Syddansk Innovation

Syddansk Innovation is a specialized venture capital entity operating as a subsidiary of the University of Southern Denmark (SDU). Based in Odense, Denmark, its primary mission is to foster the commercialization of research by investing in early-stage, research-based spin-outs originating from SDU and other knowledge institutions across Southern Denmark. This unique positioning allows it to bridge the gap between academic innovation and market viability, leveraging the intellectual property developed within the region's scientific community.

The firm primarily targets companies in their pre-seed and seed phases, providing crucial initial capital to help nascent ventures develop their products, build teams, and validate their business models. While open to opportunities across various sectors, Syddansk Innovation maintains a strategic focus on three key industries: Information and Communication Technology (ICT), Life Science, and Industry. This sectoral emphasis aligns with areas of strong research output from its affiliated institutions, ensuring a deep understanding of the technological complexities and market potential within these fields.

Syddansk Innovation typically deploys first cheques ranging from DKK 0.5 million to DKK 3 million, which translates approximately to $70,000 to $420,000 USD based on current exchange rates. This makes them a significant early-stage investor for Danish startups. Since its inception in 2000, the organization has demonstrated a consistent commitment to nurturing innovation, having invested in over 70 companies. They often serve as the crucial first investor, frequently co-investing alongside business angels, larger venture funds, and public funding bodies to provide a robust financial foundation for their portfolio companies. Their role extends beyond capital, offering strategic guidance and access to the university's network and resources.