SEED Capital is a Copenhagen-based Danish venture capital firm that backs early-stage technology companies in Denmark and the Nordic region. Over more than a decade, it has built a portfolio of software, IT, TMT, healthcare and consumer technology firms, supporting founders with strategic guidance, fundraising and scaling in addition to capital. The firm typically invests in the early to late seed range, with ticket sizes in the multi-million Danish krone range, and manages multiple funds focusing on Denmark and Nordic markets (including Denmark II, III and IV). Notable portfolio companies include Trustpilot, Vivino, Lunar, Templafy, Dixa and Forecast.

Novo Nordisk is a global healthcare company focused on discovering, developing, and delivering medicines for serious chronic diseases, with a core emphasis on diabetes care. The organization produces and distributes insulin and other therapies aimed at treating diabetes and related conditions, while investing heavily in scientific research and biopharmaceutical innovation. Through partnerships and sustained commitments to accessibility, Novo Nordisk seeks to improve patient outcomes and support health systems worldwide. The company operates across many markets, supported by its production of insulin pens and a broad portfolio addressing obesity, rare blood and endocrine disorders, and other chronic diseases. It pursues long-term social responsibility and sustainability as integral to its business model.

PSV is an early-stage Nordic venture house established around three independent units: PSV Foundry, PSV Tech and PSV Hafnium, sharing a patient-capital ethos to help founders build meaningful deep-tech companies. Rooted at DTU and operating as a state-funded tech investor in Denmark, PSV supports more than 450 founders over two decades and maintains visibility into about 98% of the market to spot trends. It backs pioneering scientists, engineers and entrepreneurs across life sciences, information technology, advanced manufacturing and clean technology, with an emphasis on hands-on operational support and long-term partnerships. Beyond capital, PSV offers capabilities in brand and communications, legal, finance, people and culture, and ESG and impact integration tailored to each journey from first proof to global scale, focusing on sustainable growth and follow-on funding for portfolio companies across Denmark and the Nordic region.

Vaekstfonden, the Danish Growth Fund, is a government organization in Denmark that strengthens access to venture capital for Danish companies to foster innovation, growth and jobs. It finances companies nationwide across sectors in collaboration with banks and domestic and international private investors, supporting them through their lifecycle—from inception and growth to expansion abroad and initial public offering.

Dreamcraft Ventures is a Copenhagen-based venture capital firm founded in 2019 that invests in European tech-driven companies from pre-seed to Series A. The firm focuses on B2B, SaaS, and fintech sectors across the Nordics and Europe. Dreamcraft positions itself as venture engineers who support founders through engagements that go beyond traditional advice, aiming to accelerate growth by combining strategic guidance with hands-on collaboration.

The Footprint Firm is an advisory and investment company focused on sustainability and impact. Founded in 2019 and based in Copenhagen, Denmark, it operates across the Nordic region, pursuing opportunities to translate sustainability ambitions into strategic advantages for established companies and to back startups developing scalable, sustainable solutions. The firm works across multiple sectors, including food, construction, materials, and technology, with an industry-agnostic stance aimed at supporting the transition economy. It emphasizes collaboration, transparency, and value creation through responsible growth and climate-related goals.

Morph Capital is a Copenhagen-based venture capital firm that backs early-stage startups across finance, technology and beyond. Founded in 2018, the firm concentrates on sectors such as fintech, health tech, legal tech, blockchain, advanced manufacturing, infrastructure, e-commerce, ride-sharing and virtual reality, with a preference for founders-first collaboration. Morph provides hands-on support beyond capital, helping with infrastructure, growth planning, strategy, hiring, legal work and fundraising activities, and it partners closely with portfolio teams to co-create roadmaps and share risk. The firm emphasizes a long-term mindset and values Patience, Meritocracy and Commitment, aiming to build blueprints for startup success over a 25-year horizon. The Morph approach combines practical guidance, a supportive founder community, and a dedicated platform—the Morph House founder hub—to foster knowledge sharing and deep partnerships with early-stage companies as they scale.

