UK-based venture fund Balerton Capital is doubling its investments in Denmark and is earmarking USD 50 million for Danish startups for the coming years, reports Danish business daily Børsen.
The reason for this is that Denmark has developed an interesting technology milieu, which is at the forefront of Europe, says Balderton Capital Partner Lars Fjeldsøe-Nielsen.
"We think that there is a disproportional momentum in Denmark relative to population size," he tells Børsen, adding that he expects to invest even more capital over the coming years.
Last year, Lars Fjeldsøe-Nielsen told AMWatch's sister site, ITWatch, that Danish entrepreneurs dared to think globally.
"I experience there being a global mentality, and they think big thoughts beyond national borders. We have never seen a company come to us saying 'we want to be the biggest in Denmark'. They want to be the largest in the world within their respective areas of expertise," he says.
English Edit: Daniel Frank Christensen
Actuarial chief at Danish pension fund ATP jumps to consultancy
Danske threat to Danish AAA rating triggers political action
More from AMWatch
Ten funds make up nearly a quarter of the Swedish market
AP7’s equity and fixed income funds are the biggest on the Swedish market. Removing them leaves just 9% for the others on the top ten list - but that 9% is dominated by one major bank, Morningstar figures show.
Mass outflows hit every asset class as recession fears climb
Investors fled every major asset class in the past week, with US equities and Treasuries a rare exception to the massive exodus, amid concerns that tightening monetary policy will push major economies into a recession.
Changes on the way at Lærernes Pension after active ownership criticism
A new active ownership policy is being developed at Lærernes Pension, says the CIO, and the final version will be approved by the board in June.
Evli Q1 more impacted by markets than outflow
The market turmoil in the first three months of the year has had more of an effect on Evli than outflows, though the fact that international investors have pulled out of Evli’s corporate bond fund has been felt.
Storebrand AM’s Cubera hires sustainability head
A new Chief Sustainability Officer at the Nordic is joining the manager’s private equity subsidiary from Allianz.
Product Specialist, Corporate Credits 
Nordicals Horsens søger erhvervsmægler med stort drive 
Ekstra erhvervsrådgiver til Næstved 
Advokat til selskabsret og M&A 
Vi søger rådgivere som vil være med til at præge den grønne omstilling og udvikle forretningsområdet ”Bæredygtig Energi” 
Vi søger en kompetent, frisk og udadvendt erhvervsrådgiver til Sparekassen Thy, Aulum