Brouky Score · 2026

Top VC Firms in Denmark

The 25 highest-scoring venture funds headquartered in Denmark, ranked from 49 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.

67
Median score / 110
across eligible firms
49
Eligible firms
5+ tracked investments
1,501
Tracked investments
in this market
25
Firms ranked
highest scoring
Sort by
1

FemHealth Ventures

Series BDenmark
Healthcare & Life SciencesSoftware & Developer ToolsConsumer, Lifestyle & Services
digital-healthbiotechportfolio-companydiagnosticsmedical-devicedrug-development+3 more

Invests in women’s health innovations defined as health conditions appearing only in women, mostly in women, and differently in women.

99/ 110Grade A

Investments

24

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
2

Climentum Capital

Series ADenmark
Energy, Environment & MobilityIndustry & HardwareSoftware & Developer ToolsArtificial Intelligence & DataConsumer, Lifestyle & ServicesCommerce & Marketing+3 more
environmentsustainabilityautomationhardwareanalyticsdata+3 more

Climentum Capital invests primarily in early to growth-stage startups in Denmark and Spain, focusing on deep tech and sustainable industrial innovations. They target ventures with scalable B2B and B2B2C models delivering breakthrough scientific advancements.

98/ 110Grade A

Investments

30

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
39 / 40
3

Copenhagen Ventures

Series ADenmark
Software & Developer ToolsHealthcare & Life SciencesConsumer, Lifestyle & ServicesFinance & BlockchainIndustry & HardwareCommerce & Marketing+3 more
life-sciencehospitalityhealthtechdigital-transformationsoftware-developmentweb-design+3 more

CVX Ventures invests in early-stage Danish startups with high growth potential, focusing on sectors like fintech, healthcare, and sustainability. They provide capital, strategic guidance, and access to a strong network of experienced entrepreneurs and business leaders.

97/ 110Grade A

Investments

67

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
28 / 30
Portfolio Outcomes
40 / 40
4

Nordic Food Tech

SeedDenmark
Energy, Environment & MobilityIndustry & HardwareSoftware & Developer ToolsConsumer, Lifestyle & ServicesCommerce & Marketing+2 more
foodtechcircular-economyfermentationplant-basedsustainabilityagritech+3 more

Invests in early-stage technology companies in the Nordics and Baltics aiming to radically renew the food system. Focuses on companies leveraging technology to solve problems in food and farming.

93/ 110Grade A-

Investments

37

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
36 / 40
5
Software & Developer ToolsConsumer, Lifestyle & ServicesHealthcare & Life SciencesFinance & BlockchainEnergy, Environment & MobilityIndustry & Hardware+3 more
automationaimachine-learningartificial-intelligencefinancial-softwaredata-analytics+3 more
91/ 110Grade A-

Investments

60

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
11 / 25
Deal Volume
30 / 30
Portfolio Outcomes
35 / 40
6

Seed Capital

SeedDenmark
Software & Developer ToolsFinance & BlockchainConsumer, Lifestyle & ServicesHealthcare & Life SciencesCommerce & MarketingEnergy, Environment & Mobility+3 more
fintechautomationaifinancial-servicesconsumercompliance+3 more

Seed Capital partners with Nordic entrepreneurs to invest from seed to exit, focusing on fintech, cybersecurity, B2B AI, consumer, deep tech, enterprise, fintech, and SaaS sectors.

88/ 110Grade A-

Investments

84

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
3 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
7

Sunstone Capital

Series ADenmark
Healthcare & Life SciencesSoftware & Developer ToolsConsumer, Lifestyle & ServicesArtificial Intelligence & DataFinance & BlockchainIndustry & Hardware+3 more
drug-developmenthealthcareoncologycancerpharmaceutical-developmentdigital-health+3 more

Sunstone invests in innovative European startups transforming traditional industries with technology, focusing on scalable SaaS and travel-related solutions across early and growth stages.

88/ 110Grade A-

Investments

83

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
3 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
8
Software & Developer ToolsConsumer, Lifestyle & ServicesHealthcare & Life SciencesFinance & BlockchainEnergy, Environment & MobilityIndustry & Hardware+3 more
automationaicloudconsumer-techmachine-learningartificial-intelligence+3 more

byFounders is a generalist tech venture capital fund investing in early-stage startups from the New Nordics region. It invests in people before ideas without a sector thesis.

