The fund, called Crowberry II, is focused on areas such as healthtech, fintech, gaming, SaaS companies, and consumertech. The Danish Export and Investment Fund (EIFO) has invested 60 million kroner in the fund.
“We are happy to welcome a strong new venture capital fund to our portfolio, which with its experienced team has already proven its potential in the Danish ecosystem. With a solid investment experience and a wide syndicate of investors, Crowberry II is achieving its goals, and we in the Danish Export and Investment Fund are happy to contribute to the Danish anchoring,” says Lars Nordal, Senior Director of Fund Investments at EIFO.
Crowberry has already made a number of Danish investments and aims to invest 20% of its capital in Danish companies. Therefore, the three founders will also spend time in Denmark to be close to their investments. Previous investments from the fund include the analysis company Dreamdata, the planning app Tiimo, and the network platform Feats. These investments link Crowberry to prominent Danish investors such as Preseed Ventures, Growth Fund and People Ventures.
Crowberry Capital is one of the leading venture funds in the Nordics, and is known for investing in innovative startups with high potential. With this new investment from the Danish Export and Investment Fund, it seems that Crowberry Capital is well on its way to realizing its goal of investing in exciting Nordic startups and helping them grow and scale their businesses.
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