Turbine AI
Location: Hungary, Central Hungary, Budapest
Employees: 11-50
Total raised: $59.24M
Founded date: 2015
Founders Related Locations: Hungary, Central Hungary, Budapest
Investors 6
| Date | Name | Website |
| - | o2h ventur... | o2hventure... |
| - | Atlantic L... | atlanticla... |
| - | XTX Ventur... | xtxmarkets... |
| - | MassMutual... | massmutual... |
| - | Delin Vent... | delinventu... |
| - | Atlantic I... | atlanticin... |
Funding Rounds 4
| Date | Series | Amount | Investors |
| 20.06.2023 | Series A | $27.87M | MassMutual... |
| 02.12.2022 | Series A | $21.08M | Delin Vent... |
| 07.01.2021 | Series A | $6.99M | - |
| 13.11.2019 | Seed | $3.3M | - |
Persons 1
| Date | First Name | Last Name | Title | |||
| - | - | - | CEO, co-fo... | linkedin.c... | - | - |
Mentions in press and media 23
| Date | Title | Description |
| 26.09.2024 | The Hungarian tech surge: Where global investments meet local expertise | The Hungarian technology ecosystem is experiencing rapid growth and development, showcasing a wealth of strengths. The country is home to several mature tech companies, while an increasing number of tech firms are attracting investment from... |
| 17.05.2024 | Turbine Receives Investment from Accenture | Turbine, a Budapest, Hungary-based predictive simulation company that is building a platform for interpreting human biology, received an investment from Accenture (NYSE: ACN), through Accenture Ventures. The amount of the deal was not discl... |
| 16.05.2024 | Accenture Backs Turbine’s AI-Powered Platform to Accelerate Drug Discovery | What You Should Know: – Accenture Ventures, the venture capital arm of Accenture, has announced a strategic investment in Turbine, a company pioneering the use of predictive cell simulations for drug development. – The investment aims to em... |
| 22.08.2023 | Innovation Map: Top AI startups in Europe’s V4 AI Startups in Central Europe | Artificial intelligence (AI) stands as a primary catalyst for global technological advancement today, permeating various aspects of our lives, from personal assistants and advanced medical diagnostics to automated work processes and enhance... |
| 03.07.2023 | Top 5 Largest Funding Rounds in Hungary in H1 2023 | Hungary ~ Company: Like other CEE countries, Hungary is affected by the global decline of venture capital funding. In Q1 2023, seed investments in Europe declined significantly by 25%. While early-stage funding experienced a relatively smal... |
| 20.06.2023 | Hungarian biotech Turbine raises €25.5M in Series A funding round | Hungarian biotech Turbine raises €25.5M in Series A funding round 20 June, 2023, 14:10 Rostyslav Sobachynskyi --> --> --> -->--> --> --> --> --> --> --> --> --> Budapest-based biotechnology company ... |
| 20.06.2023 | Turbine Raises €5.5M in Addiditional Series A | Turbine, a London, UK-based company that uses cell simulations to guide biopharma R&D, raised additional €5.5M in Additional Series A funding. The round, which brought the total amount to €25.5M, was led by MassMutual Ventures (MMV). Th... |
| 28.02.2023 | Innovation Cities in CEE: Top Startups From Budapest to Keep an Eye On | Budapest, Hungary ~ Budapest, the capital city of Hungary, is becoming increasingly popular not only for its beautiful architecture and cultural scene. The city is also turning into a destination for the innovation and technology community,... |
| 24.02.2023 | Mapping: 60+ AI Startups in the European V4 Region AI Startups in Central Europe | Czech Republic, Hungary, Poland, Slovakia ~ Artificial intelligence represents one of the main drivers of global technology development today. From personal assistants, enhanced medical diagnostics, and automated processes at work to an imp... |
| 02.12.2022 | Hungarian-founded biotech startup Turbine raises €20M in series A round | Hungarian-founded biotech startup Turbine raises €20M in series A round 02 December, 2022, 09:54 Mariia Denysiuk --> --> --> -->--> --> --> --> --> --> --> --> --> The London-based company that deve... |
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