Hiventures, the venture capital arm of the Hungarian Development Bank (MFB), is setting up a HUF 17 billion fund targeting local startups focused on AI, deeptech, greentech and medtech, CEO László Hradszki told journalists.
He added that innovative companies can already apply for funding on the Hiventures website. The new fund supports the flourishing of domestic technology startups and developments, and indirectly strengthens the competitiveness of Hungarian innovation.
According to his information, the investment can amount to up to EUR 300,000 per company. This volume ensures that early-stage companies with high growth potential can move to the next level, whether it be prototype refinement, market validation, or preparation for the next round of investment.
The CEO pointed out that investments can be made across a wide range of industries, allowing a wide variety of innovative solutions to receive funding. The fund focuses primarily on developments based on deep tech, medtech, greentech, and artificial intelligence, but is also open to developments by companies active in other areas.
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