# Top 50 SaaS Startup Investors in Denmark in June 2026

## PSV
- Type: VC Fund
- Location: Lyngby, Hovedstaden, Denmark
- Relevant deals: 80
- 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.

## Seed Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 74
- 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.

## Vaekstfonden
- Type: VC Fund
- Location: Hellerup, Hovedstaden, Denmark
- Relevant deals: 68
- 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.

## byFounders
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 27
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Health Care

byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.

## Export and Investment Fund
- Type: VC Fund
- Location: Hellerup, Hovedstaden, Denmark
- Relevant deals: 22
- 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.

## People Ventures
- Type: VC Fund
- Location: Taastrup, Hovedstaden, Denmark
- Relevant deals: 19
- 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: 14
- 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.

## Heartcore Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 13
- Stages: Seed, Series A, Series B
- Focus: Software, Artificial Intelligence, FinTech

Heartcore Capital invests in companies re-enchanting the world through technology.

## Nordic Makers
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 11
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Education

Nordic Makers invests in early-stage Nordic B2B software startups, offering capital and founder support to help them scale globally.

## Ugly Duckling Ventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 11
- Stages: Pre-Seed, Seed
- Focus: Software, Information Technology, Artificial Intelligence

At Ugly Duckling Ventures, we make capital, know-how, and real-world application available to Nordic ventures at the seed & pre-seed stage. We are operational by nature and want to get in the grind as we excel at getting early-stage ventures ready for scale. 

## Dreamcraft Ventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 11
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Internet

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

## Klaus Nyengaard
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 10
- Stages: Seed, Angel, Series A
- Focus: E-Commerce, Marketplace, Apps

Klaus Nyengaard is the co-founder and Chairman of GenieBelt, a SaaS-based platform that develops project management software. He is also co-founder of the investment club, Nordic Makers. He serves as the co-chairman of Treatwell, a beauty and wellness community marketplace.
Nyengaard has previously been CEO & Chairman of Just-Eat pre-IPO, andbuild a number of tech companies.
In 1994, Klaus Nyengaard graduated from Aarhus University with a specialized degree in economics and management.

## Seedcamp
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 10
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, FinTech, SaaS

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

## The Footprint Firm
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 9
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Renewable Energy, Energy Management

The Footprint Firm is an advisory and investment company with a sole focus on sustainability. 

## Christian Jantzen
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 9
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, SaaS, Information Technology

Danish angel investor, based in London.

## CAPNOVA
- Type: VC Fund
- Location: Aarhus, Midtjylland, Denmark
- Relevant deals: 9
- 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.

## VF Venture
- Type: VC Fund
- Relevant deals: 9
- 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.

## David Helgason
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 8
- Stages: Seed, Series A
- Focus: Software, Gaming, Information Technology

David is a technologist, the founder of Unity Technologies, non-exec director to others, and a restless entrepreneur with a passion for creating feedback loops between innovation and teams and products, applying new and old business models to changing industries, and pushing people to do the very best they can do.David's background is inprogramming, an assortment of university dabbling, creating companies, and helping entrepreneurs. He served as CEO of Unity Technologies since co-founding it in 2003 and until October 2014, with an unflinching vision to democratize game development, and to develop technology and business models for the next phase of the games industry. David Helgason attended the University of Copenhagen.

## Nordic Eye Venture Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 8
- Stages: Series A, Seed
- Focus: E-Commerce, Internet, SaaS

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

## The Nordic Web Ventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 8
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Information Technology

The Nordic Web Ventures is an Angel Fund run by Neil S W Murray, backed by 50+ community builders, entrepreneurs and investors passionate about supporting early-stage Nordic startups.

## Sune Alstrup
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 8
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Computer Vision, Artificial Intelligence

Tech Investor and Entrepreneur, former Founder & CEO at The Eye Tribe

## Creandum
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 7
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, Artificial Intelligence

We support early-stage founders in building global, category-defining companies. From Seed to IPO and beyond.

## Headline
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 7
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Information Technology

Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.

## North-East Venture
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 7
- Stages: Seed, Pre-Seed
- Focus: Fashion, Software, E-Commerce

North-East Venture is an international, multi-stage fund placed in Copenhagen, Denmark. The fund was launched December 1st 2013.

## Nicolaj Nielsen
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 7
- Stages: Pre-Seed, Angel, Seed
- Focus: Software, Information Technology, Artificial Intelligence

Nicolaj nielsen is an investor at IDUN audio. attended INSEAD MBA, General Management.

