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Top 50 B2B VC Funds & Investors in Denmark (October 2026)

The most active venture capital funds investing in Denmark B2B startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Denmark B2B startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
PSV
VC Fund
9 Denmark, United States, Sweden Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $307k–$4.6M
Seedcamp
VC Fund
5 United Kingdom, United States, Germany Seed, Pre-Seed, Series A Software, FinTech, SaaS
Trifork
VC Fund
3 Denmark, United Kingdom, Norway Corporate Round, Seed, Pre-Seed Software, Information Technology, Health Care $1.5M–$4.6M
Futuristic.vc
VC Fund
3 Denmark, China, United States Seed, Pre-Seed Software, Machine Learning, Art $369k–$4.4M
byFounders
VC Fund
3 Denmark, United States, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, SaaS $750k–$65M
Bose Ventures
VC Fund
2 United States, India, Denmark Venture - Series Unknown, Series B, Series A Software, Health Care, Consumer Electronics $27k–$55M
Alt Capital
VC Fund
2 United States, Sweden, United Kingdom Series A, Seed, Series B Artificial Intelligence, Software, Information Technology $2.5M–$125M
Export and Investment Fund
VC Fund
2 Denmark, United States, Norway Seed, Series A, Pre-Seed Software, Biotechnology, Health Care $395k–$84M
Peak
VC Fund
2 The Netherlands, Germany, Sweden Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $570k–$17M
Outward VC
VC Fund
2 United Kingdom, Denmark, United States Seed, Series A, Series B Financial Services, FinTech, Artificial Intelligence $1.8M–$80M
InReach Ventures
VC Fund
2 United Kingdom, Germany, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $1.1M–$11M
West Hill Capital
VC Fund
2 United Kingdom, Denmark, Germany Venture - Series Unknown, Series A, Seed Health Care, Information Technology, Software $1.8M–$15M
Giant Ventures
VC Fund
2 United States, United Kingdom, Denmark Seed, Series A, Pre-Seed Software, Artificial Intelligence, FinTech $1.2M–$56M
Unpopular Ventures
VC Fund
2 United States, India, United Kingdom Seed, Pre-Seed, Series A Software, Artificial Intelligence, Financial Services $500k–$34M
Crowberry Capital
VC Fund
2 Iceland, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Health Care $400k–$17M
Upfin
VC Fund
2 Denmark, United Kingdom, Sweden Pre-Seed, Seed, Series A Software, Artificial Intelligence, SaaS $1.2M–$6.1M
42CAP
VC Fund
2 Germany, France, Sweden Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $1.3M–$19M
Cherry Ventures
VC Fund
2 Germany, United Kingdom, United States Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1.1M–$44M
Antler
VC Fund
2 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Seed Capital
VC Fund
2 Denmark, United States, United Kingdom Seed, Venture - Series Unknown Software, Health Care, Information Technology $508k–$5.5M
Skyfall Ventures
VC Fund
2 Norway, Denmark, United States Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, Information Technology $350k–$6.1M
Perplexity Fund
VC Fund
1 United States, Canada, Denmark Seed, Pre-Seed, Series A Artificial Intelligence, B2B, Content $3M–$18M
BlackFin Capital Partners
VC Fund
1 France, Germany, Denmark Series A, Series B, Private Equity Financial Services, FinTech, Software $5.9M–$100M
Signals Venture Capital
VC Fund
1 Germany, United States, United Kingdom Series A, Seed, Pre-Seed SaaS, Software, Artificial Intelligence $549k–$63M
Vaekstfonden
VC Fund
1 Denmark, United States, United Kingdom Seed, Venture - Series Unknown Software, Information Technology, SaaS $899k–$23M
Oxlund Holding
VC Fund
1 Denmark Seed B2B, SaaS, Hospitality
Lightspeed Venture Partners
VC Fund
1 United States, India, Israel Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $2M–$125M
Salica
VC Fund
1 United Kingdom, United States, Germany Seed, Secondary Market, Series A Software, Information Technology, Health Care $645k–$346M
CVX Ventures
VC Fund
1 Denmark, Sweden, Norway Seed, Pre-Seed, Angel Manufacturing, SaaS, Gaming $44k–$5.5M
MK Ventures
VC Fund
1 India, Denmark Seed, Post-IPO Equity B2B, SaaS, Finance
Founderment
VC Fund
1 Denmark, Germany, Czech Republic Seed, Pre-Seed Software, SaaS, Travel $384k–$5.4M
BlackWood Ventures
VC Fund
1 United Kingdom, Italy, Kenya Seed, Pre-Seed Software, Financial Services, B2B $750k–$5.7M
Zelda Ventures
VC Fund
1 United States Seed, Pre-Seed, Series A Artificial Intelligence, B2B, SaaS $2.6M–$200M
Hanabi Capital
VC Fund
1 United States, Denmark, United Arab Emirates Series A, Series B, Seed Artificial Intelligence, Software, Robotics $12M–$400M
Scale Capital
VC Fund
1 Denmark, Norway, Germany Seed, Venture - Series Unknown Software, Information Technology, SaaS $1M–$14M
The Nordic Web Ventures
VC Fund
1 Denmark, Norway, Sweden Pre-Seed, Seed, Angel Software, SaaS, Artificial Intelligence $246k–$5M
Onex
VC Fund
1 United States, Canada, France Private Equity, Post-IPO Equity, Secondary Market Software, Education, Consulting $50M–$400M
Bang Olsen Holding
VC Fund
1 Denmark Seed B2B, SaaS, Hospitality
Yope
VC Fund
1 Denmark, United States Pre-Seed B2B, Software, Health Diagnostics
Curiosity VC
VC Fund
1 The Netherlands, Finland, Sweden Pre-Seed, Seed, Series A Artificial Intelligence, Software, Information Technology $793k–$11M
Ridge Ventures
VC Fund
1 United States, Canada, Finland Series A, Seed, Series B Software, Internet, Artificial Intelligence $1.5M–$65M
CAPNOVA
VC Fund
1 Denmark, United States, India Seed, Venture - Series Unknown, Pre-Seed Software, Information Technology, B2B $147k–$3M
Lind og Risør
VC Fund
1 Denmark Series A, Series B B2B, SaaS, Software
Mikoha Holding
VC Fund
1 Denmark Seed B2B, SaaS, Hospitality
Vendep Capital
VC Fund
1 Finland, United States, Denmark Seed, Series A, Venture - Series Unknown Software, SaaS, Information Technology $823k–$13M
Compounding Capital
VC Fund
1 Denmark Seed SaaS, Software, B2B $876k–$4.6M
Octopus Ventures
VC Fund
1 United Kingdom, United States, Germany Series A, Seed, Series B Software, Artificial Intelligence, Health Care $2.1M–$43M
Ada Ventures
VC Fund
1 United Kingdom, Denmark, Ireland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $507k–$41M
Clausen Engineering
VC Fund
1 Denmark Seed B2B, Apps, SaaS
Angular Ventures
VC Fund
1 Israel, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $622k–$45M
Access all 72 VC funds in Denmark B2B startups.

