Seed Capital is an investment firm that focuses on late seed-stage technology companies in Denmark with global potential. The firm typically invests between 1 to 3 million euros in funding rounds ranging from 1 to 6 million euros. Annually, Seed Capital aims to invest in 15 to 20 new companies, primarily from the Nordic region. With a strong network of angel investors and international venture capitalists, Seed Capital often collaborates with other investors to support its portfolio companies through various stages of growth. In addition to financial backing, the firm provides valuable assistance in areas such as management support, business development, strategic planning, and operational guidance. Seed Capital has a successful track record, having invested in notable companies like Trustpilot, Vivino, and Endomondo, contributing to their development into significant players in the tech industry.

Heartcore Capital A/S is a venture capital firm specializing in investments in seed, series A and growth investments in startups, early venture and late venture. The firm seeks to invest in consumer technology B2C and B2B2C companies with a focus on direct-to-consumer brands, food, digital health, travel, finance, marketplaces, and consumer subscriptions. It invests all across Europe with a focus on the United Kingdom, and occasionally in the United States. The firm typically invests between €0.25 (USD0.28 million) and €5 million (USD5.67 million). Heartcore Capital A/S is based in Copenhagen, Denmark with additional offices in Berlin, Germany and Paris, France.

NorthCap Partners, established in 2007, is a private equity and venture capital firm based in Copenhagen, Denmark. It specializes in investing in technology companies across various stages of development, from seed to growth. The firm focuses on information technology and software, with a particular emphasis on cloud computing (SaaS), communications, mobile/mobility, online services, and e-commerce. NorthCap Partners prefers to invest in business-to-business (B2B) and business-to-business-to-consumer (B2B2C) fields, with a strong preference for companies based in the Nordic region, particularly Denmark. The firm typically invests between €1 million and €5 million, seeking companies with a turnover between DKK5 million and DKK50 million. It aims to provide strategic support to its portfolio companies, often taking a board seat, and frequently co-invests with local and international VCs. NorthCap Partners focuses on United States pricing for exits.

Vækstfonden, also known as the Danish Growth Fund, is a venture capital firm established in 1992 and headquartered in Hellerup, Denmark, with additional offices in Vojens and Jutland. It focuses on enhancing access to risk capital for Danish businesses across various sectors, from seed stage to growth and expansion phases. The firm specializes in both direct investments and fund of funds investments, targeting small and medium enterprises, particularly in the life sciences and technology sectors. Vækstfonden operates through five investment groups: Life Science Ventures, Growth Capital, Fund of Funds, Technology Ventures, and Need-Driven Ventures. It typically invests between DKK 5 million and DKK 25 million, acquiring up to a 25% equity stake in its portfolio companies. Additionally, Vækstfonden collaborates with banks, private investors, and Danish financial institutions to provide loans, guarantees, and co-investment opportunities, supporting companies throughout their entire growth journey, including international expansion and potential public offerings.

Futuristic.vc is a venture capital firm based in Copenhagen, Denmark, with an additional office in Aarhus C. Founded in 2017, the firm focuses on pre-seed, seed, and early-stage investments, primarily targeting the Nordic region. Futuristic.vc is sector agnostic but shows particular interest in SaaS, B2B, and B2C sectors. The firm typically provides initial financing of up to EUR 100,000, aiming to support ambitious entrepreneurs with innovative ideas. With a founders-first approach, Futuristic.vc seeks to empower bold Nordic entrepreneurs in their quest to build impactful businesses.

Morph Capital is a venture capital firm founded in 2018 and based in Copenhagen, Denmark. It invests in early-stage startups across sectors including B2B, financial services, information technology, ad tech, fintech, health technology, legal technology, SaaS, blockchain, advanced manufacturing, infrastructure, e-commerce, ride-sharing, and virtual reality. The firm supports its portfolio companies by assisting with infrastructure setup, growth planning, strategy development, talent hiring, legal work, and fundraising preparation.

PreSeed Ventures is a venture capital firm headquartered in Kongens Lyngby, Denmark. Established in 2000, the firm focuses on early-stage investments in life science, information technology, advanced manufacturing, and clean technology companies operating in Denmark and Sweden. It seeks to support startup growth through funding and strategic guidance, helping ambitious ventures move from concept to market in the Nordic region.

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 can accompany you for the entire journey – from your company’s infancy through growth phases to expansion abroad and even to an initial public offering.

