Seed Capital

SEED Capital specializes in identifying, financing and developing competent and ambitious teams that have founded innovative technology companies capable of becoming global winners. SEED Capital invests in 15-20 new companies annually from the Nordic region with a primary focus on Denmark. We have a long track record of syndicating investments with a strong network of key angels and renowned international VCs with whom we co-finance the successful companies all the way to exit. Beside investments, SEED Capital assists portfolio companies with value-generating activities such as management support, business development, organizational and strategic planning, marketing, and ad hoc operational, financial, and legal assistance. SEED Capital has already invested in, supported and helped building some of the greatest companies to come out of Denmark – companies like Endomondo, Trustpilot and Vivino.

Lars A. Andersen

General Partner

Ulla Brockenhuus-Schack

Managing Partner

Niels Vejrup Carlsen

General Partner

Peter Egehoved

General Partner

Jakob Fuglede Nielsen

CFO, Partner

Anne Cathrine Wilhjelm

Attorney, Partner

216 past transactions

Observe Medical

Venture Round in 2010
Observe Medical ASA develops and markets medical technology products for patients, healthcare professionals, and hospitals in Europe and the United States. The company offers Sippi, a digital urine measuring system that automatically delivers data to electronic patient journal systems. It also develops Sippcoat, a technology that hampers the formation of biofilms in urine collection and drainage systems. The company was founded in 2009 and is headquartered in Oslo, Norway.

Curasight A/S

Seed Round in 2017
Curasight A/S offers clinical development services for the diagnosis and treatment of cancer. The company exploits a novel Positron Emissions Tomography (PET) imaging platform that targets the urokinase-type plasminogen activator receptor (uPAR). It also develops uTRACE, a novel radiopharmaceutical platform for improved diagnose, risk stratification, and treatment monitoring for cancer. Additionally, the company offers cancer medicine with the use of the glucose analogue FDG for cancer diagnosis and staging. Curasight A/S was founded in 2013 and is based in Copenhagen, Denmark.

Trustpilot

Series A in 2011
Trustpilot is the world’s most powerful review platform - free and open to all. With more than 58 million reviews of over 270,000 domains, Trustpilot gives people a place to share and discover reviews of businesses, and we give every company the tools to turn consumer feedback into business results. Our mission is to bring people and businesses closer together to create ever-improving experiences for everyone. Trustpilot reviews are seen more than 3 billion times each month by consumers worldwide. With offices in Copenhagen, London, New York, Denver, Berlin, Melbourne and Vilnius, Trustpilot's 700 employees represent more than 40 different nationalities. For more information, visit https://www.trustpilot.com/

Bownty

Seed Round in 2012
Bownty is a website that collects all the deals in to a single website and sorts them into categories. It helps online consumers find great offline products and experiences by aggregating all the deals. Bownty operates in Denmark, the United Kingdom, Germany, France, and Spain. It was launched on March 5, 2011 in Copenhagen, Denmark.

Sportcaster

Venture Round in 2015
Sportcaster ApS develops camera mount and video technology to record football matches, analyze trainings, and share goals. It offers Sportcaster camera mounts that fits two GoPro cameras to record and stream matches; and Sportcaster video technology that automatically zooms and follows the action on the pitch and creates a full video production of the match. The company’s technology includes integrated video-editor that allows users mark a highlight of the match to share goals with friends; and review trainings and matches using the panoramic view that lets users to see all players’ movement on the pitch. In addition, its technology is also used know stats, track the player, activate sponsors, and spot new talents. Sportcaster ApS was incorporated in 2015 and is headquartered in Copenhagen, Denmark.

New Innovations

Seed Round in 2019
New Innovations Inc. designs and develops artificial intelligence based robot for cafes. Its product is also equipped with supply and demand forecast provision capability. The company is based in Tokyo, Japan.

Templafy

Venture Round in 2014
Templafy ApS offers template and document management solutions. It offers template and content accessibility, dynamic personalization solutions, document automation, brand and content validation solutions, template governance solution, and PowerPoint productivity services. The company also provides Templafy platform that connects and manages entire document ecosystem. It serves banking and finance, consulting, education, insurance, consumer, and legal industries. The company was incorporated in 2013 and is based in Copenhagen, Denmark with additional locations in the United States; Germany; the Netherlands; the United Kingdom; Singapore; Hong Kong; Australia; New Zealand; and Spain.

Mofibo

Seed Round in 2013
Mofibo started in Copenhagen (2013) as one of the world’s first book subscription services. We are currently in three countries and will be expanding into more countries within the next 12 months. Our overall goal is to transform the way millions of people interact with books, through using a data-driven and customer centric approach to fundamentally change the reading experience crosses multiple countries.

Peakout

Venture Round in 2017
Peakout is a mabile startup providing a marketplace for fitness services. Its mobile application connects people interested in testing out various sports with local providers. The company already works with 50 providers and intends to get to 200 partners. Peakout makes it possible to choose between all training facilities, times and locations in Denmark, directly from smartphone. By providing the ability to book sport activities directly from the smartphone, the customer is in control of their sport habits. Peakout is about moving limits and having the possibility to expand one’s horizon by trying new sport activities and being able to diversify their training. The company was founded in 2016 and is based in Aarhus, Denmark.