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Investor list

PSV
VC Fund · Lyngby, Hovedstaden, Denmark · 9 investments in Denmark B2B startups

PSV cares about a conscious future. As a venture house, our mission is to clear the path for founders who build companies that matter. Our hybrid setup, comprising PSV Foundry, PSV Lab, and two unique venture funds, PSV Tech and PSV Hafnium, sets us free from adhering to a singular method. Rather we rethink existing ways and models to maximise our impact beyond any individual firm or investment. Together, we can punch above our weight.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Denmark, United States, Sweden

Investor stats

  • Total investments: 154
  • Round size: Seed $500k–$4.6M; Pre-Seed $307k–$2.5M; Venture - Series Unknown $513k–$3.2M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $64M in 2020

Portfolio highlights

  • Thiax — ThiaX maps the strain and crystallinity in polymer and composite materials using cutting-edge X-ray diffraction (XRD) technology.
  • spektr — Automate KYB, KYC onboarding, risk monitoring, and case management, reducing false positives and manual work for faster, more secure processes.
  • Acodyne — Heavy-lift eVTOL cargo UAVs. Heavy payloads, high speed, autonomous flight.
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Seedcamp
VC Fund · London, England, United Kingdom · 5 investments in Denmark B2B startups, 32 in the past 12 months

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

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Investment focus

  • Industry: Software, FinTech, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 308
  • Lead/follow: no public data

Portfolio highlights

  • Sylvera — Sylvera Carbon offset ratings make offset quality and risks transparent. We make offsets auditable for offset sellers, intermediaries, buyers and investors.
  • Outverse — A community platform that's easier to use, better organised and designed for real interaction.
  • Dust — Dust is a platform for creating sophisticated processes based on large language models and semantic search.
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Trifork
VC Fund · Schindellegi, Schwyz, Switzerland · 3 investments in Denmark B2B startups

We inspire and teach customers and colleagues about new technological possibilities, build innovative software solutions and operate and maintain these for our customers.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Corporate Round, Seed, Pre-Seed
  • Geography: Denmark, United Kingdom, Norway

Investor stats

  • Total investments: 15
  • Round size: Seed $1.5M–$4.6M
  • Lead/follow: 53% lead, 47% follow

Portfolio highlights

  • Replik — Replik.dk offers free and non-binding legal advice as well as the preparation of legally correct documents within family and inheritance law, such as wills, power of attorney, children's wills and prenuptial agreements.
  • Dawn Health — Dawn Health is a digital health company offering life-changing digital health therapies driving improved patient outcomes beyond the pill. The company is enabling to design, develop, and service medical device software. They help people live better and longer lives through technology and aim to accelerate digital health globally through strategicconsulting and the development of innovative digital health products together with their partners. As MedTech specialists, they create life-changing solutions with a strategic focus on digital health, SaMD, GxP software, and IoT within healthcare. Dawn Health envisions a time where digital health solutions will revolutionize how people worldwide achieve higher standards of health, and access services to promote and protect their health and well-being. The company has a global ambition to be the preferred Digital Health Partner to the life science industry, and through their partnerships and ventures, to impact one million lives by 2030 through digital interventions.
  • Replica — Replik is one of the leading digital organizations focused on family and inheritance law, with a heavy emphasis on legal and personal guidance.
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Futuristic.vc
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark B2B startups

Early-stage angel investing in Europe

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Investment focus

  • Industry: Software, Machine Learning, Art
  • Stage:Seed, Pre-Seed
  • Geography: Denmark, China, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $369k–$4.4M; Pre-Seed $535k–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • UltiHash — Data powers breakthroughs. UltiHash is the storage foundation to accelerate them: blazing fast, highly efficient, and built for sustainable long-term growth.
  • Dreamdata — Dreamdata is a B2B Revenue Attribution Platform that gathers, joins, cleans all revenue-related data to present transparent, actionable analysis of what drives B2B revenue. The ultimate B2B multi-touch attribution tool for multi-techstack businesses.
  • Yacheng Network — Yacheng Network is a provider of information technology and software services that specializes in offering these services.
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byFounders
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark B2B startups, 17 in the past 12 months

byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Sweden

Investor stats

  • Total investments: 135
  • Round size: Seed $1.5M–$9.4M; Pre-Seed $750k–$4.3M; Series A $6.1M–$65M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2021

Portfolio highlights

  • Fluencify — Fluencify is an innovative creator marketing platform that runs end to end user generated content programs for global brands. The software powered solution enforces brand quality guidelines, handles global creator payments, and provides contracted view guarantees to turn influencer marketing into a scalable utility framework.
  • Verda — Verda provides a full-stack AI cloud platform for the development, training, and deployment of AI models.
  • Cota Robotics — Cota Robotics deploys general-purpose robots in retail stores through a Robot-as-a-Service model, integrating with existing environments without requiring changes to store layouts or infrastructure. The company automates shelf replenishment, inbound handling, and order picking using human-in-the-loop teleoperation, with autonomy increasing asdeployment data trains its models.
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Bose Ventures
VC Fund · Framingham, Massachusetts, United States · 2 investments in Denmark B2B startups

Bose Ventures is looking for startups that are pushing the envelope of AR to help build some of these new experiences. They are investing in startups that are developing apps, services, and technology that leverage and extend the Bose AR platform. If you are one of these innovative startups

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Investment focus

  • Industry: Software, Health Care, Consumer Electronics
  • Stage:Venture - Series Unknown, Series B, Series A
  • Geography: United States, India, Denmark

Investor stats

  • Total investments: 24
  • Round size: Series A $1.5M–$10M; Series B $2M–$55M; Venture - Series Unknown $27k–$18M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2018

Portfolio highlights

  • Vesper — Vesper is an electrical and electronic manufacturing company that specializes in microphones, piezoelectric, and audio. The company is driven by a mission is to deliver voice-powered products to every market, around the world. Vesper was founded in 2009 and headquartered in Boston, Massachusetts.
  • Medrhythms — Pioneering Next-Generation Digital Therapeutics to Improve Walking  
  • Noise — Buy latest Noise smart watches, wireless earbuds, BT neckband earphones, wireless headphones, speakers and smart watch accessories online at best prices in India.
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Alt Capital
VC Fund · 2 investments in Denmark B2B startups, 11 in the past 12 months

Alt Capital is a early-stage venture capital firm.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, Sweden, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $2.5M–$11M; Series A $11M–$40M; Series B $71M–$125M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely actively investing — fresh fund, raised $275M in 2025

Portfolio highlights

  • Avoca — Avoca - Providing every local business a 24/7 AI-powered Communications Platform
  • Town — Town is an financial services company that provides online tool to help the businesses to pay tax for convenient process.
  • depthfirst — An AI-native security platform that understands your code, business logic, and infrastructure to find more vulnerabilities, slash false positives, and give developers actionable fixes in their workflow.
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Export and Investment Fund
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Denmark B2B startups, 39 in the past 12 months

Denmark's Export and Investment Fund (EIFO) serves as a single point of contact for Danish firms seeking risk-tolerant government finance. We aspire to help successful enterprises that can expand the Danish economy and green the world on a daily basis, guided by professionalism and an international perspective.