Underground Ventures, established in 2024 and based in Copenhagen, Denmark, is a venture capital firm focused on early-stage technology companies. It specializes in investing in geothermal energy technology startups, aiming to facilitate global geothermal deployments. The firm commits up to $40 million over a period of 3 to 5 years to support these innovative ventures.

3B Ventures, founded in 2017 and based in Copenhagen, Denmark, operates as a traditional non-venture capital entity focused on fostering innovation. The company supports entrepreneurs who aim to create market-disrupting enterprises while addressing one or more of the Sustainable Development Goals established by the United Nations. By leveraging artificial intelligence and a data-driven approach, 3B Ventures identifies investment opportunities and selects startups based on extensive data points gathered from a global network of partners. The firm emphasizes a commitment to making a noticeable difference through its funding decisions, concentrating on technology companies primarily in the Nordic and Southeast Asian regions.

Upfin is a specialized early-stage investor focused on fintech companies.

Established in 2009, Lundbeckfonden Ventures is an evergreen life science venture fund wholly owned by the Lundbeck Foundation. It invests up to €50 million annually, operating independently and generating returns to support its activities.

Established in 2020 and headquartered in Copenhagen, Denmark, NOON Ventures is a venture capital firm focusing on early-stage investments. It specializes in backing transformative technologies with significant potential to address environmental or climate challenges. Unlike traditional investors, NOON limits its investments to few companies, aiming to be a true co-developer of businesses alongside entrepreneurs.

Crista Galli Ventures is a venture capital firm established in 2019, with offices in Copenhagen, Denmark, and London, United Kingdom. The firm focuses on investing in early-stage startups, particularly in the health technology, digital health, and deep technology sectors. Crista Galli Ventures provides patient capital to support companies at the pre-seed, seed, and Series A stages, typically investing up to £0.5 million at the seed level and up to £3 million at the Series A level. The firm prioritizes investments in pan-European companies, aiming to foster innovation and growth in the healthcare landscape.

North Ventures is a venture capital investment firm established in 2019 and headquartered in Copenhagen, Denmark. The firm focuses on investing in technology-driven startups, specifically targeting companies in their seed to Series A stages. With a preference for Danish growth companies, North Ventures aims to support innovative businesses that have the potential for significant impact and expansion in the technology sector.

Founded in 2011, KRING is a venture studio based in Copenhagen, Denmark. It partners with entrepreneurs to co-create solutions that positively impact society and the planet, focusing primarily on SDG3 (Good Health and Well-Being) and SDG7 (Affordable and Clean Energy). KRING prefers working with startups operating in B2B2C or B2C markets.

LundKenner Ventures is a Copenhagen-based venture capital investment firm that emphasizes the importance of entrepreneurship and visionary leadership in building successful companies. Rather than viewing financial investment as the sole measure of success, LundKenner prioritizes the potential of people, innovative ideas, and shared experiences as the most valuable assets for any business, regardless of its size. The firm's partners, driven by a deep entrepreneurial spirit, are dedicated to overcoming challenges faced by startups and are committed to fostering an environment where entrepreneurs can thrive. LundKenner Ventures aims to dismantle barriers globally to create opportunities that encourage personal and professional growth. The firm actively seeks to engage with emerging ideas that have the potential to disrupt markets and contribute to the evolution of industries.

Copenhagen Infrastructure Partners is a multinational team specializing in regulated infrastructure and renewable energy investments. The firm brings extensive experience in corporate finance, mergers and acquisitions, engineering, project development and project management, with many partners having held senior positions at major energy companies. CIP focuses on developing and investing in energy infrastructure across Europe, Asia and North America, including offshore and onshore wind, solar, transmission and other renewables, as well as related assets such as biomass and hydro storage. The group emphasizes long-term ownership and value creation through hands-on project delivery and operational management, aiming to deploy capital into sustainable infrastructure with durable cash flows and positive environmental impact.

PreSeed Ventures is a venture capital firm founded in 2000 and located in Kongens Lyngby, Denmark. It specializes in investing in early-stage companies, particularly in the life science, information technology, advanced manufacturing, and clean technology sectors within Denmark and Sweden. The firm operates at the pre-seed stage, providing essential support to founders as they transform their startup visions into successful businesses. With a strong foundation in the technological research environment at Denmark's Technical University, PreSeed Ventures leverages its extensive experience in nurturing promising startups while minimizing risks associated with early investments. In 2020, the firm launched its first commercial venture fund, continuing its mission of fostering innovation and growth among emerging companies.

