 million...

Ecosystem

Vespucci Partners succeeded in transforming Hungarian startups into world leaders

Two startups within the portfolio of Hungarian venture capital fund Vespucci Partners achieved enormous success....

Ecosystem

Women-founded startups outperform men, but get less funding in CEE – report 

The Central Eastern European (CEE) investment space does not lack talented women, but they find it much harder to raise...

Ecosystem

Budapest among top 250 attractive startup locations

This year, the Global Startup Ecosystem Report, which compares more than 250 attractive startup locations worldwide, will include the Hungarian...

Ecosystem

PortfoLion leads EUR 500,000 investment in Cursor Insight

PortfoLion is leading a more than EUR 500,000 investment in authentication solution startup Cursor Insight, the venture capital arm of...

Ecosystem

The Slow Spread of the Circular Economy in the Office

The circular economy seems more of a concept than a trend at this point, whether in Hungary or elsewhere. When...

Ecosystem

Cisco to buy Hungarian startup Banzai Cloud

Tech giant Cisco on Monday announced its intent to acquire Hungarian startup Banzai Cloud, which specializes in cloud-native applications, according...

Ecosystem

Additional HUF 1 bln allocated to support SME exports

The government will support the expansion of SMEs onto foreign markets with an additional HUF 1 billion, bringing the total...

Ecosystem

Govʼt to support startup incubators with HUF 2 bln funding

Startup incubators will be able to apply until September 18 for HUF 2 billion of funding through the "Startup Factory"...

Ecosystem

Survival of Hungarian start-ups deteriorates

The survival rate of start-up Hungarian companies has deteriorated in the past year, with less than 70% of companies reaching...

Ecosystem

Gov’t to relaunch SME mentoring program

The government says it will provide as much assistance as possible to Hungarian companies to successfully apply for EU funding,...

Ecosystem

Corvinus becomes 1st AMBA accredited business school in Hungary

The Corvinus University of Budapest has received accreditation from the Association of MBAs (AMBA), one of the world’s leading authorities...

Ecosystem

Nearly 100 Hungarian SMEs Join Int’l Health Innovation Circuit

Over the past six months, more than 90 Hungarian SMEs have had the opportunity to showcase their healthcare innovations on...

Ecosystem

ViennaUP 2024: Thousands of Startups Take Over Vienna

International startup festival in the Austrian capital attracts over 10,000, with almost 70% arriving from abroad, organizers tell the Budapest...

Ecosystem

Female Founders Summit Highlights Women’s Influence in Startup World

The Female Founders Summit, held in Tallinn in partnership with the Womenture Project on May 22 - spotlighted women's rising...

Ecosystem

Visegrád Countries Making Their Mark on Innovation Ecosystem

V4 startups are not only thriving domestically but are also making their mark internationally, entering the global innovation scene....

Ecosystem

Womenture Looking to Boost Female Entrepreneurship

The Womenture project is looking to empower innovation agencies and accelerators to encourage partnerships to boost female entrepreneurship while broadening...

Ecosystem

Finance Ministry Expects 3-4% GDP Growth in 2024

Hungary’s economy is expected to grow by 3-4% in 2024, Minister of Finance Mihály Varga told a meeting of the...

Ecosystem

Fewer Companies Plan to Invest, DUIHK Survey Finds

The latest survey of business sentiment conducted by the German-Hungarian Chamber of Industry and Commerce (DUIHK) shows fewer companies have...

Ecosystem

Subsidy Scheme Aids Over 1,000 Small Business Startups

A HUF 6 billion subsidy scheme launched by the government in the summer has helped Hungarians launch 1,040 small businesses,...

Ecosystem

Hiventures Invests HUF 365 mln in Access4you

Access4you, which certifies building accessibility for people with disabilities, has received a HUF 365 million injection from Hiventures, the venture...

Ecosystem

CEE VC Funding Nosedives in Q1 – Vestbee

Vestbee has just released the "VC Funding In CEE Report - 1Q 2023", which shows that investments in the CEE...

Ecosystem

Design Terminal Launching Female Entrepreneur Initiative

After developing its own female business development program, Design Terminal could now form a European network of female entrepreneurs this...

Ecosystem

Hiventures Plows HUF 24 bln Into Promising Firms in 2022

Hiventures invested HUF 24 billion in domestic companies last year, the venture capital arm of the Hungarian Development Bank (MFB)...

Ecosystem

Hungarian Startup Ecosystem has High Potential, With Room for Improvement

Although Hungary has a solid basis for building a strong startup ecosystem that can drive the economy, it lags behind...

Ecosystem

Startup Alliance Created for Caring Workplaces

A new collaboration has been formed between Hungarian startups that have joined forces for more caring Hungarian jobs....

Ecosystem

2022 Global Startup Ecosystem Report published by Startup Genome

The 2022 Global Startup Ecosystem Report (GSER), the most extensive global data-driven research on startups by Startup Genome, a world-leading...

Nearly 100 Hungarian SMEs Join Int’l Health Innovation Circuit

Over the past six months, more than 90 Hungarian SMEs have had the opportunity to showcase their healthcare innovations on...

ViennaUP 2024: Thousands of Startups Take Over Vienna

International startup festival in the Austrian capital attracts over 10,000, with almost 70% arriving from abroad, organizers tell the Budapest...

Female Founders Summit Highlights Women’s Influence in Startup World

The Female Founders Summit, held in Tallinn in partnership with the Womenture Project on May 22 - spotlighted women's rising...

Visegrád Countries Making Their Mark on Innovation Ecosystem

V4 startups are not only thriving domestically but are also making their mark internationally, entering the global innovation scene....

Womenture Looking to Boost Female Entrepreneurship

The Womenture project is looking to empower innovation agencies and accelerators to encourage partnerships to boost female entrepreneurship while broadening...

Finance Ministry Expects 3-4% GDP Growth in 2024

Hungary’s economy is expected to grow by 3-4% in 2024, Minister of Finance Mihály Varga told a meeting of the...

Fewer Companies Plan to Invest, DUIHK Survey Finds

The latest survey of business sentiment conducted by the German-Hungarian Chamber of Industry and Commerce (DUIHK) shows fewer companies have...

Subsidy Scheme Aids Over 1,000 Small Business Startups

A HUF 6 billion subsidy scheme launched by the government in the summer has helped Hungarians launch 1,040 small businesses,...

Hiventures Invests HUF 365 mln in Access4you

Access4you, which certifies building accessibility for people with disabilities, has received a HUF 365 million injection from Hiventures, the venture...

CEE VC Funding Nosedives in Q1 – Vestbee

Vestbee has just released the "VC Funding In CEE Report - 1Q 2023", which shows that investments in the CEE...

Design Terminal Launching Female Entrepreneur Initiative

After developing its own female business development program, Design Terminal could now form a European network of female entrepreneurs this...

Hiventures Plows HUF 24 bln Into Promising Firms in 2022

Hiventures invested HUF 24 billion in domestic companies last year, the venture capital arm of the Hungarian Development Bank (MFB)...

Hungarian Startup Ecosystem has High Potential, With Room for Improvement

Although Hungary has a solid basis for building a strong startup ecosystem that can drive the economy, it lags behind...

Startup Alliance Created for Caring Workplaces

A new collaboration has been formed between Hungarian startups that have joined forces for more caring Hungarian jobs....

2022 Global Startup Ecosystem Report published by Startup Genome

The 2022 Global Startup Ecosystem Report (GSER), the most extensive global data-driven research on startups by Startup Genome, a world-leading...