Denmark’s startup scene is robust and growing. Dynamic clusters in IT, life sciences, and cleantech drive innovation, supported by a national focus on sustainability and strong infrastructure. Despite global headwinds, Denmark stood out in 2024 as one of the few European ecosystems with venture investment growth, reflecting its resilience. Key sectors like healthtech, fintech, and enterprise software have become pillars of strength, and Denmark now boasts Europe’s highest number of rising unicorns per capita (7.7 per million).
Copenhagen is the epicenter, but secondary hubs are emerging – for example, Odense’s robotics cluster was ranked among Europe’s top startup hubs in 2024 – underscoring nationwide innovation beyond the capital. A modest domestic market remains a challenge, often pushing Danish startups to think globally early on, and talent attraction has historically been difficult. However, new policies are easing access to foreign skilled workers, helping startups address talent gaps.