Óskare Capital is a venture capital firm founded in 2020 and headquartered in Paris and London. It specializes in venture-stage and early-stage investments in the deeptech and life sciences sectors, backing startups at the forefront of scientific and technological innovation.

2xN is a London-based venture capital firm founded in 2021 that focuses on technology startups, with emphasis on deeptech and quantum-inspired technologies, and investments in mobility, edtech, and marketplaces. It supports early-stage ventures by providing capital and strategic guidance to help turn research-driven ideas into scalable products and services, aiming to advance innovations at the intersection of advanced technologies and practical applications.

Den Sociale Kapitalfond is a private equity and venture capital firm based in Copenhagen, Denmark. It specializes in social investment, supporting Danish social entrepreneurs and enterprises that aim to improve social outcomes while delivering economic performance. The firm focuses on small and medium-sized companies and also invests in social impact bonds, providing capital and strategic guidance to scale social impact. It runs an accelerator program and maintains an international network of organisations and experts working with social ventures, impact measurement, and social venture capital. The organization seeks to foster growth within Denmark and has an office in Aarhus in addition to its Copenhagen base.

KRING is a Copenhagen-based startup studio that co-creates and launches companies, with a focus on sustainable development goals. The organization partners with entrepreneurs and corporates to develop solutions that address real end-user needs in health and well-being, affordable and clean energy, and related SDG areas, leveraging its venture-building expertise and in-house impact funds. It supports early-stage ventures, primarily in pre-seed stages, and seeks startups with strong alignment to KRING's portfolio, aiming for rapid, value-driven execution. Located in Denmark, KRING operates as a venture studio and impact investor, offering co-founder-like collaboration and strategic partnerships to build scalable businesses around meaningful social and environmental impact.

Upfin is a specialized early-stage fintech investor. The firm is connected to Upfin Management, a Copenhagen, Denmark-based venture capital firm founded in 2022 that makes early-stage investments in finance technology companies.

Underground Ventures is a Copenhagen-based venture capital firm founded in 2024 that provides venture capital to early-stage geothermal energy technology companies.

The Aventures is a Copenhagen-based venture capital firm founded in 2021 that targets deep-tech startups at pre-seed and seed stages. The team comes from strong technical backgrounds in cloud infrastructure, data science, physics, machine learning, software development and business development. The firm acts as an active partner, leveraging its technical expertise to support founders and help bridge the knowledge gap between deep-tech ventures and traditional investors.

Lundbeckfonden is a non-profit foundation based in Copenhagen, Denmark, established in 1954. Its main objective is to maintain and expand the activities of the Lundbeck Group and to provide financial support for research in biomedical and natural sciences. The foundation's assets are managed by a board of directors and it operates under the supervision of the Danish Civil Affairs Agency.

Kinnevik is a Sweden-based investment company focused on digital consumer businesses and technology-enabled growth. It acts as an active owner and partner, providing patient capital to founders and management teams across Europe and the United States to scale healthcare, software, climate, and related sectors. Founded in 1936 by the Stenbeck, Klingspor, and von Horn families, Kinnevik seeks to create long-term shareholder value by building well-governed companies that deliver growth and positive social impact. The firm engages with portfolio companies to support governance, strategy, and scale.

DSM Venturing is the corporate venture capital arm of Royal DSM, established in 2001 and headquartered in Heerlen, Netherlands. The firm focuses on investing in start-up companies that develop innovative products and services within the life sciences sector, which encompasses both animal and human health and nutrition. Over the years, DSM Venturing has invested in more than fifty emerging companies across the United States, Europe, and Israel. Its primary objective is to generate strategic options and enhance value for DSM and its broader ecosystem while achieving sustainable venture-grade investment returns.

