A new report shows that startups from the Technical University of Denmark (DTU) received 1.8 billion DKK in venture capital in 2024. This corresponds to 21 percent of all investments in the Danish venture market last year. DTU writes this in a press release.
- This is an impressive result that shows that we at DTU have succeeded in creating an environment where entrepreneurial dreams can become reality, and that we have also managed to build a bridge between the university and investment environment,
says Group Director for Innovation and Entrepreneurship Marianne Thellersen, who is Group Director at DTU.
A large part of the 25 companies that attracted investments stem from DTU's research in bio-, nano- and IT technology. This applies, for example, to Again, which has developed a method for converting CO2 from industry into chemicals using bacteria. The company raised 225 million DKK. DKK.
Among the five largest investments is also Eupry, which digitizes temperature control in buildings. The startup was founded by DTU students and received DKK 170 million.
According to DTU Skylab, the university's innovation environment, DTU startups have actually raised more than DKK 2.6 billion, if you include investments from abroad, Angel investments and soft funding, which are not counted in the Danish Export and Investment Fund's calculation.
- EIFO's calculation confirms that there is a lot of innovation activity at DTU, and that these are largely deep tech startups. They are based on research-based knowledge at a very high level, and especially within bio-, nano- and IT technology research. These companies create great value for society in the form of solutions to some of the greatest challenges of our time, knowledge-intensive workplaces and contribute to developing and strengthening Denmark's position as a high-tech nation, says Mikkel Sørensen, director of DTU Skylab.
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