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Hungary

Europe · Pop. 9.6M

A public taster of the full Hungary ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

$8.7B+43%
Combined startup EV
$119M
VC invested (last 12mo)
575
Tracked startups
#51/ 67
Unicorns per 1M people · world rank
🦄 Unicorns
1
1 live · +0 new in 2025 (incl. 0 new decacorns)
💎 Decacorns
0
🐎 Thoroughbreds
1
Top 1% growth · $500M+

Enterprise value · 2015–2025

Hungary grew 7.3× since 2015

Combined enterprise value of every tracked startup headquartered in Hungary that's still operating today — public and private companies combined, totalled by founding-year cohort.

0 $2.3B $4.5B $6.8B $9B Hungary · $8.7B 2015 2018 2021 2024 2025

Adjacent ecosystems by EV

Startup hubs

Inside Hungary: top 1 startup hubs

Sub-national ecosystems ranked by combined enterprise value, paired with their 5-year growth multiplier.

By enterprise value
1 Budapest $8.3B
By 5-yr EV growth
1 Budapest 6.1×

Startup funnel

Hungary's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
247
Seed
127
Series A
37
Series B
10
Series C
5
Unicorn
1

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

Notable companies

Top private companies in Hungary

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Unicorns $1B+ valuation 1
GoTo | LogMeIn
Thoroughbreds+ $100M+ revenue 1
GoTo | LogMeIn

Academia

Hungary's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Hungary.

University-linked startup formation
13
University spinouts
323
Total alumni-founded companies
262
Of which startups (<$15M raised)
48
Breakouts ($15M-100M)
13
Scaleups ($100M+)

Vs. similarly-sized ecosystems

How Hungary stacks up

Peers chosen from the same Europe cluster within ±70% of Hungary's combined EV. The scatter plots growth × current size for the wider continent — outliers in the upper-right are ecosystems compounding fastest.

Combined enterprise value
$29.7B
$21B
$18.1B
$15.3B
$14.5B
$13.9B
$12.9B
$10.8B
Hungary
$8.7B
EV growth (5-yr ×) vs current EV
peer median 5.5× 2.1× 21.3× 40.5× $8.7B $102B $1.2T EV growth (5yr ×) Combined enterprise value (log) United Kingdom France Germany Netherlands Sweden Switzerland Denmark Belgium Hungary

Top overview

Europe ecosystems — combined view

Top ecosystems in Europe ranked by combined EV. Hungary's row is highlighted.

# Ecosystem Combined EV 5-yr EV growth Unicorns VC invested Tracked startups
1 United Kingdom $1.2T 4.6× 211 $24.1B 20K
2 France $414B 5.6× 65 $8.4B 9,082
3 Germany $410B 4.0× 86 $8.3B 8,710
4 Netherlands $347B 2.7× 39 $3.2B 3,887
5 Sweden $286B 5.5× 56 $3.5B 3,215
6 Switzerland $214B 3.5× 47 $4.3B 3,003
7 Denmark $141B 4.3× 23 $1.8B 1,659
8 Belgium $106B 7.2× 12 $900.8M 1,871
9 Ireland $106B 4.9× 24 $1.2B 1,959
10 Spain $98.4B 5.4× 17 $3.4B 4,529
11 Finland $78.9B 3.9× 10 $2.2B 1,726
27 Hungary $8.7B 6.1× 1 $119M 575

Patent intelligence

Hungary startup IP portfolio: 834 patent families

Granted patent families assigned to startups headquartered in Hungary. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.

Granted patent families
834
Filed by tracked startups headquartered in the country.
87.2 patents per million residents · #35 globally
Top patenting hubs
1 Budapest 834

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Hungary dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Hungary's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Hungary's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Hungary's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Hungary's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Hungary
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Hungary
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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