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Top 45 Life Science Startup Investors in Denmark (August 2026)

The most active venture capital funds and angel investors investing in Denmark Life Science startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Denmark Life Science startup companies. Find investors to raise a Seed, Series A or Series B round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Novo Holdings
VC Fund
5 United States, Denmark, United Kingdom Series A, Series B, Series C Biotechnology, Health Care, Medical $9.9M–$135M
2xN
VC Fund
5 Denmark, United States, Finland Seed, Series A, Series B Software, Information Technology, Quantum Computing $1.9M–$63M
BioInnovation Institute
VC Fund
4 Denmark, Germany, Switzerland Convertible Note, Pre-Seed, Seed Biotechnology, Medical, Health Care $495k–$5.2M
Export and Investment Fund
VC Fund
3 Denmark, United States, United Kingdom Seed, Series A Software, Biotechnology, Health Care $457k–$43M
Bioqube Ventures
VC Fund
3 United States, France, Norway Seed, Series A, Series B Biotechnology, Therapeutics, Life Science $4M–$108M
VF Venture
VC Fund
2 Denmark, United Kingdom, Iceland Seed, Series A Software, SaaS, Biotechnology $1.2M–$22M
Sunstone Life Science Ventures
VC Fund
2 Denmark, Sweden, Switzerland Series A, Series B Biotechnology, Health Care, Medical $5.5M–$52M
Nordic Alpha Partners
VC Fund
2 Denmark, Germany, Sweden Seed, Series A Energy, Energy Storage, Manufacturing $3M–$15M
Seventure Partners
VC Fund
2 France, United States, Germany Series A, Series B Biotechnology, Health Care, Software $3.3M–$63M
Vaekstfonden
VC Fund
1 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $384k–$5.3M
PSV
VC Fund
1 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $353k–$4.6M
Northzone
VC Fund
1 United States, Sweden, United Kingdom Series A, Series B, Seed Software, FinTech, Information Technology $2.5M–$90M
Biofund
VC Fund
1 Canada, Denmark, Russian Federation Seed Genetics, Medical, Health Care
Ysios Capital
VC Fund
1 Spain, United States, Switzerland Series A, Series B, Series C Biotechnology, Health Care, Medical $3.8M–$135M
RA Capital Management
VC Fund
1 United States, United Kingdom, Canada Series B, Series C, Post-IPO Equity Biotechnology, Health Care, Therapeutics $27M–$240M
LF Investment
VC Fund
1 Denmark Series C Medical, Wellness, Health Care
Innovation Fund Denmark
VC Fund
1 Denmark, United States Grant, Pre-Seed, Seed Software, Biotechnology, SaaS $35k–$1.6M
Seed Capital
VC Fund
1 Denmark, United States, United Kingdom Seed, Series A Software, Health Care, SaaS $549k–$17M
Danske Bank
VC Fund
1 Sweden, Finland, United Kingdom Post-IPO Debt, Debt Financing Manufacturing, Energy, FinTech $1.1M–$928M
People Ventures
VC Fund
1 Denmark, Sweden, United States Seed, Pre-Seed, Series A Software, Health Care, Artificial Intelligence $1M–$21M
Nucleus Capital
VC Fund
1 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Biotechnology, Food and Beverage, Agriculture $486k–$17M
+ND Capital
VC Fund
1 United States, Switzerland, United Kingdom Series B, Series A, Series C Biotechnology, Health Care, Medical $10M–$100M
Redstone.VC
VC Fund
1 Germany, Finland, Switzerland Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $460k–$17M
2degrees
VC Fund
1 Denmark, Vietnam Seed, Venture - Series Unknown Software, Logistics, Quantum Computing $1.9M–$11M
HealthCap
VC Fund
1 United States, Sweden, France Series B, Series A Biotechnology, Health Care, Medical $5.7M–$92M
Innovestor
VC Fund
1 Finland, Sweden, Denmark Seed, Pre-Seed Software, Health Care, Information Technology $204k–$4.5M
Bas Godska
Angel
1 United States, The Netherlands, United Kingdom Pre-Seed, Seed, Angel Software, Artificial Intelligence, SaaS $85k–$2M
Korys
VC Fund
1 Belgium, The Netherlands, Germany Series B, Series A Biotechnology, Renewable Energy, Information Technology $4.4M–$50M
SLS Venture
VC Fund
1 Denmark, United States, Sweden Series C, Series A Health Care, Biotechnology, Medical $6.3M–$15M
BlueYard Capital
VC Fund
1 United States, Germany, United Kingdom Seed, Series A, Pre-Seed Software, Biotechnology, Blockchain $200k–$47M
Per Falholt
Angel
1 Denmark Pre-Seed, Series A, Seed Biotechnology, Robotics, Biopharma $5.9M–$20M
Balderton Capital
VC Fund
1 United Kingdom, United States, Germany Series A, Series B, Series C Software, Financial Services, Artificial Intelligence $5M–$150M
Industrifonden
VC Fund
1 Sweden, United States, Denmark Series A, Seed Biotechnology, Software, Information Technology $1.2M–$21M
Amino Collective
VC Fund
1 United States, United Kingdom, Germany Seed, Series A, Pre-Seed Biotechnology, Health Care, Artificial Intelligence $125k–$37M
David Helgason
Angel
1 United States, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Artificial Intelligence $242k–$30M
Noble Resources
VC Fund
1 Denmark, United Kingdom Medical, Health Care, Genetics
Steen Riisgaard
Angel
1 Denmark Pre-Seed, Series A Biotechnology, Biopharma, Wholesale
Swisscanto Private Equity
VC Fund
1 Switzerland, Germany, Belgium Series B, Series C Health Care, Manufacturing, Robotics
Fåhraeus Startup and Growth
VC Fund
1 Sweden, Denmark, Finland Seed, Series A Medical, Biotechnology, Genetics $772k–$2.7M
Verve Ventures
VC Fund
1 Switzerland, Germany, France Series A, Seed, Series B Health Care, Software, Biotechnology
Delphinus Venture Capital
VC Fund
1 Denmark Seed, Venture - Series Unknown, Pre-Seed Health Care, Food and Beverage, Wellness $1.7M–$8.1M
Teknoinvest
VC Fund
1 Sweden, Norway, United States Series B, Series A Health Care, Biotechnology, Medical $1.2M–$31M
p53
VC Fund
1 Norway, Denmark Series A Biotechnology, Medical, Life Science $30M–$81M
Sound Bioventures
VC Fund
1 United States, United Kingdom, France Series A, Seed Biotechnology, Medical, Therapeutics $18M–$83M
Lundbeckfonden Ventures
VC Fund
1 United States, Denmark, United Kingdom Series B, Series A, Series C Biotechnology, Health Care, Therapeutics $10M–$95M
Access all 104 investors in Denmark Life Science startups.