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Investment focus

  • Industry: Software, Biotechnology, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Denmark, United States, Norway

Investor stats

  • Total investments: 146
  • Round size: Seed $395k–$11M; Pre-Seed $807k–$2.9M; Series A $5.9M–$84M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Sovera Security — Sovera was established to develop that model, which is self-improving, signal-driven, and sovereign.
  • Breye Therapeutics — Breye Therapeutics, a Danish-based biopharmaceutical firm in the clinical stages, is working to provide cutting-edge oral treatments for the management of retinal vascular diseases.
  • Onomondo — Onomondo is a global IoT network. Our IoT SIM and cloud platform future proof your devices with full data transparency, freedom to leave, and no third parties.
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Peak
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 2 investments in Denmark B2B startups

European early-stage venture capital fund backed 100% by founders. Helping Pre-Seed and Seed SaaS, Marketplaces & Platforms with their Go-To-Market.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: The Netherlands, Germany, Sweden

Investor stats

  • Total investments: 120
  • Round size: Seed $570k–$5M; Pre-Seed $781k–$2.5M; Series A $6.5M–$17M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $158M in 2022

Portfolio highlights

  • DREM — Simplifying distributed energy saving solutions
  • VoiceLine — VoiceLine is AI-powered field sales revenue intelligence. Document any customer interactions in seconds, get actionable insights and boost sales performance. Start today!
  • microsynetics GmbH — Developing hardware and software to help elderly people gaining more freedom and quality of life. Our first product is an emergency wristband which works together with an app, also connecting relatives via smartphone and phone integrated in the emergency wristband. The automated AI-based fall detection guarantees help even when the user - afteraccident - isn't capable anymore of activating the emergency call via integrated button.
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Outward VC
VC Fund · London, England, United Kingdom · 2 investments in Denmark B2B startups

Outward VC empower start-ups seeking to be the most important fintech companies in the world

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Investment focus

  • Industry: Financial Services, FinTech, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, Denmark, United States

Investor stats

  • Total investments: 53
  • Round size: Seed $1.8M–$5.7M; Series A $6.2M–$18M; Series B $45M–$80M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $80M in 2024

Portfolio highlights

  • elyndra — Echo by elyndra - Your voice. Their care. Spoken observation to complete documentation in seconds; giving back 2 hours daily for human connection that transforms lives.
  • quartz — Quartz provides a personal wealth platform that aggregates financial accounts and offers personalized financial insights.
  • LEOTRACE — LeoTrace provides cybersecurity software and services focused on securing AI-generated and human-written code. The company offers the LeoTrace Platform, a security decision and governance layer that enforces security reasoning at the point of code creation and records an auditable history of engineering and design decisions before deployment. It isintended for software and security teams that use AI agents and developers to produce code and need traceable security decisions across their pipelines. In addition to its platform, LeoTrace delivers penetration testing and security assessment services covering web and mobile applications, cloud environments, APIs, networks, desktop software, and AI and large language model integrations. The company also supports exposure management, workflow automation, reporting, and analytics for managing vulnerabilities and remediation. Through its community content and instructional programs, LeoTrace helps security practitioners and developers practice real-world code review and sharpen offensive and defensive skills.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
InReach Ventures
VC Fund · London, England, United Kingdom · 2 investments in Denmark B2B startups

InReach Ventures backs European founders with global ambitions. We use proprietary AI to find Europe's most promising teams before anyone else.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, Germany, United States

Investor stats

  • Total investments: 45
  • Round size: Seed $1.3M–$4.4M; Pre-Seed $1.1M–$2.4M; Series A $5M–$11M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $60M in 2019

Portfolio highlights

  • NetBird — Wiretrustee is an open-source VPN platform built on top of WireGuard® making it easy to create secure private networks for your organization or home. It requires zero configuration effort leaving behind the hassle of opening ports, complex firewall rules, VPN gateways, and so forth.
  • Streamkap — Streamkap is the modern real-time data exchange to sync data between systems as well as between companies
  • Dreamdata — Dreamdata is a B2B Revenue Attribution Platform that gathers, joins, cleans all revenue-related data to present transparent, actionable analysis of what drives B2B revenue. The ultimate B2B multi-touch attribution tool for multi-techstack businesses.
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West Hill Capital
VC Fund · London, England, United Kingdom · 2 investments in Denmark B2B startups

West Hill Corporate Finance is a leading private equity venture capital firm providing EIS qualifying high-growth investments to private individuals.

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Investment focus

  • Industry: Health Care, Information Technology, Software
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: United Kingdom, Denmark, Germany

Investor stats

  • Total investments: 61
  • Round size: Seed $2.6M–$6M; Series A $2M–$15M; Venture - Series Unknown $1.8M–$10M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • Silicon MicroGravity — Silicon Microgravity Limited is a spin-out from Cambridge University. The underpinning sensor technology was developed through a collaboration with BP plc and provides a breakthrough in the management of oil and gas reservoirs. The technology has been developed in Cambridge University’s Nanoscience Centre primarily funded by BP and Innovate UK.
  • ATLANT 3D — Micro and nanodevices are built and tested within days instead of months or years.
  • Formalize — Formalize delivers a cloud-based compliance operations platform designed for governance, risk, and control workflows, enabling businesses to automate processes around frameworks such as NIS2, DORA, ISO 27001, and GDPR. The platform lets users centralize risk and incident tracking, manage third-party audits and controls, and build customizeddashboards and workflows across compliance, supplier management, and governance.
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Giant Ventures
VC Fund · London, England, United Kingdom · 2 investments in Denmark B2B startups, 6 in the past 12 months

Giant backs purpose-driven founders building companies that matter.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Denmark

Investor stats

  • Total investments: 106
  • Round size: Seed $2.6M–$12M; Pre-Seed $1.2M–$6.3M; Series A $10M–$56M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • Radiant — Clean. Portable. Safe. Energy
  • EnduroSat — Enabling profitable LEO satellite constellations with standardized satellites and fixed-cost space service. 100+ satellites deployed to orbit
  • Efficient Computer — Efficient Computer is ushering in a new era of computing with our ultra-energy-efficient programmable processors.
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Unpopular Ventures
VC Fund · San Francisco, California, United States · 2 investments in Denmark B2B startups

The best companies, off the beaten path.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 622
  • Round size: Seed $500k–$8M; Pre-Seed $500k–$2.6M; Series A $6M–$34M
  • Lead/follow: 2% lead, 98% follow
  • Last fund: Likely actively investing — fresh fund, raised $13k in 2025

Portfolio highlights

  • Sourcepulse — Your early warning system for software delivery (YC S23)
  • Morphic — The Sovereign AI platform for organizations to own their tribal knowledge
  • NORDA Dynamics — NORDA Dynamics is an autonomous UAV piloting system for carrying out missions in areas with limited connectivity.
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Crowberry Capital
VC Fund · Reykjavík, Gullbringusysla, Iceland · 2 investments in Denmark B2B startups

Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.

