# Top 50 Medical Startup Investors in Denmark in June 2026 ## BioInnovation Institute - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 13 - Stages: Convertible Note, Pre-Seed, Debt Financing - Focus: Biotechnology, Medical, Health Care 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. ## Novo Holdings - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 12 - 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. ## Export and Investment Fund - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 7 - 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. ## Vaekstfonden - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 6 - 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. ## Forbion Capital Partners - Type: VC Fund - Location: Naarden, Noord-Holland, The Netherlands - Relevant deals: 3 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Medical Impacting the future of medicine. ## Crowberry Capital - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Gaming, Health Care Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first. ## Bioqube Ventures - Type: VC Fund - Location: Hasselt, Limburg, Belgium - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: Biotechnology, Therapeutics, Life Science 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. ## Sunstone Life Science Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Series B, Series A - Focus: Biotechnology, Health Care, Medical Sunstone Life Science Ventures is an independent European venture capital investment firm. We enable and empower life science therapeutics innovations. ## Seed Capital - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - 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. ## People Ventures - Type: VC Fund - Location: Taastrup, Hovedstaden, Denmark - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Health Care, Internet of Things Backing founders with people, money and presence | People Ventures ## Innovation Fund Denmark - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 2 - 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. ## PSV - Type: VC Fund - Location: Lyngby, Hovedstaden, Denmark - Relevant deals: 2 - 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. ## Wellcome Trust - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Grant, Series C - Focus: Biotechnology, Health Care, Medical Wellcome Trust is a medical research charity that funds research that aims to protect and improving human and animal health. It focuses on the fields of public engagement, investments, innovation, humanities, and social science. It was founded in 1936 and headquartered in London, England. ## VentureFriends - Type: VC Fund - Location: Athens, Attiki, Greece - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: FinTech, Software, E-Commerce VentureFriends is a venture capital fund that invests in tech-enabled companies. VentureFriends (VF) is a venture capital fund specialising in seed stage startups. VF seeks to invest in tech-enabled B2C and B2B startups that can develop a sustainable moat over time and have a sweet spot for PropTech, FinTech, Marketplaces, and SaaS. The fundtypically invests between €0.3M - €2.5M and can follow on up to a total of €5 - 10M. VentureFriends invests predominantly in Europe and is founded by ex-entrepreneurs and angel investors, thus having an entrepreneurial and founder-friendly philosophy. ## CAPNOVA - Type: VC Fund - Location: Aarhus, Midtjylland, Denmark - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, B2B 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. ## Inovo.vc - Type: VC Fund - Location: Warsaw, Mazowieckie, Poland - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, SaaS VC for the most ambitious founders in CEE ## Teknoinvest - Type: VC Fund - Location: Oslo, Oslo, Norway - Relevant deals: 1 - Stages: Series B, Series A - Focus: Biotechnology, Health Care, Medical 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. ## North Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Series A - Focus: Financial Services North Ventures is a venture capital firm investing in technology-driven companies from Seed to Series A in Denmark and across the Nordics. ## p53 - Type: VC Fund - Location: Stavanger, Rogaland, Norway - Relevant deals: 1 - Stages: Series A - Focus: Biotechnology, Medical, Life Science p53 identifies and invests in innovative healthcare companies, particularly in the fields of biotechnology and medical devices. ## VF Venture - Type: VC Fund - Relevant deals: 1 - 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. ## Jørleif Joensen - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed - Focus: Medical, Health Care Jørleif Joensen ## Innovestor - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Health Care, Information Technology Innovestor is an active Finnish investment manager, focusing on venture capital, real estate, and energy storage. We also offer corporate venturing services. ## M Ventures - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Biotechnology, Health Care, Therapeutics Merck Ventures is the strategic, corporate venture capital arm of Merck. Its mandate is to invest in innovative technologies and products with the potential to significantly impact Merck‘s core business areas. From its headquarters in Amsterdam and offices in the US and Israel we invest globally in transformational ideas driven by greatentrepreneurs. Merck Ventures takes an active role in its portfolio companies and teams up with entrepreneurs and co-investors to translate innovation towards commercial success. Merck Ventures has a significant focus on early-stage investing and company creation including the creation of spin-offs to leverage Merck‘s science and technology base. ## Eli Lilly - Type: VC Fund - Location: Indianapolis, Indiana, United States - Relevant deals: 1 - Stages: Series A, Series B - Focus: Biotechnology, Health Care, Medical Lilly is a medicine company that puts health above all. Learn about our medicines, view condition support, find care, and much more. ## Biofund - Type: VC Fund - Location: Siena, Toscana, Italy - Relevant deals: 1 - Stages: Seed - Focus: Genetics, Medical, Health Care 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. ## Sagitta Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Series B - Focus: Aerospace Sagitta Ventures invests in early-stage companies in the Nordics and provides long-term capital backing for well-managed businesses that are seeking minority investors without a defined exit horizon. ## Cormorant Asset Management - Type: VC Fund - Location: Boston, Massachusetts, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Medical Cormorant Asset