Maj Invest is one of Denmark's largest independent investment houses, founded in 2005 and based in Copenhagen. The firm manages private equity investments in Danish SMEs as well as minority venture capital and private equity stakes focused on technology, life sciences, and the energy transition.
36% of their portfolio is in Fintech. Deal activity decreased year-over-year (1 deal in the last 12 months vs 2 prior). Average disclosed round size is $85.8M (across 18 rounds with reported amounts).
Portfolio
16
Fund Size
—
Top Stage
Series C
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
22 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Namdev | Unknown | $37M | Jan 2026 |
 Alice | Unknown | $140M | Jan 2026 |
| HHemab | Series C | $157M | Oct 2025 |
 FlexiLoans | Series C | — | Jan 2025 |
 Twin Health | Unknown | $53M | Jan 2025 |
 Finova Capital | Series E | $135M | Oct 2024 |
 Finova | Series E | $135M | Oct 2024 |
| FlexiLoans | Series C | $34.5M | Sep 2024 |
| HHemab Therapeutics Holdings | Series B | $135M | Feb 2023 |
| HHemab | Series B | $135M | Feb 2023 |
 MedGenome | Unknown | $50M | Aug 2022 |
| Finova | Series D | $65M | Jan 2022 |
| FlexiLoans | Series B | $90M | Jan 2022 |
 ActiveFence | Series B | $100M | Jul 2021 |
| AAye | Series E | $27.5M | Jun 2020 |
 Subra | Series A | — | — |
| HHemab Therapeutics Holdings | Series C | $157M | — |
| BBerar Finance Limited | Unknown | — | — |
| SSub-K | Series C | — | — |
| PProtai Bio | Seed | $12M | — |
 Aye Finance | Series D | $33.3M | — |
| MedGenome | Series E | $47.5M | — |
Top Co-Investors
India Quotient5 shared
British International Investment5 shared
Novo Capital5 shared
Norwest Venture Partners5 shared
HealthCap4 shared
Deep Track Capital4 shared
Access Biotechnology4 shared
RA Capital Management4 shared
Rock Springs Capital4 shared
The Invus Group, LLC4 shared
Sofina4 shared
Sofinnova Partners3 shared
Novo Holdings A/S3 shared
Grove Ventures3 shared
Peak XV Partners3 shared
Nuveen2 shared
CapitalG2 shared
Alpha Wave Global2 shared
Avataar Venture Partners2 shared
Last updated: 20 October 2026