# Top 50 Startup Investors in Denmark in May 2026

## Vaekstfonden
- Type: VC Fund
- Location: Hellerup, Hovedstaden, Denmark
- Relevant deals: 115
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

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.

## Seed Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 102
- 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.

## PreSeed Ventures
- Type: VC Fund
- Location: Lyngby, Hovedstaden, Denmark
- Relevant deals: 98
- 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.

## Novo Holdings
- Type: VC Fund
- Location: Hellerup, Hovedstaden, Denmark
- Relevant deals: 26
- Stages: Series A, Series B, Series C
- Focus: Biotechnology, Health Care, Medical

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

## BioInnovation Institute
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 26
- Stages: Convertible Note, Debt Financing, Pre-Seed
- Focus: Biotechnology, Medical, Health Care

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.

## byFounders
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 22
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Mobile Apps

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.

## VF Venture
- Type: VC Fund
- Relevant deals: 19
- Stages: Seed, Series A
- Focus: Software, Biotechnology, SaaS

Vaekstfonden makes equity investments in Danish companies with a track record as well as in young entrepreneurial, innovative enterprises with an ambition for global growth.

## Heartcore Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 19
- 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.

## People Ventures
- Type: VC Fund
- Location: Taastrup, Hovedstaden, Denmark
- Relevant deals: 18
- 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.

## Dreamcraft Ventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 16
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, eSports, Health Care

Seed-to-A engineers.
We invest in techdriven companies in the Nordics and Europe.

## Innovation Fund Denmark
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 16
- Stages: Grant, Pre-Seed, Seed
- Focus: Software, SaaS, Information Technology

Innovation Fund Denmark invests in the development of new knowledge and technology creating growth and employment in Denmark. The Fund focuses on societal challenges, strengthens research, and increases innovation commitment within private companies.The Fund provides risk capital that enables cutting-edge initiatives to achieve resultssubstantially impacting the Danish society. Innovation Fund Denmark is also responsible for the future societal partnerships, where companies, universities, and public authorities will work together on challenges facing the society today.

## CAPNOVA
- Type: VC Fund
- Location: Aarhus, Midtjylland, Denmark
- Relevant deals: 14
- 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.

## North-East Venture
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 11
- 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.

## Sunstone Life Science Ventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 11
- Stages: Series B, Series A
- Focus: Biotechnology, Health Care, Medical

Sunstone Life Science Ventures is an independent European venture capital investment firm. We enable and empower life science therapeutics innovations.

## David Helgason
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 11
- Stages: Seed, Pre-Seed
- Focus: Software, Gaming, Information Technology

David is a technologist, the founder of Unity Technologies, non-exec director to others, and a restless entrepreneur with a passion for creating feedback loops between innovation and teams and products, applying new and old business models to changing industries, and pushing people to do the very best they can do.David's background is inprogramming, an assortment of university dabbling, creating companies, and helping entrepreneurs. He served as CEO of Unity Technologies since co-founding it in 2003 and until October 2014, with an unflinching vision to democratize game development, and to develop technology and business models for the next phase of the games industry. David Helgason attended the University of Copenhagen.

## Headline
- Type: VC Fund
- Location: San Francisco, California, United States
- Relevant deals: 10
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Information Technology

Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.

## Seedcamp
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 10
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, FinTech, SaaS

Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent.

## Klaus Nyengaard
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 10
- 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.

## The Nordic Web Ventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 10
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Information Technology

The Nordic Web Ventures is an Angel Fund run by Neil S W Murray, backed by 50+ community builders, entrepreneurs and investors passionate about supporting early-stage Nordic startups.

## Creandum
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 9
- 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.

## Jesper Buch
- Type: Angel
- Location: Marbella, Andalucia, Spain
- Relevant deals: 9
- Stages: Angel, Seed, Pre-Seed
- Focus: Mobile Apps, Internet, Software

Jesper book is the Seed Investor at DIBB Design.

## Christian Jantzen
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 9
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, SaaS, Information Technology

Danish angel investor, based in London.