Nordic Power Convertors

Seed Round in 2015
Nordic Power Converters has developed a power converter that is five times smaller and lighter and has 2-5 times longer lifetime than current power converters. This technology breakthrough is known as Very High Frequency Switch Mode Power Supplies (VHF SMPS). LED lighting products are powered by electrical power converters (LED drivers), but traditional power converters often cause LED products to fail long before the expected lifetime. Further, traditional power converters are bulky and prevent novel designs of LED products. Nordic Power Converters’ technology will set a new market standard for high quality, long-lived and reliable LED drivers and additional applications, leaving a greener footprint. Nordic Power Converters sells LED drivers to agile LED fixture manufacturer that produce quality LED luminaires in significant numbers. The team works closely with its business partners to supply high-end LED drivers with optimal specifications for the needs of their end-users.

Injurymap

Seed Round in 2017
Exercise therapy is the proven way to treat pain in muscles or joints, but finding the right exercises is like trying to find one's way through a maze. Injurymap helps patients find their way through physical recovery: The Android and iOS app generates evidence-based and interactive workout programs, taking into account each patient's strenghts and weaknesses. + CE marking as a medical device + High retention and user satisfication + Independent research underway

Alkalon

Venture Round in 2014
Alkalon is a Danish Specialty Pharma company focused on developing and commercializing medicated chewing gum formulations. The company has its own portfolio of nicotine gums approved for smoking cessation and smoking reduction. Alkalon's products are commercialised through license and supply agreements with leading OTC companies who market and distribute under their own brands in all major European markets. The company has several pending registrations outside Europe and performs R&D work under co-development agreements with some of the world’s largest Pharma companies.

Leikr

Venture Round in 2012
Leikr is a training device that aims to revolutionize the way people train. The electronic companion monitors performances, guides its users through their route and workout, and helps them analyze and share their achievements on an online sports community named Endomondo. The device allows its users to choose their maps from the online portal and upload them to their watches through Wi-Fi. A dot will indicate the current position and a dashed line will trace its users’ movement on the map. Individuals can select their map scale according to their sport. Leikr sends software updates to enable more features and enables the integration with the new sensors. The watch has features such as ergonomic fit, scratch resistant gorilla glass, detachable strap, and will not have any skin reactions. The company allows its users to create their workouts and training programs. In the workout editor its users can decide the number of intervals they need for their workout and assign to each of them a specific duration. Once it is created individuals can upload them to their watch by syncing. It provides chest strap to monitor heart rate and cadence and speed sensors for cycling. Leikr is a Denmark-based company that was founded in 2012 by Palle Staffeldt, Nikolaj Due, Cristiano Cairo, and Lars Moeller.

Artland

Venture Round in 2018
Artland is a social art market dedicated to connecting art collectors and galleries worldwide. The team’s overarching mission is to make art buying more accessible and thus widen the sales pipe by providing art collectors with the tools to navigate in a diverse art world. It also offers the possibility to engage with a worldwide community, driven by a shared passion for art. The Artland app is a professional network for collectors and galleries. It allows users to create profiles, upload photos of their collections and connect with like-minded art lovers and, potentially, art buyers. Art lovers both experienced and new to collecting can simply create a profile and browse, making art more accessible to all.The Artland app is free for collectors to use. It makes its money from gallery subscription fees. Artland was founded in 2016 by Danish brothers Mattis and Jeppe Curth, and is based in Copenhagen, Denmark.

Forecast

Seed Round in 2016
Forecast ApS develops software that helps users to plan and run projects. Its solution allows project managers to plan, budget, and predict projects; prioritize, sprint, assign, and repeat projects; and view and optimize projects, as well as empowers people to do their work and connects existing project tools. The company was incorporated in 2016 and is based in Copenhagen, Denmark.

Cardlay

Venture Round in 2016
Cardlay A/S develops and delivers a software that provides digital white label solutions. Its focuses on corporate banks and card issuers to help their customers automate company operations. The company’s software and applications develops transaction data by leveraging the integration between credit cards, travel expense management, and EU-VAT reclaim. Cardlay A/S was founded in 2016 and is based in Odense, Denmark.

Truekx

Seed Round in 2020
Welcome to Truekx, the largest platform for exchanging Goods and Services! Truekx is a mobile application that helps all companies and / or professionals to increase their sales (therefore income) because the platform is born with the purpose of returning barter to our days but in a fair way for both parties (buyer and seller), in case you do not have a business ... The application is also very useful because you can access thousands of businesses that accept exchange in Truekx and you will pay less cash for your consumption. We will position your business: For thousands of affiliates to look for you to do business. You will save cash flow: Paying with Truekx exchange. ES: Nuestro modelo de negocio es una plataforma alternativa de pago, potencializando a nuestros afiliados ( clientes usuarios) brindando conexiones para realizar negocios en una interfaz limpia, eficiente para hacer negocios face-to face, y que puedan pagar con sus propios productos y servicios que son parte de su negocio!! De esta forma tiene a su alcance una red de cientos de miles de empresarios y sus empresas para hacer negocios, nuestro negocio los canaliza y vigila para que se genere en un ámbito seguro y controlado, donde captamos sus recursos y estandarizamos estos para que tengan un valor determinado equivalente para todas las partes involucradas, tanto compradores como vendedores realizarán sus operaciones en nuestra plataforma de forma segura y eficiente, contando un respaldo de la parte que hicieron negocios esté resguardada por nuestra aplicación para que esos recursos sean usados en cuanto lo requieran, una ves que realicen el pago de nuestra comisión por el manejo de la consolidación del negocio!

