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Hiventures

Europe, Budapest, Hungary, Budapest

Description

Hiventures is Hungary's largest venture capital fund manager, playing a pivotal role in the country's startup and innovation ecosystem. Established with significant public backing, it manages a substantial portfolio of funds, primarily sourced from Hungarian state and European Union resources. Its mission is to foster the growth of innovative Hungarian companies across various development stages, from early-stage startups to mature scale-ups, thereby contributing to economic development and job creation.

Hiventures adopts a comprehensive investment strategy, covering a wide spectrum of company development. They offer funding through distinct programs tailored for different stages: Startup/Seed, Early Stage, and Growth/Scale-up. For instance, their Early Stage program typically provides investments ranging from approximately $135,000 to $1.35 million, targeting companies that have demonstrated initial traction. The Growth/Scale-up program, designed for more established businesses seeking significant expansion capital, can deploy up to approximately $8.1 million per investment. This multi-stage approach allows Hiventures to support companies throughout their lifecycle, from initial concept to market leadership.

As a cornerstone of the Hungarian VC landscape, Hiventures manages an impressive portfolio of over 100 billion HUF (approximately $270 million USD) in total funds. This considerable capital base has enabled them to make more than 250 investments in Hungarian companies, making them one of the most active investors in the region. Their extensive network and strategic partnerships, including collaborations with corporate venture capital initiatives, further enhance their ability to provide not only financial capital but also strategic guidance and access to markets for their portfolio companies. Hiventures' commitment extends beyond mere funding, aiming to build a robust and competitive innovation economy in Hungary.

Investor Profile

Hiventures has backed more than 747 startups, with 0 new investments in the last 12 months alone. The firm has led 48 rounds, about 6% of its total and boasts 7 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Pre Seed, Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Hungary, United States, United Kingdom.
  • Strong thematic focus on Software, Information Technology, Manufacturing.
  • Typical check size: $135K – $8.1M.

Stage Focus

  • Pre Seed (56%)
  • Seed (39%)
  • Series A (3%)
  • Private Equity (1%)

Country Focus

  • Hungary (93%)
  • United States (2%)
  • United Kingdom (1%)

Industry Focus

  • Software
  • Information Technology
  • Manufacturing
  • Health Care
  • Apps
  • E-commerce
  • Mobile Apps
  • Artificial Intelligence (Ai)
  • Medical
  • Financial Services
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Hiventures frequently co-invest with?

Innonic Group
Europe, Debrecen, Hungary, Debrecen
Co-Investments: 1
Solus Capital
Europe, Budapest, Hungary, Budapest
Co-Investments: 4
SC
Europe, England, United Kingdom, London
Co-Investments: 1
Bonitás Ventures
Europe, Budapest, Hungary, Budapest
Co-Investments: 9
OXO Technologies Holding
North America, Illinois, United States, South Holland
Co-Investments: 2
Prosperitas Capital Partners
South America, NA - Uruguay, Uruguay, Montevideo
Co-Investments: 1
OXO Labs Ltd.
Europe, Budapest, Hungary, Budapest
Co-Investments: 4
BnL Start Partners
Europe, Miskolc, Hungary, Miskolc
Co-Investments: 1
GA
Europe, Vas, Hungary, Vasvár
Co-Investments: 1
Baconsult
Europe, Budapest, Hungary, Budapest
Co-Investments: 1

Which angels does Hiventures often collaborate with?

BS
Europe, Budapest, Hungary, Budapest
Shared Deals: 1

What are some of recent deals done by Hiventures?

SURVIOT Monitoring Kft.

Hatvan, Heves, Hungary

Smart movement and deformation monitoring solutions for civil engineering projects made for experts and decision makers.

Civil EngineeringCloud ComputingConstructionInternet of ThingsProperty ManagementSoftwareWeb Apps
SeedAug 30, 2023
Amount Raised: $518,234
iBar Experience Kft.

Siklós, Baranya, Hungary

iBar is an AI inventory app that provides restaurant management services.

Artificial Intelligence (AI)CateringMobile AppsRestaurantsSaaS
SeedAug 14, 2023
Amount Raised: $482,504
Linkio - Ecommerce Integration Portal

Kecskemét, Bacs-Kiskun, Hungary

Integrate wholesalers into your online store easier then ever

E-Commerce
Pre SeedAug 10, 2023
Amount Raised: $171,314
Access4you

Budapest, Budapest, Hungary

Access4you is an app that offers surveys and assessment request audits for property owners and companies.

AppsInformation ServicesLocalSearch Engine
SeedJul 26, 2023
Amount Raised: $1,058,614
Greenstic Europe

Baj, Komarom-Esztergom, Hungary

Greenstic Europe is a distributor and contract manufacturer of plastic free single use packaging for the HoReCa sector

CateringManufacturingPackaging Services
SeedJun 8, 2023
Amount Raised: $1,509,488
Linkio - Ecommerce Integration Portal

Kecskemét, Bacs-Kiskun, Hungary

Integrate wholesalers into your online store easier then ever

E-Commerce
Pre SeedMay 17, 2023
Amount Raised: $112,715
Hackrate

Budapest, Budapest, Hungary

An ethical hacking platform, which helps the companies to reduce cybersecurity risks by using the power of a global hacker community.

Cyber SecurityInformation TechnologySecurity
Pre SeedMar 20, 2023
Amount Raised: $300,121
Himoney Kft.

Budapest, Budapest, Hungary

Himoney is a fintech company offering a mobile platform for financial robo-advisory and retail investments.

Financial ServicesWealth Management
Pre SeedSep 6, 2022
Amount Raised: $122,546
Sweet City

Budapest, Budapest, Hungary

Online experince service delivering sweets and associated products with refrigerated vehicles

E-CommerceFood and BeverageLogistics
SeedApr 24, 2022
Amount Raised: $1,080,971
Briefly

Budapest, Budapest, Hungary

Briefly provides team management and human resources services.

Human ResourcesSoftware
Pre SeedApr 15, 2022
Amount Raised: $600,000