FastVentures

FastVentures is a prominent venture capital firm based in Budapest, Hungary, specializing in early-stage investments across Central and Eastern Europe. Established with its first fund in 2012, the firm has since grown to manage three distinct venture capital funds, including FastVentures Kockázati Tőkealap II (launched 2017) and FastVentures Kockázati Tőkealap III (launched 2022). This multi-fund structure underscores their sustained commitment to fostering innovation within the region.

The firm primarily targets seed and Series A rounds, focusing on high-growth technology companies. Their investment mandate spans a diverse range of sectors, including Information and Communication Technology (ICT), software, deep tech, artificial intelligence, Internet of Things (IoT), fintech, health tech, and e-commerce. FastVentures typically provides initial cheques ranging from EUR 200,000 to EUR 2,000,000, equivalent to approximately $216,000 to $2,160,000 based on current exchange rates, with a clear readiness for follow-on investments to support portfolio companies through subsequent growth stages.

With a robust portfolio that includes over 20 companies, FastVentures has established itself as a significant player in the Hungarian and CEE startup ecosystem. The firm actively manages funds totaling over EUR 60 million, or approximately $64.8 million, demonstrating substantial capital resources dedicated to its investment strategy. Beyond capital, FastVentures is known for its hands-on approach, providing strategic guidance, operational support, and access to their extensive network, aiming to accelerate the growth and success of their portfolio ventures. Notable past investments include successful exits like Bitrise and Tresorit, showcasing their ability to identify and nurture promising startups.