Salling Group, Denmark’s largest retailer and the parent company of Rimi Baltic, has launched Salling Seeds, a €67M (DKK 500M) venture capital fund aimed at backing startups and scale-ups in retail, technology, and sustainability.
Salling Group, Denmark’s largest retailer and the parent company of Rimi Baltic, has launched Salling Seeds, a €67M (DKK 500M) venture capital fund aimed at backing startups and scale-ups in retail, technology, and sustainability.
The Aarhus University Research Foundation, HEARTLAND, Norlys and Salling Group are united in their ambition to drive growth in the startup ecosystem across East and Central Jutland, with a particular focus on startups that emerge from research. To achieve this ambition, the four partners have joined forces to establish a
Cellugy, a Danish industrial biotechnology startup developing innovative, biobased solutions to replace fossil-based materials in the personal care sector, has secured €8,1M to support scaling up the production of its biofabricated cellulose-based rheology modifier material, EcoFLEXY.
Denmark-based Deepdots, formerly known as Magic Feedback, has raised €5.5 million in a seed round to automate customer feedback analysis using proprietary AI.
As European venture capital grapples with a tougher funding climate—raising just €2.3 billion across 24 funds in Q1 2025—some firms are standing out by doubling down on conviction and strategy. One of them is KOMPAS VC, which has just closed its second fund at €150 million, reaffirming its commitment to
Enduro Genetics, a synthetic biology startup based in Copenhagen, has secured €12 million in a Series A funding round led by Supernova Invest, NOON Ventures, and Sandwater.
Teal Health, a startup aiming to revolutionize women’s healthcare, has raised $10 million in a seed extension round to develop its Teal Wand, a first-of-its-kind at-home cervical cancer screening device.
Montréal-based startup Lyteflo has raised $3 million CAD in seed funding to refine its EV Revenue Platform, designed to help car dealerships sell electric vehicles (EVs) more effectively.
