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Top 50 Sustainability VC Funds & Investors in Denmark (October 2026)

The most active venture capital funds 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 Seed, Series A or Series B 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
Antler
VC Fund
13 United States, Singapore, Australia Pre-Seed, Seed, Series A Software, Artificial Intelligence, Information Technology $100k–$29M
Export and Investment Fund
VC Fund
13 Denmark, United States, Norway Seed, Series A, Pre-Seed Software, Biotechnology, Health Care $395k–$84M
UVC Partners
VC Fund
6 Germany, Switzerland, Denmark Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $2.2M–$175M
Transition
VC Fund
5 United States, United Kingdom, Denmark Seed, Series A, Series B Manufacturing, Software, CleanTech $2.5M–$312M
CVX Ventures
VC Fund
5 Denmark, Sweden, Norway Seed, Pre-Seed, Angel Manufacturing, SaaS, Gaming $44k–$5.5M
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
West Hill Capital
VC Fund
3 United Kingdom, Denmark, Germany Venture - Series Unknown, Series A, Seed Health Care, Information Technology, Software $1.8M–$15M
Nupark Accelerace
VC Fund
3 Denmark Seed, Series A Mobile, E-Commerce, Apps $508k–$853k
North-East Family Office
VC Fund
3 Denmark, United States Seed, Series B, Pre-Seed Biometrics, Health Care, Real Estate $2.4M–$41M
BioInnovation Institute
VC Fund
3 Denmark, Germany, Switzerland Convertible Note, Pre-Seed, Seed Biotechnology, Medical, Health Care $495k–$5.2M
Human Act
VC Fund
3 Denmark Pre-Seed SaaS, Cooking, Software $497k–$1.1M
PSV
VC Fund
3 Denmark, United States, Sweden Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $307k–$4.6M
VÅR Ventures
VC Fund
3 Denmark, United Kingdom Seed, Venture - Series Unknown Organic, Manufacturing, Biomass Energy $2.3M–$3.1M
Vsquared Ventures
VC Fund
2 Germany, United States, Switzerland Seed, Series A, Series B Artificial Intelligence, Semiconductor, Manufacturing $4.2M–$124M
EISMEA
VC Fund
2 Spain, Italy, United Kingdom Grant, Venture - Series Unknown, Seed Manufacturing, Software, Biotechnology $53k–$2.6M
Giant Ventures
VC Fund
2 United States, United Kingdom, Denmark Seed, Series A, Pre-Seed Software, Artificial Intelligence, FinTech $1.2M–$56M
Danish Green Investment Fund
VC Fund
2 Denmark Seed, Debt Financing, Post-IPO Debt Apps, Farming, Last Mile Transportation $4.7M–$9.1M
Foundamental
VC Fund
2 United States, India, Germany Seed, Series A, Pre-Seed Construction, Software, Real Estate $533k–$26M
Norlys
VC Fund
2 Denmark Seed, Venture - Series Unknown Recycling, Sustainability, Renewable Energy
European Circular Bioeconomy Fund
VC Fund
2 Germany, France, The Netherlands Series B, Series A, Venture - Series Unknown Biotechnology, AgTech, Agriculture $5.9M–$45M
Yara Growth Ventures
VC Fund
2 Norway, United States, India Series B, Series A, Seed AgTech, Agriculture, FinTech $3.9M–$75M
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
Rincon Venture Partners
VC Fund
2 United States, Denmark Series A, Seed, Series B Software, SaaS, Analytics $1.5M–$25M
European Energy
VC Fund
2 Denmark Seed, Series A Fuel Cell, GreenTech, Manufacturing
Root Ventures
VC Fund
2 United States, Canada, Israel Seed, Series A, Series B Software, Artificial Intelligence, Machine Learning $2M–$45M
Novo Holdings
VC Fund
2 United States, Denmark, United Kingdom Series A, Series B, Series C Biotechnology, Health Care, Medical $9.5M–$135M
Circles & Squares
VC Fund
2 Denmark, Canada Venture - Series Unknown, Seed Information Technology, Software, Music $5.8M–$7.8M
Revent
VC Fund
1 Germany, United Kingdom, France Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $1.3M–$31M
Seed Capital
VC Fund
1 Denmark, United States, United Kingdom Seed, Venture - Series Unknown Software, Health Care, Information Technology $508k–$5.5M
EMD Fonden
VC Fund
1 Denmark Seed, Pre-Seed Energy, Finance, Software $3.2M–$3.8M
Momenta Ventures
VC Fund
1 United States, Switzerland, Canada Seed, Series A, Series B Software, Artificial Intelligence, Industrial Automation $1M–$60M
New Enterprise Associates
VC Fund
1 United States, China, India Series A, Series B, Series C Software, Health Care, Biotechnology $6M–$102M
North-East Venture
VC Fund
1 Denmark, United Kingdom, Germany Seed, Venture - Series Unknown Fashion, Software, E-Commerce $1.1M–$8.7M
Nordic Makers
VC Fund
1 Denmark, United States, Norway Seed, Pre-Seed, Series A Software, Information Technology, Education $270k–$15M
Korys
VC Fund
1 Belgium, The Netherlands, Germany Series B, Series A Biotechnology, Renewable Energy, Information Technology $3.9M–$110M
Tamarack Global
VC Fund
1 United States, Denmark Seed, Series A, Series B Aerospace, CleanTech, Clean Energy $2M–$675M
byFounders
VC Fund
1 Denmark, United States, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, Health Care $800k–$65M
Mist Ventures
VC Fund
1 Sweden, Denmark, Saudi Arabia Seed, Series A Software, Information Technology, Artificial Intelligence $2.2M–$8M
Helen Ventures
VC Fund
1 Germany, Austria, Finland Seed, Series A, Series B Renewable Energy, SaaS, Energy $918k–$31M
Climentum Capital
VC Fund
1 Sweden, Norway, Germany Seed, Series A, Series B CleanTech, Energy, Clean Energy $2.1M–$16M
Starlight Ventures
VC Fund
1 United States, Finland, Italy Seed, Series A Biotechnology, Energy, Health Care $584k–$100M
Nucleation Capital
VC Fund
1 Sweden, Denmark, United States Series A, Seed, Series B Nuclear, CleanTech, Clean Energy $11M–$45M
Partech
VC Fund
1 United States, France, Germany Series A, Seed, Series B Software, E-Commerce, SaaS $1.1M–$55M
Division Q
VC Fund
1 Denmark Seed Fuel, AgTech, CleanTech
Norrsken VC
VC Fund
1 Sweden, United Kingdom, Germany Seed, Series A Software, Food and Beverage, Artificial Intelligence $700k–$56M
Engine Ventures
VC Fund
1 United States, Denmark Seed, Series A Biotechnology, Manufacturing, Medical $5M–$60M
Access all 218 VC funds in Denmark Sustainability startups.

