# Lise Kaae

> Lise Kaae is a funding round investor at Heartland (Aarhus) backing Software and E-Commerce. See 11 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Heartland](https://shizune.co/investors/profile/heartland-22c5)
- Location: Aarhus, Denmark
- Total investments: 11
- Last investment: Jan 2026
- Lead investor: 82%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/lise-kaae-a4b25811/

Lise Kaae is a funding round investor at Heartland in Aarhus focused on Software and E-Commerce. Lise Kaae is the CEO of Heartland.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 18% |
| E-Commerce | 2 | 18% |
| Retail Technology | 2 | 18% |
| Banking | 1 | 9% |
| Farming | 1 | 9% |

22 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Funding Round | 3 | 27% |
| Seed | 2 | 18% |
| Pre-Seed | 1 | 9% |
| Series A | 1 | 9% |
| Series D | 1 | 9% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Denmark | 4 | 36% |
| Sweden | 1 | 9% |
| United Kingdom | 1 | 9% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Lunar | Lunar is a digital challenger bank that offers a mobile-based banking app that helps consumers control their personal finances.It provides a range of financial services including insurance, savings, budgets, loans, and investments via a mobile application. The company also operates a banking license and launched a challenger bank providing freeaccounts and a subscription-based service called Lunar Premium. Lunar aims to roll out full personal and business banking operations and strive towards profitability in profitable banking markets. Up to date, the company has raised €104 million from investors including Seed Capital, Greyhound Capital, Socii Capital and Chr. Augustinus Fabrikker. It has offices in Aarhus, Copenhagen, Stockholm, and Oslo, with a headcount of more than 180 employees.The Copenhagen, Hovedstaden-based company was founded in 2015 by Ken Villum Klausen. | $54.6M |  | Jan 27, 2026 |  |
| Firstfarms | FirstFarms streamline in the operation and development of farming by investing in land for the future production of agricultural products. | $27.4M |  | Feb 29, 2024 |  |
| Softpay | Softpay is a mobile application and payment terminal that designs for contactless online transaction. | $5M | Seed | Apr 04, 2022 |  |
| Landfolk | Landfolk offers rental services for trip and vacation. |  | Seed | Mar 21, 2022 |  |
| Landfolk | Landfolk offers rental services for trip and vacation. |  | Pre-Seed | Mar 21, 2022 |  |
| Lunar | Lunar is a digital challenger bank that offers a mobile-based banking app that helps consumers control their personal finances.It provides a range of financial services including insurance, savings, budgets, loans, and investments via a mobile application. The company also operates a banking license and launched a challenger bank providing freeaccounts and a subscription-based service called Lunar Premium. Lunar aims to roll out full personal and business banking operations and strive towards profitability in profitable banking markets. Up to date, the company has raised €104 million from investors including Seed Capital, Greyhound Capital, Socii Capital and Chr. Augustinus Fabrikker. It has offices in Aarhus, Copenhagen, Stockholm, and Oslo, with a headcount of more than 180 employees.The Copenhagen, Hovedstaden-based company was founded in 2015 by Ken Villum Klausen. | $79.1M | Series D | Feb 14, 2022 |  |
| Solitwork | Solitwork focuses on back-end technology within Microsoft and agile business models during & after the implementation of a BI solution. |  | Venture - Series Unknown | Jan 21, 2022 |  |
| Touchtech | Touchtech their platform connects brands, retailers, and consumers. | $4.4M |  | Nov 26, 2021 |  |
| Touchtech | Touchtech their platform connects brands, retailers, and consumers. | $4.4M | Post-IPO Equity | Nov 26, 2021 |  |
| Native Commerce | Native Commerce is a world-class retail & logistics platform designed to help modern retailers operate, scale, and deliver exceptional customer experiences, all from one connected system.Built by experienced operators who’ve run retail at scale, the platform unites eCommerce, warehouse management, and delivery into a single ecosystem that’sfast to deploy, easy to run, and proven to grow with your business.With deep expertise spanning retail operations, technology, and eCommerce strategy, Native Commerce helps brands turn complex operations into a competitive advantage.Trusted by leading brands including Carrefour, CityDrinks, Circle K, Heimkaup, and Cerise, Native Commerce powers retail operations across the UK, Europe, and the Middle East, and is expanding into emerging markets worldwide. | $28M | Series A | Sep 23, 2021 |  |

10 of 11 investments shown.

## Co-investors
- [A.GAIN (Formerly IDC Ventures)](https://shizune.co/investors/profile/idc-ventures) — VC Fund, 2 deals together
- [Kinnevik](https://shizune.co/investors/profile/investment-ab-kinnevik) — VC Fund, 2 deals together
- [TA Ventures](https://shizune.co/investors/profile/ta-venture) — VC Fund, 2 deals together
- [Tencent](https://shizune.co/investors/profile/tencent) — VC Fund, 2 deals together
- [100A](https://shizune.co/investors/profile/100a) — VC Fund, 1 deal together
- [Baring Vostok Capital Partners](https://shizune.co/investors/profile/baring-vostok-capital-partners) — VC Fund, 1 deal together

## About Heartland

VC Fund · Aarhus, Denmark

Heartland engages in the future and invests in areas such as fashion, retail, and technology, sustainability and business innovation, renewables, nature conservation, education and properties.

3 contacts available at Heartland.

| Name | Title | Profile |
| --- | --- | --- |
| Anders Holch Povlsen | Founder & Chairman | https://shizune.co/investors/profile/anders-holch-povlsen-539b |
| Lise Kaae | CEO | https://shizune.co/investors/profile/lise-kaae-3a2a |
| Lise Kaae | CEO | https://shizune.co/investors/profile/lise-kaae |

## Similar investors

### Similar stage
- [Bpifrance](https://shizune.co/investors/profile/bpifrance) — VC Fund
- [SFC Capital](https://shizune.co/investors/profile/startup-funding-club) — VC Fund
- [HTGF (High-Tech Gruenderfonds)](https://shizune.co/investors/profile/high-tech-gr%C3%BCnderfonds) — VC Fund

## FAQ

### What does Lise Kaae invest in?

Lise Kaae invests primarily in Software, E-Commerce and Retail Technology startups, most often at Funding Round and Seed stage. Most of the 11 investments tracked by Shizune back companies in Denmark. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Lise Kaae last invest?

The most recent investment recorded for Lise Kaae closed in Jan 2026. Shizune tracks 11 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