📋 Tender Overview
Location:
Hungary
Project number:
55990
Business sector:
Telecommunications, Media and Technology
Notice type:
Private
Environmental category:
C
Approval date:
03 Dec 2024
Status:
Signed
English-language PSD published:
20 Feb 2025
Project Description
Equity investment into Axoflow, a Hungarian software provider of a telemetry pipeline platform
Project Objectives
Equity investment in Axoflow ("company"), a company incorporated in Hungary, as part of a Seed equity round
Transition Impact
ETI score: 80
The EBRD's Venture Capital Investment Programme III, VCIP III, is expected to contribute to the Competitive and Resilient transition qualities as it will support the development of recently established highly innovative technology-based companies, as well as promote better access to venture capital which is still nascent in the EBRD Region.
Client Information
AXOFLOW INC
Axoflow offers a modern telemetry pipeline that ingests logs and metrics, parses and enriches them, and routes them to the appropriate destination. Its solution improves cybersecurity operations of its customers from both a cost and monitoring perspective.
It focuses on large enterprises with hybrid infrastructure settings in regulated industries such as energy, healthcare and financial services.
Additionality
Under VCIP, additionality stems from the Bank's ability to bring extensive regional private equity experience of the region, networks and relationships to support the VCIP Qualified Co-Investors in their investments in investee companies.
PSD last updated
20 Feb 2025
Understanding Transition
Further information regarding the EBRD’s approach to measuring transition impact is available here.
Business opportunities
For business opportunities or procurement, contact the client company.
For business opportunities with EBRD (not related to procurement) contact:
Email: projectenquiries@ebrd.com
For state-sector projects, visit EBRD Procurement:
Tel: +44 20 7338 6794
Email: procurement@ebrd.com
General enquiries
Specific enquiries can be made using the EBRD Enquiries form.
Environmental and Social Policy (ESP)
The ESP and the associated Performance Requirements (PRs) set out the ways in which the EBRD implements its commitment to promoting environmentally sound and sustainable development . The ESP and the PRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation as well as to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about environmental and social performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD additionally requires its clients to disclose information, as appropriate, about the risks and impacts arising from projects or to undertak
