Top News
- The 2nd year of the Diversity Commitment Report was presented, sharing insights into how the ecosystem is progressing with gender diversity. (link)
- A few insights into the conversation between Morten Primdahl and Christoph Janz during CPH townhall. (link)
- 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)
- Opinion piece by Anders Kjær (DeepTech Fund Director, PreSeed Ventures) on the potential of Power-to-X technology in Denmark. (link)
- McKinsey released an in-depth report on the impact of AI on productivity. (link)
- 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)
- Voima Ventures launches a $90 million fund to invest in science-based startups in the Nordics and Baltics (link)
- Female Invest have launched a tailored finance app to improve women’s financial literacy (link)
- Take a look at the pitch deck of Mistral AI, the startup that received €105 million just four weeks after its inception. (link)
- 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)