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Investment focus

  • Industry: Software, Gaming, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Iceland, Denmark, Finland

Investor stats

  • Total investments: 52
  • Round size: Seed $1.6M–$4.4M; Pre-Seed $400k–$1.3M; Series A $5.7M–$17M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $90M in 2021

Portfolio highlights

  • Quanscient — Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.
  • SNERPA Power — SNERPA Power develops intelligent energy services.
  • Augmented Hearing — Read more about danish audiology scale-up Augmented Hearing, driving the world's most ambitious audiology solutions and innovations.
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Upfin
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark B2B startups

Upfin is an early-stage Nordic Venture fund focusing on Fintech. We leverage a deep sector focus to help exceptional fintech founders open doors.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Denmark, United Kingdom, Sweden

Investor stats

  • Total investments: 9
  • Round size: Seed $3.2M–$6.1M; Pre-Seed $1.2M–$1.7M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • ZTLment — We empower online platforms and marketplaces to seamlessly hold, manage, and distribute funds in real-time, with full automation and compliance.
  • Palm — Palm specializes in AI-powered treasury software designed to optimize financial operations for businesses. The platform offers solutions for generating accurate cash forecasts quickly and managing company funds efficiently. Palm's technology streamlines automated workflows for forecasting and cash movement, ensuring enterprise-grade securityand controls. The company focuses on addressing treasury challenges with innovative solutions, supported by a team with expertise in treasury and fintech. Palm's services are aimed at improving financial decision-making and operational efficiency for its clients.
  • Ankor — Ankor is a platform of actionable data for business owners. Quit straying. Begin construction.
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42CAP
VC Fund · Munich, Bayern, Germany · 2 investments in Denmark B2B startups

We are peers amongst entrepreneurs helping the brave to build game-changing companies, just like we have done ourselves.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, France, Sweden

Investor stats

  • Total investments: 104
  • Round size: Seed $2.2M–$6M; Pre-Seed $1.3M–$2.3M; Series A $2.5M–$19M
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $43M in 2022

Portfolio highlights

  • Flowlity — Flowlity revolutionizes planners' experience by streamlining tasks within planning tools and automating 95% of planning activities.
  • Marble — Marble is an opensource, real time fraud and compliance automation engine designed for fintechs and financial institutions.
  • Kontext — Kontext is a runtime security and runtime authorization platform for AI agents.
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Cherry Ventures
VC Fund · Berlin, Berlin, Germany · 2 investments in Denmark B2B startups, 26 in the past 12 months

Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 297
  • Round size: Seed $1.9M–$14M; Pre-Seed $1.1M–$6.6M; Series A $7.3M–$44M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely actively investing — fresh fund, raised $500M in 2025

Portfolio highlights

  • Resolutiion — Resolutiion provides AI-powered software for managing commercial conflict, delivery risk, and business relationship performance. The platform supports organizations with dispute detection, workflow automation, contract monitoring, issue resolution, and operational risk management across customers, suppliers, workforce teams, and commercialpartnerships. Its system uses AI-driven analysis to identify relationship friction, monitor delivery performance, and support structured resolution processes. Resolutiion also provides commercial intelligence tools, reporting, and collaboration features for enterprise delivery and governance management.
  • Spiich Labs — AI for revenue teams that win on relationships. The agentic sales platform that eliminates CRM admin: your CRM updates itself after every call, you get daily meeting briefs, and follow-ups write themselves. Save 9+ hours weekly.
  • Integral — Bookkeeping, financial statements, and payroll all from one source
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Antler
VC Fund · Singapore, Central Region, Singapore · 2 investments in Denmark B2B startups

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 2382
  • Round size: Seed $158k–$4.6M; Pre-Seed $100k–$600k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
  • myluigi.ai — Luigi is an AI-Powered Full-Stack Game Growth-as-a-Service platform designed to help mobile game studios scale user acquisition, engagement and lifetime value without adding headcount. Its dual-engine architecture automates and operates everything from ad campaign creation and real-time creative optimization to personalized in-game offers and LTVforecasting—delivered through a single, easy-to-integrate and unified dashboard. With a flexible per-title pricing model and powerful machine-learning insights, Luigi empowers mid-sized and indie developers to reduce CPI, boost retention and chart a clear path toward sustainable growth and seven-figure ARR.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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Seed Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark B2B startups

Seed Capital invests in Danish tech businesses with global ambitions. We are focused on "late seed"-stage companies, typically investing 1-3 MEUR in rounds of 1-6 MEUR. Proud backers of Trustpilot, Vivino, Lunar, Templafy, Dixa, Forecast, and many other great companies.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, United States, United Kingdom

Investor stats

  • Total investments: 201
  • Round size: Seed $508k–$5.5M; Venture - Series Unknown $513k–$5.1M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $74M in 2021

Portfolio highlights

  • Tailify — Influencer Marketing, Powered by Behavioural Science. We're Tailify, the influencer marketing agency that combines the power of influence with the science of human behaviour.
  • Reapplix — Reapplix ApS, a research and development company, identifies blood-derived proteins that improve wound healing, isolates them, and reapplies them to patients with chronic wounds. The company was founded in 2008 and is based in Birkerod, Denmark.
  • Neurescue — Neurescue, a medical device manufacturer based in Denmark, is developing cardiovascular devices to help emergency patients. Neurescue’s first product, the safeREBOA device, is the first computer-aided aortic occlusion catheter. Our future goal is to enable the potential clinical utility of further intelligent procedures.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Skyfall Ventures
VC Fund · Oslo, Oslo, Norway · 2 investments in Denmark B2B startups

We are an early stage venture capital firm based in Oslo, Norway.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Norway, Denmark, United States

Investor stats

  • Total investments: 65
  • Round size: Seed $1.2M–$6.1M; Pre-Seed $350k–$3.3M; Venture - Series Unknown $1.1M–$1.6M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $29M in 2022

Portfolio highlights

  • Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
  • CYBRET AI — The New Era of Autonomous Cybersecurity
  • Volve — Volve turns tender and contract documents into a structured baseline, helping construction teams catch risk, run compliance checks, and win better bids with AI.
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Perplexity Fund
VC Fund · 1 investments in Denmark B2B startups

Investing in decade-defining early stage AI

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Investment focus

  • Industry: Artificial Intelligence, B2B, Content
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Canada, Denmark

Investor stats

  • Total investments: 7
  • Round size: Seed $3M–$14M; Series A $18M–$18M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Floqer — Build workflows that leverage 75+ industry-leading data sources and AI-powered web scraping to enrich prospect data, conduct account-based research, and automate sales motion at scale.
  • Autoscience — Autoscience merges science and tech to automate vehicles, improving safety, efficiency, and performance. It integrates AI, robotics, and materials science to transform transportation.
  • Graphon — Graphon finds and connects meaningful moments, people, places and things across videos, images and text, and turns them into context, so AI can actually work.
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BlackFin Capital Partners
VC Fund · Paris, Ile-de-France, France · 1 investments in Denmark B2B startups

BlackFin Capital Partners is the leading pan-European Financial Services PE Platform. The team consists of +35 experienced professionals from several nationalities.

