12.01.2023

Deal |

2023

Danish blade protection firm Polytech wins €135m backing

Founded: 1994

Investment Raised: EUR 135M €

Valuation Remains Undisclosed

Investors: FSN Capital Partners (https://www.fsncapital.com/en/) Verdane (https://verdane.com/)

09.01.2023

Deal |

2023

Denmark’s Evosep bags €37.4M to advance the use of proteins in clinical diagnosis

Founded: 2016

Investment Raised: EUR 37.4M €

Valuation Remains Undisclosed

Investors: Novo Holdings (https://www.novoholdings.dk/)

15.12.2022

Deal |

2022

MinervaX announces 72M EUR financing to advance development of novel vaccine against Group B Streptococcus

Founded: 2010

Investment Raised: EUR 72M €

Valuation Remains Undisclosed

Investors: Adjuvant Capital (https://adjuvantcapital.com/) Industrifonden (https://industrifonden.com/) LF Investment (https://www.cysec.gov.cy/en-GB/entities/investment-firms/cypriot/72454/) Pureos Bioventures (https://www.pureosbio.com/) Repair Impact Fund (https://www.repair-impact-fund.com/) Sanofi Ventures (https://www.sanofiventures.com/) Sunstone Life Science Ventures (https://sunstone.eu/) Trill Impact (https://www.trillimpact.com/) Wellington Partners (https://wellington-partners.com/)

07.12.2022

Deal |

2022

IKEA-backed NORNORM bags €110M to bring the circular economy to workspaces

Founded: 2020

Investment Raised: EUR 110M €

Valuation Remains Undisclosed

Investors: Inter Ikea (https://www.inter.ikea.com/) Philian Invest (https://nordic9.com/companies/phillian-ab-investor4805922259/) Verdane (https://verdane.com/)

14.09.2022

Deal |

2022

After demonstrating 5x year on year growth, Podimo just keeps on going, investors pile on another €58.6 million

Founded: 2019

Investment Raised: EUR 58.6M €

Valuation Remains Undisclosed

Investors: 83North (https://www.83north.com/) Chr. Augustinus Fabrikker (https://augustinusfabrikker.dk/) Headline (https://headline.com/) Heartcore Capital (https://www.heartcore.com/) Highland Europe (https://www.highlandeurope.com/) Saban Ventures (https://www.sabanventures.com/)

14.09.2022

Deal |

2022

Monta mounts up for North American expansion with €30 million raise

Founded: 2020

Investment Raised: EUR 30M €

EUR 125M

Valuation

Investors: byFounders (https://www.byfounders.vc/) Creandum (https://www.creandum.com/) Energize Ventures (https://www.energize.vc/) Headline (https://headline.com/) Pale Blue Dot (https://paleblue.vc/)

01.09.2022

Deal |

2022

Ecommerce brand Motatos lands €38 million to tackle growing food waste problem

Founded: 2013

Investment Raised: EUR 38M €

Valuation Remains Undisclosed

Investors: Blume Equity Edastra Venture Capital (https://www.edastra.com/) EXOR N.V. (https://www.exor.com/) Gullspång Re

07.06.2022

Deal |

2022

Automated Sports Camera Startup Veo Raises $80 Million in Series C Funding

Founded: 2015

Investment Raised: USD 80M €

Valuation Remains Undisclosed

Investors: ATP (https://www.atp.dk/en/investing-pension-funds) Chr. Augustinus Fabrikker (https://augustinusfabrikker.dk/) Courtside Ventures (http://courtsidevc.com/) Seed Capital (https://seedcapital.dk/) Ventech (https://www.ventechvc.com/)

02.05.2022

Deal |

2022

Boosting decarbonisation in shipping, ZeroNorth adds $50 million to its kitty

Founded: 2020

Investment Raised: USD 50M €

Valuation Remains Undisclosed

Investors: A.P. Moller Holding (https://apmoller.com/) Cargill (https://www.cargill.com/about) PSG (https://www.psgequity.com/)

24.11.2021

Deal |

2021

Two-year-old audio platform Podimo raises $78m from London VCs

Founded: 2019

Investment Raised: USD 78M €

Valuation Remains Undisclosed

Investors: 83North (https://www.83north.com/) Chr. Augustinus Fabrikker (https://augustinusfabrikker.dk/en/) Headline (https://headline.com/) Heartcore Capital (https://www.heartcore.com/) Highland Europe (https://www.highlandeurope.com/) Possible Ventures (https://www.possible.ventures/) Saban Ventures

25.10.2021

Deal |

2021

Norlase secures USD 10.6M for its voice-controlled medical lasers

Founded: 2014

Investment Raised: USD 10.6M €

Valuation Remains Undisclosed

Investors: West Hill Capital (https://westhillcapital.co.uk/)

