Delphinus Venture Capital

Delphinus Venture Capital is a Denmark-based evergreen venture capital fund focused on research-driven and innovation-led startups. Launched in 2025 with €80 million, the fund invests from pre-seed to scale-up stage and targets companies working across areas such as food and agriculture, health and longevity, defence and security, and energy and bioeconomy. It is backed by Aarhus University Research Foundation, Salling Group, Norlys, and Heartland. The fund positions itself as a long-term investor for science-based companies with global potential, including startups developing technologies relevant to sustainability, circular economy, and industrial transformation.