# The Danish Growth Fund Portfolio Map 2026: 58 Startups by Sector > The Danish Growth Fund's portfolio mapped: 58 startups it has backed, in 11 sectors from AI, Biotech and IT Services on. Source: https://millionrounds.com/portfolio-maps/v-kstfonden-portfolio-map (Millionrounds; every figure on the page links to its filing or article) ## AI 10 - [Cerebriu](https://millionrounds.com/company/cerebriu) - [Reform](https://millionrounds.com/company/reform) - [Butter Payments](https://millionrounds.com/company/butter-payments) - [raffle.ai](https://millionrounds.com/company/raffle-ai) - [Capturi](https://millionrounds.com/company/capturi) - [2021.AI](https://millionrounds.com/company/2021-ai) - [Tryp.com](https://millionrounds.com/company/tryp-com) - [Abzu](https://millionrounds.com/company/abzu) - [Go Dogo](https://millionrounds.com/company/go-dogo) - [Segtnan AI](https://millionrounds.com/company/segtnan-ai) ## Biotech 7 - [Symphogen](https://millionrounds.com/company/symphogen) - [Antag Therapeutics](https://millionrounds.com/company/antag-therapeutics) - [Synklino](https://millionrounds.com/company/synklino) - [CathVision](https://millionrounds.com/company/cathvision) - [Chromologics](https://millionrounds.com/company/chromologics) - [Octarine Bio](https://millionrounds.com/company/octarine-bio) - [Proxeon](https://millionrounds.com/company/proxeon) ## IT Services 7 - [Onomondo](https://millionrounds.com/company/onomondo) - [Factbird ApS](https://millionrounds.com/company/factbird-aps) - [Proper](https://millionrounds.com/company/proper) - [Viio](https://millionrounds.com/company/viio) - [All Gravy](https://millionrounds.com/company/all-gravy) - [SynergyXR](https://millionrounds.com/company/synergyxr) - [Propstep](https://millionrounds.com/company/propstep) ## Fintech 6 - [*P* Pleo](https://millionrounds.com/company/pleo) - [Klimate](https://millionrounds.com/company/klimate) - [Uniify](https://millionrounds.com/company/uniify) - [CodeSealer](https://millionrounds.com/company/codesealer) - [Tjommi](https://millionrounds.com/company/tjommi) - [TaxHelper](https://millionrounds.com/company/taxhelper) ## Agtech 6 - [Agreena](https://millionrounds.com/company/agreena) - [*KI* Keep IT Cool](https://millionrounds.com/company/keep-it-cool) - [Nordic Harvest](https://millionrounds.com/company/nordic-harvest) - [Commoditrader](https://millionrounds.com/company/commoditrader) - [Seasony](https://millionrounds.com/company/seasony) - [Nordetect](https://millionrounds.com/company/nordetect) ## Consumer Apps 5 - [Vivino](https://millionrounds.com/company/vivino) - [Donkey Republic](https://millionrounds.com/company/donkey-republic) - [Drivr](https://millionrounds.com/company/drivr) - [BeCause](https://millionrounds.com/company/because) - [Openframe](https://millionrounds.com/company/openframe) ## E-commerce 4 - [Creative Force](https://millionrounds.com/company/creative-force) - [OrderYoyo](https://millionrounds.com/company/orderyoyo) - [SON OF A TAILOR](https://millionrounds.com/company/son-of-a-tailor) - [Bookingabus.com](https://millionrounds.com/company/bookingabus-com) ## Big Data & Analytics 4 - [*BS* Blackwood Seven](https://millionrounds.com/company/blackwood-seven) - [RushFiles](https://millionrounds.com/company/rushfiles) - [Ontame io](https://millionrounds.com/company/ontame-io) - [Morningscore](https://millionrounds.com/company/morningscore) ## Foodtech 3 - [Reduced](https://millionrounds.com/company/reduced) - [Algiecel](https://millionrounds.com/company/algiecel) - [Quickorder](https://millionrounds.com/company/quickorder) ## Consumer Services 3 - [Goodiebox](https://millionrounds.com/company/goodiebox) - [KUBO Robot](https://millionrounds.com/company/kubo-robot) - [Shouter](https://millionrounds.com/company/shouter) ## Advertising & Adtech 3 - [Neurons](https://millionrounds.com/company/neurons) - [Woomio](https://millionrounds.com/company/woomio) - [Cavea](https://millionrounds.com/company/cavea) ## Segment by segment ### AI 10 startups · $91M raised - [**Cerebriu**](https://millionrounds.com/company/cerebriu) Cerebriu is a Danish healthtech company founded in 2018, based in Copenhagen. Denmark $30M - [**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 - [**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 - [**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 - [**Capturi**](https://millionrounds.com/company/capturi) Capturi is a company that uses AI and Speech Analytics to improve customer interactions. Denmark $4.7M - [**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 - [**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 - [**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 ### Biotech 7 startups · $509M raised - [**Symphogen**](https://millionrounds.com/company/symphogen) Symphogen is a biotechnology company that produces recombinant polyclonal antibody drugs for disease treatment and prevention. Denmark $360M - [**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 - [**Synklino**](https://millionrounds.com/company/synklino) Synklino is a developer of a CMV-specific immunotoxin intended to eradicate the cytomegalovirus infection. Denmark $32M - [**CathVision**](https://millionrounds.com/company/cathvision) CathVision is a medical technology company based in Copenhagen, Denmark, specializing in cardiac electrophysiology. Denmark $16M - [**Chromologics**](https://millionrounds.com/company/chromologics) Chromologics is a Copenhagen-based biotech company founded in 2017, originating from the Technical University of Denmark. Denmark $8.1M - [**Octarine Bio**](https://millionrounds.com/company/octarine-bio) Octarine Bio is a Danish biotechnology company founded in 2018 and based in Copenhagen. Denmark $5.9M - [**Proxeon**](https://millionrounds.com/company/proxeon) Proxeon develops state-of-the-art solutions to solve many of the scientific and technical challenges that are faced by those worki Denmark $2.4M ### IT Services 7 startups · $55M raised - [**Onomondo**](https://millionrounds.com/company/onomondo) Onomondo is a global cellular operator based in Copenhagen, Denmark, specializing in Internet of Things (IoT) connectivity. Denmark $23M - [**Factbird ApS**](https://millionrounds.com/company/factbird-aps) Real-time production monitoring Denmark $16M - [**Proper**](https://millionrounds.com/company/proper) Proper offers natural sleep supplements and sleep coaching to help consumers improve their long-term sleep health. Denmark $7.4M - [**Viio**](https://millionrounds.com/company/viio) Viio is a SaaS management platform that allows modern IT and finance teams to reduce software costs and bring automation to SaaS purchases. Denmark $3.6M - [**All Gravy**](https://millionrounds.com/company/all-gravy) All Gravy is an AI-powered all-in-one employee app founded in 2020 in Copenhagen, Denmark. Denmark $2.8M - [**SynergyXR**](https://millionrounds.com/company/synergyxr) SynergyXR is a Danish technology company that specializes in no-code Extended Reality (XR) and Spatial Computing solutions. Denmark $2.2M - [**Propstep**](https://millionrounds.com/company/propstep) Propstep is a Denmark-based SaaS and marketplace platform founded in 2017, with roots tracing back to 2015. Denmark $473K ### Fintech 6 startups · $130M raised - [*P* **Pleo**](https://millionrounds.com/company/pleo) United Kingdom $118M - [**Klimate**](https://millionrounds.com/company/klimate) Klimate is a Copenhagen-based B2B Carbon Asset Manager founded in 2020. Denmark $3.7M - [**Uniify**](https://millionrounds.com/company/uniify) Uniify is a customer onboarding platform based in Copenhagen, focused on serving financial services companies. Denmark $3.3M - [**CodeSealer**](https://millionrounds.com/company/codesealer) CodeSealer delivers unique solutions to protect API's and web applications Denmark $2.9M - [**Tjommi**](https://millionrounds.com/company/tjommi) Tjommi is a B2C app helping customers get money back from price drops. Denmark $1.2M - [**TaxHelper**](https://millionrounds.com/company/taxhelper) TaxHelper is a Danish fintech startup founded in 2020, based in Copenhagen. Denmark $764K ### Agtech 6 startups · $116M raised - [**Agreena**](https://millionrounds.com/company/agreena) Agreena is a Danish company based in Copenhagen, specializing in climate solutions and agritech. Denmark $50M - [*KI* **Keep IT Cool**](https://millionrounds.com/company/keep-it-cool) Kenya $50M - [**Nordic Harvest**](https://millionrounds.com/company/nordic-harvest) Nordic Harvest is a Danish sustainable food producer that specializes in vertical farming technology. Denmark $9.1M - [**Commoditrader**](https://millionrounds.com/company/commoditrader) Commoditrader provides a trading platform for farmer and trader to buy, sell grains and other raw materials at the best price. - $4.8M - [**Seasony**](https://millionrounds.com/company/seasony) We are here to make the future of farming profitable, scaleable, and sustainable. Denmark $1.6M - [**Nordetect**](https://millionrounds.com/company/nordetect) Nordetect combines Lab-on-a-Chip and Computer Vision to build portable analysis systems for the AgriFood industry United States $585K ### Consumer Apps 5 startups · $239M raised - [**Vivino**](https://millionrounds.com/company/vivino) Vivino is a wine app, and the largest online wine marketplace + community providing tools to help people buy the right wine. Denmark $211M - [**Donkey Republic**](https://millionrounds.com/company/donkey-republic) Donkey Republic is probably the best bike and ebike sharing service in Europe with service in 60+ cities Denmark $13M - [**Drivr**](https://millionrounds.com/company/drivr) DRIVR specializes in the mission of improving the lives of last-mile drivers. Denmark $9.8M - [**BeCause**](https://millionrounds.com/company/because) BeCause is an AI-powered sustainability