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#7 Denmark: 70% more applications on The Hub, biofuel startup raised €2.15 million & Matrikel1 nominated for Nordic Startup Awards.

By 28 April 2023No Comments3 min read

Top News

  1. Startup Aarhus Townhall joined 500+ people together from the startup ecosystem. Slush’d was also announced to be in Aarhus again! (link)
  2. The Hub’s latest report shows there were 70% more applications per job and 33% fewer jobs listed, a result of the layoffs. (link)
  3. The Norwegian startup ecosystem is initiating a project that will look into establishing an interest group that represents growth companies and startups politically. (link)
  4. Esben Gadsbøll’s opinion on the position of Europe in the world order with regard to innovation and why we need to look at innovation policy. (link)
  5. Danish startup Kanda is the first company in the world to offer digital training courses for the wind industry. (Link)
  6. Januar, the crypto company, is permitted to operate throughout Europe and provide payment solutions to crypto companies. (link)
  7. Next11, which creates software to measure football and ice hockey players during a match, has now signed PSG (Paris Saint-Germain). (link)
  8. DanBAN’s investment report shows a remarkable 452 million DKK was invested despite the downturn. (link)
  9.  Our friends Dreamcraft Ventures are finalists on Nordic Startup Awards VC list – go vote! (link)
  10. People Ventures will host a session on what does it take to raise capital in Aalborg with Techbbq. (link)

Latest on Funding

📱Shape, the app specialist, brings on Waterland Private Equity, from the Netherlands and they hold the majority stake. (link)

💸 Danish private equity fund Gro and Alfvén & Didrikson invest $29 million in Swedish Paligo, a cloud-native system for technical documentation. (link)

⛽️ Kvasir Technologies, the biofuel company, raised €2.15 million led by Vår Ventures with participation from Maersk Growth. (link)

🏗️ Stykka, creating sustainable solutions in the construction industry, raised a double-digit million DKK amount from North-East Family Office, The Footprint Firm and others. (link)

💻 Umbraco, the open-source CMS platform, raised 20 million DKK from existing investors. (link)

🔬 MedicQuant, a healthtech spin-out from Aarhus university, collects 12 million DKK. (link)

🚀 Wedio, the Aarhus-based online community, raised 1 million DKK from Founderment Ventures, Denmark’s Export and Investment Fund and through crowdfunding platform Wefunder. (link)

🥗 Superb, the all-in-one guest experience platform for restaurants, raised a new round and welcomes new investor Vivino founder Heini Zachariassen and others. (link)

💸 Swedish fund, Monterro, eyes the Danish market to invest in software companies. (link)

⚡️ Local fund in Viborg, Investor Hub Viborg, has invested in 5 portfolio companies with 30 investors (link)

Latest on Talent

📣 Mesh Community is looking for a Head of Partnerships, Head of Events and a Business Controller. Interested or know someone who would be interested? We’d love to hear from you. (link)

📈 The Hub surpassed 30K applications on the platform in March (link)

✉️ Nicolaj Højer Nielsen, co-founder and manager of Penneo goes across the border to Norway to search for new companies to invest in. (link)

👩‍💻 Opinion: Betina Langemark Ward 24/7 founder on why the % of investments in female-founded companies are still so low in Denmark. (link)

🏆  Ardoq named best SaaS company in the Nordics at Saasiest conference (link)

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