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Top 20 Fitness Startup Investors in Denmark (September 2026)

The most active venture capital funds and angel investors investing in Denmark Fitness startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Denmark Fitness startup companies. Find investors to raise a Seed, Series A or Venture - Series Unknown round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
PSV
VC Fund
3 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $307k–$4.6M
Seed Capital
VC Fund
3 Denmark, United States, United Kingdom Seed, Series A Software, Health Care, SaaS $549k–$17M
Magenta Partners
VC Fund
1 United Kingdom, Spain, Denmark Venture - Series Unknown, Private Equity, Series A Payments, Financial Services, Music
Phoenix Group
VC Fund
1 Israel, Denmark Series B, Venture - Series Unknown Retail, Fitness, Software
Santo Venture Capital
VC Fund
1 Germany, Denmark, Finland Series A, Series B, Venture - Series Unknown Software, Health Care, Apps $2.5M–$131M
HMW Innovations AG
VC Fund
1 Denmark, Germany Series A, Series D Apps, Fitness, mHealth
Magnus Kjøller
Angel
1 Denmark, United States Seed, Angel Mobile, Banking, Finance $120k–$1M
Eric Peterson
Angel
1 Denmark Angel Beauty, Fitness, Health Care
Tommy Gundelund Jespersen
Angel
1 Denmark Angel Beauty, Fitness, Health Care
Seier Capital
VC Fund
1 Denmark, Switzerland, United Kingdom Seed, Pre-Seed, Venture - Series Unknown Blockchain, Information Technology, FinTech $50k–$7M
MD Finn Johannsen
Angel
1 Denmark Seed Fitness, mHealth, Health Care
MD Pierre Schydlowsky
Angel
1 Denmark Seed Fitness, mHealth, Health Care
Spintop Ventures
VC Fund
1 Sweden, Finland, Norway Seed, Series A Software, Information Technology, SaaS $907k–$11M
Dreamcraft Ventures
VC Fund
1 Denmark, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $500k–$16M
CVX Ventures
VC Fund
1 Denmark, Sweden, Norway Seed, Pre-Seed, Angel Manufacturing, SaaS, Gaming $44k–$5.5M
Promentum Equity Partners
VC Fund
1 Denmark, Norway Seed, Venture - Series Unknown, Series A Software, Information Technology, Artificial Intelligence $1.1M–$6M
Digital Health Ventures
VC Fund
1 Germany, Denmark, France Seed, Series A, Series B Health Care, Fitness, Wellness $2.3M–$12M
PHOENIX group
VC Fund
1 Denmark Venture - Series Unknown Fitness, Wellness, Health Care
MIG Capital
VC Fund
1 Germany, France, Austria Series A, Series B, Seed Biotechnology, Health Care, Software $1.3M–$60M
Carl Westin
VC Fund
1 Sweden, Denmark Pre-Seed, Venture - Series Unknown Fitness, Wellness, Analytics
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Investor list

PSV
VC Fund · Lyngby, Hovedstaden, Denmark · 3 investments in Denmark Fitness 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, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Denmark, United States, United Kingdom

Investor stats

  • Total investments: 153
  • Round size: Seed $500k–$4.6M; Pre-Seed $307k–$2.5M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $64M in 2020

Portfolio highlights

  • Jabbr — Jabbr allows to capture boxing matches with a virtual video production.Its goal is to make video production and advanced performance analytics in combat sports available to anyone with a smartphone.
  • eloomi — eloomi is an LMS platform for your workplace to train, retain & engage employees. Explore impactful learning & development today.
  • Acodyne — Heavy-lift eVTOL cargo UAVs. Heavy payloads, high speed, autonomous flight.
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Seed Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Fitness 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, SaaS
  • Stage:Seed, Series A
  • Geography: Denmark, United States, United Kingdom

Investor stats

  • Total investments: 198
  • Round size: Seed $549k–$5.5M; Series A $3.8M–$17M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $74M in 2021

Portfolio highlights

  • 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.
  • Odendo — On Odendo you can make a great deal on exciting products while supporting a good cause
  • Asante Solutions — Asante Solutions was founded more than a decade ago in Denmark. While there, they developed close relationships with a select group of European-based venture capitalists. Backed with venture seed money, they began early stage development of an insulin delivery device that would ultimately become their first product - the Pearl Insulin Pump.
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Magenta Partners
VC Fund · London, England, United Kingdom · 1 investments in Denmark Fitness startups

Partners for Entrepreneurs

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Investment focus

  • Industry: Payments, Financial Services, Music
  • Stage:Venture - Series Unknown, Private Equity, Series A
  • Geography: United Kingdom, Spain, Denmark

Investor stats

  • Total investments: 7
  • Lead/follow: 57% lead, 43% follow

Portfolio highlights

  • Motosumo — The Motosumo mission is to empower our members to lead happier and healthier lives with interactive, community-based, and instructor-driven indoor cycling workouts they can enjoy for free.
  • Voly — Voly is a financial management solution that provides APA management,payment platform,treasury management, and security services.
  • The North American Guitar — Official Twitter account for The North American Guitar - the home of the world's finest guitars.
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Phoenix Group
VC Fund · Mannheim, Baden-Wurttemberg, Germany · 1 investments in Denmark Fitness startups

The PHOENIX group is a leading healthcare provider in Europe. Our 40,000 employees thus make an important contribution to comprehensive healthcare.

