Day One Capital has launched what it claims to be the first institutional angel fund in Hungary.
The new fund aims to tackle an oh-so-familiar problem faced by much of Europe: the lack of “seed money and management mentoring for innovative early-stage tech startups”, says Day One Capital investment manager Aurel Pasztor. The fund hopes to raise €2-4m and is targeting companies in the IT, telecommunications, energy, biotech and finance sectors with investments between €200-400k.
To read the full, original article click on this link: Day One Capital launches as Hungary’s “first institutional business angel fund”
Author:Steve O'Hear
