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#11 Denmark: Synthesia Raised Series C, Comundo raised 16.8 million DKK & New Insights from Diversity Commitment Report

By 22 June 2023September 8th, 2023No Comments3 min read

Top News

  1. The 2nd year of the Diversity Commitment Report was presented, sharing insights into how the ecosystem is progressing with gender diversity. (link)
  2. A few insights into the conversation between Morten Primdahl and Christoph Janz during CPH townhall. (link)
  3. 65% of Danish real estate companies plan to invest more in digital technologies, while there is a big a focus on ESG investments, according to a report on proptech in Denmark. (link)
  4. Opinion piece by Anders Kjær (DeepTech Fund Director, PreSeed Ventures) on the potential of Power-to-X technology in Denmark. (link)
  5. McKinsey released an in-depth report on the impact of AI on productivity. (link)
  6. In his piece titled “The Shadow Price of Venture Capital,” Nnamdi Iregbulem argues that valuations for startups are still too high and will eventually fall further. Worth the read. (link)
  7. Voima Ventures launches a $90 million fund to invest in science-based startups in the Nordics and Baltics (link)
  8. Female Invest have launched a tailored finance app to improve women’s financial literacy (link)
  9. Take a look at the pitch deck of Mistral AI, the startup that received €105 million just four weeks after its inception. (link)
  10. TalkBBQ’s latest event focused on how to tackle the challenges that impact founders’ mental health and well-being, and how to build mental resilience. (link)

Latest on Funding

💸 Brighteye Ventures closed their second fund at €100 million, continuing their mission to invest in early-stage edtech companies at seed and Series A stages in Europe and the Nordics. (link)

💸 Nordic Alpha Partners have raised 1.1 billion DKK in the first round of their second fund. (link)

🖥️ Synthesia, AI video platform, raised a $90 million Series C round led by Accel, valuing the company at $1 billion. (link)

💸 Arkyn, the B2B Saas startup raised €1.4 million, led by Trifork Labs along with participation from the founders, management and private investors. (link)

💳 Kompasbank, neo-bank, has extended its Series B round with 63 million DKK from new and existing investors. (link)

💡 Kvantify, quantum computing startup, raised 40 million DKK in a new round from EIFO, EIC Accelerator grant and friends and family. (link)

🩺 Rehaler, medical startup creating a migraine device, raised a total of 19 million DKK which includes grants and equity investment from the EU’s EIC accelerator programme. (link)

🖥️ Whistleblower Software, the legaltech startup, has raised 18 million DKK from the Growth Fund. (link)

☘️ Comundo, climate tech startup, raised 16.8 million DKK in a preseed round led by People Ventures. (link)

👩‍💻 Custimy, a no code e-commerce platform, acquired Make Influence and will expand on their influencer marketing. (link)

🍃 EasyGreen sold for millions to the capital fund-owned electricity company Modstrøm. It’s Medley’s first sale. (link)

📚 UNIWise, Aarhus based edtech helping with assessments in higher education, has been acquired by Monterro. (link)

⚡️ The Danish incubator Heymate has bought 25% of shares in Zapp mobility. (link)

Latest on Talent

🌿 Denmark’s greatest climate tech startup Agreena has 21 position open. (link)

📈 Codezo, bridging design and code together, has 2 open positions. (link)

🕹️ Strategy game studio Trophy Games is on the lookout for a visual designer and full stack game developer. (link)

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