Ahandyhand

Venture Round in 2012
Ahandyhand.dk is the largest peer-to-peer service provider in Denmark. Ahandyhand offers a platform for allowing users (providers) to offer their time and skills to complete tasks that other users (clients) in their community or network are unable to do or would rather not do. - a website, that strives to be the dominant meeting point between people, who needs a job done and persons, who have the skills and time to get the job done. Basic idea: - ahandyhand.dk is the preferred meeting point of practical tasks and solutions in and around the home. - Ahandyhand systematizes and categorizes the market and aims to establish itself as the central peer to peer (P2P) network platform for delivery of help, and assistance with any task for all clients by all capable providers How it works: An advanced search engine quickly delivers the qualifications of relevant providers to interested clients. The search is based on the postal code and main categories: House, Garden, Children/Adolescence, IT and Mobile Devices etc.. The search result is a description of the provider and possibly feedback from others who have used the particular provider previously.

Taktio

Series A in 2005
As of December 11, 2008 Taktio ApS went out of business. Taktio ApS develops and supplies man machine interfaces internationally. The company offers technology for high resolution and touch screen applications. Its products are used in mobile handset displays, computer monitors, windows, and glass walls. Taktio ApS was formerly known as O-pen ApS. The company was founded in 2003 and is based in Copenhagen, Denmark.

Diet4Life

Seed Round in 2013
Diet4life is working towards verifying whether protein hydrolysates have superior weight management abilities. Diet4life’s mission is to evaluate the long-term effects of regular protein intake in conjunction with certain food products and the suitability for being a dietary supplement.

Acesion Pharma

Venture Round in 2012
Acesion Pharma is a developer of medical drugs designed for the treatment of atrial fibrillation. The company's medical drugs develop treatments for atrial fibrillation which is the most common type of cardiac arrhythmia by following the concept of inhibiting a type of ion channel in heart cells that is involved in generating the electrical signals that regulate the heart's rhythm, providing consumers with chronic treatment to prevent the recurrence of AF and maintain normal heart rhythm.

Cardlay

Venture Round in 2022
Cardlay A/S develops and delivers a software that provides digital white label solutions. Its focuses on corporate banks and card issuers to help their customers automate company operations. The company’s software and applications develops transaction data by leveraging the integration between credit cards, travel expense management, and EU-VAT reclaim. Cardlay A/S was founded in 2016 and is based in Odense, Denmark.

ComplyCloud

Seed Round in 2021
Document your GDPR compliance with ease. Create, update and automate complex legal compliance documents to demonstrate GDPR compliance.

Endomondo

Series C in 2012
Endomondo ApS operates a Website and an application that makes fitness fun and helps users stay motivated. Its platform allows users to access a training log and analyze fitness activity. The company offers Endomondo Sports Tracker, an application to track workouts, provide audio feedback along the way, and offer guidance on how to reach goal. Its application is used while walking, running, cycling, hiking, and doing other activities by users worldwide. The company was founded in 2007 and is based in Copenhagen, Denmark. As of January 5, 2015, Endomondo ApS operates as a subsidiary of Under Armour, Inc.

Spektral

Seed Round in 2015
Spektral, formerly CloudCutout, is a visual effects company that applies machine learning to image and video editing. Spektral was founded by Henrik Paltoft and Toke Jansen in 2014 after having worked together for a couple of years digitising another of Henrik’s companies, Caramba Imaging. Henrik has worked 20 years in the graphical industry becoming a recognised expert in image optimisation. Toke is an honour's student from Danish Technology University’s division of machine learning and they came up with the idea to build CloudCutout. Henrik had access to thousands of images and great cutouts of all. Toke had the know-how to build an algorithm enabling an automatic move from the original to the cutout.

Endomondo

Series B in 2012
Endomondo ApS operates a Website and an application that makes fitness fun and helps users stay motivated. Its platform allows users to access a training log and analyze fitness activity. The company offers Endomondo Sports Tracker, an application to track workouts, provide audio feedback along the way, and offer guidance on how to reach goal. Its application is used while walking, running, cycling, hiking, and doing other activities by users worldwide. The company was founded in 2007 and is based in Copenhagen, Denmark. As of January 5, 2015, Endomondo ApS operates as a subsidiary of Under Armour, Inc.

Minervax

Venture Round in 2011
Minervax is pursuing the development of a vaccine against Group B streptococcus (GBS) infections by utilizing a particular fusion protein, which has proved to elicit good protective immunity. A vaccine including this fusion protein will likely elicit protective immunity against many clinically relevant GBS strains.

Valderm

Series A in 2007
Valderm ApS is focused on the development of the second generation anthracycline valrubicin for innovative once daily topical treatment of hyperproliferative skin diseases e.g. psoriasis. Preclinical studies have confirmed the anti-proliferative effect of valrubicin and an attractive safety profile upon repeated topical applications has been documented.