Crowberry Capital is a Nordic venture capital firm based in Reykjavik with additional offices in Copenhagen and Stockholm. The firm provides seed and early-stage funding to technology startups across the Nordics, aiming to back teams with strong technology advantages and the potential to build global companies. Crowberry emphasizes a hands-on, follow-through approach and active portfolio support from pitching through due diligence to signing and beyond, with a philosophy of investing in founders who can create ventures that are good for people. The firm has managed multiple funds, including Crowberry II, a €90 million second fund backed in part by InnovFin Equity with Horizon 2020 support, and Crowberry I in Northern Europe. Initial ticket sizes typically range from €200,000 to €2,000,000, and the team evaluates opportunities across sectors such as gaming, SaaS, health tech, fintech, data analytics, AI, healthcare, energy, and consumer products. Crowberry maintains a global outlook, with experience across several countries, and seeks to identify bold founders tackling real-world problems.

QAI Ventures is a global venture capital firm focused on advancing quantum technologies, quantum AI, and advanced computing. Based in Basel Land, Switzerland, it invests across stages from pre-seed to Series C and supports portfolio companies through funding, accelerator programs, and corporate solutions to bridge research and market applications. The firm combines expertise in quantum and artificial intelligence with startup infrastructure access and a broad global network to accelerate commercial deployment of quantum and AI-enabled computing. It emphasizes an ecosystem approach, fostering collaboration, supporting founders, and building a global quantum community to drive long-term value across industries.

Creandum is a Stockholm-based European early-stage venture capital firm that invests in innovative technology and consumer goods companies across Western Europe and North America. Founded in 2003, the firm provides capital, operational expertise, and a broad industry network to help portfolio companies grow from seed to exit. Its advisory teams operate from offices in Stockholm, London, Berlin, and San Francisco and have supported notable tech companies such as Spotify, Klarna, Depop, Trade Republic, Pleo, and neo4j.

Unconventional Ventures is a Nordic early-stage venture capital firm based in Copenhagen that backs scalable technology startups at the pre-seed and seed stages. It prioritizes founders who are underrepresented, including women, LGBTQ individuals, people of color, and immigrants, and focuses on opportunities within Nordic and European markets with potential for global expansion. The firm emphasizes the convergence of climate, technology, and social impact, supporting portfolio companies with strategic guidance and access to an extensive network to help them scale. Its investment approach combines transparent, impact-driven aims with the goal of delivering meaningful financial returns for investors and positive social outcomes.

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.

The European Innovation Council is a Brussels-based European Union organization established in 2018 to support deep‑tech innovation by helping startups, researchers and technology transfer activities move ideas toward market. It operates a portfolio of programs including Pathfinder, Accelerator, Transition, STEP Scale Up and Pre-Accelerator, and collaborates with partners to provide funding, mentorship and resources across the innovation lifecycle. The council emphasizes high-impact, science‑driven technologies with broad societal benefit and promotes inclusion, with initiatives to involve women‑led projects. It engages the wider ecosystem through awards, events and community initiatives and monitors impact through data platforms. By coordinating with private investors and other stakeholders, it aims to accelerate the scale-up of European deep‑tech firms and strengthen Europe’s position in global technology leadership.

Seedcamp is a London-based European seed-stage investor and accelerator that backs founders from Day One with hands-on support, unfiltered advice, and a global network. It identifies and invests in early-stage technology teams tackling large, global markets, providing immediate access to smart capital and a lifelong community to accelerate growth. Seedcamp supports portfolio companies across fintech, AI, space manufacturing and other sectors, with a track record that includes notable companies such as Wise, Revolut, Sorare and Synthesia, among hundreds of startups benefiting from its ecosystem.

Socii Capital is a San Francisco-based venture capital firm focused on software-enabled digital infrastructure. It invests in companies building digital infrastructure and related sectors, including digital banking, automation and productivity, smart transportation, financial technology, insurance, security, transportation, and urban planning, and partners with mission-driven entrepreneurs to develop software-driven infrastructure that supports future societal and economic systems.

