Famend for its prime quality of life and sturdy economic system, Denmark can be a hub of innovation rating amongst Europe’s main startup centres, with dynamic clusters in IT, life sciences, and cleantech. Denmark’s give attention to innovation and sustainability, coupled with a versatile work tradition and dependable infrastructure, makes it a pretty vacation spot for companies aiming to develop and succeed globally.
In recent times, Denmark’s startup scene has skilled exceptional development, carving out a big position within the European tech panorama. Regardless of difficult market situations, the nation stood out in 2023 as one of many few European ecosystems to realize development in enterprise capital funding. Key sectors similar to well being tech, fintech, and enterprise software program have emerged as pillars of energy, driving the ecosystem ahead. Much more spectacular, Denmark now boasts the highest variety of rising unicorns per capita in Europe, with 7.7 per million folks—surpassing each the UK and Finland in unicorn density. This achievement highlights the dynamic and quickly evolving nature of Denmark’s startup ecosystem.
With this in thoughts, we’ve curated an inventory of 10 standout Danish startups to observe this yr. Every was launched after 2022, showcasing the nation’s thriving entrepreneurial spirit. Let’s dive proper into it:
Blue Vitality: Based in 2023, Blue Vitality is revolutionising clear vitality with its modern method. The startup develops modular nuclear energy crops constructed in shipyards, enabling quicker and cheaper manufacturing. Their mission is to ship clear, dependable vitality whereas sustaining affordability and prioritising security. Blue Vitality supplies vitality options to clients via long-term agreements and has secured €43.26 million in funding, positioning itself as a pacesetter within the CleanTech sector. Primarily based in Kastrup, the corporate is contributing to a sustainable future via cutting-edge vitality applied sciences.
Hakio: This pioneering startup affords AI-powered demand forecasting instruments particularly designed for the style and retail trade. Its platform helps manufacturers predict tendencies and seasonal patterns, optimise stock, and improve product availability.
By leveraging real-time information, Hakio minimises overstocking and stockouts, boosting working capital effectivity and provide chain resilience. Finally, Hakio goals to empower gross sales and operations groups to make higher, data-driven selections. Based in 2022 in Aarhus, the startup has raised €4 million in funding.
Kvantify: Primarily based in Copenhagen, Kvantify develops quantum computing administration software program designed to deal with complicated computational challenges throughout industries similar to life sciences and finance. In drug discovery, the corporate leverages high-speed, physics-based strategies to boost compound testing, considerably accelerating pharmaceutical analysis.
Based in 2022, Kvantify affords cloud-based options, together with a platform for binding affinity and kinetics calculations, to optimise the drug discovery course of. With €12.5 million in funding, Kvantify is gaining momentum as a pacesetter in quantum computing innovation.
Gentle: Launched in 2023, Gentle affords an AI-powered platform designed to assist multinational corporations handle their accounting and reporting processes. The startup automates duties similar to accounts payable and receivable, bill reconciliation, and expense monitoring. By integrating with instruments like Slack and Groups, Gentle streamlines monetary workflows, reduces errors, and accelerates approvals.
The platform additionally simplifies procurement and vendor administration, enabling companies to deal with funds seamlessly on a worldwide scale. Headquartered in Copenhagen, Gentle has secured €12.5 million in funding, cementing its potential within the monetary companies sector.
Lun: Copenhagen-based Lun is advancing the decarbonisation of properties with its modern working system for warmth pump installers. Utilizing 3D scanning know-how, the platform allows fast and correct measurement of rooms and heating techniques, facilitating exact vitality calculations and reviews.
Lun’s know-how can assess a constructing’s warmth loss in minutes and generate DIN-compliant vitality reviews, streamlining the method for installers. Based in 2022, Lun has raised €10.3 million to speed up the transition to sustainable residential heating techniques.
Parahelp: This modern startup specialises in AI-powered assist for software program corporations, offering an clever agent able to managing duties similar to ticket dealing with and refund requests. Based in 2024 and headquartered in Copenhagen, Parahelp has raised €480k, showcasing its potential within the B2B AI software program sector. With its cutting-edge know-how, Parahelp goals to rework customer support and streamline assist operations.
Proem: Based in 2013, Proemial is an modern platform that leverages AI to simplify complicated scientific analysis. It helps customers discover, perceive, and apply scientific findings rapidly and effectively by offering personalised summaries of the most recent analysis papers. Customers can ask questions, obtain concise solutions, and delve deeper into particular research.
Moreover, Proemial allows the creation of curated collections, or “Areas,” to remain up to date on related subjects, fostering collaboration and studying inside scientific communities. Primarily based in Aarhus, the platform has raised €2 million to make analysis extra accessible and fascinating on a worldwide scale.
Spektr: Based in 2023, this Copenhagen-based startup simplifies compliance administration for companies. Its no-code platform streamlines duties similar to consumer onboarding with built-in KYC (Know Your Buyer) and KYB (Know Your Enterprise) checks. Spektr supplies real-time monitoring and alerts, together with an organised case administration system, serving to companies keep compliant with ease.
By centralising compliance processes, the platform allows corporations to adapt to altering rules effectively, saving effort and time whereas making certain authorized adherence. With €5 million in funding, Spektr is demonstrating its skill to automate and deal with compliance gaps successfully.
Tembi: Based in 2022 and based mostly in Copenhagen, Tembi specialises in information analytics options designed to empower companies to anticipate market tendencies and make knowledgeable strategic selections. The platform analyses giant datasets to forecast the impression of shifting market situations on gross sales and affords real-time competitor monitoring.
By delivering proactive insights, Tembi allows corporations to remain forward of the curve as an alternative of counting on outdated reviews. With €2.95 million in funding, Tembi is carving a distinct segment in enterprise course of automation and information administration.
By the way in which: When you’re a company or investor in search of thrilling startups in a selected marketplace for a possible funding or acquisition, take a look at our Startup Sourcing Service!
