International investors are keen on Danish startups
17 October 2018
ICT and high tech industries
Denmark’s booming startup scene is attracting some of Europe’s strongest venture capital funds.
Since 2016, venture capital investment in Denmark has risen from DKK 400 million to more than DKK 2 billion. This is mainly due to international investors who are growing more and more fond of Danish startups, Berlingske Business reports.
“We have a big opportunity here. Denmark is the new up and coming hot spot in Scandinavia. In the last two years, we have invested more in Denmark than in Germany”
- Bernard Liautaud, Managing Partner in Balderton Capital.
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The cradle of Skype, Momondo and JustEat
Balderton Capital is not the only investor with an awakening of interest in Danish entrepreneurs.
The French venture capital fund Idinvest has invested over DKK 520 million in the last two years, and Swedish Creandum has participated in investment rounds for more than DKK 400 million.
“Denmark is one of the most creative and innovative countries in Europe and has fostered global success companies such as Skype, Unity, Trustpilot, Zendesk, Momondo, JustEat and Vivino. International investors have great opportunities to find their next money spinner here, and we are ready to help.”
- Claus Lønborg, CEO of Copenhagen Capacity
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