# The Danish Growth Fund's AI Investments: 10 Startups in Its Portfolio (2026) > The 10 AI startups The Danish Growth Fund has backed, by stage: $91M raised between them. From the rounds we track; updated nightly. Source: https://millionrounds.com/portfolio-maps/v-kstfonden-ai-portfolio (Millionrounds; every figure on the page links to its filing or article) ## Stage not reported 4 - [Butter Payments](https://millionrounds.com/company/butter-payments) - [2021.AI](https://millionrounds.com/company/2021-ai) - [Abzu](https://millionrounds.com/company/abzu) - [Segtnan AI](https://millionrounds.com/company/segtnan-ai) ## Pre-seed and seed 4 - [Reform](https://millionrounds.com/company/reform) - [Capturi](https://millionrounds.com/company/capturi) - [Tryp.com](https://millionrounds.com/company/tryp-com) - [Go Dogo](https://millionrounds.com/company/go-dogo) ## Series A 2 - [Cerebriu](https://millionrounds.com/company/cerebriu) - [raffle.ai](https://millionrounds.com/company/raffle-ai) ## Segment by segment ### Stage not reported 4 startups · $17M raised - [**Butter Payments**](https://millionrounds.com/company/butter-payments) Butter Payments is a San Francisco-based FinTech company founded in 2020, focusing on payment recovery technology for subscription United States $10M - [**2021.AI**](https://millionrounds.com/company/2021-ai) 2021.AI is a Denmark-based enterprise AI technology provider founded in 2016 by CEO Mikael Munck. Denmark $4.1M - [**Abzu**](https://millionrounds.com/company/abzu) Abzu is a Denmark-based B2B AI platform that develops high-performance quantum simulators to accelerate analysis and insights thro Denmark $2.4M - [**Segtnan AI**](https://millionrounds.com/company/segtnan-ai) Integrating AI in health sector to reduce costs and save lives. Denmark $146K ### Pre-seed and seed 4 startups · $38M raised - [**Reform**](https://millionrounds.com/company/reform) REFORM is a marketing and online branding company that offers media buying, public relations, and data analytics services. United States $30M - [**Capturi**](https://millionrounds.com/company/capturi) Capturi is a company that uses AI and Speech Analytics to improve customer interactions. Denmark $4.7M - [**Tryp.com**](https://millionrounds.com/company/tryp-com) Tryp.com is a Danish travel technology startup founded in 2019 by a group of engineering students. Denmark $3.2M - [**Go Dogo**](https://millionrounds.com/company/go-dogo) Go Dogo is a software company that offers AI, computer vision, and mental enrichment for dogs with brain games. Denmark $219K ### Series A 2 startups · $37M raised - [**Cerebriu**](https://millionrounds.com/company/cerebriu) Cerebriu is a Danish healthtech company founded in 2018, based in Copenhagen. Denmark $30M - [**raffle.ai**](https://millionrounds.com/company/raffle-ai) raffle.ai is a Copenhagen-based software company founded in 2018, specializing in AI-powered content intelligence. Denmark $6.7M **How this map is made.** Every startup here works in AI and has raised money in a round we track that names The Danish Growth 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) [Portfolio map **The Danish Growth Fund portfolio map** 58 startups · $1.2B](https://millionrounds.com/portfolio-maps/v-kstfonden-portfolio-map)[Co-investors **Who invests with The Danish Growth Fund** 25 co-investors](https://millionrounds.com/portfolio-maps/v-kstfonden-co-investors)[Sector portfolio **Guillermo Rauch's AI portfolio** 34 startups · $2.6B](https://millionrounds.com/portfolio-maps/guillermo-rauch-ai-portfolio)[Sector portfolio **Fusion Fund's AI portfolio** 31 startups · $1.1B](https://millionrounds.com/portfolio-maps/fusion-fund-2-ai-portfolio)[Sector portfolio **BioInnovation Institute's Biotech portfolio** 31 startups · $165M](https://millionrounds.com/portfolio-maps/bioinnovation-institute-biotech-portfolio)[Sector portfolio **Flourish Ventures' Fintech portfolio** 27 startups · $3.3B](https://millionrounds.com/portfolio-maps/flourish-ventures-2-fintech-portfolio) ## Raising from investors like The Danish Growth Fund? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)