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Top 50 Hardware Startup Investors in Denmark (August 2026)

The most active venture capital funds and angel investors investing in Denmark Hardware startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Denmark Hardware startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Vaekstfonden
VC Fund
20 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $384k–$5.3M
PSV
VC Fund
17 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $353k–$4.6M
CVX Ventures
VC Fund
10 Denmark, Sweden, Norway Seed, Pre-Seed, Angel Manufacturing, SaaS, Gaming $44k–$5.5M
People Ventures
VC Fund
9 Denmark, Sweden, United States Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $1M–$21M
Antler
VC Fund
7 Singapore, Australia, United Kingdom Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
VF Venture
VC Fund
7 Denmark, United Kingdom, Iceland Seed, Series A Software, SaaS, Biotechnology $1.2M–$22M
Seed Capital
VC Fund
6 Denmark, United States, United Kingdom Seed, Series A Software, Health Care, SaaS $549k–$17M
Innovation Fund Denmark
VC Fund
6 Denmark, United States Grant, Pre-Seed, Seed Software, Biotechnology, SaaS $35k–$1.6M
Export and Investment Fund
VC Fund
6 Denmark, United States, United Kingdom Seed, Series A Software, Biotechnology, Health Care $457k–$43M
Seraphim Space
VC Fund
5 United Kingdom, United States, Italy Seed, Series A Aerospace, Software, Information Technology $917k–$30M
West Hill Capital
VC Fund
4 United Kingdom, Denmark, Germany Series A, Seed Software, Health Care, Financial Services $2M–$15M
Sune Alstrup
Angel
4 Denmark, Sweden, Finland Seed, Pre-Seed, Angel Software, Computer Vision, Artificial Intelligence $211k–$5.5M
ACME Capital
VC Fund
3 United States, Denmark, Canada Seed, Series A, Series B Software, Health Care, Mobile $1.6M–$70M
Nordic Eye Venture Capital
VC Fund
3 United States, Denmark, India Series A, Seed E-Commerce, Software, SaaS $950k–$12M
Maersk Growth
VC Fund
3 United States, United Kingdom, Denmark Series A, Seed, Series B Logistics, Supply Chain Management, Software $1.3M–$115M
Thomas Visti
Angel
3 Denmark Angel, Grant Robotics, Software, Manufacturing
Lars Seier Christensen
Angel
3 Denmark, Switzerland, Japan Seed, Venture - Series Unknown Software, Internet, Blockchain $1.4M–$10M
Novo Holdings
VC Fund
3 United States, Denmark, United Kingdom Series A, Series B, Series C Biotechnology, Health Care, Medical $9.9M–$135M
Helge Munk
Angel
3 Denmark Seed, Angel, Series A SEO, SaaS, EdTech $917k–$2.2M
Investo Capital
VC Fund
3 Denmark, Poland Seed, Series A Sensor, Manufacturing, Medical Device $1.3M–$3.4M
North-East Venture
VC Fund
3 Denmark, United Kingdom, Germany Seed, Venture - Series Unknown Fashion, Software, E-Commerce $1.1M–$8.7M
2xN
VC Fund
3 Denmark, United States, Finland Seed, Series A, Series B Software, Information Technology, Quantum Computing $1.9M–$63M
Nicholas Francis
Angel
3 Denmark, United States Seed, Series A SaaS, Robotics, Software $983k–$8.1M
Btomorrow Ventures
VC Fund
3 United States, United Kingdom, India Series A, Seed, Series B Health Care, Wellness, Food and Beverage
byFounders
VC Fund
3 Denmark, United States, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, Health Care $800k–$65M
Heartcore Capital
VC Fund
3 Denmark, United States, Germany Seed, Series A, Series B Software, Artificial Intelligence, FinTech $1.3M–$58M
BioInnovation Institute
VC Fund
2 Denmark, Germany, Switzerland Convertible Note, Pre-Seed, Seed Biotechnology, Medical, Health Care $495k–$5.2M
Rincon Venture Partners
VC Fund
2 United States, Denmark Series A, Seed, Series B Software, SaaS, Analytics $1.5M–$25M
Astanor Ventures
VC Fund
2 United States, France, United Kingdom Series A, Seed, Series B Agriculture, Biotechnology, Food and Beverage $471k–$61M
FundersClub
VC Fund
2 United States, Canada, India Seed, Series A, Pre-Seed Software, Artificial Intelligence, SaaS $450k–$23M
Final Frontier (Space & Defence VC)
VC Fund
2 Denmark, Ukraine, Germany Seed, Pre-Seed Information Technology, Robotics, Training $1.7M–$8.5M
North Ventures
VC Fund
2 Denmark, Norway Series A, Seed Medical, Software, Health Care $1.6M–$19M
Greg Moga
Angel
2 Denmark Pre-Seed Internet, Software, Marketing $270k–$400k
Stine Molgaard Sorensen
Angel
2 Denmark Pre-Seed, Seed Robotics, Software, Health Care $174k–$1.5M
Northzone
VC Fund
2 United States, Sweden, United Kingdom Series A, Series B, Seed Software, FinTech, Information Technology $2.5M–$90M
Jesper Hart-Hansen
Angel
2 Denmark, United States, Canada Pre-Seed, Seed, Secondary Market Software, Internet, Information Technology $652k–$6M
Per Falholt
Angel
2 Denmark Pre-Seed, Series A, Seed Biotechnology, Robotics, Biopharma $5.9M–$20M
Crista Galli Ventures
VC Fund
2 United Kingdom, United States, Sweden Seed, Pre-Seed, Series A Health Care, Medical, Wellness $655k–$14M
Root Ventures
VC Fund
2 United States, Canada, Denmark Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $1.6M–$45M
Maj Invest Equity
VC Fund
2 India, Denmark, Indonesia Series C, Venture - Series Unknown, Series E Financial Services, Finance, FinTech $3M–$157M
LIFTT
VC Fund
2 Italy, United Kingdom, France Seed, Series A, Venture - Series Unknown Biotechnology, Software, Manufacturing $255k–$118M
Idinvest Partners
VC Fund
2 France, United States, Spain Series B, Series A Biotechnology, Software, Health Care $3.3M–$66M
NOON Ventures
VC Fund
2 Denmark Seed, Series A Biotechnology, AgTech, Farming $4.3M–$8.8M
Bjarke Staun-Olsen
Angel
2 Denmark, Sweden, United Kingdom Pre-Seed, Seed, Angel Artificial Intelligence, Software, FinTech $77k–$8M
Norwest Equity Partners (NEP)
VC Fund
2 United States, Canada, Denmark Private Equity, Series B Manufacturing, Health Care, Software $21M–$175M
Nordic Makers
VC Fund
2 Denmark, United States, Norway Seed, Pre-Seed, Series A Software, Information Technology, Education $270k–$14M
Mechanism Capital
VC Fund
2 United States, Singapore, Canada Seed, Series A Blockchain, Cryptocurrency, Gaming $2M–$22M
Lasse Kieffer
Angel
2 Denmark Angel Robotics, Navigation, Construction
Torben Frigaard Rasmussen
Angel
2 Denmark Angel, Seed, Series A Robotics, Consulting, Navigation
IQ Capital
VC Fund
1 United Kingdom, United States, The Netherlands Seed, Series A Software, Artificial Intelligence, Machine Learning
Access all 340 investors in Denmark Hardware startups.

