Portfolio News

September 25, 2023

Introducing QA.tech: Transforming QA Testing with AI

QA.tech is building the first Autonomous QA Tester – to create a future of reliable and bug free applications built by both humans and artificial intelligence
September 3, 2023

Redefining Kubernetes with Rig.dev's Open-Source Application Platform

Announcing Rig.dev's $2.2M pre-seed round
August 24, 2023

Our Investment in Jellatech: the Future of Sustainable Proteins

Jellatech is pioneering the ethical and sustainable production of complex proteins like collagen through cellular agriculture
February 23, 2023

Cutting Through Workplace Noise

Creating the right context for productive work with AI-powered summarization
February 22, 2023

Building the go-to platform for investing in culture‍

OWND abstracts away the complexity of purchasing NFTs by lowering the technical, financial, and social barriers. This allows fashion enthusiasts and sneakerheads to purchase, trade, and collect fashion NFTs, including physical items from leading brands such as Nike, Adidas Originals, Gucci, Prada, to name a few. And they are just getting started. 
February 3, 2023

Tackling Climate Change, One Household at a Time

Investing in a greener future with DREM - Accelerating the deployment of heat pumps
January 25, 2023

Our investment in Supernormal: ​​The future of cognitive computing

Supernormal uses a fine-tuned Large Language Model to automatically generate meeting summaries, decisions, and action points.
January 11, 2023

We invested in Francis: the efficient spreadsheet giving business leaders their time back

Too often, we see small business owners hurting from the stress of financial uncertainty. We see them learning the hard way (and often too late) that they should’ve invested in tools that bring visibility to their finances, and they should’ve asked for support to help make the right strategic financial decisions in a timely manner.
January 8, 2023

byFounders invests in Watalook - revolutioning the beauty industry with its all-in-one platform

Watalook offers a comprehensive platform that caters to the unique needs of independent beauty professionals, allowing them to manage their clients, brand, and finances all in one place.
November 17, 2022

Improving rental relationships – Proper secures €3 million to continue its European expansion

Proptech startup Proper has just raised an additional €3 million in new funding. The Copenhagen-based team is aiming to transform the way we live, facilitating greater harmony between landlords and tenants.
October 31, 2022

byFounders and Creative Force team up to bring leading e-commerce brands industry-changing solutions

Creative Force’s mission is to streamline and enable creative operations for leading e-commerce brands and online retailers. In a nutshell, they automate manual tasks so the creator can focus on creativity.
October 26, 2022

Qvin: Introducing the Q-Pad

Dr. Sara Naseri - CEO & co-founder of our, Qvin recently made some noise in the media and on stage as the the stellar team launched the Q-Pad: the first and only healthcare service to scientifically prove menstrual blood can test for critical health information – just like a traditional laboratory blood test.
October 25, 2022

Bob W raises €21 million in Series A funding

Tech-driven hospitality provider, Bob W, which offers a smarter and more sustainable alternative to hotels and short-stay rentals, has secured €21 million in Series A funding, led by IDC Ventures, Elevator Ventures, Verve Ventures and Flashpoint.
September 22, 2022

byFounders leads the €2.3 million pre-seed round in Cello: supercharging product growth by making word-of-mouth rewarding

Cello is the world’s first user-led growth platform that helps businesses to harness their most passionate users to drive word-of-mouth growth at scale.
September 16, 2022

Smitten raises $10 million Series A

Smitten has secured $10M in Series A round funding. The dating app will utilize the funds to grow its team and expand to new markets.
September 14, 2022

Monta raises additional €30 million to power Europe’s EV charging ecosystem

Monta has raised an additional €30 million as part of its Series A+ round. The investment will be leveraged to open up new markets like North America, while strengthening its position in Scandinavia, the UK, and Germany,
July 21, 2022

Normative raises €31 million in Series B funding

Normative has raised €31 million to further expand supply chain measurement services, aiming towards helping more customers reduce emissions through increased accuracy in the data.⁠
July 8, 2022

Our investment in Salto X: the platform enabling token incentive plans for remote companies

“The main bottleneck for European startup growth is not the lack of capital, it’s the lack of talent!” This sentence has been said by many and I’m now stating it again because it’s sadly the truth. If we are serious about wanting Europe’s tech scene to thrive (and one day be on par - or better - than the US) then we need to drastically improve our ability to attract and retain talent.
July 8, 2022

Lucinity raises $17 million Series B round

Lucinity secures $17 million in its Series B round to fight financial crimes through AML. The company will utilize the funding accelerate growth and geographic coverage for its Human AI technology.
June 30, 2022

Vibrant raises €4 million seed round funding

Vibrant has secured €4 million in seed round funding. The funding will be used use the funding to grow its customer base and prioritize extensions into new markets.
May 20, 2022

Aumio raises €3 million to support children’s mental health through playful learning

