About OXO Labs
OXO Labs, an accelerator and incubator program founded in 2014, is based in Budapest, Hungary. With a presence in 6 countries, it has supported around 37 startups in sectors like Enterprise Applications, High Tech. As of Oct 2026, OXO Labs has witnessed 1 portfolio exit. Most notable companies in
its portfolio include Giggle, Agroninja and Yusp. The program is backed by a team of 3 people who primarily support Seed startups based in Hungary. Its latest investment was a Undisclosed Seed round in Giggle on Feb 19, 2026.
Key Metrics
Founded Year
2014
Location
Budapest, Hungary
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
OXO Labs' List of Top Investments
OXO Labs has a portfolio of 37 companies. Their most notable investments are in Green Drops Farm and Betme.Their portfolio spans across Hungary, United States, Luxembourg and 3 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 20 other sectors, across stages such as Seed stage. Here is the list of top investments by OXO Labs:1. Giggle
Platform offering flexible work arrangements and job opportunities for individuals. The platform allows users to find short term, temporary and casual jobs that are tailored to the availability and needs. Users can register and create a profile to access available job opportunities. It features an application that is available on playstore and app store.
Key facts about Giggle
- Founded Year: 2022
- Location: Budapest (Hungary)
- Stage: Seed
- Employee Count: 28 as on Aug 31, 2026
- Investors: Hiventures, STRT and 1 Other
- Latest Funding Round: Seed, Feb 19, 2026, $*****

2. Agroninja
Agroninja develops a mobile application for cattle weight measurement. It offers a mobile application, Beefie using which the livestock photographs can be captured and processed for calculating the cattle weight by linking it to an external device. The application asks for the condition, breed, gender, age, and general appearance of livestock to record individual livestock data. The weights of cattle can be recorded in the application to monitor other farm operations.
Key facts about Agroninja
- Founded Year: 2017
- Location: Csongrad (Hungary)
- Stage: Funding Raised
- Employee Count: 5 as on Jul 01, 2024
- Investors: Hiventures, OXO Labs and 1 Other
- Highlight: Editors' Pick
3. Yusp
Cloud-based marketing personalization solution for enterprises. The company's solution predicts individual behavior and preferences to provide recommendations, create a better shopping experience, and help product and content discovery.
Key facts about Yusp
- Founded Year: 2009
- Location: Budapest (Hungary)
- Stage: Acquired
- Employee Count: 44 as on Sep 30, 2026
- Investors: Portfolion, Europa and 1 Other
- Latest Funding Round: Grant (prize money), Nov 01, 2016, $*****
- Highlight: Acquired
Platform providing motion-based user analytics for marketing and advertising. The platform uses a proprietary algorithm to decode personality types and emotional states by analyzing cursor movements made by users while browsing. It offers features such as electronic signatures, biometric user authentication, and movement analysis to predict behavior and health conditions using cursor movement, typing, or biosensor data.
Key facts about Cursor Insight
- Founded Year: 2013
- Location: London (United Kingdom)
- Stage: Seed
- Total Funding till date: $603K
- Employee Count: 21 as on Sep 30, 2026
- Investors: Portfolion, Startup Wise Guys and 6 Others
- Latest Funding Round: Seed, Feb 19, 2021, $*****
- Highlight: Editors' Pick
5. Hackrate
HACKRATE is a provider of a cloud-based vulnerability identification platform. The product offers a bug bounty platform that reports vulnerabilities. The features of the product include testing and reporting, preparation, risk remediation, single trusted view, etc.
Key facts about Hackrate
- Founded Year: 2019
- Location: Budapest (Hungary)
- Stage: Funding Raised
- Employee Count: 12 as on Sep 30, 2026
- Investors: Hiventures and OXO Labs
OXO Labs' Year-on-Year Investment Trends
OXO Labs has invested in 37 companies over the last 11 years, with an average of 1 new investment annually in the last 10 years. As of Feb 2026, it has made 1 investment in this year. Its most recent first time investment was in Giggle and most recent follow-on round was in Jingle.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 0 | 1 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 5 | 0 | 5 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
OXO Labs' Investments by Stage
OXO Labs has made 9 investments in Seed stage with an average round size of $148K.OXO Labs' Investments by Sector
OXO Labs has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Media & Entertainment, Vertical SaaS and Environment Tech. Notably, it has invested in 28 Tech companies, 18 Enterprise (B2B) companies, 18 Software companies and at least 17 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
Consumer | 3 |
Media & Entertainment | 3 |
Vertical SaaS | 2 |
Environment Tech | 1 |
Others | 6 |
Note: We have considered here, only first round of investments
OXO Labs' Investments by Geography
OXO Labs has made most investments in Hungary (8), followed by United States where it has made 1 investment.Country | No. of Investments |
|---|---|
Hungary | 8 |
United States | 1 |
Note: We have considered here, only first round of investments
OXO Labs' recent investments
OXO Labs has made 1 investments in 2026 so far - Giggle.Here are the most recent investments by OXO Labs:
Date | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Feb 19, 2026 | Hungary | Seed | 6677 | - | |
Apr 17, 2023 | Hungary | Seed | 2991 | - | |
Apr 17, 2023 | Hungary | Seed | 9279 | - | |
Apr 17, 2023 | Hungary | Seed | 9105 | - | |
Apr 17, 2023 | Hungary | Seed | 5286 | - |
Acquired companies in OXO Labs' Portfolio
1 company from OXO Labs' portfolio has been acquired. The most recent acquisition was Yusp in May 2022 by Taboola for $*****.Here are OXO Labs' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 26, 2022 | - | - | 6838 |
Team profile of OXO Labs
OXO Labs has a team of 3 members including 1 Partner and 1 Principal located in Netherlands and Hungary. OXO Labs' team does not sit on the board of any company as of now.Recent News related to OXO Labs
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Giggle Secures New Funding To Grow Flexible Staffing PlatformStartup Rise EU•Feb 20, 2026•Giggle, NXT Ventures, OXO Labs
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EIF and OXO Group Set Up €50M Tech Fund to Support Startups in the CEE RegionFinSMEs•Jul 28, 2017•OXO Labs, European Investment Fund
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Austrian startup Locca wins at the first CEE Lift Off! competition » Silicon GoulashSilicon Goulash•Apr 09, 2015•Jingle, OXO Labs