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

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Investor list

Vaekstfonden
VC Fund · Hellerup, Hovedstaden, Denmark · 20 investments in Denmark Hardware 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, Pre-Seed
  • Geography: Denmark, United States, United Kingdom

Investor stats

  • Total investments: 209
  • Round size: Seed $830k–$5.3M; Pre-Seed $384k–$1.2M
  • Lead/follow: 27% lead, 73% follow

Portfolio highlights

  • Deskwolf — Desk Wolf helps SMEs to take advantage of Facebook to generate more sales, more customers, and promote their business in an efficient manner.
  • 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.
  • CrossEyes — CrossEyes is a Danish optician chain founded in Aarhus in 2010. Our frames are only available in CrossEyes stores and the designs are inspired by current trends and the Scandinavian simplicity.We believe that glasses are not just a tool to see better: They are a fashion accessory and reflects personality and individual style. We get newcollections 10-12 times annually to make sure there’s always news on the shelves – from the everyday classic Original frame to the colorful and trendy Limited.Our vision is to change the eyewear and optical world. We offer a unique customer experience through stunning eyewear, honest pricing, and legendary service. We do this by putting the customer first in every aspect of our business, as we see our customers as ambassadors for our glasses. We strive to give them the best service possible – every time.
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PSV
VC Fund · Lyngby, Hovedstaden, Denmark · 17 investments in Denmark Hardware 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: 149
  • Round size: Seed $500k–$4.6M; Pre-Seed $353k–$2.5M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $42M in 2020

Portfolio highlights

  • Woba — Woba is a SaaS aiming to support a stress-free work environment and minimise sick leave.
  • 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.
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CVX Ventures
VC Fund · Köpenhamn, Vasternorrlands Lan, Sweden · 10 investments in Denmark Hardware 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: 82
  • 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.
  • TastyUrban — TastyUrban is in the process of developing a new generation of restaurant usage and strategy.
  • SmartPlay — SmartPlay is a platform offering game marketing, development, and full game acquisition services.
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People Ventures
VC Fund · Taastrup, Hovedstaden, Denmark · 9 investments in Denmark Hardware startups

We invest ourselves and money into early-stage founders. Operational VC based in Copenhagen, backing pre-seed and seed tech companies across the Nordics.

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Investment focus

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

Investor stats

  • Total investments: 36
  • Round size: Seed $1.1M–$19M; Pre-Seed $1M–$1.6M; Series A $3.5M–$21M
  • Lead/follow: 64% lead, 36% follow

Portfolio highlights

  • Alrik — Turn your logistics into a competitive advantage and take control of your emissions. We help building material suppliers revolutionize their workflows.
  • Passendo — Passendo is the leading email ad server and platform for publishers and advertisers: unlock new revenue with powerful targeting and delivery.
  • Pandektes — Legal Research, redefined.
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Antler
VC Fund · Singapore, Central Region, Singapore · 7 investments in Denmark Hardware 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: Singapore, Australia, United Kingdom

Investor stats

  • Total investments: 2216
  • Round size: Seed $159k–$4.6M; Pre-Seed $100k–$645k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $72M in 2024

Portfolio highlights

  • Praktiki — Praktiki is building the "Decision Layer" for medicine.While medical knowledge doubles every 73 days, frontline clinicians struggle to translate guidelines into practice. Current AI search tools excel at surfacing public data from clinical trials, but fail to capture "how" experts apply that evidence in real-world scenarios.Praktiki fills this gap. We utilise an AI Agentic Creator Engine to capture tacit specialist reasoning and fuse it with public evidence. This feeds a proprietary Expert Knowledge Graph that powers: 1) Microlearning: Case-based modules created 10x faster and which are 170% more effective than traditional education 2) AI Expert Guidance: Real-time decision support synthesising evidence with expert implementation strategies.2025 Traction - our MVP proved that solving the expertise gap drives high engagement: - Registered >10% of UK GPs - 60,000+ modules completed with an 85% completion rate - 51% month-over-month growth - Market-leading NPS of 83We are building a compounding data moat to expand beyond education into clinical intelligence and healthcare data solutions.
  • Mast — Mast is the cloud-native, fully configurable loan origination platform empowering lenders to process applications faster and smarter. We make lending better, smoother and faster.
  • Forti Foods — The mission of Forti Foods is to enhance communities and change lives beyond the plate by fostering resilience and dignity via sustainable food innovation.
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VF Venture
VC Fund · Hellerup, Hovedstaden, Denmark · 7 investments in Denmark Hardware startups

Vaekstfonden makes equity investments in Danish companies with a track record as well as in young entrepreneurial, innovative enterprises with an ambition for global growth.

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Investment focus

  • Industry: Software, SaaS, Biotechnology
  • Stage:Seed, Series A
  • Geography: Denmark, United Kingdom, Iceland

Investor stats

  • Total investments: 30
  • Round size: Seed $1.2M–$9.1M; Series A $3.5M–$22M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Rokoko — Rokoko | Affordable high-end motion capture and animation tools for body, hand, and face capture + software with native integrations for all major animation software and game engines
  • Kollektiv — Unleash your best self with tailored training plans, learning and support for running, swimming and cycling - from world-class-coaches and ex-athletes.
  • Performativ — Performativ develops modern solutions for the asset and wealth management industry. Our clients span from small investment advisors to enterprise banks.
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Seed Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 6 investments in Denmark Hardware 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: 191
  • Round size: Seed $549k–$5.2M; Series A $3.8M–$17M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $73M in 2021

Portfolio highlights

  • eloomi — eloomi is an LMS platform for your workplace to train, retain & engage employees. Explore impactful learning & development today.
  • Flatpay — Flatpay's fair, flat-rate pricing simplifies payments & cuts costs. Benefit from our comprehensive solution & superior customer service. Join us now!
  • 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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Innovation Fund Denmark
VC Fund · Copenhagen, Hovedstaden, Denmark · 6 investments in Denmark Hardware startups

Innovation Fund Denmark invests in the development of new knowledge and technology creating growth and employment in Denmark. The Fund focuses on societal challenges, strengthens research, and increases innovation commitment within private companies.The Fund provides risk capital that enables cutting-edge initiatives to achieve resultssubstantially impacting the Danish society. Innovation Fund Denmark is also responsible for the future societal partnerships, where companies, universities, and public authorities will work together on challenges facing the society today.

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Investment focus

  • Industry: Software, Biotechnology, SaaS
  • Stage:Grant, Pre-Seed, Seed
  • Geography: Denmark, United States

Investor stats

  • Total investments: 96
  • Round size: Seed $66k–$1.3M; Grant $35k–$1.2M; Pre-Seed $64k–$1.6M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Prezio — Access comprehensive electricity tariff data across Europe via one API
  • PerPlant — PerPlant gives tractors the ability to see every plant. AI-powered cameras that cut input costs by 50% on average.
  • SureShot — SureShot empowers you and your audience to become video co-creators. With our cutting-edge AI, capture, edit, and share electrifying videos that amplify the essence of every event.
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Export and Investment Fund
VC Fund · Hellerup, Hovedstaden, Denmark · 6 investments in Denmark Hardware startups

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
  • Geography: Denmark, United States, United Kingdom

Investor stats

  • Total investments: 136
  • Round size: Seed $457k–$11M; Series A $5.9M–$43M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • EvodiaBio — EvodiaBio is a bio-industrial firm that creates natural, sustainable scents for the food and beverage industries. Founded in 2021 and is based in Copenhagen, Capital Region.
  • MATR Foods — MATR Foods is a food-tech startup that provides fungi-based food ingredients offering dishes produced from fungi like mushrooms, vegetables, and fruits.
  • VentriJect — VentriJect is a is a research facility that incorporates measuring cardiorespiratory fitness into everyone's checkup. They estimate respiratory fitness, which is a simple process. As a health indicator, people can increase their cardiorespiratory fitness. They have compiled a list of some of the other pertinent articles that relate to thesignificance of VO2-max measurement.
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Seraphim Space
VC Fund · London, England, United Kingdom · 5 investments in Denmark Hardware startups

Seraphim Capital is dedicated to financing the growth of companies operating in the space ecosystem. They are an ambitious team with a wide variety of backgrounds and experiences in Venture. Collectively they have over 100 years’ experience, investing in over 180 early and growth stage businesses, returning more than £750 million to theirshareholders.They are also fortunate to have one of the world's leading entrepreneurs and experts in Earth Observation on board. They work closely with their portfolio companies and always strive to create meaningful value and endeavour to ensure that the full value of their network and partners is utilised.The backing of leading global corporates in the Space sector and the leading Space related Governmental Agencies in the UK and Europe brings significant value. They are able to leverage their capital, industry leading knowledge and networks, creating an ecosystem that delivers real results for your business. From roots to market, sales and marketing, partnerships, follow-on capital, and M&A they can deliver value creation across the company growth cycle globally.

