About Deep Tech sector in Hungary
The Deep Tech sector in Hungary comprises 172 companies, including 60 funded companies having collectively raised $170M in venture capital money and private equity. Out of these, 14 are Series A+ funded.
Deep Tech sector in Hungary has seen 4 acquisitions and 3 IPOs.
This sector includes companies that are developing products based on innovative technology and scientific developments such as blockchain, AI, advanced robotics, IoT , etc.
Includes companies implementing technologies like blockchain, artificial intelligence, computer vision, robotics, nanotechnology, IoT into their products. Also includes companies providing infrastructure to develop blockchain, AI, IoT technology such as development tools, smart contracts, and sensor technology, among others. Excludes companies developing products of conventional technology (Shallow Tech) such as conventional digital platforms, conventional robotics in industrial automation, among others.
Top Deep Tech Companies in Hungary
There are 172 Deep Tech startups in Hungary which include AImotive, Turbine, Parkl, Omixon, SignAll. Out of these, 60 startups are funded, with 14 having secured Series A+ funding.
Over the past 10 years, an average of 8 new companies have been launched annually.
Here is the list of top Deep Tech startups in Hungary
1. AImotive
AImotive offers AI-enabled solutions for self-driving cars. It develops software and simulation tools for self-driving cars. It offers products like AIdrive offers a full-stack software solution for autonomous cars with perception and sensor fusion technologies. AIsim offers a simulation suite for autonomous cars. AIware offers acceleration chipsets for autonomous cars.
Key facts about AImotive
- Founded Year: 2015
- Location: Budapest (Hungary)
- Stage: Acquired
- Total Funding till date: $88.8M
- Investors: Prime Ventures, B Capital and 13 Others
- Latest Funding Round: Grant (prize money), Oct 31, 2023, $*****
- Tracxn Score: 61/100 What is this?
- Competitors Rank: 12 of 202 Competitors
2. Turbine
Provider of an AI based cancer therapy management software for researchers and doctors. Turbine's Simulated Cell is made of a network, including proteins and their physical and conditional relations. It can be customized with multiple OMICS layers to simulate any cancer type. The model is further treated with all likely treatment combinations in silico with the help of AI algorithms to find the optimal drug combination.
Key facts about Turbine
- Founded Year: 2015
- Location: Budapest (Hungary)
- Stage: Series A
- Total Funding till date: $36.7M
- Investors: Accel, MassMutual Ventures and 15 Others
- Latest Funding Round: Series A, May 16, 2024, $*****
- Tracxn Score: 57/100 What is this?
- Competitors Rank: 85 of 949 Competitors
3. Parkl
Online platform to book charging and parking spots. The platform enables users to search, reserve & book the parking spot of their choice. Users can book on-street and off-street parking spots by paying over the app. The app sends push notifications about the events related to parking spots. Also, users can find electric charging points on the application’s map. Available for download from App Store and Play Store.
Key facts about Parkl
- Founded Year: 2016
- Location: Budapest (Hungary)
- Stage: Series A
- Total Funding till date: $4.34M
- Investors: Lead Ventures
- Latest Funding Round: Series A, May 16, 2024, $*****
- Tracxn Score: 45/100 What is this?
- Competitors Rank: 1 of 9 Competitors
4. Omixon
Omixon commercializes disruptive innovations specializing in targeted applications for Next Generation Sequencing (NGS). The Omixon Holotype HLA (Human leukocyte antigen) product combines a targeted HLA Assay and the Omixon HLA Twin software to deliver the accurate high-resolution HLA genotyping. Omixon maintains an active grant-funded research program and assists scientists and clinicians to analyze the genomic regions including HLA, KIR, and ABO.
Key facts about Omixon
- Founded Year: 2009
- Location: Budapest (Hungary)
- Stage: Acquired
- Investors: Euroventures and Colabs
- Tracxn Score: 39/100 What is this?
- Competitors Rank: 102 of 1,077 Competitors
5. SignAll
Developer of AI-based sign language translation solution for deaf and hard of hearing communities. The technology is built using AI and computer vision to recognize and translate sign language It utilizes three webcams, a depth sensor, and a PC. The depth sensor is placed in front of the sign language user at chest height and the cameras are placed around them allowing the shape and the path of the hands and gestures to be tracked continuously. The PC syncs up and processes the images in real-time, which are then transformed into grammatically correct, fully formed sentences by a natural language processing module.
Key facts about SignAll
- Founded Year: 2016
- Location: Budapest (Hungary)
- Stage: Seed
- Total Funding till date: $3.63M
- Investors: Credo Ventures, ConorFund and 3 Others
- Latest Funding Round: Seed, Jul 11, 2019, $*****
- Tracxn Score: 39/100 What is this?
