Hungarian and US-based Interactive Venture Partners launches a new €50M fund

Interactive Venture Partners has announced the launch of its €50 million inaugural fund, Interactive Venture Partners Fund LP. It is supported by the family office of Thomas Peterffy and will provide capital to pre-seed, seed, and Series A startups founded in CEE.

• Interactive Venture Partners is a US-based fund and fund management company, complemented by a Budapest-based team. Interactive Venture Partners provides early-stage investments in companies across industries in CEE, preferring some technology-based differentiation.
• The initial capital commitment of the fund is €50 million. For now, the fund has already made 6 investments, two of which were already announced: Mitzu.io and Captiwate. The fund will announce further investments soon.

We offer entrepreneurs US family office style investing with founder-friendly terms, mentoring, a long-term view, quick decision making, deep financial capacity for follow-on funding (if appropriate), as well as an international network,

Laszlo Czirjak, Managing Partner, Interactive Venture Partners, stated.

• According to Interactive Venture Partners, it supports startups seeking to grow by gaining access to larger markets and to a broader network. Additionally, Interactive Venture Partners is an affiliate of the Interactive Brokers Group of Companies, and its managed fund is supported by entrepreneur Thomas Peterffy, founder and Chairman of Interactive Brokers Group, Inc. 

The team of Interactive Venture Partners also claims that their mission is to create entrepreneurial wealth in the region, encourage more serial entrepreneurship, attract more institutional investment, and thereby bolster and grow the CEE startup ecosystem.