Brouky Score · 2026

Top VC Firms in Denmark

The 25 highest-scoring venture funds headquartered in Denmark, ranked from 45 eligible firms on a 110-point composite of portfolio outcomes, deal volume, risk adjustment and cheque-size fit.

55
Median score / 110
across eligible firms
45
Eligible firms
5+ tracked investments
925
Tracked investments
in this market
25
Firms ranked
highest scoring
Sort by
1
92/ 110Grade A-

Investments

12

Exit Rate

Alive

Portfolio Outcomes

Not enough tracked outcomes yet

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
21 / 30
Portfolio Outcomes
40 / 40
92 pts · Grade A-
2

Nordic VC ByFounders

Series C+Denmark
Software & Developer ToolsConsumer, Lifestyle & ServicesHealthcare & Life SciencesFinance & BlockchainEnergy, Environment & MobilityIndustry & Hardware
automationaimachine-learningsustainabilityfinancial-softwaredata-analytics
89/ 110Grade A-

Investments

58

Exit Rate

3%

Alive

55

Portfolio Outcomes

55 Alive2 Acquired3 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
12 / 25
Deal Volume
30 / 30
Portfolio Outcomes
32 / 40
89 pts · Grade A-
3

byFounders VC

Series BDenmark
Software & Developer ToolsConsumer, Lifestyle & ServicesHealthcare & Life SciencesFinance & BlockchainIndustry & HardwareEnergy, Environment & Mobility
automationaiconsumer-techclouddata-analyticsfinancial-software

byFounders invests in early-stage technology companies in the Nordic and Baltic regions. They focus on globally ambitious founders building impactful and sustainable businesses.

86/ 110Grade A-

Investments

106

Exit Rate

2%

Alive

91

Portfolio Outcomes

91 Alive2 Acquired7 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
1 / 25
Deal Volume
30 / 30
Portfolio Outcomes
40 / 40
86 pts · Grade A-
4
Software & Developer ToolsHealthcare & Life SciencesIndustry & HardwareotherEnergy, Environment & Mobility
air-dproductivity-softwarerfelectronic warfareuav
84/ 110Grade B+

Investments

5

Exit Rate

Alive

Portfolio Outcomes

Not enough tracked outcomes yet

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
25 / 40
84 pts · Grade B+
5

Socii Capital

Series C+Denmark
Software & Developer ToolsIndustry & HardwareFinance & Blockchain
aiautomationfintechenterprisefinancial-servicesbanking

Socii Capital focuses on Series C+ stage companies within the finance and blockchain sectors. They primarily invest in companies located in Denmark.

80/ 110Grade B

Investments

5

Exit Rate

11%

Alive

18

Portfolio Outcomes

18 Alive3 Acquired2 Dead5 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
26 / 30
Portfolio Outcomes
23 / 40
80 pts · Grade B
6

Spintop Ventures

Series ADenmark
Software & Developer ToolsConsumer, Lifestyle & ServicesHealthcare & Life SciencesIndustry & HardwareArtificial Intelligence & DataEnergy, Environment & Mobility
application-securityenterprisethreat-detectionclouddigital-healthcommunity

Spintop Ventures invests in early-stage software-driven technology companies from the Nordics, focusing on sustainability and global scalability. The firm provides long-term partnership and expertise to help ventures accelerate growth while delivering positive environmental and societal outcomes.

79/ 110Grade B

Investments

59

Exit Rate

7%

Alive

48

Portfolio Outcomes

48 Alive4 Acquired6 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
9 / 25
Deal Volume
30 / 30
Portfolio Outcomes
25 / 40
79 pts · Grade B
7

FemHealth Ventures

Series ADenmark
Healthcare & Life SciencesSoftware & Developer ToolsConsumer, Lifestyle & Services
digital-healthbiotechdiagnosticsmedical-devicedrug-developmentmedtech
77/ 110Grade B-

Investments

20

Exit Rate

5%

Alive

13

Portfolio Outcomes

13 Alive1 IPO6 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
18 / 40
77 pts · Grade B-
8

Megatrend Invest

Series BDenmark
Healthcare & Life SciencesEnergy, Environment & MobilityFinance & BlockchainConsumer, Lifestyle & ServicesCommerce & Marketing
consumer-packaged-goodsd2cretaile-commercefintechjewelry
75/ 110Grade B-

Investments

13

Exit Rate

0%

Alive

12

Portfolio Outcomes

12 Alive

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
5 / 30
Portfolio Outcomes
40 / 40
75 pts · Grade B-
9

Climentum Capital

Series C+Denmark
Energy, Environment & MobilitySoftware & Developer ToolsIndustry & HardwareArtificial Intelligence & DataConsumer, Lifestyle & ServicesCommerce & Marketing
environmentsustainabilityagritechenergyclean-energyclimate-tech

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.

