PSV

What PSV does

PSV is a Danish venture house, headquartered in Kongens Lyngby adjacent to the Technical University of Denmark (DTU), that operates as a multi-fund early-stage investment platform. Founded in 2001 as DTU Innovation under Denmark's Innovation Incubator Scheme, the firm has evolved through three name changes (PreSeed Innovation, PreSeed Ventures, and PSV from 2020) and now runs three investment units: PSV Foundry (an evergreen structure serving as DTU's startup funding arm), PSV Tech (pre-seed software investments across the Nordics, currently in its second fund after a €55M Fund I in 2020), and PSV Hafnium (a deep-tech fund established in 2024 covering GreenTech, HealthTech, and Industry 4.0). The firm reports having supported over 450 companies, with more than 75% of portfolio companies raising follow-on funding and visibility into 98% of the Danish startup ecosystem.

Beyond capital deployment, PSV provides a shared operational platform spanning brand and communication, legal, finance, people and culture, and ESG and impact services, complemented by proprietary tools (ESG Napkin framework and ESG Sprint workshop) and an educational arm, PSV Academy, which has run 37 StartupTalks engaging roughly 6,000 participants. The firm has also developed SFDR-compliant sustainability disclosure frameworks for its newer funds and maintains formal ecosystem partnerships with TechBBQ, VentureESG, Tech Nordic Advocates, and Invest for Impact Denmark, plus a structural joint initiative with DTU via the 2025-launched DTU SkyFactory.

PSV generates revenue primarily through traditional venture capital mechanics: management fees on committed and deployed capital across its fund vehicles (PSV Tech I, PSV Tech Fund II, PSV Hafnium Fund I), carried interest on successful exits, and ancillary income from ancillary portfolio services. The business model is regionally concentrated in Denmark with selective Nordic expansion into Southern Sweden and Norway, and the firm completed its state-mandated exit operator role in 2023, returning close to DKK 1 billion to the Danish state through 100+ portfolio exits.

Name

PSV

Legal name

PSV A/S

Website

https://psv.xyz

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

11–50 employees

Short description

PSV is a Danish venture house operating PSV Foundry, PSV Tech, and PSV Hafnium to back early-stage Nordic tech and deep-tech founders with capital, operational support, and ESG tooling.

Ownership category

akta.pro rank

Product category

Venture Capital / Early-Stage Investment

NAICS

Portfolio Management and Investment Advice (523940), Other Investment Pools and Funds (5259)

SIC

Investment Advice (6282)

akta.pro primary industry

SDG / Thematic Sustainable Investment Funds (FSANAJAN)

akta.pro secondary industry

Impact / ESG Multi-Manager Platforms (FSANAGAJ)

Keywords

• Early-stage venture capital
• Pre-seed tech investing
• Deep tech funding
• Nordic startup support
• Venture house operations

Headquarters

HQ city

Lyngby

HQ country

Denmark

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Venture Capital Returns: PSV generates returns through equity investments in early-stage startups. The venture house structure allows capital to circulate through the ecosystem - returns from successful investments in PSV Foundry are reinvested into closing gaps in the startup ecosystem.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels5 records

Core offering

PSV is a venture house operating three investment units — PSV Foundry (DTU's evergreen startup funding arm), PSV Tech (pre-seed software venture fund), and PSV Hafnium (dedicated deep tech venture fund) — that make equity investments in early-stage Nordic startups and provide portfolio companies with operational support across People & Culture, Legal, Brand & Communication, Finance, and ESG & Impact. Beyond capital, PSV delivers founder education via PSV Academy and proprietary ESG frameworks (ESG Napkin, ESG Sprint).

Product overview

PSV is a venture house comprising three distinct investment units: PSV Foundry (DTU's startup funding arm with evergreen structure), PSV Tech (pre-seed venture fund for Nordic tech startups, currently in its second fund), and PSV Hafnium (deep tech venture fund for science-based companies). Beyond capital, PSV offers a platform of support services including People & Culture, Legal, Brand & Communication, Finance, and ESG & Impact capabilities. Additionally, PSV has developed proprietary tools including the ESG Napkin (inspirational framework for early-stage founders) and ESG Sprint (workshop for ESG action planning). PSV Academy provides educational programming for founders including StartupTalks and Open Door sessions.

Differentiator

Problem solved

Functional benefit

Brands

• PSV Foundry: DTU's startup funding and investment arm that circulates returns into closing gaps of the startup ecosystem
• PSV Tech
• PSV Hafnium
• PSV Academy
• PSV ESG Napkin
• PSV ESG Sprint

Products and services

• PSV Tech An early-stage venture fund with two decades of experience backing Nordic tech founders at the pre-seed stage. PSV Tech I was a €55 million fund and PSV Tech Fund II (launched 2025) continues the model, focusing on software-powered technology companies from Denmark and Southern Sweden.
• PSV Hafnium Denmark's first dedicated deep tech venture fund taking early-stage bets on pioneering scientists, engineers, and entrepreneurs in deep tech across the Nordics. Invests in GreenTech, HealthTech, and Industry 4.0 sectors requiring patient capital and deep technical insight.
• PSV Foundry DTU's startup funding and investment arm that operates as an evergreen investment structure supporting university spinouts and ecosystem development, with returns reinvested to close gaps in the Danish startup ecosystem.
• PSV Academy Learning space for emerging founders sharing collective experience from 450+ founder journeys. Includes 37 StartupTalks engaging around 6,000 participants, Open Door sessions for one-on-one guidance, and a digital platform for content on startup journey topics.
• ESG Napkin A tailor-made inspirational ESG framework for early-stage tech founders covering where to start, what to focus on, and why considering ESG is important. Built on interviews with investors, founders, and experts.
• ESG Sprint A two-hour workshop where founders and PSV sit down to lay out an ESG action plan, consisting of 4 exercises to understand a company's material ESG topics and how to work with them going forward.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Nine partnerships are on record, tiered minor and core.