28.07.2021

Deal |

2021

Dixa raises $105M for its customer engagement platform; plans to quadruple its engineering team by 2022-end

Founded: 2015

Investment Raised: USD 105M €

Valuation Remains Undisclosed

Investors: General Atlantic (https://www.generalatlantic.com/) Notion Capital (https://notion.vc/) Project A Ventures (https://www.project-a.com/) Seed Capital (https://seedcapital.dk/)

15.07.2021

Deal |

2021

HelloFlow raises $1.6M in Seed Funding

Founded: 2020

Investment Raised: USD 1.6M €

Valuation Remains Undisclosed

Investors: Seedcamp (https://seedcamp.com/resource-content/vc/) Pre-Seed Ventures (https://preseedventures.dk/)

12.07.2021

Deal |

2021

Lunar raises €210m to reach unicorn status

Founded: 2015

Investment Raised: EUR 210M €

Valuation Remains Undisclosed

Investors: Heartland (https://www.heartlandvc.com/) Tencent (https://www.tencent.com/en-us/) Kinnevik (https://www.kinnevik.com/our-investments) Peter Mühlmann (https://www.linkedin.com/in/peter-holten-muhlmann/)

06.07.2021

Deal |

2021

Pleo becomes Denmark’s eighth unicorn with $150m raise

Founded: 2015

Investment Raised: USD 150M €

1,7B

Valuation

Investors: Bain Capital Ventures (https://www.baincapitalventures.com/) Thrive Capital (https://thrivecap.com/)

08.06.2021

Deal |

2021

Superb Raises €12M in Series A Funding

Founded: 2017

Investment Raised: EUR 12M €

Valuation Remains Undisclosed

Investors: Kinnevik AB (http://www.kinnevik.com/) Knight Capital (https://www.knight.capital/) Michael Conyers (http://www.seedcapital.dk/) Seed Capital Simple Feast Vivino (http://www.vivino.com/)

08.06.2021

Deal |

2021

Lenus Raises €50M in Series A Funding

Founded: 2016

Investment Raised: EUR 50M €

Valuation Remains Undisclosed

Investors: EQT Ventures (https://eqtventures.com/)

11.05.2021

Deal |

2021

Tiger Global leads the €24.7M Series B round of Copenhagen-based contract automation platform Contractbook

Founded: 2016

Investment Raised: USD 30M €

Valuation Remains Undisclosed

Investors: Bessemer Venture Partners (http://www.bvp.com/) byFounders (https://byfounders.vc/) Gradient Ventures (https://gradient.com/) Tiger Global Management (http://tigerglobal.com/)

06.05.2021

Deal |

2021

Nøie Raises $12M in Series A Funding

Founded: 2018

Investment Raised: USD 12M €

Valuation Remains Undisclosed

Investors: Inventure (http://www.inventure.vc/) Kristian Schrøder Hart-Hansen Talis Capital (http://www.taliscapital.com/) Thomas Ryge Mikkelsen

04.05.2021

Deal |

2021

Copenhagen’s virtual events platform Tame raises €4.6 million in seed round

Founded: 2016

Investment Raised: EUR 4.6M €

Valuation Remains Undisclosed

Investors: byFounders (https://byfounders.vc/) Mikkel Lomholt Sune Alstrup (Johansen) Ulrik Lehrskov-Schmidt VF Venture (https://www.eifo.dk/)

04.05.2021

Deal |

2021

Cytoki closes $45M series A to harness IL-22 signaling for epithelial repair

Founded: 2019

Investment Raised: USD 45M €

Valuation Remains Undisclosed

Investors: Ysios Capital (http://www.ysioscapital.com/) Seventure Partners (http://www.seventure.fr/) +ND Capital and Lundbeckfonden Emerge

09.03.2021

Deal |

2021

Danish insect pheromone startup BioPhero lands €14.2 million to replace chemical insecticides

Founded: 2016

Investment Raised: EUR 14.2M €

Valuation Remains Undisclosed

Investors: Syngenta Ventures (https://www.syngentaventures.com/) Novo Holdings (https://www.novoholdings.dk/) Thomas Grotkjær FMC Ventures and DCVC Bio

11.02.2021

Deal |

2021

Andreessen Horowitz, Balderton, GGV back the EUR 49.4M Series C funding round of this EdTech startup

Founded: 2011

Investment Raised: USD 60M €

Valuation Remains Undisclosed

Investors: Andreessen Horowitz (a16z) Balderton (https://www.balderton.com/) GGV (https://www.ggvc.com/)