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Investment focus

  • Industry: Retail, Fitness, Software
  • Stage:Series B, Venture - Series Unknown
  • Geography: Israel, Denmark

Investor stats

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

Portfolio highlights

  • Avo — Avo helps organizations connect, recognize and engage their employees
  • Practio — Practio build digital health solutions that give consumers better access to quality healthcare services.
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Santo Venture Capital
VC Fund · Holzkirchen, Bayern, Germany · 1 investments in Denmark Fitness startups

Santo Venture Capital GmbH is a venture capital firm founded in 2011 and which operates as a subsidiary of ATHOS Service Gmbh.

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Investment focus

  • Industry: Software, Health Care, Apps
  • Stage:Series A, Series B, Venture - Series Unknown
  • Geography: Germany, Denmark, Finland

Investor stats

  • Total investments: 16
  • Round size: Series A $2.5M–$131M; Venture - Series Unknown $5.6M–$13M
  • Lead/follow: 56% lead, 44% follow

Portfolio highlights

  • IQM Quantum Computers — IQM is the leading European quantum hardware company in superconducting circuits. We build quantum computers.
  • Liva Healthcare — Liva Healthcare offers evidence-based digital health coaching to manage and prevent chronic conditions like Type 2 diabetes, obesity, and cardiovascular diseases. Our personalized programs combine digital tools and human support to drive sustainable lifestyle changes. Trusted by NHS and global partners.
  • Siam Digital Lending — Over a million Thais have visited Siam Digital Lending's (SDL) award-winning application to apply for personal loans in Thailand. SDL is an agentic-AI first lender using AI to power lending decisions in minutes. The company is committed to reducing borrowing costs and hurdles for underbanked people in Thailand. They are fully licensed withboth personal loan and nano loan licenses under the supervision of the central Bank of Thailand.
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HMW Innovations AG
VC Fund · Pullach Im Isartal, Bayern, Germany · 1 investments in Denmark Fitness startups

HMW Innovations AG is a German investment company focused on the medical technology and biotechnology markets.

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Investment focus

  • Industry: Apps, Fitness, mHealth
  • Stage:Series A, Series D
  • Geography: Denmark, Germany

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sovicell GmbH — Sovicell is dedicated to providing trusted state-of-the-art ADMET (Absorption, Distribution, Metabolism, Excretion and Toxicology) products and services that enable their customers to rapidly obtain accurate and reproducible pharmacokinetic data about their drug candidates or other test substances.
  • Liva Healthcare — Liva Healthcare offers evidence-based digital health coaching to manage and prevent chronic conditions like Type 2 diabetes, obesity, and cardiovascular diseases. Our personalized programs combine digital tools and human support to drive sustainable lifestyle changes. Trusted by NHS and global partners.
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Magnus Kjøller
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Denmark Fitness startups

Entrepreneur-turned-investor

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Investment focus

  • Industry: Mobile, Banking, Finance
  • Stage:Seed, Angel
  • Geography: Denmark, United States

Investor stats

  • Total investments: 8
  • Round size: Seed $120k–$1M; Angel $215k–$447k
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • GroupCam — GroupCam is the first of its kind camera sharing app. We share cameras to avoid the sharing hassle.
  • Billy App — Billy is a hassle-free business finance software for non-accountants. With features like a double-entry bookkeeping system, intuitive user interface and simple yet helpful tools for business growth, their easy-to-use platform helps small services businesses save time and make more money.
  • Betterbooqr — betterbooqr is your preferred agent when dealing with flash sales partners. We are your sole provider of access to partners all over Europe. We are your independent expert and with us your hotel is in safe hands.
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Eric Peterson
Angel · 1 investments in Denmark Fitness startups

Vice President – International Operations & Innovation Manager @ Corporater

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Investment focus

  • Industry: Beauty, Fitness, Health Care
  • Stage:Angel
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • TwinBody — At Twinbody they want to make you feel great about your body as well as your body progress. They want to give you a platform that facilitates both the support and knowledge to achieve a healthy, pleasant and efficient weight loss matched with your body goals.
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Tommy Gundelund Jespersen
Angel · 1 investments in Denmark Fitness startups

Tommy Gundelund Jespersen

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Investment focus

  • Industry: Beauty, Fitness, Health Care
  • Stage:Angel
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • TwinBody — At Twinbody they want to make you feel great about your body as well as your body progress. They want to give you a platform that facilitates both the support and knowledge to achieve a healthy, pleasant and efficient weight loss matched with your body goals.
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Seier Capital
VC Fund · Berne, Bern, Switzerland · 1 investments in Denmark Fitness startups

Seier Capital is a private investment fund owned 100% by Lars Seier Christensen.

