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Top 20 Sports Angel Investors in Denmark (August 2026)

The most active angel investors investing in Denmark Sports startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Denmark Sports startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Ben Holmes
Angel
3 United Kingdom, Denmark, Sweden Seed, Series A, Series B Gaming, Software, Internet $350k–$32M
Jonas Søholt Grundtvig
Angel
2 Denmark Seed Retail, Sports, Cycling
Peter Troensegaard Jensen
Angel
2 Denmark Angel, Seed Retail, Drones, Sports
Kåre Sand
Angel
2 Denmark Seed Retail, Sports, Cycling
Morten E. Wulff
Angel
2 Denmark, Sweden, Germany Seed, Angel, Pre-Seed Gaming, Content, SaaS $584k–$2.5M
Henrik Hancke
Angel
1 Denmark Seed Video, Sports, Software
Thomas Visti
Angel
1 Denmark Angel, Grant Robotics, Software, Manufacturing
Jesper Buch
Angel
1 Denmark, United States Angel, Seed, Pre-Seed Internet, Software, E-Commerce $142k–$500k
Per Zachariassen
Angel
1 Denmark Seed Video, Sports, Software $2.2M–$2.2M
Per Møller
Angel
1 Lithuania, Denmark, United States Seed, Pre-Seed B2B, SaaS, Wellness $27k–$608k
Jesper Drescher
Angel
1 Denmark, Kenya Seed, Angel SaaS, Gaming, Content $800k–$1.2M
David Fellah
Angel
1 Denmark Seed Video, Sports, Software
David Helgason
Angel
1 United States, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Artificial Intelligence $242k–$30M
Christian Legene
Angel
1 Denmark, United States Seed Gaming, Content, eSports
Jeremy Yap
Angel
1 United States, United Kingdom, Germany Seed, Pre-Seed, Angel Software, Artificial Intelligence, Information Technology $125k–$5.7M
Tommy Ahlers
Angel
1 Denmark, United Kingdom Seed, Angel Analytics, Social Media, SaaS $142k–$2.5M
Heini Zachariassen
Angel
1 Denmark, Poland, Germany Seed, Series A, Pre-Seed Software, Apps, Gaming $2M–$17M
Tahir Siddique
Angel
1 Denmark Seed, Angel Retail, Sports, Cycling
Rene Rechtman
Angel
1 Denmark, United Kingdom Angel, Series A Social Media, Events, Guides $5.5M–$22M
Kasper Wedendahl
Angel
1 Denmark Seed Video, Sports, Software
Access all 19 angel investors in Denmark Sports startups.

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Investor list

Ben Holmes
Angel · London, England, United Kingdom · 3 investments in Denmark Sports startups

Ben is a Partner at Index Ventures, having joined the London office in 2002. Ben focuses on the software and internet sectors and has been actively involved with many of the firm's consumer and media investments. He currently sits on the boards of Astley Clarke, Grey Area Labs, iZettle, Just-Eat, King.com, Mind Candy, Notonthehighstreet,Rebtel, Secret Escapes, Shapeways, Stardoll and Twoo. He was previously a Director of Panther Express and Playfish (Electronic Arts).Prior to joining Index Ventures, he worked at the NewMedia Spark investment fund, before becoming Vice President at EO plc, a Spark portfolio company in the consumer financial services sector. Previously he spent four years at OC&C Strategy Consultants, advising firms in the retail and IT sectors.He has a Masters degree in Engineering, Economics and Management from Oxford University.

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Investment focus

  • Industry: Gaming, Software, Internet
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, Denmark, Sweden

Investor stats

  • Total investments: 32
  • Round size: Seed $350k–$5.2M; Series A $4M–$15M; Series B $6.2M–$32M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Goava — Goava was founded by Jonas Ehne, Henrik Stridsberg, Carl Hall and Johan Rogebrant in late 2016. Your next business opportunity - at your fingertips. Their Insight Tool tells you which company to talk to, whom to talk to, and what to talk about. Goava has been granted a publishing certificate by the Swedish Press and Broadcasting Authority.Registered publisher is Jonas Ehne.
  • Viker — Viker is a mobile studio that designs, develops and publishes mobile and computer games for OS and Android systems.
  • GamerzClass — A new beginning for GamerzClass
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Jonas Søholt Grundtvig
Angel · 2 investments in Denmark Sports startups

