# Helge Munk > Helge Munk is a seed investor at QuadSAT (Odense) backing SEO, SaaS and EdTech. See 4 investments, check sizes, portfolio. Updated Aug 2026. - Type: Angel Investor - Fund: [QuadSAT](https://shizune.co/investors/profile/quadsat) - Location: Odense, Denmark - Total investments: 4 - Last investment: Mar 2023 - Lead investor: 50% - Last updated: Aug 2026 - LinkedIn: https://www.linkedin.com/in/helge-munk-7012714/ Helge Munk is a Danish entrepreneur, known for taking Athena IT-Group from the stock exchange, turned it around and sold it to Sentia in 2017.He invests through Munk Holding, a holding company with investments in 6-10 minor companies. Most of these companies are situated in the same building as Munk Holding Egelundsvej 18, Odense S, owned byEjendomsselskabet Munk. ## Round sizes | Stage | Round size | | --- | --- | | Seed | $917k–$2.2M | ## Investment focus ### Industry | Industry | Investments | Share | | --- | --- | --- | | SEO | 1 | 25% | | SaaS | 1 | 25% | | EdTech | 1 | 25% | | Software | 1 | 25% | | Analytics | 1 | 25% | 10 industries tracked in total. ### Stage | Stage | Investments | Share | | --- | --- | --- | | Seed | 1 | 25% | | Angel | 1 | 25% | | Series A | 1 | 25% | ## Investments | Company | Description | Amount | Stage | Date | Website | | --- | --- | --- | --- | --- | --- | | QuadSAT | QuadSAT has been established as a VSAT solution and R&D company in Horsens, Denmark. Their satellite service offerings range from preventative maintenance, servicing, upgrades and new installation on Ku, C-band, and TVRO installations whether it is maritime or terrestrial.They also provide consultation, auditing, surveying and projectmanagement ensuring a reliable and efficient communications network for Their clientele.Their company has built on innovation; therefore they pay attention to the newest technologies and work on their own inventions to improve the service level in the whole satellite industry. | $9.5M | Series A | Mar 15, 2023 | | | QuadSAT | QuadSAT has been established as a VSAT solution and R&D company in Horsens, Denmark. Their satellite service offerings range from preventative maintenance, servicing, upgrades and new installation on Ku, C-band, and TVRO installations whether it is maritime or terrestrial.They also provide consultation, auditing, surveying and projectmanagement ensuring a reliable and efficient communications network for Their clientele.Their company has built on innovation; therefore they pay attention to the newest technologies and work on their own inventions to improve the service level in the whole satellite industry. | $2.4M | Seed | Sep 10, 2020 | | | QuadSAT | QuadSAT has been established as a VSAT solution and R&D company in Horsens, Denmark. Their satellite service offerings range from preventative maintenance, servicing, upgrades and new installation on Ku, C-band, and TVRO installations whether it is maritime or terrestrial.They also provide consultation, auditing, surveying and projectmanagement ensuring a reliable and efficient communications network for Their clientele.Their company has built on innovation; therefore they pay attention to the newest technologies and work on their own inventions to improve the service level in the whole satellite industry. | $917K | Seed | Jan 16, 2019 | | | Morningscore | Morningscore offers a new SEO platform that allows users to track their ROI and get improvement suggestions.This means that you get an accurate estimate of what your traffic is worth in your preferred currency.Morningscore also offers the standard features like backlink tracking and discovery and keyword rank tracking presented through a veryintuitive and user-friendly UI.Moreover, you're able to add competitors and get updates about their rankings on a regular basis. Additionally, Morningscore is free throughout the whole Beta period and anyone can go ahead and register.If you'd like to learn more about us and the journey we want to take you on, check out our Roadmap https://morningscore.io/roadmap/ page (it's funny with a nice design, promise). | | Angel | | | 4 of 4 investments shown. ## Co-investors - [Seraphim Space](https://shizune.co/investors/profile/seraphim-capital) — VC Fund, 4 deals together - [Vaekstfonden](https://shizune.co/investors/profile/v%C3%A6kstfonden) — VC Fund, 3 deals together - [Vaekstfonden](https://shizune.co/investors/profile/v%C3%A6kstfonden-43cc) — VC Fund, 2 deals together - [IQ Capital](https://shizune.co/investors/profile/iq-capital-partners) — VC Fund, 1 deal together ## About QuadSAT VC Fund · Odense, Denmark QuadSAT has been established as a VSAT solution and R&D company in Horsens, Denmark. Their satellite service offerings range from preventative maintenance, servicing, upgrades and new installation on Ku, C-band, and TVRO installations whether it is maritime or terrestrial.They also provide consultation, auditing, surveying and projectmanagement ensuring a reliable and efficient communications network for Their clientele.Their company has built on innovation; therefore they pay attention to the newest technologies and work on their own inventions to improve the service level in the whole satellite industry. 4 contacts available at QuadSAT. | Name | Title | Profile | | --- | --- | --- | | Helge Munk | Partner | https://shizune.co/investors/profile/helge-munk | | Torben Frigaard Rasmussen | Chairman of the Board | https://shizune.co/investors/profile/torben-frigaard-rasmussen | | Joakim Espeland | CEO and Co founder | https://shizune.co/investors/profile/joakim-espeland | | Rob Desborough | Board Director | https://shizune.co/investors/profile/rob-desborough | ## Similar investors ### Similar industry - [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund - [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund - [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund ### Similar stage - [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund - [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund - [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund ### Similar country - [Vaekstfonden](https://shizune.co/investors/profile/v%C3%A6kstfonden) — VC Fund - [PSV](https://shizune.co/investors/profile/preseed-innovation) — VC Fund - [Seed Capital](https://shizune.co/investors/profile/seed-capital) — VC Fund ## Featured in investor lists - [Enterprise Angel Investors in Denmark](https://shizune.co/investors/enterprise-angel-investors-denmark) - [Enterprise Investors in Denmark](https://shizune.co/investors/enterprise-investors-denmark) - [All Angel Investors in Denmark](https://shizune.co/investors/angel-investors-denmark) - [Hardware Investors in Denmark](https://shizune.co/investors/hardware-investors-denmark) - [Hardware Angel Investors in Denmark](https://shizune.co/investors/hardware-angel-investors-denmark) ## FAQ ### What does Helge Munk invest in? Helge Munk invests primarily in SEO, SaaS and EdTech startups, most often at Seed and Angel stage. Most of the 4 investments tracked by Shizune back companies in Denmark. The Investment Focus section breaks down every industry, stage and country in the portfolio. ### What is Helge Munk's check size? Helge Munk typically joins rounds of $917k–$2.2M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Helge Munk participates in. ### When did Helge Munk last invest? The most recent investment recorded for Helge Munk closed in Mar 2023. Shizune tracks 4 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly. ### Is Shizune's investor data accurate? Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co