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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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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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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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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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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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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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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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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.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
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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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.
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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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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Revent
VC Fund · Berlin, Berlin, Germany · 1 investments in Denmark Sustainability startups, 8 in the past 12 months

Revent is a tech fund backing purpose-driven founders addressing the biggest challenges of our time.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United Kingdom, France

Investor stats

  • Total investments: 46
  • Round size: Seed $2.1M–$10M; Pre-Seed $1.3M–$4.7M; Series A $11M–$31M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely actively investing — fresh fund, raised $113M in 2025

Portfolio highlights

  • FRYTE — FRYTE is a matchmaking platform that find, optimise, and operate your tailored e-truck charging network.
  • Tellia — Talk as you walk, drive, scout. Tellia turns real conversations into clean, structured records that sync to your databases.
  • Oska Health — Oska Health delivers digital-enabled care solutions for chronic kidney disease patients, a top clinical need for healthcare payers. By leveraging evidence-based medical best practices and behavioral science, Oska Health aims to empower individuals with kidney disease to mitigate their risk of cardiovascular complications and kidney failure whilesimultaneously lowering costs of care. The company partners with healthcare payers to provide a comprehensive solution that includes a personal coach, a state-of-the-art health app, and intelligent treatment plan algorithms, all designed to help individuals establish new routines and achieve optimal health outcomes.
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Seed Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sustainability startups

Seed Capital invests in Danish tech businesses with global ambitions. We are focused on "late seed"-stage companies, typically investing 1-3 MEUR in rounds of 1-6 MEUR. Proud backers of Trustpilot, Vivino, Lunar, Templafy, Dixa, Forecast, and many other great companies.

