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Top 10 Retail VC Funds & Investors in Denmark (June 2026)

The most active venture capital funds investing in Denmark Retail startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Denmark Retail startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
PSV
VC Fund
2 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $88k–$4.7M
People Ventures
VC Fund
2 Denmark, Sweden, United States Seed, Pre-Seed, Series A Software, Health Care, Internet of Things $1.1M–$21M
Vaekstfonden
VC Fund
1 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $440k–$4.6M
Dreamcraft Ventures
VC Fund
1 Denmark, Germany, United Kingdom Seed, Pre-Seed, Series A Software, Information Technology, Internet $200k–$15M
Export and Investment Fund
VC Fund
1 Denmark, United States, United Kingdom Seed, Series A Software, Biotechnology, Health Care $390k–$84M
Nordic Eye Venture Capital
VC Fund
1 United States, Denmark, India Series A, Seed E-Commerce, Internet, SaaS $800k–$12M
Seed Capital
VC Fund
1 Denmark, United States, United Kingdom Seed, Series A Software, Health Care, SaaS $515k–$17M
The Aventures
VC Fund
1 Denmark, United States, Norway Seed, Pre-Seed, Series B Financial Services, FinTech, Blockchain $220k–$75M
Dawn Capital
VC Fund
1 United Kingdom, United States, Denmark Series A, Series B, Series C Software, SaaS, Information Technology $3M–$180M
Unico Partners
VC Fund
1 France, Denmark Seed SaaS, Retail, Fashion $527k–$1.9M
Access all 32 VC funds in Denmark Retail startups.

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Investor list

PSV
VC Fund · Lyngby, Hovedstaden, Denmark · 2 investments in Denmark Retail 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: 138
  • Round size: Seed $500k–$4.7M; Pre-Seed $88k–$2.5M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — raised $42M in 2020

Portfolio highlights

  • Viio — Oveo creates cloud-based software that enables any company in any industry to easily discover, manage, optimise and secure all SaaS usage from one platform.We believe employees should be able to enjoy work, be agile, move fast and in turn become more innovative on behalf of the companies they work for. In a subscribed economy a “SaaS-Poweredworkplace” is the enabling foundation to make that vision come true and at Oveo we proud to contribute by making SaaS usage more transparent, manageable and secure. Theircloud-based software enable companies to easily push this transformation and as SaaS adoption continues to skyrocket we will be right here with you - building the platform to manage and optimize the lifecycle of your SaaS applications.
  • Woba — Woba is a SaaS aiming to support a stress-free work environment and minimise sick leave.
  • Legal Monster — Openli makes privacy transparent. Get control of your data processors and keep your DPAs up to date. Build trust and close deals faster all with Openli.
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People Ventures
VC Fund · Taastrup, Hovedstaden, Denmark · 2 investments in Denmark Retail startups

Backing founders with people, money and presence | People Ventures

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Investment focus

  • Industry: Software, Health Care, Internet of Things
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, Sweden, United States

Investor stats

  • Total investments: 31
  • Round size: Seed $1.1M–$19M; Pre-Seed $1.5M–$1.6M; Series A $6.3M–$21M
  • Lead/follow: 61% lead, 39% 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.
  • Opally — The aim of Opally is to assist hospitality professionals in spending more time crafting exceptional guest experiences and less time on emails.
  • Pandektes — Legal Research, redefined.
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Vaekstfonden
VC Fund · Hellerup, Hovedstaden, Denmark · 1 investments in Denmark Retail 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: 196
  • Round size: Seed $810k–$4.6M; Pre-Seed $440k–$1.2M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Captego — Unique, high-speed field data capture. Empower your inspectors & surveyors with our unique collection app. Benefit from high quality data to automate reports and data insights.
  • LastSwab — LastSwab launched May 2019 through the crowdfunding platform Kickstarter. At $16 a swab, LastSwab is meant to last at least 1,000 uses and is the easy-to-clean, reusable alternative to the abundant waste caused by single-use swabs around the globe. The tip of the swab is made from medical silicone and nylon and comes in a biodegradable case made ofa corn-based material. LastSwab can be easily cleaned using soap and water and is also dishwasher safe. It comes in a standard swab for cleaning and a pointed swab for makeup application. Be the change and #SwabYourHabits.
  • Donkey Republic — Donkey Republic is leading bike share service in Europe with footprint in more than 10 key cities in Europe. We operate our locations with partners, and use custom-branded bikes. Our software backbone is developed by us with unique features that ensure we respect public space with our hub-centric service model. At the same time, we maximizepredictability of bike availability and convenience. We pride ourselves in service innovation.
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Dreamcraft Ventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Retail startups

Seed-to-A engineers. We invest in techdriven companies in the Nordics and Europe.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, Germany, United Kingdom

Investor stats

  • Total investments: 46
  • Round size: Seed $200k–$4.4M; Pre-Seed $412k–$3.1M; Series A $10M–$15M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2014

Portfolio highlights

  • Catchwise — Fyll kvota mer effektivt. Finn den riktige fisken, med mindre tid og diesel.
  • Leadfamly — The gamification platform for marketers to create immersive brand experiences. Join hundreds of global brands making marketing playable >>
  • GamerzClass — A new beginning for GamerzClass
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Export and Investment Fund
VC Fund · Hellerup, Hovedstaden, Denmark · 1 investments in Denmark Retail 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: 114
  • Round size: Seed $390k–$11M; Series A $4.7M–$84M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • 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.
  • Akson Robotics — Akson Robotics is a developer of AI and robotics-based products that focus on greener and efficient agriculture through precision farming.
  • Aquark Technologies — Aquark Technologies develops atom systems to develop quantum applications, including atomic clocks, sensors, and navigation systems. Aquark develops a technique to miniaturize cold atom systems using unique laser geometry that is based on more than 10 years of proprietary research at the University of Southampton.
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Nordic Eye Venture Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Retail startups

International venture capital firm based in Copenhagen. We come from the North, but we work in the world. We are Fiftyfive Capital.

