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Key people at Solus Capital.
Solus Capital functions as a venture capital fund manager, accelerating the development of early-stage, growth, and mature companies. The firm provides capital investments, strategic advisory, and leverages portfolio synergies. It manages specific funds, including Solus I, which targets innovative SMEs, and Solus II, focusing on micro and digital-centric enterprises within the Hungarian market.
Abel Galacz established Solus Capital in 2018, based on the critical need for capital and strategic support within Hungary's evolving startup ecosystem. Its foundation aims to foster innovation and growth, often through co-financed programs. Association with the MKB Group also provides portfolio companies access to a valuable business network and potential client bases.
Solus Capital primarily serves innovative Hungarian startups and scale-ups, along with digital businesses seeking financial backing and strategic guidance. Its vision is to maximize portfolio business potential, moving beyond investment to offer comprehensive development support. The firm strives to cultivate a thriving ecosystem, positioning investees for sustained success.
Key people at Solus Capital.
Solus Capital has 1 tracked investment across 1 company. The latest tracked deal is $150.0M Series B in Septerna in July 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Jul 1, 2023 | Septerna | $150.0M Series B | Jake Simson | Samsara BioCapital, Sanofi Ventures, Third Rock Ventures, BVF Partners, Casdin Capital, Catalio Capital, Deep Track Capital, Driehaus Capital Management, Goldman Sachs, Invus, Logos Capital, Mirae Asset, Vertex Ventures HC, Woodline Partners |