Copenhagen · Pre-Seed–Series A · 26 people tracked
Investment thesis
Heartcore Capital focuses on backing European founders at the earliest stages, describing its mission as supporting founders of genius and courage from inception. On the venture side, it invests in early-stage companies from inception up to Series A. It also runs a web3 practice, investing in protocols from the idea stage through to liquid tokens.
Source: firm website, verified Aug 25, 2026.
Team · 26 people
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What they invest in
from 38 of 50 portfolio companiesAI & Machine Learning ×16SaaS ×13Consumer ×6Deep Tech ×5Enterprise Software ×5Climate Tech ×4Gaming ×4Hardware ×4
HQs:United States×6Germany×4United Kingdom×4France×3Denmark×2Switzerland×1
Who they back
founder profiles across 15 portfolio companiesFounding team size:solo founder×72 founders×53 founders×24+ founders×1
Where their founders studiedfrom 14 founders with education data
The Wharton School ×2University of Eastern Finland ×2
Where their founders worked beforefrom 16 founders with career history
Google ×2Puolustusvoimat - Försvarsmakten - Finnish Defence Forces ×2Uber ×2University of Eastern Finland ×2
Investments · 50 tracked
founders shown can be your intro pathBy year:2026 · 42024 · 32023 · 22021 · 110 dated
Mojiworks develops games that connect communities through social play on platforms like Discord, Reddit, and Snapchat.
AI & Machine LearningCreator EconomyGaming
Matthew Wiggins(CEO)in
Co-investorsBalderton CapitalLifeline VenturesSunstone Capital
Audibene sells hearing aids and related digital solutions for people with hearing loss through Germany's largest network of partnered acousticians.
Digital HealthHealthtechMedical DevicesBerlin, DE
Co-investorsActon CapitalSTS Ventures GmbH
Boozt is an online retailer offering fashion and lifestyle products to consumers, with a mobile app and delivery service.
ConsumerE-commerceRetail Tech
Peter G. Jørgensen(Founder)in
Co-investorsFriheden Invest
London-based travel platform selling flight-free holiday packages by train, bus and ferry across Europe.
Co-investorsEka VenturesFounders FactoryFounders Factory NYGMG VenturesMercuri.vc
Capalo AI develops AI-powered software to optimize energy storage systems, lower price volatility, and reduce carbon emissions.
AI & Machine LearningCleantechClimate TechEnergyHelsinki, FI
Henri Taskinen(Co-Founder & Chief Executive Officer)inRiku Kukkonen(Co-Founder & Chief Sales Officer)inEerik Jauhiainen(Co-Founder & Chief Technology Officer)inTeemu Lappalainen(Co-Founder & Development Director)in
Co-investorsInnovestor VenturesVentureFriendsInnovestorInventureTesi (Finnish Industry Investment Ltd)
CarbonPool provides insurance products for carbon credit projects, covering unexpected carbon credit shortfalls and reversal events caused by natural catastrophes, weather, disease, and machine breakdown, and compensates clients with high-quality carbon credits.
Climate TechImpact & Social GoodInsurTechZürich, CH
Coenraad Vrolijk(CEO / Co-Founder)inNandini Wilcke(COO / Co-Founder)inFrederic Olbert(Co-Founder)inClaudio Braidotti(Chief Financial Officer)inBeat Krauer(Chief Underwriting Officer)in
Co-investorsHCS CapitalReventVorwerk Ventures
Co-investors83North
Cookiebot is a consent management platform that scans websites for cookies and trackers and collects visitor consent to help site owners comply with privacy regulations such as GDPR, CCPA, and Google Consent Mode.
CybersecurityMarketing TechSaaS
Co-investorsBain Capital VenturesFoundamentalGC AngelsLocalGlobeMaven Capital PartnersMid Europa Partners+4 more
Issuu is a digital publishing platform that transforms content into interactive flipbooks and enables users to share, embed, and monetize publications with analytics and collaboration tools.
Creator EconomyMedia & EntertainmentSaaS
Joe Hyrkinin
Co-investorsAUC AngelsGlobal BrainHazelview VenturesKDDI Open Innovation FundLiquidity Capital
Davis provides feasibility studies and architectural designs for real estate projects, delivering them in days rather than months by combining technology with licensed professionals.
Construction TechPropTechParis, FR
Mehdi Rais(CEO)inAmine Chraibi(CTO)in
Co-investorsBalderton CapitalEntrepreneur First
Defence company based in France.
