# Foreign investors in Denmark (2026 list)

> 167 foreign investors in Denmark, 95% active in the last 12 months. Led by Y Combinator, Techstars, Sequoia Capital. Ranked by what they funded.

Source: https://millionrounds.com/lists/foreign-investors-in-denmark (Millionrounds; every figure on the page links to its filing or article)

[Investor Lists](https://millionrounds.com/lists)

# Foreign investors in Denmark

Updated 7 November 2026

Firms based outside Denmark that we have watched back a company there in the last two years. Useful when the local market is thin, or when you want a backer who can open doors abroad.

[See all 167 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fforeign-investors-in-denmark)The top 25

**167** investors on the list No change this week

**5,619** cheques in 12 months *-12%* against the market

**$11M** median round they joined *+39%* against the market median

**95%** wrote a cheque in 12 months

**71%** have led a round

## The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (25)

- 1 [Y Combinator](https://millionrounds.com/fund/y-combinator) *Deploying now* Accelerator · United States **6,412** **$3M** median round **Oct 2026** last seen
- 2 [Techstars](https://millionrounds.com/fund/techstars) *Deploying now* VC firm · United States **2,989** **$1.2M** median round **Nov 2026** last seen
- 3 [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) *Deploying now* VC firm · United States **2,099** **$35M** median round **Nov 2026** last seen
- 4 [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) *Deploying now* VC firm · United States **1,661** **$27M** median round **Nov 2026** last seen
- 5 [New Enterprise Associates](https://millionrounds.com/fund/new-enterprise-associates) *Deploying now* VC firm · United States **1,610** **$34M** median round **Oct 2026** last seen
- 6 [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) *Deploying now* VC firm · United States **1,598** **$12M** median round **Nov 2026** last seen
- 7 [Plug and Play](https://millionrounds.com/fund/plug-and-play) *Deploying now* Accelerator · United States **1,561** **$5M** median round **Nov 2026** last seen
- 8 [General Catalyst](https://millionrounds.com/fund/general-catalyst) *Deploying now* VC firm · United States **1,387** **$27M** median round **Nov 2026** last seen
- 9 [SV Angel](https://millionrounds.com/fund/sv-angel) *Deploying now* VC firm · United States **1,349** **$18M** median round **Oct 2026** last seen
- 10 [Bpifrance](https://millionrounds.com/fund/bpifrance) *Deploying now* Government · France **1,151** **$4.5M** median round **Oct 2026** last seen
- 11 [MassChallenge](https://millionrounds.com/fund/masschallenge) *Deploying now* Accelerator · United States **984** **$1.8M** median round **Sept 2026** last seen
- 12 [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) *Deploying now* Government · European Union **875** **$4.3M** median round **Oct 2026** last seen
- 13 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen
- 14 [Goodwater Capital](https://millionrounds.com/fund/goodwater-capital) *Deploying now* VC firm · United States **526** **$4.1M** median round **Sept 2026** last seen
- 15 [Seedcamp](https://millionrounds.com/fund/seedcamp) *Deploying now* VC firm · United Kingdom **519** **$5M** median round **Nov 2026** last seen
- 16 [Polaris Partners](https://millionrounds.com/fund/polaris-partners) *Deploying now* VC firm · United States **490** **$36M** median round **Oct 2026** last seen
- 17 [Global Founders Capital](https://millionrounds.com/fund/global-founders-capital) *Deploying now* VC firm · Germany **461** **$7M** median round **Oct 2026** last seen
- 18 [OrbiMed](https://millionrounds.com/fund/orbimed) *Deploying now* Private equity · United States **447** **$71M** median round **Oct 2026** last seen
- 19 [Partech Ventures](https://millionrounds.com/fund/partech) *Deploying now* VC firm · France **444** **$15M** median round **Oct 2026** last seen
- 20 [RA Capital Management](https://millionrounds.com/fund/ra-capital-management) *Deploying now* Private equity · United States **395** **$93M** median round **Nov 2026** last seen
- 21 [Inovia Capital](https://millionrounds.com/fund/inovia-capital) *Deploying now* VC firm · Canada **328** **$11M** median round **Nov 2026** last seen
- 22 [Collaborative Fund](https://millionrounds.com/fund/collaborative-fund) *Deploying now* VC firm · United States **305** **$7.5M** median round **Oct 2026** last seen
- 23 [Wellington Management](https://millionrounds.com/fund/wellington-management) *Deploying now* VC firm · United States **297** **$130M** median round **Oct 2026** last seen
- 24 [Craft Ventures](https://millionrounds.com/fund/craft-ventures) *Deploying now* VC firm · United States **283** **$14M** median round **Oct 2026** last seen
- 25 [Angel Invest](https://millionrounds.com/fund/angel-invest) *Deploying now* VC firm · Germany **282** **$1.5M** median round **Nov 2026** last seen

