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Top 50 Sustainability Startup Investors in Denmark (October 2026)

The most active venture capital funds and angel investors investing in Denmark Sustainability startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Denmark Sustainability startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
The Footprint Firm
VC Fund
15 Denmark, Spain, Norway Seed, Pre-Seed, Series A Software, Renewable Energy, Energy Management $863k–$18M
Vaekstfonden
VC Fund
14 Denmark, United States, United Kingdom Seed, Venture - Series Unknown Software, Information Technology, SaaS $899k–$23M
Export and Investment Fund
VC Fund
13 Denmark, United States, Norway Seed, Series A, Pre-Seed Software, Biotechnology, Health Care $395k–$84M
Antler
VC Fund
13 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
UVC Partners
VC Fund
6 Germany, Switzerland, Denmark Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $2.2M–$175M
CVX Ventures
VC Fund
5 Denmark, Sweden, Norway Seed, Pre-Seed, Angel Manufacturing, SaaS, Gaming $44k–$5.5M
Transition
VC Fund
5 United States, United Kingdom, Denmark Seed, Series A, Series B Manufacturing, Software, CleanTech $2.5M–$312M
BackingMinds
VC Fund
5 Sweden, Denmark, Finland Seed, Venture - Series Unknown, Pre-Seed Software, SaaS, Energy $826k–$40M
Nordic Alpha Partners
VC Fund
4 Denmark, Germany, Sweden Venture - Series Unknown, Seed Energy, Energy Storage, Renewable Energy $3M–$9.8M
North-East Family Office
VC Fund
3 Denmark, United States Seed, Series B, Pre-Seed Biometrics, Health Care, Real Estate $2.4M–$41M
Human Act
VC Fund
3 Denmark Pre-Seed SaaS, Cooking, Software $497k–$1.1M
Christian Bach
Angel
3 United States, Denmark, Germany Seed, Pre-Seed, Series A Software, Information Technology, Developer Tools $100k–$17M
West Hill Capital
VC Fund
3 United Kingdom, Denmark, Germany Venture - Series Unknown, Series A, Seed Health Care, Information Technology, Software $1.8M–$15M
VÅR Ventures
VC Fund
3 Denmark, United Kingdom Seed, Venture - Series Unknown Organic, Manufacturing, Biomass Energy $2.3M–$3.1M
BioInnovation Institute
VC Fund
3 Denmark, Germany, Switzerland Convertible Note, Pre-Seed, Seed Biotechnology, Medical, Health Care $495k–$5.2M
PSV
VC Fund
3 Denmark, United States, Sweden Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $307k–$4.6M
Nupark Accelerace
VC Fund
3 Denmark Seed, Series A Mobile, E-Commerce, Apps $508k–$853k
Rincon Venture Partners
VC Fund
2 United States, Denmark Series A, Seed, Series B Software, SaaS, Analytics $1.5M–$25M
Foundamental
VC Fund
2 United States, India, Germany Seed, Series A, Pre-Seed Construction, Software, Real Estate $533k–$26M
Novo Holdings
VC Fund
2 United States, Denmark, United Kingdom Series A, Series B, Series C Biotechnology, Health Care, Medical $9.5M–$135M
Vsquared Ventures
VC Fund
2 Germany, United States, Switzerland Seed, Series A, Series B Artificial Intelligence, Semiconductor, Manufacturing $4.2M–$124M
Giant Ventures
VC Fund
2 United States, United Kingdom, Denmark Seed, Series A, Pre-Seed Software, Artificial Intelligence, FinTech $1.2M–$56M
Root Ventures
VC Fund
2 United States, Canada, Israel Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $2M–$45M
Maersk Growth
VC Fund
2 United States, United Kingdom, Denmark Series A, Seed, Series B Logistics, Supply Chain Management, Software $1.3M–$115M
Nefco
VC Fund
2 Finland, Sweden, Denmark Debt Financing, Post-IPO Debt, Grant Energy, Renewable Energy, Sustainability $1.8M–$12M
Danish Green Investment Fund
VC Fund
2 Denmark Seed, Debt Financing, Post-IPO Debt Apps, Farming, Last Mile Transportation $4.7M–$9.1M
Juergen Mayerhofer
Angel
2 Denmark Seed, Pre-Seed Renewable Energy
Circles & Squares
VC Fund
2 Denmark, Canada Venture - Series Unknown, Seed Information Technology, Software, Music $5.8M–$7.8M
Ulf Bech Christensen
Angel
2 Denmark Angel, Debt Financing Women's, Sustainability, Industrial Manufacturing
EISMEA
VC Fund
2 Spain, Italy, United Kingdom Grant, Venture - Series Unknown, Seed Manufacturing, Software, Biotechnology $53k–$2.6M
European Circular Bioeconomy Fund
VC Fund
2 Germany, France, The Netherlands Series B, Series A, Venture - Series Unknown Biotechnology, AgTech, Agriculture $5.9M–$45M
Norlys
VC Fund
2 Denmark Seed, Venture - Series Unknown Recycling, Sustainability, Renewable Energy
Yara Growth Ventures
VC Fund
2 Norway, United States, India Series B, Series A, Seed AgTech, Agriculture, FinTech $3.9M–$75M
European Energy
VC Fund
2 Denmark Seed, Series A Fuel Cell, GreenTech, Manufacturing
Bo Wase
Angel
2 Denmark Seed, Pre-Seed Renewable Energy
Jacob Wolff-Petersen
Angel
2 Denmark Seed Renewable Energy, Environmental Consulting, Manufacturing $3M–$3M
Mist Ventures
VC Fund
1 Sweden, Denmark, Saudi Arabia Seed, Series A Artificial Intelligence, Information Technology, Software
David Helgason
Angel
1 United States, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Artificial Intelligence $242k–$30M
Anorak Ventures
VC Fund
1 United States, United Kingdom, Ghana Seed, Pre-Seed, Series A Software, Artificial Intelligence, Virtual Reality $340k–$50M
Klaus Oestermann
Angel
1 Denmark, United States Angel, Seed, Venture - Series Unknown Software, SaaS, Computer $200k–$2.3M
Kasper Knokgaard
Angel
1 Denmark, United States Angel, Seed, Secondary Market Software, Apps, SaaS $81k–$4.6M
Peter Holm
Angel
1 Denmark Venture - Series Unknown Energy, Nuclear, Sustainability
The Index Project
VC Fund
1 United States, Denmark, Chile Seed, Series A, Series B Chemical, Artificial Intelligence, SaaS $1.1M–$3M
Steen Ulf Jensen
Angel
1 Denmark Seed, Angel, Pre-Seed Artificial Intelligence, Legal, Internet $800k–$1.2M
Bonfire Ventures
VC Fund
1 United States, Canada, France Seed, Series A, Series B Software, SaaS, Information Technology $1.7M–$50M
Lars Nielsen
Angel
1 Denmark Pre-Seed, Venture - Series Unknown Energy, Nuclear, Hospitality
Morten Baehrenz
Angel
1 Denmark Pre-Seed SaaS, Software, Sustainability
Peter M Jensen
Angel
1 Denmark Seed SaaS, Hardware, Software
DEUTZ AG
VC Fund
1 Denmark Series A Fuel Cell, Manufacturing, Renewable Energy
Jon Erik Reinhardsen
Angel
1 Denmark Seed SaaS, Energy, Analytics
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

