Oktogon Ventures logo

Oktogon Ventures

Europe, Budapest, Hungary, Budapest

Description

Oktogon Ventures is a Budapest-based venture capital firm primarily focused on early-stage, high-growth technology companies originating from the Central and Eastern European (CEE) region. Established with the mission to empower promising startups in the CEE ecosystem, the firm aims to help these companies scale and realize their full potential on a global stage. Their investment thesis centers on disruptive innovations across various sectors, including SaaS, AI, Fintech, Deeptech, Marketplaces, Digital Health, and the Future of Work.

The firm typically engages with companies at the seed and early Series A stages, providing crucial capital and strategic support during their formative years. Oktogon Ventures is known for its hands-on approach, offering portfolio companies access to a robust network of industry experts, mentors, and potential partners, alongside operational guidance. Their initial investment tickets generally range from €250,000 to €1.5 million, demonstrating their commitment to providing substantial early-stage funding.

Oktogon Ventures manages a dedicated fund of €20 million, which enables them to make meaningful initial investments and reserve capital for follow-on rounds, potentially investing up to €3 million in their most promising portfolio companies. Beyond capital, the firm emphasizes its role as a strategic partner, leveraging its deep understanding of the CEE market and global tech trends to accelerate growth. They seek to back ambitious founders with strong execution capabilities, helping them navigate the challenges of scaling and achieving market leadership within their respective niches.

Investor Profile

Oktogon Ventures has backed more than 27 startups, with 1 new investments in the last 12 months alone. The firm has led 4 rounds, about 15% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Convertible Note rounds (top funding stages).
  • Majority of deals are located in Hungary, United States, United Kingdom.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Media and Entertainment.
  • Typical check size: $270K – $1.6M.

Stage Focus

  • Seed (44%)
  • Series A (19%)
  • Convertible Note (11%)
  • Pre Seed (11%)
  • Angel (7%)
  • Series C (4%)
  • Series B (4%)

Country Focus

  • Hungary (37%)
  • United States (37%)
  • United Kingdom (11%)
  • Estonia (7%)
  • France (4%)
  • Country not foundSlovakia (Slovak Republic) (4%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Media And Entertainment
  • Audio
  • Generative Ai
  • Video
  • Video Editing
  • Information Technology
  • Android
  • Developer Platform
circle-line
FAQ

Frequently Asked Questions

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

Who does Oktogon Ventures frequently co-invest with?

Day One Capital
Europe, Budapest, Hungary, Budapest
Co-Investments: 7
LAUNCHub Ventures
Europe, Grad Sofiya, Bulgaria, Sofia
Co-Investments: 2
Emerge Education
Europe, England, United Kingdom, London
Co-Investments: 2
Lead Ventures
Europe, Budapest, Hungary, Budapest
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 3
APX
Europe, Berlin, Germany, Berlin
Co-Investments: 2
Fiedler Capital
Europe, Budapest, Hungary, Budapest
Co-Investments: 5
OpenOcean
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 3
Baconsult
Europe, Budapest, Hungary, Budapest
Co-Investments: 2

Which angels does Oktogon Ventures often collaborate with?

AK
Europe, Budapest, Hungary, Budapest
Shared Deals: 1
MH
Europe, Hovedstaden, Denmark, Copenhagen
Shared Deals: 1
BB
Europe, Hungary
Shared Deals: 1
MI
Europe, Romania
Shared Deals: 1
JS
Europe, Budapest, Hungary, Budapest
Shared Deals: 4
GG
Europe, Austria
Shared Deals: 1
BJ
Europe, Budapest, Hungary, Budapest
Shared Deals: 1
DB
Europe, Budapest, Hungary, Budapest
Shared Deals: 1
CS
North America, Washington, United States, Kirkland
Shared Deals: 1
TK
Europe, Budapest, Hungary, Budapest
Shared Deals: 1

What are some of recent deals done by Oktogon Ventures?

Hypefy

Dover, Delaware, United States

End-to-end influencer marketing management platform for brands

Brand MarketingContent CreatorsContent MarketingMarketing Automation
SeedJan 9, 2025
Amount Raised: $1,744,000
Captiwate

San Francisco, California, United States

SaaS, GTM, Visitor identification

Information TechnologySoftware
AngelMar 22, 2024
Amount Raised: $600,000
Colossyan

Wilmington, Delaware, United States

Colossyan specializes in AI video for workplace learning, empowering users to generate videos from text through AI technology.

Artificial Intelligence (AI)AudioGenerative AIMedia and EntertainmentSoftwareVideoVideo Editing
Series AFeb 6, 2024
Amount Raised: $22,000,000
Flawless

London, England, United Kingdom

Flawless provides AI-powered operations observability & incident management for ecommerce & marketplace businesses.

Data IntegrationDatabaseSoftware
SeedSep 28, 2023
Amount Raised: $2,200,000
Mitzu Inc

Budapest, Budapest, Hungary

Simple, warehouse native product analytics

Software
Pre SeedSep 8, 2023
Amount Raised: $535,000
Colossyan

Wilmington, Delaware, United States

Colossyan specializes in AI video for workplace learning, empowering users to generate videos from text through AI technology.

Artificial Intelligence (AI)AudioGenerative AIMedia and EntertainmentSoftwareVideoVideo Editing
Series AFeb 27, 2023
Amount Raised: $5,000,000
Volteum

Budapest, Budapest, Hungary

Enabling companies to operate EV fleets easily and cost-efficiently

SoftwareTransportationTravel
SeedNov 9, 2022
Amount Raised: $1,252,421
Colossyan

Wilmington, Delaware, United States

Colossyan specializes in AI video for workplace learning, empowering users to generate videos from text through AI technology.

Artificial Intelligence (AI)AudioGenerative AIMedia and EntertainmentSoftwareVideoVideo Editing
Convertible NoteNov 4, 2022
FLIT Invest

New York, New York, United States

FLIT Invest is an automated impact investing app that allows users to align their investments with their values without sacrificing returns

AppsCleanTechFinanceFinancial ServicesFinTechImpact InvestingSocial ImpactSustainabilityWealth Management
Pre SeedOct 5, 2022
Amount Raised: $750,000
Genomate Health

Cambridge, Massachusetts, United States

Genomate Health is a digital health company that develops computational (AI) solutions for personalized medicine.

BiotechnologyHealth CareLife SciencePrecision Medicine
SeedOct 1, 2022
Amount Raised: $5,729,007