Top VCs for Danish startups
Updated 23 Oct 2026
307
Startups in Denmark with investors recorded
31
VCs backing 3 or more
17 / 31
Of the top list based in Denmark
Venture capital firms
| # | Investor | Based in | Startups | Since 2024 | Best-funded companies |
|---|---|---|---|---|---|
| 1 | PSV | Lyngby, Denmark | 37 | 7 | Templafy, Veo, Dreamdata |
| 2 | Vaekstfonden | Hellerup, Denmark | 35 | 10 | MedTrace Pharma, Cerebriu, Reduced |
| 3 | Antler | Singapore, Singapore | 29 | 13 | Alcolase, Interhuman, PerPlant |
| 4 | Seed Capital | Copenhagen, Denmark | 26 | 1 | Dixa, Veo, Superb |
| 5 | Novo Holdings | Hellerup, Denmark | 10 | 5 | ADCendo, NMD Pharma, Acesion Pharma |
| 6 | Seedcamp | London, United Kingdom | 8 | 3 | Dreamdata, Light, spektr |
| 7 | Heartcore Capital | Copenhagen, Denmark | 8 | 0 | Templafy, Peakon, Layerise |
| 8 | Dreamcraft Ventures | Copenhagen, Denmark | 7 | 2 | Pie Systems, Hakio, proemial |
| 9 | People Ventures | Taastrup, Denmark | 6 | 2 | proemial, Tiimo, Sentispec |
| 10 | byFounders | Copenhagen, Denmark | 6 | 0 | Contractbook, Proper, AeroGuest |
| 11 | Founderment | Aarhus, Denmark | 5 | 2 | Cernel, Hakio, Relewise |
| 12 | Creandum | Stockholm, Sweden | 5 | 1 | Autobutler, Bucket, Monta |
| 13 | Morph Capital | Copenhagen, Denmark | 5 | 1 | Gray Matter AI, NORTHSTAKE, Kin, Personal AI |
| 14 | Dawn Capital | London, United Kingdom | 5 | 0 | Templafy, Autobutler, Medusa |
| 15 | Upfin | Copenhagen, Denmark | 4 | 4 | Performativ, Subsets, ZTLment |
| 16 | The Footprint Firm | Copenhagen, Denmark | 4 | 3 | Reel Energy, Kvasir Technologies, Octarine Bio |
| 17 | Headline | San Francisco, United States | 4 | 1 | Layerise, Monta, Leapwork |
| 18 | Nordic Eye Venture Capital | Copenhagen, Denmark | 4 | 0 | Plecto, Coinify, Zliide |
| 19 | Project A Ventures | Berlin, Germany | 4 | 0 | Dixa, Bucket, Growblocks |
| 20 | Ugly Duckling Ventures | Copenhagen, Denmark | 3 | 3 | Moxso, Juristic, Unioo |
| 21 | West Hill Capital | London, United Kingdom | 3 | 2 | Formalize, Moneyflow, AddiFab |
| 22 | Atomico | London, United Kingdom | 3 | 1 | Peakon, Light, Ge.tt |
| 23 | Cherry Ventures | Berlin, Germany | 3 | 1 | Light, Fullview, Weld |
| 24 | Nordic Makers | Stockholm, Sweden | 3 | 1 | Pluto.markets, Tjommi, CluedIn |
| 25 | Seier Capital | Berne, Switzerland | 3 | 1 | Kin, Personal AI, Tricent, String Learning |
| 26 | SOSV | Princeton, United States | 3 | 1 | Sundew, Nature Preserve, Cellari |
| 27 | The Aventures | Copenhagen, Denmark | 3 | 1 | NORTHSTAKE, Kin, Personal AI, Frankly Insure |
| 28 | CAPNOVA | Aarhus, Denmark | 3 | 0 | NMD Pharma, UnitPal, Water Surveillance |
| 29 | Founders | Copenhagen, Denmark | 3 | 0 | Maguru, Pipetop, Tobi |
| 30 | Kjøller | Dubai, United Arab Emirates | 3 | 0 | kompasbank, DIGURA, GroupCam |
| 31 | SEB Venture Capital | Stockholm, Sweden | 3 | 0 | Capres, Coinify, Leneo |
Venture capital firms by startups in Denmark in their portfolio. Source: FundingWatcher. Data as of 23 October 2026. Base: 307 startups.
Accelerators, incubators and public funders
| # | Investor | Type | Based in | Startups | Since 2024 |
|---|---|---|---|---|---|
| 1 | Export and Investment Fund | Government investment office | Hellerup, Denmark | 26 | 16 |
| 2 | Innovation Fund Denmark | Government investment office | Copenhagen, Denmark | 15 | 7 |
| 3 | Accelerace | Startup accelerator, Venture capital firm | Copenhagen, Denmark | 13 | 5 |
| 4 | Y Combinator | Startup accelerator | Mountain View, United States | 10 | 6 |
| 5 | Startupbootcamp | Startup accelerator | London, United Kingdom | 6 | 0 |
| 6 | Rockstart | Startup accelerator, Venture capital firm | Amsterdam, The Netherlands | 5 | 2 |
| 7 | European Innovation Council | Startup accelerator, Venture capital firm | Brussels, Belgium | 4 | 1 |
| 8 | BioInnovation Institute Venture Lab | Startup accelerator | Copenhagen, Denmark | 3 | 2 |
| 9 | Blazar Capital | Startup incubator, Venture capital firm | Copenhagen, Denmark | 3 | 1 |
| 10 | Techstars | Startup accelerator, Venture capital firm | New City, United States | 3 | 0 |
Accelerators, incubators and government investors by startups in Denmark. Source: FundingWatcher. Data as of 23 October 2026. Base: 307 startups.
Method
A startup counts for an investor when the investor is among the investors recorded for the company across all its rounds. The startups are companies headquartered in Denmark whose most recent round is pre-seed, seed, angel or Series A through J. "Since 2024" counts the companies whose most recent round is dated 1 January 2024 or later. Venture capital firms are investors typed as venture capital or micro VC and not also as accelerator, incubator or government office. An investor needs 3 companies to be ranked. Ties go to the higher count since 2024. Best-funded companies are the three with the most total funding.
Other countries
United States3,096
China574
United Kingdom438
Germany303
India263
Canada227
France219
Israel168
Singapore166
South Korea137
Japan130
Brazil111
Australia102
Spain84
The Netherlands78
Switzerland66
Mexico54
Indonesia47
Poland45
Sweden44
United Arab Emirates40
Turkey40
Italy36
Finland36
Saudi Arabia28
Belgium26
Cite: FundingWatcher, top vcs for danish startups, 23 October 2026. https://fundingwatcher.com/investors/top/denmark/