## Sune Alstrup
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 9
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Artificial Intelligence, Computer Vision

Tech Investor and Entrepreneur, former Founder & CEO at The Eye Tribe

## Peter Sandberg
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 8
- 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.

## Nordic Eye Venture Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 8
- 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.

## Nordic Makers
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 8
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Education, Information Technology

We know how much grit and luck it takes to build big companies. That’s why we invest our time and our children’s money in crazy, ambitious founders.Founded by a group of serial entrepreneurs that have built, scaled and exited some of the largest technology companies of the Nordics, Nordic Makers is a seed stage hands-on investor, workingactively with companies to take them to the next level.

## Kasper Grundtvig Knokgaard
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 8
- 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.

## Morph Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 8
- Stages: Pre-Seed, Seed
- Focus: Artificial Intelligence, Software, Financial Services

Co-creating and investing in companies whose founders we believe in, to help them reach the next level faster.

## West Hill Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Information Technology, Software, Health Care

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

## The Footprint Firm
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 7
- Stages: Pre-Seed, Seed
- Focus: Software, Renewable Energy, Finance

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

## Tommy Ahlers
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 6
- Stages: Seed, Angel
- Focus: Analytics, Social Media, SaaS

Tommy Ahlers is a Danish serial entrepreneur and CEO of the Danish software startup, Podio, which Tommy joined Podio as CEO and angel investor in August 2010. Podio connects work processes and interactions in an online environment, Prior to joining Podio, Tommy Ahlers founded the networking and mobile backup site ZYB in 2005 and sold it toVodafone Europe BV for nearly $50m in May 2008. Ahlers holds a masters degree in law from the University of Copenhagen, graduating in 2000 and was previously with McKinsey & Company for more than four years, where he served as an engagement manager.Ahlers is a regular on the technology startup conference circuit, speaking at the likes of Mobile 2.0 Europe, DLD, the European Directory Marketplace Conference and TheNextWeb.

## Crowberry Capital
- Type: VC Fund
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 6
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Gaming, Information Technology

Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.

## Danske Bank
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 6
- Stages: Post-IPO Debt, Debt Financing
- Focus: Biotechnology, Apps, Payments

Danske Bank is a Nordic universal bank offering a full range of banking services. It was founded 5 October 1871 as Den Danske Landmandsbank, Hypothek- og Vexelbank i Kjøbenhavn (The Danish Farmers' Bank, Mortgage and Exchange Bank of Copenhagen). It is headquartered in Copenhagen, Denmark and is one of the major retail banks in the northernEuropean region with over 5 million retail customers.Danske Bank was number 454 on the Fortune Global 500 list for 2011.

## HOWZAT Partners
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Travel, E-Commerce, SaaS

Howzat Partners is a venture capital firm specializing in incubation, seed, start up, growth capital, early stage, and mid venture investments. The firm seeks to invest in digital businesses with a focus on internet, digital media, e-commerce companies. It invests globally. It acts as as sounding board. The firm also makes co-investments. HowzatPartners was founded in 2006 and is based in Luxembourg and London.

## Inventure
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Software, Information Technology, Health Care

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

## Thomas Visti
- Type: Angel
- Relevant deals: 6
- Stages: Angel, Grant
- Focus: Robotics, Software, Manufacturing

Thomas Visti - CEO @ Mobile Industrial Robots

## Nordic Alpha Partners
- Type: VC Fund
- Location: Hellerup, Hovedstaden, Denmark
- Relevant deals: 6
- Stages: Seed, Series A
- Focus: Energy, Energy Storage, Renewable Energy

Nordic Alpha Partners (NAP) is a growth fund founded in 2017. NAP target companies are typically locally or regionally established players with a revenue of DKK 10-150 mio. and with a global potential that can be fulfilled through new sustainable technologies such as energy storage and 3D print. The company is based in Hellerup, Denmark.We arelooking for:
• SME’s based in Northern Europe with 10-150 MDKK in turnover
• A proposition that either “enables” or “leverages” industrial, green or digital transformation.
• Ambitious teams, looking for capital and/or skills to fuel their growth journeyWe offer truly intelligent capital and partnership via:
• Our “hands on” fund management philosophy
• A vast “value creation framework” supporting rapid business acceleration
• Access to leaders and specialists within global Industry transformation
• A fund management team with extensive operational experience across startups, international business scaling, the industry/technology sector and corporate business

## Kickass Capital
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 5
- Stages: Seed
- Focus: Sports, Content, Cooking

Kickass Capital invests in extraordinary entrepreneurs with unique technologies that will define the next era of innovation.
They go in at POC stage, with ca$h ($200k-2M), support and our extensive network.