Minervax

Venture Round in 2011
Minervax is pursuing the development of a vaccine against Group B streptococcus (GBS) infections by utilizing a particular fusion protein, which has proved to elicit good protective immunity. A vaccine including this fusion protein will likely elicit protective immunity against many clinically relevant GBS strains.

Relink

Seed Round in 2016
At RelinkLabs we are building the world’s smartest platform for people insight. We analyse big data from across the web, developing applications which help our customers to make smarter, better and quicker business decisions when knowledge about people is essential.

Tonsser

Seed Round in 2017
Social network and utility app for youth soccer players who use Tonsser every week to keep track of their stats, improve their player rating, be inspired on how to improve and engage with their community.

Blackwood Seven

Venture Round in 2013
Blackwood Seven A/S provides an automated media allocation platform, which allows advertisers to plan and execute campaigns across various media groups–on and offline–on the basis of performance data. It specializes in video and audio media investments for high-profile disruptive businesses; and provides real-time predictive modeling and media allocation modeling platforms. The company was incorporated in 2013 and is based in Copenhagen, Denmark with locations in Munich, Los Angeles, New York, and Barcelona.

Forecast

Seed Round in 2017
Forecast ApS develops software that helps users to plan and run projects. Its solution allows project managers to plan, budget, and predict projects; prioritize, sprint, assign, and repeat projects; and view and optimize projects, as well as empowers people to do their work and connects existing project tools. The company was incorporated in 2016 and is based in Copenhagen, Denmark.

SiOx

Venture Round in 2013
Siox ApS provides thin film fused quartz coating for metals that protects the metal substrate from corrosion. It serves food and pharma, oil and gas, HVAC, chemical, offshore, automotive, maritime, and other industries. The company was incorporated in 2013 and is based in Espergærde, Denmark.

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.

shipbeat

Seed Round in 2014
Shipbeat ApS offers a shipping API that instantly enables businesses to do shipments online. Its API enables e-commerce companies to manage shipping with multiple shipping carriers; access services from their shipping partners by uniting various relevant local, regional, and global delivery partners, as well as traditional shipping carriers; and manage shipments from their online store. The company’s API also allows businesses to ensure proper address validation, and to make it possible for their customers to select a specific delivery point; track and trace packages status for their customers; and get shipping analytics. Shipbeat ApS was founded in 2014 and is based in Copenhagen, Denmark.

Vivino

Series C in 2018
Vivino, Inc. develops a mobile application and an Internet platform for the wine community. The company allows users to contribute ratings for wines from around the globe. Its Vivino application gives crowd-sourced tasting notes, average retail price, and suggested food pairings. The company was founded in 2010 and is based in San Francisco, California with additional offices in Copenhagen, Denmark; Ireland; Ukraine; and India.

Nordic Power Convertors

Seed Round in 2015
Nordic Power Converters has developed a power converter that is five times smaller and lighter and has 2-5 times longer lifetime than current power converters. This technology breakthrough is known as Very High Frequency Switch Mode Power Supplies (VHF SMPS). LED lighting products are powered by electrical power converters (LED drivers), but traditional power converters often cause LED products to fail long before the expected lifetime. Further, traditional power converters are bulky and prevent novel designs of LED products. Nordic Power Converters’ technology will set a new market standard for high quality, long-lived and reliable LED drivers and additional applications, leaving a greener footprint. Nordic Power Converters sells LED drivers to agile LED fixture manufacturer that produce quality LED luminaires in significant numbers. The team works closely with its business partners to supply high-end LED drivers with optimal specifications for the needs of their end-users.

InnoCC

Seed Round in 2013
InnoCC ApS, a medical device company, develops devices and modules for non-invasive measurement of cardiac output, oxygen uptake, and functional residual capacity in ventilated patients. Its system introduces non-invasive measurements of cardiac output and VO2 in ventilated patients (even newborns) in the intensive care units; and enables health care professionals to complete their Direct Fick equation when calculating cardiac output with a non-invasive VO2 measurement in cath labs. The company was incorporated in 2014 and is based in Odense, Denmark.

GoMore

Venture Round in 2014
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.

SpeechMiners

Venture Round in 2015
SpeechMiners, formerly known as SpeechOp, is a Danish tech company founded in Aalborg in 2008 by Morten Højfeldt Rasmussen. Today the company is operated from its offices in Aalborg and Copenhagen, Denmark. In 2015 SEED Capital has made its first investment in the company. The vision of SpeechMiners is to keep our position as the preferred partner to any private or public company, or any organization, looking for speech recognition technologies. We will do this through offering the best service to our customers, and the best technology on the market, with the highest possible level of customization.

Gasp Solar

Venture Round in 2013
Gasp Solar has invented a technology for a high-efficiency solar cell based on standard silicon solar cells, on which nanowires made from gallium-arsenide-phosphate (GaAsP) are grown. The combination of the two materials results in a tandem junction solar cell, which means that the solar cell can transform two different parts of the sunlight’s spectre into energy.

BluePrinter

Venture Round in 2015
Today, 3D prints are usually either outsourced or centrally produced within corporations, needlessly costing valuable time and money. With Blueprinter, the 3D printing process is possible to insource within departments, and has become affordable for small businesses. Blueprinter decentralizes the 3D printing by moving the printer from the central laboratory, or external service providers, to within the office – decreasing the time to market, saving significant money in prototyping, and keeping confidentiality for all original prototypes.

