Consistently ranked as one of the most livable cities in the world, Copenhagen is poised to leverage its position in the Scandinavian network of startup hubs – Malmo, Stockholm, and Helsinki. It offers a launchpad into both the pan-European, and to a greater extent, Scandinavian markets. The design talent in Copenhagen is among the best in the world, as reflected by the city’s pleasing aesthetic and brilliant urban design. From a legal perspective, Danish law makes it easier to both hire and fire workers, a necessity for a small startup to grow. Denmark itself has a highly educated population, a large proportion of English speakers, and a supportive national government. Start-up Denmark, a government initiative, aims to provide a gateway for talented foreign entrepreneurs by offering them a 2-year resident and work visa. The community works hard to accomplish goals from the ground up. An example of this is #CPHFTW, a grassroots initiative established to unite the startup community in Denmark and overcome any barriers the community may face. However, a shortage of active angel investors and major corporate anchors are hurdles that entrepreneurs face.
These businesses offer industry expertise and are a source of startup talent and potential customers. They help fuel the local startup community.
IPO'd for $2.4B on
Acquired for $144m by
Up and coming startup
Acquired for $53m by
Klaus is the former CEO of Just Eat, growing the company to a multi-billion dollar operation with over 1,000 employees. After returning to Copenhagen in 2013, he has become an active angel investor and evangelist in the community.
After founding Podio in 2009 and later exiting to Citrix in 2012, Kasper has since founded Peako. He continues to be involved in the ecosystem both as an angel investor and mentor for the community.
Christian is a cofounder of Founders House, an invite-only workspace for startups and entrepreneurs. Additionally, he is the founder and CEO at the mobile development studio, Shape.
Niels is a Partner at the largest early stage venture fund in Denmark, SEED Capital. Prior to joining, he worked with innovation and rapid product development in the telecom and Internet media industries.
Tommy is a serial entrepreneur and angel investor. He founded ZYB in 2005, and later sold the company to Vodafone for $50 million. He later became CEO of Podio until the company was sold to Citrix in 2012, and is now a prolific angel investor in the community.
#CPHFTW is a neutral, non-profit grass root initiative that aims to strengthen the startup ecosystem of Copenhagen. In his role as the Managing Director, Christoffer is responsible for building #CPHFTW's identity and developing platforms where members can meet.
Alex is a cofounder of Startupbootcamp, an global startup accelerator with locations across Europe, and is now a Partner at Rainmaking Innovation. This is composed of the Rainmaking Academy, an education platform for corporate employees, and Rainmaking Loft, a co-working space.
Founded by Neil in 2014, The Nordic Web is an online publication providing features and analysis on technological innovation, ideas, design and startups from the Nordic region. He is an organizer for Nordic Next, an annual investment conference, and is a contributor to Tech.eu.
Sebastian is a cofounder of the grassroots initiative #CPHFTW and is a PhD fellow at the Centre for Information and Innovation Law (CIIR). He is an organizer at Startup Grind, co-organizer of Scandinavia's biggest Lean Startup meetup, and an adviser for many startups.
Northcap is a seed, early, and growth stage VC and Jacob has been instrumental in pioneering Danish VC. His previous experience was at Scandinavian security software company Secunia, where he led the company's growth as COO.
Founded at a time when Danish venture capital was virtually non-existant, Northcap has grown to be one of the most influential VC firms in the country. Its focuses are at the seed, early, and growth stages.1999
The largest early stage venture fund in Denmark, Seecap has a strategic cooperation with a government-funded vehicle for pre-seed investments, Pre-Seed Innovation. Since its founding, Seedcap has raised $471 million.2005
Founded by Morten Mølgaard Jensen, Accelerace is Scandinavia's leading accelerator. The accelerator has worked with over 265 companies who have gone to raise $267 million.2005
Founded by Christian Risom and Tine Thygesen in 2011, Founders House is Copenhagen's first co-working space. It is now home to 35 companies, located in Startup Village, and is invite-only.2011
Founded in 2009, Podio has since become an icon for the Copenhagen community after its exit to Citrix. The founders of Podio have become prolific angel investors in the ecosystem, and continue to create new companies.June, 2012
Founded by startups for startups, #CPHFTW is a grassroots initiative created to remove silos that exist in the community, and strengthen the ecosystem through townhalls and VC events.2013
In the largest technology IPO on the London Stock Exchange in the past decade, Just Eat raises $2.44 billion. The company's former CEO, Klaus Nyengaard, has become an active angel investor and evangelist in the community.April, 2014
Founded in Berlin, Rainmaking Innovation comes to Copenhagen. It consists of access to the global Startupbootcamp accelerator network, a co-working space, and investor events.2015
A government initiative, Start-up Denmark aims to provide a gateway for talented foreign entrepreneurs by offering them a 2-year resident and work visa.2015
Trustpilot raises $73.5 million in Series D funding to take on Yelp and TripAdvisor. The round was led by Vitruvian Partners, and Trustpilot's previous backers DFJ Esprit, Index Ventures, Northzone and SEED Capital joined as well.December, 2015