Access 48,091 investors

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

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Investor list

Novo Holdings
VC Fund · Hellerup, Hovedstaden, Denmark · 5 investments in Denmark Life Science 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: 369
  • 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

  • PTC Therapeutics — Translating Science. Transforming Lives.
  • 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.
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2xN
VC Fund · London, England, United Kingdom · 5 investments in Denmark Life Science 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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BioInnovation Institute
VC Fund · Copenhagen, Hovedstaden, Denmark · 4 investments in Denmark Life Science 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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Export and Investment Fund
VC Fund · Hellerup, Hovedstaden, Denmark · 3 investments in Denmark Life Science 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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Bioqube Ventures
VC Fund · Hasselt, Limburg, Belgium · 3 investments in Denmark Life Science startups

Bioqube Ventures is a specialist life sciences venture capital fund investing in European biotech companies developing innovative therapeutic assets and technologies. We put our venture creation experience at work to translate and de-risk scientific innovation, advancing our investment portfolio and maximising value for investors.Bioqube Venturesinvests through its independent fund “Bioqube Factory Fund I”: … an early stage venture capital fund – dedicated to advancing exciting science in vibrant European ecosystems to breakthrough therapies for patients.… a fit-for-purpose dual investment model – besides more classical investments in first investment rounds, we will have special attention for so called “Create” projects that require additional de-risking prior to creating new ventures. … a hands-on approach – the team is a mix of fund managers, sector experts and serial entrepreneurs that have a proven track record in successfully leading companies on their growth paths.Medtech, healthtech and diagnostics are not part of our current investment scope.

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Investment focus

  • Industry: Biotechnology, Therapeutics, Life Science
  • Stage:Seed, Series A, Series B
  • Geography: United States, France, Norway

Investor stats

  • Total investments: 18
  • Round size: Seed $5.7M–$24M; Series A $4M–$76M; Series B $23M–$108M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • Actithera — Actithera is a molecular radiotherapeutic company that develops radioligand therapies. It translates medicinal chemistry insights into new radioligand therapies (RLTs) and applies various molecular design strategies, including covalent targeting and an isotope-agnostic philosophy, to invent RLTs with significant differentiation and largertherapeutic windows.
  • Spica Therapeutics — Spica Therapeutics is a pioneering biotech company dedicated to transforming macrophage biology into breakthrough therapies for patients across multiple therapeutic areas. Leveraging its proprietary functional macrophage fingerprinting technology, Spica identifies and selectively targets disease-relevant macrophage sub
  • Primmune Therapeutics — Primmune Therapeutics is developing small molecule, orally-administered toll-like receptor 7 (TLR7) agonists to attack tumors and potentiate adaptive cancer immunotherapies, such as checkpoint inhibitors, to improve overall response rates and treatment durability.
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VF Venture
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Denmark Life Science 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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Sunstone Life Science Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Life Science startups

Sunstone Life Science Ventures is an independent European venture capital investment firm. We enable and empower life science therapeutics innovations.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B
  • Geography: Denmark, Sweden, Switzerland

Investor stats

  • Total investments: 61
  • Round size: Series A $5.5M–$44M; Series B $9.6M–$52M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — raised $94M in 2019

Portfolio highlights

  • Step Pharma — Step Pharma is a spin-off of Imagine Institute stemming from Pr. Alain Fischer’s research on genetic immunodeficiencies. Step Pharma is a joint venture between Imagine, a research and innovative healthcare institute, Sygnature Discovery, a leading provider of integrated drug discovery resource and expertise, and Kurma Partners, a major player inthe funding of healthcare and biotechnology in Europe.
  • Resalis Therapeutics — Resalis Therapeutics sviluppa un farmaco in grado di inibire un micro-RNA per il trattamento di alcune malattie metaboliche
  • TargED Biopharmaceuticals — TargED Biopharmaceuticals is a biotechnology company that develops first-in-class biological drugs to improve treatment of thrombosis.TargED stands for Targeted Enzyme Delivery. Their biological drugs are unique by using small antibodies (“VhH”) to deliver enzymes to sites of thrombosis, enabling ‘targeted’ thrombolysis.
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Nordic Alpha Partners
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Denmark Life Science startups

Targeting critical European re-industrialisation technology across pioneering hardware sectors with capital efficient growth investments.

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Investment focus

  • Industry: Energy, Energy Storage, Manufacturing
  • Stage:Seed, Series A
  • Geography: Denmark, Germany, Sweden

Investor stats

  • Total investments: 27
  • Round size: Seed $3M–$8.7M; Series A $15M–$15M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: May invest from a new fund soon — raised $148M in 2017

Portfolio highlights

  • Re-Match — Developer of a recycling technology intended to separate synthetic turf into raw components. The company's technology is based upon a mechanical separation which can recycle the entire turf system while avoiding waste products, enabling organizations to dispose of the old turf in an environmentally friendly way and save money at the same time.
  • Green Hydrogen Systems — GreenHydrogen believes that electrolysers have a great potential to become a core technology in green and renewable energy.
  • Hybrid Greentech — Hybrid Greentech offers end-to-end profitable solutions for BESS projects, from detailed business case and sizing analysis to project development services, EPC management, and operations and optimization for multi-market revenue stacking.
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Seventure Partners
VC Fund · Paris, Ile-de-France, France · 2 investments in Denmark Life Science startups

Seventure Partners is a French venture capital firm targeting in Tech/Digital and Life Sciences companies. It funds innovation and participates in the entrepreneurial adventure, alongside entrepreneurs and sharing their passion.Founded in 1997, Seventure Partners is one of the European leaders in venture capital, with € 1 billion undermanagement as of December 31, 2023. It is an active partner of innovative companies that, according to the management team, show strong growth potential and evolving in two fields of activity: Digital Technologies and Life Sciences. With more than 20 employees, including some 15 investors, Seventure Partners has a proven track record and in-depth expertise in technology, entrepreneurship, and various private equity operations.Seventure's goal is to identify and support the development of tomorrow's European leaders in order to accelerate their growth. To do this, the firm provides entrepreneurs with the expertise, networks, and know-how of its internal team of investors.The different funds/verticals on which Seventure Partners are focusing on today: - Life Sciences : Biotech, Healthcare, Nutrition - Tech/Digital : B2B SaaS, Fintech, Retailtech, Cybersecurity - Sports & Wellbeing - Blue Economy

