Scale Capital

Scale Capital is a venture capital firm based in Copenhagen, Denmark, with additional offices in New York and San Francisco. Established in 2012, it specializes in early-stage investments, focusing on Seed A and Series A rounds. The firm primarily targets startups in the Nordic region, although it occasionally invests outside this area. Scale Capital concentrates on technology ventures, particularly in enterprise software, artificial intelligence, analytics, B2B technology, digitization, and disruptive technologies. The firm typically invests between $500,000 and $1.5 million in its portfolio companies, aiming to support businesses with the potential to enter the US market.

Kenneth Grunow

Co-Founder & General Partner

Joachim Schelde

Investment Analyst

11 past transactions

Quantica

Series A in 2023
Quantica is a manufacturing company specializing in voxel-level 3D printing technology. It produces multi-material, multi-color, and multi-functional parts and products using advanced printers designed to create complex prints from high-viscosity and functional materials. The company employs a unique printhead technology that integrates cleaning processes and combines various materials, allowing for prints with diverse functional, mechanical, and aesthetic properties. This innovation enables applications across multiple industries, including healthcare and architecture, thereby broadening access to sophisticated 3D printing capabilities.

Globus.ai

Seed Round in 2022
Globus.ai is a privately held company that specializes in artificial intelligence, machine learning including reinforcement learning. The company's platform makes data available by extraction from a variety of on-premise sources and integration with the cloud infrastructure and predicts the future through state-of-the-art machine learning and simulation, enabling businesses to increase innovation speed, simplify sustainable decision making and reduce data science implementation cost.

Alex

Funding Round in 2022
Alex Health AB, based in Stockholm, is an innovative digital therapeutics company focused on using artificial intelligence and psychological principles to promote behavioral change. Founded in 2017, Alex is developing a second-generation behavioral change application aimed at assisting one billion individuals in overcoming detrimental habits and enhancing their mental health. The company leverages its proprietary AI platform to create CE-marked software medical devices classified as Class I apps, which serve various therapeutic areas. Alex has recently secured funding from the King founders through their Sweet Studio fund, furthering its mission to transform the support clinicians provide to patients seeking to improve their health outcomes. The company operates from Norrsken House and Sweet Studio, both located in central Stockholm.

Meo

Venture Round in 2020
NewBanking ApS owns and operates an user identity platform. It provides a platform that allows end-users to verify their identity easily and securely across businesses while having control and ownership of their own data and identity online. The company was founded in 2015 and is based in Copenhagen, Denmark.

Donkey Republic

Convertible Note in 2017
Donkey Republic is an online platform that specializes in bike-sharing and bike rental services across Europe. Operating in more than ten key cities, the company collaborates with local partners to provide custom-branded bikes. Its unique hub-centric service model emphasizes respect for public spaces while enhancing the predictability of bike availability and convenience for users. Donkey Republic is committed to service innovation, leveraging proprietary software that includes distinctive features tailored to improve the overall user experience.

Cylindo

Seed Round in 2015
Cylindo ApS develops visualization software for furniture retailers and manufacturers around the world. It offers 360 HD Furniture Viewer, an online visualization software for retailers and manufacturers; Furniture Builder, which enables users to build any product in 3D and visualize complex and modular systems; and Room Planner for experiencing multiple products together and in context. The company was founded in 2009 and is based in Copenhagen, Denmark with additional offices in Macedonia, Europe and Boston, Massachusetts.

Airtame

Seed Round in 2015
AIRTAME ApS develops a wireless HDMI dongle to display computer screen on TVs, projectors, and monitors. Its wireless HDMI dongle enables users to send slides, documents, pictures, and videos to TVs, projectors, and monitors; and controls the experience from computers, smartphones, or tablet devices. The company enables customers to order its product online. AIRTAME ApS was incorporated in 2013 and is based in Copenhagen, Denmark.

Unsilo

Seed Round in 2013
UNSILO A/S operates an artificial intelligence (AI) based tools for academic publishers and researchers for text analysis. Its platform provides text analytics, linguistics, and data science services and identifies query related documents and provides search results. Its products include UNSILO Evaluate scales expert and publisher capacity for manuscript preparation, screening, and publication; UNSILO Classify supports publishers in packaging and selling their existing content in new ways; and UNSILO Recommend for publishers supports discovery of existing and new research and increases page views on your website. UNSILO A/S was incorporated in 2012 and is based in Aarhus, Denmark. As of January 28, 2020, UNSILO A/S operates as a subsidiary of Cactus Communications, Inc.