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Investment focus

  • Industry: Aerospace, Software, Information Technology
  • Stage:Seed, Series A
  • Geography: United Kingdom, United States, Italy

Investor stats

  • Total investments: 188
  • Round size: Seed $917k–$9.7M; Series A $2.6M–$30M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • aXenic — aXenic are leaders in optical modulators for satellite and aerospace communications.
  • Adaptive insurance — Adaptive insurance, which begins with parametric insurance, seeks to transform how companies develop financial resilience in the face of weather-related and climate-related events. By combining our cutting-edge coverages, real-time climate data, and AI-driven technology, we think we can support them and show business consumers the benefits ofparametric insurance.
  • Zeno Power — Clean, plug-and-play power, anywhere in the universe.
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Access 48,091 investors

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

Browse database — It's Free!
West Hill Capital
VC Fund · London, England, United Kingdom · 4 investments in Denmark Hardware 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: Software, Health Care, Financial Services
  • Stage:Series A, Seed
  • Geography: United Kingdom, Denmark, Germany

Investor stats

  • Total investments: 60
  • Round size: Seed $2.6M–$6M; Series A $2M–$15M
  • Lead/follow: 83% lead, 17% 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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Sune Alstrup
Angel · Copenhagen, Hovedstaden, Denmark · 4 investments in Denmark Hardware startups

Tech Investor and Entrepreneur, former Founder & CEO at The Eye Tribe

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Investment focus

  • Industry: Software, Computer Vision, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Denmark, Sweden, Finland

Investor stats

  • Total investments: 17
  • Round size: Seed $211k–$5.5M; Pre-Seed $212k–$3.4M
  • Lead/follow: 6% lead, 94% follow

Portfolio highlights

  • Cavea — CAVEA.IO is providing AI based sponsorship and advertising measurement for esports and brands. We help companies make better and more informed decisions based on insights by analyzing the impact of marketing in streaming and social media. We offer authentic and lightning-fast customer support smoother than you ever expected. Working with giantslike FNATIC, ASTRALIS, and DREAMHACK - we continuously strive to become better and deliver more than anyone expects.
  • Willo — Willo is advancing and scaling true wireless power for humanity, technology, and industry. Discover the company powering the next era of energy delivery.
  • Hybird Energy — Hybird emerged from frustration with traditional electricity monitoring, which lacked detailed insights. Now, Hybird tracks electricity usage at the source level, making it easier to save energy, cut costs, and reduce your CO2 footprint—all at a comparable cost to traditional panels.Hybird offers source-level transparency in electricalconsumption, driving energy management to new levels of efficiency through enhanced control and knowledge.
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ACME Capital
VC Fund · San Francisco, California, United States · 3 investments in Denmark Hardware startups

ACME Capital is a venture capital and private equity firm that invests in breakthrough technologies that fuel platform shifts and disruptive business models that capitalize on new platforms. Its purpose is to support those founders who choose to take their capital. The firm was founded in 2018 and headquartered in San Francisco, California.

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Investment focus

  • Industry: Software, Health Care, Mobile
  • Stage:Seed, Series A, Series B
  • Geography: United States, Denmark, Canada

Investor stats

  • Total investments: 175
  • Round size: Seed $1.6M–$10M; Series A $4.4M–$30M; Series B $15M–$70M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: Likely still investing — raised $300M in 2022

Portfolio highlights

  • Plot — We power the best creative teams to help streamline creative development and cross-collaborate in one source of truth.
  • NexGenT — Launch Your IT Career in Networking or Cyber Security Online With Our Military Grade Inspired Next Generation Training Programs. Go From Zero To Engineer within 6 months! Zero Up Front Tuition Options Available!
  • Doctor On Demand — 24/7 Online doctors are available. Same week mental health appointments for therapy and psychiatry.
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Nordic Eye Venture Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Hardware startups

International venture capital firm based in Copenhagen. We come from the North, but we work in the world. We are Fiftyfive Capital.

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Investment focus

  • Industry: E-Commerce, Software, SaaS
  • Stage:Series A, Seed
  • Geography: United States, Denmark, India

Investor stats

  • Total investments: 37
  • Round size: Seed $950k–$6M; Series A $1.5M–$12M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Govly — Govly is building a market network for government contracting, like AngelList for government procurement. Govly connects OEMs, VARs, and prime contract holders in a single network, with real-time opportunities from non-public contract feeds and a suite of tools to streamline the bidding process from discovery to award.Govly empowers businesses bytapping into government opportunities allowing them to monitor, curate, and analyze the federal procurement ecosystem and focus on the opportunities that give the best chance of success.
  • Freightify — Integrated platform for freight rate management, sailing schedules, and freight quotes. Easy rate search to customer management. All in one dashboard.
  • Provenance — Provenance is a software solution for sustainability communications and supply chain transparency.
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Maersk Growth
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Hardware startups

Integrated logistics company and global leader in container shipping.

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Investment focus

  • Industry: Logistics, Supply Chain Management, Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Denmark

Investor stats

  • Total investments: 88
  • Round size: Seed $1.3M–$4.8M; Series A $10M–$22M; Series B $10M–$115M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Vertoro — Vertoro transforms woody and agricultural residues into a wide range of bio-based chemicals, materials, and fuels.
  • Clockwork Logistics Systems — Intelligent Delivery Automation for the Global Supply Chain - Clockwork digitizes processes and extend existing systems into the people who do work to deliver goods across the global supply chain through a software only digital platform.
  • Kvasir Technologies — Imagine a world without fossil fuelsThis is where we come in! We have invented a solution that makes this possible already in 2050.
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Thomas Visti
Angel · Odense, Syddanmark, Denmark · 3 investments in Denmark Hardware startups

Thomas Visti - CEO @ Mobile Industrial Robots

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Investment focus

  • Industry: Robotics, Software, Manufacturing
  • Stage:Angel, Grant
  • Geography: Denmark

Investor stats

  • Total investments: 7
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rokoko — Rokoko | Affordable high-end motion capture and animation tools for body, hand, and face capture + software with native integrations for all major animation software and game engines
  • Unicontrol — Unicontrol is a developer of a 3D machine control system for all types of excavators. Unicontrol is a manufacturer of a simple 3D-GPS machine control system for all types of excavators. We are here to prove that machine control can be made simple.
  • BlueKey — BlueKey is a software developer of a solution that aims to deliver, structure, and automate the world's shipping data, reliably and easily. The platform gathers valuable data in one place so that shipping companies and charterers in the dry cargo industry can hit the competitive price, quality, and speed of deliveries.
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Lars Seier Christensen
Angel · Jonschwil, Ausser-Rhoden, Switzerland · 3 investments in Denmark Hardware startups

Lars seier Christensen is the chief executive officer of Saxo Bank, an online trading and investment specialist that enables clients to trade forex, CFDs, stocks, futures, options, and other derivatives.

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Investment focus

  • Industry: Software, Internet, Blockchain
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, Switzerland, Japan

Investor stats

  • Total investments: 12
  • Round size: Seed $1.7M–$4M; Venture - Series Unknown $1.4M–$10M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Paperflow — Paperflow is a company that developed a cloud-based system that, using artificial intelligence, scans and handles vouchers such as receipts or invoices so that the manual posting is done automatically.
  • Concordium — Layer-1 Proof of Stake Blockchain, sustainable and science-proven with an ID layer to ease regulatory compliance. Fast and real finality with stable and low fees. Built for Defi, NFTs, and the metaverse.
  • Wikifactory — Experience the power of our cloud PDM and collaborative CAD viewer, integrated with on-demand manufacturing. Built for engineers, designed for everyone.
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Novo Holdings
VC Fund · Hellerup, Hovedstaden, Denmark · 3 investments in Denmark Hardware startups

Novo Holdings is a world-leading life science investor with a focus on creating long-term value.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: United States, Denmark, United Kingdom

Investor stats

  • Total investments: 370
  • Round size: Series A $9.9M–$133M; Series B $12M–$135M; Series C $30M–$118M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $165M in 2018

Portfolio highlights

  • Tarveda Therapeutics — Developing Pentarins to make a difference in the treatment of patients with solid tumor malignancies
  • Tarsa Therapeutics — Tarsa Therapeutics is developing an oral formulation of calcitonin, a peptide hormone for the treatment of osteoporosis that slows the rate of bone destruction.
  • Nkarta Therapeutics — Nkarta seeks to improve upon the efficacy of cell therapy, making it more potent, better tolerated and more rapidly available to a broad population of patients with a variety of hematologic and solid tumor malignancies.While T-cell therapy, often known as CAR-T, has proven successful in certain cancer indications, its promise has been limited toa few hematologic malignancies and the side effects can be severe. Natural Killer cells are the immune system’s first responders against diseases and pathogens. Unlike T cells, they have an inherent ability to target tumor cells without genetic alteration, and therefore hold significant promise in the development of potent therapies that can be used more readily for diverse tumor types. Nkarta’s differentiated cell therapy approach is designed to boost and enhance the inherent power of Natural Killer cells to target and destroy tumor cells, while also offering a better tolerated safety profile.
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Helge Munk
Angel · Odense, Syddanmark, Denmark · 3 investments in Denmark Hardware startups

Helge Munk is a Danish entrepreneur, known for taking Athena IT-Group from the stock exchange, turned it around and sold it to Sentia in 2017.He invests through Munk Holding, a holding company with investments in 6-10 minor companies. Most of these companies are situated in the same building as Munk Holding Egelundsvej 18, Odense S, owned byEjendomsselskabet Munk.