The Footprint Firm
VC Fund · Copenhagen, Hovedstaden, Denmark · 15 investments in Denmark Sustainability startups, 9 in the past 12 months

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

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Investment focus

  • Industry: Software, Renewable Energy, Energy Management
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, Spain, Norway

Investor stats

  • Total investments: 25
  • Round size: Seed $2.2M–$5.4M; Pre-Seed $863k–$4M; Series A $4.7M–$18M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $54M in 2024

Portfolio highlights

  • Vaja — Vaja is on a mission to accelerate the transition to a net-zero world via disruptive innovations for solar farms.
  • Reel Energy — Reel empowers all companies to procure renewable electricity that makes a real difference for the climate.
  • Kvasir Technologies — Imagine a world without fossil fuelsThis is where we come in! We have invented a solution that makes this possible already in 2050.
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Vaekstfonden
VC Fund · Hellerup, Hovedstaden, Denmark · 14 investments in Denmark Sustainability 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, Venture - Series Unknown
  • Geography: Denmark, United States, United Kingdom

Investor stats

  • Total investments: 227
  • Round size: Seed $899k–$4.9M; Venture - Series Unknown $1.2M–$23M
  • Lead/follow: 28% lead, 72% follow
  • Last fund: Likely still investing — raised $343M in 2023

Portfolio highlights

  • Advalight — Advalight is a young, dynamic company dedicated to providing high-quality laser equipment for dermatological treatments. The company has patented an innovative technology for use in the removal of vascular lesions, acne treatment, skin rejuvenation and many other skin-enhancing procedures. The ground-breaking product was launched the summer 2014.Advalight is based on five years of scientific work in the Physics Department at the Technical University of Denmark. The founders include two PhDs and it is their research that forms the basis of Advalight. The company's main focus is on research and development and with the right external partners we believe that the market for dermatological lasers will be transformed. Advalight is therefore seeking collaboration with external partners with established distribution and sales channels.
  • BluePrinter — Today, 3D prints are usually either outsourced or centrally produced within corporations, needlessly costing valuable time and money. With Blueprinter, the 3D printing process is possible to insource within departments, and has become affordable for small businesses. Blueprinter decentralizes the 3D printing by moving the printer from thecentral laboratory, or external service providers, to within the office – decreasing the time to market, saving significant money in prototyping, and keeping confidentiality for all original prototypes.
  • DITA Exchange — DitaExchange is a CCMS built on Microsoft SharePoint, authored in Word. For organizations where content accuracy has consequences.
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Export and Investment Fund
VC Fund · Hellerup, Hovedstaden, Denmark · 13 investments in Denmark Sustainability startups, 39 in the past 12 months

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, Pre-Seed
  • Geography: Denmark, United States, Norway

Investor stats

  • Total investments: 146
  • Round size: Seed $395k–$11M; Pre-Seed $807k–$2.9M; Series A $5.9M–$84M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • Sovera Security — Sovera was established to develop that model, which is self-improving, signal-driven, and sovereign.
  • Breye Therapeutics — Breye Therapeutics, a Danish-based biopharmaceutical firm in the clinical stages, is working to provide cutting-edge oral treatments for the management of retinal vascular diseases.
  • Onomondo — Onomondo is a global IoT network. Our IoT SIM and cloud platform future proof your devices with full data transparency, freedom to leave, and no third parties.
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Antler
VC Fund · Singapore, Central Region, Singapore · 13 investments in Denmark Sustainability startups

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

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, Singapore, Australia

Investor stats

  • Total investments: 2382
  • Round size: Seed $158k–$4.6M; Pre-Seed $100k–$600k; Series A $4.1M–$29M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fresh fund, raised $7.5M in 2026

Portfolio highlights

  • Obud — Obud is a wellness reservation systems that is designed for holistic health and lifestyle management purposes. The company's systems offer a comprehensive suite of tools for booking wellness activities, managing schedules, and accessing curated wellness programs, enabling wellness centers to streamline their operations, enhance userengagement, and promote a balanced and healthy lifestyle.
  • myluigi.ai — Luigi is an AI-Powered Full-Stack Game Growth-as-a-Service platform designed to help mobile game studios scale user acquisition, engagement and lifetime value without adding headcount. Its dual-engine architecture automates and operates everything from ad campaign creation and real-time creative optimization to personalized in-game offers and LTVforecasting—delivered through a single, easy-to-integrate and unified dashboard. With a flexible per-title pricing model and powerful machine-learning insights, Luigi empowers mid-sized and indie developers to reduce CPI, boost retention and chart a clear path toward sustainable growth and seven-figure ARR.
  • RubiLabs — RubiLabs Inc provides a platform for unifying, monitoring, and analyzing organizational data. RubiLabs software enables analysts and operators across risk, compliance, and security teams to collaborate and interpret large volumes of information in real time. The company’s platform is designed to help institutions make sense of complex, fragmenteddata by transforming it into a coherent operational picture for risk detection, continuous monitoring, and investigative workflows.
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UVC Partners
VC Fund · Munich, Bayern, Germany · 6 investments in Denmark Sustainability startups

UVC Partners is a Munich- and Berlin-based early-stage venture capital firm that invests in technology-based startups in the areas of enterprise software, industrial technologies, and mobility. The fund typically invests between € 0.5 - 10m initially and up to € 20m in total per company.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: Germany, Switzerland, Denmark

Investor stats

  • Total investments: 151
  • Round size: Seed $2.2M–$14M; Series A $5.5M–$32M; Series B $6.5M–$175M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — raised $276M in 2024

Portfolio highlights

  • Reverion — Reverion develops reversible and carbon-negative power plants using patented biogas technology for renewable energy.
  • Stabl Energy — Scalable battery storage systems for energy storage in industry and commerce made by STABL Energy help to utilise the full potential of renewable energies.
  • Kuro Technology — Kuro is the AI ​​foundation for general contractors.
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CVX Ventures
VC Fund · Köpenhamn, Vasternorrlands Lan, Sweden · 5 investments in Denmark Sustainability 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: 84
  • Round size: Seed $100k–$5.5M; Pre-Seed $44k–$2.3M
  • Lead/follow: 6% lead, 94% 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.
  • Hili — Hili is a financial service company that provides cash in return for a share in the homeownership.
  • TastyUrban — TastyUrban is in the process of developing a new generation of restaurant usage and strategy.
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Transition
VC Fund · London, England, United Kingdom · 5 investments in Denmark Sustainability startups, 12 in the past 12 months

Accelerating the inevitable transition

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Investment focus

  • Industry: Manufacturing, Software, CleanTech
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Denmark

Investor stats

  • Total investments: 33
  • Round size: Seed $2.5M–$8.3M; Series A $12M–$27M; Series B $14M–$312M
  • Lead/follow: 30% lead, 70% follow
  • Last fund: Likely actively investing — fresh fund, raised $150M in 2026

