Firms

Delphinus Venture Capital

Delphinus Venture Capital

delphinus.vc

Delphinus Venture Capital is an Aarhus-based evergreen investor backing research-intensive Danish startups in food, health, defence and energy. It invests from pre-seed through Series B and reserves capital for follow-on rounds, providing long-term support as scientific and engineering ideas develop into businesses. The firm typically begins with EUR100,000 to EUR1 million investments in Danish-incorporated companies and can invest up to EUR10 million per company over time. It was launched in 2025 by Aarhus University Research Foundation, HEARTLAND, Norlys and Salling Group with DKK600 million of capital, combining university research connections with industry expertise. The actual legal evergreen investment vehicle identified by the own site CVR45630242 is Delphinus Venture Capital K/S. Its audited2025 annual statements, adoptedJune10,2026, separately identify general partner Delphinus Venture Capital GP ApS (CVR45615480) and management company Delphinus Forvaltning ApS (CVR45614662). The branded institutional profile preserves the actual existing portfolio buyer and qualifies these separate legal functions; no parent/manager/vehicle duplicate financing checks are created. The current public directory identifies seven people and Mathias Brink Lorenz as Managing Partner and CEO; the accounts document him signing on behalf of the general partner. Portfolio biography Jörg Weiser’s Executive Chairperson/Interim CEO title belongs to Kvantify, not this fund manager, and is not assigned as Delphinus employment. The existing DKK600M evergreen fund record and Aug12,2025 public launch announcement are retained; sponsor Salling Group confirms its100M contribution is included in that total. Announced fund capital is distinct from paid-in capital, current NAV, commitments to portfolio loans and statutory corporate capital. Authentic original name-bound portraits have now been filled for all seven current professionals while existing biographies, roles, logo, fund values and investor checks are preserved.

Founded
2025
Type
Venture capital

Funds1

  • Delphinus Venture Capital Evergreen FundDKK 600M

    Evergreen capital vehicle backing Danish research-intensive startups from pre-seed to growth in food, health, defence and energy. The launch was publicly announced by founding LP Salling Group on 12 August 2025 with DKK600 million raised; the manager describes the evergreen fund as EUR80 million. This is a permanent-capital launch rather than a numbered closed-end LP fund or an asserted final close. Salling’s DKK100 million contribution is one LP commitment and is part of the DKK600 million total. Audited2025 statements verify actual legal Delphinus Venture Capital K/S (CVR45630242), its general partner Delphinus Venture Capital GP ApS (CVR45615480), and management company Delphinus Forvaltning ApS (CVR45614662). These legal functions are not additional LP funds or duplicate company participations. Published600M launch capital is not assertion that all subscriptions had been called/paid in; statutory equity, NAV and investment commitments remain distinct.

Team

Operations and support

Katrine RiisbergKatrine RiisbergInvestment Associate, Health and Energy
Lena SchützLena SchützJunior Analyst, Health and Energy
Magnus Theil OlsenMagnus Theil OlsenInvestment Associate, Defence and Food
Mathias Brink LorenzMathias Brink LorenzManaging Partner and Chief Executive Officer
Max GrünwaldMax GrünwaldInvestment Analyst, Food and Energy
Rasmus SørensenRasmus SørensenJunior Analyst, Defence and Food
Victor VillesenVictor VillesenInvestment Analyst, Health and Defence

Co-investing

2degrees (Two Degrees ApS investment platform)
2xN
Dreamcraft Ventures
EIC Fund
EIFO

Investments