Superb

Series A in 2021
SUPERB is a Guest Experience Management (GXM) platform built specifically for the mid-to-high-end restaurant market.

Conrig Pharma

Venture Round in 2010
Conrig Pharma will reposition drug molecules with attractive safety and efficacy profiles through simple modifications and reformulations to provide fast development of new treatments of illnesses. Initial focus will be on a development of a new drug for oral treatment of atopic dermatitis (a type of eczema).

MagCath

Venture Round in 2016
MagCath ApS develops a medical device for women who suffer from urinary stress incontinence. It offers a gentle tube that stays inserted and provides the user full control over when her bladder is voided. The company was founded in 2013 and is based in Copenhagen, Denmark. It has a research and development location in Switzerland.

Lunar

Series B in 2020
Lunar Way is digital banking for the millennial generation. They believe in banking that is easy, personal and driven by mobile technology. They think banking should be about having a digital extension of the lives they live individually in order to manage their finances in an open, friendly and collaborative way. Lunar Way wants to provide the mobile banking experience for the millennial generation in Scandinavia that no one else will.

Trustpilot

Series D in 2015
Trustpilot is the world’s most powerful review platform - free and open to all. With more than 58 million reviews of over 270,000 domains, Trustpilot gives people a place to share and discover reviews of businesses, and we give every company the tools to turn consumer feedback into business results. Our mission is to bring people and businesses closer together to create ever-improving experiences for everyone. Trustpilot reviews are seen more than 3 billion times each month by consumers worldwide. With offices in Copenhagen, London, New York, Denver, Berlin, Melbourne and Vilnius, Trustpilot's 700 employees represent more than 40 different nationalities. For more information, visit https://www.trustpilot.com/

Good Monday

Seed Round in 2018
A well-managed office increases effectivity, raises morale and inspires great work culture. But, managing the office is time consuming and involves stressful coordination and administration of many services and putting out fires, thus robbing management and employees of their valuable time. The Good Monday platform allows access to a personal dashboard on the go, giving a full overview of services, expenses and orders. Now you can focus on running your business and not the office.

Bownty

Series A in 2015
Bownty is a website that collects all the deals in to a single website and sorts them into categories. It helps online consumers find great offline products and experiences by aggregating all the deals. Bownty operates in Denmark, the United Kingdom, Germany, France, and Spain. It was launched on March 5, 2011 in Copenhagen, Denmark.

Vivino

Series B in 2016
Vivino, Inc. develops a mobile application and an Internet platform for the wine community. The company allows users to contribute ratings for wines from around the globe. Its Vivino application gives crowd-sourced tasting notes, average retail price, and suggested food pairings. The company was founded in 2010 and is based in San Francisco, California with additional offices in Copenhagen, Denmark; Ireland; Ukraine; and India.

Endomondo

Series A in 2011
Endomondo ApS operates a Website and an application that makes fitness fun and helps users stay motivated. Its platform allows users to access a training log and analyze fitness activity. The company offers Endomondo Sports Tracker, an application to track workouts, provide audio feedback along the way, and offer guidance on how to reach goal. Its application is used while walking, running, cycling, hiking, and doing other activities by users worldwide. The company was founded in 2007 and is based in Copenhagen, Denmark. As of January 5, 2015, Endomondo ApS operates as a subsidiary of Under Armour, Inc.

DrugStars

Venture Round in 2017
Drugstars Aps owns and operates an Internet platform for healthcare sector that rewards patients for taking their medication. The company was founded in 2017 and is headquartered in Ballerup, Capital Region of Denmark, Denmark.

Lunar

Venture Round in 2016
Lunar Way is digital banking for the millennial generation. They believe in banking that is easy, personal and driven by mobile technology. They think banking should be about having a digital extension of the lives they live individually in order to manage their finances in an open, friendly and collaborative way. Lunar Way wants to provide the mobile banking experience for the millennial generation in Scandinavia that no one else will.

Vivino

Series A in 2013
Vivino, Inc. develops a mobile application and an Internet platform for the wine community. The company allows users to contribute ratings for wines from around the globe. Its Vivino application gives crowd-sourced tasting notes, average retail price, and suggested food pairings. The company was founded in 2010 and is based in San Francisco, California with additional offices in Copenhagen, Denmark; Ireland; Ukraine; and India.

Qvest

Pre Seed Round in 2018
Qvest.io ApS provides a software as a services (SaaS) product, comprising a flipped survey in a questionnaire format which lets you exchange questions and answers with others on various topics. It helps to turn conversational data into an actual mapping of knowledge and conversational patterns. The company was founded in 2017 and is based in Copenhagen, Denmark.

Epitherapeutics

Funding Round in 2008
EpiTherapeutics is developing novel innovative cancer drugs based on epigenetics, a therapeutic area researched by renowned scientist Professor Kristian Helin and his group at Biotech Research & Innovation Centre (BRIC) at University of Copenhagen. EpiTherapeutics’ development programs are focused on enzymes involved in the regulation of transcription in cancer.