Builders VC is a San Francisco-based venture capital firm that makes early- and growth-stage investments in technology-enabled companies across consumer, construction and real estate, life sciences, healthcare, agriculture, and industrials. It pursues opportunities where technology enables new business models to modernize legacy industries and addresses complex, mission-critical problems. The firm supports portfolio founders with data-driven, AI-enabled solutions and hands-on operator partnerships to improve execution, scale operations, and navigate industry challenges.

Green Visor Capital is a venture capital firm established in 2013 that backs early-stage fintech and financial services companies in the United States. It emphasizes a socially responsible approach to technology-enabled financial services and aims to generate substantial value for shareholders. The firm is led by general partners including Joe Saunders, former Chairman and CEO of Visa, and focuses on supporting entrepreneurs with innovative financial technology solutions.

People Ventures is a Copenhagen-based venture capital firm established in 2016 that invests in early-stage technology companies across digital health, enterprise software, and SaaS, with an industry-agnostic approach and a hands-on ethos supported by a team of co-founders, investors, executives, engineers, academics and industry experts to help shape and grow businesses.

MIG is a Munich-based venture capital firm founded in 2004 that invests in European deep tech and life sciences, including AI and machine learning, quantum technologies, digitalization and IoT, biotech therapeutics, medical technology and digital health. The firm backs startups across a broad range of stages and provides capital, strategic support and a network to help founders scale globally.

North-East Venture is the corporate venture capital arm of the North-East family office, based in Copenhagen, Denmark. Founded in 2013, it operates as a multi-stage investor focused on fintech, e-commerce and online marketplaces, consumer lifestyle and sustainability, and advanced technologies such as artificial intelligence, virtual reality, and augmented reality.

New Commerce Ventures is a Tokyo-based venture capital firm founded in 2022 that focuses on commerce-related startups. It invests in brands, marketplaces, retail, distribution of goods, services, and content across seed and early-stage rounds.

Science is a Santa Monica based venture capital firm and platform that builds and invests in consumer brands and technology startups. It identifies entrenched markets and societal shifts to back disruptive companies, leveraging its platform to uncover trends and nurture brands from inception to growth. Founded in the early 2010s, it has co-founded and invested in more than 60 companies across sectors including e-commerce, media, data services, fintech, gaming, IoT, and retail. The firm participates in seed through later-stage rounds and operates primarily in the United States, with activity extending to India in technology investments. Leadership includes General Partners Michael Jones, Peter Pham, and Greg Gilman, along with senior professionals across finance, operations, and growth, all focused on building the next wave of consumer giants and driving technology-driven opportunities.

Best Nights VC is the corporate venture capital arm of Mast-Jägermeister, focused on fostering innovation in nightlife and entertainment by investing in consumer technology startups globally. It supports early-stage ventures from pre-seed to Series A, with ticket sizes between $300,000 and $1,000,000, prioritizing ideas that enhance real-world connections and in-person experiences. The firm's portfolio spans platforms for event-based social networking, venue-musician connections, and hospitality solutions, reflecting a commitment to bold ideas that reshape how people come together. With a global reach across multiple continents, Best Nights VC backs founders who reimagine nightlife and aim to create engaging, community-driven experiences.

MATH Venture Partners is a Chicago-based venture capital firm founded in 2014 that focuses on early- to middle-stage technology companies in the United States and Canada. The firm takes a hands-on approach, forming deep partnerships with entrepreneur teams and prioritizing customer acquisition, coachability, disciplined processes, and talented teams. Its managing directors are serial entrepreneurs and mentors who guide portfolio companies toward growth and exits. The investment scope covers sectors including e-commerce, hardware-enabled software, marketplaces, software as a service, tech-enabled services, and transactional businesses. The firm emphasizes collaboration with founders to build scalable businesses and has a track record of supporting companies through growth to successful outcomes.

