Impact Ventures Hungary

Impact Ventures Hungary is a specialist fund manager that focuses on Impact Investments, supporting and investing in high-growth social SMEs in Europe. Their mission is to catalyze social impact by addressing areas such as social inclusion, education, employment, health, and environmental sustainability. They aim to drive positive change in the region by leveraging their expertise and resources to support impactful businesses.

Gergely Ivancsics

Founder and Senior Investment Manager

Past deals in Hungary

Proofminder

Funding Round in 2023
Proofminder is a pioneering company that has developed a leaf-level farming platform designed to enhance precision agriculture. Established in 2021, the company integrates artificial intelligence and visual data to provide micro-level actionable insights on every leaf and plant, thereby aiding growers in achieving sustainable production goals. The platform offers a wide array of features, including plant monitoring, disease detection, crop assessment, flower detection, and weather damage analysis, enabling field crop and vegetable producers to optimize their operations throughout the growing season. By partnering with drone service providers and other key players in the agroindustry, Proofminder aims to create a seamless experience for growers, whether they are involved in seed production, orchards, or various types of crops. Recognized for its innovative approach, Proofminder was awarded "Most Innovative Agri Startup of 2021" by the Hungarian Chamber of Agriculture and has been shortlisted as one of the top three agri innovations globally in 2021 and 2022. The company's mission is to contribute to a more sustainable, innovative, and profitable future for the agroindustry, regardless of environmental changes.

Green Fox Academy

Venture Round in 2020
Green Fox Academy is a coding boot camp located in Budapest that specializes in transforming non-programmers into junior programmers within four months. The academy offers courses in Software Development and Hardware Programming, utilizing a mentor-based teaching approach that emphasizes both technical skills and soft skills. With a focus on collaboration with the job market, Green Fox Academy assists graduates in securing their first positions through partnerships with various IT companies, boasting a 98% employment rate for its alumni. The curriculum is adaptable to meet industry demands, supported by a team that includes full-time psychologists to enhance student well-being. The academy also plans to expand internationally and introduce additional courses, aiming to bridge the gap between a growing need for IT talent and individuals seeking career opportunities in technology.
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