Nordic Foodtech VC has bolstered its presence in Denmark with the appointment of Louise Heiberg as an Investment Director, joining from PINC, the VC arm of Paulig Group. Heiberg brings substantial experience in food tech investing and a strong commitment to sustainable food systems. Denmark’s leadership in biosolutions, exemplified by companies like Chromologics and EvodiaBio, positions it as a prime hub for foodtech startups.
Founded in 2020, Nordic Foodtech VC focuses on early-stage investments in food technology across the Nordic and Baltic regions. With an initial fund of 42M€, the firm has already invested in 13 companies, spanning Finland, Sweden, Denmark, and Estonia. Renowned for its specialization in deep foodtech and dedication to fostering transformative startups, Nordic Foodtech VC is currently raising capital for its second fund. The firm aims to expand its impact by supporting innovative ventures in the region, maintaining its strategic focus on deep foodtech innovations.
“Creating a sustainable food system has been the common thread of my career. I feel I can facilitate a real change in society in this role. It’s a privilege to join the stellar team of Nordic Foodtech VC and support the next thinkers and doers transforming our food system,” says Louise Heiberg, Investment Director at Nordic Foodtech VC.
With Louise joining the team, Nordic Foodtech VC strengthens its presence in Copenhagen. The fund has already two portfolio companies in Denmark: Chromologics developing natural food colours, and EvodiaBio producing natural aroma compounds. Both have born out of the strong biotech research and industry in Denmark. The Danish biosolutions industry files 4-5 times as many patents per capita as the average of the 10 leading research nations.
“Denmark is a global leader in biosolutions, from first-mover start-ups to large global players like Novonesis (recent merger of Chr. Hansen & Novozymes), Carlsberg and IFF. The industry also understands the value of partnerships, their role in the ecosystem and new technology. Simply put, Denmark is extremely fertile soil for foodtech startups, especially in the biosolution space,” says Louise Heiberg.
In addition to expanding the geographical presence, Nordic Foodtech VC has started fundraising for its second fund, targeting at 80M€.
“Since launching in 2020, we have built relationships with the research institutions in the region and established Nordic Foodtech VC as a solid substance expert. Fund II will continue with the tried and tested recipe of the Fund I. We will continue to lead pre-seed and seed rounds in impactful deep foodtech companies across the Nordics and Baltics, but will also co-invest in rest of the northern Europe. Having Louise in the team and a foothold in Denmark is a strong start for the expansion,” says Mika Kukkurainen, Co-founder and Partner of Nordic Foodtech VC.
Click here to read more community news.
Originally published on ArcticStartup : Original article