Portfolio highlights

  • Matel Motion — Matel Motion is a pioneer in energy-efficient IE5 motors, advanced EV powertrain solutions, and sustainable technology for industries and electric vehicles.
  • OLIX — OLIX designs and manufactures optical processors that use light-based circuits to accelerate artificial intelligence workloads. The company develops Optical Tensor Processing Units that execute matrix and tensor operations for training and running inference on large-scale machine learning models. Its hardware aims to increase performance and reducepower consumption relative to conventional electronic accelerators by processing data in the optical domain. Flux Computing focuses on infrastructure for generative AI and advanced neural networks, targeting data centers and organizations that require intensive model computation. The product stack centers on custom optical chips integrated with supporting electronics, control software, and tools that link into existing AI frameworks. Sales and partnerships primarily address customers building large AI clusters, research environments, and emerging applications that benefit from high-throughput, low-energy computation.
  • Odyssey — Discover how Odyssey Energy Solutions unblocks bottlenecks in DRE project development. Access diverse financing, procure equipment efficiently, and remotely monitor system performance. Join over 2000 renewable energy companies that use Odyssey to scale. Get in touch today.
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BackingMinds
VC Fund · Stockholm, Stockholms Lan, Sweden · 5 investments in Denmark Sustainability startups

We help great minds unleash their full potential!

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Investment focus

  • Industry: Software, SaaS, Energy
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 37
  • Round size: Seed $854k–$3.7M; Pre-Seed $826k–$8.2M; Venture - Series Unknown $1.3M–$40M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $52M in 2022

Portfolio highlights

  • Tavion — Critical energy storage infrastructure for a sustainable future.
  • SNERPA Power — SNERPA Power develops intelligent energy services.
  • Helios Innovations — Helios offers on-site industrial waste management of liquid waste. Reduce waste volume by up to 90% without investment.
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Nordic Alpha Partners
VC Fund · Hellerup, Hovedstaden, Denmark · 4 investments in Denmark Sustainability startups

Targeting critical European re-industrialisation technology across pioneering hardware sectors with capital efficient growth investments.

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Investment focus

  • Industry: Energy, Energy Storage, Renewable Energy
  • Stage:Venture - Series Unknown, Seed
  • Geography: Denmark, Germany, Sweden

Investor stats

  • Total investments: 29
  • Round size: Seed $3M–$8.7M; Venture - Series Unknown $4.5M–$9.8M
  • Lead/follow: 72% lead, 28% follow
  • Last fund: Likely still investing — raised $286M in 2024

Portfolio highlights

  • Stabl Energy — Scalable battery storage systems for energy storage in industry and commerce made by STABL Energy help to utilise the full potential of renewable energies.
  • Green Hydrogen Systems — GreenHydrogen believes that electrolysers have a great potential to become a core technology in green and renewable energy.
  • Hybrid Greentech — Hybrid Greentech offers end-to-end profitable solutions for BESS projects, from detailed business case and sizing analysis to project development services, EPC management, and operations and optimization for multi-market revenue stacking.
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North-East Family Office
VC Fund · Hellerup, Hovedstaden, Denmark · 3 investments in Denmark Sustainability startups

North-East Family Office was etablished in 2013 in Copenhagen by the founders of the global jewelry brand, Pandora. Today Winnie Liljeborg together with her

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Investment focus

  • Industry: Biometrics, Health Care, Real Estate
  • Stage:Seed, Series B, Pre-Seed
  • Geography: Denmark, United States

Investor stats

  • Total investments: 6
  • Round size: Seed $2.4M–$2.4M; Series B $21M–$41M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Stykka — Custom furniture and interiors made possible at ease, at speed and budget, with a digital fabrication platform.
  • Reel Energy — Reel empowers all companies to procure renewable electricity that makes a real difference for the climate.
  • SNIPR Biome — We are the CRISPR Microbiome Company; Our mission is to develop CRISPR-based medicines that give hope for effective and safe treatment of difficult-to-treat diseases in the future.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Human Act
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Sustainability startups

Human Act is a world-wide development organization.

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Investment focus

  • Industry: SaaS, Cooking, Software
  • Stage:Pre-Seed
  • Geography: Denmark

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $497k–$1.1M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • ChefMe — ChefMe is a peer to peer marketplace making it possible and easy to book private chefs and thus changing the way we host dinner parties and socialize over food
  • Contribe.io — Next Generation Sustainability Management System
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Christian Bach
Angel · San Francisco, California, United States · 3 investments in Denmark Sustainability startups

Christian Bach is the President & Co-founder of Netlify.

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Investment focus

  • Industry: Software, Information Technology, Developer Tools
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Denmark, Germany

Investor stats

  • Total investments: 33
  • Round size: Seed $100k–$8.5M; Pre-Seed $100k–$2.7M; Series A $9.3M–$17M
  • Lead/follow: 24% lead, 76% follow

Portfolio highlights

  • MaxFense — MaxFense is a company that focuses on enhancing the security of the internet through their ethical products. Primary among their offerings is the MaxFense Endpoint Security, which enables clients to check, prevent, detect, and respond to potential information security threats, regardless of whether they originate from inside or outside theorganization. This approach aligns with contemporary security standards that have increasingly recognized the importance of robust endpoint security in the face of diversified threat vectors.
  • zymtrace — Powering Efficient AI: A continuous profiling platform for CPU and GPU workloads, that provides actionable insights to optimize perf & debug faster
  • Borobotics — Our autonomous drilling robot helps homeowners to switch from grey energy sources to geothermal heating systems. With an earth-worm-like drilling robot for geothermal probes, Borobotics accelerate the heat transition for the net zero goals.
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West Hill Capital
VC Fund · London, England, United Kingdom · 3 investments in Denmark Sustainability startups

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

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Investment focus

  • Industry: Health Care, Information Technology, Software
  • Stage:Venture - Series Unknown, Series A, Seed
  • Geography: United Kingdom, Denmark, Germany

Investor stats

  • Total investments: 61
  • Round size: Seed $2.6M–$6M; Series A $2M–$15M; Venture - Series Unknown $1.8M–$10M
  • Lead/follow: 82% lead, 18% follow

Portfolio highlights

  • Silicon MicroGravity — Silicon Microgravity Limited is a spin-out from Cambridge University. The underpinning sensor technology was developed through a collaboration with BP plc and provides a breakthrough in the management of oil and gas reservoirs. The technology has been developed in Cambridge University’s Nanoscience Centre primarily funded by BP and Innovate UK.
  • ATLANT 3D — Micro and nanodevices are built and tested within days instead of months or years.
  • Formalize — Formalize delivers a cloud-based compliance operations platform designed for governance, risk, and control workflows, enabling businesses to automate processes around frameworks such as NIS2, DORA, ISO 27001, and GDPR. The platform lets users centralize risk and incident tracking, manage third-party audits and controls, and build customizeddashboards and workflows across compliance, supplier management, and governance.
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VÅR Ventures
VC Fund · Hellerup, Hovedstaden, Denmark · 3 investments in Denmark Sustainability startups

VÅR Ventures help founders create sustainable impact.

