A total of 31 investments were made by HVCA members during the quarter, including 18 first-round investments, the association said. Average deal sizes were HUF 50 milllion for the pre-seed stage, HUF 268 mln for the seed stage, HUF 185 mln for the start-up stage, and HUF 426 mln for late-stage investments.
The two biggest transactions, of HUF 3.5 bln and HUF 2.2 bln, were in growth-phase companies.
Around half of the investments were in real estate businesses and business and industrial services ventures.
There were 26 exits during the quarter.
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