Novo Holdings is a Danish holding and investment firm managing the assets of the Novo Nordisk Foundation. Established in 1999, it invests globally in life science companies at all stages of development, with a portfolio also including equities, bonds, real estate, and infrastructure.
Seed Capital is an investment firm that focuses on late seed-stage technology companies in Denmark with global potential. The firm typically invests between 1 to 3 million euros in funding rounds ranging from 1 to 6 million euros. Annually, Seed Capital aims to invest in 15 to 20 new companies, primarily from the Nordic region. With a strong network of angel investors and international venture capitalists, Seed Capital often collaborates with other investors to support its portfolio companies through various stages of growth. In addition to financial backing, the firm provides valuable assistance in areas such as management support, business development, strategic planning, and operational guidance. Seed Capital has a successful track record, having invested in notable companies like Trustpilot, Vivino, and Endomondo, contributing to their development into significant players in the tech industry.
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 can accompany you for the entire journey – from your company’s infancy through growth phases to expansion abroad and even to an initial public offering.
A European early-stage venture capital firm founded in 2007, Sunstone Life Science Ventures invests in novel pharmaceutical ingredients for human therapeutic use. With a focus on the life science sector, they manage multiple funds totaling over €570M, investing across Northern and Western Europe.
Heartcore Capital A/S is a venture capital firm specializing in investments in seed, series A and growth investments in startups, early venture and late venture. The firm seeks to invest in consumer technology B2C and B2B2C companies with a focus on direct-to-consumer brands, food, digital health, travel, finance, marketplaces, and consumer subscriptions. It invests all across Europe with a focus on the United Kingdom, and occasionally in the United States. The firm typically invests between €0.25 (USD0.28 million) and €5 million (USD5.67 million). Heartcore Capital A/S is based in Copenhagen, Denmark with additional offices in Berlin, Germany and Paris, France.
Founded in Copenhagen, Denmark in 2014, Dreamcraft Ventures is a venture capital firm investing in European tech-driven companies from pre-seed to series A. They focus on gaming, esports, B2B SaaS, and decarbonization sectors.
Scale Capital is a Danish venture capital firm founded in 2012 and based in Copenhagen, with offices in New York and the San Francisco Bay Area. It backs early-stage technology startups, with a Nordic focus on B2B software, artificial intelligence, analytics, digital health, and related tech sectors, and it also supports cross-border expansion to the United States. The firm typically participates in Seed to Series A rounds, providing investment checks in the €1-4 million range to help validate business models and accelerate growth. While primarily Nordic in origin, Scale Capital seeks to help portfolio companies scale internationally and win in the US, applying a technology-led, sector-focused approach to building resilient, scalable businesses.
Established in 2019, IDC Ventures is a global venture capital firm focusing on FinTech and marketplace startups. It invests in Series A to growth-stage companies across Europe, the US, and Latin America, with a primary focus on Brazil and Mexico.
Established in 2009, Lundbeckfonden Ventures is an evergreen life science venture fund wholly owned by the Lundbeck Foundation. It invests up to €50 million annually, operating independently and generating returns to support its activities.
byFounders is a venture capital firm founded in 2017 and based in Copenhagen, Denmark. It invests in early‑stage technology companies across the Nordic and Baltic regions, providing capital and practical support to founders seeking to build globally ambitious businesses. The organization is a collective of accomplished entrepreneurs who invest in and mentor the next generation of startups, operating on a founder‑centric ethos described as for founders, byFounders. Its focus includes information technology and related tech sectors, with a hands‑on approach that helps portfolio companies scale and navigate the regional ecosystem through active involvement in growth strategy and governance.
NorthCap Partners, established in 2007, is a private equity and venture capital firm based in Copenhagen, Denmark. It specializes in investing in technology companies across various stages of development, from seed to growth. The firm focuses on information technology and software, with a particular emphasis on cloud computing (SaaS), communications, mobile/mobility, online services, and e-commerce. NorthCap Partners prefers to invest in business-to-business (B2B) and business-to-business-to-consumer (B2B2C) fields, with a strong preference for companies based in the Nordic region, particularly Denmark. The firm typically invests between €1 million and €5 million, seeking companies with a turnover between DKK5 million and DKK50 million. It aims to provide strategic support to its portfolio companies, often taking a board seat, and frequently co-invests with local and international VCs. NorthCap Partners focuses on United States pricing for exits.
