| Date | Title | Description |
| 27.02.2026 | AI Drug Discovery: Turbine Secures $25M to Revolutionize Biopharma with Virtual Biology | Turbine, the innovative virtual biology company based in Budapest, just secured $25 million in Series B funding. This significant capital infusion, spearheaded by Interactive Venture Partners and backed by Beiersdorf Venture Capital, accele... |
| 24.02.2026 | Turbine Raises $25M in Series B Funding | Turbine, a Budapest, Hungary-based virtual biology company, raised $25M in Series B funding.
The round was led by Interactive Venture Partners with participation from Beiersdorf Venture Capital.
The company intends to use the funds to expan... |
| 17.12.2025 | Accenture Fuels AI Revolution in Clinical Trials | Accenture invests in Ryght AI, leveraging agentic AI and digital twins to transform clinical trials. This strategic move targets inefficiencies in site selection and patient recruitment, aiming to accelerate drug development. It promises to... |
| 13.12.2025 | Accenture Invests In Ryght AI To Accelerate Agentic AI–Driven Clinical Research And Trial Execution | Accenture has made a strategic investment in Ryght AI, a platform provider focused on modernizing how clinical research is designed and executed across the life sciences industry, as enterprise demand for agentic AI continues to accelerate ... |
| 22.08.2025 | Why most AI drug discovery startups struggle — and how Turbine plans to beat the odds | Countless resources and time are expended globally to research and advance novel therapies that end in clinical failure and no patient benefit. Imagine a world where it is possible to predict any potential drug’s effect on translatable biol... |
| 01.05.2025 | Changes amidst challenges: Hungary’s tech ecosystem | Hungary’s tech ecosystem reflects a complex yet promising landscape shaped by global headwinds, regional resilience, and targeted national strategies.
Although startup funding stagnated in 2024, early-stage ventures demonstrated notable str... |
| 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... |
| 23.11.2022 | AI platform raises €20m to deliver targeted cancer treatment | Turbine – a London-based company with a cell simulation platform that can predict the effectiveness of cancer treatments – has completed a €20m Series A financing round. Mercia and MSD Global Health Innovation (GHI) Fund co-led the financin... |
| 22.11.2022 | Cancer drugs forecasting startup Turbine secures €20 million series A | Turbine, a London-based startup that's working on cell simulators to predict how patients might benefit from new targeted cancer treatments, has raised €20 million in new funding.
The round is billed as a series A and has attracted backing ... |
| 22.11.2022 | Turbine Raises €20M in Series A Financing | Turbine, a Budapest, Hungary-based company developing a cell behavior simulation platform, raised €20M in Series A funding.
The round was co-led by Mercia and MSD Global Health Innovation Fund, with participation from Day One Capital, Accel... |
| 28.04.2021 | Turbine strengthens R&D capabilities with key appointments | Turbine strengthens R&D capabilities with key appointments
28-04-2021
London, UK, Budapest, Hungary... Turbine, a company developing a cell behavior simulation platform to uncover targets for the most challenging cancers, today announce... |
| 08.01.2021 | This biotech startup just raised £5.15M to build the future of medicines with AI | Budapest-based private biotech company Turbine develops a simulation-based, AI-driven, scalable drug discovery platform. The company’s Simulated Cell unlocks novel therapies for high unmet oncology. Founded by Kristof Szalay, Daniel Veres, ... |
| 07.01.2021 | Turbine Raises €5.7M in Series A Funding | Turbine, a London, UK- and Budapest, Hungary-based company simulating cellular decision making to unlock novel oncology therapies, closed its €5.7m (USD 6.85m) pre-Series A funding round.
The round was led by new investor Accel and included... |
| 16.04.2020 | Стартап-экосистема Венгрии | Стартап-экосистема Венгрии |
| 16.04.2020 | The startup ecosystem of Hungary
General information
Startup infrastructure in Hungary
Famous startups
Financing
Conclusions | The startup ecosystem of Hungary |
| 13.11.2019 | Turbine Raises €3M in Seed Funding | Turbine, a Budapest, Hungary-based simulation-based drug discovery company, raised €3m in funding.
The round was led by Delin Ventures, with participation from follow-on angel investors such as Esther Dyson, Vishal Gulati and Atlantic Labs,... |
| 19.12.2018 | Today's Entrepreneur: Esther Dyson | It's amazing to be part of a team that works together and does so much more than any individual does
Today's entrepreneur is Esther Dyson.
In 2013 Esther co-founded Wellville - a national nonprofit project to demonstrate the value of invest... |
| 28.11.2018 | The Innovators Under 35 Europe 2018 | Technology to eliminate the waste of food, solar strips to regenerate burned skin faster and artificial intelligence that analyzes electrocardiograms as well as a real doctor, among the winning projects
The European community will meet on ... |
| - | Turbine | “Turbine AI” |
| - | Turbine | “Turbine is virtualizing biological experiments with AI to accelerate drug discovery and enhance clinical translatability.” |
| - | Turbine | - |
