45 Biotech Startups in Denmark to Watch in 2023
Denmark's Biotech sector is booming. This year’s list of the best 45 Denmark Biotech startups is an eclectic mix of hyper-growth scaleups, small creative startups and everything in between.
Last update: September 12, 2023
Featured companies in Company
Featured
Producer of gut health binding proteins.
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Latest Funding
$33 Million · Series A
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Employees
1 to 10
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Investors
Bill & Melinda Gates Foundation, Bill & Melinda Gates Foundation, Novo A/S
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Business Model
B2B
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Industries
Biotech, Pharma
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Locations
Copenhagen
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Contact
•••••@bactolife.com
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Featured
Anti-cancer drug developer.
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Latest Funding
$34 Million · Series A
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Employees
1 to 10
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Investors
Ysios Capital, HealthCap
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Business Model
B2B
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Industries
Health Tech, Biotech
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Locations
Copenhagen
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Contact
•••••@adcendo.dk
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Featured
Treatments for genetic bleeding disorders.
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Latest Funding
$140 Million · Series B
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Employees
1 to 10
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Investors
HealthCap, Novo A/S, Novo A/S
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Business Model
B2B
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Industries
Health Tech, Biotech, Deep Tech, Pharma
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Locations
Copenhagen
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Contact
•••••@hemab.com
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Full list of Biotech startups in Denmark
Vaccine for Group B Streptococcus.
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Latest Funding
$23 Million · Series C
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Industries
Health Tech, Biotech, Deep Tech
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Investors
European Investment Bank, Pureos Bioventures, Wellington Partners, Industrifonden
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Contact
•••••@minervax.com
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Labster is an e-learning company that offers virtual laboratory simulations based on mathematical algorithms.
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Latest Funding
$47 Million · Series C
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Industries
Edtech, Hardware, AR / VR, Biotech
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Locations
Copenhagen
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Employees
101 to 250
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Business Model
B2B
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Investors
Balderton Capital, Northzone, A16Z, Educapital, Swisscom Ventures, AENU, Nordic Makers
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Contact
•••••@labster.com
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Immune therapy for tumors.
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Latest Funding
$6.5 Million · Seed
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Industries
Health Tech, Biotech
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Investors
EIC Accelerator, Novo A/S
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Contact
•••••@inprother.com
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IO Biotech is a clinical-stage biotech company developing disruptive immune therapies for the treatment of cancer.
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Latest Funding
$150 Million · Series B
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Industries
Health Tech, Biotech, Deep Tech
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Investors
Novo A/S, EIR Ventures
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Contact
•••••@iobiotech.com
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SNIPR Biome is a operator of a discovery stage biotech company intended to revolutionize the treatment of microbial diseases.
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Latest Funding
$50 Million · Series A
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Industries
Health Tech, Biotech
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Investors
Wellington Partners
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Contact
•••••@sniprbiome.com
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Natural food coloring.
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Latest Funding
$7.6 Million · Seed
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Industries
Foodtech, Biotech
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Investors
Blue Horizon Corporation, Nordic Foodtech VC
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Contact
•••••@chromologics.com
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Clinical-Microbiomics is an independent contract research organization fully dedicated to microbiome research.
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Latest Funding
$9.7 Million
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Industries
Health Tech, Biotech, Service Industry
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Investors
Seventure Partners
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Contact
•••••@clinical-microbiomics.com
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Muna Therapeutics discovers and develops therapies that slow or stop neurodegenerative diseases such as alzheimer’s and parkinson's.
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Latest Funding
$73 Million · Series A
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Industries
Health Tech, Biotech, Pharma
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Locations
Copenhagen
- Employees
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Business Model
B2B
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Investors
Sofinnova Partners, V-Bio Ventures, Novo A/S, VIB
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Contact
•••••@munatherapeutics.com
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Lab robots for microbiologists.
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Latest Funding
$7.1 Million · Seed
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Industries
Biotech, Deep Tech, Robotics, Manufacturing
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Investors
ACME Capital, Y Combinator
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Contact
•••••@reshapebiotech.com
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Novel treatments for neurodegenerative diseases.
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Latest Funding
$30 Million · Series A
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Industries
Biotech
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Locations
Aarhus
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Employees
1 to 10
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Investors
Sound Bioventures
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Contact
•••••@teiturtrophics.com
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AFYX Therapeutics is a clinical stage biopharmaceutical company
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Latest Funding
$13 Million
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Industries
Health Tech, Edtech, Biotech, Pharma, Food Delivery
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Investors
Sofinnova Partners
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Contact
•••••@afyxtx.com
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Biosyntia is a biotech startup within synthetic biology and metabolic engineering.