Vækstfonden, also known as the Danish Growth Fund, is a venture capital firm established in 1992 and headquartered in Hellerup, Denmark, with additional offices in Vojens and Jutland. It focuses on enhancing access to risk capital for Danish businesses across various sectors, from seed stage to growth and expansion phases. The firm specializes in both direct investments and fund of funds investments, targeting small and medium enterprises, particularly in the life sciences and technology sectors. Vækstfonden operates through five investment groups: Life Science Ventures, Growth Capital, Fund of Funds, Technology Ventures, and Need-Driven Ventures. It typically invests between DKK 5 million and DKK 25 million, acquiring up to a 25% equity stake in its portfolio companies. Additionally, Vækstfonden collaborates with banks, private investors, and Danish financial institutions to provide loans, guarantees, and co-investment opportunities, supporting companies throughout their entire growth journey, including international expansion and potential public offerings.
Established in 2020, the European Innovation Council supports innovative startups and researchers with promising ideas, focusing on early-stage companies with positive environmental, social, or governance impacts. It co-invests alongside private investors.
Futuristic.vc is a venture capital firm based in Copenhagen, Denmark, with an additional office in Aarhus C. Founded in 2017, the firm focuses on pre-seed, seed, and early-stage investments, primarily targeting the Nordic region. Futuristic.vc is sector agnostic but shows particular interest in SaaS, B2B, and B2C sectors. The firm typically provides initial financing of up to EUR 100,000, aiming to support ambitious entrepreneurs with innovative ideas. With a founders-first approach, Futuristic.vc seeks to empower bold Nordic entrepreneurs in their quest to build impactful businesses.
Founded in 1995, SOSV is a global venture capital firm headquartered in New Jersey. It focuses on seed-to-growth stage investments in deep tech innovations, primarily in bio-tech/life sciences and hardware/robotics sectors, with a commitment to human and planetary health.
Morph Capital is a venture capital firm founded in 2018 and based in Copenhagen, Denmark. It invests in early-stage startups across sectors including B2B, financial services, information technology, ad tech, fintech, health technology, legal technology, SaaS, blockchain, advanced manufacturing, infrastructure, e-commerce, ride-sharing, and virtual reality. The firm supports its portfolio companies by assisting with infrastructure setup, growth planning, strategy development, talent hiring, legal work, and fundraising preparation.
PreSeed Ventures is a venture capital firm headquartered in Kongens Lyngby, Denmark. Established in 2000, the firm focuses on early-stage investments in life science, information technology, advanced manufacturing, and clean technology companies operating in Denmark and Sweden. It seeks to support startup growth through funding and strategic guidance, helping ambitious ventures move from concept to market in the Nordic region.
Founded in 2013, North-East Venture is a corporate venture capital firm based in Copenhagen, Denmark. It focuses on investing in innovative startups across various sectors including fintech, e-commerce, consumer lifestyle and sustainability, artificial intelligence, virtual reality, and augmented reality.
Underground Ventures, established in 2024 and based in Copenhagen, Denmark, is a venture capital firm focused on early-stage technology companies. It specializes in investing in geothermal energy technology startups, aiming to facilitate global geothermal deployments. The firm commits up to $40 million over a period of 3 to 5 years to support these innovative ventures.
North Ventures is a venture capital investment firm established in 2019 and headquartered in Copenhagen, Denmark. The firm focuses on investing in technology-driven startups, specifically targeting companies in their seed to Series A stages. With a preference for Danish growth companies, North Ventures aims to support innovative businesses that have the potential for significant impact and expansion in the technology sector.
Established in 2020 and headquartered in Copenhagen, Denmark, NOON Ventures is a venture capital firm focusing on early-stage investments. It specializes in backing transformative technologies with significant potential to address environmental or climate challenges. Unlike traditional investors, NOON limits its investments to few companies, aiming to be a true co-developer of businesses alongside entrepreneurs.
3B Ventures, founded in 2017 and based in Copenhagen, Denmark, operates as a traditional non-venture capital entity focused on fostering innovation. The company supports entrepreneurs who aim to create market-disrupting enterprises while addressing one or more of the Sustainable Development Goals established by the United Nations. By leveraging artificial intelligence and a data-driven approach, 3B Ventures identifies investment opportunities and selects startups based on extensive data points gathered from a global network of partners. The firm emphasizes a commitment to making a noticeable difference through its funding decisions, concentrating on technology companies primarily in the Nordic and Southeast Asian regions.
Founded in 2021, Climentum Capital is a venture capital firm based in Copenhagen, Denmark. It invests in European seed and series A climate tech companies, focusing on sustainable, low-carbon, and circular industries.
Established in 2021 and headquartered in Copenhagen, Denmark, The Aventures is a venture capital firm specializing in early-stage investments. They focus on deep-tech companies at the pre-seed and seed stages, bringing together expertise from backgrounds such as cloud infrastructure, data science, machine learning, software development, and business development.
Founded in 2020, 2150 is a venture capital firm headquartered in Copenhagen, Denmark. It invests in technology companies focused on shaping sustainable cities of the future.
