The Széchenyi Tőkealap is investing 180 million forints in AppCellTech Kft., a biotechnology company specializing in enhancing cell viability for assisted reproduction, promising significant advancements in both animal and human reproductive technologies.
Target Information
The AppCellTech Kft. is a pioneering biotechnology firm focusing on the preconditioning of biological materials for assisted reproduction. With a groundbreaking technology that enhances cell viability through a controlled stress impulse before fertilization procedures, the company aims to significantly increase the success rate of fertilizations. This innovative method has already shown remarkable potential in animal breeding, with promising experimental results, and is poised for market introduction thanks to new funding.
Founded on Hungarian ideas, research and development, and protected by a suite of patents, AppCellTech is set to become a leader in this emerging field. The technology was initially developed by Pribenszky Csaba, the founder of Cryo-Innovation Kft., who first researched artificial insemination processes with a focus on advancements in methods and tools for documentation and analysis. Following a successful exit to the Swedish assisted reproduction leader Vitrolife, the expertise and results from previous efforts have been reinvested into new research within AppCellTech.
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Industry Overview
Hungary's biotechnology sector has been a burgeoning field, primarily driven by innovative research and a robust framework of academic institutions and industry collaborators. In recent years, the country has strived to integrate advanced technol
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Széchenyi Tőkealap
invested in
AppCellTech Kft.
in 2015
in a Seed Stage deal
Disclosed details
Transaction Size: $1M