Startup funding in Denmark 2026
January to September 2026. Data as of 23 October 2026.
Release
Total
Startups in Denmark raised $487M in 94 venture rounds from January to September 2026, 24th of 119 countries, according to FundingWatcher.
Without rounds of $100M or more
Denmark had no round of $100M or more in January to September 2026.
Largest round
The largest round was Breye Therapeutics in Hørsholm: $77M, Series A, in September 2026.
Cities
Copenhagen startups raised $266M, 54.6% of the national total, ahead of Hørsholm with $77M.
Early stage
Pre-seed, seed, angel and Series A rounds under $100M: 92 rounds, $376M.
Source
Source: FundingWatcher, startup funding by country and city 2026, https://fundingwatcher.com/research/startup-funding-by-country-2026/
Cities
| City | Rounds | Total | Under $100M | Rounds of $100M+ |
|---|---|---|---|---|
| Copenhagen | 52 | $266M | $266M | 0 |
| Hørsholm | 1 | $77M | $77M | 0 |
| Farum | 1 | $47M | $47M | 0 |
| Lyngby | 3 | $40M | $40M | 0 |
| Søborg | 2 | $17M | $17M | 0 |
| Frederiksberg | 7 | $11M | $11M | 0 |
| Aarhus | 6 | $7M | $7M | 0 |
| Odense | 2 | $7M | $7M | 0 |
| Allerød | 1 | $4M | $4M | 0 |
| Lundtofte | 1 | $3M | $3M | 0 |
| Hellerup | 1 | $2M | $2M | 0 |
| Åbyhøj | 1 | $2M | $2M | 0 |
Largest rounds
| Company | City | Round | Date | Amount |
|---|---|---|---|---|
| Breye Therapeutics | Hørsholm | Series A | 2026-09-29 | $77M |
| ADCendo | Copenhagen | Series C | 2026-04-14 | $75M |
| SUBRA A/S | Farum | Series A | 2026-04-10 | $47M |
| Bactolife | Lyngby | Series B | 2026-01-06 | $35M |
| Sparrow Quantum | Copenhagen | seed | 2026-02-17 | $24M |
| spektr | Copenhagen | Series A | 2026-04-15 | $20M |
| Reel Energy | Copenhagen | Series A | 2026-05-05 | $18M |
| Embankment | Copenhagen | Series A | 2026-01-19 | $17M |
| Performativ | Copenhagen | Series A | 2026-04-28 | $14M |
| Kvasir Technologies | Søborg | Series A | 2026-06-18 | $12M |
Method
94 rounds in Denmark in the FundingWatcher startup file: companies whose most recent round is a named stage, pre-seed and angel through Series J, dated January to September 2026. One round per company, the latest. Debt, grants, corporate rounds, private equity and secondary sales are not counted. 79 of the 94 rounds carry an amount. Method and data files: startup funding by country and city, 2026.
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