Innovayt
Innovayt is a Denmark-based innovation consultancy that helps startups, SMEs, research institutions, and industrial players secure non-dilutive funding from European and national programmes, with offices in Denmark, Norway, and Portugal.
- Company typePrivate
- Founded2007
- HeadquartersKöpenhamn, Sweden
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Innovayt does
Innovayt is a privately held innovation consultancy founded in 2006/2007 (sources disagree between 2006 and 2007) and headquartered in Frederiksberg, Denmark, with additional offices in Copenhagen, Oslo, Braga, and Porto. The firm specialises in helping startups, SMEs, research institutions, and large industrial players secure non-dilutive funding from European and national programmes — most prominently Horizon Europe (including EIC Accelerator, EIC Pathfinder, EIC Transition, and MSCA), the EU Innovation Fund, Eureka, and national Norwegian and Danish schemes — as well as equity investment and credit.
The company delivers services through six core modules: Funding Strategy, Grants, Investment and Credit, Business Plans, Project Management, and Training and Workshops, structured as a three-phase consulting engagement (pre-application validation, application drafting and submission, post-award contract negotiation and implementation). Its go-to-market combines direct senior-led advisory with a partner/channel layer — the CopenVirk mobilisation service with Greater Copenhagen EU Office, a long-running collaboration with Norway Health Tech, a satellite office inside the BioInnovation Institute, and the DEEPACT partnership with Fondazione LINKS for Italy — complemented by content marketing, webinars, and presence at major European tech and innovation events.
Innovayt monetises through project-based professional services engagements; pricing is not publicly disclosed and is negotiated per scope. The firm reports no external funding, operates as a founder/partner-owned entity (co-founded by Thomas Elmbæk Knudsen, with Reinaldo Ramos as Partner and Director of Energy and Sustainability), and has been officially appointed by the Danish Energy Agency as a validation partner for EU Innovation Fund project ideas.
Innovayt firmographics
Firmographics- Name
- Innovayt
- Legal name
- Innovayt A/S
- Website
- https://innovayt.eu
- Company type
- Private
- Founded year
- 2007
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Innovayt is a Denmark-based innovation consultancy that helps startups, SMEs, research institutions, and industrial players secure non-dilutive funding from European and national programmes, with offices in Denmark, Norway, and Portugal.
- Ownership category
- akta.pro rank
Innovayt industry classification
Industry- Product category
- Innovation Funding Consultancy
- NAICS
- Management Consulting Services (54161)
- SIC
- Services-Management Consulting Services (8742)
- akta.pro primary industry
- Strategy & IT Advisory (BPAEAAAA)
- akta.pro secondary industry
- Economic Research, Statistics & Policy Advisory (BPADAMAJ)
Keywords
Where Innovayt is headquartered
LocationHeadquarters
- HQ city
- Köpenhamn
- HQ country
- Sweden
- HQ region
- Europe
Offices5 records
Markets served
Innovayt business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Infrastructure
Revenue model
- Innovation Funding Consultancy Services: Innovayt generates revenue by providing consultancy services to help clients secure soft funding (grants), investment, and credit. Services include funding strategy, grant applications, business plans, project management, and training/workshops. The company operates on a project-based consultancy model, supporting clients across the entire innovation funding cycle from validation to application and post-funding support.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels6 records
Innovayt product offering
Product offeringCore offering
Innovayt is an innovation consultancy that helps companies, research institutions, and startups secure public and private innovation funding. The firm provides end-to-end advisory services spanning funding strategy, grant applications (Horizon Europe, EIC Accelerator, EIC Pathfinder, Innovation Fund, MSCA, Eureka), investment and credit support, business plan development, project management, and tailored training/workshops. Services are delivered across offices in Denmark, Norway, and Portugal through a structured three-phase process covering pre-application validation, application drafting, and post-award support.
Product overview
Innovayt is an innovation consultancy that provides a comprehensive suite of services to help organizations secure funding across the entire innovation cycle. Their offering centers on six core service modules: Funding Strategy, Grants, Investment and Credit, Business Plans, Project Management, and Training and Workshops. These services are delivered through a structured three-phase application process consulting model that supports clients from initial project validation through proposal submission and post-award project implementation.
Differentiator
Problem solved
Functional benefit
Products and services
- Funding Strategy Consulting service that develops viable and effective funding strategies tailored to clients' innovation projects, identifying the most appropriate EU and national funding programmes for each client's technology and commercialization pathway.
- Grants
- Investment and Credit
- Business Plans
- Project Management
- Training and Workshops
- Application Process Consulting
Quantifiable outcome
- 50% of validated EUIF project ideas successfully progress to full application stage
- +2 more outcomes
Companies that use Innovayt
Customer profileNamed customers9 records
Segments4 records
Ideal customer profiles4 records
Innovayt technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Innovayt partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered core, flagship and minor.
- Energy ValleycoreInnovayt collaborated with Energy Valley and Enova on a webinar focused on opportunities within the EU Innovation Fund for Norwegian energy and industrial companies. The partnership aims to provide Norwegian organizations with clear overview of upcoming calls and practical guidance on preparing competitive proposals.
- EnovacorePartner in the EU Innovation Fund webinar collaboration with Energy Valley and Innovayt, providing Norwegian energy companies with guidance on funding opportunities and application preparation.
- Danish Energy Agency (Energi Styrelsen)flagshipInnovayt has been appointed by the Danish Energy Agency as an official partner for validating project ideas under the EU Innovation Fund. This recognition highlights Innovayt's expertise in supporting companies and organizations in developing and maturing green innovation and low-carbon technology projects. Innovayt collaborates with the agency to evaluate and validate project ideas submitted by Danish companies and research organizations.
