In 2020, the start-up scene in Denmark reached a new level of growth. Danish start-ups attracted more than 540 Million EUR in venture capital – an increase of 56% compared to previous years.
Many of the above mentioned funding rounds were in the 5-10 Million EUR level - a positive development that has continued in 2021. In January alone Danish companies have attracted more than DKK 200 Million EUR in venture investments, which makes it the single month with the highest investment activity in the Danish market in the past five years.
On top of that, several innovative solutions have come out of Denmark. Companies such as Tradeshift, Just Eat and Unity Technologies have disrupted the verticals they operate in, which according to the Global Innovation Index 2020 (GII 2020) is why Danish innovation is ranked among the top 5 global innovation leaders.
Looking for your next soonicorn? 6 out of 41 European IT unicorns were fostered in Denmark up until 2018, which corresponds to 15% – a significantly high percentage considered that Denmark’s GDP is 2.4% of the EU.
Download our fact sheets with great insights to the Danish VC market.
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