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Investment focus

  • Industry: Organic, Manufacturing, Biomass Energy
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Seed $2.3M–$3.1M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Hyme Energy — Making green heat for industry accessible. Always. Hyme's solution supports the decarbonisation of industrial heat at large-scale.
  • Kvasir Technologies — Kvasir is a AI hedge fund set out to enable investors to benefit from the technological innovations in machine and deep learning.
  • Kvasir Technologies — Imagine a world without fossil fuelsThis is where we come in! We have invented a solution that makes this possible already in 2050.
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BioInnovation Institute
VC Fund · Copenhagen, Hovedstaden, Denmark · 3 investments in Denmark Sustainability startups

BioInnovation Institute is a biotechnology startup that offers entrepreneurs and researchers in life science. Early-stage life science start-ups are supported with up to 10 million DKK in funding, business acceleration, network, labs, and office space. It helps to early-stage start-ups within human health and planetary health. The startup'smission is to use its knowledge, network, funding, and infrastructure to incubate world-class life science and catalyze the commercialization of new solutions through start-ups.BioInnovation Institute was founded in 2018 and is based in Denmark.

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Investment focus

  • Industry: Biotechnology, Medical, Health Care
  • Stage:Convertible Note, Pre-Seed, Seed
  • Geography: Denmark, Germany, Switzerland

Investor stats

  • Total investments: 93
  • Round size: Seed $532k–$1.8M; Pre-Seed $530k–$5.2M; Convertible Note $495k–$1.6M
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Visibuilt — Visibuilt develops sustainable, bio-based asphalt binders made from mycelium. Replace fossil bitumen with visiBIT.
  • Agrobiomics — Agrobiomics is a danish Agritech start-up, harnessing the power of soil bacteria and their metabolites as new biostimulants to help crops cope with abiotic stress such as drought.
  • metaLead Therapeutics — metaLead Therapeutics is to develop this peptide as a next-generation Pb poisoning treatment.
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PSV
VC Fund · Lyngby, Hovedstaden, Denmark · 3 investments in Denmark Sustainability 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, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Denmark, United States, Sweden

Investor stats

  • Total investments: 154
  • Round size: Seed $500k–$4.6M; Pre-Seed $307k–$2.5M; Venture - Series Unknown $513k–$3.2M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $64M in 2020

Portfolio highlights

  • Thiax — ThiaX maps the strain and crystallinity in polymer and composite materials using cutting-edge X-ray diffraction (XRD) technology.
  • spektr — Automate KYB, KYC onboarding, risk monitoring, and case management, reducing false positives and manual work for faster, more secure processes.
  • Acodyne — Heavy-lift eVTOL cargo UAVs. Heavy payloads, high speed, autonomous flight.
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Nupark Accelerace
VC Fund · Holstebro, Midtjylland, Denmark · 3 investments in Denmark Sustainability startups

Nupark Accelerace finances entrepreneurial businesses and is a Denmark-based investment company.

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Investment focus

  • Industry: Mobile, E-Commerce, Apps
  • Stage:Seed, Series A
  • Geography: Denmark

Investor stats

  • Total investments: 8
  • Round size: Seed $508k–$853k
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Vaavud — We are a crowdsourced weatherservice. Our mission is to provide high-resolution personalized weather information
  • Ingenium Golf — Ingenium Golf provides intelligent golf experiences to golfers and clubs worldwide.
  • Bookingabus.com — Bookingabus(.com) is an independent price portal to help you find a chartered bus service. They are the first portal of their kind in Europe and they are proud to be able to provide you with an instant quote for your desired journey. Furthermore we give you various options from several carriers to ensure you are getting the best deal to fit yourneeds. For complex journeys they can provide you with a quote or you can give us your budget and they will find a bus operator for you.
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Rincon Venture Partners
VC Fund · Santa Barbara, California, United States · 2 investments in Denmark Sustainability startups

Rincon Venture Partners seeks to partner with extraordinary entrepreneurs and support them as they build world-class businesses. Rincon is an early-stage venture capital firm that targets investment opportunities in Web-based businesses that are led by 'serial founding teams', have proven recurring revenue models and are pursuingcapital-efficient operating plans. They typically invest in companies where initial product or service development is largely complete, and the company's forward-looking focus is on market engagement and expansion. They take an active role in guiding and supporting portfolio companies by committing resources for such activities as Board representation, providing strategic and tactical guidance, filling key management positions, facilitating subsequent financings and achieving liquidity events.

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Investment focus

  • Industry: Software, SaaS, Analytics
  • Stage:Series A, Seed, Series B
  • Geography: United States, Denmark

Investor stats

  • Total investments: 84
  • Round size: Seed $1.5M–$4.6M; Series A $1.5M–$11M; Series B $2.3M–$25M
  • Lead/follow: 27% lead, 73% follow
  • Last fund: May invest from a new fund soon — raised $40M in 2014

Portfolio highlights

  • Medallia Zingle — Zingle, a Medallia company (MDLA), is a software solution that helps businesses communicate with customers via texting and other mobile messaging channels.Zingle allows businesses to engage, support, and respond to customers in the new mobile messaging era. Zingle’s cloud-based platform works on any device and provides all the software tools todeliver an instant, actionable, and seamless customer service experience.By combining the immediacy of chat with the flexibility of mobile, Zingle is enabling businesses to provide the "instant gratification" service that their customers increasingly expect across a number of industries.Zingle pioneered the business messaging space in 2009 by being the first to offer business texting on its patented platform. Today over 2,000 businesses use Zingle, including Hyatt, Whole Foods, Marriott, and ZipCar. Zingle is the only company to offer simple yet powerful technology like messaging workflow, analytics, integrations, and automation. More info: http://www.zingle.com.
  • Qordoba — WRITER is the enterprise AI agent platform trusted by Fortune 500 companies, built to help teams execute and scale on-brand, compliant work.
  • mPulse Mobile — Discover how mPulse's health experience and insights products create consumer-centric journeys for better health outcomes.
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Foundamental
VC Fund · Berlin, Berlin, Germany · 2 investments in Denmark Sustainability startups

Foundamental is the first partner to exceptional founders re-creating the real world globally

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Investment focus

  • Industry: Construction, Software, Real Estate
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 115
  • Round size: Seed $1.5M–$11M; Pre-Seed $533k–$3.5M; Series A $3.8M–$26M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: Likely still investing — raised $85M in 2022

Portfolio highlights

  • Rayon — Built for Speed. Designed for Teams.
  • Faktus — Le partenaire financier de vos chantiers publics. Le financement de BFR rapide et accessible pour les entreprises du bâtiment
  • Kuro Technology — Kuro is the AI ​​foundation for general contractors.
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Novo Holdings
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Denmark Sustainability startups

Novo Holdings is a world-leading life science investor with a focus on creating long-term value.

