The document analyzes economic data from the Hungarian startup ecosystem in 2014, finding that:
- A total of $69.3 million was raised in 27 deals, with seed financing surpassing venture financing.
- The average value of seed deals increased six-fold, while venture financing rebounded after a low period.
- Most funding came from domestic investors, though foreign investment also contributed significantly.
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3. We are living in a golden age of digital
entrepreneurship, when tools and capital
needed to transform concepts into reality
are accessible to more people than ever.
Never before has it been cheaper and easier
to start a company and attract potential
customers from all over the world.
4. High growth technology startups look to be
the primary growth engine of the new
information economy. With that in mind, it is
utterly important to analyse the economic
pro鍖le and performance of startups, all with
the goal of helping entrepreneurs, investors,
and policy makers understand how they
compare to the global startup ecosystem.
6. QUANTITATIVE
STUDY
Statistical analysis of data
from 125 startups, 54
investors, and 93 deals.
RETROSPECTIVE
ANALYSIS
Systematic observation of
economic indicators over
the course of the years.
QUALITATIVE
STUDY
Interviews with founders,
investors and support
organisations.
16. CAPITAL INVESTED
Spectrum Equity, Accel Partners
Valor Capital
Euroventures
Sz辿chenyi Tkebefektet辿si Alap, Private Investors
Traction Tribe
Primus Capital
OTP-DayOne
Finnish Business Angels Network, Evli Bank
Energen Group
OTP-Day One
Fiedler Capital
European Pioneers
iCatapult
Axel Springer Plug and Play
Kitchen Budapest
$10m $20m $30m $40m $50m $60m
17. CAPITAL INVESTED
Valor Capital
Euroventures
Sz辿chenyi Tkebefektet辿si Alap, Private Investors
Traction Tribe
Primus Capital
OTP-DayOne
Finnish Business Angels Network, Evli Bank
Energen Group
OTP-Day One
Fiedler Capital
European Pioneers
iCatapult
Axel Springer Plug and Play
Kitchen Budapest
$1m $1m $2m $3m $3m $4m
26. 2
1
3
Average value of seed deals shows six-fold increase;
Seed 鍖nancing overtakes venture 鍖nancing in rounds;
Venture 鍖nancing rebounds after low period of 2 years.
27. HUNGARIAN STARTUP ECOSYSTEM, 2014
ECONOMIC SNAPSHOT OF THE HUNGARIAN STARTUP ECOSYSTEM IN 2014
DATA AVAILABLE ONLINE, VISIT US AT: STARTUPS.HU
Startups.hu is currently tracking 125 Hungarian tech startups, and 93 related investments.
We are also tracking the economic pro鍖le of these Hungarian startups, which we plan to
release as annual reports. Feel free to use our data, and remember to credit the site as
your source.
Startups.hu was established in an effort to build an extensive database of Hungarian
startups, their economic performance, and the hard working entrepreneurs behind them.
We want the site to become the source of an informed overview of the startup ecosystem
in Hungary.
Our goal is to make the Hungarian startup ecosystem transparent and predictable, thus
more attractive for international venture capital.