Founded in 1936, Kinnevik is an investment company focused on building digital consumer businesses globally. It partners with talented founders to create and invest in fast-growing companies, aiming to deliver both shareholder value and positive social impact.

Founded in Munich, Germany in 2004, MIG Capital is a leading venture capital firm focusing on European Deep Tech and Life Sciences investments from seed to late-stage. With over €1.2 billion committed by private investors across Germany and Austria, the firm manages 17 public venture capital funds regulated by BaFin.

FinTech Collective is a global venture capital firm founded in 2012 and based in New York, with offices in London. It concentrates on early-stage investments in financial services and related technology, including payments, banking, lending, wealth and asset management, capital markets, insurance, and decentralized finance. The firm backs entrepreneurs reimagining how money moves and how financial services are built and delivered across global markets. Its portfolio includes MoneyLion, NYDIG, Ocrolus, Quovo, and Vestwell, among other fintech and infrastructure companies, reflecting breadth across the sector. Backed by leading institutional investors, the firm targets seed to series B-stage opportunities and leverages deep sector experience to help startups scale.

Northzone is a London-headquartered venture capital firm with offices in New York, Oslo, Stockholm, and across the Nordics. Established in 1996, it pursues early- and multi-stage technology investments in healthcare, semiconductors, software, hardware, artificial intelligence, blockchain, and gaming. The firm leverages a global network to help portfolio companies scale, connecting them with customers, partners, and key talent. Northzone has backed influential founders and built relationships with category-defining businesses, having partnered with the founders of Spotify, Klarna, iZettle, Hopin, and others. The organization has raised over €1.5 billion in funds to support its investments.

Seedcamp is a London-based venture capital firm and seed platform that backs early-stage startups across Europe and globally, with a focus on fintech, healthcare and technology. It identifies world-class founders addressing large, global markets and provides immediate access to smart capital, mentorship, and a lifelong, global community built on more than a decade of experience backing exceptional talent. Through its broad network of partners and mentors, Seedcamp helps portfolio companies scale, access strategic resources, and navigate early growth, with a geographic reach that spans North America, Asia, Europe and Africa.

SOSV is a global venture capital firm that supports early-stage startups through active, founder-first development programs. Its flagship initiatives HAX and IndieBio provide facilities, engineering resources, services, and laboratory equipment to accelerate product development and prepare companies for subsequent funding rounds. SOSV focuses on deep technology across health, environmental, and cross-border software sectors, aiming to solve human and planetary health challenges. In addition to providing capital, the firm emphasizes intensive programmatic support to help portfolio companies move quickly from seed toward growth, including customer acquisition and scale. The firm operates globally with a bias toward startups targeting rapid international expansion, especially in Asia, and tends to back a small cohort of high-potential companies to accelerate their progress and attract leading investors.

Balderton Capital is a London-based venture capital firm that invests in European technology companies across early-stage and growth stages. It targets sectors including software, fintech, health technology, consumer and retail, internet, mobility, security, and related tech-enabled businesses. The firm supports portfolio companies throughout their lifecycle—from seed to exit—by providing strategic guidance, introductions to professional services, and access to a network of globally connected executives. It operates a founder-focused program with workshops and community events designed to help portfolio companies scale, hire, and navigate markets.

Insight Partners is a global private equity and venture capital firm founded in 1995 that acts as a software investor, partnering with growth-stage technology and software companies. The firm concentrates on Fintech, Cybersecurity, AI/ML, DevOps, and Healthcare, providing capital and hands-on support to help management teams scale. Headquartered in New York City with offices in London, Tel Aviv, and Palo Alto, Insight Partners has more than $75 billion in assets under management, has invested in over 750 companies worldwide, and more than 55 portfolio companies have reached an IPO.

Owl Ventures is a San Francisco-based venture capital firm that specializes in education technology and related sectors. Founded in 2014, it supports startups across the education spectrum—from early childhood to higher education and career mobility—through an active, hands-on approach that leverages deep domain expertise to help entrepreneurs scale and build category-leading companies. The firm has a portfolio of edtech and related enterprises and assets under management of over $600 million.

Kurma Partners is a Paris-based investment firm founded in 2009 that concentrates on financing innovation in healthcare and biotechnology across Europe. It targets early-stage and development capital for companies in life sciences, biotechnology, digital health, and related fields, and emphasizes collaborations with research institutes and hospitals to advance therapies and medical technologies from concept to clinical development. The firm operates as a specialist investor in Europe, supporting ventures that bridge scientific discovery and patient impact through equity investments and strategic guidance.