## Peter Sandberg
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 7
- Stages: Angel, Pre-Seed, Secondary Market
- Focus: Internet, SaaS, FinTech

Peter Sandberg is a Co-Founder of Nordic Secondary Fund, and a venture partner at Startup Wise Guys.

He has extensive experience as a Business Angel, Asset Management and Wealth Management

## Morph Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 6
- Stages: Pre-Seed, Seed
- Focus: Artificial Intelligence, Software, Financial Services

Co-creating and investing in companies whose founders we believe in, to help them reach the next level faster.

## West Hill Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 6
- Stages: Series A, Seed
- Focus: Software, Health Care, Financial Services

West Hill Corporate Finance is a leading private equity venture capital firm providing EIS qualifying high-growth investments to private individuals.

## Crowberry Capital
- Type: VC Fund
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 6
- 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.

## Oskare Capital
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 6
- Stages: Seed, Series A, Pre-Seed
- Focus: Health Care, Biotechnology, Medical

Oskare Capital is a venture capital firm.

## HOWZAT Partners
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Travel, E-Commerce, SaaS

Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. HowzatPartners was founded in 2006 and is based in Luxembourg and London.

## Kasper Grundtvig Knokgaard
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 6
- Stages: Angel, Secondary Market
- Focus: Fashion, Education, E-Commerce

Experienced investor with more than 20 years of experience:
- 17 years doing large cap Private Equity investment with EQT. Have been part of completing >10 large-cap platform acquisitions and numerous add-ons, with a >$20 billion combined transaction value
- 3 years as management consultant with McKinsey, primarily focused on Strategy andM&A
- Private investor in startups since 2012, having participated in >40 equity financing rounds across 14 platform investments

## Jesper Buch
- Type: Angel
- Location: Marbella, Andalucia, Spain
- Relevant deals: 6
- Stages: Angel, Seed, Pre-Seed
- Focus: Internet, Software, E-Commerce

Jesper book is the Seed Investor at DIBB Design.

## Founderment Ventures
- Type: VC Fund
- Location: Aarhus, Midtjylland, Denmark
- Relevant deals: 6
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Travel

Founderment Ventures is an investment firm.

## Chris Murphy
- Type: Angel
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

Chris Murphy is a Venture Partner at MS&AD Ventures. He previously cofounded SaaStock and was an early Web Summit employee.

## Tommy Ahlers
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 5
- Stages: Seed, Angel
- Focus: Analytics, Social Media, SaaS

Tommy Ahlers is a Danish serial entrepreneur and CEO of the Danish software startup, Podio, which Tommy joined Podio as CEO and angel investor in August 2010. Podio connects work processes and interactions in an online environment, Prior to joining Podio, Tommy Ahlers founded the networking and mobile backup site ZYB in 2005 and sold it toVodafone Europe BV for nearly $50m in May 2008. Ahlers holds a masters degree in law from the University of Copenhagen, graduating in 2000 and was previously with McKinsey & Company for more than four years, where he served as an engagement manager.Ahlers is a regular on the technology startup conference circuit, speaking at the likes of Mobile 2.0 Europe, DLD, the European Directory Marketplace Conference and TheNextWeb.

## Balderton Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 5
- Stages: Series A, Series B, Series C
- Focus: Software, Financial Services, Artificial Intelligence

In the two decades since our founding, we have worked with hundreds of extraordinary European founders, and have raised eight funds totalling more than $3bn.

## Bjarke Staun-Olsen
- Type: Angel
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 5
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, Artificial Intelligence, FinTech

Bjarke Klinge Staun is a Principal at Creandum, a leading European early stage venture capital firm with a portfolio that includes Spotify, iZettle and Vivino.After starting his career at Goldman Sachs, Bjarke co-founded Alipes in 2008. Alipes is a technology company that never left stealth, as it became profitable very fast, has grownorganically and has a very specialized product. The company uses machine learning and natural language processing to automatically read financial news and generate insights about the stock market. The company has about 20 employees in Copenhagen, most of them machine learning, physics and computer science PhDs.After running Alipes for 6 years, Bjarke left active management to his two co-founders in 2014, and is now a proud board member and shareholder. He then ran Vaniday in Berlin, a Rocket Internet funded global beauty and wellness marketplace, before joining Creandum.At Creandum, Bjarke spends a lot of time on the machine learning and AI space, as well as on Fintech.

## Cherry Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Financial Services

Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.

