HDBI

HDBI is the Hellenic Development Bank of Investments S.A., a Greek state-backed investment institution that deploys capital into venture capital, private equity, technology transfer and debt funds focused on Greek businesses. It operates as a fund-of-funds and co-investment platform, backing professional fund managers rather than selling software or advertising services. Its programmes include Q-equity, InnovateNow, AccelerateTT, Co-Investment Fund and a Debt Fund Programme. The company creates value by mobilising public capital, including Recovery and Resilience Facility resources, alongside private investors under pari passu structures. Its customers are fund managers, venture and private equity firms, institutional co-investors and, indirectly, Greek SMEs and start-ups that receive financing through those funds. Revenue and financial returns derive from the economics of backed funds, including investment returns and fund-level participation mechanisms rather than transactional software fees.