
BlackWood is a Copenhagen-based early-stage venture capital firm backing European founders in fintech, cleantech, and Web3. It leverages a network of over 1,000 angel investors alongside a technology-driven screening model.
Deal activity increased 50% year-over-year (3 deals in the last 12 months). Their most common stage is pre-seed (47% of deals). Average disclosed round size is $2.9M (across 9 rounds with reported amounts).
Portfolio
17
Fund Size
$25M
Top Stage
Pre Seed
Last 12 Mo
3
Team
AS
Amanda Smithson
Managing Partner
JC
Joanne Clayton
Partner
MA
Martina Ashley
Partner
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
17 investments
| Company | Round | Amount | Date |
|---|---|---|---|
| Pre-Seed | $2M | May 2026 | |
| BBoundary Foundation | Pre-Seed | $2M | May 2026 |
| Seed | — | Oct 2025 | |
| Pre-Seed | $5.5M | Apr 2025 | |
| PParticula | Pre-Seed | $5.5M | Apr 2025 |
| Hhybr | Seed | — | Jan 2025 |
| Seed | — | May 2024 | |
| Pre-Seed | $1.3M | Jan 2024 | |
| Seed | — | Dec 2023 | |
| PPROSPECT 100 | Pre-Seed | $750K | Aug 2023 |
| Seed | $2.9M | Feb 2020 | |
| Seed | — | — | |
| Pre-Seed | — | — | |
| Unknown | $3.4M | — | |
| Series A | — | — | |
| Pre-Seed | $2.5M | — | |
| BBESIRIUS | Seed | — | — |
Top Co-Investors
Techstars3 shared
SixThirty Ventures3 shared
Adjuvo2 shared
WEPA Ventures2 shared
Fund F2 shared
Plug and Play Tech Center2 shared
Tenity2 shared
Futury Capital2 shared
Vanagon Ventures2 shared
Galaxy Ventures2 shared
Atomico1 shared
Soulmates Ventures1 shared
Unruly Capital1 shared
Puzzle Ventures1 shared
Seedcamp1 shared
Octopus Ventures1 shared
MS&AD Ventures1 shared
Schematic Ventures1 shared
1818 Venture Capital1 shared
NVentures1 shared
Last updated: 8 September 2026