74/ 110Grade C+

Investments

10

Exit Rate

0%

Alive

8

Portfolio Outcomes

8 Alive2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
14 / 40
74 pts · Grade C+
10

Novo

Series C+Denmark
Healthcare & Life SciencesSoftware & Developer ToolsIndustry & HardwareotherEnergy, Environment & MobilityConsumer, Lifestyle & Services
biotechdrug-developmentpharmaceutical-developmentr-dhealthcaredrug-discovery
70/ 110Grade C

Investments

29

Exit Rate

4%

Alive

22

Portfolio Outcomes

22 Alive1 Acquired4 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
9 / 25
Deal Volume
30 / 30
Portfolio Outcomes
16 / 40
70 pts · Grade C
11
Healthcare & Life SciencesSoftware & Developer ToolsConsumer, Lifestyle & ServicesIndustry & HardwareFinance & Blockchain
drug-developmenthealthcarepharmaceutical-developmentoncologycommunityuser-generated-content

Sunstone Capital invests in early-stage technology companies, with a focus on software and developer tools. They primarily target companies in Europe, particularly in the seed stage.

69/ 110Grade C

Investments

38

Exit Rate

10%

Alive

22

Portfolio Outcomes

22 Alive4 Acquired1 Dead13 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
24 / 40
69 pts · Grade C
12

Heartcore Capital

Series BDenmark
Software & Developer ToolsConsumer, Lifestyle & ServicesHealthcare & Life SciencesCommerce & MarketingFinance & BlockchainEnergy, Environment & Mobility
aifintechcommunityemployee-benefitsdigital-bankinghealthcare

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.

67/ 110Grade C-

Investments

62

Exit Rate

3%

Alive

53

Portfolio Outcomes

53 Alive2 Acquired7 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
0 / 25
Deal Volume
30 / 30
Portfolio Outcomes
22 / 40
67 pts · Grade C-
13

Magenta Partners

Series C+Denmark
Finance & BlockchainSoftware & Developer Tools
workflow-automationcollaborationproject-managementteam-collaborationguitarsmusical-instruments

Invests in growth businesses with ambitious management teams. Focuses on companies with high-quality earnings and strong growth opportunities.

63/ 110Grade D+

Investments

13

Exit Rate

0%

Alive

12

Portfolio Outcomes

12 Alive2 Unknown

Score Breakdown

Size Fit
12 / 15
Venture Signals
14 / 25
Deal Volume
5 / 30
Portfolio Outcomes
32 / 40
63 pts · Grade D+
14

Novo Seeds

Series ADenmark
Healthcare & Life SciencesIndustry & HardwareSoftware & Developer ToolsArtificial Intelligence & Data
r-dbiomedical-engineeringheart-failurelvadprecision fermentationfungal fermentation

Novo Seeds invests in early-stage life science and healthcare companies in the Nordics and Netherlands. They focus on innovative therapeutics and technologies.

63/ 110Grade D+

Investments

7

Exit Rate

0%

Alive

6

Portfolio Outcomes

6 Alive1 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
5 / 30
Portfolio Outcomes
29 / 40
63 pts · Grade D+
15

IK Investment Partners

Series C+Denmark
otherSoftware & Developer ToolsFinance & BlockchainConsumer, Lifestyle & Services
content-managementdigital-asset-managementcompliancedigital-administrationintegrationoccupational-pensions

IK Investment Partners invests primarily in medium to large companies within Northern Europe, focusing on sustainable growth in industrial, healthcare, and business service sectors with a committed approach to environmental and social responsibility.

