# Top 35 Enterprise Software Startup Investors in Denmark in May 2026

## Seed Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 10
- Stages: Seed, Series A
- Focus: Software, Health Care, SaaS

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

## Vaekstfonden
- Type: VC Fund
- Location: Hellerup, Hovedstaden, Denmark
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Information Technology

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.

## PreSeed Ventures
- Type: VC Fund
- Location: Lyngby, Hovedstaden, Denmark
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

PreSeed Ventures is the biggest and most succesful early stage investor in Denmark. For more than 20 years, PreSeed Ventures have assisted and financed talented entrepreneurs with early-stage investments, and we hold more than 70 companies in our portfolio.

## Heartcore Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 2
- Stages: Series A, Seed, Series B
- Focus: Software, E-Commerce, Artificial Intelligence

Heartcore Capital is an early-stage venture capital firm devoted to backing founders building category-defining consumer internet brands.Founded as Sunstone Capital in 2007, Heartcore has raised over $500 million in committed capital across four fund generations. The firm has offices in Copenhagen, Berlin, and Paris but invests across Europe andoccasionally in the United States. Heartcore has backed more than 70 exceptional founding teams.

## Preben Damgaard
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: SaaS, Software, Food and Beverage

Preben Damgaard - Director @ Axcess A/S

## SEB Venture Capital
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 2
- Stages: Series A, Series B
- Focus: Software, Information Technology, Financial Services

SEB Venture Capital is a Fintech investor that helps entrepreneurs and innovators launch and grow profitable businesses. They primarily serve as a strategic corporate venture focused on Fintech investments, with the option of partnering with SEB. They are also on the hunt for game-changing inventive solutions to new technologies that will make thefinancial industry smarter, safer, and more environmentally responsible, as well as more user-friendly. They also function as an evergreen fund, giving them the flexibility and staying strength to focus on long-term wealth development depending on what is best for the firm and its shareholders.

## Kasper Grundtvig Knokgaard
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Angel
- Focus: Fashion, E-Commerce, Education

Kasper Knokgaard joined EQT Partners in August 2007 and has since worked in the Copenhagen, New York and Munich offices.Prior to joining EQT Partners, Mr Knokgaard worked with McKinsey & Co., latest as Engagement Manager, in the Copenhagen office. Mr Knokgaard mainly focused on private equity and corporate finance related projects.MrKnokgaard holds a B.Sc. and a M.Sc. in Business Administration and Management Science from Copenhagen Business School. During his study he also spent one semester at IIMA in India and participated in a 2 month entrepreneurial program in Silicon Valley, California.

## Jesper Buch
- Type: Angel
- Location: Marbella, Andalucia, Spain
- Relevant deals: 1
- Stages: Angel, Seed, Pre-Seed
- Focus: Mobile Apps, Internet, Software

Jesper book is the Seed Investor at DIBB Design.

## CapMan
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Private Equity, Series B
- Focus: Software, Information Technology, Manufacturing

CapMan is a leading Nordic private assets management and investment company. They have built value in unlisted businesses, real estate and infrastructure for 30 years. They serve investors in the private assets class on a broad scale. Their roots are Nordic but their handprint and their networks are international.At CapMan, they build betterorganised, managed, and financially stable companies, because this contributes to overall economic well-being. More jobs and innovations equal better conditions for the society. Similarly, they invest in real estate and infrastructure, because they believe that functional high-quality environments and utilities are cornerstones for functioning societies.

## Lars Seier Christensen
- Type: Angel
- Location: Jonschwil, Ausser-Rhoden, Switzerland
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Software, Financial Services, Communities

Lars seier Christensen is the chief executive officer of Saxo Bank, an online trading and investment specialist that enables clients to trade forex, CFDs, stocks, futures, options, and other derivatives.

## River Venture Partners
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Internet, Software, SaaS

River Venture Partners is an angel syndicate that focuses on supporting early-stage entrepreneurs in digital media, marketing, e-commerce, entreprise and education technology.

## CAPNOVA
- Type: VC Fund
- Location: Aarhus, Midtjylland, Denmark
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, Internet

They are an investment and development company providing capital, solid business experience and a strong network in order to turn innovative ideas into successful businesses. They cover all of Denmark from their offices in Aarhus, Roskilde, Copenhagen, Viborg and Kalundborg.

## Herman Kienhuis
- Type: Angel
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Information Technology, Internet

Founder and managing partner of River Venture Partners angel syndicate. Venture partner at VC firm Newio. Tech investor focused on early-stage investments in B2B software companies in Northern Europe. Supporting investors and entrepreneurs in building digital businesses that change people's lives. Former chemical engineer, strategist, digitalproduct development executive, founder of SanomaVentures and Managing Director of KPN Ventures.

## Global PayTech Ventures
- Type: VC Fund
- Location: Miami, Florida, United States
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Financial Services, FinTech, Payments

Global PayTech Ventures is a venture capital firm that focuses on payment technology. The firm invests in ground-breaking PayTech solutions with massive market opportunities. It also focuses on early-stage PayTech companies and will invest in seed, Series A, and Series B rounds.The firm was founded by Javier Perez and his sons Daniel Perez andKristofer Perez and is headquartered in Miami, Florida.