Jonas Søholt Grundtvig

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Investment focus

  • Industry: Retail, Sports, Cycling
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CYKOM — The all-in-one app for runners & cyclists. Discover and join communities, organize and create runs & rides and earn rewards while having fun and being active.
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Peter Troensegaard Jensen
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Sports startups

Peter Troensegaard Jensen

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Investment focus

  • Industry: Retail, Drones, Sports
  • Stage:Angel, Seed
  • Geography: Denmark

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Robotto — Advanced drone software with cutting-edge ai technology. Giving you the ability to benefit from autonomous flight, dynamic flight paths, situational behavior, and visualized data in real-time. Intelligent drone mapping software that saves lives and saves nature.
  • KEEPR — KEEPR breathes new life into discarded and used designer furniture and interior design. It helps you furnish with care, which encourages more responsible consumption and shapes the future of furniture design.
  • CYKOM — The all-in-one app for runners & cyclists. Discover and join communities, organize and create runs & rides and earn rewards while having fun and being active.
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Kåre Sand
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Sports startups

Kåre Sand

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Investment focus

  • Industry: Retail, Sports, Cycling
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • CYKOM — The all-in-one app for runners & cyclists. Discover and join communities, organize and create runs & rides and earn rewards while having fun and being active.
Show all investments...

Morten E. Wulff
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Sports startups

Founder & Chairperson at GameAnalytics - changing game development. ALso, Advisor & miniature-investor in 10+ companies; mostly in the Nordic start-up community with connections to several major VC companies as well a track record of working with top business angels such as Morten Lund, Tommy Ahlers, Thomas Mygdal, Klaus Lovgreen, JimmyMaymann, Michael Arrington.As entrepreneur Morten has been involved with more than 10 start-ups including TraceWorks, Wulffmorgenthaler, Get In, Wordy (Winner Seedcamp 2010), Lovemade™, and Hello Fitness.

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Investment focus

  • Industry: Gaming, Content, SaaS
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Denmark, Sweden, Germany

Investor stats

  • Total investments: 7
  • Round size: Seed $584k–$2.5M; Pre-Seed $869k–$1.2M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Virtuall — Virtuall: Transforming 3D content production with a platform designed for agencies and studios. Streamline workflows, collaborate seamlessly, and scale your creative potential with powerful 3D tools.
  • GamerzClass — A new beginning for GamerzClass
  • Propane — Propane is the Agentic AI platform for scalable real-time customer research Propane innovates customer research through an all-in-one operating syste
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Henrik Hancke
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

Henrik Hancke

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Investment focus

  • Industry: Video, Sports, Software
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Veo — Veo is a solution for recording and watching sports without a cameraman. It only requires a minimal setup to be able to share your sport. Veo enables football clubs of all sizes to automatically record, edit, and stream their matches.
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Thomas Visti
Angel · 1 investments in Denmark Sports startups

Thomas Visti - CEO @ Mobile Industrial Robots

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Investment focus

  • Industry: Robotics, Software, Manufacturing
  • Stage:Angel, Grant
  • Geography: Denmark

Investor stats

  • Total investments: 7
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rokoko — Rokoko | Affordable high-end motion capture and animation tools for body, hand, and face capture + software with native integrations for all major animation software and game engines
  • Unicontrol — Unicontrol is a developer of a 3D machine control system for all types of excavators. Unicontrol is a manufacturer of a simple 3D-GPS machine control system for all types of excavators. We are here to prove that machine control can be made simple.
  • BlueKey — BlueKey is a software developer of a solution that aims to deliver, structure, and automate the world's shipping data, reliably and easily. The platform gathers valuable data in one place so that shipping companies and charterers in the dry cargo industry can hit the competitive price, quality, and speed of deliveries.
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Jesper Buch
Angel · Marbella, Andalucia, Spain · 1 investments in Denmark Sports startups

Jesper Buch is the Seed Investor of Wibe For Good. He previously worked at Ladybox as a Seed Investor. Jesper Buch attended The Danish Export Institute.

