As one of the largest venture capital and private equity management firms in the CEE region, PortfoLion VC continuously seeks startup companies with innovative, scalable solutions and agile teams to partner up with them and to invest in Seed & Series A rounds.
On the 8th of May, the fund management firm organises its first Virtual Pitch Night that provides an opportunity for startups to pitch their business ideas and get hands-on feedback from successful entrepreneurs and senior investors. Selected startups will be given the chance to present their business model and growth plans, followed by feedback from a professional advisory panel. Successful teams will get on a fast track in PortfoLion VC’s investment process which can result in investments up to EUR 2M.
At the event – organised in collaboration with Startup Europe Networks and PODIM DX – keynote speaker Zach Coelius (Angel Investor, Serial Entrepreneur) talk about how founders can prepare for an economic downturn and uncertain times, exploring what it takes to be a war-time CEO, building resilience, and taking advantage of new opportunities. The keynote will be extended with a panel discussion about the state of fundraising during the COVID-19 crisis with CEE-based entrepreneurs and investors including Andras Molnar (PortfoLion VC), Gyula Feher (Oktogon Ventures, previously Ustream), Istvan Csanady (Shapr3d) and Marvin Liao (Early Stage Investor, Tech Executive).
Startups can apply by filling in the following form. Registration is open until 12:00 noon CEST 6th of May, however we are selecting applicants on a rolling basis so the sooner you apply, the better your chance is to secure your spot.
The ideal candidate has already found product-market fit and is seeking funds for business model validation, product improvement and business development.
Preferred industries include – but not limited to – E-commerce, Big Data, IT Infrastructure, Financial Software, Artificial Intelligence and Machine Learning.
If you are a startup and you are looking for an investment partner who is not only offering capital to finance organizational and business development but also helps founders through its extensive network and business expertise, then this is the perfect event for you to participate at.
Register for the event as well and join us online on the 8th of May if you are interested!
Let us know if you have any questions by contacting us at email@example.com
PortfoLion is OTP Bank’s venture capital and private equity arm and one of the largest private investors in the CEE region. PortfoLion provides companies with a stable financial background to facilitate their successful market entry and international expansion. PortfoLion currently manages over EUR 130 million with more than 20 companies in its portfolio. The fund management company partners up with companies across multiple growth stages primarily in the CEE & SEE region but it’s also open for investment opportunities from all over Europe. – https://www.portfolion.hu/en
Budapest-based venture capital and private equity firm, PortfoLion, is investing $2.4 million in cloud contact center software provider company VCC Live through its regional private equity fund with investors OTP Bank and Eximbank. The funds will be used to accelerate product and service innovation, as well as to expand globally.
BUDAPEST, 2019-Aug-06 — /Travel PR News/ — Szallas.hu PLC. has successfully acquired two Hungary-based intercountry travel agencies, Utazok.hu PLC. and Maiutazás Group, both of them offers discount trips online. By also purchasing Pihipakk.hu, the portfolio of Szallas.hu PLC. is now supplemented with experience packages, and Maiutazas.hu will be integrated into the international travel branch. Maiutazas Group achieved EUR 5,5 million turnover in 2018 and after the merge, the new group has gained EUR 27,8 million in all.
Rollbar, provider of real-time error monitoring Software as a Service, announced today it has acquired Hungary-based Samebug, in a strategic move that further deepens its domain expertise in grouping and allows for integration of proprietary Samebug technology into its error monitoring solution. It also allows Rollbar to quickly grow its engineering team and have greater access to European customers.
Rapid pace of innovation, new technologies and the digitalisation of almost all segments of the economy pose a huge recruitment challenge for companies all over Europe. The number of job vacancies requiring digitally skilled workers is estimated to rise to 700,000 by 2020 on an EU level. To tackle these challenges, Budapest-based IT education startup Codecool launched a disruptive model for training coding and other digital skills three years ago. The recipe proves to be successful as the company now adding €3.5 million of Series B round venture capital – provided by Lead Ventures and Portfolion – funding to finance its European expansion.
Banzai Cloud has closed its latest round of seed funding with a total investment of $2.5 million. The round was led by PortfoLion, a Central European venture capital and private equity fund, and included financing from FastVentures and Euroventures of Budapest, the latter being an angel investor that has been with the company since its foundation in 2017.
OTP Bank will launch its second international accelerator program in the first months of next year and is accepting applications from growth-stage startups and scaleups until the end of November.
Hungaryʼs Szallas.hu, an online service for booking commercial accommodation, has acquired Polish peer Spanie.pl; the two companies are expected to merge by September this year, Hungarian news agency MTI reported Wednesday.
Hungarian mobile payment company Cellum Global signed a strategic cooperation and investment agreement with Metranet, the digital services unit of Indonesiaʼs leading telecommunications group Telkom, in Budapest on Tuesday, according to local reports.
Europe’s AImotive has raised $38 million in a third round of funding for its software for autonomous cars.