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OXO Labs Ltd.

Europe, Budapest, Hungary, Budapest

Description

OXO Labs Ltd., operating primarily as OXO Ventures for its investment activities, is a prominent Hungarian venture capital firm and accelerator based in Budapest. Established with a core mission to identify and nurture early-stage startups, OXO Labs focuses predominantly on companies emerging from the Central and Eastern European (CEE) region. Its strategic aim is to empower these promising ventures to transcend local markets and achieve global scalability, leveraging a comprehensive support system that extends beyond mere capital injection.

The firm specializes in pre-seed and seed-stage funding, providing crucial initial capital to nascent companies. OXO Ventures typically deploys first checks ranging from $50,000 to $200,000, tailored to support the foundational development and early growth phases of its portfolio companies. Beyond financial backing, OXO Labs offers extensive mentorship, strategic guidance, and access to a robust network of industry experts, potential partners, and follow-on investors, which is vital for startups navigating the complexities of international expansion.

With a significant footprint in the CEE startup ecosystem, OXO Ventures has demonstrated a consistent commitment to fostering innovation. As of recent data, the firm has made approximately 69 investments across various sectors, underscoring its active role in the regional venture landscape. While initial investments are focused on early-stage needs, OXO Ventures also has the capacity to provide substantial follow-on funding, with potential investments reaching up to €1 million (approximately $1.08 million) for companies demonstrating strong progress and market traction. This tiered investment approach allows OXO Labs to support its portfolio companies through multiple growth stages, reinforcing their journey towards becoming global players.

Investor Profile

OXO Labs Ltd. has backed more than 21 startups, with 0 new investments in the last 12 months alone. The firm has led 2 rounds, about 10% of its total and boasts 2 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in Hungary, United States, United Kingdom.
  • Strong thematic focus on Information Technology, Video Games, Software.
  • Typical check size: $50K – $200K.

Stage Focus

  • Seed (71%)
  • Pre Seed (14%)
  • Series A (10%)
  • Convertible Note (5%)

Country Focus

  • Hungary (81%)
  • United States (10%)
  • United Kingdom (5%)

Industry Focus

  • Information Technology
  • Video Games
  • Software
  • Security
  • Education
  • Web Hosting
  • Esports
  • Gaming
  • Machine Learning
  • Sports
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does OXO Labs Ltd. frequently co-invest with?

SC
Europe, Budapest, Hungary, Budapest
Co-Investments: 1
Oktogon Ventures
Europe, Budapest, Hungary, Budapest
Co-Investments: 1
Bonitás Ventures
Europe, Budapest, Hungary, Budapest
Co-Investments: 1
OC
Europe, Budapest, Hungary, Budapest
Co-Investments: 1
Hiventures
Europe, Budapest, Hungary, Budapest
Co-Investments: 4
Lead Ventures
Europe, Budapest, Hungary, Budapest
Co-Investments: 1
OXO Technologies Holding
North America, Illinois, United States, South Holland
Co-Investments: 7
iEurope Capital
North America, New York, United States, New York
Co-Investments: 1
Baconsult
Europe, Budapest, Hungary, Budapest
Co-Investments: 1

Which angels does OXO Labs Ltd. often collaborate with?

BS
Europe, Budapest, Hungary, Budapest
Shared Deals: 1

What are some of recent deals done by OXO Labs Ltd.?

Hackrate

Budapest, Budapest, Hungary

An ethical hacking platform, which helps the companies to reduce cybersecurity risks by using the power of a global hacker community.

Cyber SecurityInformation TechnologySecurity
Pre SeedDec 7, 2020
Amount Raised: $50,000
BitNinja.io

City Of London, England, United Kingdom

Providing server security services worldwide

Cloud SecurityCyber SecurityFraud DetectionNetwork SecuritySecuritySoftwareWeb Hosting
Series AOct 4, 2020
Amount Raised: $2,500,000
Omnicoach

Budapest, Budapest, Hungary

Omnicoach is designed to be the most practical AI Coach for esport games.

EducationeSportsGamingInformation TechnologyMachine LearningSportsVideo Games
SeedJun 24, 2020
Amount Raised: $1,451,243
Gameway

Tigard, Oregon, United States

Gameway offers a video game lounge that brings entertainment to airports.

Digital EntertainmentTravelVideo Games
SeedJun 14, 2019
Amount Raised: $572,060
Agroninja

Csongrád, Csongrad, Hungary

Agroninja offers a cost effective, secure and stressless solution for cattle weight measurement.

Health CareInformation TechnologySecurity
SeedApr 26, 2019
Amount Raised: $179,607
Blue Colibri

Budapest, Budapest, Hungary

Blue Colibri put the whole employee lifecycle in the pocket of employees with mobile platform which supports internal communication.

Human ResourcesInternet of ThingsiOSMessagingSoftware
SeedMar 21, 2019
Amount Raised: $227,482
ff.next (previously Family Finances)

Budapest, Budapest, Hungary

Design-driven mobile banking apps for banks with a special focus on younger customers including boxed solutions & E2E product development.

EducationFinanceFinancial ServicesFinTechInformation TechnologyPaymentsPersonal FinanceSoftware
SeedFeb 22, 2019
Amount Raised: $623,562
Omnicoach

Budapest, Budapest, Hungary

Omnicoach is designed to be the most practical AI Coach for esport games.

EducationeSportsGamingInformation TechnologyMachine LearningSportsVideo Games
SeedFeb 18, 2019

mySec Cloud is a hosting platform.

Cloud ComputingWeb Hosting
SeedJan 1, 2019
GRID Entertainment

Budapest, Budapest, Hungary

Hyper Reality Escape Rooms

Digital EntertainmentInformation TechnologyVideo GamesVirtual Reality
Pre SeedDec 5, 2018