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Investment focus

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

Investor stats

  • Total investments: 201
  • Round size: Seed $508k–$5.5M; Venture - Series Unknown $513k–$5.1M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $74M in 2021

Portfolio highlights

  • Tailify — Influencer Marketing, Powered by Behavioural Science. We're Tailify, the influencer marketing agency that combines the power of influence with the science of human behaviour.
  • Reapplix — Reapplix ApS, a research and development company, identifies blood-derived proteins that improve wound healing, isolates them, and reapplies them to patients with chronic wounds. The company was founded in 2008 and is based in Birkerod, Denmark.
  • Neurescue — Neurescue, a medical device manufacturer based in Denmark, is developing cardiovascular devices to help emergency patients. Neurescue’s first product, the safeREBOA device, is the first computer-aided aortic occlusion catheter. Our future goal is to enable the potential clinical utility of further intelligent procedures.
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EMD Fonden
VC Fund · Denmark, South Carolina, United States · 1 investments in Denmark Sustainability startups

The EMD Foundation has set up a high-performance computer cluster with historical weather data for the entire world.

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Investment focus

  • Industry: Energy, Finance, Software
  • Stage:Seed, Pre-Seed
  • Geography: Denmark

Investor stats

  • Total investments: 4
  • Round size: Seed $3.2M–$3.8M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 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.
  • Visibuilt — Visibuilt develops sustainable, bio-based asphalt binders made from mycelium. Replace fossil bitumen with visiBIT.
  • Legacy — Easily track carbon emissions and report on your real estate portfolio with confidence. Invest in your real estate portfolio and get started with Legacy.
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Momenta Ventures
VC Fund · Engelberg, Obwalden, Switzerland · 1 investments in Denmark Sustainability startups

Momenta is the leading Industrial Impact® venture capital firm, accelerating industrial innovators across energy, manufacturing, smart spaces, and the supply chain. For over a decade, our team of deep industry operators has helped scale industry leaders and innovators to improve critical industries, the environment, and people's quality oflife. PitchBook has ranked Momenta as one of the ten best-performing venture capital firms for 2023 in its prestigious Global Manager Performance Score League Tables, and the firm is the only European-headquartered VC to secure a Top 10 spot on the list.

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Investment focus

  • Industry: Software, Artificial Intelligence, Industrial Automation
  • Stage:Seed, Series A, Series B
  • Geography: United States, Switzerland, Canada

Investor stats

  • Total investments: 111
  • Round size: Seed $1M–$5.7M; Series A $2.5M–$23M; Series B $20M–$60M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $100M in 2023

Portfolio highlights

  • AKUA — AKUA is a subscription data service delivering actionable, real-time, and secure business intelligence directly to cargo owners. Their flexible IoT platform provides persistent environmental monitoring and tracking solutions for intermodal cargo containers with no new equipment to buy or manage. AKUA IoT gateway devices, sensors, and devicelogistics are included in the subscription, and any existing IoT sensors can also be integrated into the system. AKUA combines the industry's most advanced tracking devices, tamper-resistant and tamper-evident multi-layer security, and in-transit analytics into a seamless cloud-based solution.
  • DataHow — DataHow is specialized in data analytics and bioprocess modeling
  • Phantasma Labs — That Unlocks Hidden Capacity, Boosts EBITDA, and Delivers ROI in 6 Months
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New Enterprise Associates
VC Fund · Menlo Park, California, United States · 1 investments in Denmark Sustainability startups

Foundational partners to ambitious founders at every stage of company-building.

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Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, India

Investor stats

  • Total investments: 2087
  • Round size: Series A $6M–$55M; Series B $10M–$85M; Series C $15M–$102M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $468M in 2024

Portfolio highlights

  • Zyngenia —
  • ARRIS — High-volume producer of advanced carbon parts for drones, aerospace, cycling, and consumer applications. (Made in U.S.A. or Taiwan)
  • Lithium Technologies — Lithium builds trusted relationships between the world’s best brands and their customers, helping people get answers and share their experiences. Brands like Microsoft, HP, Sephora, Virgin and Barclaycard and customers in more than 34 countries rely on Lithium to help them connect, engage, and understand their total community. With more than 100million monthly visits over all Lithium communities and 750 million online profiles scored by Klout, Lithium has one of the largest digital footprints in the world. Using that data and the company’s software, Lithium customers boost sales, reduce service costs, spark innovation, and build long-term brand loyalty and advocacy.
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North-East Venture
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sustainability startups

