# HPNow funding: rounds and investors

> HPNow has raised $15M across 1 round since 2023. Investors include Novo Holdings and Export and Investment Fund. Every round with its source.

Source: https://millionrounds.com/company/hpnow (Millionrounds; every figure on the page links to its filing or article)

Denmark · [Series A startup](https://millionrounds.com/companies)

# Who invested in *HPNow*

One round we have observed, with the 2 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Chemicals & Materials

Funding summary Updated 26 Oct 2026

**$15M** raised across 1 round since 2023, from 1 source

- **Latest round:** Series A, $15M Sept 2023
- **Investors:** 2

See who backed them

## The rounds

- **Sept 2023** Series A **$15M** [Novo Holdings](https://millionrounds.com/fund/novo-ventures) [Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) Source recorded

## Everyone who backed them

[Novo Holdings](https://millionrounds.com/fund/novo-ventures) VC firm **1** round

[Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=hpnow).

## Also claim to have backed them

This firm lists HPNow as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[AP Ventures](https://millionrounds.com/fund/ap-ventures) VC firm Per its own site

## Quick answers about HPNow

### Who invested in HPNow?

HPNow's investors include Novo Holdings and Export and Investment Fund.

### How much has HPNow raised?

HPNow has raised $15M across 1 round since 2023.

### When did HPNow last raise?

HPNow's most recent round was a Series A of $15M in Sept 2023.

### What was HPNow's biggest round?

Its most recent round, $15M in Sept 2023, is also its largest on record.

### Who backed HPNow first?

HPNow's first round on record, in Sept 2023, was backed by Novo Holdings and Export and Investment Fund.

### What stage is HPNow at?

HPNow's latest named round is a Series A, in Sept 2023.

### Where is HPNow based?

HPNow is based in Denmark.

## Companies like HPNow

In the same sector, and raised in the last eighteen months.

[**Microminer** $1.5M · Mar 2026](https://millionrounds.com/company/microminer)[**Nordic Salt Cycle** $4.1M · Nov 2025](https://millionrounds.com/company/nordic-salt-cycle)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Adaptavate** $15M · Oct 2026](https://millionrounds.com/company/adaptavate)[**Phononic Vibes** $6.2M · Oct 2026](https://millionrounds.com/company/phononic-vibes)[**Albert** $57M · Oct 2026](https://millionrounds.com/company/albert)

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