We’ve been truly excited by the emergence of parenting tech for a while now, and supporting children and their parents in dealing with mental health struggles is a mission we obviously want to stand behind. We’ve been actively looking for the right combination of a product market fit and founder drive. When we came across Aumio - a unique sleep and mindfulness cosmos for children - jumping onboard was a no-brainer for us. Let us tell you why. 
May 5, 2022

Januar raises €6 million in seed funding startup to build financial infrastructure for crypto economy

Danish financial infrastructure partner for crypto businesses Januar has raised €6 million in funding. Januar will use the new funding to roll out its crypto-friendly financial services for businesses across Europe, starting with payment accounts for crypto businesses.
April 21, 2022

SafetyWing raises $35 million Series B round

SafetyWing just raised $35 million to scale its health insurance cover for remote workers! The new funds will be used to scale its flagship product Remote Health and create "global social safety net".
February 25, 2022

Monta establishes one of the most ambitious EV charging projects in new partnership with Copenhagen Airports A/S

Powered by Monta’s software, Zapp/EWII and Copenhagen Airport will set up new charge points from ABB and offer EV charging both inside and outside the airport. This is one of the most ambitious EV charging projects in Denmark and will help expand the charging infrastructure tremendously.
February 7, 2022

Lucinity in Top 40 solutions for UN SDGS

ucinity has been named a WSA Winner in 2021 for their efforts to fight financial crime with a next-generation, digital transformation-enabled anti-money laundering (AML) solution.
January 25, 2022

Kleoverse raises $1.2 million in funding to transform how talent is measured

CVs are old-fashioned - and they don’t give a realistic image of a candidate’s experience and skills. Web3 startup Kleoverse is on a mission to change how people measure and discover talent in the online native world.
January 17, 2022

Digitail unveils plans to enhance veterinarian – pet parent connection and get closer to the hybrid pet care model

With new features to its PIMS and Pet Parent App the connection between veterinarians and pet parents will be enhanced. With these new features, Digitail aims to position itself as a leading global provider of the hybrid pet care model.
January 13, 2022

Greenely raises SEK 40 million in Series A

After a record year with a 150% growth in their paying customerbase, Greenely has secured their Series A round. One of the key areas which Greenely will use the funding for is their marketing campaign - to keep up their record-growth.
January 12, 2022

Cobalt calls for making PtaaS the core of proactive cybersecurity programs

Without proactively instituting preventative security controls, organizations are rolling the dice and leaving their luck up to cybercriminals. How pentesting (and addressing pentest findings in a timely manner) can be what prevents your organization from becoming the next security headline.
December 17, 2021

Fuzey raises $4.5 million in seed round

Fuzey, a “digital one-stop shop” for small businesses and independent contractors, raised $4.5 million in seed funding. Fuzey will use the new funding for product development and geographical expansion. They are already operating in select markets in Europe, the U.S. and Canada.
December 17, 2021

London-based Fuzey, the digital one-stop-shop for SMEs and independent contractors, raises a €4m seed round

We’re so proud to lead the €4m seed round in London-based Fuzey: the all-in-one messaging platform that centralizes small businesses’ communications, payments, marketing, and calendars. 
November 25, 2021

AeroGuest reaches big milestone of handling EUR 10M in payments

Our portfolio company AeroGuest reached a major milestone: they have handled over EUR 10M in payments between their guests and hotels. AeroGuest is accelerating with a current monthly transaction volume of EUR 1.5M.
November 2, 2021

Our Investment in Monta: Powering the EV Ecosystem

We invested in Monta in March this year. Since then, Casper and Anders and the rest of the team have not looked back and we are firm believers in Monta being on track to be the dominant EV charging platform in Europe and beyond. Here’s why:
October 29, 2021

Why we Invested in PipeBio: no-code SaaS for bioinformatics and drug development

The human costs of the pandemic forced the scientific community to rethink how processes, such as drug development, can be done 10x faster than before. PipeBio is at the frontline of that development.
October 7, 2021

Bob W. comes to London

Bob W comes to city of London with its Watling Street property. This will be the company’s first to open its doors in London in 2022. The short-stay apartments are just down the street from St Paul’s Cathedral.
October 7, 2021

AeroGuest expands to the US

Bringing next level mobile hospitality to the US is the exciting next frontier for our portfolio company AeroGuest. Seeing how American travelers are very open to new technology, AeroGuest has experienced quite a lot of interest for their GuestTech ecosystem. Services such as mobile web check-in, choose your own room, mobile payment, digital key and easy re-booking are cool benefits that American travelers are looking for.
October 6, 2021

Normative receives €10 million in funding to fight climate change

The CEO Co-founder of Normative, Kristian Rönn, announces that Normative has received investments of €10 million to guide even more businesses along the path to net zero. Normative aims to set the norm so that all businesses can take responsibility for their carbon emissions.
September 10, 2021

Why We Invested in Januar: Financial infrastructure for crypto companies

For too long crypto native companies have been lacking a stable and secure banking foundation to run their businesses from without the fear of being shut down by their, presumed, banking partner. Enter Januar.
September 9, 2021

Corti raises $27 million in Series A funding to transform patient consultations with AI

