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Denmark #19: DanBan released a manifesto, raised €3.5 million & Scale Capital expands operations to Sweden.

By 20 October 2023February 12th, 2024No Comments3 min read

Top News

  1. DanBan released a manifesto with 3 priorities to empower growth companies in Denmark. Worth reading, especially concerning the government’s entrepreneurship strategy. (link)
  2. The Norwegian startup ecosystem is calling for more concrete policies for innovation and technology for growth companies in Norway. (link)
  3. CPH Townhall at Veo Technologies featured a fireside chat with Onomondo founder Michael Freundt Karlsen and a panel discussion with different founders on building a climate tech startup. (link)
  4. Aarhus Townhall hosted 500+ startups and investors. The theme of the event was inspired by Ben Horowitz’s book “The Hard Thing About Hard things”. (link)
  5. Marc Andreesen (a16z) shares their Techno-Optimism Manifesto. Worth a read.. 🧠(link)
  6. Scale Capital is looking to help growth companies in Sweden expand to the US. (link)
  7. Are startup valuations on the rise? The upward trajectory looks like it applies to both early and late-stage deals. Find the graph shared by Nicolaj Høyer Nielsen here. (link)
  8. When is it time for a board member to leave? Stine Mølgaard Sørensen, Alliance VC partner shares her tips with Sifted. (link)
  9. According to Jesper Johansen, CEO at Northstake, Danish investors and financial institutions are not familiar with blockchain technology, resulting in Denmark lagging. (link)
  10. New podcast alert: Karriereklubben helps young professionals with career dilemmas. Launched by Caroline Rossmeisl, André Thormann, and Nima Tisdall. (link)

Latest on Funding

💉 MinervaX, developing a maternal vaccine against Group B Streptococcus, raised €54 million from new investors EQT Life Sciences and OrbiMed, along with the existing investors. (link)

👚 Creative Force, a platform for e-commerce content creation, raised $8.9 million in Series A funding from EIFO and Hearst Ventures. (link)

🩺 Notify Therapeutics, developing non-hormonal fertility treatment raised €5 million from Lundbeckfonden BioCapital and +ND capital. (link)

🌿 raised €3.5 million with new investors Eneco Ventures and Helen Ventures, as well as existing investors EIFO, The Footprint Firm, Stine Mølgaard, and Antler Nordic. (link)

💻 Relewise, e-commerce platform, raised €800k from Founderment and e-commerce entrepreneurs Mikkel Salling, Jesper Hvejsel and Stefan Rosenlund. (link)

💸 Danish fintech Dealflow, where Norwegian Seb Haugeto is part of the team, raised $700k from international investors. (link)

🦾 RiACT, launching a robotic programming software, raised an undisclosed amount from Butterfly Ventures, Navigare Ventures and Mølgaard Capital (link)

🚀Unioo, a tool for handling banks’ customers, welcomes two new investors onboard. (link)

🚴‍♀️ YOGO.DK, a booking platform, raised an undisclosed amount from Danish angel investors to scale into the fitness market. (link)

Latest on Talent

🧠 Top things you need to know before getting into a conversation with VCs. (link)

👓 TechSavvy’s startup of the week is Probe, a matchmaking platform to bridge the gap between patients, doctors and healthcare professionals and facilitate participation in clinical trials. (link)

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