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Top 15 Retail VC Funds & Investors in Denmark (July 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
CVX Ventures
VC Fund
2 Denmark, Sweden, Norway Seed, Pre-Seed, Angel Manufacturing, SaaS, Gaming $100k–$5.5M
People Ventures
VC Fund
2 Denmark, Sweden, United States Seed, Pre-Seed, Series A Software, Health Care, Internet of Things $1.1M–$21M
PSV
VC Fund
2 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $88k–$4.7M
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
Nordic Foodtech VC
VC Fund
1 Finland, Denmark, Sweden Seed, Series A, Pre-Seed Biotechnology, Food and Beverage, Life Science $549k–$18M
Eutopia VC
VC Fund
1 France, Belgium, Denmark Seed, Series A Retail, E-Commerce, Food and Beverage $3.3M–$53M
Burda Principal Investments
VC Fund
1 United States, Germany, United Kingdom Series B, Series A, Series C E-Commerce, Internet, Retail $5M–$200M
Vaekstfonden
VC Fund
1 Denmark, United States, United Kingdom Seed, Pre-Seed Software, Information Technology, SaaS $412k–$4.6M
Bestseller
VC Fund
1 Denmark, Germany, United States Series B, Corporate Round Fashion, E-Commerce, Retail $11M–$33M
Nordic Eye Venture Capital
VC Fund
1 United States, Denmark, India Series A, Seed E-Commerce, Internet, SaaS $800k–$12M
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
Dreamcraft Ventures
VC Fund
1 Denmark, United Kingdom, Germany Seed, Pre-Seed, Series A Software, Information Technology, Internet $200k–$16M
Export and Investment Fund
VC Fund
1 Denmark, United States, United Kingdom Seed, Series A Software, Biotechnology, Health Care $390k–$84M
Access all 35 VC funds in Denmark Retail startups.

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Investor list

CVX Ventures
VC Fund · Köpenhamn, Vasternorrlands Lan, Sweden · 2 investments in Denmark Retail startups

Together with our partners, we invest capital and skills in the most promising growth companies and make a difference for Nordic businesses.

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Investment focus

  • Industry: Manufacturing, SaaS, Gaming
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Denmark, Sweden, Norway

Investor stats

  • Total investments: 43
  • Round size: Seed $100k–$5.5M; Pre-Seed $125k–$2.3M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Bookboost — Communicate with your guests without any effort and across the entire guest journey. Our Multi-Channel CRM and Unified Inbox are here to help you enhance your guest experience.
  • TastyUrban — TastyUrban is in the process of developing a new generation of restaurant usage and strategy.
  • Rehuman — Rehuman helps you gain control over your policies with a simple, smart, stress-free digital wallet.
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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: 34
  • Round size: Seed $1.1M–$19M; Pre-Seed $1.5M–$1.6M; Series A $6.3M–$21M
  • Lead/follow: 62% lead, 38% 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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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: 142
  • 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

  • Woba — Woba is a SaaS aiming to support a stress-free work environment and minimise sick leave.
  • Accordium — Double your sales pipeline with personalised videos. Accordium helps you 8x their customer engagement, by enabling you to create, share and track personalised videos in direct sales or via sales campaigns. .Videos help salespeople build stronger relationships with their buyers, leading to faster more meetings booked, and more deals closed.Track your prospects behaviour and know when to take action. Follow up when your lead opened your email, clicked links, or watched a video.
  • Upodi ApS — Let Upodi take care of your recurring billing and subscription management while you take care of your business growth. Try the software for free!
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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: 188
  • Round size: Seed $515k–$5.2M; Series A $3.8M–$17M
  • Lead/follow: 29% lead, 71% follow
  • Last fund: Likely still investing — raised $73M in 2021

Portfolio highlights

  • abeo — One Organization with One Focus - To provide world-class technology-enabled revenue cycle management and related business solutions for facility-based physician specialties.
  • Mofibo — Mofibo started in Copenhagen (2013) as one of the world’s first book subscription services. We are currently in three countries and will be expanding into more countries within the next 12 months. Our overall goal is to transform the way millions of people interact with books, through using a data-driven and customer centric approach tofundamentally change the reading experience crosses multiple countries.
  • 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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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: 17
  • Round size: Seed $635k–$2M; Pre-Seed $220k–$2.5M; 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.
  • Muon Vision — Maximize your mining recovery and safety with our subsurface intelligence technology. We provide muon tomography for mining to deliver 4D continuous monitoring of heap leach pads, tailings dams, and underground cavities.
  • 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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Nordic Foodtech VC
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Denmark Retail startups

