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Venture Capital
euroventures.hu

Investments

31

Portfolio Exits

11

Funds

5

About Euroventures

Euroventures is an established and leading independent private equity and venture capital firms in Central Europe. The firm invests in private companies in exciting industries, with the goal of helping management teams build their businesses into great regional companies.

Headquarters Location

Mártonhegyi út 61/A

Budapest, H-1124,

Hungary

+36 1 309 7900

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Latest Euroventures News

Havel & Partners Advises Euroventures on Daytrip Series A Investment

Mar 17, 2022

Deal 5: Olympic Casino Group Baltija GC Monika Jakume on Defense Before Supreme Administrative Court of Lithuania Details Default Helvetica Segoe Georgia Times Share This Havel & Partners has advised lead investor Euroventures on a EUR 6.14 million series A investment round into Daytrip. Novalia reportedly advised Daytrip. The Euroventures-led investment round included J&T Ventures, Nation 1 VC, and Pale Fire Capital. "Daytrip plans to use the investment for its further growth," Havel & Partners informed. "The company has been operating since 2015. It offers tourists in destinations around the world an alternative to conventional modes of transport, and more than 300,000 people have already used its services." Daytrip is a global platform offering tourists private transport with local drivers in 85 countries. Euroventures is a Budapest-based venture capital firm investing in companies in the Central and Eastern European region. The Havel & Partners team included Partner Vaclav Audes and Associate Josef Bouchal. Czech Republic Knowledge Partner PRK Partners, one of the leading Central European law firms, has been helping clients achieve their business objectives almost 30 years. Our team of lawyers, based in our Prague, Ostrava, and Bratislava offices, has a unique knowledge of Czech and Slovak law and of the business environment. Our lawyers studied at top law schools in the United States, United Kingdom, Switzerland and elsewhere. They also have experience working for leading international and domestic law firms in a number of jurisdictions. We speak your language, too. Our legal team is fluent in more than 15 languages, including all the key languages of the region. PRK Partners has one of the most experienced legal teams on the market. We are consistently rated as one of the leading law firms in the region. We have received many significant honours and awards for our work. We represent the interests of international clients operating in the Czech Republic in an efficient way, combining local knowledge with an understanding of their global requirements in a business-friendly approach. We are one of the largest law firms in the Czech Republic and Slovakia. Our specialised teams of lawyers and tax advisors advise major global corporations as well as local companies. We provide comprehensive legal advice drawing on our profound knowledge of local law and markets. Our legal advice delivers tangible results – as proven by our strong track record. We are the only Czech member firm of Lex Mundi, the world's leading network of independent law firms. As one of the leading law firms in the region, we have received many national and international awards, in some cases several years in a row. Honours include the Chambers Europe Award for Excellence, The Lawyer and Czech and Slovak Law Firm of the Year. Thanks to our close cooperation with leading international law firms and strong local players, we can serve clients in multiple jurisdictions around the globe. Our strong network means that we can meet your needs, wherever you do business. PRK Partners has been repeatedly voted among the most socially responsible firms in the category of small and mid-sized firms and was awarded the bronze certificate at the annual TOP Responsible Firm of the Year Awards. Our work is not only “business”: we have participated on a longstanding basis in a wide variety of pro bono projects and supported our partners from the non-profit sector (Kaplicky Centre Endowment Fund, Tereza Maxová Foundation, Czech Donors Forum, etc. ).

Euroventures Investments

31 Investments

Euroventures has made 31 investments. Their latest investment was in Antavo as part of their Series A on November 11, 2022.

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Euroventures Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

11/9/2022

Series A

Antavo

$10.03M

Yes

4

5/31/2022

Seed VC

Hunch

$4.29M

Yes

2

2/23/2022

Series A

Daytrip

$6.94M

Yes

1

3/19/2021

Series A

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$99M

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10

2/24/2020

Seed VC

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$99M

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10

Date

11/9/2022

5/31/2022

2/23/2022

3/19/2021

2/24/2020

Round

Series A

Seed VC

Series A

Series A

Seed VC

Company

Antavo

Hunch

Daytrip

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Amount

$10.03M

$4.29M

$6.94M

$99M

$99M

New?

Yes

Yes

Yes

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Co-Investors

Sources

4

2

1

10

10

Euroventures Portfolio Exits

11 Portfolio Exits

Euroventures has 11 portfolio exits. Their latest portfolio exit was Tresorit on July 08, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

7/8/2021

Corporate Majority

$99M

6

11/16/2020

Acquired

$99M

1

5/16/2018

Acquired

$99M

2

8/9/2016

Acquired

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$99M

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10

5/11/2016

Acquired

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$99M

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10

Date

7/8/2021

11/16/2020

5/16/2018

8/9/2016

5/11/2016

Exit

Corporate Majority

Acquired

Acquired

Acquired

Acquired

Companies

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Valuation

$99M

$99M

$99M

$99M

$99M

Acquirer

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Sources

6

1

2

10

10

Euroventures Fund History

5 Fund Histories

Euroventures has 5 funds, including Euroventures IV Venture Capital Fund.

Closing Date

Fund

Fund Type

Status

Amount

Sources

9/30/2011

Euroventures IV Venture Capital Fund

Early-Stage Venture Capital

Closed

$37.35M

1

7/4/2005

Euroventures Hungary III

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$99M

10

6/15/2001

Euroventures Danube BV

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$99M

10

12/31/1998

ABN AMRO Private Equity Program

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$99M

10

12/31/1990

Euroventures Hungary BV

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$99M

10

Closing Date

9/30/2011

7/4/2005

6/15/2001

12/31/1998

12/31/1990

Fund

Euroventures IV Venture Capital Fund

Euroventures Hungary III

Euroventures Danube BV

ABN AMRO Private Equity Program

Euroventures Hungary BV

Fund Type

Early-Stage Venture Capital

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Status

Closed

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Amount

$37.35M

$99M

$99M

$99M

$99M

Sources

1

10

10

10

10

Euroventures Team

1 Team Member

Euroventures has 1 team member, including current Managing Partner, Andras Geszti.

Name

Work History

Title

Status

Andras Geszti

Managing Partner

Current

Name

Andras Geszti

Work History

Title

Managing Partner

Status

Current

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