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Investment focus

  • Industry: Financial Services, FinTech, Software
  • Stage:Series A, Series B, Private Equity
  • Geography: France, Germany, Denmark

Investor stats

  • Total investments: 90
  • Round size: Series A $5.9M–$19M; Series B $10M–$100M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $1.9B in 2024

Portfolio highlights

  • Chift — Offer native integrations within your software. Your clients connect your software to their tools in one click. Connect easily to Accounting, POS, Invoicing, e-commerce, etc.
  • ETFbook — ETFbook provides an information and analytic platform focused on exchange-traded funds (ETFs). It offers data, analytics, and insights to help users make informed decisions about fund selection, trading possibilities, and expense ratios. The platform is designed to broaden the effective use of ETFs by providing comprehensive tools and dashboardsfor analysis.
  • Wealthcome — Wealthcome is a wealth management company that offers tools for tracking expenses, optimizing fees, and analyzing investment performance.
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Signals Venture Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Denmark B2B startups

At signals Venture Capital we back visionary founders and top technology teams across Europe.

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Investment focus

  • Industry: SaaS, Software, Artificial Intelligence
  • Stage:Series A, Seed, Pre-Seed
  • Geography: Germany, United States, United Kingdom

Investor stats

  • Total investments: 46
  • Round size: Seed $1.8M–$10M; Pre-Seed $549k–$2.2M; Series A $7M–$63M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Mercanis — Source services smarter and drive automation along your source-to-settle process. Discover how Mercanis enables you to collaborate with best-in-class suppliers across your departments.
  • Everphone — Everphone provides solutions for the configuration, distribution, and management of mobile devices in organizations. The company focuses on device procurement, logistics, mobile device management, and hardware advisory services that allow organizations to choose mobile phones and tablets on a rental basis. The company also provides smartphones,tablets, accessories, and laptops.
  • Second Nature AI — AI role play sales training that turns practice into performance. Cut ramp time 34%, scale practice 6x, and close 46% more deals. Book a demo today.
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Vaekstfonden
VC Fund · Hellerup, Hovedstaden, Denmark · 1 investments in Denmark B2B startups

Vaekstfonden – The Danish Growth Fund – is the Danish state's investment fund. We strive to improve access to risk capital to enable Danish businesses to innovate, and to generate growth and new jobs. In close collaboration with banks and domestic and international private investors, we finance companies from all sectors nation-wide. We canaccompany you for the entire journey – from your company’s infancy through growth phases to expansion abroad and even to an initial public offering.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, United States, United Kingdom

Investor stats

  • Total investments: 227
  • Round size: Seed $899k–$4.9M; Venture - Series Unknown $1.2M–$23M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $343M in 2023

Portfolio highlights

  • Advalight — Advalight is a young, dynamic company dedicated to providing high-quality laser equipment for dermatological treatments. The company has patented an innovative technology for use in the removal of vascular lesions, acne treatment, skin rejuvenation and many other skin-enhancing procedures. The ground-breaking product was launched the summer 2014.Advalight is based on five years of scientific work in the Physics Department at the Technical University of Denmark. The founders include two PhDs and it is their research that forms the basis of Advalight. The company's main focus is on research and development and with the right external partners we believe that the market for dermatological lasers will be transformed. Advalight is therefore seeking collaboration with external partners with established distribution and sales channels.
  • BluePrinter — Today, 3D prints are usually either outsourced or centrally produced within corporations, needlessly costing valuable time and money. With Blueprinter, the 3D printing process is possible to insource within departments, and has become affordable for small businesses. Blueprinter decentralizes the 3D printing by moving the printer from thecentral laboratory, or external service providers, to within the office – decreasing the time to market, saving significant money in prototyping, and keeping confidentiality for all original prototypes.
  • DITA Exchange — DitaExchange is a CCMS built on Microsoft SharePoint, authored in Word. For organizations where content accuracy has consequences.
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Oxlund Holding
VC Fund · 1 investments in Denmark B2B startups

Holding for Oxlund

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Investment focus

  • Industry: B2B, SaaS, Hospitality
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • UnitPal — The complexity of hotel property management & revenue management made simple.UnitPal works for all accommodation, whether you have a few or more rooms, never used a hotel management system before or tried them all. No installations needed, no manuals to read. Create your beds, rooms, prices and packages, and you’re all set to makereservations, send confirmations, check-in guests and issue invoices. UnitPal systematizes and organises the activities of the hotel, and provides management overview of activities at any time, from anywhere.UnitPal tracks and displays past, present and future data of your hotel, needed for making decisions to ensure selling the right product to the right customer, at the right time to the right price.
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Lightspeed Venture Partners
VC Fund · Menlo Park, California, United States · 1 investments in Denmark B2B startups

Lightspeed Venture Partners is a multi-stage venture capital firm focused on accelerating disruptive innovations and trends.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: United States, India, Israel

Investor stats

  • Total investments: 2426
  • Round size: Seed $2M–$26M; Series A $7M–$85M; Series B $15M–$125M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely actively investing — fresh fund, raised $600M in 2025

Portfolio highlights

  • Tennr — Tennr is a custom AI assistant that accelerates research, answers complex questions, and generates custom reports.
  • Whizzo — Whizzo specializes in materials science-driven manufacturing of engineered fashion and technical textiles. Our expertise lies in creating and executing innovative textile blends tailored for applications across automotive, agriculture, medical textiles, and engineered fashion.
  • ElevenLabs — Create lifelike speech with our AI voice generator and voice agents platform. Access 5,000+ voices in 70+ languages with secure APIs and SDKs.
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Salica
VC Fund · London, England, United Kingdom · 1 investments in Denmark B2B startups

Founded as an investment firm focusing on the most promising startups, we have evolved into a unique set of private market funds investing globally in equity and debt across complementary sectors and stages. We fuse traditional values with a contemporary approach and balance exacting processes with the agility to capture commercial opportunity andcompelling investment returns. Our continuous search for new opportunities has led us to create a balanced collection of complementary funds and relationships.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Secondary Market, Series A
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 249
  • Round size: Seed $645k–$4.3M; Series A $3.9M–$19M; Secondary Market $60M–$346M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely actively investing — fresh fund, raised $12M in 2026

Portfolio highlights

  • Moneybox — Moneybox is the simple way to save, invest, buy your first home, and combine your old pensions - all with one award-winning app. Download now.
  • CameraMatics — Digitize fleet management to optimize performance. Onboard sensors, smart cameras, & apps to mitigate risk, manage safety & achieve sustainability goals.
  • Modern Milkman — Modern Milkman is a Yorkshire-based milk delivery company.
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CVX Ventures
VC Fund · Köpenhamn, Vasternorrlands Lan, Sweden · 1 investments in Denmark B2B startups

Together with our partners, we invest capital and skills in the most promising growth companies and make a difference for Nordic businesses.