We are investing in #FutureFood. Nordic FoodTech VC is the first fund in the Nordics investing explicitly in the future of food

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Investment focus

  • Industry: Biotechnology, Food and Beverage, Life Science
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, Denmark, Sweden

Investor stats

  • Total investments: 29
  • Round size: Seed $549k–$5.5M; Pre-Seed $1.1M–$1.9M; Series A $6.8M–$18M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — raised $49M in 2021

Portfolio highlights

  • Hailia Oy — We mainstream seafood sidestreams with technology that upcycles them into tasty food products.
  • MÖ Foods — MÖ Kaurajogu is domestic, completely herbal and above all delicious. All our products are manufactured in Central Ostrobothnia, Lohtaja.
  • Tracegrow — Tracegrow is a Finnish cleantech company operating in the circular economy. They are the only company in the world that has developed an innovative technology to extract, purify and reuse the vital trace elements Zinc and Manganese from alkaline batteries and circulate them safely back to the nature as the world’s most ecological Zinc andManganese-based micronutrient products for farming.They strive to minimize the exploitation of their planet’s limited resources by reusing them wisely. Their clean technology innovation provides a solution to two global challenges: the ecological reuse of the trace elements in alkaline batteries and nourishing farmland suffering from micronutrient deficiency.
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Eutopia VC
VC Fund · Paris, Ile-de-France, France · 1 investments in Denmark Retail startups

Eutopia is a fund for consumer startups. We back founders who are rethinking the way we eat, shop, sleep and feel. We are backing 26 startups

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Investment focus

  • Industry: Retail, E-Commerce, Food and Beverage
  • Stage:Seed, Series A
  • Geography: France, Belgium, Denmark

Investor stats

  • Total investments: 16
  • Round size: Seed $3.3M–$10M; Series A $11M–$53M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Bastille — Bastille is a brand of urban bicycles. The Astir brand is synonymous with folding bicycles. The primary quality constraint Bastille, a British designer, aims to create a folding motorcycle with standard wheels rather than the mini 16-inch wheels that are traditionally associated with folding bikes.
  • Moderato — Moderato is a retail and wholesale company that manufactures and supplies a range of beverages online to various sectors.
  • SPRiNG Collective — SPRiNG is a consumer goods company that offers clean and efficient laundry and cleaning products, delivered in a 100% plastic-free box and directly in the mailbox. The company is headquartered in Paris, Ile-de-France, France by Philippe Cantet, Laure Favre, and Ben Guerville in 2017.
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Burda Principal Investments
VC Fund · Munich, Bayern, Germany · 1 investments in Denmark Retail startups

Burda Principal Investments (BPI) is a division of Hubert Burda Media which provides long term growth equity for fast growing digital technology and media companies.

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Investment focus

  • Industry: E-Commerce, Internet, Retail
  • Stage:Series B, Series A, Series C
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 72
  • Round size: Series A $5M–$30M; Series B $6.2M–$200M; Series C $16M–$67M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Bloom & Wild — Bloom & Wild, a letterbox flower delivery company, take an online approach to the traditional business of ordering and delivering flowers. It has infused the traditional flower-giving experience with predictive analytics and technology to deliver a fresher, less-traveled bouquet to the people they care most about.Founded in 2013 by AronGelbard and Ben Stanway, Bloom & Wild aims to become the pan-European market leader in flower and gift delivery. The company continued its expansion into more European markets and added bricks and mortar retail for the UK. By entering into a retail partnership with Sainsbury’s, Bloom & Wild sees an exclusive range of premium bouquets available in selected superstores nationwide.
  • Skillshare — Skillshare is an online learning community with thousands of inspiring classes for creative and curious people, on topics including illustration, design, photography, video, freelancing, and more. The company's community offers classes on any type of skill, from baking cupcakes to raising startup capital to varying fields in design, business,and technology, enabling members to harness their creative power and learn skills in an enhanced way. The company was founded in 2010 and is headquartered in New York.
  • welevel — Building games with attitude
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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 $412k–$1.2M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Merus Audio — Merus Audio is an audio company that develops switching audio amplifiers. The developed audio amplifiers consist a multilevel audio amplifier technology, which is a combination of a multilevel switching topology and a dynamic power management scheme to improve efficiency and compactness. The company's product eximo MA12040/12040P andMA12070/MA12070P are used for home theater systems, TVs, sound bars, stereo systems, mobile phones, and portable media players. They cut down power losses during operations.Merus Audio was found by Mikkel Hoyerby, and Hans Andersen in 2010; and is headquartered in Herlev, Denmark.
  • First Agenda — FirstAgenda is designed to seamlessly facilitate administrative work from agenda sending to meeting preparation- and the holding of the meeting itself. With FirstAgenda, you can be confident that you have the most updated versions of the meeting material. Your material is always accessible for review - wherever you are.
  • Blackwood Seven — Blackwood Seven is a media analytics platform which strives to increase the effect of company’s media spend using our predictive analytics framework built on machine learning and artificial intelligence. Using real-time modelling and advanced KPI prediction we are able to increase a company’s media ROI by up to 15-25%.
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Bestseller
VC Fund · Oslo, Oslo, Norway · 1 investments in Denmark Retail startups

