Budapest, 2018 May 9, Wednesday – The first Angel Investment Day organised by the Hungarian Business Angel Network (Hunban) was held in Anker Klub with more than 220 participants.
“We are thrilled by the super positive feedbacks about the speakers and the pitching startups,” said Antal Károlyi, president of Hunban. “Our mission is to strengthen the angel investor community in Hungary and build a bridge between angel investors and startups. The success of the evening proved that it is possible and there is a need for it,” he added.
After the welcome remarks by Lénárd Horgos whose great energy was invested in the event and Antal Karolyi who mentioned some interesting facts about angel investment, we heard an impressive panel talk from three well-known angel investors, Davorin Štetner, president of the Croatian Angel Network, Zoltán Várdy, media and entertainment entrepreneur, and Niko Slavnič, board member of Business Angels of Slovania. We had an insider look at their motivations and expectations for investing in companies and startups.
Next, we had a look at the other side when three successful company founders/CEOs told us about how have their life changed when business angels got involved in their companies. Ernő Duda, founder of the recently exited Solvo, Attila Kecsmár, founder of Antavo and Jonathan Garber, founder of Bubbles Spritzer provided us with interesting and mind opening answers to the moderator Iván Gyurácz’s and the audience’s questions.
The AIMotive case study was presented by Csaba Kákosy, DayOne Capital partner who told us insightful lessons of this 40M USD round. AIMotive is a software platform that employs artificial intelligence to increase the efficiency of self-driving cars. DayOne invested in AIMotive in its early stage, now shared the table with international VCs.
JOHANN „HANSI” HANSMANN came fourth in line. We heard surprising and educational thoughts on how to select the right teams and make wise decisions. His involvement in 40+ investments and multimillion exits is an inestimable value for the next generation of business angels. We are proud to welcome him as an honorary Hunban member!
The startup pitching session began with Belfry.io (HU), then Modri Planet (SK), Janus.cloud (AUT), CoffeeCloud (HR) and Revealu (HU) followed. The jury included the most experienced investors from Hansi Hansmann and Kimmo Irpola (Trind Ventures) to Peter Kolesar (Neulogy) and Dénes Szluha (Hiventures).
Awards were decided both from the jury and the audience. The great partners and companies supported the event made sure the talented companies get useful help for their kick off:
– An EUR 7,000 worth Branding Workshop by Geometry Global
– Team building and beer tasting with Horizont Kraft Brewery
– An EUR 8,000 worth Reviewing of Transaction Documents by Bird & Bird Lawyer Office
– An EUR 3,000 worth Bitdefender endpoint and cloud security solution offered by Biztributor
– Tickets for the premiere of the movie ‘Angel Business’ by Zsuzsanna Gellér-Varga
Special Award: Microsoft Azure Cloud Credit USD25 000*
Tailor-made business development consultancy
*as part of Microsoft for Startups program, only if offered by the Startup Development Manager onsite
Thanks to everyone for coming. We are really looking forward to seeing you next time too!