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Investment focus

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

Investor stats

  • Total investments: 247
  • Round size: Series A $3.3M–$28M; Series B $3.4M–$63M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Ekstere — Ekstere facilitates selling and purchasing verified-quality used bicycles at a reasonable price.
  • Pitchy — Create professional videos without technical expertise. Our online video editor helps you easily make business videos.
  • Presto Engineering — We enable companies imagine and implement microelectronics solutions in high-value markets such as Industrial, Automotive, Communication and Medical.
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Vaekstfonden
VC Fund · Hellerup, Hovedstaden, Denmark · 1 investments in Denmark Life Science 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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Access 48,091 investors

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

Browse database — It's Free!
PSV
VC Fund · Lyngby, Hovedstaden, Denmark · 1 investments in Denmark Life Science 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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Northzone
VC Fund · London, England, United Kingdom · 1 investments in Denmark Life Science 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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Biofund
VC Fund · Siena, Toscana, Italy · 1 investments in Denmark Life Science startups

BIOFUND SpA, established by Fondazione Monte dei Paschi, Bank Monte dei Paschi , Finanziaria Senese di Sviluppo e Fidi Toscana, provides the initial seed capital for companies located in the incubator of Toscana Life Sciences in Siena.

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Investment focus

  • Industry: Genetics, Medical, Health Care
  • Stage:Seed
  • Geography: Canada, Denmark, Russian Federation

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Exiqon — Exiqon operates in two business areas: Life Sciences and Diagnostics. Exiqon Life Sciences, a leading provider of flexible solutions for RNA analysis. Exiqon’s research products are used by academia, biotech and pharmaceutical companies around the world to make groundbreaking discoveries about the correlation between gene activity and thedevelopment of cancer and other diseases. Exiqon Diagnostics collaborates with pharmaceutical and diagnostic companies to develop novel molecular diagnostic tests for early detection of diseases which can help physicians make treatment decisions based on the tools developed by Exiqon Life Sciences.
  • RTM Diagnostika — Diagnostic microwave radio RTM-01-RESThe temperature and rate of growth of malignant tumorsCancer is the terrible disease of breast. That is why the full range of diagnostic measures in mammalogy aimed primarily at identifying it. It is known that the malignant tumor has a higher temperature compared with surrounding tissues. These data werefirst obtained Guture M. French scientist, who, after more than 550 invasive measurements demonstrated that malignancy is determined by its temperature is doubling time. Therefore, the most dangerous, rapidly growing tumors have a very high temperature. It is also known that thermal changes, usually preceded by structural changes. In particular, the thermal changes of the mammary glands come not a moment when the cancer reaches the required size, but much earlier. Studies have shown that even at the stage preceding the malignant growth, namely, when the cells have the expressed proliferation, accompanied by atypical changes, increases the density of microcapillary network, and as a consequence there is a local increase in temperature. Indisputable is the fact that patients with these changes have a high risk of malignancy. Many authors classify this condition as precancerous.The internal temperature - measure of angiogenesisIn 2003, Japanese scientists have shown that the temperature in the cancerous region determined by the density microcapillary network (microvessel density (MVD) [8]. This is the main parameter that characterizes angiogenesis. The density of the microcapillary network when proliferation atypia several times greater than the rate for normal tissues and characterizes the risk of malignancy. in addition, the microcapillary network density refers to the probability of transformation from noninvasive to invasive cancer, the probability of metastasis and tumor growth rate. Therefore, the internal temperature, as a measure of angiogenesis, provides important information about the development of cancer.
  • Genizon BioSciences — Since 2005, we have helped thousands of people get the perfect domain name.
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Ysios Capital
VC Fund · San Sebastian, Pais Vasco, Spain · 1 investments in Denmark Life Science startups

Leading #lifesciences #venturecapital firm financing highly #innovative #biotechnology companies #worlwide.

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Investment focus

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

Investor stats

  • Total investments: 81
  • Round size: Series A $3.8M–$62M; Series B $20M–$135M; Series C $27M–$80M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • AM Pharma — AM-Pharma B.V., a biopharmaceutical company, engages in the development and commercialization of therapeutics for human use in the Netherlands. It focuses in the pre-clinical and clinical development of novel therapeutics to treat inflammatory and infectious diseases. The company develops products based on endogenous proteins and protein derivedpeptides, as well as molecules that naturally occur in the human body. Its products include alkaline phosphatase for treatment of acute kidney injury and ulcerative colitis; and immune response amplifying peptide hLF1-11 for the treatment of drug resistant hospital acquired infections. The company was founded in 2000 and is headquartered in Bunnik, the Netherlands.
  • Inbiomotion — Inbiomotion is focused on the development and commercialization of a biomarker that predicts metastasis to improve patients' quality of life by personalizing the adjuvant treatment of early stage breast cancer. Founded in 2010 by Dr. Roger Gomis, it is a spin-off of IRB Barcelona and ICREA research institutions.Inbiomotion's uniquediagnostic assay is based on a highly selective single gene biomarker. Data generated thus far suggests such biomarker can identify early stage breast cancer patients that will benefit from bisphosphonate adjuvant treatment improving their overall and invasive disease free survival. It can further predict at an early stage a patient's risk of metastases relapse from primary tumors. The selectivity of the lead biomarker has the potential to advance the clinical standard of care using personalized medicine.
  • Splice Bio — Splice Bio is a gene therapy company based on technology developed in the Muir Lab at Princeton University. The company is developing novel gene therapies based on its proprietary intein platform technology to treat patients that suffer from incurable genetic diseases. The company’s platform has the potential to address two existing limitations ofadeno-associated viruses (AAVs), both by increasing the size of the cargo gene that can be delivered and by expanding the range of tissues that can be targeted.
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RA Capital Management
VC Fund · Boston, Massachusetts, United States · 1 investments in Denmark Life Science startups

RA Capital Management is an investment advisor based in Boston specializing in the life-sciences and drug development sectors. The company's team has been investing since 2002 and is comprised of professionals with training in biology, chemistry, and medicine and also has industry and business development experience at the executive and boardlevels. The company invests in companies with promising technologies and products.

