Lyngby-based PSV Hafnium has officially launched as Denmark’s first dedicated early-stage venture fund focused on deep tech. The new fund secured DKK 185M (€24.8M) from the European Investment Fund (EIF) and DKK 100M (€13.4M) from the Export and Investment Fund of Denmark (EIFO).
PSV Hafnium aims to raise up to €80.4M (DKK 600M) and invest in around 30 science-driven companies across sectors such as clean tech, health tech, and next-gen industrial solutions.
Focus on Climate Action and Sustainability
PSV Hafnium will focus at least 65% of its investments on climate action and environmental sustainability. The fund will primarily target pre-seed and seed-stage companies in Denmark, prioritizing those with validated technologies and strong scientific foundations. The goal is to back startups working on innovative solutions that address pressing global challenges like climate change.
Advertisement
Partnership with DTU
The fund is closely aligned with DTU (Technical University of Denmark), giving it access to leading scientific experts and innovations. This partnership is intended to bridge the gap between academia and venture capital, helping to commercialize deep tech research.
Investor Support
The EIF and EIFO are the fund’s key backers, recognizing the potential of Danish deep tech. The EIF aims to ensure early-stage companies have access to the capital needed to scale, while EIFO focuses on leveraging groundbreaking Danish research to deliver transformative solutions in various industries.
