Denmark

Danish AI Lab Sevren Launches Push for Compute-Efficient Open-Source Models

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Sevren, spun out from the Danish fintech Monthio, was announced as a new AI lab focused on open‑source, compute‑efficient models. Its core technologies, HEIMR and Faberon, aim to lower the hardware requirements for large‑context AI, enabling advanced models to run on smaller devices. The lab secured free access to Denmark’s sovereign AI supercomputer Gefion and is backed by a roster of high‑profile European angels. Sevren positions itself within the European AI sovereignty debate, seeking to turn the continent’s compute scarcity into a competitive advantage.

Danish-Lithuanian Drone Maker Monopulse Secures €2M+ to Scale EW-Resistant UAV Production

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Monopulse, a Danish‑Lithuanian UAV maker founded in 2021, secured more than €2 million from investors including Coinvest Capital, Plug and Play and NGL Ventures. The funding will boost production, R&D and market expansion for its electronic‑warfare‑resistant drones used by NATO forces.

PSV Tech closes second fund at €56 million to back Nordic early-stage startups

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PSV Tech, a Copenhagen‑based venture house launched in 2020, announced the final close of its second fund at €56 million. The fund, led by partners Helle Uth, Richard Breiter, Alexander Viterbo‑Horten and Christel Piron, aims to back early‑stage Nordic startups, especially in AI, software and digital infrastructure, before they reach product‑market fit. New limited partners include Chr. Augustinus Fabrikker and Nordea‑fonden, joining existing investors such as ATP and EIFO.

Copenhagen LegalTech Startup Pandektes Secures €13.5 Million Series A to Expand AI-Powered Legal Research Platform

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Copenhagen‑based LegalTech startup Pandektes secured €13.5 million in Series A funding led by Alstin Capital, bringing its total financing to €16.4 million. The capital will be used to scale its AI‑driven legal research platform across Europe and North America, grow its team and launch an API‑first data layer for legal tech applications.

Copenhagen AI Transcription Startup Good Tape Secures Fresh Funding to Launch Insight-Linking Platform

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Copenhagen‑based AI transcription startup Good Tape raised a new round of funding from Nordic Makers, completing a management buy‑out that gave the founders majority ownership. The capital will support the launch of Explore, a context‑layer tool that connects new recordings with past transcripts, helping journalists and other professionals uncover hidden insights and track changes over time.

Wero Expands European Payment Network With New Madrid-Based Joint Venture

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Wero, a European payment platform, is expanding its network as payment providers from several Southern and Northern European countries will connect via a new joint venture based in Madrid. The initiative will allow seamless cross‑border payments for consumers, such as sending a Tikkie abroad or paying online without a credit card, and aims to increase Wero’s reach despite challenges in markets like Germany.

Danish Traveltech Startup Tryp.com Secures €1.9 Million in Seed Funding Round

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Traveltech startup Tryp.com, founded in 2021 by six engineering students in Odense, Denmark, has raised €1.9 million in a seed round led by Point Capital Partners, with participation from Iberis Capital and angel investors. The funding brings its total capital to €5.9 million and will be used to broaden partnerships with travel brands, launch new product experiences and support geographic expansion into Asia and the Americas. The company now serves over 10 million users and processes around 14,000 tickets per month.