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

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Investment focus

  • Industry: Fashion, Software, E-Commerce
  • Stage:Seed, Venture - Series Unknown
  • Geography: Denmark, United Kingdom, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $1.1M–$2.2M; Venture - Series Unknown $2.2M–$8.7M
  • Lead/follow: 17% lead, 83% 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
  • SynergyXR — SynergyXR is a no-code, cloud platform that lets companies design, onboard, sell, and support across all XR devices without writing a single line of code
  • Hyme Energy — Making green heat for industry accessible. Always. Hyme's solution supports the decarbonisation of industrial heat at large-scale.
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Nordic Makers
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Denmark Sustainability startups, 6 in the past 12 months

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

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Norway

Investor stats

  • Total investments: 45
  • Round size: Seed $270k–$4.6M; Pre-Seed $500k–$2.6M; Series A $2.3M–$15M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • KIME — KIME is the agentic operating system for AI Search. Track, benchmark, and execute: it turns your brand visibility across ChatGPT and LLMs into growth.
  • Atech — Atech is a Copenhagen-based hardware startup that simplifies electronics development by enabling users to design and assemble functional prototypes using natural language prompts and modular, snap-together components. The company's platform eliminates complex soldering and firmware configuration, allowing developers to go from a chat-basedconcept to a physical, working device in minutes.
  • Pluto.markets — Pluto is the modern investment app for the 100m Europeans living in countries without the EUR.
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Korys
VC Fund · Halle, Vlaams-Brabant, Belgium · 1 investments in Denmark Sustainability startups

Korys is the name chosen by the Colruyt family for their investment structure. The name Korys is derived from the Latin word for hazelnut tree – Corylus - which is at the origin of the Colruyt name.Their multi-disciplinary approach enables us to create a well-balanced, diversified portfolio of listed stocks and bonds, private equity funds, anddirect participations in small and medium-sized companies. Through their investments, they aim to make a positive impact on people and the planet, while generating attractive returns. A “three P” approach (People, Planet, Profit) forms the cornerstone of their investment strategy. They invest for the long term, as they realize that it takes time to achieve the sustainable impact they are aiming for. They focus their investments in sectors in which they have built substantial expertise as a team: Cleantech, consumer goods & retail and life sciences.

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Investment focus

  • Industry: Biotechnology, Renewable Energy, Information Technology
  • Stage:Series B, Series A
  • Geography: Belgium, The Netherlands, Germany

Investor stats

  • Total investments: 44
  • Round size: Series A $3.9M–$110M; Series B $6.4M–$41M
  • Lead/follow: 48% lead, 52% follow

Portfolio highlights

  • Trunkrs — Wij leveren pakketten tussen 17:00 & 22:00, Sneller, groener en vriendelijker. Same Day & Next Day bezorging door heel Nederland en Vlaanderen.
  • Ampacimon — Ampacimon develops dynamic line rating systems for transmission and distribution systems operators. Ampacimon’s products address grid infrastructure challenges such as aging assets, transmissions congestion, renewable integration, interconnectors.
  • Commit Biologics — Add a description for facebook
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Tamarack Global
VC Fund · New York, New York, United States · 1 investments in Denmark Sustainability startups

Tamarack Global operates as an investment firm that invests in new markets and new economies. The frim specializes in the fields of finance, financial services, and hedge funds.

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Investment focus

  • Industry: Aerospace, CleanTech, Clean Energy
  • Stage:Seed, Series A, Series B
  • Geography: United States, Denmark

Investor stats

  • Total investments: 26
  • Round size: Seed $2M–$47M; Series A $10M–$105M; Series B $20M–$675M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely actively investing — fund raised in 2024

Portfolio highlights

  • EARTH AI — Earth AI is a high-performance explorer for clean energy minerals. We turbocharge metals exploration to build the electric future.
  • Genies — Genies empowers anyone to create AI characters, fashion, props, and experiences with UGC tools. The Avatar Framework and creation tools enables developers, talent, and IP to generate and deploy engine-ready AI characters.
  • Moxion Power — Good Energy. Radical Power.
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byFounders
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sustainability startups, 17 in the past 12 months

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

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Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Sweden

Investor stats

  • Total investments: 114
  • Round size: Seed $1.5M–$9.4M; Pre-Seed $800k–$4.2M; Series A $6.1M–$65M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $117M in 2021

Portfolio highlights

  • Flare — Flare builds infrastructure for a more internet by connecting real-world data with machine learning in a verifiable way.This combines human intelligence with advanced AI to improve the clarity and reliability of information.Its goal is to create a shared, high-quality knowledge foundation that helps people navigate information with confidence.
  • Verda (formerly DataCrunch) — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models
  • Spiral Hydrogen — Spiral Hydrogen's mission is to lower the price of green hydrogen below that of fossil hydrogen, so opening up an industry for decarbonization and making hydrogen transportation and heating commercially viable.
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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: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Sweden, Denmark, Saudi Arabia

Investor stats

  • Total investments: 9
  • Round size: Series A $2.2M–$8M
  • Lead/follow: 11% lead, 89% follow

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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Helen Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Denmark Sustainability startups

Helen has signed a service agreement, through which the management of CVC portfolio companies will be transferred to Redstone Nordics starting from June 1, 2025. As part of this change, the Helen Ventures team will join Redstone's expert organization.

