Vækstfonden

Vækstfonden is a venture capital firm specializing in direct and fund of funds investments. The firm makes direct investments in seed, growth start ups, early, mid, and late venture, and growth capital. The firm also invests in venture funds that invest in un-listed companies. Vækstfonden invests in through five groups: Life Science Ventures, Growth capital, fund of funds, Technology ventures, and Need driven venture. Life Science Ventures specializes in seed and early stage investments in Life Science companies located in Denmark. The group invests in small and medium enterprises in biopharmaceuticals, biotechnology, clean technology, medical technology, information technology, capital goods, industrial technology, software, materials, medical devices, diagnostics, nutraceuticals, telecommunications, electronic equipments, instruments and components, energy, alternative energy resources, water purification, commercial design services, household durables, entertainment services, and agro-biotechnology sectors. It seeks to make equity investments and take ownership stake of not more than 25%. Need-Driven Ventures invests in solutions to important business needs. Fund of Funds invests in venture funds focusing on small and medium enterprises. Technology venture specializes in investments in early stage technology companies. For its direct and fund of fund investments, it invests in firms and funds based in Denmark. The firm seeks to invest between DKK 5 million ($0.97 million) and DKK 25 million ($4.84 million) and secures up to 25% of the share capital in its portfolio companies. The firm can also work with private investors, co-invest and provide loans and guarantees in collaboration with private partners and Danish financial institutions. Vækstfonden was established in 1992 and is based in Hellerup, Denmark with additional offices at Vojens, Denmark and Jutland, Denmark.

Eva Buciek

Venture Associate

Michael Dyrlund

Partner

Henrik Elstrøm

Corporate Director

Edvard Foung

Investment Manager of Fondskapital

Lene Gerlach

Investment Manager

Asbjørn Emil Holmlund

Analyst at VF Venture

Jacob Hübertz

Chief Financial Officer

Lars Nordal Jensen

Managing Director

Alexander Knudsen

Investor

Charlotte Piester

Investment Manager at VF Venture

Jette Roepstorff

Management Assistant of VF Venture

Simon Frederik Øelund

Investment Associate

Past deals in Denmark

Area9 Lyceum

Venture Round in 2021
Area9 Lyceum ApS, based in Copenhagen, Denmark, specializes in developing personalized and adaptive online learning modules for a diverse audience, including schoolchildren, students, and professionals. Founded in 2017, the company focuses on delivering education through digital platforms, utilizing advanced technology to enhance the learning experience. Area9 Lyceum is part of a larger group that encompasses two primary business areas: Learning Technology and High-Technology Computer Science. The latter aids companies in optimizing human value through solutions for call centers, legacy systems migration, and process optimization. By integrating cloud-based technology, Area9 Lyceum offers a comprehensive platform that supports content delivery and personalized training, thus significantly reducing development time and facilitating efficient learning processes.

Cavea

Pre Seed Round in 2021
Cavea is a sponsorship analytics platform for esports and brands. Helping organisations on a daily basis understand ROI for sponsors by analysing branded content and automating reporting. Our mission is to track the entire esports ecosystem across all social and digital channels and turn esports passion into business. In Roman times the "cavea"​ referred to the seating sections serving audiences of Roman theatres and amphitheatres. Our mission is to serve first-class audience intelligence and become the backbone of your sponsorship & brand operations making you excel in your business.

All Gravy

Pre Seed Round in 2020
Butter is re-engineering salary for shift workers by helping them make the most out of their salary. We enable them to access their salary as soon as they earn it, but then also give them the tools to reach their financial goals. We have a belief that creating a direct link between work and pay through real-time salary will fundamentally shift the way we think about work and our motivation for working. We also believe thinking about money is hard, and that there are a lot of things we can do with behavioural design to make it easier. Thus we work in an extremely customer-centric way to create products that are helpful, fun to use but also change the way we think about work and pay. Employers get a more motivated workforce, who are more likely to take shifts and can save their finance / HR teams a lot of time by ensuring their employees always understand which shifts they are getting paid for at which times. We are a venture-backed company, backed by Founders who have built fantastic companies such as Pleo and Kontist.

OrderYoyo

Venture Round in 2020
OrderYoyo is a European company specializing in software solutions for restaurants and takeaways, focused on enhancing their profitability. The company provides a comprehensive usage-based SaaS platform that includes a branded website, mobile applications for iPhone and Android, and an integrated order and payment management system. Its services encompass menu management, business intelligence, user data analytics, and marketing tools such as email campaigns and social media promotion. OrderYoyo aims to enable restaurants to connect directly with their customers, offering them a personalized ordering experience while also leveraging takeaway portals to attract new clientele. With a strong presence in key European markets, including the UK, Germany, Denmark, Ireland, and Austria, OrderYoyo positions itself as a vital partner for takeaway businesses looking to optimize their operations and grow their customer base.