iCatapult: a new business accelerator funded by Primus Capital
Hungarian venture capital fund Primus Capital announced its ninth investment. This time rather unusually it is not another technology startup, rather a business development company with the name iCatapult. Its goal is to promote local technology teams to global markets and put them on growth track.Hungarian venture capital fund Primus Capital provided HUF 400 million funding for the establishment of iCatapult, a technology accelerator and business development company focusing on taking European technologies to global markets, primarily to the USA. The program, as well as the company will be led by former advisors of the venture capital fund Imre Hild and Peter Krajcsovics, while the technical knowhow comes from Digital Natives, represented by Kristof Bardos.Read more »