# Impact Fund Denmark (formerly IFU): portfolio, investments and team > Impact Fund Denmark (formerly IFU) is a government based in Denmark. 5 investments on record, 5 in the last 12 months, latest Oct 2026. Source: https://millionrounds.com/fund/impact-fund-denmark (Millionrounds; every figure on the page links to its filing or article) Denmark · [Investor](https://millionrounds.com/investors) # Impact Fund Denmark (formerly IFU) Last cheque observed Oct 2026; 5 cheques on record. Email Deploying now New fund $35M, Oct 2026 Government Growth Green Energy Infrastructure Financial Services Follow Impact Fund Denmark (formerly IFU) and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fimpact-fund-denmark) Deploying now **100%** of best year **5** **cheques in 12 months**, 5 on record Since the last cheque **8** days **00** hrs **00** min **00** sec Median round **$29M** Rounds led **2 of 5** Sole investor **3 rounds** Pitch Impact Fund Denmark (formerly IFU) ## Impact Fund Denmark (formerly IFU) highlights - 01 5 cheques in the last 12 months - 02 Mostly Growth and Debt: 100% of its rounds - 03 Sole investor in 3 rounds, median $20M ## What they do > Impact Fund Denmark is Denmark’s development finance institution, with more than 50 years of experience, driving transformative change through strategic partnerships and financial innovation. From their own website - **Type:** Government - **Cheque size:** Not stated - **Stages:** Growth - **Sectors:** Green Energy Infrastructure Financial Services - **Based in:** Copenhagen, Denmark - **Cold pitches:** Accepted ## The record Every round we can evidence, newest first **5 appearances** - **2026** 5 rounds - **Oct** **[Orana](https://millionrounds.com/company/orana)** Growth · DK · Impact Fund Denmark (formerly IFU) **$6.0M** *Led* - **Oct** **[GreenCell Mobility](https://millionrounds.com/company/greencell-mobility)** Growth · IN · Impact Fund Denmark (formerly IFU) **$35M** *Led* - **Aug** **[SA Impact Forestry Fund II](https://millionrounds.com/company/sa-impact-forestry-fund-ii)** PY · ElectriFI **$20M** Sole investor - **Jul** **[NSIA Bank](https://millionrounds.com/company/nsia-bank)** Debt · CI · Impact Fund Denmark (formerly IFU) **$29M** Sole investor - **Jun** **[Spiro](https://millionrounds.com/company/spiro)** Growth · Disrupt Africa **$215M** With 2 others 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 We hold **21** 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. Who backs their funds ## 5 LPs on record in Impact Fund Denmark (formerly IFU)'s funds - **Funds:** 2 The institutions that put money into its funds, which the firm then invests in companies. Source: fund news. - [**PenSam** 2 funds](https://millionrounds.com/fund/pensam) Fund Vintage Committed Impact Fund Denmark SDG Fund II - - Impact Fund Denmark SDG Investment Fund II - - - [**PFA** 2 funds](https://millionrounds.com/fund/pfa) Fund Vintage Committed Impact Fund Denmark SDG Fund II - - Impact Fund Denmark SDG Investment Fund II - - - [**PKA** 1 fund](https://millionrounds.com/fund/pka) Fund Vintage Committed Impact Fund Denmark SDG Investment Fund II - - - [**PBU** 1 fund](https://millionrounds.com/fund/pbu) Fund Vintage Committed Impact Fund Denmark SDG Investment Fund II - - - [**P+** 1 fund](https://millionrounds.com/fund/p) Fund Vintage Committed Impact Fund Denmark SDG Investment Fund II - - Funds they back ## 1 fund commitment on record - **Managers:** 1 Every fund on record that it has committed money to, and the managers who invest it. Source: fund news. Managers it backs most - [ALIVE Ventures 1 fund](https://millionrounds.com/fund/alive-ventures) Most recent commitments - [Alive Ventures ALEG II](https://millionrounds.com/fund/alive-ventures) New fund on file **$35M** raised in Oct 2026 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Growth Median round joined **$29M** the round, not its cheque Alone, median **$20M** Led 2 of 5 rounds **40%** - **Sole investor:** 3 rounds - **Last cheque:** Oct 2026 Rounds by stage said on their site - Growth said *3* - Debt *1* Cheques by month Led Joined Nov 2023 Oct 2026 **Pitching Impact Fund Denmark (formerly IFU)?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Recently backed The latest companies Impact Fund Denmark (formerly IFU) put money into. [**GreenCell Mobility** $35M · Oct 2026](https://millionrounds.com/company/greencell-mobility) ## Quick answers about Impact Fund Denmark (formerly IFU) ### What does Impact Fund Denmark (formerly IFU) invest in? Impact Fund Denmark (formerly IFU) invests most often at Growth and Debt (100% of the rounds on record), in sectors such as Green Energy, Infrastructure and Financial Services. ### How active is Impact Fund Denmark (formerly IFU)? 5 investments on record, 5 of them in the last 12 months, and it led 2. The most recent was in Oct 2026. ### What has Impact Fund Denmark (formerly IFU) invested in recently? Its most recent investments on record: Orana (Growth, Oct 2026), GreenCell Mobility (Growth, Oct 2026) and SA Impact Forestry Fund II (Undisclosed round, Aug 2026). ### How big are Impact Fund Denmark (formerly IFU)'s cheques? The median round it joins is $29M. ### Does Impact Fund Denmark (formerly IFU) lead rounds? Yes: it led 2 of its 5 investments on record (40%). ### Is Impact Fund Denmark (formerly IFU) investing now? Yes: it is actively investing, with 5 investments in the last 12 months. ### What kind of investor is Impact Fund Denmark (formerly IFU)? Impact Fund Denmark (formerly IFU) is a government based in Copenhagen, Denmark. ### Has Impact Fund Denmark (formerly IFU) raised a new fund? Its latest fund filing with the SEC was in Oct 2026, reporting $35M raised. ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM 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=impact-fund-denmark) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=impact-fund-denmark)