## Dawn Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 5
- Stages: Series A, Series B, Series C
- Focus: Software, SaaS, Information Technology

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

## Antler
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 5
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, Artificial Intelligence, Information Technology

Build your next company with Antler, a global day zero investor enabling exceptional founders to start great companies, from the very beginning. Apply now!

## Danske Bank
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 5
- 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.

## Phillip Chambers
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 5
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, SaaS

Phillip Chambers is based out of Islington, Islington, and is the Partner of  Balderton Capital. Bahar previously worked at Orbex as Chief Executive Officer. Phillip Chambers attended The University of Manchester.

## Scale Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 5
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Information Technology

Scale Capital is an early-stage technology investor, helping Nordic, B2B, and tech founder teams scale and win in the US market.

## Preben Damgaard
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: SaaS, Software, Food and Beverage

Preben Damgaard - Director @ Axcess A/S

## Lars Fjeldsoe-Nielsen
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 4
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Mobile Apps

Lars Fjeldsoe-Nielsen grew up across Africa, from Angola and Guinea-Bissau to Tanzania and Libya, after his family fled the Angolan Civil War as refugees. Those early experiences instilled in him a belief that education, technology, and social innovation can transform lives and continue to anchor his career and philanthropic activities to this day.Today, Lars is a General Partner at Owl Ventures ($2.2 billion AUM), the world’s leading venture capital firm focused exclusively on education technology. He leads Owl’s expansion across Europe, Africa, and global markets, backing founders who harness AI and breakthrough technologies to make learning more accessible and impactful.Before joining Owl, Lars co-founded 2xN, an early-stage fund at the frontier of deeptech and quantum innovation, with standout investments including Quantinuum (valued above $10 billion), Oxford Ionics (acquired by IonQ in a $1 billion deal), QSimulate, and Sparrow Quantum. Prior to that, he was a General Partner at Balderton Capital in London during which time the firm led the Seed and Series A rounds in Revolut. His investments also span education (Labster, uLesson, StudySmarter, Kukua), mobility (Yassir, Voi, Monta, NoTraffic), and mobile and frontier tech (Hiya, Monarch Money, Rahko, Pocket, Colossal, Celus, Octant Bio, Vivino, OpenSea, Blue Bottle Coffee).Lars previously spent a decade in Silicon Valley, shaping some of tech’s most iconic growth stories. At Uber, he joined when it operated in fewer than 20 cities and, as Vice President, forged global alliances with Verizon and América Móvil that fueled its international expansion. Before Uber, as Head of Mobile at Dropbox, he was among the first 25 employees and helped the company reach its first 100 million users through partnerships with Samsung and other OEMs.Despite his career in technology and venture capital, Africa has never left Lars’s journey. After his father’s passing, he returned to Angola to trace his family’s history, discovering that his sister had died of malaria as a child. That revelation transformed a personal loss into a mission. A technologist turned humanitarian innovator, Lars filed a patent for genetically modified mosquitoes that light up when carrying malaria and began funding malaria-research projects in Angola through partnerships with global nonprofits. In 2024, he climbed Mount Kilimanjaro to raise funds for malaria research, following earlier campaigns such as climbing the Matterhorn and crossing the Sahara by motorbike.A Danish-Portuguese national who served with the Royal Danish Guards, Lars holds an MBA from London Business School, where he was a member of the Board of Governors and Chairman of the Endowment Fund, an MSc from Oxford University (Keble College), and a BSc from King’s College London. Across every chapter, from refugee to technologist to investor, his purpose endures: advancing education, health, and innovation as catalysts for social change.

## Upfin
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 4
- Stages: Pre-Seed, Seed, Series A
- Focus: Software, FinTech, SaaS

Upfin is an early-stage Nordic Venture fund focusing on Fintech. We leverage a deep sector focus to help exceptional fintech founders open doors.

## Northcap
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 4
- Stages: Series B, Series A
- Focus: Software, SaaS, Mobile

We are Northcap 
A team of experienced professionals with operational backgrounds building companies and comprehensive venture capital experience. We invest in ICT B2B and B2B2C start-ups in Northern Europe.       Meet our Team and learn

## Alexander Aghassipour
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 4
- Stages: Seed, Series A
- Focus: SaaS, Information Technology, Software

Founder at Zendesk.

## Jeppe Rindom
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: FinTech, Software, Financial Services

Jeppe Carøe Rindom is based out of Copenhagen, Hovedstaden and is the co-founder & CEO of Pleo. Jeppe previously worked at Nodes as a CEO & co-owner. Jeppe Carøe Rindom attended the Copenhagen Business School.