86/ 110Grade A-

Investments

180

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
1 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
9

Hersir Ventures

SeedDenmark
Software & Developer ToolsHealthcare & Life SciencesFinance & BlockchainConsumer, Lifestyle & ServicesEnergy, Environment & Mobility+2 more
fintecheducationfinancial-technologytelemedicinecalisthenicsfitness-equipment+3 more

A Nordic venture capital firm investing deal by deal as syndicate lead through SPVs in early-stage tech-driven startups across the Nordics and Europe.

84/ 110Grade B+

Investments

17

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
15 / 30
Portfolio Outcomes
40 / 40
10

Heartcore Capital

Series ADenmark
Software & Developer ToolsConsumer, Lifestyle & ServicesHealthcare & Life SciencesCommerce & MarketingIndustry & HardwareFinance & Blockchain+3 more
aidigital-healthcommunityemployee-benefitshealthcarefintech+3 more

Heartcore backs European founders in early-stage tech ventures focusing on AI, deeptech, future of work, and climate solutions, aiming to support authentic, long-term partnerships.

83/ 110Grade B+

Investments

109

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
38 / 40
11
Software & Developer ToolsHealthcare & Life SciencesIndustry & HardwareArtificial Intelligence & Data+1 more
air-dalternative-proteinproductivity-softwareelectronic-warfarepayload+3 more
83/ 110Grade B+

Investments

18

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
24 / 40
12

Oncology Ventures

Series ADenmark
Healthcare & Life SciencesSoftware & Developer Tools
oncologycancer-careaihealthcareportfolio-companydata-platform+3 more

Oncology Ventures invests in innovative oncology and biotechnology companies primarily in late-stage rounds to accelerate development of novel cancer therapies and diagnostics, focusing on transforming patient outcomes and commercial growth.

81/ 110Grade B

Investments

18

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
22 / 40
13

Döhler Ventures

Series ADenmark
Consumer, Lifestyle & ServicesHealthcare & Life SciencesEnergy, Environment & MobilityIndustry & HardwareSoftware & Developer Tools+2 more
precision-fermentationbrain-healthdietary-supplementsmental-hygienestress-managementfunctional-drinks+3 more

Founded in 2014, Döhler Ventures is a venture capital firm based in Darmstadt, Germany. The firm prefers to invest in B2B, healthcare, information technology, e-commerce, food technology & health technology sectors.

80/ 110Grade B

Investments

34

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
21 / 40
14

Maj Invest

Series C+Denmark
Industry & HardwareConsumer, Lifestyle & ServicesSoftware & Developer ToolsHealthcare & Life SciencesFinance & Blockchain+2 more
analyticsdatadesignaiartificial-intelligencedata-centers+3 more

Maj Invest focuses on structural growth sectors including life sciences, technology, green energy transition, and financial inclusion. They invest as minority Private Equity & Venture Capital partners, aiming for strong financial returns and significant developmental impact by co-investing with validated partners in high-potential, ESG-focused companies.

79/ 110Grade B

Investments

21

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
20 / 40
15

FEAST Ventures

SeedDenmark
Consumer, Lifestyle & ServicesHealthcare & Life SciencesCommerce & MarketingSoftware & Developer Tools+1 more
foodd2corganicplant-basedmobile-appdiscovery-platform+3 more

FEAST Ventures likely invests in pre-seed stage companies in Denmark. They appear to focus on the Commerce & Marketing sector.

77/ 110Grade B-

Investments

20

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
21 / 30
Portfolio Outcomes
27 / 40
16

EIFO

SeedDenmark
Software & Developer ToolsIndustry & HardwareEnergy, Environment & MobilityHealthcare & Life SciencesConsumer, Lifestyle & ServicesArtificial Intelligence & Data+3 more
automationsustainabilitycloudenterprise-softwareenterpriseplant-based+3 more

EIFO is a Danish state-backed financing fund that provides financing to Danish companies at all stages of their development, including startups and scaling companies, with a focus on growth, green transition, innovation, defense, and internationalization.

76/ 110Grade B-

Investments

93

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
5 / 25
Deal Volume
30 / 30
Portfolio Outcomes
26 / 40
17

Eneco Ventures

SeedDenmark
Energy, Environment & MobilitySoftware & Developer ToolsConsumer, Lifestyle & Services
sustainabilityenergyanalyticsenvironmentenergy-managementcloud+3 more

Eneco Ventures invests primarily in early-stage Danish startups focused on energy innovation and sustainability, supporting technologies that facilitate the transition to clean energy with scalable B2B and B2B2C business models.

