Funded Energy Startups in Denmark
Across these 14 funded energy entries in Denmark (most recent round date 2025-04-07), Danske Commodities’ disclosed $3.7B round on 2022-12-21 is a clear ou…
Across these 14 funded energy entries in Denmark (most recent round date 2025-04-07), Danske Commodities’ disclosed $3.7B round on 2022-12-21 is a clear outlier: it dwarfs every other disclosed amount in the list, where the next-largest disclosed rounds are $45M (Blue Energy, 2024-10-08) and $44M (BioCirc, 2025-04-03). The rest of the disclosed rounds cluster far lower, including multiple single-digit to low tens of millions (e.g., Windar Photonics $6M on 2024-04-12; Kvasir Technologies $3M on 2024-02-22; STAC Technology $3M on 2021-12-16). Geographically, the dataset is heavily concentrated in the Hovedstaden region, with many entries in Copenhagen and nearby cities (e.g., BioCirc in Copenhagen on 2025-04-03; Dynelectro in Copenhagen on 2024-07-11; Arcadia eFuels in Copenhagen on 2023-10-09), while Midtjylland appears less often (e.g., Everfuel in Herning on 2023-03-09; Danske Commodities in Aarhus on 2022-12-21). Temporally, rounds are dense from late 2023 through 2025, spanning 2021-12-16 to 2025-04-07, and stage labeling is mixed: 9 of 14 entries show “Series Unknown,” while only a few disclose named stages like Seed (Kvasir Technologies, LastObject), Series A (Blue Energy), or Series C (Blue World Technologies).
Most recent rounds
14 shownRelated listings
Frequently asked
What’s the largest disclosed round here, and how does it compare to the rest of the disclosed amounts?
Danske Commodities’ disclosed $3.7B round (2022-12-21) is the only disclosed amount in the billions and dwarfs the rest; the next-largest disclosed rounds are $45M (Blue Energy, 2024-10-08) and $44M (BioCirc, 2025-04-03).
Do the most recent rounds cluster by time in the Denmark energy dataset?
Yes. The listing shows 6 rounds from 2024-10-08 through 2025-04-07 (Blue Energy 2024-10-08 through Nordic Solar Energy 2025-04-07), including two entries in April 2025 (BioCirc on 2025-04-03 and Nordic Solar Energy on 2025-04-07).
Which geography appears most over-represented across the 14 entries?
Hovedstaden dominates: multiple rounds are based in Copenhagen (BioCirc 2025-04-03 $44M; Dynelectro 2024-07-11 $12M; Arcadia eFuels 2023-10-09 undisclosed) and nearby cities in the same region (Hellerup: Nordic Solar Energy 2025-04-07 undisclosed; Taastrup: Windar Photonics 2024-04-12 $6M). Midtjylland shows up less often (Everfuel in Herning 2023-03-09 $27M; Danske Commodities in Aarhus 2022-12-21 $3.7B).
What stage information is most common, and are named stages concentrated among a few companies?
“Series Unknown” appears on 9 of 14 entries (e.g., Nordic Solar Energy 2025-04-07 undisclosed; Dynelectro 2024-07-11 $12M; Wavepiston 2025-03-13 $980K). Named stages are limited to a smaller set, including Seed (Kvasir Technologies 2024-02-22 $3M; LastObject 2022-03-22 $3M), Series A (Blue Energy 2024-10-08 $45M), and Series C (Blue World Technologies 2023-12-05 $12M).
Are “undisclosed” rounds a meaningful share, or do disclosed amounts dominate the picture?
Undisclosed amounts appear on 2 of 14 entries: Nordic Solar Energy (2025-04-07) and Arcadia eFuels (2023-10-09). That means 12 of 14 entries provide disclosed amounts, making the large outlier effect from Danske Commodities’ $3.7B (2022-12-21) easier to observe against the rest.
Any other notable outliers besides the $3.7B round?
Within disclosed amounts, Wavepiston’s $980K (2025-03-13) is among the lowest non-undisclosed figures, sitting below other small disclosed rounds like Kvasir Technologies’ $3M (2024-02-22) and LastObject’s $3M (2022-03-22).
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.