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Denmark #30: New Head of Partnerships in Denmark, REDUCED Raises €8 Million, and Startups Petition Against Norwegian Exit Tax

By 7 April 2024April 11th, 2024No Comments3 min read

Top News

  1. According to Carta, in 2023 later-stage funding rounds increased in size but took 85% longer to close. Here’s Sifted’s recap. (link)
  2. The Norwegian government proposed a change to the exit tax which entails a heavy 37.8% tax on both realized and unrealized assets. This caused an uproar in the startup community and NAST, the Norwegian Alliance for Startups and Tech, has launched a petition to collect opinions of founders and employees. (link)
  3. Mesh Community expands its partnerships in Denmark, with Aya Fabricius joining as Head of Partnerships Denmark. This is a significant step in strengthening the Danish startup ecosystem. (link)
  4. The first CPH Townhall of 2024 is around the corner, gathering tech founders, investors, and company builders from the tech startup community. (link)
  5. Interview with GP at Antler, Michael J Wiatr about his predictions for 2024 and how Antler reached their record in Denmark with 18 investments in 2023 and will continue to increase in 2024. (link)
  6. 15 investors covered data from more than 10,000 startups and founders for the Diversity Commitment report. The analysis and insights will be presented at an event hosted by Intentional. (link)
  7. Sifted’s March roundup of early-stage funding shows Denmark in the top 10 European countries, having invested €27 million. (link)
  8. Co-founders of COPUS on the Forbes 30 under 30 list in Media and Marketing. (link)
  9. HeyFunding & TechSavvy launched their 2024 guide to the Danish ecosystem. (link)
  10. Workfeed is one of the seven best shift planning systems according to Zapier. (link)

Latest on Funding

🗽 Reddit, the social media platform, debuted in the New York Stock Exchange with a valuation of $6.4 billion. (link)

😄 Ingrid, a Stockholm-based delivery experience platform, raised €21 million in funding led by Verdane alongside Schibsted Ventures. (link)

🔬 Reshape Biotech, an AI and robotics powered imaging and analysis platform, raised 139 million DKK from Astanor Ventures, R7 and ACME, Y Combinator and several angel investors. (link)

🚀 Scaleup Finance raised $8 million Pre-Series A round, led by Inveready, with participation from Crowberry Capital, Seed X, PROfounders, Fin Capital, and CircleRock Capital. (link)

🌱 REDUCED, converting food and agriculture side streams through fermentation, into natural food ingredients, raised €6 million from Novo Holdings, Einar Willumsen and existing investors EIFO and Rockstart Agrifood. (link)

📚 PatentRenewal, helping patent owners and law firms handle their intellectual property, raised €1 million from EIFO. (link)

💳 Anyday, a fintech company, secured 300 million DKK in debt funding from a Nordic credit Institution. (link)

🧽 Norfalk, which produces ingredients for cleaning from sustainable sources, raised 23 million DKK from the Bio Innovation Institute and EIFO. (link)

Latest on Talent

🇩🇰 Find all full-time positions open on the Hub here. (link)

🌿 Heidi Lee is promoted to Investment Manager at Dreamcraft Ventures (link)

🎤 Here are the winners from the Community Sponsorship application at Matrikel1 (link)

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