Venture capital plays a crucial role in fostering innovation and technology development. In Hungary, there has been a significant investment in venture capital, with a focus on larger companies. However, there is a growing interest in supporting smaller, tech-based startups. Hungary was among the first in Central Europe to establish laws promoting venture capital. The goal of venture capital is to provide funding for companies with promising ideas but lacking capital. This article explores the impact of venture capital on advanced economies and assesses Hungary's progress in this area.