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IPO Capital (Private Equity Startup With Multiple Portfolio Companies)

We Acquire 100% ownership stakes in profitable industrial companies in the U.K & Scandinavia. Our primary focus is on family or founder owned business' that could benefit from a generational change of ownership whereby we provide an exit strategy to the current shareholders and serve as the new stewards that care for the business and preserve the founders life's work. Our largest asset is www.northernindustriesgroup.co.uk, which was founded in 2019 by the IPO Capital founder (Yusufa Sey) via multiple M&A transactions.

Lawcel

Compliance tool that watches your product changes and keeps your privacy policy, ToS, and DPA accurate as you ship. Lawcel is an AI compliance platform that keeps your legal documents in sync with your product. It monitors product changes as they happen, through GitHub PRs, tickets, and Slack, and analyzes whether each one affects your privacy policy, terms of service, DPA, or cookie policy. When something you ship contradicts what your documents claim, Lawcel flags it with the exact impact, so compliance runs continuously alongside development instead of drifting until the next legal review.

Norlix ApS

At Norlix, we are building a digital insurance and pension brokerage from the ground up. The industry is still defined by manual workflows, legacy systems, and advisory services that only happen periodically. That creates friction and means coverage and risk often lag behind how companies actually evolve. We are building a different model. By combining integrations, structured data, and continuous analysis, we make advisory proactive instead of reactive. In practice, we focus on: • Automated and continuous data collection • Ongoing assessment of risk and coverage • Systematic monitoring of the market • Data driven optimization instead of periodic reviews Our ambition is simple: To make insurance and pension advisory more precise, more transparent, and far less dependent on manual processes. We have raised 30 mio. DKK at the start of 2026, grown to 25+ people, and are building fast with a strong team that genuinely enjoys working together. We are still early, but that is exactly the point. What we build now will define how insurance and pension should work going forward.

AITSU operations ApS

AITSU is a startup that commercialises ultrasound guided intralymphatic Immunotherapy as a disruptive treatment for grass pollen allergy. To improve the quality of the injections, we want to build software that can identify lymph nodes and the needle in real time and guide the needle to the optimal site for the intralymphatic injection of medicine.

Soolv

At Soolv, we help the world’s most attractive employers identify and develop future stars. Each year, these companies receive thousands of applications - filled with CVs, cover letters, transcripts, assessments, and interview notes. Over time, they generate even more data from performance reviews, staffing decisions, and project evaluations. This represents vast amounts of data that could be used to analyze and predict exceptional talent - yet they still rely on manual processes and intuition for their most important people decisions. Soolv is the AI platform that turns these hidden signals into actionable intelligence - finally bringing data-driven precision to every high-stakes decision about people. We’re backed by top-tier Nordic early-stage investors, and our customers are top firms in investment banking, law, consulting, and tech. Founded by alumni from McKinsey, Spacemaker, and reMarkable, with backgrounds from Cambridge, KTH, and NTNU, we combine deep AI expertise with first-hand experience from high-performance environments.

Aigol Oy

Multi-carrier shipping software Aigol is a multi-carrier transportation management solution designed for the needs of road freight and parcel shipping. The platform supports the full shipment lifecycle, including booking, label and document generation, consolidation, and end-to-end tracking. By centralizing connections to multiple carriers in a single system, Aigol provides operational flexibility and ensures consistent handling of shipments across different logistics partners. Automation capabilities reduce manual work, enhance planning efficiency, and improve cost control. Aigol enables organizations to manage their logistics processes with reliability, transparency, and scalability.

Propane

We've all been in that meeting. The one where everyone has a different take on what to build next. Someone quotes a customer call from last month. Someone else pulls up a support ticket. A third person has a Notion doc nobody else has read. Nothing connects. The decision gets made on gut feel — and you leave the room slightly unsure you got it right. Dennis lived that as a CPO for years. The context never made it to the room. Customer evidence scattered across six tools. Feedback from a €500 account carrying the same weight as a €50k one. Insights from last quarter's research buried before anyone shipped anything. He built Propane because that problem felt embarrassingly solvable — and nobody had solved it. The idea is simple: PMs deserve the same AI-native environment that engineers got with Cursor. A workspace where customer signals, company context, and agents that actually know your product work together — so you spend your time deciding, not searching. Propane connects your stack and builds from there. Signals from real customers, weighted by revenue. A shared surface to reason, write specs, and align the team. Agents that remember what your customers told you last quarter and help you act on it. We're a small team in Vesterbro, Copenhagen — a few minutes from the central station. Flat, direct, and low on process. Everyone owns something real. We hire makers — people who'd rather figure something out than wait to be told how, and who find genuine satisfaction in shipping something that didn't exist last week. Previous founders tend to feel at home here pretty quickly. Pre-seed, backed by people who've built and scaled companies like Lovable, ElevenLabs, Pleo, GameAnalytics, and Neurons. Early days — which means what you build now shapes what this becomes. If you want to shape what it means to be a PM in the age of AI — and you'd rather have real ownership over that than a comfortable title at a bigger company — we'd love to hear from you.

