Polar Light Capital

Polar Light Capital is a private investment firm established in 2014 and based in Linz, Austria. The company focuses on investing in technology and MedTech sectors across Europe and beyond. It supports the development of innovative companies and serves as a reliable long-term partner. Polar Light Capital employs a proven investment strategy that spans all stages of a company’s life cycle, from seeding new innovations through startup and growth phases to investing in established market leaders.

Heimo W. Hirn

CEO and Board Member

Frank Thorsted Lausen

Co-Founding Partner and Board Member

5 past transactions

November First

Venture Round in 2016
November First A/S is a digital payment platform based in Copenhagen, Denmark, specializing in cross-border payment and money transfer services. Incorporated in 2008, the company is licensed as a payment institution by the Danish Financial Supervisory Authority. November First enables companies in Denmark to achieve significant cost savings on currency margins and transaction fees, with reductions of 20-50% compared to traditional banks. The platform enhances transparency by allowing multiple banks to bid on payments in real time, providing clients with competitive exchange rates and fees. Recognizing the need for financial digitalization, November First has developed a robust API and formed partnerships with leading ERP and salary systems in the Nordics. The company aims to expand its services to other European markets through new collaborations and portals, thereby enhancing its offerings for small and medium-sized businesses engaged in international transactions.

GoMore

Seed Round in 2015
European sharing economy service in the personal transportation sector. GoMore offers carpooling, peer-to-peer car rental, and private car leasing with a lease-and-rent-out model. 800,000+ users across Spain, Denmark, Norway, and Sweden.

Listen To News

Funding Round in 2015
Listen To News ApS operates an online platform that allows users to listen to short podcasts featuring news and debate programs. The platform offers content from various categories, enabling users to create personalized playlists tailored to their interests. Founded in 2014, the company is headquartered in Copenhagen, Denmark.

Capital Aid

Seed Round in 2014
Capital Aid Ltd., located in Copenhagen, Denmark, operates as an online loan broker specializing in financing for small and medium-sized enterprises (SMEs). The company focuses on supporting the growth of online-based SMEs by offering strategic growth loans tailored to the specific performance of businesses. Its services include crowdfunding bridge loans, financing for software as a service (SAAS) purchases, and loans aimed at e-commerce expansion. Through these financial solutions, Capital Aid aims to facilitate the growth and development of small businesses in the digital space.

TIP insurance

Funding Round in 2014
TIP has developed the world’s first automated insurance platform where you can compare insurances from various companies and buy your tailor-made insurance on the same platform immediately.
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