Velux Foundation

THE VELUX FOUNDATIONS are comprised of the two philanthropic foundations VILLUM FONDEN and VELUX FONDEN. Among our grant areas are science, environmental, social and cultural purposes in Denmark and internationally. In 2019, the two foundations gave joint grants of approx. EUR 178 million. Both foundations were established by the founder of VELUX and other companies in the VKR Group, whose mission it is to bring daylight, fresh air and a better environment into people’s everyday lives.
Type Private Funds

Investment info

Invests in
Product or prototype
Go to market
Growth and expansion
Investment range
€ 25 - 50K
€ 50 - 100K
€ 100 - 500K
€ 0,5 - 1M
Primary markets
Consumer, Companies, Marketplace, Government
Investing in countries

Focus areas

Energy & Greentech
Energy & Greentech
Healthcare & Life Science
Healthcare & Life Science
Science & Engineering
Science & Engineering

Key people

Fund Advisor

Lise Bonnevie

Invests in SDGs


More about Velux Foundation

We primarily fund large-scale projects with an amount of over DKK 500,000. There is however a difference between the individual grant areas. An exception is, for instance, VELUX FONDEN that funds mainly small-scale projects under the grant area 'Active senior citizens'.


As a rule of thumb, the foundations do not fund:

- Projects that benefit political or commercial interests.

- Research in health except for research in ophthalmology and gerontology, which is funded by VELUX FONDEN.

- Veterinary research. - Personal maintenance.

- Recurring general and administrative operating expenses of institutions or organisations.

- Educational tours.

- Construction or renovation projects for private property.

- Sponsorships.

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