Skidos Labs

Venture Round in 2017
Skidos Labs ApS develops educational gaming applications for kids. The company's games include, Smash Wizards, Brainy City Rush, Smart Boats, Smart Lumberjack, Turbo Riders, Flying Superstars, Hop Star, and Milk Hunt. The company help children learn and practice STEM and ELA skills for 1st to 5th grade. The company was incorporated in 2015 and is based in Copenhagen, Denmark.

Momio

Venture Round in 2014
Momio is an international interactive media company located in Copenhagen, Denmark. The company specializes in developing and operating social online products for children. Our goal is to give kids a great first social media experience by surrounding them with good friends in a playful and safe environment. Momio was founded in 2004 and currently employs approximately 25 talented digital professionals. Momio is owned by a company called watAgame.

Artland

Seed Round in 2018
Artland is a social art market dedicated to connecting art collectors and galleries worldwide. The team’s overarching mission is to make art buying more accessible and thus widen the sales pipe by providing art collectors with the tools to navigate in a diverse art world. It also offers the possibility to engage with a worldwide community, driven by a shared passion for art. The Artland app is a professional network for collectors and galleries. It allows users to create profiles, upload photos of their collections and connect with like-minded art lovers and, potentially, art buyers. Art lovers both experienced and new to collecting can simply create a profile and browse, making art more accessible to all.The Artland app is free for collectors to use. It makes its money from gallery subscription fees. Artland was founded in 2016 by Danish brothers Mattis and Jeppe Curth, and is based in Copenhagen, Denmark.

Grandhood

Seed Round in 2017
Grandhood operates as an investment management company. The company provides retirement planning and pension services. The company was founded in 2016 and is based in Copenhagen, Denmark.

Leneo

Pre Seed Round in 2016
LENEO is creating a banking platform (BaaP) to be used when leasing. LENEO provides a full setup – 100% digital and build as a scalable platform LENEO wants to change banking and democratize how business banking and especially leasing is done. They want to make leasing smarter, faster, cheaper and more user friendly for their costumers and their end-users. They want to change the way that bank, people and companies are handling leasing. In a world where people and companies stop owning things, and instead are focusing on freeing up capital and get access to things, the LENEO team believes leasing is the most vital financial tool when responding to this changing world.

Galecto

Series B in 2013
Galecto, Inc. develops small molecules for the treatment of severe diseases, including fibrosis and cancer. The company, founded in 2011, builds on more than 10 years of research centering on the role of galectin-3 and LOXL-2, and the use of modulators of these proteins to treat fibrosis-related diseases and cancer. Combined with a strong patent estate, these assets give Galecto a unique therapeutic platform.

Superb

Seed Round in 2019
SUPERB is a Guest Experience Management (GXM) platform built specifically for the mid-to-high-end restaurant market.

Bookingabus.com

Seed Round in 2016
Bookingabus(.com) is an independent price portal to help you find a chartered bus service. They are the first portal of their kind in Europe and they are proud to be able to provide you with an instant quote for your desired journey. Furthermore we give you various options from several carriers to ensure you are getting the best deal to fit your needs. For complex journeys they can provide you with a quote or you can give us your budget and they will find a bus operator for you.

Nangate

Series A in 2006
Standard-cell libraries were introduced more than 40 years ago to help IC designers keep up with the increasing complexity of IC design. But the convenience offered by predefined digital CMOS standard cells has come at the price of overall chip-level efficiency. Standard-cell-based ICs are rarely optimized for their intended application, so ICs are not as small, fast or power-efficient as they could be. Nangate cell library creation and optimization tools provide the answer to this dilemma. Nangate tools enable custom tailoring of digital cell libraries to meet specific design targets. Libraries can be optimized for design goals such as power consumption, die area, operating frequency or required yield – as opposed to being designed for a broad range of standard requirements. The result: improvements in IC performance can be achieved at much lower cost and with considerably less effort than using full-custom design methods.

SwimCount

Venture Round in 2011
SwimCount was founded in 2010 by a team of researchers and managers with many years of combined experience within the development of equipment for IVF. In 2011, SwimCount. received funding from SEED Capital, the largest early-stage venture capital fund in Denmark. In 2011 the product won the 1st prize in the innovation competition at the Hi11 tradeshow. In October 2013 SwimCount. was one of the winner of the EVC HealthTech semi-finals and will be present at the European Venture Summit finals in December 2013.

Brain+

Venture Round in 2014
At Brain+, we view your brain as your most precious asset. Your brain deserves the same amount of attention or more than you give to the rest of your body. We are committed to developing technologies and tools that can help reach critical goals for brain training: Enhancing general brain and cognitive performance of all people. Prevention of the decline of cognitive ability due to aging. Assist in rehabilitation of cognitive ability lost due to brain damage.

Cardlay

Series B in 2019
Cardlay A/S develops and delivers a software that provides digital white label solutions. Its focuses on corporate banks and card issuers to help their customers automate company operations. The company’s software and applications develops transaction data by leveraging the integration between credit cards, travel expense management, and EU-VAT reclaim. Cardlay A/S was founded in 2016 and is based in Odense, Denmark.