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Investment focus

  • Industry: SEO, SaaS, EdTech
  • Stage:Seed, Angel, Series A
  • Geography: Denmark

Investor stats

  • Total investments: 4
  • Round size: Seed $917k–$2.2M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • QuadSAT — Develops radio frequency detection and geolocation payloads and software enabling electromagnetic spectrum control for defense operations.
  • Morningscore — Morningscore is a complete SEO & GEO tool to get more visits from Google and ChatGPT. Follow easy checklist. Intuitive design. 14-days free trial.
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Investo Capital
VC Fund · Aalborg, Nordjylland, Denmark · 3 investments in Denmark Hardware startups

Investo Capital is a Danish venture capital firm based in Aalborg. They invest in carefully selected Danish early-growth companies within tech business areas in the broad sense. The target group is innovative companies with proof of business, strategic thinking, and strong growth prospects in Denmark. Strategic corporate concepts and competentmanagement are essential features. The investment focus is Technology, IT, SAAS- and med-tech.

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Investment focus

  • Industry: Sensor, Manufacturing, Medical Device
  • Stage:Seed, Series A
  • Geography: Denmark, Poland

Investor stats

  • Total investments: 10
  • Round size: Seed $1.3M–$3.4M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Dryp — Dryp provides an IoT-enabled wireless sensor that collects real-time water data. By combining data science and AI, the company turns real-time data into valuable insights, wastewater into resource, and optimize city systems without leaving a climate footprint. It also helps clients to optimize water facilities by detecting leaks or monitoring howwater is being distributed across the network and allowing them to make more informed decisions about water management.The company was founded in 2019 and is headquartered in Copenhagen, Denmark.
  • VentriJect — VentriJect is a is a research facility that incorporates measuring cardiorespiratory fitness into everyone's checkup. They estimate respiratory fitness, which is a simple process. As a health indicator, people can increase their cardiorespiratory fitness. They have compiled a list of some of the other pertinent articles that relate to thesignificance of VO2-max measurement.
  • Brainreader — Brainreader was founded in 2011 as a spin-off from Aarhus University by a team of highly skilled and motivated individuals with complementary competencies dedicated to bringing our brain image analysis technology to the clinical market.Research done by The European Medicines Agency’s shows, that baseline measurement of low hippocampalvolume (i.e., atrophy) is a supportive indicator of evolution from cognitive impairment to Alzheimer´s disease and dementia. The Brainreader software is developed on the basis of such research.Brainreader wants to be a dominant player in the market for structural analysis of MRI’s. We want Neuroreader™ to be the routine tool of choice for physicians and MRI clinics all over the world when assessing structural MRI’s.Brainreader is currently bringing our new cutting-edge software tool, Neuroreader™, to the clinical market. It is our vision that Brainreader will deliver objective, precise, and personal analysis of brain scans. Ultimately increasing quality of life for the patient and significantly reducing disease-related costs for society.
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North-East Venture
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Hardware startups

North-East Venture is an international, multi-stage fund placed in Copenhagen, Denmark. The fund was launched December 1st 2013.

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Investment focus

  • Industry: Fashion, Software, E-Commerce
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, United Kingdom, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $1.1M–$2.3M; Venture - Series Unknown $1.5M–$8.7M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Rokoko — Rokoko | Affordable high-end motion capture and animation tools for body, hand, and face capture + software with native integrations for all major animation software and game engines
  • SynergyXR — SynergyXR is a no-code, cloud platform that lets companies design, onboard, sell, and support across all XR devices without writing a single line of code
  • Hyme Energy — Making green heat for industry accessible. Always. Hyme's solution supports the decarbonisation of industrial heat at large-scale.
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2xN
VC Fund · London, England, United Kingdom · 3 investments in Denmark Hardware startups

2xN operates as a venture capital firm.

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Investment focus

  • Industry: Software, Information Technology, Quantum Computing
  • Stage:Seed, Series A, Series B
  • Geography: Denmark, United States, Finland

Investor stats

  • Total investments: 35
  • Round size: Seed $1.9M–$6.9M; Series A $6.4M–$63M; Series B $15M–$50M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • Kvantify — Quantum computing will revolutionize many aspects of computing. We can help your business harness the full potential of Quantum Computing and High-Performance Computing today.
  • QSimulate — QSimulate is a simulation platform that solves pressing problems for the chemical and pharmaceutical industries. It aims to deliver best-time-to-solution algorithms to chemical and pharmaceutical industries to accelerate their computational R&D. It is headquartered in Cambridge, Massachusetts.
  • Sparrow Quantum — Sparrow Quantum, a global leader in quantum photonic chip technology. Explore innovative solutions driving advancements in quantum computing, communication, and beyond. Stay ahead with cutting-edge technologies shaping the future.
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Nicholas Francis
Angel · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Hardware startups

Nicholas Francis is based out of Copenhagen, Hovedstaden, and is the Founder of Francis Family Funds. Nicholas previously worked at framebunker as a Co-Founder.

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Investment focus

  • Industry: SaaS, Robotics, Software
  • Stage:Seed, Series A
  • Geography: Denmark, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $983k–$8.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Waterplan — Waterplan creates a water resilience planning platform for managing water availability in facilities. The company employs artificial intelligence to automatically collect operational data from businesses and combine it with local water satellite imagery to provide a real-time financial assessment of water risk and to offer modified mitigation andadaptation options.
  • Reshape Biotech — Fully digital microbiology developed by Reshape Biotech
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Btomorrow Ventures
VC Fund · London, England, United Kingdom · 3 investments in Denmark Hardware startups, 6 in the past 12 months

Btomorrow Ventures (BTV) is the corporate venturing unit of BAT. BAT is building A Better Tomorrow by reducing the health impact of its business by transforming into a truly consumer-centric multi-category CPG company. We are dedicated to partnering with ambitious and passionate entrepreneurs to realise their vision by providing a platform toenhance innovation and accelerate growth.

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Investment focus

  • Industry: Health Care, Wellness, Food and Beverage
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 44
  • Lead/follow: no public data

Portfolio highlights

  • Tru — Obsessively formulated by fusing flavor with function, each of our tasty innovations perform when you need it most. From the time you wake up until the second your head hits the pillow, we elevate every moment one sip at a time.
  • Awake Chocolate — AWAKE Chocolate combines delicious milk chocolate.
  • PHILTER Labs — Philter Labs presents an innovative smoke filter for E-Cig, Vape Pen, & CBD Pen. Filters smoke from entering shared space while you still enjoy the experience.
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byFounders
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Hardware 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, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Sweden

Investor stats

  • Total investments: 114
  • Round size: Seed $1.5M–$9.4M; Pre-Seed $800k–$4.2M; Series A $6.1M–$65M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $117M in 2021

Portfolio highlights

  • Flare — Flare builds infrastructure for a more internet by connecting real-world data with machine learning in a verifiable way.This combines human intelligence with advanced AI to improve the clarity and reliability of information.Its goal is to create a shared, high-quality knowledge foundation that helps people navigate information with confidence.
  • Verda (formerly DataCrunch) — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models
  • Spiral Hydrogen — Spiral Hydrogen's mission is to lower the price of green hydrogen below that of fossil hydrogen, so opening up an industry for decarbonization and making hydrogen transportation and heating commercially viable.
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Heartcore Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Hardware startups

Heartcore Capital invests in companies re-enchanting the world through technology.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Series A, Series B
  • Geography: Denmark, United States, Germany

Investor stats

  • Total investments: 202
  • Round size: Seed $1.3M–$12M; Series A $3.4M–$27M; Series B $9.4M–$58M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $250M in 2021