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Investment focus

  • Industry: Biotechnology, Health Care, Therapeutics
  • Stage:Series B, Series C, Post-IPO Equity
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 518
  • Round size: Series B $27M–$152M; Series C $44M–$183M; Post-IPO Equity $35M–$240M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely actively investing — fund raised in 2025

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.
  • 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.
  • Kinaset Therapeutics — Kinaset Therapeutics is a therapeutics company that focuses on the advancement of novel drugs in areas of unmet medical needs. The company was founded in 2020 and is headquartered in Medfield, Massachusetts.
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LF Investment
VC Fund · 1 investments in Denmark Life Science startups

LF Investment is the investment arm of The Lauritzen Foundation, which is the parent company of the shipping companies J. Lauritzen (wholly-owned) and DFDS (42,8% holding). LF Investment has holdings in companies in the oil analysis, measuring equipment, software, biotechnology, and real estate sectors.

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Investment focus

  • Industry: Medical, Wellness, Health Care
  • Stage:Series C
  • Geography: Denmark

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Minervax — We are MinervaX. A clinical stage biotech company focused on making a global impact by developing state-of-the-art vaccines.
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Innovation Fund Denmark
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Life Science 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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Seed Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Life Science 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: May invest from a new fund soon — 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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Danske Bank
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Life Science startups, 20 in the past 12 months

Danske Bank is a Nordic universal bank offering a full range of banking services. It was founded 5 October 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn (The Danish Farmers' Bank, Mortgage and Exchange Bank of Copenhagen). It is headquartered in Copenhagen, Denmark and is one of the major retail banks in the northernEuropean region with over 5 million retail customers.Danske Bank was number 454 on the Fortune Global 500 list for 2011.

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Investment focus

  • Industry: Manufacturing, Energy, FinTech
  • Stage:Post-IPO Debt, Debt Financing
  • Geography: Sweden, Finland, United Kingdom

Investor stats

  • Total investments: 66
  • Round size: Post-IPO Debt $3.4M–$571M; Debt Financing $1.1M–$928M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Bonava — Bonava is a real estate company. They offer apartments and single-family housing to consumers and rental apartments to investors. It constructs several types of homes, such as multi-family housing, single-family homes, and semi-detached houses with various types of tenure.
  • Nivika — Nivika is a real estate company that builds and manages properties.
  • Donnelly Group — NI's Largest Family Owned Motor Retailer - Established in 1947.
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People Ventures
VC Fund · Taastrup, Hovedstaden, Denmark · 1 investments in Denmark Life Science 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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Nucleus Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Denmark Life Science startups, 7 in the past 12 months

Supporting purpose-driven founders solving systemic challenges to planetary health.

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Investment focus

  • Industry: Biotechnology, Food and Beverage, Agriculture
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 48
  • Round size: Seed $3M–$8M; Pre-Seed $486k–$3.8M; Series A $15M–$17M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • Apoha — Stealth stage start-up
  • Bindbridge — AI for targeted protein degradation in plants.
  • Triple Bio — Triple Bio is a biotech startup focused on improving productivity and sustainability in dairy and beef production using biological and data‑driven technologies.
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+ND Capital
VC Fund · San Mateo, California, United States · 1 investments in Denmark Life Science startups

+ND Capital (NanoDimension) is a venture capital firm founded in 2002 that invests in disruptive technologies across the life, physical, and data sciences.

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Investment focus

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

Investor stats

  • Total investments: 68
  • Round size: Series A $10M–$60M; Series B $13M–$100M; Series C $12M–$67M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $335M in 2019

Portfolio highlights

  • Euphrates Vascular — Euphrates Vascular is a medical device company using nanotechnology to optimize flow and treat distal vessel occlusions in Acute Ischemic Stroke (AIS), Peripheral Artery Disea and ST Elevated Myocardial Infarction (STEMI).
  • SPARK Microsystems — SPARK UWB Technology enables ultra-low-latency, high-speed wireless for AI glasses, spatial computing, gaming, audio, and IoT devices.
  • Lightcast Discovery — Flexible control over droplet number, occupancy, location and movement. Enabling efficient, multi-step workflows with unprecedented flexibility.
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Redstone.VC
VC Fund · Berlin, Berlin, Germany · 1 investments in Denmark Life Science startups, 24 in the past 12 months

The Redstone team is an international and diverse group of serial entrepreneurs, investors, investment professionals, tech analysts and data scientists.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Finland, Switzerland

Investor stats

  • Total investments: 177
  • Round size: Seed $460k–$8M; Pre-Seed $1M–$4.4M; Series A $1.6M–$17M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $57M in 2023

Portfolio highlights

  • Nomerra — The AI Coworker in Private Market Operations
  • LimX Dynamics — Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots
  • Zhuji Dynamics — Zhuji Dynamics is a general-purpose footed robot company that focuses on the R&D and manufacturing of sports intelligence and footed robots
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2degrees
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Life Science startups

Purposeful and profitable capital for extraordinary ventures solving our world's greatest challenges.

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Investment focus

  • Industry: Software, Logistics, Quantum Computing
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, Vietnam

Investor stats

  • Total investments: 3
  • Round size: Seed $1.9M–$11M
  • Lead/follow: 67% lead, 33% 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.
  • SmartSolar — SmartSolar is a Saigon-based EnergyTech company working to decarbonise Southeast Asia. With SmartSolar, businesses save on their electricity bill from day 1. SmartSolar is currently busy building the critical financing infrastructure to get SMBs equipped with solar energy. We help our customers save money and enable our partners to reach morecustomers. Renewable energy is at an inflection point across the region and we are on a mission to make it available for everyone.
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HealthCap
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Denmark Life Science startups

HealthCap, a life science investor and company creator. Our motivation is to find innovative ideas and invest that could impact healthcare and society.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series B, Series A
  • Geography: United States, Sweden, France

Investor stats

  • Total investments: 133
  • Round size: Series A $5.7M–$85M; Series B $12M–$92M
  • Lead/follow: 24% lead, 76% follow
  • Last fund: May invest from a new fund soon — raised $209M in 2019

Portfolio highlights

  • Neobiomics — Neobiomics is a Swedish life-science company that develops nutritional products for preterm infants and neonatal care. Its best-known products include ProPrems® and NeoMega36®.
  • CurifyLabs — CurifyLabs enables 3D printed personalized medicines in pharmacies and hospitals. Always close to the patient.
  • Ultragenyx Pharmaceutical — Ultragenyx is focused on developing first-ever approved treatments for rare and ultrarare diseases and moving the rare disease community forward.
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Innovestor
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Denmark Life Science startups

Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services.