- Competitors Rank: 21 of 177 Competitors
Companies founded year-on-year in the Deep Tech sector in Hungary
19 Deep Tech startups in Hungary were founded in 2017 - this is the most number of startups founded in any year in the last 10 years.
- Total Number of Companies
Year | No. of companies |
|---|---|
2025 | 1 |
2024 | 3 |
2023 | 3 |
2022 | 5 |
2021 | 7 |
2020 | 9 |
2019 | 10 |
2018 | 13 |
2017 | 19 |
2016 | 15 |
Stage-wise distribution of Deep Tech sector companies in Hungary
Out of the total 172 Deep Tech companies in Hungary, 60 have secured funding. Among them, 14 have reached Series A or higher, and 8 to Series B or beyond.
Founded - 172
Funded - 60
Series A+ - 14
Series B+ - 8
Series C+ - 7
Company Stage | No. of companies |
|---|---|
Founded | 172 |
Funded | 60 |
Series A+ | 14 |
Series B+ | 8 |
Series C+ | 7 |
Let us walk you through our Sectors and other offerings
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Designed with precision for VCs, PE, IBs, Incubators, M&A, Innovation more
Funding Trends in the Deep Tech sector in Hungary
Total funding year-on-year in the Deep Tech sector in Hungary
The Deep Tech sector in Hungary saw a total funding of more than $164M in the last 10 years. The most amount of funding was in 2018 at more than $60.5M.
- Total Funding
Year | Total Funding |
|---|---|
2025 | $2.87M |
2024 | $5.2M |
2023 | $19.8M |
2022 | $20.6M |
2021 | $9.55M |
2020 | $23.6M |
2019 | $11.7M |
2018 | $60.5M |
2017 | $2.45M |
Recent Funding Rounds in Deep Tech in Hungary
In the year 2025, till March 2025, Deep Tech companies in Hungary have raised $2.87M in equity funding across 2 rounds.
Here are some recent, important funding rounds in Deep Tech companies in Hungary:
Company | Round Raised | Amount Raised | Funding Date | Investors |
|---|---|---|---|---|
Seed | 4403 | Mar 13, 2025 | ||
Seed | 9071 | Jan 30, 2025 | ||
Seed | 1041 | 2024 | - | |
Series A | 3615 | May 16, 2024 | ||
Series A | 9960 | May 16, 2024 |
Top Investors in Deep Tech in Hungary
Liberty Global is the top investor in Deep Tech companies in Hungary based on number of companies invested.
Here are some top investors in Deep Tech companies in Hungary:
Investor | Location | Top Portfolio Companies |
|---|---|---|
London (United Kingdom) | - | |
Budapest (Hungary) | ||
Budapest (Hungary) | ||
Budapest (Hungary) | - | |
Esztergom (Hungary) | - |
M&A activity in Deep Tech sector in Hungary
In the year 2024, till November 2024, 2 acquisitions happened in Deep Tech sector in Hungary.
Here are some recent, important acquisitions in Deep Tech sector in Hungary:
Company | Acquisition Type | Acquisition Date | Acquirers |
|---|---|---|---|
Business Acquisition | Nov 02, 2024 | ||
Business Acquisition | Mar 04, 2024 | ||
Business Acquisition | Nov 17, 2022 | ||
Business Acquisition | Sep 09, 2021 |
Acquisition trends in Deep Tech sector in Hungary
Here are the acquisition trends in Deep Tech sector in Hungary:
- Total Number of Acquisitions
Year | No. of companies |
|---|---|
2026 | - |
2025 | - |
2024 | 2 |
2023 | - |
2022 | 1 |
2021 | 1 |
2020 | - |
2019 | - |
2018 | - |
2017 | - |
Top News in Deep Tech in Hungary
•
AiMotive and LG to Unveil Integrated IVI/ADAS Controller at CES 2026WebDisclosure•Dec 18, 2025•AImotive, LG
•
Turbine Launches the World’s First Virtual Lab Using Cell SimulationsBusiness Wire•Apr 24, 2025•Turbine
•
•
Turbine Achieves Key Milestone in Collaboration with Ono PharmaceuticalBusiness Wire•Sep 12, 2024•Turbine, ONO PHARMACEUTICAL
•
•
Intelligent charging listed fundraising challenge MuskBamboo Works•Feb 16, 2024•Smart Charging app, Deutsche Bank
•
•
•
Turbine Appoints Pharma Industry Veteran Bob Silverman as Chief Business OfficerBusiness Wire•Sep 29, 2023•Turbine, Alloy Therapeutics
•
Stellantis Commits $11.2 Billion To Semiconductors Through 2030Carscoop•Jul 19, 2023•Stellantis, Infineon, AImotive