Portfolio highlights

  • Exporo — Exporo offers investors an overview of real estate projects in which they can invest easily, transparently and free of charge.The idea begins in 2013 with the realization that real estate project developers are increasingly looking for alternative sources of finance, as banks no longer finance entire projects as usual due to stricter regulation,and that private investors only have a lot of money, with good conditions and easy to invest in real estate. The result of this observation is the firm decision to develop its own online marketplace to offer real estate projects as an investment opportunity and to provide capital directly between private investors and real estate companies.Simon Brunke, Björn Maronde, Tim Bütecke and Julian Oertzen founded the online platform in 2014, they are constantly evolving and they are board members of Exporo AG. The company now employs more than 120 people and is based in Hamburg's HafenCity.
  • Perk (formerly TravelPerk) — TravelPerk offers the freedom travelers want, and the control companies need. Enjoy an industry-leading travel inventory, 24/7 support and easy booking.
  • Fast Travel Games — Fast Travel Games is a VR exclusive game developer and publisher, founded by industry leading veterans and behind acclaimed titles such as Apex Construct and Wraith: The Oblivion - Afterlife.
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BioInnovation Institute
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

BioInnovation Institute is a biotechnology startup that offers entrepreneurs and researchers in life science. Early-stage life science start-ups are supported with up to 10 million DKK in funding, business acceleration, network, labs, and office space. It helps to early-stage start-ups within human health and planetary health. The startup'smission is to use its knowledge, network, funding, and infrastructure to incubate world-class life science and catalyze the commercialization of new solutions through start-ups.BioInnovation Institute was founded in 2018 and is based in Denmark.

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Investment focus

  • Industry: Biotechnology, Medical, Health Care
  • Stage:Convertible Note, Pre-Seed, Seed
  • Geography: Denmark, Germany, Switzerland

Investor stats

  • Total investments: 92
  • Round size: Seed $532k–$1.6M; Pre-Seed $516k–$5.2M; Convertible Note $495k–$1.6M
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Visibuilt — Visibuilt develops sustainable, bio-based asphalt binders made from mycelium. Replace fossil bitumen with visiBIT.
  • Loma Therapeutics — Loma Therapeutics is developing targeted immunotherapy for the effective and safe treatment of HPV infection, dysplasia, and cancer patients.
  • metaLead Therapeutics — metaLead Therapeutics is to develop this peptide as a next-generation Pb poisoning treatment.
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Rincon Venture Partners
VC Fund · Santa Barbara, California, United States · 2 investments in Denmark Hardware startups

Rincon Venture Partners seeks to partner with extraordinary entrepreneurs and support them as they build world-class businesses. Rincon is an early-stage venture capital firm that targets investment opportunities in Web-based businesses that are led by 'serial founding teams', have proven recurring revenue models and are pursuingcapital-efficient operating plans. They typically invest in companies where initial product or service development is largely complete, and the company's forward-looking focus is on market engagement and expansion. They take an active role in guiding and supporting portfolio companies by committing resources for such activities as Board representation, providing strategic and tactical guidance, filling key management positions, facilitating subsequent financings and achieving liquidity events.

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Series A, Seed, Series B
  • Geography: United States, Denmark

Investor stats

  • Total investments: 82
  • Round size: Seed $1.5M–$4.6M; Series A $1.5M–$11M; Series B $2.3M–$25M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2014

Portfolio highlights

  • Medallia Zingle — Zingle, a Medallia company (MDLA), is a software solution that helps businesses communicate with customers via texting and other mobile messaging channels.Zingle allows businesses to engage, support, and respond to customers in the new mobile messaging era. Zingle’s cloud-based platform works on any device and provides all the software tools todeliver an instant, actionable, and seamless customer service experience.By combining the immediacy of chat with the flexibility of mobile, Zingle is enabling businesses to provide the "instant gratification" service that their customers increasingly expect across a number of industries.Zingle pioneered the business messaging space in 2009 by being the first to offer business texting on its patented platform. Today over 2,000 businesses use Zingle, including Hyatt, Whole Foods, Marriott, and ZipCar. Zingle is the only company to offer simple yet powerful technology like messaging workflow, analytics, integrations, and automation. More info: http://www.zingle.com.
  • Qordoba — WRITER is the enterprise AI agent platform trusted by Fortune 500 companies, built to help teams execute and scale on-brand, compliant work.
  • mPulse Mobile — Discover how mPulse's health experience and insights products create consumer-centric journeys for better health outcomes.
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Astanor Ventures
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 2 investments in Denmark Hardware startups

Astanor Ventures is a venture capital firm focusing on entrepreneurs regenerating the food, blue ocean economy, and agriculture sector. The firm targeting technology-enabled companies across the agri-food value chain, leveraging disruptive technologies to bring about a future of food that is nourishing, regenerative, trusted, and ultra-fresh. Itrings together capital, deep sector knowledge, and a strong network of entrepreneurs, impact investors, technologists, scientists, farmers, chefs, policymakers, and food lovers to give rise to a future of food that is nourishing, regenerative, scalable, trusted, and delicious.

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Investment focus

  • Industry: Agriculture, Biotechnology, Food and Beverage
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, United Kingdom

Investor stats

  • Total investments: 83
  • Round size: Seed $471k–$17M; Series A $8M–$34M; Series B $18M–$61M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • BioScout — Welcome to BioScout, your partner in revolutionizing the agriculture industry with cutting-edge automated disease detection technology for crop growers and viticulture.
  • Apeel Sciences — Apeel Sciences produces products including avocados, apples, mangos, cucumbers, and citrus protected by plants. They support the plant’s natural ability to protect against environmental stress by maintaining moisture and reducing oxidation.
  • RFI Ingredients — RFI Ingredients manufactures nutritional supplements, specializing in whole food nutrition and organic. American made.
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FundersClub
VC Fund · San Francisco, California, United States · 2 investments in Denmark Hardware startups

FundersClub focuses on Seed and early stage investments. Investments include Coinbase, Instacart, Flexport, Le Tote, Teespring, Memebox, GitLab.FundersClub is the world's first online venture capital platform. Backed by Y Combinator, First Round Capital, Spark Capital, Intel Capital, Draper, Andreessen Horowitz, Felicis Ventures, and more;FundersClub Inc. was founded in 2012 and is based in the United States.

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Investment focus

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

Investor stats

  • Total investments: 353
  • Round size: Seed $843k–$5.4M; Pre-Seed $450k–$1.7M; Series A $5M–$23M
  • Lead/follow: 6% lead, 94% follow
  • Last fund: May invest from a new fund soon — raised $448k in 2019

Portfolio highlights

  • Purse — The biggest challenge to Bitcoin commerce is the lack of consumer incentive to spend. Purse generates this incentive in the form of 15% discounts on Amazon. Buyers can purchase bitcoins with a credit card as easily as checking out on Amazon, thus solving the last mile problem.
  • Scape — Scape is an AI email client that proactively drafts replies and surfaces what matters. Built for professionals who live in their inbox.
  • Gecko Robotics — To collect and make useful physical data in order to protect civilization's most critical infrastructure
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Final Frontier (Space & Defence VC)
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

Final Frontier is a Nordic venture capital firm investing in visionary companies building critical space and defense technologies for a strategically independent Europe. The fund invests across the value chain, including areas such as satellite systems, propulsion, drones, cybersecurity, and autonomous platforms. Its focus is on pre-seed andseed-stage companies, with a preference for teams that have functional prototypes prepared for real-world application.

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Investment focus

  • Industry: Information Technology, Robotics, Training
  • Stage:Seed, Pre-Seed
  • Geography: Denmark, Ukraine, Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $2.1M–$8.5M; Pre-Seed $1.7M–$2.8M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • P-Secure — P-Secure is Europe's only automated platform for EU-compliant background checks. Screening employees, applicants and suppliers in minutes.
  • Dropla Tech — AI-powered UXO detection platform using robotics, sensors, and vision to ensure safe demining in conflict zones and infrastructure recovery.
  • G-Next Intelligence — G-Next Intelligence is a technology business that creates new solutions for real-time data collection, processing, and analysis. G-Next's objective is to reimagine data analysis and create solutions that increase security, accuracy, and decision-making.
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North Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

North Ventures is a venture capital firm investing in technology-driven companies from Seed to Series A in Denmark and across the Nordics.

