Today we’re taking a close look at the Danish capital Copenhagen – one of Europe’s biggest startup hubs.
Copenhagen is known for its colorful harbor, the Tivoli Gardens, the Carlsberg beer, and the unique hygge feeling. But, more interesting for today’s article, the city is also home to many big startup success stories like Too Good to Go and Pleo, numerous accelerators, VC firms, and co-working spaces, which are making it a perfect place to build a fast-growing startup.
For this article, we’ve scouted exceptionally promising early-stage startups based in the Danish capital, founded between 2018 and 2021, taking into consideration team size, funding, growth rate, innovation, and market size. Here are the 10 Copenhagen-based startups to watch in 2021 and beyond:
Podimo is an open podcast and short-form audio platform that offers a subscription service for creators, aiming to capitalize on the rise in consumption in podcasts. The platform also offers personalized recommendations to listeners, while offering creators a share of revenue via premium subscriptions. The app offers thousands of podcasts from around the world via open RSS feeds that can be downloaded and listened to for free without the need to log in. Since its founding in 2019, the startup has raised over €31.6 million, its last round being in February this year with €11.2 million.
Monta is on a mission to accelerate the adoption of EVs and contribute to the green transformation in the transportation industry with its charging management system for all EV drivers to manage their charge points smoothly and flexibly. Through user-focused solutions and future-proof technology, the platform embraces the entire EV charging experience: from helping EV drivers charge seamlessly at home and on the go to supporting companies with easy charge point management. Founded in 2020, Monta has raised €5 million to give EV drivers a platform for charge point availability, prices, and a seamless payment solution.
Likvido gives small and medium-sized companies the freedom to spend less time messing around with spreadsheets and more time doing what they believe in. Likvido makes financial admin easy and accessible with a streamlined solution that automates everything on the go. Launched in 2018, Likvido has raised over €3.2 million. The solution integrates seamlessly with the company’s bank and preferred accounting software, giving customers access to a clear overview of the company finances, digital invoices, automatic reminders, and flexible payment methods.
Good Monday is a workspace and office management platform. They aim to offer all companies the best office services powered by local providers, with all communication, planning, quoting, and invoicing made simple and easy. Founded in 2018, the startup has raised over €5.3 million to empower businesses to create better workplace experiences for their employees. With the digital office management system, companies get an overview of calendars, subscriptions, ad hoc tasks, things being worked on, things done, things not done – everything in one place.
Nøie offers customised skincare to increase the quality of life for people with skin issues, pursuing a truly caring approach towards the users, the planet, and each other. Nøie combines deep dermatological knowledge with feedback from the community and individual needs to offer the best skincare solutions for each customer. Before creating the product, Nøie analyses the personal skin profile to pinpoint the specific active ingredients which will benefit the user’s skin. Born in 2019, the cosmetic brand has raised over €10.2 million to eliminate the guesswork in the search for skincare that actually works.
GamerzClass is a content and technology startup that produces educational Masterclasses within e-sports. Their B2C subscription service platform allows gamers to reach their full potential by learning from the world’s best, via on-demand video material, gamification, and a data-driven progress tracker. Launched in 2019, the Copenhagen-based startup has raised over €3.5 million, has paying customers in more than +100 countries worldwide, and has strong partnerships with leading stakeholders in the industry.
Abzu is a deeptech startup born from the desire to challenge the fundamental assumptions of contemporary, black box artificial intelligence. Founded in 2018, Abzu has raised more than €8 million for its pioneering machine learning technology, which is inspired by quantum mechanics and neural networks, resulting in a transparent and trustworthy AI. Abzu’s artificial intelligence accelerates analysis and insights through transparent and explainable models and aims to inspire data scientists to be more scientific.
raffle.ai is an AI-powered search engine that makes it easy for online visitors, customers, and employees to find what they’re looking for. The AI startup aims to improve the experience of companies’ customers who are searching for information and knowledge. Its products help companies’ customers through their queries, and then report back to the company with the results, giving detailed analysis on how customers and employees have interacted. Since its founding in 2018, the startup has raised more than €3.3 million to make searching for information and knowledge in companies easy with AI technology.
Butter is a platform to make online meetings and workshops flow as smooth as butter. The tool is built specifically to empower facilitators and hosts by giving them all the tools they need in one place and engaging participants through intuitive features such as the speaker queue and emoji reactions to make everyone feel heard. Collaboration tools like Miro, Google Drive, YouTube, and Whiteboard are built-in and simple to launch. Founded in 2020, Butter has raised more than €2.7 million to bridge the pros of going digital with the flow and energy of physical workshops, making virtual workshops better than physical ones.
modl.ai provides AI and machine learning tools for game developers to accelerate game development and enhance player engagement around the world. The software solution helps game developers efficiently test games in minutes by deploying AI-based player archetypes that imitate human behavior. Modl.ai allows developers to reduce the cost and time spent on game testing and content development. Launched in 2018, the startup has raised over €1.4 million to revolutionize game development pipelines by automating the repetitive, time-consuming, and expensive parts of development.
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