The funding will help expand Corti's patient base from 15 to 100 million consultations a year. Corti plans to use the money to fuel their expansion into primary care in the US.
August 18, 2021

Uizard raises $15 million Series A financing

This round of financing is expected to help Uizard advance their mission to democratize design to empower non-designers everywhere and enable Uizard to make key hires to scale their AI-powered platform.
June 22, 2021

Why we invested in GamerzClass

When first meeting Victor Folmann and listening to a very candid podcast episode he did on Iværksætterhistorier we learned that Victor’s entrepreneurial career started already in his teens. He quickly realized that he had a knack for sales; whether it was vegetables or cell phones didn’t matter; you had something to sell; he was your guy.
June 18, 2021

Why We Invested in Smitten

Having been a long-time user of dating apps, I was intrigued when we got the tip that there was a brand new super-hot dating app in Iceland. I wasn’t sure what to expect, but after meeting David, understanding his background and vision for the product, and being blown away by his charisma and displayed drive, I was sold.
June 17, 2021

Why We Invested in BonBot

At byFounders, we are a team of enthusiastic foodies. So, when we heard about BonBot: a modular retail food concept with a mobile front-end and a robot-powered store, we knew we had to meet the talent behind it. Learning that BonBot was founded by extremely impressive King veterans made us even more intrigued.
May 23, 2021

Bob W is climate neutral

What’s climate neutrality, you ask? It’s similar to being ‘carbon-neutral’ but considers all climate-warming gases, not just carbon dioxide. Our Portfolio company, Bob W, is reducing their impact on the environment by double offsetting their emissions and working to emit less in the first place.
May 12, 2021

Contractbook closes Series B to lead a revolt against PDF’s!

We are revolutionizing the existing online contract signing tools of today by creating the contract management platform of tomorrow and showing people that simple PDFs are an impediment to today’s efficient work environment,” says Contractbook founder and CEO Niels Martin Brochner.
May 4, 2021

Tame raises €4.6 Million in seed round

The funding is expected to power up the headcount at Tame, with more than 35 positions now up for grabs, and aggressively target and expand in the UK market. The company is also projecting revenue growth of 4-5x in 2021, which would then put them in the black, and be primed for a large A round in Q1 of 2022.
April 15, 2021

Monta secures $4.9 million to provide access to charging stations for all

Meet the newest member of our Portfolio: the next-generation app for EV charge point management and optimization - Monta. Founded by dedicated engineers and tech-minded professionals, the €4 million will enable them to enter 10 new European markets and hire new colleagues. (DK)
April 13, 2021

Google endorses Normative, who automates climate impact work

With its software, Swedish Normative visualizes the climate impact of a company's actions and suggests ways of addressing and improving it. Financial support from Google means that the company is ready to expand its services. (SWE)
April 9, 2021

Bob W raises $11 million for apartment hotels

During the pandemic, Bob W has reached occupancy rates as high as 90% at its properties in Estonia and Finland. They've now secured their first apartments in London and is opening properties in central Helsinki this Spring. “Despite the pandemic, our revenue grew significantly in 2020,” said Niko Karstikko, CEO and co-founder. Bob W expects to double its headcount this year.
March 19, 2021

Why We Invested in Digitail

"There are few things with my job that I appreciate more than when people drastically surpass all my expectations!" - Sara Rywe, Investor here at byFounders, was so impressed by the founder's tenacity, extraordinary grit and structure, she knew we absolutely needed to be part of their journey.
March 17, 2021

Digitail raises $2.5 million and expands to the US

The platform is currently improving the workflow of more than 2,000 veterinarians in 16 countries. Its integrated customer app has enabled 500,000 pet parents to access all their medical information in real-time and to connect with their vet instantly.
March 11, 2021

Proper closes a $4.6 million seed round

Proper has made strides toward establishing itself as the preferred platform among landlords in Denmark. Today, over 3,500 leases are managed through Proper, resulting from a growth rate exceeding 200% in 2020. The service handles all day-to-day administration, payments, bookkeeping, communication with tenants, and more. 
February 21, 2021

Why we invested in Proper

At byFounders, we instantly got excited about the idea of building a digital property manager that automates all manual tasks while also ensuring that the property owner and landlord feel in control. More importantly, we were captivated by the founders.
January 22, 2021

SafetyWing raises $8 million to expand its health insurance for ‘Digital Nomads’

SafetyWing, a Norwegian startup providing health insurance to remote and gig economy workers, has raised $8 million to expand its product offerings. The company operates in the burgeoning field of insurtech and provides insurance cover to remote workforces, or ‘digital nomads’, through its Remote Health product, especially those working across borders and in different jurisdictions.
December 9, 2020

Contractbook raises $9.4 million in Series A funding

Contractbook, an end-to-end contract lifecycle management platform, raked in $9.4 million in its Series A round, led by Bessemer Venture Partners.The Copenhagen-based software company will use its new funding to "aggressively" enter the US market, and take on existing players in the contracts space, like DocuSign.