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Investment focus

  • Industry: Medical, Software, Health Care
  • Stage:Series A, Seed
  • Geography: Denmark, Norway

Investor stats

  • Total investments: 9
  • Round size: Seed $1.6M–$6.2M; Series A $5.8M–$19M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
  • QuadSAT — Develops radio frequency detection and geolocation payloads and software enabling electromagnetic spectrum control for defense operations.
  • Cerebriu — Cerebriu is a health tech company developing machine learning in medical imaging that improves workflow efficiency and quality in radiology.Its software solution Cerebriu Apollo achieves the company's aim by automating image acquisition protocols and triage during MRI brain acquisition providing decision support at key stages of thediagnostic process. The company covers findings of the brain, starting with brain MRI, including stroke, bleeds, and tumors, following MS, dementia, and TBI in brain CT.
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Greg Moga
Angel · Seattle, Washington, United States · 2 investments in Denmark Hardware startups

Greg Moga is a Member of the Advisory Board at National Geographic.

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Investment focus

  • Industry: Internet, Software, Marketing
  • Stage:Pre-Seed
  • Geography: Denmark

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $270k–$400k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Hololink — All-in-one immersive marketing partner for brands & agencies. Spatial computing, augmented reality, experiential marketing. Agency and DIY editor.
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Stine Molgaard Sorensen
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

Stine Molgaard Sorensen is the Co-founder and COO of Radiobotics.

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Investment focus

  • Industry: Robotics, Software, Health Care
  • Stage:Pre-Seed, Seed
  • Geography: Denmark

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $174k–$1.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RiACT — Software for robots. Real-time development platform for creators and users of flexible robot applications.
  • NordInsight — Instantly access MRI safety conditions, generate CPT-code ready reports, and standardize your workflow. NordInsight empowers radiology professionals with the tools they need to ensure safe, fast, and compliant MRI scans across all implants.
  • Radiobotics — Our flagship product RBfracture is able to detect fractures in X-rays across the entire appendicular skeleton, and is MDR IIa certified. Also available: RBhip, RBknee and RBmarker
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Northzone
VC Fund · London, England, United Kingdom · 2 investments in Denmark Hardware startups

Northzone is a multi-stage venture capital firm operating across Europe and the US. Since 1996, it has backed more than 250 companies, including Spotify, Klarna, Spring Health, and Black Forest Labs.

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Investment focus

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

Investor stats

  • Total investments: 336
  • Round size: Seed $2.5M–$23M; Series A $4M–$36M; Series B $6.7M–$90M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — raised $1.2B in 2022

Portfolio highlights

  • Sqore — Smart Recruitment - Automate the process between your job ad and the first interview.Increase screening efficiencyEfficiently screen your candidates based on their skills and motivation - automagically - regardless of number of candidates.Deepen candidate engagementEngage today’s generation of candidates through rewarding experiencesand allow them to get insights into your company before the interview.Lower your hiring costsWe don't charge per candidate. Evaluate 100,000 candidates at the same cost as 100 - no need to limit yourself in the search for new talent.
  • Stream — Stream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app. The app allows them to have complete control over when they get paid. It also effectively ends the need for employee advances, loans, and employee stress suffered from short-term, unplanned financial obligations. Thecompany aims to play a key role in reducing the poverty premium and preventing employees from entering cycles of debt caused by overdraft fees, high-interest credit, or payday loans.
  • SolveAI
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Jesper Hart-Hansen
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

Jesper Hart-Hansen is Investment Director at PSV.xyz. Business Angel private Investor at Bifrost Communications ApS. Jesper Hart-Hansen received his MBA from Harvard Business School.

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Investment focus

  • Industry: Software, Internet, Information Technology
  • Stage:Pre-Seed, Seed, Secondary Market
  • Geography: Denmark, United States, Canada

Investor stats

  • Total investments: 22
  • Round size: Seed $1.2M–$6M; Pre-Seed $652k–$863k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • AXDRAFT — Automate contracts with AXDRAFT.
  • Tulip Retail — Tulip is the #1 clienteling solution for omnichannel retail. Drive world-class customer experiences, increase customer loyalty, and boost sales.
  • Bifrost Communications ApS — Bifrost Communications develops a transceiver that amplifies and separates fiber optic signals.
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Per Falholt
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

A passion and vision for chemistry and biotechnology led Per (born 1958) to Novo A/S, where he started his career as a research chemist. He subsequently held several managerial positions developing products for the detergent industry and rose to Director for Application Technology in the company’s new enzyme development division in 1995.Hemoved to Raleigh, N.C., to head the company’s U.S. application technology unit in 1997, returning to Denmark three years later as Corporate Vice President of the Enzyme Development and Application division. In April 2000, Per merged the Research and Development division into the newly formed Enzyme Business R&D.Per assumed his current position following Novozymes’ demerger from Novo Nordisk in 2000. As chief science officer, he has helped Novozymes develop a unique industrial biotechnology platform which delivers solutions to meet customer needs and support growth.Per holds a M.Sc. in Chemical Engineering from Technical University of Denmark (DTU). Committed to promoting education and research within the sciences, he was appointed Honorary Professor at DTU’s Institute for Systems Biology in 2010 and became Chairman of the Board in 2013. He is also Chairman of the Young Scientists association in Denmark.Per’s current external positions also include Chairman, DTU, board member of DHI Group, board member of ARTs Biologics A/S, and member of the Danish Council for Research Policy.

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Investment focus

  • Industry: Biotechnology, Robotics, Biopharma
  • Stage:Pre-Seed, Series A, Seed
  • Geography: Denmark

Investor stats

  • Total investments: 5
  • Round size: Series A $5.9M–$20M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Visibuilt — Visibuilt develops sustainable, bio-based asphalt binders made from mycelium. Replace fossil bitumen with visiBIT.
  • Octarine Bio — Octarine Bio is a world leading synthetic biology platform with a core mission to drive bio-based, sustainable solutions to address the most pressing planetary issues through innovation & exploration. Inspired by nature, to protect nature.
  • Synamics Therapeutics — Synamics Therapeutics uses AI and predictive modeling for precision oncology and improved drug discovery. Our adaptive medicine approach helps prolong drug effectiveness and improves outcomes for patients with intractable cancers. Learn more about Synamics Therapeutics and how we leverage AI for personalized, adaptive cancer therapies.
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Crista Galli Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

Physician-led venture capital investing in TechBio, DeepTech Healthcare, and Digital Health.

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Investment focus

  • Industry: Health Care, Medical, Wellness
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, United States, Sweden

Investor stats

  • Total investments: 37
  • Round size: Seed $960k–$8.5M; Pre-Seed $655k–$2.5M; Series A $5.7M–$14M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Jude — Science-backed food supplement that makes you feel empowered, not embarrassed.
  • Vitrue Health — At Vitrue Health, our mission is to reduce or eliminate the impact that musculoskeletal health issues have on over 40% of the population using cutting edge technology. We believe that the foundation of successful outcomes in musculoskeletal health, at every stage of the pathway, is accurate assessment. Whether it's a desk worker with early stages of neck pain or a patient having a total knee replacement, Vitrue's technology can help.
  • Collective Minds — Collective Minds develops and delivers a cloud-based collaboration platform for healthcare and research with access to data, human and digital expertise.
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Root Ventures
VC Fund · San Francisco, California, United States · 2 investments in Denmark Hardware startups

Root Ventures is a seed-stage venture capital firm that invests in technical teams working on deep tech. The firm specializes in the fields of financial services, venture capital, and investments. It was founded in 2013 and headquartered in San Francisco, California.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Denmark

Investor stats

  • Total investments: 108
  • Round size: Seed $1.6M–$8M; Series A $7.5M–$21M; Series B $20M–$45M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Illoca — illoca is an AI-native design engine built for professional architects. Explore, refine, and move from first ideas to editable 2D and 3D designs with more speed and control.
  • Okteto — Okteto gives coding agents production-like environments to verify their work. Isolated, full-stack, on your infrastructure. Tested code, not guesses
  • Volund Manufacturing — Propulsion at scale
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Maj Invest Equity
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

Maj Invest is one of Denmark’s leading asset management companies, managing assets for primarily institutional clients. The Maj Invest group was established in 2005 and is today owned by employees, management and Danish institutional investors PKA, Realdania and PBU.The group comprises six companies: Maj Invest Holding A/S,Fondsmæglerselskabet Maj Invest A/S, Maj Invest Equity A/S and three companies related to international private equity funds. Click here for more information about their legal structure.They have two main business areas: Asset Management and Private Equity.In Asset Management they provide advice on strategic asset allocation and asset management of securities listed on regulated markets for institutional clients and the mutual funds Investeringsforeningen Maj Invest in Denmark and Maj Invest Funds in Luxembourg. They also offer wealth management services to wealthy individuals, companies and funds.Their Investor Relations & Markets department primarily handles Fondsmæglerselskabet Maj Invest A/S' client relations and supplies distributors with information on Investeringsforeningen Maj Invest and Maj Invest Funds.In Private Equity they act as advisors to private equity funds on their investments in unlisted equities in Denmark and abroad. In Denmark they advise four private equity funds and provide discretionary investment advisory services to clients on private equity portfolios. In the international part of their private equity business they advise three private equity funds on their investments in Vietnam, within microfinance and within energy and fertilizers.

