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ADASWorks Closes 2.5M Series A Funding

ADASWorks, a Stuttgart, Germany-based developer of an integrated software framework for Advanced Driver Assistance Systems (ADAS) and autonomous cars, closed a 2.5m Series A...

Enbrite.ly Receives €500k As Winner of Slush

Enbrite.ly, a Hungary-based startup that aims to make online traffic sources as transparent as possible, received €500k in funding as the winner of Slush*...

Prezi Raises $57M in Funding

Prezi, a San Francisco, CA- and Budapest, Hungary-based presentation platform, raised $57m in funding. The round was led by Spectrum Equity, with participation from existing...

Mid Europa Partners Closes PE Fund at €800M

Mid Europa Partners, a private equity firm focused on buyouts in Central & Eastern Europe, recently held the final closing of Mid Europa Fund...

Organica Water Completes Series B Financing

Organica Water, a Budapest (Hungary)-based global provider of innovative solutions for the treatment and recycling of wastewater, completed its Series B financing. The amount was...

Prezi Closes $14M Series B Financing

Prezi, a Budapest, Hungary-based zooming presentation software, has closed a $14m Series B financing. The round was led by Accel Partners, with participation from existing...

Gravity Raises Nearly $2M in Funding

Gravity, a Budapest, Hungary-based recommendation systems developer, has raised nearly $2m in funding. The round was led by PortfoLion, the venture capital arm of OTP,...

in4 Ltd. Raises $550,000 in Series B Financing

in4, Ltd., a Budapest-based developer of a flexible database that contains semantic elements, entities, and their relations, called iGlue, completed a $550,000 Series B...

EBRD and CIB Bank boost financing to SMEs in Hungary

The European Bank for Reconstruction and Development (EBRD) agreed a €50m credit line to CIB Bank in order to increases the availability of financing...

EBRD and Intesa Sanpaolo Group, €100M to Support Small Businesses in Central and Eastern Europe

The European Bank for Reconstruction and Development (EBRD) and Intesa Sanpaolo Group are increasing the availability of financing to small and medium sized enterprises...

EBRD exits from AXA subsidiaries in central Europe

The European Bank for Reconstruction and Development (EBRD) has sold its minority share ownership in six life assurance and pensions companies in central and...

Hungary, EIB to Lend €100M to MKB Bank to Finance SMEs and Mid-Cap Companies

The European Investment Bank (EIB) is to lend €100m to MKB Bank Zrt. (MKB) to finance projects undertaken by small and medium-sized companies (SMEs)...

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