LP profile

Dansk Vækstkapital

Other · Denmark

#850 LP Ranking #89 of 2,413 LPs

Making risk capital available to entrepreneurs and small and medium-sized companies with potential for growth.

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21 VC firms backed

01 · Background

Who Dansk Vækstkapital is.

Historical Background: The first Dansk Vækstkapital fund was established in 2011 with a mandate to invest in the Danish ecosystem through venture and buyout funds. Since its inception, the firm has launched successive funds, including Dansk Vækstkapital II and III, raising approximately DKK 9.4 billion in total commitments from investors.
Source of Capital: The capital for Dansk Vækstkapital's funds is sourced from a broad circle of Danish institutional investors and pension funds.
Major Events: In 2024, the management of Dansk Vækstkapital funds I, II, and III was transferred from the Export and Investment Fund of Denmark (EIFO) to Danske Bank following a comprehensive tendering process. Following the management transfer, Danske Bank launched Dansk Vækstkapital IV in 2025 to continue the strategy of providing capital to the Nordic startup and growth landscape.
Allocation Strategy: The firm operates as a fund-of-funds, investing in a portfolio of venture capital funds and buyout funds rather than directly in single companies. Geographically, the investment focus is primarily on Denmark and the broader Nordic region, with a stated goal of directing 75% of capital to this area. The allocation is diversified across stages; for Dansk Vækstkapital II, approximately one-third of the capital was aimed at venture funds (start-ups) and two-thirds at funds for established small and medium-sized companies. Dansk Vækstkapital IV continues this multi-stage approach, with separate modules for venture capital, growth-stage businesses, and small to mid-cap companies.