Budapest, 16.11.20. – PortfoLion Capital Partners, a key venture capital firm focused on the CEE region, confirms news about Cisco’s intent to acquire substantially all of Banzai Cloud’s assets. Banzai Cloud is known for its pioneering achievements in the field of cloud-based container system management. Founded in Hungary, Banzai Cloud was funded in two rounds […]
The ecommerce market is continuously growing. Currently, ecommerce in Europe itself is expected to be worth €717B at the end of 2020. The biggest change in this market is the number of players operating in the sector right now. Poland-based Edrone is one such player that provides instant ROI and customer experience solutions for ecommerce.
Yieldigo, a Czech startup founded by three mathematicians, has raised €2 million in seed funding to expand its AI-based pricing platform. The Hungarian VC fund PortfoLion and Silicon Valley’s Alchemist Accelerator participated in the round, alongside J&T Ventures.
Eximbank and OTP Bank are set to launch Regional Private Equity Fund II, with HUF 25 billion of starting capital provided equally by the two companies, according to a press release by OTP Group member PortfoLion, the company which will manage the new fund.
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 […]
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.