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Investment focus

  • Industry: Renewable Energy, SaaS, Energy
  • Stage:Seed, Series A, Series B
  • Geography: Germany, Austria, Finland

Investor stats

  • Total investments: 29
  • Round size: Seed $918k–$5.5M; Series A $5.5M–$21M; Series B $17M–$31M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: May invest from a new fund soon — raised $55M in 2019

Portfolio highlights

  • Voltfang — We integrate used electric car batteries into a battery storage system and thus build up a decentralized storage network.
  • node.energy — Mit der Software opti.node wird die dezentrale und klimafreundliche Energieversorgung Ihrer Industrie- und Gewerbestandorte radikal vereinfacht. | node.energy
  • Emulate Energy — Emulate Energy transforms demand response into tailored and easy-to-operate energy storage devices costing a fraction of physical batteries.
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Climentum Capital
VC Fund · Copenhagen, Hovedstaden, Denmark · 1 investments in Denmark Sustainability startups

A Venture Capital firm investing into European early-stage tech companies attacking CO2 emissions

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Investment focus

  • Industry: CleanTech, Energy, Clean Energy
  • Stage:Seed, Series A, Series B
  • Geography: Sweden, Norway, Germany

Investor stats

  • Total investments: 24
  • Round size: Seed $2.1M–$6M; Series A $5M–$16M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: Likely still investing — raised $176M in 2022

Portfolio highlights

  • Eqon — Eqon is a technology company specialising in intelligent control systems for electrical heating, with a primary focus on reducing energy consumption and costs.
  • One.Five — Grow your strategic edge with AI-generated solutions that deliver the ultimate packaging performance, affordability & sustainability
  • Nature Robots —
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Starlight Ventures
VC Fund · Miami, Florida, United States · 1 investments in Denmark Sustainability startups

Starlight is a venture capital firm for founders addressing the world’s most pressing challenges & opportunities. We partner early with unstoppable entrepreneurs leveraging breakthrough science and technology to pursue progress at scale in four main areas: the energy transition, industrializing synthetic biology, space technology, and novelcomputing & communications platforms.Starlight was founded in 2017 and is headquartered in Miami, Florida.

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Investment focus

  • Industry: Biotechnology, Energy, Health Care
  • Stage:Seed, Series A
  • Geography: United States, Finland, Italy

Investor stats

  • Total investments: 58
  • Round size: Seed $584k–$8.3M; Series A $10M–$100M
  • Lead/follow: 12% lead, 88% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • Ephos — Designing and manufacturing glass-based integrated photonic circuits that power the most advanced classical and quantum devices
  • Ammobia — Ammobia's advanced reactor technology enables economical ammonia production at any scale. 50% lower CapEx, 10-40% lower costs for fuel, fertilizer, and energy.
  • Commonwealth Fusion Systems — The fastest path to clean, limitless fusion energy.
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Nucleation Capital
VC Fund · Menlo Park, California, United States · 1 investments in Denmark Sustainability startups

Nucleation Capital is a venture capital firm. it seeks to invest in advanced nuclear and deep decarbonization sectors.

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Investment focus

  • Industry: Nuclear, CleanTech, Clean Energy
  • Stage:Series A, Seed, Series B
  • Geography: Sweden, Denmark, United States