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Investment focus

  • Industry: Biotechnology, Health Care, Medical
  • Stage:Series A, Series B, Series C
  • Geography: United States, Denmark, United Kingdom

Investor stats

  • Total investments: 407
  • Round size: Series A $9.5M–$133M; Series B $15M–$135M; Series C $30M–$118M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: May invest from a new fund soon — raised $165M in 2018

Portfolio highlights

  • IVERIC bio — IVERIC bio is a science-driven biopharmaceutical company focused on the discovery and development of novel treatment options for retinal diseases with significant unmet medical needs. The Company is currently developing both therapeutic product candidates for age-related retinal diseases and gene therapy product candidates for orphan inheritedretinal diseases.
  • Windward Bio — Windward Bio is a clinical-stage, drug development company committed to improving outcomes for people living with serious immunological diseases.
  • SCHOTT Poonawalla — SCHOTT Poonawalla is a manufacturer of pharmaceutical containers, made of neutral glass tubing. The company provides parenteral packaging systems crafted from tubular glass, serving the pharmaceutical industry with a broad range of products including vials, pre-fillable syringes, ampoules, and cartridges.
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Vsquared Ventures
VC Fund · Munich, Bayern, Germany · 2 investments in Denmark Sustainability startups

Vsquared Ventures invests in early-stage deep-tech companies that are tackling society's most pressing challenges, with a focus on quantum and novel computing, green energy, robotics, AI/ML, new space, synthetic biology, and healthcare. It is committed to a partnership and will go to any length to help accelerate and scale vision,unlocking all seemingly impossible possibilities.

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Investment focus

  • Industry: Artificial Intelligence, Semiconductor, Manufacturing
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, Switzerland

Investor stats

  • Total investments: 77
  • Round size: Seed $4.2M–$19M; Series A $15M–$63M; Series B $30M–$124M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $230M in 2024

Portfolio highlights

  • AlphaLum — Holographic-optic combiners and ultra-low-power interferometric laser sensors enabling all-day wearable AR and intelligent systems at scale.
  • StandardX — StandardX is a deep-tech company building the isotope refinery powered by a scalable, compact particle accelerator platform.
  • Lace Lithography — Lace is building the patterning technology that will power the next 100 years of semiconductor manufacturing.
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Giant Ventures
VC Fund · London, England, United Kingdom · 2 investments in Denmark Sustainability startups, 6 in the past 12 months

Giant backs purpose-driven founders building companies that matter.

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Investment focus

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

Investor stats

  • Total investments: 106
  • Round size: Seed $2.6M–$12M; Pre-Seed $1.2M–$6.3M; Series A $10M–$56M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $100M in 2024

Portfolio highlights

  • Radiant — Clean. Portable. Safe. Energy
  • EnduroSat — Enabling profitable LEO satellite constellations with standardized satellites and fixed-cost space service. 100+ satellites deployed to orbit
  • Efficient Computer — Efficient Computer is ushering in a new era of computing with our ultra-energy-efficient programmable processors.
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Root Ventures
VC Fund · San Francisco, California, United States · 2 investments in Denmark Sustainability startups

Root Ventures is a seed-stage venture capital firm that invests in technical teams working on deep tech. The firm specializes in the fields of financial services, venture capital, and investments. It was founded in 2013 and headquartered in San Francisco, California.

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Investment focus

  • Industry: Software, Artificial Intelligence, Machine Learning
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, Israel

Investor stats

  • Total investments: 113
  • Round size: Seed $2M–$8M; Series A $7.5M–$20M; Series B $20M–$45M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Illoca — Illoca is building a platform that leverages generative AI to accelerate commercial architecture workflows.
  • Instrumental — Accelerate product maturity, de-risk ramp, and improve yields. Instrumental helps you find and fix issues you didn't even know were there.
  • Volund Manufacturing — Propulsion at scale
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Maersk Growth
VC Fund · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Sustainability startups

Integrated logistics company and global leader in container shipping.

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Investment focus

  • Industry: Logistics, Supply Chain Management, Software
  • Stage:Series A, Seed, Series B
  • Geography: United States, United Kingdom, Denmark

Investor stats

  • Total investments: 96
  • Round size: Seed $1.3M–$4.9M; Series A $10M–$22M; Series B $10M–$115M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Nabu — Nabu unifies the entire customs declaration process on a single AI-powered platform. It automates operations to save time and reduce errors. The platform helps businesses make critical decisions more efficiently.
  • Vertoro — Vertoro transforms woody and agricultural residues into a wide range of bio-based chemicals, materials, and fuels.
  • Kvasir Technologies — Imagine a world without fossil fuelsThis is where we come in! We have invented a solution that makes this possible already in 2050.
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Nefco
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Denmark Sustainability startups

Nefco accelerates the green transition by providing risk capital to small and medium-sized projects with positive impact on the environment and climate.

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Investment focus

  • Industry: Energy, Renewable Energy, Sustainability
  • Stage:Debt Financing, Post-IPO Debt, Grant
  • Geography: Finland, Sweden, Denmark

Investor stats

  • Total investments: 18
  • Round size: Post-IPO Debt $4.3M–$8.4M; Debt Financing $1.8M–$12M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Korkia — Korkia is a global investor and developer of renewable energy projects focused on utility-scale solar, wind, and energy storage. The company develops projects across the full lifecycle, from early-stage site identification and permitting to financing, construction readiness, and asset management. Korkia works with local development partners andproject companies to co-develop industrial-scale plants in multiple markets. Its activities combine renewable energy project development with investment and fund management services for institutional and private investors. Korkia structures alternative investment funds and direct investments that channel capital into its solar, wind, and battery energy storage pipelines. Through this combined development and investment model, Korkia targets long-term value creation in the renewable power sector.
  • Donkey Republic — Donkey Republic enables cities to create a better quality of life, getting people on two wheels. We provide a flexible, reliable and open bike sharing platform that adjusts to the needs of the city, and integrates to rest of the public transport. We provide bike- and ebike sharing service using virtual or physical docking stations, for both short-and long term rentals.
  • Merus Power Dynamics — Merus Power provides advanced battery energy storage and power quality solutions designed and manufactured in Finland for reliable, efficient power systems.
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Danish Green Investment Fund
VC Fund · Hellerup, Hovedstaden, Denmark · 2 investments in Denmark Sustainability startups

The Danish Green Investment Fund finances companies and projects that make green conversion into good business.

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Investment focus

  • Industry: Apps, Farming, Last Mile Transportation
  • Stage:Seed, Debt Financing, Post-IPO Debt
  • Geography: Denmark

Investor stats

  • Total investments: 5
  • Round size: Seed $4.7M–$9.1M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Enorm — The Black Soldier Fly larva can play a decisive role in the green development of our agriculture and food industry.
  • Agreena — Agreena is a startup that mints, verifies and sells carbon credits generated by farmers to provide an economic incentive to switch from traditional arable farming to regenerative agricultural methods.
  • Donkey Republic — Donkey Republic enables cities to create a better quality of life, getting people on two wheels. We provide a flexible, reliable and open bike sharing platform that adjusts to the needs of the city, and integrates to rest of the public transport. We provide bike- and ebike sharing service using virtual or physical docking stations, for both short-and long term rentals.
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Juergen Mayerhofer
Angel · Vienna, Wien, Austria · 2 investments in Denmark Sustainability startups

Juergen Mayerhofer is the CEO and Founder of Enspired and attended Stanford University Graduate School of Business in 2018. Previously he worked with Eurelectric as Platform Member.

