For founders looking for capital, Hungary offers a surprisingly active and supportive environment. Firms like Hiventures have backed well over 700 companies, showing just how much opportunity there is.

You'll also find focused funds like Day One Capital, which has made nearly 50 investments, and newer players like Oktogon Ventures. Each firm has its own approach, so it's worth getting to know the main players.

Below is our list of the best 3 VC firms in Hungary.

Failory's Top 3 Picks

Day One Capital manages privately financed funds to back early-stage technology startups from Central Eastern Europe on their global missions. Their portfolio includes robotics company OnRobot and gaming platform Gamee, reflecting a focus on sectors from SaaS to healthcare.

HeadquartersBudapest, Budapest, Hungary
Year Founded2011
FoundersCsaba Kakosy, Elek Straub, Gyorgy Simo
Total Funding€34M
Average Check Size€1.5M
IndustriesConsumer, Gaming, Social, Healthcare, Robotics, SaaS, Cloud
Investment StageEarly Stage, Seed, Series A
Nº of Investments49 (14 as Lead Investor)
Nº of Exits6
Top Portfolio StartupsGamee, On robot, Statzup
Contact+36 70 386 9952

Oktogon Ventures backs early-stage, tech-heavy startups across Central and Eastern Europe, looking for companies with global appeal from day one. Led by successful entrepreneurs, the firm provides hands-on operational support and a bridge to Western European and US markets for portfolio companies like Bitrise.

HeadquartersBudapest, Budapest, Hungary
Year Founded2019
FoundersGyula Feher, Veronika Pistyur
Investment StageConvertible Note, Early Stage, Late Stage, Seed
Nº of Investments30 (4 as Lead Investor)
Nº of Exits
Contactvera@oktogon.vc / +41 434661050

Hiventures fuels the business ecosystem in Central and Eastern Europe as one of the region's most active venture capital partners. They provide equity funding to a wide variety of companies, supporting both high-growth SMEs and traditional businesses from the earliest stages onward.

HeadquartersBudapest, Budapest, Hungary
Year Founded1999
Founders
IndustriesMedia, Gaming, Big Data & Analytics, Consumer, Education, Fintech, InsurTech, Food & Beverage, Supply Chain & Logistics, Marketplace, Healthcare, Travel & Hospitality, Agriculture, SaaS
Investment StageConvertible Note, Early Stage, Private Equity, Seed, Pre-Seed, Series A
Nº of Investments744 (47 as Lead Investor)
Nº of Exits7 (1 IPO'd)
Contactinfo@hiventures.hu / +36 14525780