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Investment focus

  • Industry: Software, Health Care, Information Technology
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Sweden, Denmark

Investor stats

  • Total investments: 89
  • Round size: Seed $478k–$4.5M; Pre-Seed $204k–$2M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Retailgrid — Agentic AI pricing platform for mid-market retailers. Turn messy retail data into structured, explainable price decisions in days, not months.
  • Bahn Express — Euroopan nopein autojen kuljetus. Autoliikkeille, autokauppiaille ja kalustonhallintaan. Euroopan halki 72 tunnissa.
  • Cornea Sense — CorneaSense is a medtech startup developing a non-invasive, eye-based sensing device that measures ocular surface hydration to enable early detection and monitoring of conditions such as dry eye disease and systemic health disorders. The technology aims to provide real-time, objective eye biomarkers for improved clinical diagnosis and patient care.
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Bas Godska
Angel · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Denmark Life Science startups

Founder Acrobator Ventures, Tech Investment Fund. Founder Acrobator.com, growth hack and marketing advisory firm. Co-Founder Netherlands for Ukraine Foundation (NL4UA.org) supporting Ukrainians affected by the war since 2022. Digital Dutchman, entrepreneur-turned-investor. eCommerce expert, growth hacker and marketeer since 2000. Assisted 100+companies worldwide as CMO, MD, board advisor, consultant. Ranked #1 Foreign Angel Investor in Russia (EWDN); Top 10 Angel Investor (Firrma.ru/SLON), Crunchbase: #1 Dutch (2019) & Top 50 EU angel investor. Techcrunch / Crunchbase: "Bas Godska is one of the most prolific Western investors in Eastern Europe." Bas' Angel Fund (>EUR 100mn AUM) ranked by PitchBook as #2 in success by IRR (2021). Top 50 SuperAngel worldwide (Arete Index, 2024-25)Roles Europe/Russia/CIS (2003-2019): CMO lastminute.com ; Country Manager Sportingbet ; CMO Europe Ebookers.com / Orbitz.com ; MD Gogol Media. CMO / dep. CEO Ozon.ru ; VP Marketing Gloria Jeans ; CMO Lamoda.ru (Rocket Internet) ; CMO Digital KupiVIP.ru ; eCommerce Director a.i. Enter | Svyaznoi ; MD myThings.com ; Guest Lecturer Digital Marketing at Skolkovo MSM MBA (2013), Guest lecturer Stanford IGC Exec MBAAngel investor in decacorn Miro, Harver (exit to Rubicon PE), Chocofamily, Piano. Bas' angel investments (~50) have helped founders raise over $1 billion from investors like Iconiq, Accel, Insight, Salesforce, Google, YC, and Techstars. The combined market cap of these companies, based on their latest funding rounds, is ~$20 billion. As a VC/LP Bas invested in 400+ companies including 20+ unicorns.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, The Netherlands, United Kingdom

Investor stats

  • Total investments: 54
  • Round size: Seed $300k–$2M; Angel $90k–$110k; Pre-Seed $85k–$2M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Helio AI — Automated AI-powered recruiting platform with ATS and gamified personality test. Reduce daily workload by 60% and hire top talents in a few clicks.
  • Crosscheck — Crosscheck's AI agents automate document workflows and ensure 100% requirement-to-evidence traceability across your supply chain, backed by vetted auditors and industry-leading Certification Bodies.
  • JobHire.AI — JobHire.AI for job search. Your AI Career Assistant that helps you land an interview 10 times faster, match with top employers, and boost your career growth.
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Korys
VC Fund · Halle, Vlaams-Brabant, Belgium · 1 investments in Denmark Life Science startups

Korys is the name chosen by the Colruyt family for their investment structure. The name Korys is derived from the Latin word for hazelnut tree – Corylus - which is at the origin of the Colruyt name.Their multi-disciplinary approach enables us to create a well-balanced, diversified portfolio of listed stocks and bonds, private equity funds, anddirect participations in small and medium-sized companies. Through their investments, they aim to make a positive impact on people and the planet, while generating attractive returns. A “three P” approach (People, Planet, Profit) forms the cornerstone of their investment strategy. They invest for the long term, as they realize that it takes time to achieve the sustainable impact they are aiming for. They focus their investments in sectors in which they have built substantial expertise as a team: Cleantech, consumer goods & retail and life sciences.

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Investment focus

  • Industry: Biotechnology, Renewable Energy, Information Technology
  • Stage:Series B, Series A
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 48
  • Round size: Series A $4.4M–$13M; Series B $6.4M–$50M
  • Lead/follow: 46% lead, 54% follow

Portfolio highlights

  • Entrix — Entrix is an optimisation and trading platform for grid-scale battery storage that accelerates the transition towards a clean energy future. Our mission is to enable the most effective use of green energy and to ensure the reliability of the future energy system. We provide state-of-the-art technology and services to both asset owners and potentialinvestors across the globe.
  • OroraTech — From safeguarding forests and ecosystems to protecting communities and critical assets, OroraTech's advanced technology and reliable insights address challenges, mitigate risks, and drive meaningful impact.
  • Ona Therapeutics — Ona Therapeutics is a biotech company that specializes in the discovery and development of therapeutic biologics targeting tumor metastatic-initiating cells and lipid metabolism. Founded in 2019 by Salvador Aznar-Benitah and Valerie Vanhooren, it was a spin-off from ICREA and Advanced Studies, and the IRB Institute for Research in Biomedicine.
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SLS Venture
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Denmark Life Science startups

SLS Venture, a Scandinavian-based venture capital company, is the result of the merger of the life science team from The Sixth Swedish National Pension Fund, Medicon Valley Capital and Innoventus. The fund is one of the largest investment funds in Scandinavia in the life science sector with approx. € 270 M (USD 325 M) under management.