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Latest Funding
$12 Million · Series B
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Industries
Health Tech, Biotech, Pharma, Manufacturing
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Investors
Sofinnova Partners
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Contact
•••••@biosyntia.com
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Draupnir Bio is developing a new type of cholesterol-lowering medicine which prevents blood clots in the heart.
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Latest Funding
$33 Million
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Industries
Health Tech, Biotech, Pharma
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Locations
Aarhus
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Employees
10001+
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Business Model
B2B
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Investors
Inkef Capital, High-Tech Gründerfonds
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Contact
•••••@draupnir.bio
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NMD Pharma is a small molecule drug discovery company that develops novel treatments of neuromuscular disorders.
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Latest Funding
$40 Million
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Industries
Health Tech, Biotech, Pharma
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Locations
Aarhus
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Employees
11 to 50
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Business Model
B2B
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Investors
Novo A/S, Inkef Capital
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Contact
•••••@nmdpharma.com
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STipe Therapeutics focuses on harnessing the innate immune system to battle cancer.
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Latest Funding
$22 Million · Series A
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Industries
Health Tech, Biotech, Pharma
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Locations
Aarhus
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Employees
1 to 10
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Business Model
B2B
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Investors
Novo A/S, Wellington Partners
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Contact
•••••@stipetherapeutics.com
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Biograil is a biotech company manufacturing an oral device for delivery of biologics
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Latest Funding
$3.6 Million
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Industries
Health Tech, Biotech, Manufacturing
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Investors
Verve Ventures, High-Tech Gründerfonds
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Contact
•••••@biograil.com
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Synklino is a developer of a CMV-specific immunotoxin intended to eradicate the cytomegalovirus infection.
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Latest Funding
$32 Million · Series A
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Industries
Health Tech, Biotech, Pharma
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Investors
EIR Ventures
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Contact
•••••@synklino.com
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BioPhero is a pioneer in providing low-cost bio-based pheromones for pest management.
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Latest Funding
$17 Million · Series A
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Industries
Biotech, Manufacturing
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Investors
Novo A/S, Syngenta Ventures
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Contact
•••••@biophero.com
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Sundew is a biotechnology company that provides biological services for the treatment of aquatic pests and diseases.
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Industries
Agritech, Biotech, Manufacturing
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Investors
Novo A/S, The Yield Lab Europe
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Contact
•••••@sundew.bio
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Aquaporin focuses on water purification and desalination of seawater by means of industrial biotech techniques and thinking.
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Industries
Health Tech, Biotech, Energy & Nuclear, Manufacturing
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Locations
Copenhagen
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Employees
51 to 100
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Business Model
B2B
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Contact
•••••@aquaporin.com
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CysBio is a spin-out from the Novo Nordisk Foundation Center for Biosustainability at the Technical University of Denmark.
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Latest Funding
$6.2 Million · Seed
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Industries
Health Tech, Biotech, Privacy and Security
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@cysbio.com
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Research platform for better crop production.
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Latest Funding
$1.4 Million · Seed
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Industries
Agritech, Biotech
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Locations
Copenhagen
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Employees
1 to 10
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Investors
BioInnovation Institute
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Contact
•••••@agrobiomics.bio
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We connect laboratory equipment to our software platform so that scientists can automate the execution and data logging of their experiments
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Latest Funding
$2.9 Million
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Industries
Health Tech, Biotech, Deep Tech, Manufacturing, Internet of Things, Enterprise Software
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B, SAAS
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Investors
Frontline Ventures, People Ventures
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Contact
•••••@inniti.dk
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Hedia is a personal diabetes-assistant, based on artificial intelligence.
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Latest Funding
$3.4 Million
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Industries
Health Tech, Hardware, AI, Biotech, Deep Tech, Mobile
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
FREEMIUM
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Contact
•••••@hedia.co
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Antag Therapeutics provides therapeutic peptides for the treatment of dietary-related metabolic diseases.