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Investment focus

  • Industry: Manufacturing, SaaS, Gaming
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Denmark, Sweden, Norway

Investor stats

  • Total investments: 84
  • Round size: Seed $100k–$5.5M; Pre-Seed $44k–$2.3M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Bookboost — Communicate with your guests without any effort and across the entire guest journey. Our Multi-Channel CRM and Unified Inbox are here to help you enhance your guest experience.
  • Hili — Hili is a financial service company that provides cash in return for a share in the homeownership.
  • TastyUrban — TastyUrban is in the process of developing a new generation of restaurant usage and strategy.
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MK Ventures
VC Fund · 1 investments in Denmark B2B startups

MK Ventures is a venture capital investment.

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Investment focus

  • Industry: B2B, SaaS, Finance
  • Stage:Seed, Post-IPO Equity
  • Geography: India, Denmark

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Portchain — Home Portchain. Portchain Berth Optimization Engine helps terminals that want to increase their quayside profitability by modernising their
  • Niyogin Fintech — Niyogin operates as a non-banking finance company in India. It is involved in loans, finance, and investment, as well as lending and allied activities to micro, small, and medium enterprises.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Founderment
VC Fund · Aarhus, Midtjylland, Denmark · 1 investments in Denmark B2B startups

Founderment Ventures is an investment firm.

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Investment focus

  • Industry: Software, SaaS, Travel
  • Stage:Seed, Pre-Seed
  • Geography: Denmark, Germany, Czech Republic

Investor stats

  • Total investments: 14
  • Round size: Seed $1.4M–$5.4M; Pre-Seed $384k–$1M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Hakio — With our AI-powered demand forecasting platform, we help fashion and apparel companies make more accurate predictions about their future sales to optimise inventory levels and reduce waste.This enables planners in the fashion industry to reduce excess inventory and free up capital to avoid stockouts and costly overstock. All things that lead toleaner costs, better product availability, and last but not least, a CFO with a smile on their face.Say goodbye to complex forecasting processes and overly complicated Excel spreadsheets. With Hakio, you streamline your processes and centralise your data. This makes it easier to onboard new employees, collaborate internally, and ensure an understanding of trends and forecasts.
  • Cernel — Reduce manual work by 90%, launch 10x faster. Automate product data enrichment, media content, and feed optimization for ecommerce at scale.
  • Eyeball — Eyeball operates as a digital platform for youth football.
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BlackWood Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark B2B startups

BlackWood is a VC firm backing the most serious founders across Europe.

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Investment focus

  • Industry: Software, Financial Services, B2B
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, Italy, Kenya

Investor stats

  • Total investments: 24
  • Round size: Seed $2.2M–$5.7M; Pre-Seed $750k–$2.5M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely actively investing — fresh fund, raised $25M in 2025

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • Rightcharge — Simplify fleet electrification with Rightcharge. The all-in-one platform for automated home reimbursement and public charging cards; all on one bill.
  • Boundary Labs — Boundary Labs is a financial technology business that offers USBD, a stablecoin built primarily for institutional and professional customers.
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Zelda Ventures
VC Fund · Portola Valley, California, United States · 1 investments in Denmark B2B startups

Zelda Ventures is an early stage fund venture capital.

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Investment focus

  • Industry: Artificial Intelligence, B2B, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States

Investor stats

  • Total investments: 9
  • Round size: Seed $2.6M–$7M; Series A $15M–$200M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — raised $33M in 2023

Portfolio highlights

  • Eridu — Eridu is a pioneer in AI networking, breaking through the network wall with a leap in radix, throughput, and performance for scale-up and scale-out networks.
  • Jest — Publish mobile games on the web that retain players and monetize with in-app purchases.
  • Andromeda Surgical — Empowering surgeons with autonomous precision
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Hanabi Capital
VC Fund · Palo Alto, California, United States · 1 investments in Denmark B2B startups, 10 in the past 12 months

Hanabi Capital operates as an investment firm.

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Investment focus

  • Industry: Artificial Intelligence, Software, Robotics
  • Stage:Series A, Series B, Seed
  • Geography: United States, Denmark, United Arab Emirates

Investor stats

  • Total investments: 19
  • Round size: Seed $12M–$19M; Series A $18M–$100M; Series B $23M–$400M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: Likely actively investing — fresh fund, raised $10M in 2026

Portfolio highlights

  • 1001 AI — 1001 is the AI-powered intelligence layer helping enterprises transform decisions, orchestrate actions, and accelerate outcomes.
  • Simile — Simile is an artificial intelligence company that provides a platform for automating and improving communication and collaboration through AI-driven tools. It offers solutions for creating and managing conversations, generating content, and analyzing interactions to support business workflows. The company integrates AI models to assist teams indrafting messages, responding to queries, and enhancing productivity across digital communication channels. Its platform combines natural language processing, automation, and data analysis to streamline communication tasks and improve organizational efficiency.
  • Generalist AI — At Generalist, we are on a mission to build general intelligence for the physical world.
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Scale Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark B2B startups

Scale Capital is an early-stage technology investor, helping Nordic, B2B, and tech founder teams scale and win in the US market.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, Norway, Germany

Investor stats

  • Total investments: 29
  • Round size: Seed $1M–$14M; Venture - Series Unknown $1.4M–$6.1M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $60M in 2022

Portfolio highlights

  • Sonair — Make your robot safe, affordable, and efficient with the Sonair 3D ultrasonic sensor.
  • 6 Robotics OÜ — We exist to strengthen defence, protect nations, and deter conflict in an era defined by unmanned warfare.
  • INLEAP Photonics — INLEAP Photonics develops ultra-fast, high-precision laser system technology for secure drone defence and highly efficient industrial processes.
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The Nordic Web Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark B2B startups

The Nordic Web Ventures is an Angel Fund run by Neil S W Murray, backed by 50+ community builders, entrepreneurs and investors passionate about supporting early-stage Nordic startups.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Denmark, Norway, Sweden

Investor stats

  • Total investments: 23
  • Round size: Seed $250k–$5M; Angel $300k–$465k; Pre-Seed $246k–$1.1M
  • Lead/follow: 4% lead, 96% follow
  • Last fund: Likely actively investing — fresh fund, raised $6M in 2025

Portfolio highlights

  • Midio — Midio is a new programming language that is currently being developed. It enables you to visually make sense of data complexity, work considerably faster, and create incredible things with coders and non-developers equally.
  • Aisel Health — Aisel Health provides AI that imitates psychiatrists for psychiatric clinics and hospitals to ensure efficient patient access to care.
  • Paraglide AI — Paraglide AI agents handle your financial inbox, automatically reply to invoice inquiries from clients, pursue past-due invoice payments, and customize collections at scale.
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Onex
VC Fund · Toronto, Ontario, Canada · 1 investments in Denmark B2B startups

The Investor Relations website contains information about Onex's business for stockholders, potential investors, and financial analysts.

