Denmark
Western Denmark
MEMBERS:
Digital Hub Denmark
Denmark is a great place for robotics startups to grow their business. The highly entrepreneurial environment has a strong track record of successfully bringing new, innovative technologies to the global market.
Ecosystem by the Numbers
EARLY-STAGE FUNDING
$110 m
GLOBAL AVG.
$687 m
ECOSYSTEM VALUE
$1 bn
GLOBAL AVG.
$28.6 bn
Advanced Manufacturing & Robotics
Denmark’s 300 robot, automation and drone companies generate $2.8 billion in annual turnover. A cluster of emerging robotics companies, primarily located in Odense, employs more than 2,600 people, with more than $900 million invested in the cluster since 2015. The Danish Technological Institute’s Robot Technology is the leading recipient of European Union funding for robot innovation. One clear indication of success was the acquisition of Universal Robots by the U.S.-based Teradyne in 2015 for $285 million.
Life Sciences
In 2019, Stipe Therapeutics, a biotech company, raised $22 million in a series A funding round. A software for bioinformatics startup, CLC Bio, was acquired by Dutch/German Qiagen Group for $75 million. The Novo Nordisk Foundation will invest $150 million over the next four years to support the Danish National Genome Center, including one facility in Aarhus. Aarhus University and Aalborg University are both home to research activities in the fields of health science and technology.
Reasons to Move Your Startup to Western Denmark
COVID-19 Policy
The Danish Government has announced direct financial support for the self-employed and small businesses with fewer than 10 employees facing a loss of earnings of 30% or more. Under this measure the state will pay 75% of employees’ salaries up to a maximum of 23,000 Danish crowns ($3,418) per month if the company pays the remaining 25% for a three-month aid period lasting until June 9, 2020.
Operational Ease
Denmark is the #1 country in the EU 4th worldwide in the World Bank’s Ease of Doing Business ranking. Among the EU nations, Denmark was ranked #4 in the Digital Economy and Society Index 2019, and #1 in Connectivity and Use of Internet Services.
Selected Startup Organizations
Startup Genome Members
AAU Incubator (SEA), Aalborg University
AI Innovation House
AalborgSyndikatet
Agro Food Park Inkubator/Agro Business Park
Arsenalet
BrainsBusiness
Business Factory
Center for Industrial Production
Danske Commodities (DC) Business Accelerator
Ecopark
Filmby Aarhus incl. Ideas Lab
Food ehub
Green Tech Center
Growing Investors
IT Forum
Ideas Lab
Incuba Science Parks incl. Incuba Startup Lab
LYNfabrikken
Novi
Odense Robotics
Odense Robotics Startup Hub
Office Lab
Robo Cluster
Startup Factory - Navitas
StartupWorks
TechBBQ
The Danish Growth Fund
The city of Aarhus, Business Development
UAS Denmark
VIA studentervæksthus Aarhus C
WeLoveStartups
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