In a Nutshell

• Lead Ventures has announced the launch of its new €100M fund, targeting startups in CEE. The fund will offer investments ranging from €2M to €10M, providing a boost to companies in strengthening their Product-Market Fit and expanding to new markets.
• Lead Ventures targets late Seed and Series A companies.

Get the Details

Hungarian Lead Ventures, founded in 2017, has previously invested in CEE companies across various sectors, including mobility, energy, fintech, among other B2B software verticals. 

Previous exits include AiMotive, an autonomous vehicle technology. This marks the biggest exit in Hungary. Another successful exit is Amodo, an insurance technology provider. 

The rest of the companies in their portfolio include Cloudtalk, an AI-powered call center software provider, Antavo, a loyalty management platform, and Recart, an e-commerce messaging platform.

Lead Ventures has collaborated with other investors in the region such as Credo Ventures, Presto Ventures, and Point9 Capital among others.

The Manifesto of the New Fund

“We believe that the CEE region is rich in talent and innovation, making it a prime area for venture capital investment. Our new fund establishes a significant platform to support and develop these promising talents. By continuing our successful collaboration with co-investor financial and business partners, we aim to drive growth and create value in the region,” Balázs Haszonics, CEO of Lead Ventures, shared for The Recursive.

Lead Ventures’ new fund is the third biggest fund closed this year in the region after OTB’s €170M and Presto’s €150M.