Nordic Makers is a seed-stage, hands-on venture capital firm focused on B2B software startups in the Nordics. Founded by experienced Nordic entrepreneurs, it operates from Stockholm and invests its own capital in pre-seed to seed-stage companies, typically offering €500k to €1m with follow-on capacity and founder-led support. The firm actively works with portfolio companies to help them reach the next growth stage and emphasizes a founder-centric, pragmatic approach, drawing on a network of regional technology executives and investors.

Coral Capital is a Tokyo-based venture capital firm established in 2019 that invests in early-stage startups across Japan, with a focus on information technology and software-as-a-service. It backs companies pursuing digital transformation in areas such as SaaS, fintech, insurance, healthcare, deep tech, fusion engineering, and robotics. The firm targets angel, pre-seed, seed, and other early-stage opportunities, typically investing about 30 million to 500 million yen per portfolio company, with potential follow-on funding up to 2 billion yen. Coral Capital provides a full-service approach to investing and concentrates on opportunities within Japan.

Speedinvest is a European venture capital firm headquartered in Vienna that operates across six offices in Europe, the Middle East and beyond. It backs founders from pre-seed to growth through sector-focused investment teams and provides day-one access to a global network of corporate customers, experts and follow-on investors to help scale faster. The firm focuses on six verticals—AI and infrastructure, climate and industrial tech, deep tech, fintech and DeFi, health and bio, and marketplaces and consumer—and supports portfolio companies from initial funding through subsequent rounds. Speedinvest actively engages with its companies, leading a large share of initial investments and maintaining a high level of follow-on activity, with notable portfolio companies including Bitpanda, Moove, Tide, GoStudent and cylib. The firm operates across Europe and beyond, aiming to unlock momentum for builders through the power of more and to help them scale smarter and faster.

FinTech Collective is a New York-based venture capital firm founded in 2012 with offices in New York City and London that backs early-stage fintech and related technology companies. It targets seed to Series B investments across financial services, information technology, software as a service, B2B payments, blockchain and cryptocurrency, and other infrastructure to improve how money moves and how financial services operate. Guided by partners with hands-on fintech experience, the firm provides active support to founders and portfolios across capital markets, wealth and asset management, banking, lending, payments, and insurance. Its global portfolio spans incumbents and startups such as MoneyLion, NYDIG, Ocrolus, Flutterwave, and other fintech and infrastructure firms. FinTech Collective also shares industry insights through its fintech-focused publications and research.

Ugly Duckling Ventures is a venture capital firm headquartered in Copenhagen, Denmark, that supports Nordic startups at seed and pre-seed stages by providing capital, know-how, and real-world application. It targets technology-driven companies across B2B, hardware, and software as a service, including sectors such as Medtech, Resilience Tech, and Business Services, and offers strategic guidance to help translate ideas into commercial products.

IdeKapital is a venture capital firm based in Oslo, Norway, founded in 2016. It invests in rapidly growing Norwegian technology companies across stages, including seed, early, and growth, with a focus on software, information technology, and related services. The firm provides growth equity and offers strategic advice and scale-up support to entrepreneurs to help them expand operations and scale their businesses.

Project A Ventures is a Berlin-based early-stage venture capital firm founded in 2012 that provides both capital and hands-on operational support to technology startups across Europe, focusing on seed and Series A rounds and a broad range of tech sectors including software, fintech, e-commerce, digital health, and related fields; the firm leverages a network of more than 100 experts in software engineering, business intelligence, marketing and recruiting to help portfolio companies scale, and has backed notable startups such as Trade Republic, sennder, KRY, Catawiki, WorldRemit, Spryker and Voi.

Scale Capital is a Danish venture capital firm based in Copenhagen that backs Nordic and Northern European B2B technology startups from seed to Series A, with a focus on AI, digital health, cloud, cybersecurity, fintech, SaaS, and related enterprise technologies. The firm operates with a hands-on approach, helping portfolio companies validate business models and scale, including pursuing opportunities in the United States. It maintains an international footprint with offices in Copenhagen and New York, and a presence in Silicon Valley to support go-to-market and global expansion.

