IdeaPool, a Hungarian firm specialized in intelligent packaging and shelf-life indicators has received a capital infusion of USD 200k (HUF 46m) from Colabs StartUp Accelerator. Their product indicates the quality of the milk even in unopened packages.
IdeaPool is a young innovation technology startup from Budapest, Hungary. The founders, Viktor Seres and Zsuzsanna Galambos, created IdeaPool as a legal entity in 2011, after several years of experimenting and winnig of the first prize and HUF 3 million of The Young Entrepreneur of the Future competition, organised by Dreher Breweries.
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From an overwhelming 125 applicants, six got the chance to present their projects at Colabs' Demo Day on May 30, showing off the many sides of the Hungarian startup ecosystem.
As a closing event of the Colabs seed incubation program, Demo Day aimed to present what can be achieved in three months' time with a bunch of enthusiastic people and their ideas waiting to become a reality. From mobile apps to manufacturing, 125 startups applied and six of them were selected for further elaboration of their projects. Colabs took upon itself the money hunting and the selection process, provided the seven mentors for the 15-week seed program and the seven investors to pitch the projects to on the Demo Day. By the time the presenters stepped on the podium, they also gathered a total of HUF 100 million seed capital. Read more »