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Investment focus

  • Industry: Blockchain, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Denmark, Switzerland, United Kingdom

Investor stats

  • Total investments: 42
  • Round size: Seed $800k–$7M; Pre-Seed $50k–$1.2M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Entravel — Market leading hotel distribution API & room mapping. Agentic interface for AI agents. Turnkey hotel booking white labels for businesses.
  • Kin, Personal AI — Get inspired, talk things through, navigate situations or get personalized guidance with Kin. Built for privacy, security, and with memory in mind.
  • Blue Cell Therapeutics — Blue Cell Therapeutics is a biotechnology company developing novel stem cell therapies to cure chronic diseases including erectile dysfunction and lymphedema using specific stem cell types. The company aims to translate knowledge from basic science and animal experiments into novel treatments for chronic diseases using specific stem cell typesincluding the so-called Blue Cells which are a subset of ADRCs with angiogenic and regenerative properties.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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MD Finn Johannsen
Angel · 1 investments in Denmark Fitness startups

MD Finn Johannsen

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Investment focus

  • Industry: Fitness, mHealth, Health Care
  • Stage:Seed
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Injurymap — Injurymap is an exercise app that helps you recover from muscle and joint pain. The app adjusts your exercise plan according to your specific needs.
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MD Pierre Schydlowsky
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Fitness startups

MD Pierre Schydlowsky

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Investment focus

  • Industry: Fitness, mHealth, Health Care
  • Stage:Seed
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Injurymap — Injurymap is an exercise app that helps you recover from muscle and joint pain. The app adjusts your exercise plan according to your specific needs.
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Spintop Ventures
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Denmark Fitness startups

Founded in 2009, Spintop Ventures is a venture capital firm backed by a network of successful tech entrepreneurs who have invested in Spintop alongside institutional investors, family offices and some of the most experienced private investors in early stage growth companies.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Sweden, Finland, Norway

Investor stats

  • Total investments: 74
  • Round size: Seed $907k–$5.8M; Series A $1.7M–$11M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — raised $94M in 2022

Portfolio highlights

  • Velatir — Velatir helps you stay in control of AI decisions. With real-time monitoring, AI risk scoring, we make responsible, transparent AI easy.
  • Incredible — Talk to your apps and automate tasks
  • Solace Care — Solace Care offers AI-powered end-of-life planning and loss support, integrated with insurance and workplace benefits.
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Dreamcraft Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Fitness startups

Seed-to-A engineers. We invest in techdriven companies in the Nordics and Europe.

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Investment focus

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

Investor stats

  • Total investments: 51
  • Round size: Seed $1M–$4.3M; Pre-Seed $500k–$3.1M; Series A $10M–$16M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • ParlayX — ParlayX is a non-custodial institutional trading infrastructure built for prediction markets.
  • Zellify — Create high-converting onboarding flows outside the App Store. Launch no-code funnels, run A/B tests, and turn web traffic into mobile subscriptions
  • Pie Systems — Pie Systems - Easy tax free shopping and VAT refunds for merchants, business owners, travelers, and tourists through our web, iOS, and Android Pie VAT app. No forms, no waiting in line, and higher refunds.
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CVX Ventures
VC Fund · Köpenhamn, Vasternorrlands Lan, Sweden · 1 investments in Denmark Fitness 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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Promentum Equity Partners
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Fitness startups

Promentum Equity Partners was founded on the vision of building outstanding technology businesses. We back ambitious entrepreneurs in making real and lasting impact with their business ideas. We invest in companies with strong value propositions, significant market potential, and passionate entrepreneurs.We invest at growth stage in kick-asssoftware start-ups within the technology space.