Balderton Capital is a venture capital firm based in London with an office in Berlin that backs European technology companies from seed to growth stages. The firm focuses on innovative enterprises in areas such as enterprise software and services, communications and security, semiconductors, e-commerce, consumer internet and software, mobile computing, consumer services, media and online media, fintech and financial services. It concentrates its investments in European companies, with a stronger emphasis on France, Spain and Portugal, while remaining opportunistic about opportunities outside Europe. Balderton typically engages in early and growth rounds, providing capital and ongoing support as portfolio companies mature, and commonly seeks a board seat and a minority stake. It avoids investments in life sciences and clean technology sectors.

Socii Capital is a venture capital firm based in San Francisco, California, with an additional office in London. Established in 2016, the firm focuses on investing in companies that are developing software-enabled digital infrastructure. Its investment portfolio encompasses a range of industries, including digital banking, automation, smart transportation, financial technology, insurance, security, and urban planning. Socii Capital partners with innovative and mission-driven entrepreneurs to support the creation of digital infrastructure that aims to drive significant behavioral changes in society.

Sunstone Life Science Ventures is a European early-stage venture capital firm focused on life science and human therapeutics. Based in Copenhagen, Denmark, it was founded in 2007 and invests in biotechnology, pharmaceutical, diagnostic equipment, and therapeutics devices, seeking to back ideas at an early stage with potential to advance human medicine. The firm targets opportunities across Northern and Western Europe, supporting science-driven companies from inception through early development. It backs teams developing novel pharmaceutical ingredients and related technologies, aiming to translate research into clinical impact. The firm emphasizes early financing to help founders accelerate product development, clinical validation, and market introduction in the life sciences space.

Firestartr is a venture capital firm based in London that backs digital entrepreneurs across SaaS, cloud, infrastructure, digital media, fintech and e-commerce. It provides capital and hands-on support, drawing on the founders' entrepreneurial experience and a wide network of senior advisors to drive sustainable growth from seed stage to Series A and beyond.

Novo Holdings is a Danish holding and investment firm managing the assets of the Novo Nordisk Foundation. Established in 1999, it invests globally in life science companies at all stages of development, with a portfolio also including equities, bonds, real estate, and infrastructure.

Dawn Capital is an early-stage venture capital firm based in London, United Kingdom, focused on investing in European startups in enterprise software and fintech. It provides capital and strategic guidance to help founders scale their businesses through talent, product development, and scalable business models, with the aim of creating category-defining global companies. Founded in 2006 by Haakon Overli and Norman Fiore, the firm draws on former entrepreneur experience to support portfolio companies as they grow, in line with trends such as AI adoption and no-code platforms. Dawn Capital primarily invests in Europe and seeks opportunities in software, fintech, data and analytics, security and privacy, and related sectors.

Founded in Singapore in 2017, Antler is an early-stage venture capital firm that invests globally. It focuses on backing exceptional founders from day one, offering a global community network of co-founders, talent, advisors, expansion support, and capital across various sectors such as technology, healthcare, finance, consumer goods, and more.

Crowberry Capital is a venture capital firm based in Reykjavik, Iceland, focused on seed and early-stage technology startups across the Nordic region. The firm backs teams with strong technology advantages and supports building fast-growing, international companies that can scale beyond the Nordics. It emphasizes a hands-on approach throughout the investment cycle, from seed to exit. The team combines extensive experience in managing technology startups and exits with a global outlook gained from work in multiple countries. Investments span sectors such as health tech, software-as-a-service, fintech, gaming and consumer products, reflecting a broad tech mandate in the Nordic ecosystem.

Scale Capital is a Danish venture capital firm founded in 2012 and based in Copenhagen, with offices in New York and the San Francisco Bay Area. It backs early-stage technology startups, with a Nordic focus on B2B software, artificial intelligence, analytics, digital health, and related tech sectors, and it also supports cross-border expansion to the United States. The firm typically participates in Seed to Series A rounds, providing investment checks in the €1-4 million range to help validate business models and accelerate growth. While primarily Nordic in origin, Scale Capital seeks to help portfolio companies scale internationally and win in the US, applying a technology-led, sector-focused approach to building resilient, scalable businesses.

