In H1 2025, Hungarian startup ecosystem shows significant growth in amount and frequency of funding rounds compared to the same period last year. This year, the top ten Hungarian funding rounds amounted to a total of €41.2M. That is considerable uptake from top rounds of 2023 (€15.4M) and 2024 (€24.4M).
If we look at insiders’ notes, Startup Hungary also points in their 2024 Report that total investments stagnated last year, hovering around €54 million in 2024. This stagnation mirrored ongoing investor caution across Europe, where funding remained constrained compared to peak years. However, the biggest funding rounds of H1 2025 prove there might be positive change incoming.
Below you can check biggest H1 2025’s funding rounds in Hungary and key details about the startups. Check the rest of H1 2025 mappings here.
This article is part of the CEE funding mapping series. Please feel free to contact us if we missed something: [email protected].
Hungary H1 2025 Funding
Zocks
(Hungarian co-founder; USA-based, San Francisco)
About: A meeting assistant designed for financial advisors that captures details during client meetings, prepares follow-ups, and integrates notes into CRM and task management systems.
Founders: Ákos Ratku (CTO), Mark Gilbert (CEO)
Vertical: Finance, Productivity
Latest round: $13.80M (€11.73M)
Stage: A-Round
Investors: 14Peaks Capital; Lightspeed Venture Partners; Entrée Capital; Motive Partners; Ascend VC; Global Founders Capital; Expanse Venture Partners
Total funding: $19.3M (€16.41M)
XUND
(Hungarian co-founders; Austria-based, Vienna)
About: Connects patients to appropriate care using API-first medical devices, enhancing the entire patient journey from prevention to diagnosis.
Founders: Tamás Petrovics, Lukas Seper, Dominik Rosinger
Vertical: Health, Medical
Latest round: €6.00M
Stage: Seed
Investors: Lead Ventures; MassMutual Ventures; Peak Pride; J&T Ventures; MMC Ventures
Total funding: $17M (€14.45M)
Axoflow
(Hungarian founders; USA-based, New York)
About: Provides a security data curation pipeline that helps hybrid enterprises simplify and reduce costs by over 50% by automating data curation.
Founders: Sándor Guba, Ferenc Hernadi
Vertical: Cybersecurity
Latest round: $7.00M (€5.95M)
Stage: Seed
Investors: Notion Capital; e2vc; 500 Emerging Europe; Credo Ventures
Total funding: $10.14M (€8.62M)
Semeris – Legal AI for Finance
About: Delivers a combination of software, natural language processing, AI, and human curation to address challenges associated with reviewing legal documents in finance.
Founders: Szabolcs Sam Daroczy
Vertical: Finance
Latest round: $4.30M (€3.66M)
Stage: A-Round
Investors: QVentures; Puma Private Equity
Total funding: $4.35M (€3.70M)
DiffuseDrive
(Hungarian founders; USA-based, San Francisco)
About: An end-to-end automated data solution is developed to aid computer vision developers in creating autonomous machines more efficiently, utilizing generative AI to streamline data infrastructure and significantly reduce time-to-market.
Founders: Balint Pasztor (CEO), Roland Pintér (CTO)
Vertical: Developer tools
Latest round: $3.50M (€2.98M)
Stage: Seed
Investors: Outlander VC; 500 Global; Presto Ventures
Total funding: $3.50M (€2.98M)
Riptides
About: Provides a universal and transparent non-human identity solution to secure connections between workloads and services.
Founders: Marton Sereg (CEO), Zsolt Varga (CTO), Janos Matyas (Head of R&D)
Vertical: Cybersecurity; IAM
Latest round: $3.30M (€2.81M)
Stage: Seed
Investors: PortfoLion; KAYA VC
Total funding: $3.30M (€2.81M)
Qneiform
(Hungary-based; Budapest)
About: A talent data and intelligence platform designed for talent professionals, combining advanced data technology with human research to provide comprehensive talent datasets. It enables financial institutions and executive search firms to effectively map talent markets and enhance hiring decisions.
Founders: Thomas Percy
Vertical: Recruitment
Latest round: €3.00M
Stage: Seed
Investors: PROfounders Capital; Samen Slimmer Alliance; DFF Ventures; Slimmer AI; Day One Capital; Keen Venture Partners
Total funding: $4.08M (€3.47M)
Kodesage
About: An enterprise-ready solution assists engineering teams in swiftly comprehending complex software projects and modernizing legacy systems.
Founders: Gyorgy Szilagyi (COO), Gergely Dombi, Miklós Szurdi
Vertical: Software Development
Latest round: €2.30M
Stage: Pre-Seed
Investors: PortfoLion
Total funding: €2.30M
Genomate Health
(Hungarian founder; USA-based, Cambridge)
About: Develops AI-driven computational models for personalized cancer treatment, enabling standardized decision-making based on individual patient data. The flagship product enhances N-of-1 treatment decisions in precision oncology by automating data management and synthesis.
Founders: Istvan Petak
Vertical: Health
Latest round: $2.25M (€1.91M)
Stage: Seed
Investors: Oktogon Ventures
Total funding: $10.03M (€8.52M)
IntelliSense.Hu
(Hungary-based)
About: Specialising in wireless, privacy-preserving monitoring and analytics solutions. By combining advanced signal processing with artificial intelligence (AI), it delivers real-time insights without the need for intrusive cameras or wearables.
Founders: Henrik Grünfeld
Vertical: Security
Latest round: $0.54M (€0.46M)
Stage: Pre-Seed
Investors: N/A
Total funding: $0.54M (€0.46M)
Other important deals and exits from Hungarian ecosystem
In March 2025, Hungarian startup DynamO Pricing attracted an angel investment of 350,000 dollars. The investment is registered by a total of 8 angel investors, including the actors known from the Hungarian startup ecosystem, such as Zoltán Györkő and the former leaders of Balabit. Founded in 2017, DynamO Pricing entered the market with a self-developed pricing engine, which primarily helps event organizers, theatres, festivals and sports clubs to increase the number of spectators and ticket revenues.
In April 2025, IncQuery Group, Hungarian firm that specializes in application lifecycle management (ALM) and systems engineering services, was acquired by PTC, a global software company with a market capitalization of $18.79 billion. The move aims to enhance PTC’s offerings in ALM, systems engineering, and product lifecycle management (PLM).
In May 2025, Seyfor, one of Europe’s leading providers of enterprise IT solutions, has acquired 100% of the shares in Revolution Software Kft., a key player in the Hungarian ERP solutions market.
In May 2025, Group.one has signed an agreement to acquire MiniCRM Zrt. including its Romanian subsidiary MiniCRM Software SRL, a leading provider of CRM solutions for small and medium-sized businesses in Europe, according to a press release sent to the Budapest Business Journal.
