OXO Ventures

OXO Ventures is an accelerator and a venture capital firm in Hungary that focuses on technology driven projects at early or growth stage. Founded 2014 in Budapest, Hungary by Bence Makai, Dávid Pongrác, Peter Oszko, and Zoltan Katay, it invests in seed, series A, angel, pre-seed, and convertible notes. Its portfolio companies include Kontra Chess, Commsignia, Gameway, Agroninja, and Blue Colibri. As of April 2020, OXO Labs Ltd. has made 53 investments. Their most recent investment was on August 30, 2019, when Kontra Chess raised. OXO Labs Ltd. has had one exit, which was EXAME.com. OXO Ventures provides angel funding up to EUR 200,000 per projects in the form of equity or convertible note financing. The company facilitates syndicate funding with further co-investing angels and VCs from their network, up to a total of EUR 1 million per project.