
Export and Investment Fund
Description
The Export and Investment Fund of Denmark (EIFO) serves as the Danish state's primary financial institution dedicated to fostering growth and job creation within Danish companies, both domestically and internationally. Operating as a single point of contact, EIFO provides a range of risk-tolerant government financing solutions, including loans, guarantees, and equity investments. Its overarching mission is to ensure optimal conditions for Danish businesses, particularly those engaged in export, innovation, and the green transition, by providing crucial capital and support where private markets might be more hesitant.
EIFO actively participates in the venture capital landscape, specifically targeting Danish start-ups and scale-ups that demonstrate high growth potential and a strong commitment to sustainability. While their portfolio spans various sectors, including technology, life sciences, and green technologies, a common thread is the focus on companies poised for significant expansion and global reach. EIFO typically co-invests alongside private investors, providing a crucial anchor for funding rounds. For its equity investments, EIFO's typical first cheque size ranges from DKK 5 million to DKK 50 million, which translates to approximately USD 720,000 to USD 7.2 million, depending on the specific needs and stage of the company.
The fund's impact extends significantly across the Danish economy. In 2022 alone, EIFO contributed to financing DKK 172 billion (approximately USD 25 billion) in Danish exports and investments, underscoring its substantial role in the nation's economic activities. Beyond direct financial support, EIFO's operations are designed to de-risk investments for private capital and accelerate the development of innovative and sustainable solutions. Its strategic investments and financing initiatives are integral to Denmark's economic resilience and its ambition to lead in green technologies and global trade.
Investor Profile
Export and Investment Fund has backed more than 78 startups, with 27 new investments in the last 12 months alone. The firm has led 28 rounds, about 36% of its total and boasts 1 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in Denmark, United States, United Kingdom.
- Strong thematic focus on Software, Biotechnology, Health Care.
- Led 8 rounds in the past year.
- Typical check size: $720K – $7.2M.
Stage Focus
- Seed (29%)
- Series Unknown (22%)
- Series A (21%)
- Pre Seed (10%)
- Series B (5%)
- Series C (4%)
- Post Ipo Debt (4%)
- Grant (1%)
- Debt Financing (1%)
- Angel (1%)
Country Focus
- Denmark (79%)
- United States (8%)
- United Kingdom (5%)
- Iceland (1%)
- Norway (1%)
- Ukraine (1%)
- France (1%)
- Lithuania (1%)
Industry Focus
- Software
- Biotechnology
- Health Care
- Information Technology
- Manufacturing
- Saas
- Renewable Energy
- Medical Device
- Therapeutics
- Life Science
Frequently Asked Questions
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