|Description||Business Angel Fund|
Institutional angle fund based in Hungary, providing seed capital and management mentoring for innovative early-stage tech start-ups.
Primary industry focus on IT, telecommunications, energy, biotech and finance.
Average deal size in the HUF 50-100mn (EUR 0.2-0.4mn) range.
The founders include two former top executives at Hungary’s leading telecoms group, an ex-minister and a VC fund manager.