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The Startup Ecosystem of Copenhagen

Copenhagen has 768 startups in our sample database. This represents about 65% of Denmark’s startups. Copenhagen is the highest-ranked startup ecosystem in Denmark.

CITY RANKING

In 2024, the startup scene of Copenhagen shows much promise after advancing in the Global Ecosystem Index by 1 spot.

National Ranking

1st
0
In Denmark

Regional Ranking

11th
0
In Western Europe

Global Ranking

56th
+
1
Worldwide

Ecosystem

Startup Ecosystem Overview

Startups

Copenhagen Top Startup Industries

Fintech icon
Fintech
#42 worldwide

57 startups

Software & Data icon
Software & Data
#48 worldwide

256 startups

Foodtech icon
Foodtech
#49 worldwide

24 startups

Ecosystem HealthCheck

Copenhagen Ecosystem Health Check

The health check tables allow you to look at the performance Copenhagen has in each of the parameters that are part of StartupBlink's ranking algorithm. There are five tables, corresponding to the three subscores, the subscore analysis and industry ana...

  • Overperformance
  • Performance equal to global ranking
  • Underperformance
IndustryGlobal rankMomentum YoYNumber of Startups
Global56-16768
Fintech42-761
Software & Data00.0000.0000.00
Foodtech00.0000.0000.00
Hardware & IoT00.0000.0000.00
Healthtech00.0000.0000.00
Social & Leisure00.0000.0000.00
Marketing & Sales00.0000.0000.00

ECOSYSTEM

Browse the startup ecosystem database of Copenhagen

Download list
Too Good To Go startup logo
Foodtech | Food and Beverage
Unranked
Podimo startup logo
Social & Leisure | Entertainment
Unranked
Veo startup logo
Hardware & IoT | Consumer Electronics
Unranked
Adform startup logo
Software & Data | Enterprise Technology
Unranked
Unranked
Motatos startup logo
Ecommerce & Retail | Ecommerce & Retail-Other
Unranked
Famly startup logo
Social & Leisure | Social Media
Unranked
Uizard Technologies startup logo
Software & Data | Artificial Intelligence
Unranked
Templafy startup logo
Software & Data | Cloud
Unranked
OrderYoyo startup logo
Ecommerce & Retail | Ecommerce
Unranked
Superb startup logo
Software & Data | SaaS
Unranked

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Startup Ecosystem Charts

Startup Funding in Copenhagen2017 - 2024

Startup Funding in Copenhagen 2017 - 2024

From 2022 to 2023, startup funding in Copenhagen has decreased by 15.26%. During this period, the number of deals in Copenhagen has decreased by 26.7%. Since 2017, total startup funding in Copenhagen exceeded US$ $8.21B.

Average Funding in 2023

$7.79M

Copenhagen
Denmark
+15.61% YoY

Funding in 2023

$1.18B

Copenhagen
Denmark
-15.26% YoY

Deals in 2023

151

Copenhagen
Denmark
-26.70% YoY

USD

Amount of Funding (USD)

Number of Deals

20172018201920202021202220232024$0.00$15.00B$30.00B$45.00B$60.00B060120180240

Ecosystem

The Startup Ecosystem in Copenhagen

Our startup ecosystem map for Copenhagen includes a sample of 768 tech companies. We have identified as unicorn 1 startup that have passed the USD 1 billion valuations. Contributing to the vitality of this startup ecosystem are the 1 pantheon member entity. Get the Pro account for unrestricted insights on this ecosystem.

Global Rank

Copenhagen is ranked within the top 100 startup ecosystems globally.

Top Industries

Copenhagen’s startups excel particularly in Fintech where it ranks 42 and in Software & Data, and Foodtech. Find out more

Top Cities for Startups in Denmark - Ranked by StartupBlink

StartupBlink ranks the startup ecosystems of more than 100 countries and 1,000 cities. Download our latest Global Startup Ecosystem Report.
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2024 National Rank CityGlobal Rank
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Total Score

Access subscores for 1000 cities and 100 countries

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Quantity Score
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Quality Score
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Business Score
1st
0
56th
+
1
13.597
00.00
00.00
00.00
2nd
0
161st
-
10
3.904
00.00
00.00
00.00
3rd
0
399th
+
20
0.837
00.00
00.00
00.00
4th
0
586th
-
20
0.345
00.00
00.00
00.00
5th
0
680th
+
154
0.261
00.00
00.00
00.00
6th
new
769th
new
0.202
00.00
00.00
00.00
7th
new
1079th
new
0.092
00.00
00.00
00.00
8th
-
1
1174th
new
0.070
00.00
00.00
00.00
9th
-
3
1250th
new
0.055
00.00
00.00
00.00
10th
new
1303rd
new
0.039
00.00
00.00
00.00
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Download CSV file
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Startups

Notable Startups in Copenhagen
Too Good To Go startup icon
Too Good To Go
Podimo startup icon
Podimo
Veo startup icon
Veo

ECOSYSTEM

Why should you join Copenhagen's Startup Ecosystem?

Overview

Within Copenhagen there is an increased attraction for entrepreneurs to set up their startups in industries such as Fintech, Software & Data, Foodtech. These three industries represent about 44% of the startups represented on the Startup Ecosystem Map of Copenhagen.

1st

National Rank

11th

Regional Rank

Overview

Copenhagen is Denmark's 1st best startup ecosystem and is ranked 11th in Western Europe. With a population of 1M - 2M people, Copenhagen is ranked 56th in the world. The city has some notable startup success stories including Too Good To Go and its startup ecosystem infrastructure is strengthened by organizations such as Novo Nordisk and Sound Hub Denmark.

ECOSYSTEM
Startup Infrastructure in Copenhagen
With a large variety of initiatives, Copenhagen's startup ecosystem stands out from other cities in Western Europe. Copenhagen offers a number of funding opportunities for entrepreneurs and startups. Below is a list of Copenhagen's most prominent support initiatives:

BLOG

Recent Posts

Mon Apr 14 2025

From Service-Based to Product-Based Economy – Lessons from North Macedonia

In this special episode of the Startup Ecosystem Podcast, we revisit a conversation from two years ago, recorded during a visit to North Macedonia. Eli David Rokah, CEO of StartupBlink, sits down with Igor Madjov, founder of Startup Macedonia, to explore how Skopje is evolving from a service-based IT outsourcing city into a product-driven startup […]

Wed Apr 02 2025

Corporate Startup Activity Index 2025

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Thu Mar 06 2025

The Impact of Government Support on Startups

A robust startup ecosystem creates a sense of community that brings entrepreneurs together and helps them feel less isolated. It gives them access to mentors, advisors, fellow entrepreneurs, and talents. The foundation of such an ecosystem largely relies on government support. Good policies create a fair and supportive environment that helps startups grow. Bad policies […]