data management platform tailored for the travel, tourism, and hospitality industries. Denmark $4.2M - [**Openframe**](https://millionrounds.com/company/openframe) OpenFrame empowers real estate agents to easily create beautiful video tours in minutes using an elegant app and a unique portable Denmark $595K ### E-commerce 4 startups · $19M raised - [**Creative Force**](https://millionrounds.com/company/creative-force) SaaS workflow platform for eCommerce content creation at scale United States $8.9M - [**OrderYoyo**](https://millionrounds.com/company/orderyoyo) OrderYoyo is an ordering system that enables local takeaway restaurants to engage with their customers and succeed online. Denmark $6.0M - [**SON OF A TAILOR**](https://millionrounds.com/company/son-of-a-tailor) Son of a Tailor is a Copenhagen-based fashion-tech company founded in 2014, dedicated to transforming the clothing industry with a Denmark $3.0M - [**Bookingabus.com**](https://millionrounds.com/company/bookingabus-com) Bookingabus.com is a search engine to get instant comparable prices for renting busses in Denmark and Europe! Denmark $1.2M ### Big Data & Analytics 4 startups · $40M raised - [*BS* **Blackwood Seven**](https://millionrounds.com/company/blackwood-seven) Blackwood Seven is a software company focusing on predictive analytics for businesses. Denmark $28M - [**RushFiles**](https://millionrounds.com/company/rushfiles) RushFiles offers secure cloud storage and file sharing solutions. Denmark $10M - [**Ontame io**](https://millionrounds.com/company/ontame-io) Ontame is a recruitment analytics and planning platform, enables HR to measure and optimize talent attraction efforts in real-time - $830K - [**Morningscore**](https://millionrounds.com/company/morningscore) Morningscore is a gamified, all-in-one SaaS SEO and GEO platform based in Odense, Denmark, founded in 2018. Denmark $700K ### Foodtech 3 startups · $22M raised - [**Reduced**](https://millionrounds.com/company/reduced) Reduced develops natural flavor enhancers from upcycled produce. Denmark $14M - [**Algiecel**](https://millionrounds.com/company/algiecel) ALGIECEL is a Danish biosolutions and biotechnology company based in Odense, founded in May 2021 by CEO Henrik Busch-Larsen. Denmark $7.3M - [**Quickorder**](https://millionrounds.com/company/quickorder) Quickorder provides an all-in-one restaurant management platform with POS, mobile ordering, table booking, and staff tools. Denmark $1.5M ### Consumer Services 3 startups · $7.4M raised - [**Goodiebox**](https://millionrounds.com/company/goodiebox) Goodiebox is an online cosmetic company that provides cosmetics and beauty products. Denmark $6.5M - [**KUBO Robot**](https://millionrounds.com/company/kubo-robot) KUBO Robot empowers kids to explore robotics, programming, problem-solving, and creative thinking through tangible play. - $517K - [**Shouter**](https://millionrounds.com/company/shouter) Mobile Apps, Marketplace, E-Commerce, Consumer Marketplace Denmark $384K ### Advertising & Adtech 3 startups · $13M raised - [**Neurons**](https://millionrounds.com/company/neurons) Neurons is an AI-based application and program for production, data processing, and supply companies. Denmark $6.0M - [**Woomio**](https://millionrounds.com/company/woomio) Woomio enables brands, agencies, retailers, and online influencers to find each other and measure on their collaborations. Denmark $5.5M - [**Cavea**](https://millionrounds.com/company/cavea) CAVEA.IO is a computer vision tech company specializing in AI based media analysis for esports and gaming. - $1.2M **How this map is made.** Every startup here has raised money in a round we track that names The Danish Growth Fund as an investor, the first in 2004. Each sits under its main sector, read from its rounds, and each sector shows its best-funded first; sectors with fewer than three companies are left off. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [VC firm **Alexandria Venture Investments** 89 startups · 4 sectors · $5.9B](https://millionrounds.com/portfolio-maps/alexandria-venture-investments-portfolio-map)[VC firm **Kickstart** 68 startups · 12 sectors · $1.4B](https://millionrounds.com/portfolio-maps/kickstart-portfolio-map)[VC firm **BioInnovation Institute** 66 startups · 6 sectors · $249M](https://millionrounds.com/portfolio-maps/bioinnovation-institute-portfolio-map)[VC firm **Transpose Platform Management** 53 startups · 3 sectors · $1.1B](https://millionrounds.com/portfolio-maps/transpose-platform-management-portfolio-map)[VC firm **Guillermo Rauch** 49 startups · 4 sectors · $3.2B](https://millionrounds.com/portfolio-maps/guillermo-rauch-portfolio-map)[VC firm **Flourish Ventures** 47 startups · 4 sectors · $4.2B](https://millionrounds.com/portfolio-maps/flourish-ventures-2-portfolio-map) ## Raising from investors like The Danish Growth Fund? 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