EGIDE develops mass-deployable, networked effectors for defense, starting with air-defense systems against suicide drones.
AI & Machine LearningDefense TechHardware
Co-investorsExpeditions
FlexAI operates a control plane for AI workloads that unifies inference, fine-tuning, and pre-training across different runtimes, models, and accelerators.
AI & Machine LearningCloud ComputingDeveloper ToolsParis, FR
Brijesh Tripathi(Founder)
Co-investorsAlpha Intelligence CapitalFrstElaiaPortage Ventures
Gourmey produces cultivated meat, with its first product being a lab-grown foie gras aimed at fine-dining chefs and restaurants.
BiotechClimate TechFoodTech
Co-investorsAir Street CapitalBig Idea VenturesEmblemJoyance PartnersKeen Venture PartnersPoint Nine
IONLACE develops modular protein design tools, combining AI models with a lab-in-the-loop experimental approach to design and engineer new molecules for medicine.
AI & Machine LearningBiotechDeep Tech
Co-investorsACME Capital
iSentroniq develops dense, near-heatless cryogenic wiring aimed at overcoming scalability limits in quantum computing hardware.
Deep TechHardwareQuantum Computing
Co-investorsAgoranovHEC Paris IncubatorKima VenturesOVNI CapitalBetter Angle
Health and wellness company based in Finland.
An affiliate review site that publishes a data-driven analysis of the offshore Leon Bet online casino and sportsbook, scoring its game catalogue, bonuses, licensing, and withdrawal times for French-speaking gamblers.
FintechGamingMedia & EntertainmentParis, FR
Kevin Ohana(Founder)inYohan Elbase(Founder)in
Co-investorsY CombinatorAresInsight PartnersTactile VenturesThrive CapitalTribeca Venture Partners
Kive is an AI visual platform for creating and editing product shots and brand imagery, aimed at small marketing and creative teams.
AI & Machine LearningMarketing TechSaaSVan Nuys, US
Jedd Gold(Executive Officer, Director)JEDD GOLD(Executive Officer, Director)JEFF LIPP(Executive Officer, Director)
LILLYDOO offers baby care products, including diapers and wet wipes free of perfumes, sold via a subscription service (LILLYDOO+) with regular deliveries and free shipping.
ConsumerDirect to ConsumerE-commerceFrankfurt am Main, DE
Gerald Kullack(Founder)Sven Bauer(Founder)
Co-investorsVorwerk VenturesSofina
Luca provides AI-powered pricing optimization software for retail businesses, analyzing sales data to identify opportunities for revenue and profit improvement and recommending price adjustments to capture additional margin.
AI & Machine LearningEnterprise SoftwareSaaSSan Francisco, US
Tanvi Surti(Founder)inYonah Mann(Founder)in
Co-investorsShilling VCY Combinator6 Degrees CapitalExplorerMenlo VenturesSoma Capital
Luca Technologies provides bookkeeping software and business registration solutions for small and medium enterprises in Africa.
E-commerceEnterprise SoftwareFintechSaaSChatsworth, US
Co-investorsTechstars6 Degrees CapitalExplorerPlug and Play VenturesShilling VC
nilo offers workplace mental health support, connecting employees and leaders with psychologists for sessions, coaching, roundtables, and digital exercises.
Digital HealthHR TechMental HealthBerlin, DE
Jonas Keil(Founder)
Co-investorsVorwerk Ventures
Chicago, US
Daniel Nussbaum(Chief Executive Officer)
Co-investorsFirestartrSquareOne Capital
Nodes & Links builds AI-powered project management software that helps teams understand and proactively manage project schedules and plans.
AI & Machine LearningConstruction TechSaaSLondon, GB
Greg Lawton(Co-founder)inDr. Christos Ellinas(Co-founder)inChristos Ellinas(CTO)in
Co-investorsCarbonEntrepreneur FirstNiya PartnersRed Bear VenturesWesterly WindsZigg Capital+5 more
Nūmi uses cell culture technology to produce a new form of nutrition, aiming to replicate the benefits of breast milk as an alternative for parents and infants, with potential applications across other age groups.
BiotechFoodTechHealthtech
Co-investorsHCVCKost CapitalSistaFinancière Saint JamesKima Ventures
PhaseTree provides a materials design platform that combines physics-based simulation with AI modeling to help users discover and optimize materials without coding.
