TLDR
- Budapest-based Lead Ventures has launched a €100 million fund to support startups in Central and Eastern Europe.
- The fund will target late Seed & Series A companies in sectors such as mobility, finance, energy, IoT, sustainability, and retail.
Budapest-based Lead Ventures has announced the launch of its new €100 million fund aimed at supporting startups in Central and Eastern Europe (CEE). The fund will target late Seed & Series A companies in sectors with significant growth potential and technological innovation, such as mobility, finance, energy, IoT, sustainability, and retail. Lead Ventures aims to provide crucial capital ranging from €2 million to €10 million to help these startups strengthen their Product-Market Fit and expand to new markets.
The CEO of Lead Ventures, Balázs Haszonics, highlighted the firm’s investment strategy and interest in creating a robust portfolio that generates financial returns and fosters positive societal impact. The new fund will not only offer capital but also provide access to the firm’s network of industry experts and strategic partners to guide startups on their growth journey successfully. The support of MOL Group and NTH (National Capital Holding) reinforces Lead Ventures’ position as a key venture capital firm in the region.
Lead Ventures has a strong track record of investing in various sectors, including mobility, energy, and fintech, with successful exits like AiMotive and Amodo. The firm’s existing portfolio includes companies like Cloudtalk, Antavo, and Recart, which are pioneers in their respective industries. Lead Ventures has partnered with notable investors in the region, enhancing its ability to provide support and resources to portfolio companies.