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Investment focus

  • Industry: Internet, Software, E-Commerce
  • Stage:Angel, Seed, Pre-Seed
  • Geography: Denmark, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $142k–$500k; Angel $400k–$500k
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Jukeit — Jukeit is a B2B music streaming service including a jukebox app.Music is very close to our heart. That is why Jukeit has created an economically sustainable music streaming service for commercial use. With our innovative jukebox app, we can provide music lovers a brand new way of interacting with the music in public spaces. This will both benefitthe venues and the creators of the music that we all love.
  • Reshopper — Reshopper is an application for buying and selling used kids items. The compamy was founded by Jonas Funk Johannessen, Anders Dahl Pape, Anders Munk, and Nicolai Denmark Johannesen. In 2016 former AirBnB country manager Aja Guldhammer Henderson joined Reshopper as CEO and now she is leading the ambitious international expansion.
  • ZERV — ZERV is a Danish-owned company that produces and sells sports equipment for various sports.
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Per Zachariassen
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

Per Zachariassen

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Investment focus

  • Industry: Video, Sports, Software
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 2
  • Round size: Seed $2.2M–$2.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Veo — Veo is a solution for recording and watching sports without a cameraman. It only requires a minimal setup to be able to share your sport. Veo enables football clubs of all sizes to automatically record, edit, and stream their matches.
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Per Møller
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

Per Møller - Managing Partner @ 70Ventures

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Investment focus

  • Industry: B2B, SaaS, Wellness
  • Stage:Seed, Pre-Seed
  • Geography: Lithuania, Denmark, United States

Investor stats

  • Total investments: 10
  • Round size: Seed $27k–$564k; Pre-Seed $183k–$608k
  • Lead/follow: 70% lead, 30% follow

Portfolio highlights

  • Harba — Marina management software trusted by 160+ marinas and 40,000+ boaters. Automate tedious admin, boost revenue, and book your free demo today.
  • Millo — No more tradeoffs!Millo is the first blender ever to adapt to your lifestyle, with its fast and silent user experience housed in a minimal design.If you want to live healthier in the time you have - you now can. With Millo it only takes 2 minutes to make a healthy meal. It is by far the easiest way to build a healthy habit that lasts. Meetthe first blender that’s quiet, convenient and stunning.
  • PulseTip — Slot pragmatic play demo saat ini telah menghadirkan banyak sekali variasi demo slot pragmatic play dan slot demo gratis pragmatic play resmi
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Access 48,091 investors

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

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Jesper Drescher
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

Jesper Drescher

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Investment focus

  • Industry: SaaS, Gaming, Content
  • Stage:Seed, Angel
  • Geography: Denmark, Kenya

Investor stats

  • Total investments: 3
  • Round size: Seed $800k–$1.2M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Sky.Garden — With Sky.Garden you can upload products and start selling your products immediately via your own free mobile webshop. No cost upon entry. No hidden fees. Fully automated payment and shipping options are integrated out-of-the-box. 100% Safe and secure.
  • GamerzClass — A new beginning for GamerzClass
  • ReFlow - engineering a circular economy — Calculate, document, and reduce your maritime Scope 3 emissions with ISO-compliant LCA software. Built for shipowners, operators, and OEMs. No expert required.
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David Fellah
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

David Fellah is the Co-CEO, founder and chairperson at Manyone. David Fellah attended Arkitektskolen Aarhus.

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Investment focus

  • Industry: Video, Sports, Software
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Veo — Veo is a solution for recording and watching sports without a cameraman. It only requires a minimal setup to be able to share your sport. Veo enables football clubs of all sizes to automatically record, edit, and stream their matches.
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David Helgason
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

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.

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Investment focus

  • Industry: Software, Gaming, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Denmark, Finland

Investor stats

  • Total investments: 79
  • Round size: Seed $1.1M–$8M; Pre-Seed $242k–$2.4M; Series A $4.3M–$30M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • ScyAI — Risk intelligence that thinks with you.
  • Noah — API-first stablecoin payments, enterprise-grade compliance and real-time settlements, powered by stablecoin technology.
  • Flow Engineering — Requirements management, made collaborative
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Christian Legene
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

Christian Legene is Partner & Global CEO @ Autobutler.