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Investment focus

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

Investor stats

  • Total investments: 6
  • Round size: Series C $6.3M–$15M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • AdvanDx — I found a great domain name for sale on Dan.com. Check it out!
  • OxThera — OxThera is a biopharmaceutical company with products in late stage clinical development focusing on Primary and Secondary Hyperoxaluria. OxThera’s intellectual property includes worldwide patents for compositions and treatment of hyperoxaluria with bacteria, and enzymes. Oxabact® holds Orphan Drug designations in Europe and in the US for thetreatment of primary hyperoxaluria.
  • Action Pharma — Action Pharma A/S operates as a research and development focused biotechnology company. It discovers and develops new drugs and treatment concepts to treat cardiovascular disease and inflammatory diseases, as well as metabolic diseases, such as type-II diabetes and obesity. The company's product pipeline includes AP214, a modifiedÐMSH-peptide analogue for the treatment of post-surgical kidney injury associated with cardiac surgery; and AP1030 and AP11 series, oral anti-diabetic (OAD) for the treatment of type-II diabetes associated with overweight/obesity. Its product pipeline also comprise AP1189, an oral anti-inflammatory compound for the treatment of inflammatory diseases, such as inflammatory bowel disease and rheumatoid arthritis; and AP405, a modified MSH peptide analogue for the treatment of inflammatory skin diseases, such as atopic dermatitis. The company was founded in 2000 and is based in Holte, Denmark.
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BlueYard Capital
VC Fund · Berlin, Berlin, Germany · 1 investments in Denmark Life Science startups

BlueYard backs founders building the interconnected elements that can become the fabric of our future.

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Investment focus

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

Investor stats

  • Total investments: 112
  • Round size: Seed $1.2M–$14M; Pre-Seed $200k–$5.4M; Series A $7M–$47M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $185M in 2022

Portfolio highlights

  • Rapidata — Fast and reliable data labeling that powers your AI. Define your label needs now and get the results in minutes.
  • Blockspace — Blockspace is an Ethereum infrastructure company operate out-of-protocol transaction pipelines.
  • Blockspace — Connecting the world to Ethereum.
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Per Falholt
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Life Science 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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Balderton Capital
VC Fund · London, England, United Kingdom · 1 investments in Denmark Life Science startups

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.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 405
  • Round size: Series A $5M–$30M; Series B $9.6M–$100M; Series C $15M–$150M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $615M in 2024

Portfolio highlights

  • Exein — Exein develops embedded cybersecurity solutions designed to secure Internet of Things (IoT) and connected devices. The company provides a platform that integrates security directly into the firmware of embedded systems, enabling real-time threat detection, monitoring, and response. Exein’s technology focuses on runtime protection and behavioranalysis at the edge, helping manufacturers secure devices without requiring major hardware changes or external software agents. Its solution is compatible with widely used real-time operating systems (RTOS) and Linux-based environments, allowing for flexible integration across different devices. The company also offers tools for vulnerability assessment and threat intelligence tailored for firmware-level defense. Exein supports developers with APIs and SDKs to incorporate security features during the product development phase. Through its platform, the company addresses growing security risks in critical sectors such as automotive, industrial automation, and consumer electronics.
  • Writer — WRITER is the enterprise AI agent platform trusted by Fortune 500 companies, built to help teams execute and scale on-brand, compliant work.
  • Wayve — Wayve are pioneering an AI-centric approach to self-driving, inspired by our vision of a smarter, safer and more sustainable world.
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Industrifonden
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Denmark Life Science startups

Industrifonden is a Nordic evergreen venture capital firm with a fund size of $600m, that focuses on early-stage technology and life science companies with international potential. The company works long term with the entrepreneurs we invest in, and have a strong track record of building game changing companies. Industrifonden-backed companiesinclude tech companies Qlik, Arcam, Soundtrack Your Brand, Fishbrain, and life science companies CellaVision, Oncopeptides and AMRA.

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Investment focus

  • Industry: Biotechnology, Software, Information Technology
  • Stage:Series A, Seed
  • Geography: Sweden, United States, Denmark

Investor stats

  • Total investments: 197
  • Round size: Seed $1.2M–$6.2M; Series A $3.3M–$21M
  • Lead/follow: 41% lead, 59% follow

Portfolio highlights

  • Yangi — Yangi is a provider of environmentally friendly packaging solutions.
  • Fyndiq — Fyndiq is an e-commerce platform through which we offer a range of products for bargain hungry shoppers. We provide a sales channel for all types of e-tailers who want to boost their sales in an accessible way. Through Fyndiq individual retailers can effect fully sell of its overstock, while consumers have a one stop shop for bargain productsonline. Fyndiq offers more then 220 000 products to consumers from over 1 100 merchants in Sweden. Fyndiq was founded in Stockholm in August 2009 and launched its platform in august 2010. Since then we have been growing rapidly both in terms of turnover and employees. In 2012 our sales was 56 million SEK, a number we doubled in 2013 to sales of almost 124million SEK. In November 2014 Fyndiq raises $20M to take the platform internationally. The funding is notable in that it was led by one of the more prominent VCs based in the Nordics, Northzone, which was an early investor in Spotify. The other investor in this round, Industrifonden, is a VC backed by the Swedish government that invests in startups from the country to help scale them internationally. Currently we are 75 dedicated and motivated team members who make it all happen.
  • Avtal24 — Avtal24 offers in an easily accessible manner agreements for both private individuals and companies. They believe in making the law available to everyone and they want everyone to have access to legal security. With us, you write agreements online or together with a lawyer by phone. Always at a fixed price. With high legal expertise, innovativetechnology and great focus on customer benefit and offer the market's most accessible legal services.Avtal24 was founded in 2004 and is headquartered in Stockholm, Sweden.
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Amino Collective
VC Fund · Berlin, Berlin, Germany · 1 investments in Denmark Life Science startups

Amino Collective is an institutional venture capital firm investing at seed stage in health and bio companies. They help bring life-changing ideas to life by backing, connecting, and advancing our collective of entrepreneurs and scientists. The firm intends to invest in the sectors of biology, biotech, health tech, science, digital health, lifescience, and synthetic biology.