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Latest Funding
$3.6 Million
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Industries
Health Tech, Biotech, Hiring and Recruitement
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B, B2C
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Contact
•••••@antagtherapeutics.com
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Contera Pharma identifies and develops innovative treatments for patients suffering from movement disorders
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Latest Funding
$2.5 Million
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Industries
Health Tech, Biotech, Pharma
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Locations
Copenhagen
- Employees
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Business Model
B2B
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Contact
•••••@conterapharma.com
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Cytovac is a clinical-stage biopharmaceutical company.
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Latest Funding
$2.2 Million
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Industries
Health Tech, Biotech
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@cytovac.com
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Enduro Genetics is a technology provider committed to enabling large-scale fermentations.
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Industries
Health Tech, Hardware, Biotech, Manufacturing
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Investors
NOON Ventures
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Contact
•••••@enduro.bio
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GlycoSpot offers a screening kit for screening carbohydrate-active enzymes and proteases.
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Latest Funding
$2.3 Million
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Industries
Health Tech, Biotech, Manufacturing
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@glycospot.dk
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Rehaler is a biomedical industry firm.
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Latest Funding
$1.6 Million
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Industries
Health Tech, Hardware, Biotech, Pharma, Manufacturing
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@rehaler.com
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Cbio is a biopharmaceutical company that provides TIL immunotherapies, ATMPs, and clinical-stage treatment for cancer patients.
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Latest Funding
$1.6 Million
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Industries
Health Tech, Biotech, Pharma
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Locations
Copenhagen
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@cbio.dk
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EvodiaBio is a bio-industrial firm that creates natural, sustainable scents for the food and beverage industries.
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Latest Funding
$1.4 Million
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Industries
Foodtech, Biotech, Manufacturing
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@evodiabio.com
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Immunitrack is a developer of AI-based prediction and assessment platform.
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Latest Funding
$950 Thousand · Pre Seed
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Industries
Health Tech, AI, Biotech
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@immunitrack.com
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Octarine Bio is a synthetic biology company that produces superior cannabinoids for the pharmaceutical industry.
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Latest Funding
$1.2 Million · Seed
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Industries
Health Tech, Biotech, Pharma, Manufacturing
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@octarinebio.com
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Cellugy operates as a biotechnology startup.
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Latest Funding
$2.9 Million · Seed
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Industries
Biotech, Energy & Nuclear, Manufacturing
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Locations
Aarhus
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Employees
11 to 50
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Business Model
B2B
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Contact
•••••@cellugy.com
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QNTM Labs is an analytical laboratory that provides research and regulatory compliance services for pharmaceutical companies.
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Latest Funding
$4.5 Million
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Industries
Biotech, Sportstech, Pharma, Manufacturing, Future of Work
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Locations
Odense
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Employees
11 to 50
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Business Model
B2C
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Contact
•••••@qntmlabs.com
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Bainan Biotech is a pharmaceutical company that develops therapy against osteoporosis.
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Industries
Health Tech, Biotech, Pharma, Manufacturing
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@bainanbiotech.com
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At GLX Analytix, we combine a new, proprietary class of blood biomarker with AI to bring personalized medicine to your healthcare.
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Industries
Health Tech, Biotech, Data and Analytics
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Locations
Copenhagen
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Employees
1 to 10
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Business Model
B2B, SAAS
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Contact
•••••@glxanalytix.com
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AquaGreen is an R&D engineering company within the cleantech industry.
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Latest Funding
$1.2 Million
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Industries
Climate Tech & Green Tech, Health Tech, Agritech, Biotech, Deep Tech, Energy & Nuclear, Manufacturing
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Locations
Roskilde
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Employees
11 to 50
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Business Model
B2B
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Investors
Nordic Alpha Partners
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Contact
•••••@aquagreen.dk
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Zero compromise contraception. Cirqle Biomedical combines mucus engineering and design thinking to launch a new era in contraception
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Industries
Biotech, Deep Tech
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Locations
Copenhagen
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Employees
1 to 10
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Contact
•••••@oui.us
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Evaxion Biotech is devoted to the discovery and development of vaccines against cancer and infectious diseases.
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Industries
Biotech, Deep Tech
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Locations
Copenhagen
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Employees
11 to 50
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Contact
•••••@evaxion-biotech.com
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ALGIECEL has been founded to take part in the challenge of transforming today´s CO2 emissions into feasible business opportunities
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Latest Funding
$650 Thousand · Pre Seed
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Industries
Climate Tech & Green Tech, Health Tech, Biotech, Energy & Nuclear, Manufacturing
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Locations
Odense
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Employees
1 to 10
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Business Model
B2B
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Contact
•••••@algiecel.com
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