Central and Japanese Europe’s entrepreneurial ecosystem is flourishing, and Hungary is quietly turning into one of many area’s most intriguing gamers within the innovation sport. Whereas it could not but rival the startup hubs of Western Europe, Hungary is steadily carving out a distinct segment, providing a robust basis of infrastructure, a rising pool of tech expertise, and investor-friendly insurance policies.
In keeping with the Hungarian Startup Report 2023, Hungary’s startup scene could also be smaller in scale in comparison with a few of its European counterparts, however the startups that do emerge are elevating the bar in sectors like knowledge analytics, synthetic intelligence, and cybersecurity. These sectors are driving the nation’s progress and placing Hungarian startups on the map as key contributors to Europe’s broader innovation panorama.
To make clear this evolving ecosystem, we’ve recognized 10 of probably the most promising startups based since 2020 which can be poised for breakthrough success. These firms will not be simply disrupting their industries—they’re reshaping perceptions of what Hungary’s startup scene can obtain whereas bolstering the nation’s repute as an rising innovation hotspot.
denxpert: Based in 2021, this cloud compliance software program supplier specialises in atmosphere, well being, security, and sustainability options for professionals. The platform streamlines compliance processes by providing options corresponding to knowledge assortment and reporting, serving to firms keep compliant with laws. Based mostly in Budapest, denxpert has efficiently secured €972k in funding.
DokiApp: Budapest-based DokiApp presents digital company well being programmes that embrace telemedicine providers. It gives staff with entry to consultations by way of video calls with specialists corresponding to docs, psychologists, dietitians, and physiotherapists. Its providers deal with selling psychological and bodily well-being, together with threat assessments, well being consultations, and personalised wellness plans. The aim is to cut back worker absenteeism, enhance productiveness, and guarantee a more healthy, extra engaged workforce. Based in 2020, the startup has raised €3 million to develop its attain and providers.
MEROVA Well being: This well being tech startup goals to create a diabetes care system that gives correct monitoring for high-risk sufferers. Based mostly in Budapest, this revolutionary firm is devoted to advancing private well being and residential healthcare options. By leveraging cutting-edge applied sciences, it seeks to supply accessible and environment friendly well being monitoring techniques that empower people to take management of their well-being. Since its founding in 2023, MEROVA Well being has raised €130k in funding.
Proofminder: Launched in 2021 and headquartered in Budapest, this disruptive farming platform makes use of AI and machine studying on the leaf stage to supply farmers insights that different options could overlook. By putting a digital “agronomist” subsequent to every plant, it gives correct crop monitoring, serving to to enhance agricultural practices. The platform is designed to boost farming effectivity and decision-making, making it a useful instrument for the agriculture and AgTech industries. With a complete funding of €440k, Proofminder goals to revolutionise how farming is managed.
Qneiform: Headquartered in Budapest, Qneiform focuses on bettering recruitment within the monetary providers business. Launched in 2022, it makes use of data-driven insights to assist recruiters and hiring firms streamline their hiring processes. The platform gives instruments that make hiring sooner and extra environment friendly whereas providing useful market insights. After elevating €750k in funding, Qneiform’s aim is to assist headhunters and recruitment groups work extra successfully through the use of automation and analytics to enhance decision-making.
Quino: Launched in 2023, this EdTech startup presents a studying enhancement instrument designed to make learning extra environment friendly. With options corresponding to automated summaries, semantic search, and quiz era, Quino helps college students and researchers examine sooner. Customers can add information to generate prompt summaries, ask questions on content material, and create examine supplies like studying playing cards. It additionally promotes collaborative studying by permitting customers to share notes and summaries. Based mostly in Székesfehérvár, Quino has secured €810k in funding.
Scoutlabs: This AgTech startup gives an AI-powered digital insect monitoring system that helps farmers detect pest stress early and take well timed motion. Its scalable and cost-effective digital traps convert conventional handbook monitoring into a totally automated course of, providing real-time knowledge and alerts to enhance pest administration. Based mostly in Budapest, Scoutlabs’ system is solar-powered, weatherproof, and outfitted with wi-fi connectivity for distant entry. Since its founding in 2022, the corporate has raised €2 million in funding.
SURVIOT: Headquartered in Hatvan, this civil engineering startup gives structural well being monitoring (SHM) options for infrastructure corresponding to buildings, bridges, and tunnels. Through the use of superior sensors and real-time knowledge evaluation, SURVIOT detects injury and security dangers, serving to engineers handle points early, enhance security, and cut back upkeep prices. Based in 2022, and with €600k in funding, SURVIOT helps development and upkeep initiatives to make sure safer and longer-lasting infrastructure.
Vizzu: Based in 2021, this knowledge visualisation startup transforms knowledge into animated visible tales that make advanced data extra partaking. Whether or not presenting a report or analysing traits, Vizzu turns dry numbers into dynamic narratives which can be simple to observe. Based mostly in Budapest, Vizzu has secured €1.8 million in funding to advance its mission of creating animated knowledge displays extra accessible.
Voovo: Launched in 2022, this EdTech startup helps college students be taught extra successfully with personalised flashcards and quizzes. Voovo focuses on serving to college students retain data by repeating key factors over time. The app tracks progress and adjusts to the coed’s wants, making certain they deal with areas that want enchancment. Headquartered in Budapest, the startup has secured €500k to make learning extra environment friendly and impactful.
By the way in which: Should you’re a company or investor searching for thrilling startups in a particular marketplace for a possible funding or acquisition, take a look at our Startup Sourcing Service!