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Investment focus

  • Industry: Biotechnology, Health Care, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 45
  • Round size: Seed $2.4M–$14M; Pre-Seed $125k–$7.8M; Series A $12M–$37M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Calibre — Diagnostic testing, clinicians, and AI working together to help you deeply understand your health and how to improve it.
  • Modern Relay — Modern Relay provides context graph for enterprise AI.
  • Theorema — Autonomous R&D agents for biotech, pharma, chemicals, and materials. Theorema analyzes data, recovers R&D costs, and accelerates discovery. #1 on BixBench.
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David Helgason
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Life Science startups

David is a technologist, the founder of Unity Technologies, non-exec director to others, and a restless entrepreneur with a passion for creating feedback loops between innovation and teams and products, applying new and old business models to changing industries, and pushing people to do the very best they can do.David's background is inprogramming, an assortment of university dabbling, creating companies, and helping entrepreneurs. He served as CEO of Unity Technologies since co-founding it in 2003 and until October 2014, with an unflinching vision to democratize game development, and to develop technology and business models for the next phase of the games industry. David Helgason attended the University of Copenhagen.

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Investment focus

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

Investor stats

  • Total investments: 79
  • Round size: Seed $1.1M–$8M; Pre-Seed $242k–$2.4M; Series A $4.3M–$30M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • ScyAI — Risk intelligence that thinks with you.
  • Noah — API-first stablecoin payments, enterprise-grade compliance and real-time settlements, powered by stablecoin technology.
  • Flow Engineering — Requirements management, made collaborative
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Noble Resources
VC Fund · Wan Chai, Hong Kong Island, Hong Kong · 1 investments in Denmark Life Science startups

KEDAI69 menghadirkan pengalaman bermain yang seru dengan beragam pilihan permainan menarik untuk dinikmati, serta kenali pola permainan, atur strategi dengan bijak dan temukan peluang terbaik dalam setiap puataran.

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Investment focus

  • Industry: Medical, Health Care, Genetics
  • Geography: Denmark, United Kingdom

Investor stats

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

Portfolio highlights

  • Exiqon — Exiqon operates in two business areas: Life Sciences and Diagnostics. Exiqon Life Sciences, a leading provider of flexible solutions for RNA analysis. Exiqon’s research products are used by academia, biotech and pharmaceutical companies around the world to make groundbreaking discoveries about the correlation between gene activity and thedevelopment of cancer and other diseases. Exiqon Diagnostics collaborates with pharmaceutical and diagnostic companies to develop novel molecular diagnostic tests for early detection of diseases which can help physicians make treatment decisions based on the tools developed by Exiqon Life Sciences.
  • Digital-Healthcare — Digital Healthcare is a health care company. The company has been acquired by EMIS Group.
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Steen Riisgaard
Angel · 1 investments in Denmark Life Science startups

Steen Riisgaard

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Investment focus

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

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% 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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Swisscanto Private Equity
VC Fund · Zürich, Zurich, Switzerland · 1 investments in Denmark Life Science startups

We invest in growth companies in the "late-stage venture/growth capital" phase, focussed on the technology and healthtech sectors.

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Investment focus

  • Industry: Health Care, Manufacturing, Robotics
  • Stage:Series B, Series C
  • Geography: Switzerland, Germany, Belgium

Investor stats

  • Total investments: 30
  • Lead/follow: no public data

Portfolio highlights

  • Fotokite — Specialized actively tethered UAS built for First Responders, providing immediate situational awareness of an emergency scene.
  • Memo Therapeutics — Memo Therapeutics AG (MEMO) is an innovator in the field of antibody discovery and immune repertoire analysis.Its MemoMAB™ platform creates a recombinant in vitro copy of an individual’s B cell / antibody repertoire, which is then banked as a library. The resulting unique, large and relevant antibody libraries represent the individual’simmune repertoire and are expected to contain an unprecedented number of relevant and rare antibodies. This leads to entirely new possibilities in immune repertoire analysis and antibody discovery.MemoMAB™ is deployed in proprietary antibody lead discovery programs and is made available in collaborations.
  • NIL Technology ApS — NIL Technology is an optical solutions company designing, developing, and manufacturing optical elements and components using high-precision nanoscale features
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Fåhraeus Startup and Growth
VC Fund · Lund, Skane Lan, Sweden · 1 investments in Denmark Life Science startups

Fåhraeus Startup and Growth is a venture capital fund that invests early in life science and tech companies.

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Investment focus

  • Industry: Medical, Biotechnology, Genetics
  • Stage:Seed, Series A
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 8
  • Round size: Seed $772k–$2.7M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Aplagon — Aplagon is committed to bringing unique, effective antithrombotic medicines with important safety advantages to patients with unmet needs.
  • Fida Biosystems — Quantification and characterisation of complex biology made simple. Study molecular interactions in solution, with only nanoliters of sample. Used by industry leaders.
  • Trackpaw Scientific — Contributing to the development of safe and effective pharmaceuticals at increased speed and quality by digitalising the preclinical study landscape.
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Verve Ventures
VC Fund · Zug, Zug, Switzerland · 1 investments in Denmark Life Science startups, 19 in the past 12 months

Verve Ventures has invested in more than 140 science and technology startups. We support visionary and resilient entrepreneurs from day one and are a reliable partner for the entire journey. We typically invest EUR 1-3m in early as well as later stage rounds of European high tech startups.

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Investment focus

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

Investor stats

  • Total investments: 230
  • Lead/follow: no public data

Portfolio highlights

  • Otoqi — Otoqi is a vehicle delivery platform that develops connected services and logistics solutions for the automotive professionals.
  • tozero — Truly bringing lithium-ion battery waste tozero by recovering all critical matierlas, like lithium, nickel, cobalt, manganese, and graphite.
  • Orakl Oncology — Cultivated with love by the Orakl team.
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Delphinus Venture Capital
VC Fund · 1 investments in Denmark Life Science startups, 12 in the past 12 months

Delphinus Venture Capital is a venture investment management firm.

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Investment focus

  • Industry: Health Care, Food and Beverage, Wellness
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Denmark

Investor stats

  • Total investments: 12
  • Round size: Seed $1.7M–$3.4M; Venture - Series Unknown $1.9M–$8.1M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Alcolase — Alcolase is developing a liposomal enzyme system designed to support alcohol metabolism in the stomach. Copenhagen-based biotech backed by Ada Ventures and Delphinus Venture Capital.
  • Oktogrid — Electrification is taking place at a rate, where conventional methods for inspection, maintenance, and congestion management no longer match the new energy scenario. Distribution transformers are ageing blind spots today with no access to online, real-time performance data. This is because getting access to data is hard. We have solved this problem.
  • Ardos — Ardos is a developer of radiotherapy software designed to enhance cancer treatment.
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Teknoinvest
VC Fund · Oslo, Oslo, Norway · 1 investments in Denmark Life Science startups

Teknoinvest is a premier Scandinavian venture capital company. They invest in areas of emerging technologies within the ITC and Life Sciences sectors. Their main geographical scope is Scandinavia and the USA. Teknoinvest was established as the first venture capital investment company. Teknoinvest is one of the most successful VC´s in Scandinaviaaccording to track record of value created for their investors.