• ThiaxminorStrategic or Co-development Partner · 23 February 2026DTU spin-out developing real-time, non-destructive 3D X-ray inspection technology for advanced polymers and composites. PSV Hafnium provided pre-seed funding. Technology targets aerospace quality control applications.
• TechBBQcoreStrategic or Co-development Partner · 1 January 2026TechBBQ is the largest tech summit in the Nordics. PSV partners with TechBBQ as part of their commitment to supporting and strengthening the Nordic tech scene through community partnerships.
• Diversity CommitmentcoreStrategic or Co-development Partner · 1 January 2026A partner-driven diversity commitment where PSV annually tracks gender diversity across their portfolio companies, management teams, and boards. Supports PSV's diversity, equity and inclusion strategy.
• Tech Nordic AdvocatesminorStrategic or Co-development Partner · 1 January 2026A women-in-tech community and mentorship program. PSV participates as part of their efforts to promote diversity and inclusion in the Nordic tech ecosystem.
• VentureESGcoreStrategic or Co-development Partner · 1 January 2026An organization driving the adoption of ESG in the VC industry. PSV is a member and active participant, contributing to best practices in environmental, social, and governance standards across venture capital.
• Invest for Impact DenmarkminorStrategic or Co-development Partner · 1 January 2026A national partnership that collectively contributes with experiences, skills, and ambitions across all impact actors in Denmark. PSV participates to strengthen the impact investing ecosystem.
• DTU EarthBound (now discontinued)minorStrategic or Co-development Partner · 1 January 2026Climate tech catalyst co-founded by PSV and DTU with the aim to spin out more climate technologies out of the university. Now discontinued.
• DTU SkyFactorycoreStrategic or Co-development Partner · 1 January 2025DTU SkyFactory was launched in 2025 with PSV Foundry as a founding partner. It creates a structured environment where scientific discovery, entrepreneurial talent and venture capital converge, shortening the distance from startup to scaleup.
• DTU (Technical University of Denmark)coreStrategic or Co-development Partner · 1 January 2020PSV was founded at DTU and maintains close collaboration with the university. Together they co-founded DTU EarthBound (now discontinued) and PSV Foundry as DTU's startup funding and investment arm. PSV also co-founded DTU SkyFactory as a founding partner.

Scale indicators9 records

Recent moves15 records

Expansion highlights6 records

Direct peers

• Seed Capital: Copenhagen-based early-stage venture fund focused on Danish and Nordic technology startups. Highly comparable to PSV Tech in stage (pre-seed/seed), geography, and software investment thesis.
• ByFounders: Nordic-focused pre-seed and seed venture fund backed by a network of Nordic unicorn founders. Closely comparable to PSV Tech in mandate, stage, and regional focus, with similar founder-support orientation.
• Heartcore Capital: Copenhagen-headquartered consumer and tech-focused early-stage venture firm. Comparable to PSV Tech in Nordic focus and seed-stage activity, with overlapping LP universe among European institutional investors.
• Sunstone Capital: Denmark-based early- and growth-stage venture fund with a long track record in Nordic tech. Comparable to PSV in geography and broad early-stage tech mandate, with broader stage coverage than PSV Tech.
• Climentum Capital: Nordic early-stage venture fund focused on climate-tech. Direct peer to PSV Hafnium, frequently co-investing (e.g., Enerin Series A) and operating in overlapping GreenTech and deep tech mandates.

Emerging players

• Nordic Makers: Nordic pre-seed community of operators and angel investors making coordinated early bets. Overlaps with PSV Tech at the earliest stages in Danish and broader Nordic markets.
• 1729 Fund: Denmark-based early-stage investor with deep tech and software exposure. Comparable in geography and stage to PSV Tech and PSV Hafnium, with overlapping deep tech thesis.

Broad incumbents

• Atlantic Labs: Berlin-based early-stage investor with science- and deep-tech-focused funds. Comparable to PSV Hafnium's deep tech thesis, while operating from a larger, pan-European platform with deeper pockets.
• Vaekstfonden: Danish state-backed growth investor providing equity and loans to Danish companies. Comparable to PSV in Danish policy linkages and ecosystem role, though focused more on growth than pre-seed.
• Cherry Ventures: Berlin-headquartered European seed-stage venture fund with a broad pan-European thesis. Comparable to PSV Tech at the pre-seed/seed layer but operating at substantially larger AUM and broader geographic scope.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/psv-venturehouse/?viewAsMember=true
• Xx.com/PSVVenturehouse

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments145 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PSV