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Investment focus

  • Industry: Gaming, Content, eSports
  • Stage:Seed
  • Geography: Denmark, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cylindo — Cylindo makes product visualization easy through automated content creation for 3D assets and photorealistic images that can be leveraged anywhere.
  • GamerzClass — A new beginning for GamerzClass
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Jeremy Yap
Angel · Singapore, Central Region, Singapore · 1 investments in Denmark Sports startups

Jeremy is a full time angel from Singapore who invests across North America and Europe.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United States, United Kingdom, Germany

Investor stats

  • Total investments: 94
  • Round size: Seed $1M–$5.7M; Angel $273k–$885k; Pre-Seed $125k–$2.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Staris — Staris is an AI-powered application security platform that continuously finds, proves, and explains exploitable vulnerabilities. Reduce false positives and validate real application risk with business context.
  • Zero — Protect your devices and gain access to websites. Round-the-clock customer support. VPN for Windows, Android, macOS, iOS, and routers. Free trial period.
  • Mirai — On-device SDK (developer suite) for running highly optimized inference, fine-tuning, and operating LLMs and other deep learning models on the device. We aim to make it easy for developers to choose and route the query to the right model and deploy it to the device in a couple of clicks.Mirai is addressing a significant gap in on-device AIinference and training. Current cloud-based models face high latency, privacy concerns, and reliance on constant connectivity. Developers also struggle with high costs for personalization (e.g., $100M per year for 1M MAU) which is the most crucial pain point now and a core of our GTM. There’s no existing developer-friendly solution for on-device mobile AI, fine-tuning, and management. Our vision involves expanding from a robust SDK to include a developer console for model management, benchmarks, and fine-tuning.
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Tommy Ahlers
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

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.

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Investment focus

  • Industry: Analytics, Social Media, SaaS
  • Stage:Seed, Angel
  • Geography: Denmark, United Kingdom

Investor stats

  • Total investments: 10
  • Round size: Seed $142k–$2.5M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Worksome
  • Lix Technologies — "At Lix, we’re passionate about learning. Not that we’re a bunch of nerds; we’re just all students – currently or formerly enrolled. Our fairly young team is a blend of experienced heads and raw minds who all agree, that the coffee brewer is the most appreciated piece of machinery at our office. We also share a common feeling that studyingis too troublesome: textbooks are heavy weight, a financial horror, time-consuming to acquire, and not in sync with technology. That’s why Lix happened.Besides solving the practical aspects mentioned just before, we envision Lix as the game changer within learning platforms.Students should have the best possible conditions for learning. So should publishers who convey the learning material, the professors who pick out the curriculum, and the enterprises who educate their trainees. While we fuel our engines with ambition and vision, we’re fortunate to have a group of advisors and investors on board to help Lix make the greatest impact possible."
  • RFRSH Entertainment — RFRSH Entertainment is an esports marketing and media rights company working with a growing number of the best esports teams - established organisations as well as a new crop of player-owned teams. We are the professional force behind the teams that builds their brand and enhances sports performance to accel teams into top placements. Theyrepresent the team’s commercial and media rights, connecting them with the top brands in the world for sponsorships and marketing agreements.
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Heini Zachariassen
Angel · San Francisco, California, United States · 1 investments in Denmark Sports startups

Heini is Vivino’s Founder and Chief Executive Officer. Credited with bringing a technology revolution to the wine industry, Heini founded Vivino because he was frustrated by not knowing which wine to buy. It’s been his passion project ever since. During his tenure, Vivino has grown into a community of 46 million users, raised $72 million infunding, and rolled out a worldwide wine marketplace. Before starting Vivino, Heini co-founded several startups, including global internet and mobile security company BullGuard. Heini leads the team from Vivino’s European headquarters in Copenhagen, Denmark. Heini and Vivino’s story is featured in an independent documentary, “Disrupting Wine, The Life of an Entrepreneur.” Heini also hosts the YouTube series Raw Startup, which offers candid advice for entrepreneurs and startups.