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Investment focus

  • Industry: Renewable Energy
  • Stage:Seed, Pre-Seed
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Reel Energy — Reel empowers all companies to procure renewable electricity that makes a real difference for the climate.
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Circles & Squares
VC Fund · Randers, Midtjylland, Denmark · 2 investments in Denmark Sustainability startups

Circles & Squares is an angel investor group.

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Investment focus

  • Industry: Information Technology, Software, Music
  • Stage:Venture - Series Unknown, Seed
  • Geography: Denmark, Canada

Investor stats

  • Total investments: 8
  • Round size: Seed $5.8M–$7.8M
  • Lead/follow: 88% lead, 12% follow

Portfolio highlights

  • WasteHero — Solving Disconnected Waste Management With The #1 SaaS Cloud Waste Management Platform for Local Authorities and Waste Collectors.
  • Singdaptive — Compare US-facing sportsbook promos from ten operators, with welcome bonus structures, rollover and minimum odds explained, plus how to value bonus bets.
  • Blue World Technologies — Blue World Technologies accelerates the green transition by enabling the use of renewable methanol through high efficient fuel cells.
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Ulf Bech Christensen
Angel · 2 investments in Denmark Sustainability startups

Ulf Bech Christensen is a Biotech entrepreneur.

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Investment focus

  • Industry: Women's, Sustainability, Industrial Manufacturing
  • Stage:Angel, Debt Financing
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Mewalii — Mewalii is a developer of sustainable disposable pads offering a hygienic life for women. The company manufactures sustainable sanitary napkins and tampons using biodegradable materials like plant fibers to help women have hygienic menstruation away from plastic and harmful chemicals.
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EISMEA
VC Fund · 2 investments in Denmark Sustainability startups

Investment focus

  • Industry: Manufacturing, Software, Biotechnology
  • Stage:Grant, Venture - Series Unknown, Seed
  • Geography: Spain, Italy, United Kingdom

Investor stats

  • Total investments: 3533
  • Round size: Seed $53k–$800k; Grant $54k–$2M; Venture - Series Unknown $573k–$2.6M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • AGADE — Esoscheletri Agade | Il primo esoscheletro intelligente per lavoratori progettato per ridurre il rischio di disturbi muscolari delle spalle nella movimentazione manuale dei carichi.
  • BroadBit Batteries — BroadBit is a technology company developing revolutionary new batteries using novel sodium-based chemistries to power the future green economy.
  • Aenitis Technologies — We develop innovative devices for cells therapy processing using Acoustic Radiation Forces.
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European Circular Bioeconomy Fund
VC Fund · Bonn, Nordrhein-Westfalen, Germany · 2 investments in Denmark Sustainability startups

The specialist VC for a regenerative economy

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Investment focus

  • Industry: Biotechnology, AgTech, Agriculture
  • Stage:Series B, Series A, Venture - Series Unknown
  • Geography: Germany, France, The Netherlands

Investor stats

  • Total investments: 29
  • Round size: Series A $5.9M–$19M; Series B $10M–$45M; Venture - Series Unknown $8.7M–$20M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: Likely still investing — raised $339M in 2022

Portfolio highlights

  • Wakuli — It's called specialty coffee. Roasted lighter to enhance all the exciting flavours. To really taste them it's important to drink fresh. That's why we send our mailbox-friendly coffee within one week after roasting. And always with a better price for the farmers - thanks to you.
  • Reduced — Reduced develops natural flavor enhancers from upcycled produce.
  • foodforecast — AI supported solution to reduce food waste.
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Norlys
VC Fund · Silkeborg, Midtjylland, Denmark · 2 investments in Denmark Sustainability startups

Norlys is a telecommunication firm that produces renewable energy and offers electricity, television and internet services.

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Investment focus

  • Industry: Recycling, Sustainability, Renewable Energy
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Re-claim — Made with Framer
  • Green Hydrogen Systems — GreenHydrogen believes that electrolysers have a great potential to become a core technology in green and renewable energy.
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Yara Growth Ventures
VC Fund · Oslo, Oslo, Norway · 2 investments in Denmark Sustainability startups

Yara Growth Ventures is the venture investment team within Yara International ASA. The Yara Growth Ventures team invests in disruptive startups in the agri-food industry globally in order to advance the mission of responsibly feeding the world and protecting the planet. Learn more at www.yaragrowthventures.com

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Investment focus

  • Industry: AgTech, Agriculture, FinTech
  • Stage:Series B, Series A, Seed
  • Geography: Norway, United States, India

Investor stats

  • Total investments: 25
  • Round size: Seed $3.9M–$4M; Series A $5.7M–$21M; Series B $28M–$75M
  • Lead/follow: 44% lead, 56% follow

Portfolio highlights

  • Sabanto — Sabanto brings autonomy to agriculture with retrofit kits that transform existing tractors into fully autonomous machines. Boost efficiency, reduce labor, and farm 24/7 with the Sabanto Autonomy System. Book a demo today.
  • Ecorobotix — Discover how Ecorobotix is revolutionizing precision agriculture with AI-driven field sprayers. Cut costs, boost yields, and farm smarter with precision ag technology.
  • Plasmaleap — Plasmaleap is a plasma technology company that manufactures and sells zero-emissions chemical reactors designed for industrial and energy applications. The company develops reactor systems that use plasma processes to enable chemical production and transformation without relying on conventional combustion methods. Its technology supports sectorssuch as clean fuels, chemical manufacturing, and materials processing by offering electrified reactor solutions that can be integrated into existing industrial workflows. Plasmaleap designs modular systems that allow operators to deploy plasma reactors for on-site production and conversion of feedstocks using electricity as the primary energy input. The company also provides engineering support and technical integration services to help customers incorporate its reactor technology into commercial operations. Through its plasma-based approach, Plasmaleap focuses on enabling chemical processes that align with decarbonization and emissions reduction objectives across multiple industries.
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European Energy
VC Fund · Søborg, Hovedstaden, Denmark · 2 investments in Denmark Sustainability startups

European Energy develops, constructs and operates renewable energy solutions. We are committed to an energy independent future for Europe and the world.

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Investment focus

  • Industry: Fuel Cell, GreenTech, Manufacturing
  • Stage:Seed, Series A
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • ShipTown — ShipTown enables reliable clean power using hydrogen-based energy storage. Store renewable electricity and deliver stable power when demand is highest.
  • Kvasir Technologies — Imagine a world without fossil fuelsThis is where we come in! We have invented a solution that makes this possible already in 2050.
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Bo Wase
Angel · Skanderborg, Midtjylland, Denmark · 2 investments in Denmark Sustainability startups

Bo Wase is chairman of InCommodities.

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Investment focus

  • Industry: Renewable Energy
  • Stage:Seed, Pre-Seed
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Reel Energy — Reel empowers all companies to procure renewable electricity that makes a real difference for the climate.
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Jacob Wolff-Petersen
Angel · Copenhagen, Hovedstaden, Denmark · 2 investments in Denmark Sustainability startups

Jacob Wolff-Petersen is the founder of SteelSeries, a leading manufacturer of peripherals for gaming and electronic sports (eSports), including headsets, keyboards, mice, mouse pads and mouse accessories.

