# GRO: portfolio, investments and team

> GRO is a private equity based in Denmark. 3 investments on record, latest Mar 2024. Portfolio, stages, co-investors and team.

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

Denmark · [Investor](https://millionrounds.com/investors)

# GRO

Last cheque observed Mar 2024. Silence since then is not evidence of inactivity: our sources miss unannounced rounds.

Email

Private equity Quiet

Growth B2B Software Enterprise Software AI

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Cheques on record

**0%** of best year **0** **cheques in 12 months**, 3 on record

Since the last cheque **967** days **00** hrs **00** min **00** sec

Rounds led **3 of 3** Sole investor **3 rounds**

Pitch GRO

## GRO highlights

- 01 3 rounds on record
- 02 Sole investor in 3 rounds, median undisclosed

## What they do

> Private equity for experienced leaders scaling advanced software. From their own website

- **Type:** Private equity
- **Cheque size:** Not stated
- **Stages:** Growth
- **Sectors:** B2B Software Enterprise Software AI
- **Based in:** Kobenhavn, Denmark
- **Cold pitches:** Accepted

## The record

Every round we can evidence, newest first **3 appearances**

- **2024** 1 round
- **Mar** **[Catenda AS](https://millionrounds.com/company/catenda-as)** NO · Firms' own news pages **Undisclosed** *Led*
- **2023** 2 rounds
- **Jun** **[Akselos](https://millionrounds.com/company/akselos)** CH · Firms' own news pages **Undisclosed** *Led*
- **May** **[Curity](https://millionrounds.com/company/curity)** SE · Firms' own news pages **Undisclosed** *Led*

An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor.

## The team

Named by the firm itself, on a filing, its Form ADV or its company registration **4 named**

LC **Lars Christian Lunde** Director i Form ADV

LD **Lars Dybkjaer** Managing Partner and Executive Director i Form ADV

MW **Morten Weicher** Director i Form ADV

SR **Steen Rode** Director i Form ADV

We also hold **28** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them.

## What the register says

From the firm's own filings with the SEC, which it must file accurately by law

**$1.2B** gross assets of its funds Oct 2026

**Exempt** reporting adviser venture or small private funds

- **Legal name:** GRO Capital A/s
- **SEC number:** CRD 321060

## The cheque

Growth

Median round joined **-** the round, not its cheque Alone, median **-**

Led 3 of 3 rounds **100%**

- **Sole investor:** 3 rounds
- **Last cheque:** Mar 2024

Rounds by stage said on their site

- Growth said *-*

Cheques by month Led Joined

Dec 2023 Nov 2026

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## Recently backed

The latest companies GRO put money into.

[**Akselos** Jun 2023](https://millionrounds.com/company/akselos)[**Curity** May 2023](https://millionrounds.com/company/curity)

## Quick answers about GRO

### What does GRO invest in?

GRO says it invests in B2B Software, Enterprise Software and AI.

### How active is GRO?

3 investments on record, 0 of them in the last 12 months, and it led 3. The most recent was in Mar 2024.

### What has GRO invested in recently?

Its most recent investments on record: Catenda AS (Undisclosed round, Mar 2024), Akselos (Jun 2023) and Curity (May 2023).

### Is GRO investing now?

No investments in the last 12 months; the latest was in Mar 2024.

### What kind of investor is GRO?

GRO is a private equity firm based in Kobenhavn, Denmark.

### How much does GRO manage?

About $1.2B, as gross assets of its private funds (Oct 2026).

### Does GRO take cold pitches?

Yes: its own website says it reads unsolicited pitches.

### Where does this information on GRO come from?

From 3 articles and filings naming it in a round, public registers and its own website, checked and rebuilt every night.

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Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=gro) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=gro)