75/ 110Grade B-

Investments

19

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
18 / 30
Portfolio Outcomes
27 / 40
18
Software & Developer ToolsIndustry & HardwareEnergy, Environment & MobilityHealthcare & Life SciencesConsumer, Lifestyle & ServicesCommerce & Marketing+3 more
enterprisedataskill-developmentagritechdata-analyticsdigital-platform+3 more
75/ 110Grade B-

Investments

17

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
5 / 30
Portfolio Outcomes
40 / 40
19

Vækstpartner Kapital

Series ADenmark
Software & Developer ToolsConsumer, Lifestyle & ServicesEnergy, Environment & MobilityIndustry & Hardware+1 more
golfmaintenanceoperations-managementsafetyrankingsuser-generated-content+3 more

Vækstpartner Kapital is a private equity fund focused on Danish B2B growth companies with scalable technology. They invest growth capital and actively contribute to strategic initiatives and value creation.

73/ 110Grade C+

Investments

24

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
15 / 30
Portfolio Outcomes
27 / 40
20

Nordea

Series ADenmark
Finance & BlockchainSoftware & Developer ToolsEnergy, Environment & Mobility
sustainabilityfinancial-servicesfintechpaymentsdigital-platformenergy+3 more
73/ 110Grade C+

Investments

13

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
13 / 25
Deal Volume
11 / 30
Portfolio Outcomes
34 / 40
21

PreSeed Ventures

SeedDenmark
Software & Developer ToolsFinance & BlockchainConsumer, Lifestyle & ServicesIndustry & HardwareCommerce & MarketingEnergy, Environment & Mobility+3 more
fintechautomationsoftware-developmentaifinancial-servicesanalytics+3 more

Preseed Ventures invests in early-stage B2B companies, primarily in Denmark. They focus on software, developer tools, and fintech solutions.

71/ 110Grade C

Investments

40

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
6 / 25
Deal Volume
26 / 30
Portfolio Outcomes
24 / 40
22
Healthcare & Life SciencesSoftware & Developer Tools
drug-developmentinfectious-diseasesantibioticsclinical-stagebiotechhealthcare+3 more
71/ 110Grade C

Investments

13

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
15 / 30
Portfolio Outcomes
27 / 40
23

Morph Capital

SeedDenmark
Software & Developer ToolsEnergy, Environment & MobilityFinance & BlockchainIndustry & HardwareCommerce & MarketingConsumer, Lifestyle & Services+3 more
enterpriseapplication-securitycloud-securitycybersecuritydata-privacythreat-detection+3 more

Morph Capital invests primarily in early-stage Danish tech startups, focusing on pre-seed and seed rounds. Their portfolio includes SaaS and fintech companies aiming to innovate through scalable B2B and B2C solutions.

68/ 110Grade C-

Investments

18

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
9 / 30
Portfolio Outcomes
30 / 40
24

Upfin

Pre-SeedDenmark
68/ 110Grade C-

Investments

8

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
17 / 30
Portfolio Outcomes
22 / 40
25

SoundInvest

SeedDenmark
Software & Developer ToolsHealthcare & Life SciencesFinance & Blockchain
automationaicontent-creationapidevopsconsumer-fintech+3 more
67/ 110Grade C-

Investments

9

Portfolio Size

—

Exit Rate

—

Alive

—

Portfolio Status

Not enough tracked outcomes yet

Portfolio Liveness

No alive portfolio to assess

Score Breakdown

Size Fit
9 / 15
Venture Signals
14 / 25
Deal Volume
4 / 30
Portfolio Outcomes
40 / 40

Methodology

What the score measures, who is eligible, and what it deliberately excludes.

How is the Brouky score for Denmark calculated?
Each firm is scored out of 110 points across four measured components: portfolio outcomes (40), deal volume (30), risk adjustment (25) and cheque-size fit (15). The score is computed from tracked investments and portfolio company status. It is not editorial and firms cannot influence it.
Which firms are eligible for the Denmark ranking?
Venture and corporate venture funds headquartered in Denmark with at least 5 tracked investments. 49 firms qualify; the top 25 are listed. Angel investors, family offices, banks, accelerators and government vehicles are excluded because they are scored on a different basis and are not comparable.
How often is the ranking updated?
Scores are recomputed as new investments and portfolio outcomes are recorded, and this page refreshes daily.
My fund's data looks wrong. Can it be corrected?
Yes. Claim the fund's profile on Brouky to review the underlying investments and portfolio records, and the score updates from the corrected data.

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