61/ 110Grade D+

Investments

34

Exit Rate

5%

Alive

27

Portfolio Outcomes

27 Alive2 Acquired10 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
0 / 40
61 pts · Grade D+
16
61/ 110Grade D+

Investments

9

Exit Rate

0%

Alive

7

Portfolio Outcomes

7 Alive3 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
16 / 25
Deal Volume
30 / 30
Portfolio Outcomes
0 / 40
61 pts · Grade D+
17

AIP Management P/S

Series C+Denmark
60/ 110Grade D+

Investments

43

Exit Rate

43%

Alive

15

Portfolio Outcomes

15 Alive22 Acquired14 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
0 / 40
60 pts · Grade D+
18

Eneco Ventures

Series CDenmark
Energy, Environment & MobilitySoftware & Developer ToolsConsumer, Lifestyle & Services
sustainabilityenergyenergy-managementanalyticsenvironmentclean-energy

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.

60/ 110Grade D+

Investments

14

Exit Rate

6%

Alive

12

Portfolio Outcomes

12 Alive1 Acquired3 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
30 / 30
Portfolio Outcomes
0 / 40
60 pts · Grade D+
19

Döhler Ventures

Series C+Denmark
otherEnergy, Environment & MobilityHealthcare & Life SciencesIndustry & HardwareSoftware & Developer Tools
fermentation-technologyfood-waste-utilizationfresh soupssustainable packagingnutritionbpa free
59/ 110Grade D

Investments

27

Exit Rate

0%

Alive

23

Portfolio Outcomes

23 Alive8 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
0 / 40
59 pts · Grade D
20

Gateway Partners

Series C+Denmark
otherSoftware & Developer ToolsEnergy, Environment & MobilityConsumer, Lifestyle & ServicesFinance & Blockchain
dmccdubaiholdcometalsmineralssustainability

Gateway Partners invests primarily in scalable tech startups across Northern Europe targeting B2B and B2B2C markets. They focus on post-seed stages, emphasizing SaaS and industrial technology solutions that enable digital transformation.

59/ 110Grade D

Investments

19

Exit Rate

0%

Alive

12

Portfolio Outcomes

12 Alive15 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
30 / 30
Portfolio Outcomes
0 / 40
59 pts · Grade D
21

PreSeed Ventures

Series C+Denmark
Software & Developer ToolsFinance & BlockchainConsumer, Lifestyle & ServicesCommerce & MarketingIndustry & Hardware
fintechfinancial-servicesenterpriseautomationsoftware-developmentmobile-app

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

58/ 110Grade D

Investments

16

Exit Rate

0%

Alive

17

Portfolio Outcomes

17 Alive2 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
6 / 30
Portfolio Outcomes
23 / 40
58 pts · Grade D
22

North Ventures

Series ADenmark
57/ 110Grade D

Investments

5

Exit Rate

Alive

Portfolio Outcomes

Not enough tracked outcomes yet

Score Breakdown

Size Fit
15 / 15
Venture Signals
15 / 25
Deal Volume
14 / 30
Portfolio Outcomes
13 / 40
57 pts · Grade D
23

Copenhagen Ventures

Series C+Denmark
Software & Developer ToolsFinance & BlockchainCommerce & MarketingHealthcare & Life Sciences
digital-transformationsoftware-developmentweb-designautomationchatbothospitality

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.

55/ 110Grade D

Investments

23

Exit Rate

1%

Alive

20

Portfolio Outcomes

20 Alive1 IPO47 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
10 / 25
Deal Volume
30 / 30
Portfolio Outcomes
0 / 40
55 pts · Grade D
24

Hersir Ventures

Series CDenmark
Software & Developer ToolsConsumer, Lifestyle & ServicesFinance & BlockchainHealthcare & Life Sciences
financial-technologyfintechcalisthenicsfitness-equipmenthome-workoutonline-training
55/ 110Grade D

Investments

15

Exit Rate

6%

Alive

10

Portfolio Outcomes

10 Alive1 Acquired6 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
14 / 25
Deal Volume
9 / 30
Portfolio Outcomes
17 / 40
55 pts · Grade D
25

FEAST Ventures

Series ADenmark
Consumer, Lifestyle & ServicesHealthcare & Life SciencesotherCommerce & MarketingSoftware & Developer Tools
d2cfoodorganicconsumerplant-basedmobile-app

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

55/ 110Grade D

Investments

13

Exit Rate

0%

Alive

11

Portfolio Outcomes

11 Alive5 Unknown

Score Breakdown

Size Fit
15 / 15
Venture Signals
9 / 25
Deal Volume
28 / 30
Portfolio Outcomes
3 / 40
55 pts · Grade D

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. 45 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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