Investor stats

  • Total investments: 7
  • Round size: Series A $11M–$45M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Blykalla — Blykalla is developing and building small modular reactors to deliver the next generation of clean energy. We take leading research to industrialization through our Swedish Advanced Lead Reactor (SEALER).
  • Nuclearn — Nuclearn is a software company delivering AI solutions for automating Nuclear Industry tasks.Nuclearn was established in 2020 by two esteemed veterans from the nuclear industry, Jerrold Vincent and Bradley Fox, driven by their passion for innovation. With backgrounds in nuclear engineering, business intelligence, and process improvement, theco-founders came together to create the industry's pioneering in-house data science team at the Palo Verde Nuclear Generating Station in 2016.Their remarkable work quickly gained recognition throughout the nuclear sector, resulting in a US-issued patent and the prestigious NEI Best of the Best, Top Innovative Practice Award in 2020. Fueled by this innovative spirit and a mission to benefit the entire nuclear power industry, Nuclearn was born to provide a safe and efficient way to automate critical processes in the field.
  • Aalo Atomics — Creating abundant and dependable clean energy to power humanity for generations.
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Partech
VC Fund · Paris, Ile-de-France, France · 1 investments in Denmark Sustainability startups

Partech is a global venture capital firm with offices in San Francisco, Paris, Berlin and Dakar. Partech invests in Internet and information technology startups at seed, venture and growth stages.

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Investment focus

  • Industry: Software, E-Commerce, SaaS
  • Stage:Series A, Seed, Series B
  • Geography: United States, France, Germany

Investor stats

  • Total investments: 559
  • Round size: Seed $1.1M–$10M; Series A $4.2M–$28M; Series B $9M–$55M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Prysm Systems — An interactive video wall is a powerful digital display option that sees your message. touch screen display designed for application commercial grade retail.
  • EcoVadis — Ratings platform to assess corporate social responsibility and sustainable procurement. Solutions include risk monitoring, audit management and sustainability ratings.
  • Brevo — Brevo is a developer of a cloud-based digital marketing platform used to meet the demand of businesses to engage with customers. Its platform encompasses the entire chain, from the creation of a newsletter to analysis and reporting tools to targeting modules that enable businesses, eCommerce sellers, and agencies to build customer relationshipsthrough digital marketing campaigns, transactional messaging, and marketing automation.Unlike other marketing solutions built for enterprise-level budgets and expertise, Sendinblue tailors its all-in-one suite to suit the marketing needs of growing SMBs in tough markets.The company was founded in 2012 and is headquartered in Paris, France.
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Division Q
VC Fund · Monster, Zuid-Holland, The Netherlands · 1 investments in Denmark Sustainability startups

Division Q ontwikkeld samen met haar partners technische innovaties om de glastuinbouwsector te verduurzamen.

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Investment focus

  • Industry: Fuel, AgTech, CleanTech
  • Stage:Seed
  • Geography: Denmark

Investor stats

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

Portfolio highlights

  • NitroVolt — NitroVolt: the next generational step of sustainable ammonia.
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Denmark Sustainability startups

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

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Investment focus

  • Industry: Software, Food and Beverage, Artificial Intelligence
  • Stage:Seed, Series A
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 108
  • Round size: Seed $700k–$14M; Series A $4.2M–$56M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: Likely still investing — raised $340M in 2024

Portfolio highlights

  • Biorce — Meet the world's first AI clinical trials assistant! We bring innovative technologies to revolutionize healthcare and drug development faster & more efficiently
  • Verse — Define & achieve your financial and emissions reduction goals with Aria, a software platform that helps companies buy and manage clean power.
  • Endra — Endra is a purpose-built platform for modern MEP engineering. Generate 3D models and drawings, sync with Revit and enjoy coordinated design workflows.
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Engine Ventures
VC Fund · Cambridge, Massachusetts, United States · 1 investments in Denmark Sustainability startups, 12 in the past 12 months

We invest in Tough Tech founders.

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Investment focus

  • Industry: Biotechnology, Manufacturing, Medical
  • Stage:Seed, Series A
  • Geography: United States, Denmark

Investor stats

  • Total investments: 38
  • Round size: Seed $5M–$8.5M; Series A $20M–$60M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Sora Fuel — Sora Fuel makes affordable, scalable, carbon-negative jet fuel by capturing carbon from the air.
  • Blue Energy — Blue Energy is a nuclear power plant company that provides reliable, clean, and abundant electricity.
  • Terrestrial Bio — Vaxess engineers novel technologies that uniquely engage the human immune system, enabling improved efficacy and simplified access for vaccines and therapeutics.
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Sustainability VC funding in Denmark at a glance

Stats across 243 deals from 218 investors.

218
investors
in Denmark Sustainability startups
243
deals
in Denmark Sustainability startups
$3.2M
median round
in Denmark Sustainability startups
56%
lead investors
lead at least one round
20%
Seed
most common funding stage

Access all 218 VC funds in Denmark Sustainability startups.

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