Founded in 2013, Concentric is a venture capital firm based in London with additional offices in Copenhagen. It invests in early-stage European technology businesses, focusing on software-driven companies operating in sectors such as financial services, mobility, real estate, industrial, and logistics.
LundKenner Ventures is a Copenhagen-based venture capital investment firm that emphasizes the importance of entrepreneurship and visionary leadership in building successful companies. Rather than viewing financial investment as the sole measure of success, LundKenner prioritizes the potential of people, innovative ideas, and shared experiences as the most valuable assets for any business, regardless of its size. The firm's partners, driven by a deep entrepreneurial spirit, are dedicated to overcoming challenges faced by startups and are committed to fostering an environment where entrepreneurs can thrive. LundKenner Ventures aims to dismantle barriers globally to create opportunities that encourage personal and professional growth. The firm actively seeks to engage with emerging ideas that have the potential to disrupt markets and contribute to the evolution of industries.
Den Sociale Kapitalfond Management is a private equity and venture capital firm based in Copenhagen, with an additional office in Aarhus, Denmark. It manages social impact funds and social impact bonds and focuses on growth investments in small and medium-sized Danish companies that deliver social impact alongside financial performance. The firm also runs an accelerator program to support social entrepreneurs and aims to share knowledge while building an international network of organizations and experts in social venture capital and impact measurement.
Founded in 2011, KRING is a venture studio based in Copenhagen, Denmark. It partners with entrepreneurs to co-create solutions that positively impact society and the planet, focusing primarily on SDG3 (Good Health and Well-Being) and SDG7 (Affordable and Clean Energy). KRING prefers working with startups operating in B2B2C or B2C markets.
Crista Galli Ventures is a venture capital firm established in 2019, with offices in Copenhagen, Denmark, and London, United Kingdom. The firm focuses on investing in early-stage startups, particularly in the health technology, digital health, and deep technology sectors. Crista Galli Ventures provides patient capital to support companies at the pre-seed, seed, and Series A stages, typically investing up to £0.5 million at the seed level and up to £3 million at the Series A level. The firm prioritizes investments in pan-European companies, aiming to foster innovation and growth in the healthcare landscape.
Founded in 2019, The Footprint Firm is an advisory and investment company based in Copenhagen, Denmark. It focuses on sustainability, investing industry-agnostically across food, construction, materials, and technology sectors within the Nordic region.
LIFTT is a venture capital firm established in 2019 and located in Turin, Italy. The firm focuses on investing in technology companies, aiming to support innovative ventures that demonstrate potential for growth and impact. By targeting the technology sector, LIFTT seeks to foster the development of new ideas and solutions, contributing to the advancement of the industry while generating returns for its investors.
Founded in 1936, Kinnevik is an investment company focused on building digital consumer businesses globally. It partners with talented founders to create and invest in fast-growing companies, aiming to deliver both shareholder value and positive social impact.
PreSeed Ventures is a venture capital firm founded in 2000 and located in Kongens Lyngby, Denmark. It specializes in investing in early-stage companies, particularly in the life science, information technology, advanced manufacturing, and clean technology sectors within Denmark and Sweden. The firm operates at the pre-seed stage, providing essential support to founders as they transform their startup visions into successful businesses. With a strong foundation in the technological research environment at Denmark's Technical University, PreSeed Ventures leverages its extensive experience in nurturing promising startups while minimizing risks associated with early investments. In 2020, the firm launched its first commercial venture fund, continuing its mission of fostering innovation and growth among emerging companies.
Founded in Munich, Germany in 2004, MIG Capital is a leading venture capital firm focusing on European Deep Tech and Life Sciences investments from seed to late-stage. With over €1.2 billion committed by private investors across Germany and Austria, the firm manages 17 public venture capital funds regulated by BaFin.
Kurma Partners is a Paris-based investment firm founded in 2009 that concentrates on financing innovation in healthcare and biotechnology across Europe. It targets early-stage and development capital for companies in life sciences, biotechnology, digital health, and related fields, and emphasizes collaborations with research institutes and hospitals to advance therapies and medical technologies from concept to clinical development. The firm operates as a specialist investor in Europe, supporting ventures that bridge scientific discovery and patient impact through equity investments and strategic guidance.
FinTech Collective is a global venture capital firm founded in 2012 and based in New York, with offices in London. It concentrates on early-stage investments in financial services and related technology, including payments, banking, lending, wealth and asset management, capital markets, insurance, and decentralized finance. The firm backs entrepreneurs reimagining how money moves and how financial services are built and delivered across global markets. Its portfolio includes MoneyLion, NYDIG, Ocrolus, Quovo, and Vestwell, among other fintech and infrastructure companies, reflecting breadth across the sector. Backed by leading institutional investors, the firm targets seed to series B-stage opportunities and leverages deep sector experience to help startups scale.