Start your new career today

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Investment focus

  • Industry: Fashion, E-Commerce, Retail
  • Stage:Series B, Corporate Round
  • Geography: Denmark, Germany, United States

Investor stats

  • Total investments: 13
  • Round size: Series B $11M–$33M
  • Lead/follow: 62% lead, 38% follow

Portfolio highlights

  • matterr — matterr is the developer of plastic recycling technology designed for colored bottles, multi-layer packaging, and polyester textiles.
  • SoftWear Automation — SoftWear Automation, Inc. is an Atlanta-based machine vision and advanced robotics startup disrupting the $1.1 trillion apparel and textile industry. The company’s revolutionary, patented, fully-automated Sewbot technology was developed over nine years of R&D in collaboration with Georgia Tech and funding from DARPA, the Walmart Foundation,and Private Venture Capital.
  • Infinited Fiber Company — Infinited Fiber Company is a Finnish biotech founded in 2016 to commercialize a breakthrough recycling technology that can turn cellulose-rich raw materials – like cotton-rich textile waste, used cardboard, or wheat or rice straw – into high-quality textile fibers with the look and feel of cotton. The patented technology has been validated byleading brands and is ready to be scaled. Infinited Fiber Company won the Europas 2020 Hottest Sustainability Tech Award, and was listed on the Global 50 to Watch by Cleantech Group in 2019. In 2016 Infinited Fiber Company was selected into WWF’s Climate Solver network. The company is headquartered in Espoo, Finland.
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Access 48,091 investors

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

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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: 36
  • Round size: Seed $800k–$6M; Series A $1.5M–$12M
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • Govly — Govly is building a market network for government contracting, like AngelList for government procurement.
  • Freightify — Integrated platform for freight rate management, sailing schedules, and freight quotes. Easy rate search to customer management. All in one dashboard.
  • Underlining — Underlining a beauty and wellness company that creats innovative products across multiple beauty verticals.
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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: 142
  • 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

  • Cortea — Cortea leverages artificial intelligence to revolutionize the auditing process by enhancing speed, accuracy, and transparency. Cortea transforms audits from traditional, labor-intensive processes into faster, more reliable, and more transparent operations.
  • Flatpay — Flatpay's fair, flat-rate pricing simplifies payments & cuts costs. Benefit from our comprehensive solution & superior customer service. Join us now!
  • RPA Supervisor — Optimizing operations with AI driven orchestration and automated error handling. Providing complete insight into operations and deliveries with advanced reporting and notification capabilities.
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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.
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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, United Kingdom, Germany

Investor stats

  • Total investments: 49
  • Round size: Seed $200k–$4.3M; Pre-Seed $500k–$3.1M; Series A $10M–$16M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: May invest from a new fund soon — raised $30M in 2014

Portfolio highlights

  • Zellify — Zellify is a constructing Web2App infrastructure.
  • 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: 119
  • Round size: Seed $390k–$11M; Series A $4.7M–$84M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Woba — Woba is a SaaS aiming to support a stress-free work environment and minimise sick leave.
  • Embankment — Dedicated to AIFs. Driven by technology, delivered by domain experts
  • Landfolk — Landfolk is the new marketplace for the special holiday homes that are hidden around the country. We have hand-picked every single cottage, where there are proud and passionate hosts, who love their holiday homes, but also like to share it with others.
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Retail VC funding in Denmark at a glance

Stats across 24 deals from 35 investors.

35
investors
in Denmark Retail startups
24
deals
in Denmark Retail startups
$6.3M
median round
in Denmark Retail startups
46%
lead investors
lead at least one round
21%
Seed
most common funding stage

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