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Investment focus

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

Investor stats

  • Total investments: 10
  • Round size: Seed $1.1M–$1.5M; Series A $1.5M–$6M; Venture - Series Unknown $1.8M–$2.5M
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • AskCody — Meeting Management for the modern workplace. #ModernWorkspace #ModernOffice #MeetingManagement
  • Motosumo — The Motosumo mission is to empower our members to lead happier and healthier lives with interactive, community-based, and instructor-driven indoor cycling workouts they can enjoy for free.
  • FarmBackup — FarmBackup is the worlds first online marketplace for on-demand farming.Launched in Denmark October 2015 - see farmbackup.dkLaunched in the UK July 2017 - see farmbackup.co.ukLaunched in New Zealand May 2018 - see farmbackup.co.nzIn May 2019 we launched a task management solution on top of our marketplace. This solution is called FarmBackupTask, and it is tailored to suit the need of both farmers and agricultural contractors - see farmbackup.com
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Digital Health Ventures
VC Fund · Berlin, Berlin, Germany · 1 investments in Denmark Fitness startups

Digital Health Ventures (DHV) is a sector-focused Venture Capital Fund based in Berlin. They are experienced early-stage investors with a track record that includes several strong European healthcare innovators. Our mission is to build a sustainable Digital Health ecosystem. They actively support portfolio entrepreneurs and leverage our networks intech and healthcare. They work together closely and find joint solutions. They invest in startups which will play a significant role in healthcare and that want a strong partner during this journey.

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Investment focus

  • Industry: Health Care, Fitness, Wellness
  • Stage:Seed, Series A, Series B
  • Geography: Germany, Denmark, France

Investor stats

  • Total investments: 9
  • Round size: Seed $2.3M–$2.5M; Series A $9M–$12M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Wefight — Wefight is an open door for patients treated outside clinical settings. It makes it possible to offer services and facilitates the collect of data in real life. Our goal: to secure patients at home and save time for care teams.
  • Handl Health — Making healthcare price transparency simple, insightful and actionable.
  • Liva Healthcare — Liva Healthcare offers evidence-based digital health coaching to manage and prevent chronic conditions like Type 2 diabetes, obesity, and cardiovascular diseases. Our personalized programs combine digital tools and human support to drive sustainable lifestyle changes. Trusted by NHS and global partners.
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PHOENIX group
VC Fund · Mannheim, Baden-Wurttemberg, Germany · 1 investments in Denmark Fitness startups

PHOENIX group is a healthcare provider.

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Investment focus

  • Industry: Fitness, Wellness, Health Care
  • Stage:Venture - Series Unknown
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Practio — Practio build digital health solutions that give consumers better access to quality healthcare services.
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MIG Capital
VC Fund · München, Bayern, Germany · 1 investments in Denmark Fitness startups

MIG Capital is one of the leading German VC Investors. We invest in European Deep Tech and Life Sciences from early to late stage (Seed, Series A, and beyond). We use investments to shape a better tomorrow, today. Our team currently manages 17 MIG public venture capital funds regulated by BaFin, the German financial markets authority. These fundsoperate with more than EUR 1.2 billion capital committed by >60,000 private investors across Germany and Austria.Today, our portfolio consists of 30 companies.

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Investment focus

  • Industry: Biotechnology, Health Care, Software
  • Stage:Series A, Series B, Seed
  • Geography: Germany, France, Austria

Investor stats

  • Total investments: 98
  • Round size: Seed $1.3M–$13M; Series A $2.2M–$40M; Series B $1.7M–$60M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: May invest from a new fund soon — raised $76M in 2014

Portfolio highlights

  • NcodiN — The High Performance Computing (HPC) and ArtificiaI Intelligence (AI) era requires unprecedented computing capabilities. With this in view, industry is heading towards zettascale supercomputers, based on >100k processing units. Chiplets-based disaggregated processors and memory-centric computing architectures are taking over and require an ever more intensive communication between dies. Thus, today interconnect bottleneck is the main
  • GlassPoint Solar — GlassPoint provides solar steam generators to the oil and gas industry for applications such as Enhanced Oil Recovery. It replaces gas-fired steam generation with solar, GlassPoint can reduce EOR gas consumption by up to 80 percent. The company was founded in 2008 and headquartered in Fremont, California.
  • Zadient Technologies — Zadient produces semiconductor manufacturing materials that are critical for the entire silicon carbide (SiC) value chain
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Carl Westin
VC Fund · 1 investments in Denmark Fitness startups

Carl Westin is an international investment company with a focus on digital health.

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Investment focus

  • Industry: Fitness, Wellness, Analytics
  • Stage:Pre-Seed, Venture - Series Unknown
  • Geography: Sweden, Denmark

Investor stats

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

Portfolio highlights

  • Causiq — Causiq combines data science with the principles of marketing mix modeling while unifying teams with a single source of truth, across online and offline.
  • Practio — Practio build digital health solutions that give consumers better access to quality healthcare services.
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Fitness Investor funding in Denmark at a glance

Stats across 26 deals from 32 investors.

32
investors
in Denmark Fitness startups
26
deals
in Denmark Fitness startups
$588k
median round
in Denmark Fitness startups
50%
lead investors
lead at least one round
27%
Seed
most common funding stage
84/16
VC / Angel
share of investor count

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