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Investment focus

  • Industry: Software, Education, Consulting
  • Stage:Private Equity, Post-IPO Equity, Secondary Market
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 24
  • Round size: Private Equity $50M–$317M; Post-IPO Equity $85M–$400M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: Likely still investing — raised $735M in 2024

Portfolio highlights

  • Unanet — Unanet is a leading provider of ERP solutions purpose-built for Government Contractors, A/E, and Professional Services. More than 2,000 project-driven organizations depend on Unanet to turn their information into actionable insights, drive better decision-making, and nurture business growth.
  • OneDigital — Fierce Advocates of Health, Success and Financial Security
  • PowerSchool — PowerSchool is a provider of cloud-based software for K-12 education. The company's solutions connect educators, administrators, and families to improve student outcomes. PowerSchool offers a variety of cloud-based solutions including a student information system, a learning management system, and data analytics tools.
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Bang Olsen Holding
VC Fund · 1 investments in Denmark B2B startups

Holding for Bang Olsen

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Investment focus

  • Industry: B2B, SaaS, Hospitality
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • UnitPal — The complexity of hotel property management & revenue management made simple.UnitPal works for all accommodation, whether you have a few or more rooms, never used a hotel management system before or tried them all. No installations needed, no manuals to read. Create your beds, rooms, prices and packages, and you’re all set to makereservations, send confirmations, check-in guests and issue invoices. UnitPal systematizes and organises the activities of the hotel, and provides management overview of activities at any time, from anywhere.UnitPal tracks and displays past, present and future data of your hotel, needed for making decisions to ensure selling the right product to the right customer, at the right time to the right price.
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Yope
VC Fund · Wilmington, Delaware, United States · 1 investments in Denmark B2B startups

Yope is a platform for next-generation founders and innovators in US & Europe. @michaelbaum

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Investment focus

  • Industry: B2B, Software, Health Diagnostics
  • Stage:Pre-Seed
  • Geography: Denmark, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Interhuman — AI should understand people, not just their words. Our mission is to humanize artificial intelligence by building the social intelligence layer that bridges the gap between AI systems and human interaction.
  • Lume Health — Discover how your body's daily cortisol rhythm impacts your energy, sleep, stress, and recovery. Join the waitlist for Lume Health.
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Curiosity VC
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Denmark B2B startups, 8 in the past 12 months

Investing in the next generation B2B software companies in the Benelux, Nordics & Baltics

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: The Netherlands, Finland, Sweden

Investor stats

  • Total investments: 42
  • Round size: Seed $793k–$5.8M; Pre-Seed $797k–$2.5M; Series A $7.3M–$11M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Duqu — Duqu provides short-term business financing by advancing money on outstanding business-to-business invoices.
  • Dawnguard — AI-native platform for fast cloud design and implementation.
  • display.dev — https://t.co/SF1T1dzqZc is the Google Drive for AI agents, the docs collaboration platform for humans and agents.
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Ridge Ventures
VC Fund · San Francisco, California, United States · 1 investments in Denmark B2B startups

Ridge Ventures (formerly IDG Ventures) is an early stage venture capital fund investing in experienced founders redefining how the world uses software.

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Investment focus

  • Industry: Software, Internet, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: United States, Canada, Finland

Investor stats

  • Total investments: 207
  • Round size: Seed $1.5M–$7M; Series A $4.3M–$20M; Series B $6M–$65M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $180M in 2023

Portfolio highlights

  • Discord — Discord is the easiest way to talk over voice, video, and text. Talk, chat, hang out, and stay close with your friends and communities.
  • Clario — Clario identifies and eliminates redundant, obsolete, and trivial unstructured data so organizations reduce waste, lower risk, and create cleaner foundations for AI.
  • Horizon3.ai — Horizon3.ai's mission is to help you find and fix your attack vectors before criminals exploit them. NodeZero, our automated penetration testing solution, enables organizations to continuously assess the security posture of their enterprise, including external, identity, on-prem, IoT, and cloud attack surfaces. Like APTs, ransomware, andother threat actors, our algorithms discover and fingerprint your attack surface, identifying the ways exploitable vulnerabilities, misconfigurations, harvested credentials, and dangerous product defaults can be chained together to facilitate a compromise. NodeZero is a true self-service SaaS offering that is safe to run in production and requires no persistent or credentialed agents. You will see your enterprise through the eyes of the attacker, identify your ineffective security controls, and ensure your limited resources are spent fixing problems that can actually be exploited. Founded in 2019 by industry, US Special Operations, and US National Security veterans, Horizon3.ai is headquartered in San Francisco, CA, and made in the USA.
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CAPNOVA
VC Fund · Aarhus, Midtjylland, Denmark · 1 investments in Denmark B2B startups

They are an investment and development company providing capital, solid business experience and a strong network in order to turn innovative ideas into successful businesses. They cover all of Denmark from their offices in Aarhus, Roskilde, Copenhagen, Viborg and Kalundborg.

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Investment focus

  • Industry: Software, Information Technology, B2B
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Denmark, United States, India

Investor stats

  • Total investments: 24
  • Round size: Seed $147k–$2.4M; Venture - Series Unknown $392k–$3M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Ulobby — Ulobby is an automated tool for stakeholder management and political monitoring
  • Mechanic Miner — Mechanic Miner is a 2D construction/survival game with mechanical steam-powered machines. You are stranded on a strange and forbidding planet, where survival is made difficult by hostile animals and plant life. From your home world you did bring a multitool, which is able to craft any kind of machine part - provided the requisite rawmaterials can be found. Relying solely on the technology you brought, you set out to explore a whole world. You can progress through the game by acquiring new types of steam-powered technology elements, that are necessary to delve deeper into the diverse biomes of the planet, and perhaps, ultimately, discover the means to escape. You can construct any kind of machine of your own design - and any kind of machine can be simulated by the game's physics engine - and of course, designs can be shared with your friends.
  • ResoTher Pharma — ResoTher Pharma is a privately held biotechnology company located in Copenhagen, Denmark. The company is focused on developing peptide-based drugs derived from the endogenous immunomodulator Annexin 1A as resolution therapy for diseases where neutrophil-driven inflammation plays a key pathological role.
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Lind og Risør
VC Fund · Taastrup, Hovedstaden, Denmark · 1 investments in Denmark B2B startups

Lind og Risør er en full-service bygge- og arkitekt virksomhed grundlagt i 1980.