## Preben Damgaard
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: SaaS, Software, Food and Beverage

Preben Damgaard - Director @ Axcess A/S

## Nordic Foodtech VC
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Biotechnology, Seafood, Life Science

We are investing in #FutureFood. Nordic FoodTech VC is the first fund in the Nordics investing explicitly in the future of food

## Cherry Ventures
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Information Technology

Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of theirbusinesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.

## Alexander Aghassipour
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 5
- Stages: Seed, Series A
- Focus: Software, Information Technology, SaaS

Founder at Zendesk.

## Wellington Partners
- Type: VC Fund
- Location: Munich, Bayern, Germany
- Relevant deals: 5
- Stages: Series A, Series B
- Focus: Health Care, Biotechnology, Medical

Wellington Partners is a venture capital firm that invests in technology and life sciences companies, focusing on Digital Media, Software, Electronics & Photonics, Resource Efficiency, and Biotech/Life Sciences. It is committed to providing outstanding entrepreneurs with the necessary resources to fund their strategies. We typically leadfinancing rounds ranging from € 0.5 million to € 20 million. Depending on the maturity of the company, its own commitment can go as high as € 15 million.Wellington was established in 1998 and has offices in Munich, London, and Zurich.

## Hampus Jakobsson
- Type: Angel
- Location: Malmö, Skane Lan, Sweden
- Relevant deals: 5
- Stages: Seed, Angel, Series A
- Focus: Health Care, Software, Artificial Intelligence

Hampus Jakobsson is a General Partner at early stage climate tech venture fund Pale Blue Dot.Prior to co-founding Pale Blue Dot, Hampus was a Venture Partner at science fund Blue Yard and a prolific angel investor with >100 angel investments. He co-founded of The Astonishing Tribe (acquired by Blackberry in 2010 for $150m). He left Blackberry2012 to found Brisk.io a sales productivity tool which folded 2016.

## Chris Murphy
- Type: Angel
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 5
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

Chris Murphy is a Venture Partner at MS&AD Ventures. He previously worked at SaaStock and attended Dublin City University.

## The Aventures
- Type: VC Fund
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 5
- Stages: Seed, Series B, Private Equity
- Focus: Financial Services, FinTech, Cryptocurrency

The team comes from heavy tech oriented background such as Cloud Infrastructure, Data Science, Theoretical Physics, Machine Learning, Software Development and Business development. We like to brand ourselves as "the nerds" in the tech space. We speak the same technical language as the founders and like to be an active part in the venturewe enter, depending on the needs of the founders. Our thesis is that we are building bridge spanning over the knowledge gap between deeptech founders and traditional investors.

## Nupark Accelerace
- Type: VC Fund
- Location: Holstebro, Midtjylland, Denmark
- Relevant deals: 5
- Stages: Seed
- Focus: Solar, Wind Energy, Enterprise Software

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

## SEB Venture Capital
- Type: VC Fund
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 5
- 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.

## Esben Gadsbøll
- Type: Angel
- Location: Copenhagen, Hovedstaden, Denmark
- Relevant deals: 4
- Stages: Angel
- Focus: Software, E-Commerce, Mobile Apps

Esben Gadsbøll - Founder @ Woolspire

## Northzone
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 4
- Stages: Series A, Series B, Seed
- Focus: Software, E-Commerce, Information Technology

Northzone is a venture capital fund with a perspective shaped by lives as entrepreneurs. Since 1996, they've made over 175 investments and invest from Seed to Growth. They've partnered with the founders of Spotify, Avito, iZettle, Klarna, Hopin, and hundreds of others to build category-defining businesses. They've raised €1bn inSeptember 2022.

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