Three Researchers, Zero Outside Capital, One Big Idea
The year is 2012. Three researchers at the Hungarian Academy of Sciences in Budapest look at each other and decide they've spent enough time studying vehicle-to-everything communication from the outside. Jozsef Kovacs, alongside Laszlo Virag and Andras Takacs, left the lab and started Commsignia - with their own money, their own conviction, and a technology the rest of the world was still skeptical about.
V2X - vehicles communicating with each other and with infrastructure in real time - was not a fashionable bet in 2012. The mainstream narrative was still very much about sensors, cameras, and onboard intelligence. What Kovacs understood was that no single car, however smart, could see through a wall. No sensor could tell a driver that a speeding ambulance was approaching from a blind corner two seconds before it mattered. That required a network. That required V2X.
Kovacs had been building toward this for years. His MSc in Computer Science from Budapest University of Technology and Economics was the foundation. Then BME Mobile Innovation Centre, where embedded Linux and IPv6 mobility research consumed his days. Then the Hungarian Academy, where the research sharpened into something deployable. By the time he co-founded Commsignia, he had over 15 years of embedded systems and wireless technology experience and the specific credibility that comes from being one of the people who built the protocols, not just read about them.
"Everybody thought all the R&D activities of the car manufacturers are going to be cut - but actually it's not true."- Jozsef Kovacs, EU-Startups Interview, September 2020
From Budapest Labs to Las Vegas Intersections
Commsignia's early years were a proof-of-concept marathon. In 2013, the company's road safety applications were tested at the ETSI PlugTest - a European interoperability testing event for cooperative intelligent transport systems - and came out validated. Industrial-grade V2X hardware followed in 2014, built from lessons learned in European pilot projects.
The company raised a seed round in 2016 from Day One Capital and Credo Ventures, which brought commercial products to market. Then came the moment that announced Commsignia to the world: CES 2018. Las Vegas. Kovacs's company had equipped more than 130 city intersections with V2X technology - the kind of deployment that moves V2X from research papers to pavement. It was one of the largest such deployments globally at the time.
A Series A of $11.5M followed in 2019, alongside OEM partnerships with Volkswagen, Audi of America, and Ford. Commsignia wasn't just building standalone hardware anymore - it was embedded in vehicles being manufactured at scale. The software stack that Kovacs and his team had built was running in production cars.
What V2X Actually Does
Vehicle-to-Vehicle: Cars share speed, position, and braking data with each other in real time
Vehicle-to-Infrastructure: Traffic signals, signs, and roadside units communicate with vehicles
Vehicle-to-Everything: Full network including pedestrians, cyclists, emergency vehicles, and networks
Dedicated Short-Range Communications: Low-latency radio standard purpose-built for vehicle safety
Cellular V2X: 4G/5G network-based vehicle communication, extending range and coverage
End-to-end encrypted, authenticated messages prevent spoofing and protect vehicle safety data
When Everyone Predicted a Crash, He Predicted Continuity
In September 2020, Kovacs gave an interview to EU-Startups. COVID-19 was reshaping every industry. The automotive sector was in chaos - factories shuttered, supply chains fractured, budgets under review. The prevailing assumption in the startup world was that R&D spending at car manufacturers would evaporate.
Kovacs pushed back. He acknowledged delays in deployments and adjustments in growth plans, but maintained that automotive R&D - especially around safety and connectivity - would hold. He was right. The V2X market did not collapse. Commsignia kept building. The OEM relationships survived. The technology, which had taken years to standardize and certify, was too deep in automotive pipelines to simply be cancelled.
That contrarian read in 2020 was consistent with everything Kovacs had done since 2012. He had started a V2X company before V2X was mainstream. He had raised venture capital for a deep-tech, standards-driven, embedded systems business - not the easiest pitch. He had earned a PhD in Cooperative Intelligent Transportation Systems while simultaneously running that company. The pattern was not optimism. It was a very specific kind of technical conviction.
Commsignia Funding Timeline
Total raised: $26.3M across three rounds
What He Built
Las Vegas at Scale
Equipped 130+ city intersections with V2X technology - one of the world's largest connected-road deployments, announced at CES 2018.
Global Footprint
Commsignia's RSUs and OBUs deployed in 20+ countries and 10+ U.S. states under Kovacs's leadership and roadmap.
OEM Integration
Software stack in production vehicles from Volkswagen, Audi of America, and Ford - mass deployment, not pilot projects.
PhD While Building
Earned a PhD in Cooperative Intelligent Transportation Systems from Szechenyi Istvan University while simultaneously running a VC-backed startup.
China's 5G Group
Joined China's IMT-2020 (5G) Promotion Group in 2020 - an unusual distinction for a European-founded transportation startup.
Strategic Investors
Attracted LG Electronics, Qualcomm Ventures, and Samsung Catalyst Fund - all three major hardware players backing the same V2X software stack.
Jozsef Kovacs, 1982-2021
Kovacs passed away in late 2021. The company he co-founded continues under the leadership of Laszlo Virag, the CTO he hired. Commsignia raised its $15M Series B in September 2023, bringing in LG Electronics as a strategic partner and reaching $26M in total funding. The Las Vegas streets are still talking. The OBUs and RSUs are still broadcasting. The work continues.
The Long Road to Commsignia
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2002Began MSc in Computer Science at Budapest University of Technology and Economics
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~2008System administrator at HuWiCo - deployed wireless hotspots citywide, maintained community networking and wireless infrastructure (802.11a/b/g)
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~2009Software engineer at BME Mobile Innovation Centre - embedded Linux, IPv6 mobility research
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~2010System integrator at Ramsys Zrt
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~2011Led embedded development and mobility-focused R&D at Hungarian Academy of Sciences alongside future Commsignia co-founders
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2012Co-founded Commsignia in Budapest with Laszlo Virag (CTO) and Andras Takacs (CPO) - self-funded at launch
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2013Commsignia V2X applications validated at ETSI PlugTest interoperability event
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2014Industrial-grade V2X hardware platform launched following European pilot projects
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2016Seed round from Day One Capital and Credo Ventures; commercial V2X products launched; began PhD at Szechenyi Istvan University
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2018CES 2018: Announced Las Vegas deployment - 130+ intersections equipped with Commsignia V2X technology
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2019Series A of $11.5M raised; partnerships with Volkswagen, Audi of America, and Ford for mass-produced V2X vehicles
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2020Joined China's IMT-2020 (5G) Promotion Group; gave EU-Startups interview on V2X and COVID-19 resilience
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2021Passed away in late 2021. Laszlo Virag assumed CEO role at Commsignia
The Academic Foundation
The Details That Don't Make the Press Release
Before V2X, there was web hosting. Kovacs co-founded a web hosting company early in his career - a fact that doesn't appear in the Commsignia origin story but speaks to someone who learned to build and operate infrastructure long before automotive standards entered the picture.
The Las Vegas deployment had a particular significance: Commsignia was a company of roughly 70 people when it equipped one of America's highest-traffic cities with live V2X infrastructure. The ratio of company size to deployment scale was unusual. Most companies at that headcount are still building prototypes.
Kovacs pursued his PhD in Cooperative Intelligent Transportation Systems at Szechenyi Istvan University between 2012 and 2016 - the same years Commsignia was bootstrapping, winning its first customers, and closing its seed round. The academic work and the company work were happening simultaneously, feeding each other. The PhD wasn't a credential. It was how he thought.
"We're working on equipping cars, cities and traffic with connectivity."- Jozsef Kovacs, Commsignia co-founder