Management is an employee-owned hedge fund sponsor that provides its services to pooled investment vehicles. The firm also focuses on both public and private market innovative companies in the biotechnology and life sciences marketplace. ## Industrifonden - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 1 - Stages: Series A, Seed - Focus: Software, Biotechnology, Information Technology 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. ## Bossa Invest - Type: VC Fund - Location: São Paulo, Sao Paulo, Brazil - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Financial Services Aprenda a Investir em Startups ## DigitalDx Ventures - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 1 - Stages: Series A, Seed - Focus: Biotechnology, Health Care, Medical DigitalDx Ventures is a Silicon Valley Venture firm uniquely positioned to find, support, mentor and grow the outliers in digital healthcare. DDX invests in early stage companies who effectively and efficiently harness the power of artificial intelligence and big data to profoundly impact outcomes in both diagnostics and therapeutics. ## Danske Bank - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Post-IPO Debt, Debt Financing - Focus: Manufacturing, Energy, Biotechnology 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. ## BankInvest Biomedical Venture - Type: VC Fund - Relevant deals: 1 - Stages: Series B, Series C - Focus: Biotechnology, Health Care, Medical BankInvest Biomedical Venture makes investments in research-based biotechnology companies in Europe. ## Crista Galli Ventures - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Health Care, Medical, Wellness Physician-led venture capital investing in TechBio, DeepTech Healthcare, and Digital Health. ## EISMEA - Type: VC Fund - Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium - Relevant deals: 1 - Stages: Grant, Seed - Focus: Biotechnology, Software, Health Care Executive Agency for SMEs ## Polaris Partners - Type: VC Fund - Location: Boston, Massachusetts, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Medical Polaris Partners invests in healthcare and biotechnology companies. Their healthcare portfolio companies' care delivery models include digital health, consumer-centric businesses, patient-provider solutions, data science, and analytics. Their life sciences and biotechnology portfolio companies focus on molecules and platforms, therapeutics,and genomics. ## LS Polaris Innovation Fund - Type: VC Fund - Relevant deals: 1 - Stages: Series A, Series B - Focus: Biotechnology, Medical, Biopharma The LS Polaris Innovation Fund aims to accelerate the commercial and therapeutic potential of early stage academic research. ## Dansk Erhvervsinvestering - Type: VC Fund - Relevant deals: 1 - Focus: Medical, Health Care, Biotechnology Dansk Erhvervsinvestering is a company that assists individuals with investing. ## Inkef - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Biotechnology, Health Care, Medical SVB - Europe's biggest online shop for boating equipment and accessories! Worldwide delivery, even directly on-board! ## Sofinnova Partners - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Health Care, Medical Sofinnova Partners is a leading European venture capital firm in life sciences, specializing in healthcare and sustainability. Based in Paris, London and Milan, the firm brings together a team of professionals from all over the world with strong scientific, medical and business expertise. ## CBC Investment Group - Type: VC Fund - Location: Gothenburg, Vastra Gotaland, Sweden - Relevant deals: 1 - Stages: Seed, Series B - Focus: Software, Biotechnology, SaaS CBC Investment Group started in 2009 in the midst of the financial crisis. The banks were on their knees, start-ups of small and medium-sized companies - all of a sudden they saw their credit and credit promises turned into demands for quick repayment and empty words. Serious talented entrepreneurs' ideas and companies risked going completelyunnecessary. In response to this crisis, they started the CBC Investment Group. ## Novo Ventures - Type: VC Fund - Location: Bagsværd, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Medical Novo Holdings is a world-leading life science investor with a focus on creating long-term value. ## Penny Schiffer - Type: Angel - Relevant deals: 1 - Stages: Seed, Series A - Focus: Medical, Health Care, Finance Penny Schiffer - CEO & Co-founder @ Raized.ai ## European Investment Bank - Type: VC Fund - Location: Luxembourg, Luxembourg, Luxembourg - Relevant deals: 1 - Stages: Debt Financing, Post-IPO Debt - Focus: Biotechnology, Health Care, Energy The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture. ## Sound Bioventures - Type: VC Fund - Location: Malmö, Skane Lan, Sweden - Relevant deals: 1 - Stages: Series A, Seed - Focus: Biotechnology, Medical, Therapeutics Sound Bioventures is a venture capital fund investing in clinical stage companies. ## VIB - Type: VC Fund - Location: Gent, Oost-Vlaanderen, Belgium - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Biotechnology, Health Care, Therapeutics Strategic research in on life sciences and biotechnology ## Roche Venture Fund - Type: VC Fund - Location: Basel, Basel-Stadt, Switzerland - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Biotechnology, Health Care, Therapeutics We are the corporate venture fund of Roche, a global leader in bringing medicines and in vitro diagnostics to the benefit of patients. ## Morten Strunge - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Fashion, E-Commerce, Beauty Morten Strunge is the current Co-Founder of Nexta.io. He previously worked at Storytel AB as a Board Member. ## Bhavik Bajaj - Type: Angel - Relevant deals: 1 - Stages: Pre-Seed, Seed, Angel - Focus: Information Technology, Software, FinTech Bhavik Bajaj ## V-Bio Ventures - Type: VC Fund - Location: Gent, Oost-Vlaanderen, Belgium - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Biotechnology, Health Care, Therapeutics V-Bio Ventures is an independent venture capital firm specialized in building and financing young, innovative life science companies. The fund invests throughout Europe in start-up and early-stage companies with high growth potential focusing on technologies that provide transformational improvements in the biotech, pharmaceutical and agriculturalsectors. ## Droia Ventures - Type: VC Fund - Location: Luxembourg, Luxembourg, Luxembourg - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Biotechnology, Medical, Health Care Droia Ventures is a specialist investor, dedicated to making an impact and save patient lives. We invest in the most promising life science companies.