Top startups in Hungary
There are 11,462 startups in Hungary which include Bitrise, GreenGo, Turbine, Organica Water, BOOKR Class. Out of these, 2,329 startups are funded, with 48 having secured Series A+ funding, and 2 achieving unicorn status. Solar Energy ($708M) and Legal Services ($601M) are the top-funded sectors in Hungary, with over 158 companies, including MVM and Vertis. Budapest (648), Debrecen (39), and Szeged (26) are the top cities by number of startups hosted. In the last five years, 303 companies raised over $292M in funding across 345 rounds. Ominimo is the latest startup to join the Unicorn Club from Hungary.
Here is the list of top startups in Hungary
1. Bitrise
Provider of a platform for mobile continuous integration and delivery. The platform automates building, testing, and deployment for mobile applications. It offers build caching, release management, and insights to identify slowdowns. The platform provides fully managed hosting, self-hosted solutions, and build infrastructure.
Key facts about Bitrise
- Founded Year: 2015
- Location: Budapest (Hungary)
- Stage: Series C
- Total Funding till date: $100M
- Investors: OpenOcean, Insight Partners and 5 Others
- Latest Funding Round: Series C, Nov 23, 2021, $*****
- Tracxn Score: 62/100 What is this?
- Competitors Rank: 13 of 473 Competitors
2. GreenGo
GreenGo is an app-based electric car-sharing platform. Users can find and book their nearby available vehicles by using the mobile app. Users can navigate to the vehicle station and unlock the vehicle through the mobile. At the end of the ride, users can park the vehicle of their comfort. They are not restricted to leave the vehicle at the designated parking spaces. The mobile app is available for both Android and iOS devices.
Key facts about GreenGo
- Founded Year: 2000
- Location: Budapest (Hungary)
- Stage: Unfunded
- Tracxn Score: 60/100 What is this?
- Competitors Rank: 3 of 4 Competitors
3. 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 B
- Total Funding till date: $61.7M
- Investors: MassMutual Ventures, Delin Ventures and 20 Others
- Latest Funding Round: Series B, Feb 24, 2026, $*****
- Tracxn Score: 59/100 What is this?
- Competitors Rank: 66 of 949 Competitors
Provider of botanical garden style technology for wastewater treatment plants. This technology utilizes biological processes to treat wastewater within space efficient, landscaped environments. Services include the design of treatment facilities, the supply of key technology components, and the provision of instrumentation and control packages. Operational support is also offered to improve the efficiency and reliability of existing water treatment infrastructure regardless of the underlying technology used.
Key facts about Organica Water
5. BOOKR Class
Provider of app-based English language learning solutions for schools to teach students. The platform offers animated books, games, and flashcards that enable students to learn reading comprehension, vocabulary, grammar, pronunciation, and social-emotional skills. Additionally, it provides reading statistics, automatic exercise correction, book assignments, search engines, and more. Its app is available for Android and iOS devices.
Key facts about BOOKR Class
- Founded Year: 2018
- Location: Budapest (Hungary)
- Stage: Series A
- Total Funding till date: $7.12M
- Investors: 3TS Capital Partners, Nex.D and 4 Others
- Latest Funding Round: Series A, Aug 24, 2026, $*****
- Tracxn Score: 56/100 What is this?
- Competitors Rank: 1 of 38 Competitors