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Investment focus

  • Industry: Financial Services, Finance, FinTech
  • Stage:Series C, Venture - Series Unknown, Series E
  • Geography: India, Denmark, Indonesia

Investor stats

  • Total investments: 28
  • Round size: Series C $8.9M–$157M; Series E $28M–$135M; Venture - Series Unknown $3M–$74M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: May invest from a new fund soon — raised $137M in 2020

Portfolio highlights

  • Hemab — Hemab is pioneering the first preventative treatments and functional cures for patients with rare bleeding and thrombotic disorders.
  • SUBRA A/S — SUBRA A/S focuses on innovation, industrial-scale production, and creating a sustainable impact.
  • Twin Health — Combining advanced medical science with digital twin technology to help people reverse, improve, and prevent chronic metabolic diseases like type 2 diabetes.
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LIFTT
VC Fund · Turin, Piemonte, Italy · 2 investments in Denmark Hardware startups, 6 in the past 12 months

A not-only-profit operating investment company, eager to create a bridge between innovative ideas, territory and capital.

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Investment focus

  • Industry: Biotechnology, Software, Manufacturing
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Italy, United Kingdom, France

Investor stats

  • Total investments: 73
  • Round size: Seed $255k–$7.6M; Series A $2.8M–$21M; Venture - Series Unknown $495k–$118M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • CareGlance — CareGlance is the provider of real-time monitoring systems based on SS-OCT technology. Fast, precise and developed for the industry!
  • Rainbow Crops — Rainbow Crops is a next-generation Agtech company developing climate-resilient, high-performing crop varieties.
  • Wearable Robotics — Wearable Robotics produces and develops wearable robotic systems and exoskeletons for rehabilitation, assistance and human-power augmentation.
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Idinvest Partners
VC Fund · Paris, Ile-de-France, France · 2 investments in Denmark Hardware startups

Idinvest Partners is a pan-European private equity manager focused on the low and middle-market segments. With over 6 billion euros under management, the company has developed several complementary areas of expertise, including equity investments in buyout deals focusing on both mid-size as well as young innovative European companies; primaryinvestments in European private equity funds focusing primarily on the middle market segment; secondary investments; mezzanine investments in Europe; and private equity consulting.Idinvest Partners’ recent success stories include Criteo, Clear2Pay, Meetic, Prosensa, Converteam, Kwik Fit, Lastminute.com, Dailymotion, Deezer, Talend, Synthesio, Menlook, Vestiaire Collective, Pretty Simple, Curse.com, Withings, Kantox, Secret Escapes, Happn, Peakon, Dayuse, Botify, Financefox, Azalead and many more.

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Investment focus

  • Industry: Biotechnology, Software, Health Care
  • Stage:Series B, Series A
  • Geography: France, United States, Spain

Investor stats

  • Total investments: 252
  • Round size: Series A $3.3M–$24M; Series B $7.8M–$66M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $88M in 2021

Portfolio highlights

  • LumApps — LumApps is the only intranet packaged solution that enables employees to feel connected to their organization and engaged in their work from anywhere by delivering a modern, smart digital headquarters that empowers your employees to design a work experience that works for them.
  • Ornikar — Ornikar is an online driving school that offers radically cheaper, uncomplicated and faster offer to obtain a driving license.Ornikar relies on a network of state-qualified teachers to offer an apprenticeship in mobile driving at reduced prices. The cmpany is an an online driving school more in tune with the demand of current and futuregenerations.The company's mission is to make the driver's license exam cheaper and its learning more enjoyable.
  • Pretty Simple — Video games studio based in Paris, France. Makers of Criminal Case and Sorcery School.
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NOON Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Hardware startups

Noon Ventures is a Copenhagen-based, early-stage venture investor established in 2020. We invest in proven transformative technologies with the potential to impact environmental or climate challenges.

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Investment focus

  • Industry: Biotechnology, AgTech, Farming
  • Stage:Seed, Series A
  • Geography: Denmark

Investor stats

  • Total investments: 6
  • Round size: Seed $4.3M–$8.8M
  • Lead/follow: 83% lead, 17% follow

Portfolio highlights

  • Agrobiomics — Agrobiomics is a danish Agritech start-up, harnessing the power of soil bacteria and their metabolites as new biostimulants to help crops cope with abiotic stress such as drought.
  • Enduro Genetics — Bioproduction can be difficult to scale to large cultivation volumes while keeping titers high. By applying game-changing synthetic biology technology, Enduro Genetics empowers our partner companies to maximize performance of all cells cultivated from their production strains.
  • Lotus Microsystems — Lotus Microsystems offers miniaturized highly integrated point of load power converters. The devices are engineered for portable electronics manufacturers ready for usage whenever tiny power supply units are needed. Our devices offer up to 72% reduction in footprint compared to existing solutions with higher efficiency and reliability. Our plug andplay solutions enable our customers to innovate their electronics without worrying about power supply units.
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Bjarke Staun-Olsen
Angel · Stockholm, Stockholms Lan, Sweden · 2 investments in Denmark Hardware startups

Bjarke Klinge Staun is a Principal at Creandum, a leading European early stage venture capital firm with a portfolio that includes Spotify, iZettle and Vivino.After starting his career at Goldman Sachs, Bjarke co-founded Alipes in 2008. Alipes is a technology company that never left stealth, as it became profitable very fast, has grownorganically and has a very specialized product. The company uses machine learning and natural language processing to automatically read financial news and generate insights about the stock market. The company has about 20 employees in Copenhagen, most of them machine learning, physics and computer science PhDs.After running Alipes for 6 years, Bjarke left active management to his two co-founders in 2014, and is now a proud board member and shareholder. He then ran Vaniday in Berlin, a Rocket Internet funded global beauty and wellness marketplace, before joining Creandum.At Creandum, Bjarke spends a lot of time on the machine learning and AI space, as well as on Fintech.

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Investment focus

  • Industry: Artificial Intelligence, Software, FinTech
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Denmark, Sweden, United Kingdom

Investor stats

  • Total investments: 15
  • Round size: Seed $2.6M–$8M; Angel $77k–$521k; Pre-Seed $696k–$7.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Opally — AI agents for email, chat, and calls, tailored to your hotel's operations.
  • Sumary — Autonomous finance. From month-end close to insights, from cash flow to reporting, Sumary handles it all.
  • Spiich Labs — The AI sales assistant 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.
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Norwest Equity Partners (NEP)
VC Fund · Minneapolis, Minnesota, United States · 2 investments in Denmark Hardware startups

Norwest Equity Partners | A leading middle market investment firm headquartered in Minneapolis, Minnesota.

