Denmark’s Hidden IPO Pipeline: 54 Companies Positioned for Public Markets by 2030

A new analysis by The Association of Listed Danish Companies (FBV) reveals 54 Danish companies with IPO potential by 2030, including scaled startups like Pleo, Lunar, Veo, and Too Good To Go. The report suggests Denmark’s IPO pipeline is stronger than commonly assumed, with these 54 candidates representing nearly a third of the current Danish stock market. The analysis recommends three key steps: encouraging pension fund investment in Danish equities, improving retail investor incentives, and simplifying the listing process.

Fin Launches Operator, an AI Agent to Manage Its Customer-Facing AI Agent

Fin (formerly Intercom) announced Fin Operator, an AI agent that manages the customer-facing Fin AI agent. The product targets support operations teams, automating data analysis, knowledge management, and agent debugging. It runs on Anthropic’s Claude models and includes a human approval system for all proposed changes. The company recently rebranded from Intercom to Fin, signaling that AI agents are now the core business. Fin generates 100 million ARR and is growing at 3.5x, accounting for roughly a quarter of total company revenue.

Portuguese holding company Semapa reports 513.3 million euros in Q1 profits from cement division sale

Portuguese holding company Semapa reported Q1 2026 results showing 513.3 million euros in profits, primarily from the sale of cement company Secil for 1.4 billion euros. Operating performance declined with consolidated revenue at 478.4 million euros (down 14.1%) and EBITDA contracting 40.7% to 70.9 million euros. The company invested 102.9 million euros, including reinforced investment in Gropyus and new investments in CarbonRe and Sybilion through its venture capital arm Semapa Next.

Grupo Brisa Reports Strong 2025 Growth With €1.23 Billion in Revenue Following Strategic Merger

Grupo Brisa, Portugal’s highway concessions operator, reported 2025 revenues of 1,231.6 million euros, a 13% increase from 2024. The group completed a merger with Rubicone BidCo effective January 1, 2025, strengthening its financial capacity. Net income was 173.4 million euros (down 44% from 2024 due to accounting effects of the merger). EBITDA increased 5.3% to 860.9 million euros. The group invested 109 million euros in infrastructure maintenance and improvements, a 25.9% increase from the previous year.

Dutch Defence Tech Startup Destinus Targets €200m Pre-IPO Raise Ahead of Public Markets Debut

Destinus, a Dutch defence tech startup founded in 2021, is in talks to raise approximately €200m in a pre-IPO funding round, seeking a valuation above €5bn based on forecast annual revenues of €500m. The company, which develops drones and cruise missiles, recently acquired Swiss autonomous pilot startup Daedalean for $225m to strengthen its AI and autonomous flight capabilities.

Milan’s Gruppo Cap Approves €1 Billion Water Infrastructure Plan Through 2037

Gruppo Cap, the integrated water utility serving the Milan metropolitan area, approved a major industrial plan update through 2037 with total investments reaching over 1 billion euros by 2033. The plan focuses on infrastructure modernization, climate resilience, emerging micropollutant management, digitalization and cybersecurity. The company reported 2025 revenues of 500.5 million euros with 36.4 million euros net profit.

LVMH Sells Marc Jacobs to WHP Global and G III Apparel Group Joint Venture for $850 Million

LVMH agreed to sell Marc Jacobs to a 50/50 joint venture between WHP Global and G III Apparel Group for 850 million dollars. The transaction will be completed before the end of 2026. Marc Jacobs will continue as Creative Director. This marks the end of nearly three decades of LVMH ownership, which began in 1997.

Anthropic Raises $30 Billion at $900 Billion Valuation, Overtaking OpenAI’s Valuation

Anthropic is raising $30 billion at a $900 billion valuation, surpassing OpenAI. The round is led by Dragoneer, Greenoaks, Sequoia Capital, and Altimeter Capital, each investing at least $2 billion. This comes three months after a previous $30 billion round at $350 billion valuation. Anthropic’s revenue is projected to reach $45 billion this year, five times higher than last year’s $9 billion, driven by the success of Claude and its new capabilities like Claude Cowork. The company continues to face scrutiny from European regulators regarding access to its latest Claude Mythos model.

Danish GoMore Acquires Getaround Europe to Create Continent’s Largest Peer-to-Peer Car-Sharing Platform

Danish peer-to-peer car-sharing platform GoMore has acquired Getaround Europe, creating Europe’s largest P2P car-sharing platform with operations in 11 countries across Northern and Western Europe. The combined company has 5 million users, 70,000 active shared cars, and 1.5 million annual rentals. The acquisition is backed by prominent Danish investors and financing from EIFO and Nordea.