Trustpilot

Series B in 2012
Trustpilot is the world’s most powerful review platform - free and open to all. With more than 58 million reviews of over 270,000 domains, Trustpilot gives people a place to share and discover reviews of businesses, and we give every company the tools to turn consumer feedback into business results. Our mission is to bring people and businesses closer together to create ever-improving experiences for everyone. Trustpilot reviews are seen more than 3 billion times each month by consumers worldwide. With offices in Copenhagen, London, New York, Denver, Berlin, Melbourne and Vilnius, Trustpilot's 700 employees represent more than 40 different nationalities. For more information, visit https://www.trustpilot.com/

Tonsser

Series A in 2018
Social network and utility app for youth soccer players who use Tonsser every week to keep track of their stats, improve their player rating, be inspired on how to improve and engage with their community.

Proper

Seed Round in 2018
Proper offers a platform to help property owners‚ and their tenants, manage their property. Proper develops an intelligent platform that automatically performs the operational tasks associated with the rental of residential and commercial leases, garages and parking lots, etc. It was founded in 2017 and based in Copenhagen, Hovedstaden, Denmark.

Cardlay

Venture Round in 2016
Cardlay A/S develops and delivers a software that provides digital white label solutions. Its focuses on corporate banks and card issuers to help their customers automate company operations. The company’s software and applications develops transaction data by leveraging the integration between credit cards, travel expense management, and EU-VAT reclaim. Cardlay A/S was founded in 2016 and is based in Odense, Denmark.

Legal Desk

Venture Round in 2016
At Legal Desk, they believe that legal services should be simple, easily accessible and affordable. Therefore, they have developed an online service that enables you to create legal documents themselves.

Hedia

Convertible Note in 2016
Hedia has been developed as a tool that will make everyday life easier for people suffering from type 1 and 2 diabetes. Hedia is a personal diabetes-assistant, based on artificial intelligence. It picks up patterns and habits of the individual diabetic and uses it for insulin recommendations giving the person with diabetes a better insulin-treatment.

Expanite

Venture Round in 2011
Expanite has developed a series of unique solutions for surface-hardening of stainless steel. With the opportunity of processing most common stainless steel alloys - either in-house or at Expanite's treatment centre - the company offers significantly improved corrosion, wear, fatigue and scratch resistance

Aros Pharma

Venture Round in 2010
Aros Pharma is developing a new effective therapy reducing the pain associated with Irritable Bowel Syndrome (IBS). The company has acquired all rights to a new chemical entity that can negatively modulate the activity of acid sensors in the gastrointestinal tract. These acid sensors are believed to play a central role in pain associated with IBS.

AthGene

Venture Round in 2017
AthGene has the world's first subscription-based genetics platform. By signing up you can unlock new categories on a weekly basis. Thereby, AthGene makes it possible for everyone to learn more about their body's unique genetic makeup. This information is relevant for fitness enthusiasts, athletes, as well as anyone else who is simply curious as to how their genes impacts their body's natural abilities.

Good Monday

Seed Round in 2020
A well-managed office increases effectivity, raises morale and inspires great work culture. But, managing the office is time consuming and involves stressful coordination and administration of many services and putting out fires, thus robbing management and employees of their valuable time. The Good Monday platform allows access to a personal dashboard on the go, giving a full overview of services, expenses and orders. Now you can focus on running your business and not the office.

GroupCam

Convertible Note in 2016
GroupCam is the first of its kind camera sharing app. We share cameras to avoid the sharing hassle.

Lunar

Seed Round in 2015
Lunar Way is digital banking for the millennial generation. They believe in banking that is easy, personal and driven by mobile technology. They think banking should be about having a digital extension of the lives they live individually in order to manage their finances in an open, friendly and collaborative way. Lunar Way wants to provide the mobile banking experience for the millennial generation in Scandinavia that no one else will.

Carnad

Venture Round in 2012
CARNAD A/S produces soup stocks, bone extracts, and a range of other natural food additives for the food industry. It offers beef, pork, poultry, seafood, and game fond in liquid and paste forms; spray dried beef, pork, poultry, seafood, and game products for soups, sauces, noodles, or marinading brine; and beef, pork, and poultry fat. The company’s products are also used in other food products, such as soup cubes and ready-made meals, as well as for flavoring. CARNAD was incorporated in 2007 and is based in Løgstør, Denmark.

Nangate

Series B in 2007
Standard-cell libraries were introduced more than 40 years ago to help IC designers keep up with the increasing complexity of IC design. But the convenience offered by predefined digital CMOS standard cells has come at the price of overall chip-level efficiency. Standard-cell-based ICs are rarely optimized for their intended application, so ICs are not as small, fast or power-efficient as they could be. Nangate cell library creation and optimization tools provide the answer to this dilemma. Nangate tools enable custom tailoring of digital cell libraries to meet specific design targets. Libraries can be optimized for design goals such as power consumption, die area, operating frequency or required yield – as opposed to being designed for a broad range of standard requirements. The result: improvements in IC performance can be achieved at much lower cost and with considerably less effort than using full-custom design methods.

NociTech

Venture Round in 2015
NociTech has developed a novel advanced pain test platform that enables a mechanism-based quantification of pain sensitivity in patients and profiling of new analgesic compounds under development. The mechanistic approach can differentiate whether the pain is associated with mechanisms in the peripheral or central nervous system affections.