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Investment focus

  • Industry: Manufacturing, Health Care, Software
  • Stage:Private Equity, Series B
  • Geography: United States, Canada, Denmark

Investor stats

  • Total investments: 102
  • Round size: Private Equity $21M–$175M
  • Lead/follow: 18% lead, 82% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • recteq — recteq high quality smokers and grills with WiFi technology will have you spend less time guessing and more time enjoying your grill.
  • ARTERIORS Home — ARTERIORS offers furniture, wall decorations, and accessories, including flush mounts, table lamps, floor lamps, task lighting, outdoor lighting, essential lighting, pipes and chains, mirrors, outlets, dining chairs, upholstered seating, and accent chairs.
  • Institute for Integrative Nutrition — The Institute for Integrative Nutrition (IIN) was founded in 1992 and has educated more than 100,000 students and graduates worldwide. Its mission is to empower students to change the world through optimal health and happiness.The Health Coach Training Program, IIN’s signature offering, is a year-long online course that covers a wide variety ofnutrition, wellness and business topics. Using the IIN Learning Center app, students can learn from anywhere with any compatible device. Students learn more than 100 dietary theories as well as nutrition concepts like bio-individuality, primary food, emotional eating and superfoods, among others. In preparation for a career in health coaching, students receive guidance on marketing, business building, time management, coaching, listening and public speaking; they are also equipped with a website, health coaching materials, and marketing materials such as business cards and newsletter templates.Founder and Director Joshua Rosenthal leads most of the lectures. Additionally, many leaders in business, wellness, and holistic health serve as guest speakers, including Deepak Chopra, MD, Andrew Weil, MD, Geneen Roth, David Wolfe, Arianna Huffington, and more.IIN has been licensed by the New York State Education Department since 2009 and is recognized by the The National College Credit Recommendation Service (NCCRS). Through its partnership with colleges and universities across the US, IIN graduates earn up to 40 college credits that can be applied towards a bachelor’s degree, master’s degree, or a Continuing Education Certificate. Educational partnerships include International Health Coach University, Saybrook University, Qualifi, SUNY Purchase, Maryland University of Integrative Health, Goddard College, California Institute of Integral Studies (CIIS), and Excelsior College.The Institute for Integrative Nutrition offers additional courses and programs that build off its Health Coach Training Program. Geared towards graduates looking to expand their knowledge in various areas of interest, IIN offers courses in advanced business, gut health, hormone health, emotional eating psychology and coaching. Joshua also leads the Launch Your Dream Book course, a step-by-step guide for graduates looking to get published.IIN is recognized as an accredited business by the Better Business Bureau and holds an A+ rating.
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Nordic Makers
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Denmark Hardware startups, 6 in the past 12 months

Nordic Makers invests in early-stage Nordic B2B software startups, offering capital and founder support to help them scale globally.

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Norway

Investor stats

  • Total investments: 44
  • Round size: Seed $270k–$4.6M; Pre-Seed $500k–$2.6M; Series A $2.3M–$14M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • KIME — KIME enables you to track visibility across various AI platforms, analyze competitor presence, and apply clear steps to improve positioning in high-value searches that increase brand recognition and business impact.
  • Atech — Atech is a Copenhagen-based hardware startup that simplifies electronics development by enabling users to design and assemble functional prototypes using natural language prompts and modular, snap-together components. The company's platform eliminates complex soldering and firmware configuration, allowing developers to go from a chat-basedconcept to a physical, working device in minutes.
  • Pluto.markets — Pluto is the modern investment app for the 100m Europeans living in countries without the EUR.
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Mechanism Capital
VC Fund · Singapore, Central Region, Singapore · 2 investments in Denmark Hardware startups

Mechanism Capital is an investment firm that invests in the cryptocurrency industry with a focus on decentralized finance or DeFi.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Canada

Investor stats

  • Total investments: 152
  • Round size: Seed $2M–$9M; Series A $3M–$22M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Kapkap — Kapkap is a web3 platform that uses AI for attention based value distribution in gaming.
  • SuperIntent — SuperIntent is a cryptocurrency AI app that streamlines on-chain earning tactics. Developed on a multi-agent framework with abundant yield sources.
  • Inference Labs — AI hyperscale on decentralized networks - We provide certainty for on-chain AI
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Lasse Kieffer
Angel · 2 investments in Denmark Hardware startups

Lasse Kieffer is an Entrepreneur and investor.

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Investment focus

  • Industry: Robotics, Navigation, Construction
  • Stage:Angel
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Unicontrol — Unicontrol is a developer of a 3D machine control system for all types of excavators. Unicontrol is a manufacturer of a simple 3D-GPS machine control system for all types of excavators. We are here to prove that machine control can be made simple.
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Torben Frigaard Rasmussen
Angel · Odense, Syddanmark, Denmark · 2 investments in Denmark Hardware startups

Torben Frigaard Rasmussen - Chairman of the Board @ QuadSAT

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Investment focus

  • Industry: Robotics, Consulting, Navigation
  • Stage:Angel, Seed, Series A
  • Geography: Denmark

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Kontolink — Kontolink is a creator of a cloud-based platform made to reduce the amount of time and money spent on bookkeeping. Clients may reduce errors in their financial accounting procedures thanks to the company's platform, which automates document processing and accounts utilizing data from banks as the starting point rather than receipts andinvoices.
  • Noahs — Noahs is a food company that offers gourmet fast-food franchises, multi-regional restaurant operations, and smart kitchen services.
  • Customers 1st — Customers 1st is an all-in-one POS system that help retailers around the world enable customer experiences beyond imagination.
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IQ Capital
VC Fund · Cambridge, Cambridgeshire, United Kingdom · 1 investments in Denmark Hardware startups, 8 in the past 12 months

IQ Capital is a Cambridge & London-based VC firm that invests in ‘deep tech’ companies capable of dominating their respective markets on a global scale. Initial investments at Seed and Series A range from £0.5m to £10m, with capacity for follow-on investment up to £30m through the Growth Fund. The team has achieved over 30 exits including toApple, Huawei, Google and Oracle.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A
  • Geography: United Kingdom, United States, The Netherlands

Investor stats

  • Total investments: 159
  • Lead/follow: no public data

Portfolio highlights

  • Mindgard — Mindgard is an AI security company that helps enterprise to test, detect, and respond to cyber threats against their AI models.Given that businesses are increasingly focused on offering AI-driven services such as LLMs, securing this new way of conducting business is equally important. Mindgard ensures that your business can safely and securelymove into the new AI world and continue to protect your digital assets, brand and reputation.Our platform enables enterprise customers to determine, detect, and remediate against any adversarial attack vulnerabilities within all their AI models. This answers the “What is my AI risk?” and “How do I mitigate my AI risk?” questions that currently cannot be answered using traditional Cyber Security platforms. By designing our platform from the ground up to integrate with existing AI and Cyber Security operational tooling, Mindgard can be seamlessly added to your organization, providing repeatable and automated AI model vulnerability testing.The Mindgard platform has been in development for over 4 years based on cutting edge PhD-led, AI & cyber security research, also used by the global Intelligence Community. As well as providing a library of adversarial attacks based on deep research, leveraging our platform that can automate repeated security testing, detection, and response across the entire AI estate. By leveraging the Mindgard platform, our clients free up precious AI and cyber security resources and at the same time understand, detect, and mitigate risks across their entire AI model portfolio, which currently takes too long and is too expensive. Our platform ensures that business can rapidly embrace LLMs and other AI technologies whilst protecting their digital assets, brand, and reputation within the new AI world.
  • IONATE — IONATE Ltd. is a technology company developing next-generation Hybrid Intelligent Transformers.
  • Mindgard Ltd — Mindgard Ltd specializes in providing comprehensive AI security solutions to enterprises. Our operations center around a sophisticated platform designed to determine, detect, and remediate adversarial attack vulnerabilities within AI models. The platform is built on over four years of PhD-led research in AI and cyber security, ensuring advancedprotection that traditional Cyber Security platforms cannot offer.Our platform integrates seamlessly with existing AI and Cyber Security tools, enabling automated and repeatable vulnerability testing across the entire AI estate. This integration allows enterprises to efficiently assess and mitigate risks, optimizing their AI and cyber security resources.Key operational features include: - Automated Security Testing: Utilizing a library of adversarial attacks, our platform conducts thorough and repeated security tests to identify vulnerabilities. - Detection and Response: The platform continuously monitors AI models for threats and provides rapid detection and response capabilities to neutralize potential attacks. - Seamless Integration: Designed for compatibility with existing operational tools, our platform can be easily incorporated into current security infrastructures.Mindgard Ltd's operations ensure that businesses can securely adopt and innovate with AI technologies while protecting their digital assets, brand, and reputation in the evolving AI landscape.
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Hardware Investor funding in Denmark at a glance

Stats across 319 deals from 340 investors.

340
investors
in Denmark Hardware startups
319
deals
in Denmark Hardware startups
$1.9M
median round
in Denmark Hardware startups
41%
lead investors
lead at least one round
26%
Seed
most common funding stage
70/30
VC / Angel
share of investor count

Access all 340 investors in Denmark Hardware startups.

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