# Top 50 Hardware Startup Investors in Denmark in June 2026 ## Vaekstfonden - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 19 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, SaaS 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. ## PSV - Type: VC Fund - Location: Lyngby, Hovedstaden, Denmark - Relevant deals: 16 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, SaaS 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. ## People Ventures - Type: VC Fund - Location: Taastrup, Hovedstaden, Denmark - Relevant deals: 8 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Health Care, Internet of Things Backing founders with people, money and presence | People Ventures ## Seed Capital - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 6 - Stages: Seed, Series A - Focus: Software, Health Care, SaaS 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. ## VF Venture - Type: VC Fund - Relevant deals: 6 - Stages: Seed, Series A - Focus: Software, SaaS, Biotechnology 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. ## Seraphim Space - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 5 - Stages: Seed, Series A - Focus: Aerospace, Software, Information Technology 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. ## West Hill Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 4 - Stages: Series A, Seed - Focus: Software, Health Care, Financial Services West Hill Corporate Finance is a leading private equity venture capital firm providing EIS qualifying high-growth investments to private individuals. ## Sune Alstrup - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 4 - Stages: Seed, Pre-Seed, Angel - Focus: Software, Computer Vision, Artificial Intelligence Tech Investor and Entrepreneur, former Founder & CEO at The Eye Tribe ## Export and Investment Fund - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 4 - Stages: Seed, Series A - Focus: Software, Biotechnology, Health Care 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. ## Innovation Fund Denmark - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Grant, Pre-Seed, Seed - Focus: Software, Biotechnology, SaaS 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. ## Maersk Growth - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Logistics, Supply Chain Management, Software Integrated logistics company and global leader in container shipping. ## Lars Seier Christensen - Type: Angel - Location: Jonschwil, Ausser-Rhoden, Switzerland - Relevant deals: 3 - Stages: Seed, Angel - Focus: Software, Internet, Blockchain 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. ## Novo Holdings - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Medical Novo Holdings is a world-leading life science investor with a focus on creating long-term value. ## North-East Venture - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Fashion, Software, E-Commerce North-East Venture is an international, multi-stage fund placed in Copenhagen, Denmark. The fund was launched December 1st 2013. ## Thomas Visti - Type: Angel - Relevant deals: 3 - Stages: Angel, Grant - Focus: Robotics, Software, Manufacturing Thomas Visti - CEO @ Mobile Industrial Robots ## Btomorrow Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Health Care, Wellness, Food and Beverage 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. ## Heartcore Capital - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, FinTech Heartcore Capital invests in companies re-enchanting the world through technology. ## byFounders - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Health Care 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. ## Nordic Eye Venture Capital - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Series A, Seed - Focus: E-Commerce, Internet, SaaS International venture capital firm based in Copenhagen. We come from the North, but we work in the world. We are Fiftyfive Capital. ## Nicholas Francis - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Seed, Series A - Focus: SaaS, Robotics, Software Nicholas Francis is Co-founder at framebunker ## ACME Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: Software, Health Care, Mobile 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. ## Root Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Artificial Intelligence, Machine Learning 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. ## Norwest Equity Partners (NEP) - Type: VC Fund - Location: Minneapolis, Minnesota, United States - Relevant deals: 2 - Stages: Private Equity, Series B - Focus: Manufacturing, Health Care, Software Norwest Equity Partners | A leading middle market investment firm headquartered in Minneapolis, Minnesota. ## Helge Munk - Type: Angel - Location: Odense, Syddanmark, Denmark - Relevant deals: 2 - Stages: Seed - Focus: Consulting, Project Management, Telecommunications 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. ## Lasse Kieffer - Type: Angel - Relevant deals: 2 - Stages: Angel - Focus: Robotics, Navigation, Construction Lasse Kieffer is an Entrepreneur and investor. ## Stine Molgaard Sorensen - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Robotics, Software, Health Care Stine Molgaard Sorensen is the Co-founder and COO of Radiobotics. ## Idinvest Partners - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 2 - Stages: Series B, Series A - Focus: Biotechnology, Health Care, Software 