Commsignia has opened a new office in Detroit, to provide their customers top class support. The interest in V2X technology is undiminished, more than 200 automotive specialist attended their demo at TU-Automotive Detroit 2017. The success of the Hungarian team is indicated by the fact that the DENSO research and development team has acknowledged that this…

Commsignia, developer of a technology for communication between vehicles and their environment, called “Vehicle-to-Everything” (V2X) communication, has successfully raised a second round of investment. The performance and future growth potential of the company has persuaded Day One Capital and Credo Ventures. The company will utilize the received capital to scale up the team and expand…

The Hungarian Private Equity and Venture Capital Association (HVCA) celebrated its 25th anniversary, feautring six startup companies that received their first round of funding from the JEREMIE-program and became success stories. Completing the line of IVM, Pannon Tyre Recycling, Gremon Systems, Norma Diagnosztika and Humeltis as successful hungarian innovative ventures, Commsignia shared its experience as…

PBG FMC joined EBAN, the European Business Angel Network in september. The organization provides international networking opportunities and supports cross-border syndications and co-investments. EBAN is present in 50 countries with more than 150 local networks. By joining the organization, PBG FMC joined a remarkably active community, that allows regular knowledge sharing and relationship building. For…

The cars of the future will largely communicate with each other and with travel assistance systems. The Budapest University of Technology and Economics (BME) joined forces with Commsignia Ltd with the help of an investment from venture capital fund manager PBG FMC Ltd in founding a research centre in order to help promising developments. BME…

PBG FMC participated at the first conference arranged by the European Social Enterprise Law Association on 17th June 2016 to get a deeper knowledge of the legal framework and future trends. The event was suitable for networking, too. The lectures focused on the legal technicalities of the social impact of these enterprises while casting light…

Hungarian startup opp.io, launched in 2014, an investment of PBG FMC Venture Capital Management Ltd., was shortlisted as the only Hungarian contender at the Startup Chile global business development forum from as many as 1900 startups. Opp.io is a communication protocol that merges mail service with task and project management. Businesses that build their corporate workflow…

PBG FMC Venture Capital Fund Management Ltd. was approved as associate member of the European Venture Philanthropy Association (EVPA) in April 2016. Previously in March, EVPA representatives payed a visit to Hungary with the aim of strengthening their regional network and preparing for their networking and expert events. It is of special delight for us…

Representatives of Portus Buda Group Ltd’s daughter company, PBG FMC Venture Capital Fund Manager Ltd., travelled to the US in January 2016 to take part at the world’s largest electronics event CES (Consumer Electronics Show). The company was promoted by its manager Elemér Eszter to support the fund’s portfolio companies and to get a better…

At the start of the year, we kick off with a pioneering topic. In our first issue, we focus on the world of the startups, among others. Below is a compilation picked from computerworld.hu’s earlier articles. In March, we wrote about SongArc, a Hungarian music app, already downloaded by 1.6 million people worldwide, presented at…

A Hungarian startup presented an app at CES with the help of which everyone can create professional mixes. The programme scans the songs similar to each other using a complex algorhythm and we can pick the songs to be mixed. At one of the largest gadget fair of the world, CES, a Hungarian music player…

HSH Interaction Hungary Ltd., an investment company of PBG FMC Ltd., promotes and markets hungaricums (traditional Hungarian brands) putting them on an international level using professional tools in a welcoming atmosphere. HSH is responsible for the Babel Budapest fine dining restaurant brand. A distinguished event in late 2015, Babel’s head chef György Lőrincz was decorated…