Budapest-based payment processing platform PastPay has raised €12 million, led by Platina Capital, with participation from MBH Fintechlab, Advance Global Capital Ltd, Quantic Financial, STRT Holding Nyrt., and BNL Start Partners Kft.
Budapest-based VC Lead Ventures has launched a €100 million fund to support CEE startups. This fund will help companies improve their product-market fit and expand into new markets.
Budapest-based agritech startup scoutlabs, which is addressing a critical agricultural challenge by offering data-driven, sustainable pest control, has raised $2 million in a seed funding.
Hungarian Parkl has secured €4 million from Lead Ventures to develop its digital mobility services.
Hungarian data generation platfrom DiffuseDrive has secured an undisclosed funding round. The round was led by 500 Emerging Europe.
Budapest-based biotech startup Turbine has secured funding from Accenture Ventures. This investment is intended to accelerate the use of Turbine's AI-powered cell simulations.
Hungarian visual recognition software developer Deligo has secured $3 million in a round led by Frontline Ventures. Interactive Venture Partners, and Grep VC also participated in the investment alongside various angel investors.
Captiwate, based in Budapest and San Francisco, has raised $600,000 from Interactive Venture Partners, Oktogon Ventures, Fiedler Capital, and Cloudbreak VC.