Expanite

Venture Round in 2014
Expanite has developed a series of unique solutions for surface-hardening of stainless steel. With the opportunity of processing most common stainless steel alloys - either in-house or at Expanite's treatment centre - the company offers significantly improved corrosion, wear, fatigue and scratch resistance

Movellas

Angel Round in 2011
Changing the experience of reading and writing stories for teens all over the world. Movellas is a self-publishing platform based around the Japanese concept of mobile short stories. The market in Japan has exceeded 82 million people, meaning it became the fastest growing form of literature amongst Japanese teenagers. Users can create their own stories and publish to the social and interactive community, with fellow readers able to comment, give feedback and assist in developing each story. Anyone can create their own 'movella' and it is accessible via the web or mobile device.

Curasight A/S

Venture Round in 2013
Curasight A/S offers clinical development services for the diagnosis and treatment of cancer. The company exploits a novel Positron Emissions Tomography (PET) imaging platform that targets the urokinase-type plasminogen activator receptor (uPAR). It also develops uTRACE, a novel radiopharmaceutical platform for improved diagnose, risk stratification, and treatment monitoring for cancer. Additionally, the company offers cancer medicine with the use of the glucose analogue FDG for cancer diagnosis and staging. Curasight A/S was founded in 2013 and is based in Copenhagen, Denmark.

Boatflex

Seed Round in 2017
Boatflex.com is a peer to peer platform for boat rentals. Our mission is to create a network that makes it possible to rent quality boats directly from trusted sailors. Members will have a way to offset their cost of ownership by renting their boats to pre-screened and qualified renters from our network. All rentals are fully insured. Whether you are looking for a motor boat to enjoy a fun day on the water, or a sailboat for a holiday, Boatflex creates trusted, safe and unique experiences at affordable prices.

Lunar

Series D in 2023
Lunar Way is digital banking for the millennial generation. They believe in banking that is easy, personal and driven by mobile technology. They think banking should be about having a digital extension of the lives they live individually in order to manage their finances in an open, friendly and collaborative way. Lunar Way wants to provide the mobile banking experience for the millennial generation in Scandinavia that no one else will.

The Many

Seed Round in 2017
Based in Copenhagen, Denmark. Brickshare is a property crowdfunding platform that allows you to build your own property portfolio. Choose your investments & invest as little as €100. You will receive monthly rental returns & share in any profit.

Activity Stream

Seed Round in 2015
Activity Stream Ltd. designs and develops OI based application, which turns underutilized business data into actionable intelligence and insights. The company serves customers in commerce, banking, insurance, telecommunications, airlines, and manufacturing industries. Activity Stream Ltd. was founded in 2013 and is based in Reykjavik, Iceland.

OrderYoyo

Post in 2022
Our focus is to help take-aways and restaurants make more money. We offer you your OWN platform, which includes: iPhone App, Android App and a Web-based ordering module. Through the app we enable you to communicate directly with your regular customers about great offers and new menus and to receive orders. Use takeaway portals like Just-Eat to get new customers – and once you’ve got them, convert them to order take-away directly from YOUR ordering platform.

Omnio

Seed Round in 2018
Omnio is middleware that makes it fast and easy to onboard industrial devices to IoT solutions. With Omnio you can forget about manual integration of protocols and device data models - devices will simply plug&play. This means you can both save cost and speed up the roll out of your IoT projects.

GreenGo Energy

Venture Round in 2012
GreenGo Energy is a full-service solar solution provider. We develop, construct and operate large-scale solar projects on behalf of investors and C&I clients.

Meo

Seed Round in 2017
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.

Vivino

Venture Round in 2011
Vivino, Inc. develops a mobile application and an Internet platform for the wine community. The company allows users to contribute ratings for wines from around the globe. Its Vivino application gives crowd-sourced tasting notes, average retail price, and suggested food pairings. The company was founded in 2010 and is based in San Francisco, California with additional offices in Copenhagen, Denmark; Ireland; Ukraine; and India.

IEV

Venture Round in 2012
Industrial Electric Vehicle - IEV is a danish high tech company developing and producing high quality cargo electric vehicles for professional use. IEVs electric vehicles are developed according to highest international standards, with high quality materials and components and as customised versions for postal services, catering, transport of goods, rental services according to customers wishes and requirements. IEV electric vehicles have range between 150 and 240 km per charge, can be delivered in 2 version, as 45 km&h or 90 km&h. IEV vehicles are equiped with wireless communication system for diagnostics and integration with intelligent electronic delivery systems.

Templafy

Series D in 2021
Templafy ApS offers template and document management solutions. It offers template and content accessibility, dynamic personalization solutions, document automation, brand and content validation solutions, template governance solution, and PowerPoint productivity services. The company also provides Templafy platform that connects and manages entire document ecosystem. It serves banking and finance, consulting, education, insurance, consumer, and legal industries. The company was incorporated in 2013 and is based in Copenhagen, Denmark with additional locations in the United States; Germany; the Netherlands; the United Kingdom; Singapore; Hong Kong; Australia; New Zealand; and Spain.

Upodi ApS

Seed Round in 2017
Upodi ApS, a software-as-a-service company, develops subscription management software. The company enables businesses to monetize subscription customers and gain recurring revenues. It enables users to transform their business into a subscription-based operation and build a relationship with their customers. The company was founded in 2015 and is based in Aarhus N, Denmark.