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Investment focus

  • Industry: Renewable Energy, Environmental Consulting, Manufacturing
  • Stage:Seed
  • Geography: Denmark

Investor stats

  • Total investments: 2
  • Round size: Seed $3M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 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.
  • LastObject — LastObject is a Danish manufacturing company, based in Copenhagen that sells sustainable products online and in retail globally. Having been launched in 2016, it launches new products through crowdfunding campaigns on Kickstarter and Indiegogo. The company is best known for producing LastSwab, a reusable cotton swab.
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Mist Ventures
VC Fund · Lund, Skane Lan, Sweden · 1 investments in Denmark Sustainability startups

They invest in the pre-seed/seed stages of scalable technology-based companies aiming for large international markets. The business shall be able to operate long term, with a core of future-proof technologies.Mist Ventures invests in technology-based companies (deep tech) based on proprietary technology superior to to competition.

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Investment focus

  • Industry: Artificial Intelligence, Information Technology, Software
  • Stage:Seed, Series A
  • Geography: Sweden, Denmark, Saudi Arabia

Investor stats

  • Total investments: 9
  • Lead/follow: no public data

Portfolio highlights

  • BRKZ — BRKZ is a construction-tech company that provides a one-stop solution by selling building materials to contractors and builders.
  • IntuiCell — IntuiCell develops a fundamentally new recursive computing architecture and associated technology platform.
  • Oktogrid — Electrification is taking place at a rate, where conventional methods for inspection, maintenance, and congestion management no longer match the new energy scenario. Distribution transformers are ageing blind spots today with no access to online, real-time performance data. This is because getting access to data is hard. We have solved this problem.
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David Helgason
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sustainability 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: 81
  • Round size: Seed $1M–$8.3M; Pre-Seed $242k–$2.4M; Series A $5.4M–$30M
  • Lead/follow: 4% lead, 96% 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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Anorak Ventures
VC Fund · San Francisco, California, United States · 1 investments in Denmark Sustainability startups

Anorak Ventures is a venture capital firm based in San Francisco investing in seed-stage technology companies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Virtual Reality
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Ghana

Investor stats

  • Total investments: 135
  • Round size: Seed $880k–$7.6M; Pre-Seed $340k–$6M; Series A $4M–$50M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: Likely actively investing — fresh fund, raised $25M in 2025

Portfolio highlights

  • Birdstop — Fully automated aerial imaging on your field assets through AI powered drones.
  • Light Links, Inc. — Light Links, Inc. is revolutionizing wireless connectivity with its stealth, plug-and-play hybrid technology that integrates Free-Space Optical (FSO) communication based on diffused laser beams integrated with existing RF technologies. Our solution provides gigabit-speed, ultra-low-latency, bandwidth-dedicated, secure, and anti-jamming highlyreliable (non-line-of-sight) wireless connectivity for enterprise and consumer markets. We call this Wi-OW, the next generation of wireless communication.
  • Heaviside Industries — Heaviside Industries is a defense technology company that develops autonomous precision munitions for land, air, and sea systems.
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Klaus Oestermann
Angel · San Francisco, California, United States · 1 investments in Denmark Sustainability startups

Klaus Oestermann is based out of Miami, Florida, and is the CEO of IGEL Technology. Klaus previously worked at True Lark as an Advisor. Klaus Oestermann attended Copenhagen Business School.

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Investment focus

  • Industry: Software, SaaS, Computer
  • Stage:Angel, Seed, Venture - Series Unknown
  • Geography: Denmark, United States

Investor stats

  • Total investments: 5
  • Round size: Angel $200k–$2.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zigna — Zigna provides access to a global network of content creators and delivers visual consent solutions. To produce tailored content, Zigna works with clients all over the world to link them with highly qualified, vetted, local content creators including photographers, videographers, influencers, talent, and enthusiastic individuals. Zigna intends toassist local content producers on their path to independence.
  • Nordsense — Nordsense offers a simple and affordable smart waste management solution that optimizes waste collection processes with IoT. Learn more here.
  • CloudVolumes — Formerly known as SnapVolumes, CloudVolumes was founded in early 2011 by virtualization, security and datacenter luminaries from VMware, Citrix, Microsoft, Symantec, RSA, Sun (Oracle) and Virident to provide IT with new enterprise class solutions for instant-workload management that takes full advantage of virtualization, supports legacyapplications, eliminates the need for re-architecting or rewriting existing software, and works with existing policies and management solutions in datacenter and clouds by virtualizing everything above the OS. The company is headquartered in Santa Clara, California.
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Kasper Knokgaard
Angel · New York, New York, United States · 1 investments in Denmark Sustainability startups

Kasper Grundtvig Knokgaard is based out of New York, New York and is on the Board of Directors at Arkyn. and also Founder of Compounding Capital. Kasper previously worked at United Talent Agency as a Board Member. He graduated from the Copenhagen Business School (CBS).

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Investment focus

  • Industry: Software, Apps, SaaS
  • Stage:Angel, Seed, Secondary Market
  • Geography: Denmark, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $876k–$4.6M; Angel $81k–$500k
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Norlix — Norlix is a digital insurance and pension brokerage platform that uses AI to analyze business data and provide advisory services.
  • Vaavud — We are a crowdsourced weatherservice. Our mission is to provide high-resolution personalized weather information
  • Fenerum — Automate your subscription management and financial operations with automatic billing, automated accounting, expense management, SaaS KPIs, and reporting.
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Peter Holm
Angel · Sønderborg, Syddanmark, Denmark · 1 investments in Denmark Sustainability startups

Peter Holm

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Investment focus

  • Industry: Energy, Nuclear, Sustainability
  • Stage:Venture - Series Unknown
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Seaborg Technologies — Seaborg Technologies is making nuclear inexpensive and sustainable in order to fight climate change.
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The Index Project
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sustainability startups

Design to improve life is about solving real problems, small and large, simple and complex, systemic and emerging and is a life-long pursuit. The Index Project is a call to action. Are you in?

