Funded Startups in Denmark
The largest disclosed round in this Denmark snapshot is Flatpay’s $168M (2025-11-22, Series D), and it dwarfs the next-largest disclosed amounts—most notab…
The largest disclosed round in this Denmark snapshot is Flatpay’s $168M (2025-11-22, Series D), and it dwarfs the next-largest disclosed amounts—most notably Hemab’s $157M (2025-11-02, Series C) and BioCirc’s $44M (2025-04-03, Series Unknown). At the same time, disclosed seed and pre-seed rounds are common: Signal closed a $590K seed (2025-04-02), while multiple pre-seeds sit around $1M–$4M (e.g., Propane $1M on 2025-08-26; Nordic Salt Cycle $4M on 2025-11-19), with the smallest disclosed amount being Evaxion Biotech’s $80K (2025-06-03, Series Unknown).
Geographically and temporally, the entries cluster in Copenhagen and Hovedstaden: Copenhagen-based companies appear repeatedly in late 2025 (e.g., Pie Systems $16M on 2025-11-26; Dreamdata $55M on 2025-10-18; Teton $20M on 2025-09-08). Stage labels are split between named rounds and “Series Unknown”: 10 of 50 rows show “Series Unknown” and 6 of 50 rows show “undisclosed.” Overall, round dates span 2025-03-13 (Aksel, Seed) through 2025-11-30 (ShipTown, Seed).
Most recent rounds
50 shownRelated listings
Frequently asked
Which disclosed rounds stand out by size, and are there major gaps between top deals and the rest?
Flatpay’s $168M (2025-11-22, Series D) is the largest disclosed amount and it sits just above Hemab’s $157M (2025-11-02, Series C); after those, the next-largest disclosed amounts are materially smaller (e.g., BioCirc at $44M on 2025-04-03). On the low end, Evaxion Biotech’s $80K (2025-06-03, Series Unknown) is the smallest disclosed amount in the list.
Do most rounds concentrate in a particular city (or region), especially around late 2025?
Copenhagen and the Hovedstaden area dominate the late-2025 entries: Pie Systems ($16M, 2025-11-26), Dreamdata ($55M, 2025-10-18), and Teton ($20M, 2025-09-08) are all Copenhagen/Hovedstaden-based. Earlier dates still include the same pattern—BioCirc ($44M, 2025-04-03, Copenhagen) and Audientes ($80K, 2025-05-02, Virum/Hovedstaden) reinforce that concentration.
What stage labeling pattern shows up most often, and where are the most common data gaps?
Named stages appear frequently, but “Series Unknown” is also prominent: 10 of 50 rows are labeled “Series Unknown” (e.g., Chromologics $8M on 2025-11-22; SNIPR Biome $41M on 2025-08-07). In parallel, 6 of 50 rows are “undisclosed” (e.g., Legacy on 2025-10-30; Responsibly on 2025-08-11).
How much of the pipeline falls into the most recent time window in this view?
Late 2025 carries multiple high-disclosed deals: Flatpay ($168M, 2025-11-22), Hemab ($157M, 2025-11-02), and Formalize ($35M, 2025-10-28) all land in the last ~6–8 weeks of the date range shown. The full set spans 2025-03-13 (Aksel, Seed) to 2025-11-30 (ShipTown, Seed), so the “recent” edge is strongly weighted toward the second half of 2025.
Are there notable sector clusters that repeatedly appear across rounds?
Biotechnology is a clear repeat category, appearing in multiple rows with different disclosed sizes and stages (e.g., Chromologics $8M on 2025-11-22; Hemab $157M on 2025-11-02; SNIPR Biome $41M on 2025-08-07; Evaxion Biotech $80K on 2025-06-03). Energy also appears more than once (ShipTown $770K on 2025-11-30; Nordic Solar Energy is undisclosed on 2025-04-07; BioCirc $44M on 2025-04-03), suggesting parallel activity in climate/energy themes.
Which outliers might merit deeper diligence beyond the dominant size and stage patterns?
A structural outlier on the low end is Evaxion Biotech’s $80K (2025-06-03, Series Unknown) versus the much larger disclosed rounds clustered later in 2025 (e.g., Flatpay $168M on 2025-11-22). Another diligence cue is missing amounts: Legacy is “undisclosed” on 2025-10-30 and multiple others are undisclosed (e.g., Responsibly 2025-08-11, Trackunit 2025-06-16), which can hide comparable-sized rounds when disclosed figures aren’t provided.
Know which startups just got funded. Every week.
Fresh funding rounds, new companies, and the sectors moving fastest — in your inbox every Monday morning.
Free. Sent every Monday. Unsubscribe anytime.