## Thomas Madsen-Mygdal
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Angel, Seed, Pre-Seed
- Focus: Computer, Collaboration, Software

Thomas Madsen-Mygdal is a Danish designer, entrepreneur and activist behind companies like Mondo, 23, Podio and the reboot festival.

## Klaus Nyengaard
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: E-Commerce, Marketplace, Apps

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

## Project A Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, E-Commerce, Information Technology

Project A is an early-stage venture capital firm, combining financial and operational support for technology companies. In addition to $600 M in assets under management, Project A provides its portfolio companies with a wide range of operational support services. This includes more than 100 experts from key areas such as software engineering,business intelligence, marketing, and recruiting. The portfolio includes companies such as Trade Republic, sennder, KRY, Catawiki, WorldRemit, Spryker, and Voi.

## RECAPEX
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 1
- Stages: Seed, Series A, Series C
- Focus: Enterprise Software, Software, Apps

RECAPEX is a partner to owners and management of companies wanting to realise opportunities created by technology and digital change.

## Matthew Ryan
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Personalization, Video on Demand, Video Advertising

Matthew Ryan

## Thorleif Krarup
- Type: Angel
- Relevant deals: 1
- Stages: Series A
- Focus: Financial Services, Mobile, FinTech

Thorleif Krarup - Chairman @ LENEO

## Creandum
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, Information Technology, Mobile

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

## Steen Ulf Jensen
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Legal, Internet, Textiles

Steen Ulf Jensen Investor, Chairman of the Board at PentaLock

## Keepit Group
- Type: VC Fund
- Relevant deals: 1
- Stages: Debt Financing
- Focus: Apps, SaaS, Internet

Financial Holding

## Northcap
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Software, Enterprise Software, B2B

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

## Peter Sandberg
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Angel, Pre-Seed, Secondary Market
- Focus: Internet, Artificial Intelligence, FinTech

Peter Sandberg is a co-founder of Nordic Secondary Fund, and a venture partner at Startup Wise Guys.
He has extensive experience as a Business Angel and in asset management.

## Target Partners
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, Enterprise Software, SaaS

Target Partners is a German venture capital firm that invests in early-stage technology companies.
With 300 million Euro under management, Target Partners is one of the leading venture capital investors in Germany.The partners of Target Partners have years of collective experience as successful managers, entrepreneurs and venture capitalinvestors in Europe and the USA. They founded or led companies their selves, developed or sold technology products their selves. They have seen numerous companies through to IPO and beyond. They understand the challenges an entrepreneur faces and that the road to success often isn't simple and straight.Both in Europe and the USA Target Partners has a large network in industry and venture capital. They open doors for you to customers, business partners, experienced managers and financial markets. They support you in business development, in international expansion, in closing OEM or distribution contracts, and in acquisition decisions. In addition, several dozen European and US entrepreneurs and top managers, as well as a number of US venture capitalists, have personally invested in their funds and thus have a particularly strong interest in your company's success.

## Nupark Accelerace
- Type: VC Fund
- Location: Holstebro, Midtjylland, Denmark
- Relevant deals: 1
- Stages: Seed
- Focus: Solar, Wind Energy, Enterprise Software

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

## Nordic Eye Venture Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: E-Commerce, Software, SaaS

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

## Cullen International
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Focus: SaaS, Software, Social Media

We help you stay informed on regulatory developments in the communications sector with clear, impartial and insightful intelligence services.

## One Peak Partners
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series B, Series C, Private Equity
- Focus: Software, SaaS, Enterprise Software

Partnering with exceptional founders building the future.

## People Ventures
- Type: VC Fund
- Location: Taastrup, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Health Care, Internet of Things, Software

People Ventures are your dreamcast team of co-founders, investors, executives, engineers, academics and industry experts.
Together with talented entrepreneurs — We shape fantastic businesses through operational and commercial execution.

## North-East Venture
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Software, Fashion

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

## henQ
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Information Technology

We back the best European founders with €500k-€5m tickets. We like boring or ‘too small’ markets, atypical business models, or any early-stage business that is simply a little different in one way or another.

## SBI Group
- Type: VC Fund
- Location: Tokyo, Tokyo, Japan
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Financial Services, FinTech, Software

SBI Group aims to become a corporate entity that provides a variety of one-stop financial services over the Internet now that two major events, the Financial Big Bang resulting from deregulation, and the Internet Revolution resulting from IT innovation, have radically transformed the financial industry.

## Vidici Ventures
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Financial Services, FinTech, Software

Vidici Ventures (Vidici Fund I, Vidici Fund II & “Vidici”) is a Nordic FinTech investor, founded in 2012 by entrepreneurs who saw the opportunity to develop a FinTech-focused venture capital fund in the Nordic Region.Vidici works together with entrepreneurs and management teams to create winning partnerships that drive the long-termdevelopment of high potential FinTech companies.The expertise and lessons learnt in scaling high-growth fintech companies over Vidici’s history is essential to a large and growing number of ambitious, fast-growing and emerging FinTech companies today.

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