Northzone is a venture capital firm founded in 1996 and based in London, with offices in New York, Oslo, and Stockholm. It invests in technology-enabled companies across healthcare, software, hardware, artificial intelligence, semiconductors, blockchain, and gaming, spanning early-stage and multi-stage opportunities. The firm emphasizes connections by helping portfolio companies access customers, partners, and talent on an international scale. Northzone has backed notable founders of Spotify, Avito, iZettle, Klarna, and Hopin, reflecting a history of building category-defining businesses. The firm maintains a Nordic and European footprint while operating globally, and has raised substantial capital, including over €1.5 billion in funds.
Seedcamp is a London-based venture capital firm and seed platform that backs early-stage startups across Europe and globally, with a focus on fintech, healthcare and technology. It identifies world-class founders addressing large, global markets and provides immediate access to smart capital, mentorship, and a lifelong, global community built on more than a decade of experience backing exceptional talent. Through its broad network of partners and mentors, Seedcamp helps portfolio companies scale, access strategic resources, and navigate early growth, with a geographic reach that spans North America, Asia, Europe and Africa.
Balderton Capital is a London-based venture capital firm that invests in European technology companies across early-stage and growth stages. It targets sectors including software, fintech, health technology, consumer and retail, internet, mobility, security, and related tech-enabled businesses. The firm supports portfolio companies throughout their lifecycle—from seed to exit—by providing strategic guidance, introductions to professional services, and access to a network of globally connected executives. It operates a founder-focused program with workshops and community events designed to help portfolio companies scale, hire, and navigate markets.
Insight Partners is a global software investor that partners with growth-stage technology and software companies. The firm focuses on growth-stage software, internet, and data services, with emphasis on fintech, cybersecurity, artificial intelligence and machine learning, DevOps, and healthcare. Based in New York City with offices in London, Tel Aviv, and Palo Alto, Insight Partners has backed more than 750 companies worldwide and has more than 55 portfolio companies that have achieved an IPO. As of 2022, the firm reports over $75 billion in assets under management. It seeks to fund and work closely with visionary executives, providing practical, hands-on software expertise to support growth from initial investment through to IPO.
Owl Ventures is a San Francisco-based venture capital firm that specializes in education technology and related sectors. Founded in 2014, it supports startups across the education spectrum—from early childhood to higher education and career mobility—through an active, hands-on approach that leverages deep domain expertise to help entrepreneurs scale and build category-leading companies. The firm has a portfolio of edtech and related enterprises and assets under management of over $600 million.
CIBC Innovation Banking is a division of CIBC that serves entrepreneurs and investors in the innovation economy. Backed by CIBC, it offers financial capital, a broad network of connections, and insightful service to help growth-oriented companies and their investors secure funding, form partnerships, and scale operations. The bank's team combines capital solutions with practical guidance and access to a wide ecosystem of industry partners to support startups and venture-backed businesses through key growth stages.
Balderton Capital is a venture capital firm based in London with an office in Berlin that backs European technology companies from seed to growth stages. The firm focuses on innovative enterprises in areas such as enterprise software and services, communications and security, semiconductors, e-commerce, consumer internet and software, mobile computing, consumer services, media and online media, fintech and financial services. It concentrates its investments in European companies, with a stronger emphasis on France, Spain and Portugal, while remaining opportunistic about opportunities outside Europe. Balderton typically engages in early and growth rounds, providing capital and ongoing support as portfolio companies mature, and commonly seeks a board seat and a minority stake. It avoids investments in life sciences and clean technology sectors.
Socii Capital is a venture capital firm based in San Francisco, California, with an additional office in London. Established in 2016, the firm focuses on investing in companies that are developing software-enabled digital infrastructure. Its investment portfolio encompasses a range of industries, including digital banking, automation, smart transportation, financial technology, insurance, security, and urban planning. Socii Capital partners with innovative and mission-driven entrepreneurs to support the creation of digital infrastructure that aims to drive significant behavioral changes in society.
Firestartr is a venture capital firm based in London that backs digital entrepreneurs across SaaS, cloud, infrastructure, digital media, fintech and e-commerce. It provides capital and hands-on support, drawing on the founders' entrepreneurial experience and a wide network of senior advisors to drive sustainable growth from seed stage to Series A and beyond.
Nordic FoodTech VC is a venture capital firm based in Helsinki, Finland, founded in 2018. It focuses on early-stage investments in Nordic food tech companies, supporting startups across the Nordic region, including Denmark, the Faroe Islands, Finland, Iceland, Norway, and Sweden. The firm targets innovative solutions in the food sector and aims to back companies that drive the future of food in the Nordic market.
Founded in 2022, Thia Ventures is a Singapore-based venture capital firm focusing on early-stage investments in the dynamic fields of food, biotech, and health sectors.