- Fondazione LINKScoreFondazione LINKS partners with Innovayt through the DEEPACT programme to provide Italian start-ups and SMEs personalized and free support in securing EIC Accelerator funding. Innovayt helps draft written proposals and train applicants for interview stage.
- Greater Copenhagen EU OfficecoreInnovayt partnered with Greater Copenhagen EU Office to help screen and mobilize companies from the Capital Region of Denmark and Zealand Region to engage in international innovation activities. The CopenVirk mobilization service has helped 100+ companies secure over €500M DKK in EU funding. Innovayt won the tender and remains the lead consultancy supplier until mid-2026.
- BioInnovation Institute (BII)corePartnership providing funding specialist support to BII start-ups in bringing their science closer to market. Innovayt acts as a great fit for helping early-stage companies navigate the complex European innovation funding landscape. Innovayt also opened a satellite office at BII in Copenhagen.
- Norway Health TechcoreOver 6 years of collaboration helping Norway Health Tech cluster members secure EU funding. Combined screening processes and in-depth capacity at Innovayt provide premium combination for delivering significant EU funding to Norwegian organizations.
- Symbion CommunityminorInnovayt relocated main Danish office to Fuglebakken Science Park, part of the Symbion Community in Frederiksberg, positioning the company in the midst of the innovation ecosystem.
- Oslo Science ParkminorNorwegian office relocated to Oslo Science Park (Gaustadalleen 21), positioning Innovayt within Norway's innovation community.
Scale indicators9 records
Recent moves8 records
Expansion highlights6 records
Innovayt competitors and assessment
Company assessmentDirect peers
- Zabala Innovation: One of Europe's largest dedicated EU funding consultancies, headquartered in Pamplona with offices across multiple EU countries. Directly comparable to Innovayt in core service (Horizon Europe, EIC, Innovation Fund advisory), though larger in scale and broader in geographic reach.
- PNO Consultants: Pan-European innovation funding consultancy with offices in 8+ countries offering grant advisory, project management, and innovation strategy services. Closest direct competitor in terms of full-cycle EU funding support and multi-country delivery model.
- Technopolis Group: European policy and innovation consultancy supporting research and innovation funding strategy, programme design, and evaluation for public and private clients. Overlaps with Innovayt on funding strategy advisory and Horizon Europe proposal support.
- ttopstart: Amsterdam-based consultancy specialising in EU funding for life sciences and health. Comparable to Innovayt's work with healthcare clients (e.g., Pre Diagnostics, HoloCare) on EIC Accelerator and Horizon Europe Health applications.
- Idea Consult: Belgian-based consultancy with strong focus on European research and innovation funding, policy analysis, and impact assessment. Competes with Innovayt on Horizon Europe and EU institutional advisory mandates.
- EuroFunding: Specialised European funding consultancy supporting SMEs, startups, and research institutions with EU grant applications. Direct peer to Innovayt in targeting EIC Accelerator, SME Instrument, and Horizon Europe applicants.
- Spinverse: Nordic innovation funding consultancy headquartered in Finland with strong presence across EIC, Horizon Europe, and national funding programmes. Comparable to Innovayt in regional focus and SME/startup client base, with deeper ties to industrial clients.
Broad incumbents
- Ramboll: Large Nordic-headquartered engineering and management consultancy with a significant EU funding practice across sustainability, energy, and infrastructure. Competes with Innovayt on Innovation Fund and large-scale Horizon Europe consortia but as part of a much broader service portfolio.
- PwC: Big 4 firm with dedicated EU funding and grants advisory practices across European markets. Overlaps with Innovayt on EIC Accelerator and Horizon Europe proposal support but bundles services with broader tax, assurance, and strategy offerings.
Regional players
- Nordic Innovators / Innovation Norway ecosystem partners: Innovation Norway and adjacent Nordic public innovation agencies provide comparable funding advisory and validation services for Norwegian and Nordic clients. Overlap with Innovayt on regional funding programmes and innovation ecosystem support.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
Innovayt social profiles
Digital presenceInnovayt financial estimates
Financial estimateRevenue estimate
Valuation estimate
Innovayt leadership team
Management profileNumber of profiles
Profiles2 records
Innovayt funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Innovayt M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Innovayt
What does Innovayt do?
Innovayt is an innovation consultancy that helps companies, research institutions, and startups secure public and private innovation funding. The firm provides end-to-end advisory services spanning funding strategy, grant applications (Horizon Europe, EIC Accelerator, EIC Pathfinder, Innovation Fund, MSCA, Eureka), investment and credit support, business plan development, project management, and tailored training/workshops. Services are delivered across offices in Denmark, Norway, and Portugal through a structured three-phase process covering pre-application validation, application drafting, and post-award support.
Is Innovayt a public or private company?
Innovayt is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Innovayt founded?
Innovayt was founded in 2007. It employs 11 to 50 people.
Where is Innovayt based?
Innovayt is headquartered in Köpenhamn, Sweden, in the Europe region.
How does Innovayt make money?
One revenue line is on record: innovation Funding Consultancy Services.
Who are Innovayt's main competitors?
Direct peers on record are Zabala Innovation, PNO Consultants, Technopolis Group, ttopstart, Idea Consult, EuroFunding and Spinverse. Broad incumbents are Ramboll and PwC. Nordic Innovators / Innovation Norway ecosystem partners is listed as a regional player.
Does Innovayt have an API?
No public API is recorded for Innovayt.
What industry is Innovayt in?
Innovayt's product category is Innovation Funding Consultancy. Its primary akta.pro industry code is BPAEAAAA, Strategy & IT Advisory, with a secondary code of BPADAMAJ, Economic Research, Statistics & Policy Advisory. Its NAICS code is 54161 and its SIC code is 8742.