**142 more on this list**

All 167 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

[See the whole list *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fforeign-investors-in-denmark)

## The Newest Cheques

Rounds this list's investors joined most recently

- **7** Nov **[Arka Fincap](https://millionrounds.com/company/arka-fincap)** Other *Led by* [TPG](https://millionrounds.com/fund/tpg)
- **6** Nov **[Physicl](https://millionrounds.com/company/physicl)** Seed · $10M *Led by* [Inovia Capital](https://millionrounds.com/fund/inovia-capital)
- **5** Nov **[Saidot](https://millionrounds.com/company/saidot)** Round *With* [Crowberry Capital](https://millionrounds.com/fund/crowberry-capital)
- **5** Nov **[T-Therapeutics](https://millionrounds.com/company/t-therapeutics)** Series B · $133M *With* [Eli Lilly](https://millionrounds.com/fund/eli-lilly)
- **5** Nov **[firmly](https://millionrounds.com/company/firmly)** Series A · $15M *With* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund)
- **5** Nov **[Cowboy](https://millionrounds.com/company/cowboy)** Seed · $5M *With* [Nebular](https://millionrounds.com/fund/nebular)

## Stages This Year

4,216 rounds

- Venture **20%**
- Seed **18%**
- Series A **16%**
- Pre-seed **11%**
- Series B **8%**
- Other **27%**

## What They Backed

Sectors, last 12 months

- AI **1,659**
- Biotech **424**
- Healthcare **279**
- Fintech **229**
- Big Data & Analytics **201**
- Energy **167**

## Cheques by Quarter

Led Joined

1,662 Q1 25

1,585 Q2 25

1,745 Q3 25

1,875 Q4 25

1,805 Q1 26

1,577 Q2 26

1,230 Q3 26

324 Q4 26

The last bar is the quarter still running.

## Lists Like This

- [Foreign investors in United States 1,267](https://millionrounds.com/lists/foreign-investors-in-united-states)
- [Foreign investors in United Kingdom 1,145](https://millionrounds.com/lists/foreign-investors-in-united-kingdom)
- [Foreign investors in Germany 553](https://millionrounds.com/lists/foreign-investors-in-germany)
- [Foreign investors in Canada 546](https://millionrounds.com/lists/foreign-investors-in-canada)
- [Foreign investors in France 461](https://millionrounds.com/lists/foreign-investors-in-france)
- [Foreign investors in Switzerland 417](https://millionrounds.com/lists/foreign-investors-in-switzerland)
- [Foreign investors in Australia 388](https://millionrounds.com/lists/foreign-investors-in-australia)
- [Foreign investors in Singapore 343](https://millionrounds.com/lists/foreign-investors-in-singapore)
- [Foreign investors in Netherlands 337](https://millionrounds.com/lists/foreign-investors-in-netherlands)

[All investor lists *→*](https://millionrounds.com/lists)

## Quick answers about foreign investors in Denmark

### Who are the most active foreign investors in Denmark?

By cheques observed, the most active are Y Combinator, Techstars, Sequoia Capital, Andreessen Horowitz and New Enterprise Associates.

### How many foreign investors in Denmark are there?

167 are on record. 95% made an investment in the last 12 months and 71% have led a round.

### Which stages do foreign investors in Denmark back?

Of the rounds with a named stage in the last 12 months, mostly Seed (26%) and Series A (22%).

### How big are the rounds foreign investors in Denmark join?

The typical (median) round among the leading investors here is $11M.

### Which sectors do foreign investors in Denmark back most?

In the last 12 months, mostly AI, Biotech and Healthcare.

### Which foreign investors in Denmark lead the most rounds?

Andreessen Horowitz (114 led), General Catalyst (97 led) and Sequoia Capital (91 led).

### Where are foreign investors in Denmark based?

Among the most active, most are based in the United States (17), France (2) and the United Kingdom (2).

### What have foreign investors in Denmark invested in recently?

Recent rounds include Arka Fincap (Other, Nov 2026, with TPG), Physicl (Seed, Nov 2026, with Inovia Capital) and Saidot (Nov 2026, with Crowberry Capital).

Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)