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Investment focus

  • Industry: B2B, SaaS, Software
  • Stage:Series A, Series B
  • Geography: Denmark

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Worksome — Worksome is the fastest way to manage independent talent at scale, and the only solution to centralize, classify, contract and pay - all in one modern flow.
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Mikoha Holding
VC Fund · 1 investments in Denmark B2B startups

Mikoha Holding

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Investment focus

  • Industry: B2B, SaaS, Hospitality
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • UnitPal — The complexity of hotel property management & revenue management made simple.UnitPal works for all accommodation, whether you have a few or more rooms, never used a hotel management system before or tried them all. No installations needed, no manuals to read. Create your beds, rooms, prices and packages, and you’re all set to makereservations, send confirmations, check-in guests and issue invoices. UnitPal systematizes and organises the activities of the hotel, and provides management overview of activities at any time, from anywhere.UnitPal tracks and displays past, present and future data of your hotel, needed for making decisions to ensure selling the right product to the right customer, at the right time to the right price.
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Vendep Capital
VC Fund · Espoo, Southern Finland, Finland · 1 investments in Denmark B2B startups, 6 in the past 12 months

We back early-stage B2B SaaS founders in the Nordics & Baltics with capital, expertise, and long-term partnership. See how we invest and support growth.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Finland, United States, Denmark

Investor stats

  • Total investments: 55
  • Round size: Seed $823k–$5.4M; Series A $3.9M–$13M; Venture - Series Unknown $1.4M–$13M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely actively investing — fresh fund, raised $93M in 2025

Portfolio highlights

  • Complir — Complir's AI agents map product data, analyse compliance risks, generate documentation and track regulations across every market you sell in.
  • GitHits — Code context layer for coding agents. Version-aware index for agents to search, navigate, and inspect open-source code.
  • EnforceShield — EnforceShield provides an agentic AI system designed to identify and eliminate stolen or misused content.
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Compounding Capital
VC Fund · 1 investments in Denmark B2B startups

Compounding Capital is the family office of Kasper Grundtvig Knokgaard & family that invests in B2B SaaS businesses.

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Investment focus

  • Industry: SaaS, Software, B2B
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 3
  • Round size: Seed $876k–$4.6M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Arkyn — Make SAP maintenance simpler with Arkyn's FastApp Suite for planning, work execution, and insights. Pre-built SAP PM/CS coverage and go live in 2 to 6 weeks.
  • Unioo — Unioo is a board portal that develops tools and software solutions to revolutionize and manage organizations and volunteer work.
  • proprty.ai — proprty.ai is a European PropTech company building domain-specific AI for data-driven building maintenance and portfolio planning.The platform helps property owners and asset managers turn fragmented building data into prioritized maintenance plans across entire portfolios, supporting long-term planning, capital allocation, and risk management.Today, many maintenance decisions are still based on manual assessments, disconnected systems, and short-term priorities. This leads to unplanned repairs, inefficient CAPEX allocation, and limited transparency across portfolios. At the same time, buildings represent a significant share of CO₂ emissions, making maintenance and energy performance a growing financial and regulatory concern.proprty.ai addresses this by using predictive models to estimate the condition and remaining lifespan of building components, and combining this with public building registers and portfolio data. This creates a continuously updated foundation for prioritizing maintenance, allocating capital, and managing long-term risk.The platform enables property owners to move from reactive repairs to structured, preventive maintenance based on clear priorities rather than ad hoc decisions, while aligning financial, operational, and sustainability goals.The company works with municipalities, social housing organisations, and professional property investors across Northern Europe, including Denmark, Germany, Norway, and Switzerland.
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Octopus Ventures
VC Fund · London, England, United Kingdom · 1 investments in Denmark B2B startups

We provide venture capital investment for the people, ideas and industries that will change the world. Learn about what we do and the kind of founders we back.

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Series A, Seed, Series B
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 440
  • Round size: Seed $2.1M–$12M; Series A $3.8M–$22M; Series B $8M–$43M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: May invest from a new fund soon — raised $108M in 2019

Portfolio highlights

  • Grasp — Grasp is the world's first AI analyst for finance professionals. Our AI analyst automates company and market research for investment banks, private equity firms, and management consulting firms across the world.
  • Metris Energy — The AI-native operating system for renewable energy.
  • Monkey Bizness — Monkey Bizness is the largest provider of indoor family entertainment centres in the UK. Each centre includes a children's soft play area and is designed to provide a safe, clean and fun environment in which parents and children can feel comfortable. Monkey Bizness' centres provide a setting that encourages children to express themselvesthrough creativity and play as well as providing fresh and nutritious food to keep kids happy and healthy.Monkey Bizness currently has centres in eight locations: Lewes, Gosport, Poole, Sheffield, Stevenage, Hull Edinburgh and Glasgow.
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Ada Ventures
VC Fund · London, England, United Kingdom · 1 investments in Denmark B2B startups

Ada Ventures is a pre-seed inclusive venture capital firm that invests in the best, not just the best-connected. They find and fund the Ada Lovelaces of today. Backing European founders building businesses for a better human future. They invest £250K - £1M in technology companies across climate equity, economic empowerment and healthy ageing. Adainvests in purpose-led founders building for markets that are large, untapped and growing. Their approach drives outperformance, which they call Inclusive Alpha®.

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, Denmark, Ireland

Investor stats

  • Total investments: 81
  • Round size: Seed $1.3M–$8M; Pre-Seed $507k–$1.5M; Series A $10M–$41M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $81M in 2024

Portfolio highlights

  • InTouchNow — InTouchNow provides outsourced multi-channel answering services.
  • Interfaze — JigsawStack provides fine-tuned custom models that do the heavy lifting for APIs in every tech stack and helps ship faster.
  • AcouBatt — AcouBatt uses acoustic sensors and AI to monitor internal battery activity.
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Clausen Engineering
VC Fund · 1 investments in Denmark B2B startups

Clausen Engineering provides architectural and engineering design services.

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Investment focus

  • Industry: B2B, Apps, SaaS
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Hococo — All-in-one service and communication platform that changes the way real estate professionals engage, operate and nurture tenant relationships.
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Angular Ventures
VC Fund · London, England, United Kingdom · 1 investments in Denmark B2B startups, 8 in the past 12 months

Angular Ventures is a specialist venture capital firm committed to founders redefining global markets.

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Israel, United States, United Kingdom

Investor stats

  • Total investments: 76
  • Round size: Seed $2.3M–$8.3M; Pre-Seed $622k–$3.1M; Series A $7M–$45M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Medida AI — Medida is an AI virtual measuring system that provides accurate digitized measurements for home renovation companies.
  • Reco — SaaS Security Leverage Reco's context analysis to streamline SaaS security, minimize data and identity risk, and automate remediation
  • groundcover — Instantly pinpoint bleeding issues in production & troubleshoot quickly with groundcover. All with zero code changes.
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B2B VC funding in Denmark at a glance

Stats across 58 deals from 72 investors.

72
investors
in Denmark B2B startups
58
deals
in Denmark B2B startups
$1.9M
median round
in Denmark B2B startups
61%
lead investors
lead at least one round
33%
Pre-Seed
most common funding stage

Access all 72 VC funds in Denmark B2B startups.

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