# Export and Investment Fund's Biotech Investments: 11 Startups in Its Portfolio (2026)

> The 11 Biotech startups Export and Investment Fund has backed, by stage: $180M raised between them. From the rounds we track; updated nightly.

Source: https://millionrounds.com/portfolio-maps/export-and-investment-fund-biotech-portfolio (Millionrounds; every figure on the page links to its filing or article)

## Stage not reported

5

- [Green2x](https://millionrounds.com/company/green2x)
- [EvodiaBio](https://millionrounds.com/company/evodiabio)
- [Cellugy](https://millionrounds.com/company/cellugy)
- [Clair Scientific](https://millionrounds.com/company/clair-scientific)
- [NorFalk](https://millionrounds.com/company/norfalk)

## Series A

3

- [Antag Therapeutics](https://millionrounds.com/company/antag-therapeutics)
- [Hoba Therapeutics](https://millionrounds.com/company/hoba-therapeutics)
- [Fida Biosystems](https://millionrounds.com/company/fida-biosystems)

## Pre-seed and seed

3

- [Draupnir Bio](https://millionrounds.com/company/draupnir-bio)
- [Fuse Vectors](https://millionrounds.com/company/fuse-vectors)
- [CAMBIOTICS](https://millionrounds.com/company/cambiotics)

## Segment by segment

### Stage not reported

5 startups · $42M raised

- [**Green2x**](https://millionrounds.com/company/green2x) Green2x A/S is a Danish bioenergy startup founded in 2020, focused on converting agricultural leftovers, primarily straw, into sca Denmark $16M
- [**EvodiaBio**](https://millionrounds.com/company/evodiabio) EvodiaBio is a Danish bio-industrial startup founded in 2021 and based in Copenhagen. Denmark $14M
- [**Cellugy**](https://millionrounds.com/company/cellugy) Cellugy operates as a biotechnology startup. Denmark $9.4M
- [**Clair Scientific**](https://millionrounds.com/company/clair-scientific) Clair Scientific is a Danish healthtech startup founded in 2022, specializing in affordable, automated microscopes for life scienc Denmark $1.7M
- [**NorFalk**](https://millionrounds.com/company/norfalk) NorFalk is a Denmark-based industrial biotechnology startup founded in 2019 by Kasper Falkenberg and Nicklas Nørgaard. Denmark $1.4M

### Series A

3 startups · $115M raised

- [**Antag Therapeutics**](https://millionrounds.com/company/antag-therapeutics) Antag Therapeutics is a clinical-stage biopharmaceutical company based in Copenhagen, focused on developing innovative therapies f Denmark $84M
- [**Hoba Therapeutics**](https://millionrounds.com/company/hoba-therapeutics) Hoba Therapeutics ApS is a Danish biotechnology company based in Copenhagen, focused on developing innovative biopharmaceuticals f Denmark $25M
- [**Fida Biosystems**](https://millionrounds.com/company/fida-biosystems) Fida Biosystems is a company that operates in the field of biotechnology and provides nanoparticle and protein analysis services. Denmark $5.9M

### Pre-seed and seed

3 startups · $23M raised

- [**Draupnir Bio**](https://millionrounds.com/company/draupnir-bio) Draupnir Bio is a Danish biotechnology company based in Copenhagen, with research operations in Aarhus. Denmark $13M
- [**Fuse Vectors**](https://millionrounds.com/company/fuse-vectors) Fuse Vectors is a Danish biotechnology startup founded in 2022, focused on advancing gene therapy development with its innovative Denmark $5.2M
- [**CAMBIOTICS**](https://millionrounds.com/company/cambiotics) Cambiotics is a biotechnology company based in Copenhagen, founded in 2024. Denmark $4.7M

**How this map is made.** Every startup here works in Biotech and has raised money in a round we track that names Export and Investment Fund as an investor. Each sits under the stage of its latest round. Rebuilt nightly; updated 15 November 2026.

## More portfolio maps

[All portfolios](https://millionrounds.com/portfolio-maps)

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