A.GAIN is a global investment platform and venture arm of IDC Network, headquartered in Copenhagen, Denmark. It backs founders and managers across technology, fintech, marketplaces, digital assets, and the experience economy, with a high-conviction, hands-on approach and co-investment alongside LPs. The firm manages about $1 billion in assets, has backed over 75 portfolio companies, and operates across the United States, Latin America, and Europe with a team of around 45 professionals across six countries.

Balderton Capital is a London-based venture capital firm that focuses on early-stage through growth investments in European technology companies. It backs founders across multiple rounds, providing strategic guidance, access to a network of seasoned executives and professional service providers, and support through workshops and community events. The firm targets sectors including fintech, software, healthcare technology, consumer tech, and related services, and has a track record dating back to 2000. Balderton emphasizes long-term partnerships and founder wellbeing, offering resources to promote mental and physical health alongside its deep European expertise. Through its portfolio and networks, Balderton aims to help companies scale from seed to IPO across Europe.

VentureFriends is a European venture capital firm based in Athens, Greece, that backs early-stage founders across Europe and the Middle East and North Africa region. It focuses on tech-enabled startups at pre-seed and seed stages, including fintech, proptech, marketplaces, B2B software as a service, big data and enterprise technology, with typical initial investments in the hundreds of thousands to several million euros and follow-on capacity as companies grow. Founded in 2016, VentureFriends manages multiple funds and provides hands-on, founder-first support, leveraging a broad network to help category-defining companies scale, with a portfolio spanning numerous countries.

Notion Capital is a London-based venture capital firm founded in 2009 that focuses on early-stage investments in B2B software and enterprise technologies across Europe, North America, and Asia-Pacific. It specializes in cloud computing and SaaS, backing founder-led companies with high growth potential and helping them scale from initial traction to significant revenue. The firm targets sectors including software as a service, cybersecurity, fintech, AI-driven tools, and other business software applications, partnering with founders to accelerate growth through strategic support, resources, and networks. Notion emphasizes long-term relationships and value creation by leveraging its experience in scaling software companies and its strategic understanding of startup stages.

Capnova is an investment and development company in Denmark that provides capital, business experience and a strong network to help turn innovative ideas into successful businesses. It serves across Denmark with offices in Aarhus, Roskilde, Copenhagen, Viborg and Kalundborg. Established in 1998 as a venture investor, Capnova has invested in digital technologies, games, food tech, life science, industrial technologies and cleantech, supporting startups through early growth and scale, combining funding with hands-on support and network access.

Sweet Capital is a venture capital firm established in 2015 by the founders of King.com, based in London with a presence in Stockholm, focusing on early-stage technology investments in consumer and mobile sectors and partnering with entrepreneurs to develop, launch, and scale new ventures; it invests its own capital and leverages the founders’ extensive experience and networks across the US and Europe, including a track record in mobile gaming, to support growth and execution.

Heartcore Capital is a European venture capital firm founded in 2007 in Copenhagen, Denmark, originally known as Sunstone Capital. It backs seed, early-stage and growth startups across Europe and, occasionally, the United States, with a focus on consumer technology and direct-to-consumer brands, as well as B2B2C models. The firm emphasizes founder-centric, long-term partnerships and provides strategic guidance and follow-on financing to help teams scale. It operates from offices in Copenhagen, Berlin and Paris and has backed more than 100 founding teams, managing over €700 million in assets. Its portfolio includes category-defining consumer internet brands such as TravelPerk, Tink, Neo4j, Boozt and Seriously.

14W is a venture capital firm that funds companies across healthcare, software, and marketplaces, with an emphasis on consumer mobile, web, e-commerce, and media sectors. Led by Alex Zubillaga, the firm maintains teams in New York, London, and Madrid and makes investments across North America and Europe, partnering with founders to build disruptive, category-defining businesses.