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Investment focus

  • Industry: Chemical, Artificial Intelligence, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Denmark, Chile

Investor stats

  • Total investments: 9
  • Round size: Seed $1.5M–$2M; Series A $1.1M–$3M
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Agribuddy — Management of agricultural support application "AGRIBUDDY".
  • CanopyLAB — CanopyLAB is an educational technology company located in Hvidovre, Greater Copenhagen, Denmark. We have built an AI-powered social learning platform for corporate training. Through personalization our platform enables all learners to realize their potential in a way that is fast, fun and future-proof. We call it "The Future of Learning-Delivered Today".We work on two verticals:1. The Canopy A social learning platform powered by AI A research-based social learning platform for developing competencies through individualized and adaptive learning experiences. It is designed with an integrated social network structure to enhance collaborative learning and built on strong Nordic learning principles.2. The LAB A learning community with provocative content Join our global learning community for youth. Take free courses, exchange ideas, gain new knowledge and practice competencies offered by 100 + pioneering NGOs in controversial and often neglected topics such as sexuality, sexual & reproductive rights, climate action, health, and the SDGs.CanopyLAB acquired Peruvian publishing startup Yopublico in April 2020.
  • Destácame — Destacame is the first behavior-based credit score in Latin America.
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Steen Ulf Jensen
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sustainability startups

Steen Ulf Jensen Investor, Chairman of the Board at PentaLock

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Investment focus

  • Industry: Artificial Intelligence, Legal, Internet
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Denmark

Investor stats

  • Total investments: 5
  • Round size: Seed $800k–$1.2M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Cavea — CAVEA.IO is providing AI based sponsorship and advertising measurement for esports and brands. We help companies make better and more informed decisions based on insights by analyzing the impact of marketing in streaming and social media. We offer authentic and lightning-fast customer support smoother than you ever expected. Working with giantslike FNATIC, ASTRALIS, and DREAMHACK - we continuously strive to become better and deliver more than anyone expects.
  • 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.
  • Beyond Leather Materials — Leap is upcycled apple waste turned into a truly sustainable plant-based leather alternative made by Beyond Leather. Apple leather like material on a new level.
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Bonfire Ventures
VC Fund · Santa Monica, California, United States · 1 investments in Denmark Sustainability startups, 10 in the past 12 months

Bonfire Ventures leads Seed rounds for business software solutions company founders transforming the industries they target.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 164
  • Round size: Seed $1.7M–$8.9M; Series A $7M–$25M; Series B $15M–$50M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Ranger AI — Discover how Ranger RFX simplifies proposals with innovative tools designed for manufacturers. Improve accuracy, reduce downtime, and achieve cost savings today.
  • Katalyze AI — Katalyze builds agentic infrastructure for global pharma, so that more medication reaches more patients, faster.
  • Vali Health — Vali Health delivers AI-driven software that automates core workflows for home care agencies, including scheduling, hiring, compliance tracking, and routine communication. The platform functions as a virtual assistant that operates around the clock, coordinating shifts, sending reminders, and handling common administrative tasks through digitalchannels. Vali Health focuses on reducing manual workload for office staff while improving responsiveness to caregivers and clients. The system supports caregiver retention by sending personalized messages such as birthday greetings, shift follow-ups, and check-ins that acknowledge individual contributions. Integrations with existing home care management tools aim to keep client information, caregiver availability, and documentation aligned. Analytics features help agency leaders monitor staffing patterns, engagement levels, and operational bottlenecks so that adjustments can be made in real time. By embedding automation into everyday processes, Vali Health encourages more consistent communication and smoother coordination of in-home services.
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Lars Nielsen
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sustainability startups

Founder @ Sitecore, now investor at Nordic Makers. Multiple board positions, nemlig.com, WhiteAway group, Seaborg Technologies.

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Investment focus

  • Industry: Energy, Nuclear, Hospitality
  • Stage:Pre-Seed, Venture - Series Unknown
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Grand PMS — Rooms, events and F&B on one AI-assisted platform. GRAND helps hotels and venues automate operations, sell more and spend more time with their guests.
  • Seaborg Technologies — Seaborg Technologies is making nuclear inexpensive and sustainable in order to fight climate change.
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Morten Baehrenz
Angel · 1 investments in Denmark Sustainability startups

Morten Baehrenz - CEO & Co Founder @ Rackbeat

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Investment focus

  • Industry: SaaS, Software, Sustainability
  • Stage:Pre-Seed
  • Geography: Denmark

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Contribe.io — Next Generation Sustainability Management System
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Peter M Jensen
Angel · 1 investments in Denmark Sustainability startups

Peter Jensen is the CEO at RocketFuel Blockchain Inc.Mr. Jensen brings invaluable sales and management expertise to the team given his distinguished and long career in the technology sector. With his leadership, he has been an instrumental part of several major acquisitions at his previous companies.Before joining StopTheHacker, Mr. Jensen wasthe Vice President of Sales at Pancetera Software, Inc., a data management and protection company, from 2010 until its 2011 acquisition by Quantum Corp. (NYSE: QTM). Prior to Pancetera, he was the Vice President of Sales at Thinstall, an application virtualization company, through its acquisition by VMware, Inc. (NYSE: VMW), who retained Mr. Jensen as a sales manager following the transaction. Mr. Jensen earlier held senior sales management positions with Oracle Corporation and Symantec Corporation. He received his MBA from Copenhagen Business School in Denmark.

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Investment focus

  • Industry: SaaS, Hardware, Software
  • Stage:Seed
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Nordsense — Nordsense offers a simple and affordable smart waste management solution that optimizes waste collection processes with IoT. Learn more here.
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DEUTZ AG
VC Fund · Cologne, Nordrhein-Westfalen, Germany · 1 investments in Denmark Sustainability startups

Founded in 1864, DEUTZ AG was the world's first engine company. Today, DEUTZ is still one of the world's leading independent engine manufacturers DEUTZ offers a broad spectrum of liquid-cooled and aircooled engines with capacities ranging from 25 kW to 520 kW, which are used in construction equipment, agricultural machinery, commercialvehicles, rail vehicles and ships. People all over the world can tell you what the DEUTZ brand represents. After all, wherever DEUTZ engines are deployed, our customers know one thing for sure: they can rely on their DEUTZ engines. No matter how challenging the requirements are. No matter at what latitude. The DEUTZ brand is a firmly established player in the equipment manufacturing and operating industry – and has been for 150 years. In 2014, DEUTZ AG is celebrating its 150th anniversary in style. We want to invite you on a journey through time, a journey that will take you not only back into the past but also forward to the future. Be a part of this special occasion. Discover the origins of engine history, send a virtual greeting from 1864 and help to write part of DEUTZ's history yourself, for example by signing our visitor book.

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Investment focus

  • Industry: Fuel Cell, Manufacturing, Renewable Energy
  • Stage:Series A
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Blue World Technologies — Blue World Technologies accelerates the green transition by enabling the use of renewable methanol through high efficient fuel cells.
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Jon Erik Reinhardsen
Angel · 1 investments in Denmark Sustainability startups

Jon Erik Reinhardsen is a Norwegian business executive currently holding positions including Chairman of the Board of Equinor ASA, board member of Telenor ASA, and other senior appointments. Reinhardsen was the Chief Executive Officer of Petroleum Geo-Services (PGS) from 2008 to 2017, providing geophysical and reservoir services and data.

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Investment focus

  • Industry: SaaS, Energy, Analytics
  • Stage:Seed
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • Aegir Insights — We enable strategic decision-making about offshore wind with powerful commercial tools and bespoke research. Discover our latest insights online.
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Sustainability Investor funding in Denmark at a glance

Stats across 253 deals from 262 investors.

262
investors
in Denmark Sustainability startups
253
deals
in Denmark Sustainability startups
$3M
median round
in Denmark Sustainability startups
50%
lead investors
lead at least one round
21%
Seed
most common funding stage
83/17
VC / Angel
share of investor count

Access all 262 investors in Denmark Sustainability startups.

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