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. ## Per Falholt - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 2 - Stages: Pre-Seed, Series A, Seed - Focus: Biotechnology, Robotics, Biopharma 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. ## 2xN - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Information Technology, Chemical 2xN operates as a venture capital firm. ## NOON Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 2 - Stages: Seed, Series A - Focus: Biotechnology, AgTech, Farming 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. ## Rincon Venture Partners - Type: VC Fund - Location: Santa Barbara, California, United States - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Software, SaaS, Analytics 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. ## Astanor Ventures - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 2 - Stages: Series A, Seed, Series B - Focus: Agriculture, Biotechnology, Food and Beverage 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. ## Northzone - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Software, FinTech, Information Technology 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. ## Crista Galli Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Medical, Wellness Physician-led venture capital investing in TechBio, DeepTech Healthcare, and Digital Health. ## LIFTT - Type: VC Fund - Location: Turin, Piemonte, Italy - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Biotechnology, Manufacturing A not-only-profit operating investment company, eager to create a bridge between innovative ideas, territory and capital. ## Nordic Makers - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Education Nordic Makers invests in early-stage Nordic B2B software startups, offering capital and founder support to help them scale globally. ## FundersClub - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Software, SaaS, Information Technology 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. ## Greg Moga - Type: Angel - Location: Seattle, Washington, United States - Relevant deals: 2 - Stages: Pre-Seed - Focus: EdTech, Internet, Software Greg Moga is a Member of the Advisory Board at National Geographic. ## Skyfall Ventures - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Pre-Seed, Seed - Focus: Software, Information Technology, Artificial Intelligence We are an early stage venture capital firm based in Oslo, Norway. ## Balderton Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, FinTech, Financial Services In the two decades since our founding, we have worked with hundreds of extraordinary European founders, and have raised eight funds totalling more than $3bn. ## Scale Capital - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Apps, Health Care Scale Capital is an early-stage technology investor, helping Nordic, B2B, and tech founder teams scale and win in the US market. ## Ugly Duckling Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Information Technology, Software, Cyber Security At Ugly Duckling Ventures, we make capital, know-how, and real-world application available to Nordic ventures at the seed & pre-seed stage. We are operational by nature and want to get in the grind as we excel at getting early-stage ventures ready for scale. ## Investo Capital - Type: VC Fund - Location: Aalborg, Nordjylland, Denmark - Relevant deals: 1 - Stages: Seed - Focus: Health Diagnostics, Computer, Software 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. ## GFP Invest ApS - Type: VC Fund - Relevant deals: 1 ## Kasper Wedendahl - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed - Focus: Video, Sports, Software Kasper Wedendahl ## CAPNOVA - Type: VC Fund - Location: Aarhus, Midtjylland, Denmark - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Internet They are an investment and development company providing capital, solid business experience and a strong network in order to turn innovative ideas into successful businesses. They cover all of Denmark from their offices in Aarhus, Roskilde, Copenhagen, Viborg and Kalundborg. ## Henrik Hancke - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed - Focus: Video, Sports, Software Henrik Hancke ## Morten Primdahl - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Angel, Pre-Seed - Focus: Apps, Virtual World, Information Technology Morten brings to Zendesk a refined focus on the technical details. He’s involved on all technical levels – from the application to the infrastructure components and databases.Prior to co-founding Zendesk, Morten consulted on a number of technology projects, ranging from helping startups establish a technical platform, to doing heavy dutyconsulting for online banking systems.Morten earned a master’s degree in computer science from the University of Copenhagen. ## JSBJ Capital - Type: VC Fund - Location: Vedbæk, Hovedstaden, Denmark - Relevant deals: 1 - Focus: SaaS, FinTech, Computer JSBJ Capital is a venture capital firm. It helps talented and hungry entrepreneurs to realize their dreams through pioneering early-stage investments. ## Thomas Madsen-Mygdal - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Angel, Seed, Pre-Seed - Focus: Computer, Collaboration, Software Thomas Madsen-Mygdal is a Danish designer, entrepreneur and activist behind companies like Mondo, 23, Podio and the reboot festival. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co