Baconsult

Baconsult is a Budapest-based angel investment team founded in 2014 that focuses on supporting local tech startups. The firm invests its resources, including time, experience, and a robust network, to help these companies achieve significant growth and successful exits. Baconsult primarily targets startups in sectors such as digital education, human resource technology, eCommerce, and SaaS. The team emphasizes the importance of founders in driving their startups' success, offering mentorship and guidance without taking control or making decisions for them. Currently, Baconsult is not seeking new projects, as it is fully committed to its existing portfolio.
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Peter Balogh

Co-CEO

Past deals in Hungary

Gulyásbomba

Angel Round in 2019
Gulyásbomba, founded in 2017 and headquartered in Budapest, Hungary, specializes in offering roasted buns made from organic, preservative-free, and allergen-free ingredients. The business aims to blend traditional Hungarian cuisine with contemporary eating habits, providing customers with healthy street food options at affordable prices. By focusing on quality and sustainability, Gulyásbomba seeks to deliver delicious meals that honor Hungarian culinary traditions while appealing to modern dietary preferences.

Gulyásbomba

Pre Seed Round in 2019
Gulyásbomba, founded in 2017 and headquartered in Budapest, Hungary, specializes in offering roasted buns made from organic, preservative-free, and allergen-free ingredients. The business aims to blend traditional Hungarian cuisine with contemporary eating habits, providing customers with healthy street food options at affordable prices. By focusing on quality and sustainability, Gulyásbomba seeks to deliver delicious meals that honor Hungarian culinary traditions while appealing to modern dietary preferences.

CodeBerry Programming School

Funding Round in 2018
CodeBerry Programming School, founded in 2016 by András P. Tóth, Dávid Veszelovszki, László Békéssy, and Ádám Freisinger, is an online educational platform based in Budapest, Hungary, specializing in computer programming courses. The school provides a variety of web programming lessons, including HTML5, CSS3, JavaScript, Bootstrap, Node.js, and Git. CodeBerry's platform is designed to make coding accessible to individuals of all skill levels, offering lessons in their native language and featuring interactive assignments. This approach allows learners to acquire programming skills from scratch, even without prior experience.

Plukkido

Pre Seed Round in 2018
Plukkido, founded in 2013 by three renowned Hungarian designers, is a game studio specializing in creating playful motivational tools for families with children. The company designs outdoor parenting tools and interactive board games aimed at helping parents address common challenges such as defiant behavior, bedtime issues, sibling rivalry, and anger management. Plukkido's products are developed in-house and released under their own brand. The company has been recognized for its innovative approach, receiving a Certificate of Recognition from the Hungarian National Committee of the European Organization for Quality in 2014 for "Responsible Innovation" and in 2018 for "Startup".

Plukkido

Pre Seed Round in 2018
Plukkido, founded in 2013 by three renowned Hungarian designers, is a game studio specializing in creating playful motivational tools for families with children. The company designs outdoor parenting tools and interactive board games aimed at helping parents address common challenges such as defiant behavior, bedtime issues, sibling rivalry, and anger management. Plukkido's products are developed in-house and released under their own brand. The company has been recognized for its innovative approach, receiving a Certificate of Recognition from the Hungarian National Committee of the European Organization for Quality in 2014 for "Responsible Innovation" and in 2018 for "Startup".

Green Fox Academy

Angel Round in 2018
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.

Commsignia

Non Equity Assistance in 2016
Commsignia, established in 2012, specializes in developing and distributing cooperative intelligent transportation systems. Based in Budapest, Hungary, the company focuses on vehicle-to-vehicle and vehicle-to-infrastructure communication technologies, enabling cars to communicate with each other and with road infrastructure. Their key product, Commsignia V2X Software Stack, is an embedded solution that facilitates these communications on various platforms. Additionally, they offer a range of connected car solutions, including safety applications, a V2X simulator, on-board units, and roadside units. Commsignia's mission is to enhance traffic safety and efficiency by facilitating communication between vehicles, ultimately saving lives and improving traffic flow.
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