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Investment focus

  • Industry: E-Commerce, Internet, SaaS
  • Stage:Series A, Seed
  • Geography: United States, Denmark, India

Investor stats

  • Total investments: 35
  • Round size: Seed $800k–$6M; Series A $1.5M–$12M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Provenance — Provenance is a software solution for sustainability communications and supply chain transparency.
  • Coinify — Coinify offers a plug'n'play solution for your business to accept crypto currency payments and have it settled in your local currency (or in crypto). We also offer a widget which enables your customers to buy and sell crypto seamlessly. We even take care of everything backstage like liquidity, ch
  • Underlining — Underlining a beauty and wellness company that creats innovative products across multiple beauty verticals.
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Seed Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Retail 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: 186
  • Round size: Seed $515k–$5M; Series A $3.5M–$17M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: Likely still investing — raised $73M in 2021

Portfolio highlights

  • Cardlay — Build your own white-label card and expense management solution with Cardlay. Our platform helps banks, fleets, and tech partners launch modern spend management solutions fast.
  • Flatpay — Flatpay's fair, flat-rate pricing simplifies payments & cuts costs. Benefit from our comprehensive solution & superior customer service. Join us now!
  • Odendo — On Odendo you can make a great deal on exciting products while supporting a good cause
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The Aventures
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Retail startups

The team comes from heavy tech oriented background such as Cloud Infrastructure, Data Science, Theoretical Physics, Machine Learning, Software Development and Business development. We like to brand ourselves as "the nerds" in the tech space. We speak the same technical language as the founders and like to be an active part in the venturewe enter, depending on the needs of the founders. Our thesis is that we are building bridge spanning over the knowledge gap between deeptech founders and traditional investors.

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Investment focus

  • Industry: Financial Services, FinTech, Blockchain
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Denmark, United States, Norway

Investor stats

  • Total investments: 14
  • Round size: Pre-Seed $220k–$1.1M; Series B $75M–$75M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • MoonPay — MoonPay offers a fast and simple way to buy and sell cryptocurrencies. Buy crypto with credit card, bank transfers or Apple Pay today.
  • Kin, Personal AI — Get inspired, talk things through, navigate situations or get personalized guidance with Kin. Built for privacy, security, and with memory in mind.
  • Hyphen - Personal AI made private — Get inspired, talk things through, navigate situations or get personalized guidance with Kin. Built for privacy, security, and with memory in mind.
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Dawn Capital
VC Fund · London, England, United Kingdom · 1 investments in Denmark Retail startups

We are a family of investors, entrepreneurs, strategists and operational specialists, drawn together by our passion for helping B2B founders build category-defining companies.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Series A, Series B, Series C
  • Geography: United Kingdom, United States, Denmark

Investor stats

  • Total investments: 136
  • Round size: Series A $3M–$39M; Series B $9.8M–$66M; Series C $15M–$180M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $80M in 2023

Portfolio highlights

  • Harbr — The Harbr data commerce platform powers high-margin data businesses by enabling customized data product design and delivery at scale to drive significant revenue
  • BRYTER — BRYTER is the AI productivity suite for legal work, made actionable through rule-based workflows.
  • Runware — Run AI models with the lowest-cost API for developers. Fast, flexible access to generative models for image, video, audio, LLM, 3D, and more.
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Unico Partners
VC Fund · Paris, Ile-de-France, France · 1 investments in Denmark Retail startups

Unico takes equity stakes in start-ups or SMEs with high potential and makes available to investees the trans-disciplinary expertise of its founders (operations, technology , digital, busdev, financial engineering, HR, ...).

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Investment focus

  • Industry: SaaS, Retail, Fashion
  • Stage:Seed
  • Geography: France, Denmark

Investor stats

  • Total investments: 3
  • Round size: Seed $527k–$1.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sitowie — Sitowie develops SaaS technology and tools to understand the degradation of buildings.
  • Capsule — CAPSULE wardrobe app I rediscover your wardrobe I style and create outfits I follow wardrobes for styling inspiration
  • Tresorio — The Fog Computing platform providing VPS and cloud computing services, based on a proprietary and sustainable distributed infrastructure.
Show all investments...

Retail VC funding in Denmark at a glance

Stats across 22 deals from 32 investors.

32
investors
in Denmark Retail startups
22
deals
in Denmark Retail startups
$11M
median round
in Denmark Retail startups
50%
lead investors
lead at least one round
18%
Seed
most common funding stage

Access all 32 VC funds in Denmark Retail startups.

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