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Investment focus

  • Industry: Software, Apps, Gaming
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Denmark, Poland, Germany

Investor stats

  • Total investments: 10
  • Round size: Seed $2M–$14M; Series A $10M–$17M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Packfleet — We serve millions of Londoners, combining a top-notch delivery service with advanced technology to offer a carbon-neutral delivery experience like no other.
  • Smitten — Smitten is the future of online dating, where people actually have fun being single.
  • Alokai — Vue Storefront provides online shopping experiences like native apps, boosts site performance, & customization. Check other benefits!
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Tahir Siddique
Angel · 1 investments in Denmark Sports startups

Tahir Siddique

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Investment focus

  • Industry: Retail, Sports, Cycling
  • Stage:Seed, Angel
  • Geography: Denmark

Investor stats

  • Total investments: 4
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Spirpapir
  • Aksel — Aksel transfers the real estate agent model to the car market and securing better prices for private sellers.
  • CYKOM — The all-in-one app for runners & cyclists. Discover and join communities, organize and create runs & rides and earn rewards while having fun and being active.
Show all investments...

Rene Rechtman
Angel · London, England, United Kingdom · 1 investments in Denmark Sports startups

René Rechtman has been a successful part of the media, entertainment and tech environment since 1998 both as an entrepreneur and investor. René has completed three significant exits. Most recently, selling Maker Studios to The Walt Disney Company, prior Goviral to AOL and in 2005 leading Tradedoubler to IPO. René has been listed in Wired Europe’sTop 100 most influential list several times.

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Investment focus

  • Industry: Social Media, Events, Guides
  • Stage:Angel, Series A
  • Geography: Denmark, United Kingdom

Investor stats

  • Total investments: 5
  • Round size: Series A $5.5M–$22M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Fanvue — The creator subscription platform for the future. Sign up before the end of the month and take home 85%.
  • Tattoodo — We're still growing in Ashburn. Here are the closest verified artists to you.
  • RFRSH Entertainment — RFRSH Entertainment is an esports marketing and media rights company working with a growing number of the best esports teams - established organisations as well as a new crop of player-owned teams. We are the professional force behind the teams that builds their brand and enhances sports performance to accel teams into top placements. Theyrepresent the team’s commercial and media rights, connecting them with the top brands in the world for sponsorships and marketing agreements.
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Kasper Wedendahl
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sports startups

Kasper Wedendahl

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Investment focus

  • Industry: Video, Sports, Software
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Veo — Veo is a solution for recording and watching sports without a cameraman. It only requires a minimal setup to be able to share your sport. Veo enables football clubs of all sizes to automatically record, edit, and stream their matches.
Show all investments...

Sports Angel investor funding in Denmark at a glance

Stats across 11 deals from 19 investors.

19
investors
in Denmark Sports startups
11
deals
in Denmark Sports startups
$1.9M
median round
in Denmark Sports startups
5%
lead investors
lead at least one round
27%
Seed
most common funding stage

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You can enrich with email and download the data.

Does Shizune have investor emails and contacts?

Shizune enriches investors with contact data that includes: email, phones, LinkedIn, socials, website, and others.

To guarantee the highest discovery rate, we search across 20+ contact search tools.

To maximize delivery rate and reduce bounce rate, we validate emails.

You can enrich your investor list with Shizune. Download it too.

What is Shizune?

Shizune is a 48,091 investor database updated daily.

With Shizune you can:

  • browse the database
  • use smart matching
  • enrich with emails
  • download

All you need to find investors for your startup.

Who is Shizune for?

Shizune is built for startup founders by startup founders.

If you are looking for funding for your startup, try the Shizune database — we have investors for every stage, industry, and country.

Is Shizune free?

Shizune is free forever. You can search and browse investors for free.

Email search and export are paid features.

For full info, visit our pricing.

Who built Shizune?

Shizune is built by founders with the goal of helping all founders raise funding no matter where they are.

Contact 100 investors today

Find who invests in your industry, stage, and country. Download investor list with emails in 5 minutes.

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