Virgo Capital

Virgo Ventures is a Hungarian technology incubator that focuses on providing comprehensive support to early-stage digital product and business development. Unlike traditional investors, the firm positions itself as a dedicated professional partner, offering hands-on guidance, significant field expertise, and access to an extensive international network. They provide capital investment and subsidies to startups, aiming to foster innovation and growth in the digital landscape.

Founded in 2011 by Virgo Systems and CEIS, Virgo Ventures was established with the mission to offer 'smart money' and strategic support to promising startups. The firm leverages over 15 years of successful business experience and a team of experts to guide companies through their conceptual, prototype, or growth phases. Their investment programs, such as the Startup Factory, are designed to provide long-term strategic, financial, and technological assistance to innovative businesses.

Virgo Ventures targets attractive business ideas and solutions with significant international growth potential. Their main areas of interest span a wide range of digital product development, including Artificial Intelligence (AI), Big Data & Analytics, Cybersecurity, Fintech, Edtech, Digital Media, Adtech, Creative Industries, Health & Wellness, Art-Tech, IT, Ecommerce, HR Tech, IoT, and Business Operation solutions. The firm typically provides capital investments ranging from a minimum of HUF 5 million to a maximum of HUF 75 million per startup, which translates to approximately €13,000 to €195,000, primarily supporting Seed-stage companies.

The firm's portfolio includes a diverse array of companies such as Convkit, Kameleon Systems, Uptive, Voovo, Actlico, Charlie India, Evotronics, Marketyour.store, Rakun, Nective, Walter's Cube, Skillio, Wyhoys, and DataMe. The leadership team comprises experienced professionals like Bence Laczkovich (CEO, Managing Partner), Balázs Mosonyi (Managing Partner), Kamilla Szandrocha (Board Member, Partner), and Ákos Gordon (Board Member, Partner), who bring extensive backgrounds in IT business development, management, and capital transactions.