Kin

Kin is your personal AI coach who grows with you, helping you thrive in work and life. Kin is changing how we grow and learn with a personal AI coach that really gets you and you can trust. It offers personal guidance for work and life, while keeping your information safe and in your hands. 1. Smart Memory: 1. Understands context, connecting past chats with current situations 2. Gives advice that fits you better over time 3. Grows alongside you, offering more helpful support as you use it 2. Personal Support 1. Lends an ear when work or personal life gets tough 2. Helps you make smart choices about your career and life 3. Makes it easier to get things done and manage your time 3. Your Data, Your Rules: 1. Keeps your sensitive info on your device, not in the cloud 2. Uses strong protection for all your data 3. Lets you choose what to share and what to keep private

GreenFish

GreenFish is a software company that uses artificial intelligence, big data analysis, machine learning and supercomputing to predict the location, quality and quantity of pelagic and groundfish species with an eight-day forecast period. The forecasts reduce vessel time at sea, lowering costs and carbon. GreenFish recieved the 2025 Seafood Innovation Award at the North Atlantic Seafood Forum in Bergen and was awarded the Icelandic Seafood award in 2024.

Frihedsbrevet

We are a subscription-based journalistic media outlet that works uncompromisingly to uncover important stories, expose abuses of power, and set agendas that would otherwise be overlooked—always with the individual citizen and society as a whole in mind. We believe in transparency, integrity, and the courage to say what needs to be said. We are not friends with anyone, and we reject media subsidies and advertisers, making us accountable only to our subscribers. Only in this way can we produce completely independent, critical journalism for the benefit of both the individual citizen and society as a whole. We were founded in June 2021 by, among others, Mads Brügger, and we currently operate in Denmark and the Faroe Islands, where we publish articles and podcasts on our own platforms (web and app), as well as on social media and via newsletters. In both countries, we have experienced significant growth in the number of paying members.

Nordhealth

👋 Who are we? Nordhealth’s mission is to build software that improves the daily lives of healthcare professionals. We build software that empowers veterinary and therapy professionals to provide the best possible care experiences to their patients. Our products are used daily by over 50,000 professionals in clinics and hospitals across 30+ countries. We excel with 20+ years of experience in healthcare and veterinary software. We understand that talent comes from everywhere and anywhere. The greater our diversity, the better the products we deliver. That’s why we are a remote-first company, headquartered in Helsinki, Finland, with all 400+ employees working either remotely or from collaboration hubs. While our market presence is currently strongest in the Nordics, our customer base is rapidly growing in our other markets too, especially in Europe and North America (more at our website nordhealth.com.)

ARTificial Mind (and NobodyWho)

About ARTificial Mind: ARTificial Mind is an art-tech studio founded by artist Cecilie Waagner Falkenstrøm. For over eight years, we have been pioneering the creation of interactive AI art using machine learning techniques, particularly large language models (LLMs). Our work has gained international acclaim, with exhibitions at some of the world's most renowned museums, and even in space aboard NASA’s section of the International Space Station. www.artificialmind.ai About NobodyWho: NobodyWho is an open-source software platform designed to empower game developers, even those with no experience in large language models (LLMs), to create offline-first, locally processed, and compute-efficient dialogue systems for non-player characters (NPCs) in video games. Our core product is a copyleft-licensed plugin compatible with several game engines. https://gitlab.com/nobodywho/nobody NobodyWho is a spin-out from the art-tech studio ARTificial Mind. We share office space in the heart of Copenhagen.

Erhvervshus Hovedstaden

Om Erhvervshus Hovedstaden Hvert år hjælper vi mere end 5000 virksomheder og iværksættere med at realisere deres vækstpotentiale. Desuden samarbejder vi med mange andre erhvervsfremmeaktører for at skabe de bedste vækstvilkår og samarbejdsplatforme for virksomhederne. Vi er en arbejdsplads med vægt på faglige og personlige udviklingsmuligheder, hvor vi alle går på arbejde for at gøre en ægte forskel for den enkelte virksomhed. Vi er ejet af de 29 kommuner i hovedstadsregionen, er godt 85 medarbejdere og har kontorer i København, Hillerød samt på Bornholm.

Daily Media

Daily Media specialises in offering great food, wellness, and travel experiences to Danish consumers through strong brands such as www.downtown.dk, www.takeoffer.dk, www.niche.dk, and www.spisibyen.dk, which have made everyday life better and more affordable for more than 1 million Danes. We are specialists in marketing and selling experiences and products on behalf of both large and small companies - to a broad audience. In close cooperation with everything from hotels to local hairdressers and large restaurant chains, we create growth, increased sales, and measurable results through a strong channel mix of our own and others' media.

Flashbulb Games

Our goal is to spark curiosity and bring people together. We create, develop, and publish original IPs with emergent gameplay on PC and consoles. We create games that you play with – not just play. Games that give players tools and environments to create their versions of fun. Flashbulb was founded in 2016 to create Trailmakers – an online physics based construction game. The game is out on Steam, Xbox and Playstation and is now more alive than ever with continuous updates, an ever growing player base, and an active Discord community. While supporting Trailmakers we also launched successful partygame Rubber Bandits, also out on a variety of platforms millions of copies sold. While we are still maintaining these titles, we are now kicking off out next game. At Flashbulb you will be a part of a small team of seasoned veterans and eager talent, all aiming to provide players with great experiences. We pride ourselves in creating a workplace where opinions are heard regardless of title and we care greatly about maintaining a sensible work/life balance.