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Investment focus

  • Industry: Health Care, Biotechnology, Medical
  • Stage:Series B, Series A
  • Geography: Sweden, Norway, United States

Investor stats

  • Total investments: 25
  • Round size: Series A $1.2M–$12M; Series B $6M–$31M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • GLO — glō is a venture-backed company focused on the development and commercialization of advanced LED display products using nanotechnology. The unique nanotechnology is based on 11 years of research at Lund University’s Nanometer Structure Consortium. Headed by Professor Lars Samuelson, one of the world’s leading scientists in this field, who haspublished more than 500 papers related to this technology.glō's first office is in Lund, Sweden, where basic material research continues for the next generation nanotechnology. glō's research and product development along with pilot fabrication operation is carried out at glō-USA in Sunnyvale, California. In 2016, glō established an Asia office in Taipei, Taiwan, one of the largest and fastest-growing regions for LED lighting and display applications.glō's technology sidesteps the technical limitations of current planar LED technology. It allows for the creation of highly efficient, stable and ultimately unique red, green, blue (RGB) emitters out of one material system. It aims to achieve the industry’s best color stability and ultimately enables the growth of red, green and blue emitters on the same wafer. Highly-efficient white LEDs with high color rendering will be possible without the need for phosphor conversion. It is the next enabling technology for advanced display, illumination and automotive applications.glō nanowire light-emitting diodes (nLEDs) are based on its proprietary hetero-structured semiconductor nanowire epitaxial growth and process technologies for which standard manufacturing equipment and materials can be utilized.glō currently holds over 175 patents across US, Europe and Asia. These patents are not subject to any cross-licensing with the LED oligopoly. The glō team is constantly strengthening its intellectual property position in this technology and related applications.
  • SantoSolve — SantoSolve is developing topical analgesic products based on non-radioactive strontium as the active substance. The Development program was initiated based on experimental clinical use of strontium-based products showing evidence of strong local analgesic effects on several localized pain conditions of both nociceptive and neuropatic origin. Nosignificant adverse effects associated with the treatment was reported.The company’s lead product, 2PX, is topically administered, utilizing dermal penetration enhancers for delivery of the active agent to its subdermal site of action. Phase I safety and pharmacology studies showed the active agent to have low systemic bioavailability, and only few and minor adverse effects were observed at the site of administration. In open label Phase II clinical trials, the product has shown strong analgesic effect in both nociceptive and neuropatic pain conditions. In follow up, placebo controlled trials, the analgesic effect of the product has been further documented. In the company’s most advanced pain indication under study, osteoarthritis, the company has recently completed the Phase II program.These trials supports the open label results and document statistically that the analgesic effect in patients treated with 2PX is superior to that observed with placebo treatment.
  • Sol Voltaics — Founded in 2007, Sol Voltaics AB is a venture-backed, development-stage nanotechnology company focused on development and commercialization of highly efficient, third-generation photovoltaic concentrator solar cells based on its proprietary heterostructured nanowire epitaxial growth and process technologies.
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p53
VC Fund · Stavanger, Rogaland, Norway · 1 investments in Denmark Life Science startups

p53 identifies and invests in innovative healthcare companies, particularly in the fields of biotechnology and medical devices.

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Investment focus

  • Industry: Biotechnology, Medical, Life Science
  • Stage:Series A
  • Geography: Norway, Denmark

Investor stats

  • Total investments: 2
  • Round size: Series A $30M–$81M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Calluna Pharma — Join Calluna Pharma to transform therapeutics for inflammatory and fibrotic diseases. With a robust pipeline, seasoned leadership, and strategic alliances, we can revolutionize patient care.
  • Teitur Trophics — Teitur Trophics is a biotech company developing circular peptides for neurodegenerative diseases. The company was founded in 2020 and is headquartered in Aarhus, Denmark.
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Sound Bioventures
VC Fund · Malmö, Skane Lan, Sweden · 1 investments in Denmark Life Science startups

Sound Bioventures is a venture capital fund investing in clinical stage companies.

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Investment focus

  • Industry: Biotechnology, Medical, Therapeutics
  • Stage:Series A, Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 12
  • Round size: Series A $18M–$83M
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • BOOST Pharma — Boost Pharma: Developing a stem cell therapy for Osteogenesis Imperfecta.
  • ARTHEx Biotech — ARTHEx Biotech S.L. is a spin-off company of the University of Valencia that is developing advanced RNA treatments against genetic diseases.
  • Cytospire Therapeutics — Cytospire Therapeutics is bringing forward a portfolio of next generation immune cell engagers.
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Lundbeckfonden Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Life Science startups

Lundbeckfond Ventures is an evergreen life science venture fund established in the autumn of 2009 and wholly owned by the Lundbeck Foundation. The structure as an evergreen fund allows flexibility in the investment approach and the possibility, when appropriate, to take a long-term perspective in the investments. On an annual basis, LundbeckfondVentures invests up to € 50 million.Lundbeckfond Ventures is a financially driven venture fund generating returns to support the group's activities and operating independently from the Lundbeck Foundation’s controlling ownerships in H. Lundbeck A/S, ALK-Abelló and Falck.

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Investment focus

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

Investor stats

  • Total investments: 70
  • Round size: Series A $10M–$50M; Series B $20M–$95M; Series C $16M–$53M
  • Lead/follow: 33% lead, 67% 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.
  • SNIPR Biome — We are the CRISPR Microbiome Company; Our mission is to develop CRISPR-based medicines that give hope for effective and safe treatment of difficult-to-treat diseases in the future.
  • Women in Life Science Denmark — WiLD is a networking platform for women in senior positions in business and academia that is motivating and focused on science.
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Life Science Investor funding in Denmark at a glance

Stats across 74 deals from 104 investors.

104
investors
in Denmark Life Science startups
74
deals
in Denmark Life Science startups
$5.8M
median round
in Denmark Life Science startups
49%
lead investors
lead at least one round
16%
Grant
most common funding stage
95/5
VC / Angel
share of investor count

Access all 104 investors in Denmark Life Science startups.

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