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Euroventures

One of the longest-established and leading independent private equity and venture capital firms in Central Europe.
Euroventures
Leadership team

Tánczos Péter ( Partner)

Thomas Howells  (Partner)

Zoltán Tóth ( Partner)

Norbert Bial  (Junior Partner)

Mariann Ivanics ( Compliance Manager)

Dóra Szokolovszky (Senior Associate)

Number of Employees
50 - 100
Headquarters
Budapest, Hungary
Established
1991
Social Media
Summary

Euroventures is a venture capital firm that invests in early-stage startups in Central and Eastern Europe. Founded in 1990, the company has over 30 years of experience in the region and has built a diverse portfolio of companies across a range of sectors, including technology, healthcare, and consumer goods.

Euroventures' investment criteria include a focus on disruptive technologies, innovative business models, and strong management teams. The company provides its portfolio companies with strategic guidance, operational support, and access to its network of contacts and resources, helping them to achieve their full potential and make a positive impact on the world. Euroventures has a long history of supporting innovative startups and promoting entrepreneurship and sustainable growth in the region.

History

Euroventures is a venture capital firm based in Hungary that invests in innovative startups with high growth potential. The company was founded in 1991 by Csaba Zajdo and has since become one of the most prominent venture capital firms in Central and Eastern Europe. Here is a brief history of Euroventures:

1991-2000: Euroventures was founded in 1991 with the goal of providing financing and support to innovative startups in Hungary. During its early years, the company focused primarily on investing in software and IT startups, helping them to develop and expand their businesses.

2000-2010: In the early 2000s, Euroventures expanded its focus to include a wider range of industries, including healthcare, energy, and consumer products. The company also began to invest in startups in other countries in Central and Eastern Europe, recognizing the region's growing potential for innovation and entrepreneurship.

2010-Present: In recent years, Euroventures has continued to expand its portfolio and invest in startups across a range of industries, including fintech, e-commerce, and logistics. The company has also established partnerships with other venture capital firms and investors, both within Hungary and across Europe.

Today, Euroventures is one of the most prominent venture capital firms in Central and Eastern Europe, with a strong track record of supporting innovative startups and helping them to grow and succeed. The company is committed to promoting entrepreneurship and innovation in the region, and to investing in companies that have the potential to make a positive impact on society.

Investment criteria

The company has a set of investment criteria that it uses to evaluate potential investment opportunities. Here are some of the key factors that Euroventures considers when evaluating startups:

  • Strong team: Euroventures looks for startups that have a strong and experienced team with a track record of success. The company believes that the team is one of the most important factors in a startup's success and that the right team can overcome many obstacles and challenges.
  • Scalable business model: Euroventures invests in startups that have a scalable business model with the potential to generate significant revenue and profits. The company looks for startups that are targeting large and growing markets, and that have a clear strategy for scaling their operations.
  • Innovation: Euroventures invests in startups that are developing innovative technologies, products, or services that have the potential to disrupt traditional industries. The company is particularly interested in startups that are developing technologies that can be applied across multiple industries or markets.
  • Market potential: Euroventures looks for startups that are targeting large and growing markets with significant demand for their products or services. The company is particularly interested in startups that are targeting underserved or overlooked markets.
  • Traction: Euroventures looks for startups that have demonstrated traction in the market, either through revenue growth, user acquisition, or other metrics. The company is particularly interested in startups that have already achieved some level of success and are looking to scale their operations.
Values

The company is committed to promoting innovation, entrepreneurship, and sustainable growth in the region. Here are some of the core values that guide Euroventures' investment philosophy:

  • Partnership: Euroventures believes in building strong partnerships with the startups it invests in. The company works closely with its portfolio companies to provide strategic guidance, operational support, and access to its network of contacts and resources.
  • Innovation: Euroventures is passionate about investing in innovative startups that are developing new technologies, products, or services. The company believes that innovation is a key driver of economic growth and is committed to supporting startups that have the potential to make a positive impact on society.
  • Entrepreneurship: Euroventures is committed to promoting entrepreneurship in Central and Eastern Europe. The company believes that entrepreneurs are the engine of economic growth and is committed to providing the resources and support that early-stage startups need to succeed.
  • Sustainability: Euroventures is committed to investing in companies that are environmentally and socially responsible. The company believes that sustainable growth is the key to long-term success and is committed to supporting startups that are committed to making a positive impact on the environment and society.
  • Integrity: Euroventures is committed to conducting its business with the highest standards of integrity and professionalism. The company believes in being transparent and honest with its portfolio companies and stakeholders, and in upholding the highest ethical standards in all of its operations.
Mission

The company's mission is to promote innovation, entrepreneurship, and sustainable growth in the region by providing the resources, expertise, and support that early-stage startups need to succeed. Here is Euroventures' mission statement:

"At Euroventures, our mission is to support the growth and success of early-stage startups in Central and Eastern Europe. We are passionate about promoting innovation, entrepreneurship, and sustainable growth in the region, and we believe that startups are the key to driving economic development and creating positive social impact.

Our mission is to identify and invest in startups with the potential to disrupt traditional industries, create new markets, and drive innovation. We provide our portfolio companies with the resources, expertise, and support they need to succeed, including strategic guidance, operational support, and access to our network of contacts and resources.

We are committed to conducting our business with the highest standards of integrity and professionalism, and we believe in building strong partnerships with our portfolio companies based on trust, transparency, and collaboration. Our mission is to help startups achieve their full potential and make a positive impact on the world."

Portfolio

Over the past 30 years, the company has built a diverse portfolio of companies across a range of sectors, including technology, healthcare, and consumer goods. Here are some examples of companies that Euroventures has invested in:

  • Tresorit: Tresorit is a Hungarian cloud storage and collaboration platform that provides end-to-end encryption for maximum security. Euroventures invested in Tresorit in 2014, and the company has since grown to become a leading provider of secure cloud storage solutions.
  • Shapr3D: Shapr3D is a Hungarian startup that has developed 3D modelling software for the iPad Pro. Euroventures invested in Shapr3D in 2017, and the company has since raised additional funding from other investors and expanded its customer base globally.
  • Green Fox Academy: Green Fox Academy is a Hungarian coding school that provides training and job placement for software developers. Euroventures invested in Green Fox Academy in 2018, and the company has since expanded its operations to other countries in the region.
  • BioDee: BioDee is a Romanian startup that has developed a portable device for detecting water pollution. Euroventures invested in BioDee in 2019, and the company has since won several awards and grants for its innovative technology.
  • Pixoneye: Pixoneye is an Israeli startup that has developed an AI-powered platform for personalized marketing. Euroventures invested in Pixoneye in 2020, and the company has since expanded its operations to the European market.
References
Euroventures
Leadership team

Tánczos Péter ( Partner)

Thomas Howells  (Partner)

Zoltán Tóth ( Partner)

Norbert Bial  (Junior Partner)

Mariann Ivanics ( Compliance Manager)

Dóra Szokolovszky (Senior Associate)

Number of Employees
50 - 100
Headquarters
Budapest, Hungary
Established
1991
Social Media