Speedinvest is a venture capital firm based in Vienna, with offices in Berlin, Paris, London, Munich, and San Francisco, that focuses on early-stage technology investments across Europe, including Central and Eastern Europe. The firm backs seed to early growth rounds in areas including deep tech, fintech, health, industrial tech, marketplaces, consumer tech, software-as-a-service, and network effects, with a platform philosophy and hands-on support via an in-house Platform+ team that provides growth marketing, human resources, US business development, and networking assistance from day one. Typical investments range from a few hundred thousand euros up to about three million euros, with a preference for minority stakes up to around 20% and for taking co-entrepreneurial operational roles for six months to a year. Speedinvest was founded in 2011 and is known for combining capital with hands-on operational support to help portfolio companies scale.

People Ventures, founded in 2016 and based in Taastrup, Denmark, is focused on developing early-stage technology startups across various industries, including digital health, enterprise software, and SaaS. The firm collaborates with a diverse team of co-founders, investors, executives, engineers, academics, and industry experts to support entrepreneurs in building successful businesses. By providing essential resources, strategic guidance, and operational execution, People Ventures aims to foster innovation and drive the growth of promising technology companies.

Founded in 2003, Creandum is a Stockholm-based early-stage venture capital firm focusing on innovative technology companies across Western Europe and North America. The firm supports founders by providing not only capital but also operational expertise and a robust network built over years in the industry.

Idekapital is an Oslo-based venture capital firm investing in rapidly growing Norwegian technology companies across seed, early and growth stages. It focuses on information technology, software and business products and services sectors in Norway and provides growth equity, strategic advice and scale-up support to entrepreneurs.

GGV Capital is a global venture capital firm that invests in technology companies across various stages and sectors. Established in 2000, the firm has offices in Silicon Valley, Singapore, and Beijing, providing expansion capital ranging from $5 to $25 million for initial investments. GGV Capital focuses on companies operating in the U.S., China, India, Southeast Asia, Japan, Australia, Europe, and Israel.

Established in 2019, IDC Ventures is a global venture capital firm focusing on FinTech and marketplace startups. It invests in Series A to growth-stage companies across Europe, the US, and Latin America, with a primary focus on Brazil and Mexico.

byFounders is a venture capital firm founded in 2017 and based in Copenhagen, Denmark. It invests in early‑stage technology companies across the Nordic and Baltic regions, providing capital and practical support to founders seeking to build globally ambitious businesses. The organization is a collective of accomplished entrepreneurs who invest in and mentor the next generation of startups, operating on a founder‑centric ethos described as for founders, byFounders. Its focus includes information technology and related tech sectors, with a hands‑on approach that helps portfolio companies scale and navigate the regional ecosystem through active involvement in growth strategy and governance.

14W is a venture capital firm founded in 2010 and based in New York, New York. The firm specializes in investing in sectors such as healthcare, software, and marketplaces, with a focus on companies that enhance accessibility, efficiency, and connectivity. With a global presence that includes teams in London and Madrid, 14W aims to partner with exceptional founders who are disrupting traditional industries and creating new categories across North America and Europe. The firm is also a Registered Investment Adviser, emphasizing its commitment to thoughtful and conviction-driven investment strategies.

CIBC Innovation Banking is a division of CIBC that serves entrepreneurs and investors in the innovation economy. Backed by CIBC, it offers financial capital, a broad network of connections, and insightful service to help growth-oriented companies and their investors secure funding, form partnerships, and scale operations. The bank's team combines capital solutions with practical guidance and access to a wide ecosystem of industry partners to support startups and venture-backed businesses through key growth stages.

Sweet Capital is a venture capital firm established in 2015 by the founders of King.com following the Candy Crush sale to Activision Blizzard. Based in London and Stockholm, it focuses on early-stage investments in consumer and mobile technology, partnering with entrepreneurs to develop, launch, and scale new ventures.

Founded in Athens, Greece in 2016, VentureFriends is a venture capital firm investing predominantly in Europe. It focuses on seed-stage tech-enabled B2C and B2B startups with a sustainable competitive advantage, particularly in PropTech, FinTech, Marketplaces, and SaaS sectors.

Educapital is a Paris-based venture capital firm founded in 2017 that invests in early-stage edtech companies across Europe and Israel. It combines strong financial and entrepreneurship backgrounds to back innovative education technology firms with high potential to scale into European and global leaders. The firm supports its portfolio companies with access to a large edtech community and pursues impact investments in education.