AI & Machine LearningDeep TechNew Materials
Co-investorsHEC Paris Incubator
IXI (Pixie Ray) develops adaptive eyewear with autofocusing lenses that track the wearer's eye movements to adjust focus for near or far vision.
Deep TechHardwareMedical Devices
Co-investorsbyFoundersAmazon Alexa FundBragiel BrothersEurazeofirstminute capitalFOV Ventures+2 more
Podimo is a premium audio subscription service offering original and exclusive podcasts without ads, audiobooks, and curated podcast feeds through RSS.
ConsumerMedia & EntertainmentCopenhagen, DK
Morten StrungeNikolaj KoppelSverre DueholmAndreas SachseEva Kirstine Lægdsgaard(Founder)Eva Lægdsgaard
Co-investors83NorthHeadlineHeadline Growth Management, LLCHighland EuropeSaban VenturesHighland Capital Partners+1 more
Podio is a no-code platform for building customizable digital workspaces, apps, and automated workflows to manage tasks such as CRM, project tracking, and approvals.
Enterprise SoftwareFuture of WorkSaaS
Co-investorsTriaxis Capital
Prezi offers an AI-powered presentation tool that generates fully designed decks from a prompt or an uploaded file (PPTX, PDF, DOCX), with conversational refinement and support for its zooming presentation format.
AI & Machine LearningFuture of WorkSaaSSan Francisco, US
Peter Halacsy(Director)Peter Arvai(Executive Officer, Director)Adam Somlai-Fischer(Director)inJim Szafranskiin
BoardChristian Lindegard Jepsen(Director)Andre Haddad(Director)
Co-investorsAccelSpectrum Equity
qlub provides QR-code-based pay-at-table, order-and-pay, digital menus, payment links, and a SoftPOS terminal that integrate with restaurants' POS systems.
FintechFoodTechRetail Tech
Dr. Mahmoud Fouz(Founder)in
Co-investorsCherry VenturesPoint NineRAED VenturesShorooq PartnersFinTech CollectiveSTV
Qualia Studios trains and deploys robotic foundation models for factory and warehouse automation, handling tasks like multi-object grasping from mixed, unstructured bins across a real SKU mix without jigs or fixed poses.
Advanced ManufacturingAI & Machine LearningRoboticsCopenhagen, DK
Co-investorsWave Ventures
Quell develops fitness gaming software that combines combat-based gameplay with physical exercise, helping users achieve fitness goals through interactive gaming experiences.
AI & Machine LearningConsumerGamingHardwareHealthtechLondon, GB
Cameron Brookhouse(Founder)inLorenzo Spreafico(Co-founder, COO)inDouglas Stidolph(Founder)inMartin Tweedie(Founder)in
Co-investorsKube VCY CombinatorKhosla Ventures
Seriously is a mobile game studio behind Best Fiends, a puzzle adventure game set in the world of Minutia where players collect and power up characters called Fiends to battle enemies.
ConsumerGamingMedia & EntertainmentPacific Palisades, US
Andrew Stalbow(CEO)Petri Jarvilehto(Director)
BoardNikolaj Nyholm(Director)Bjorn Stray(Director)inSteven Dietz(Director)
Co-investorsNorthzoneUpfront Ventures
Skynopy operates an end-to-end ground station service that connects satellites to the cloud, using a hybrid network of timeshared antennas and its own proprietary ground stations orchestrated through a platform with virtualized modem technology.
Cloud ComputingDeep TechSpace Tech
Pierre Bertrand(CEO)Antonin Hirsch(CTO)
Co-investorsExpansion VenturesKima VenturesAlvenBetter Angle
Spinnable offers autonomous AI workers that users can set up to handle routine business tasks such as email, scheduling, outreach, reporting, and workflow automation.
AI & Machine LearningFuture of WorkSaaS
Vasco Pedro(Founder)in
Sunbeam is a customer feedback analytics tool that consolidates input from surveys, reviews, and support tickets and identifies which issues drive changes in metrics like churn, ratings, NPS, and conversion.
AI & Machine LearningEnterprise SoftwareSaaSBristol, GB
Joe Cainey(Founder)
Tourlane creates custom travel packages and tailored itineraries for leisure travelers, pairing customers with English-speaking, native-European travel experts who handle planning, booking, and in-trip support.
ConsumerMarketplacesTravel & Hospitality
Julian Weselek(Founder)in
Co-investorsDN CapitalSequoia CapitalAccelAdams Street PartnersAndreessen HorowitzBattery Ventures+11 more
Portfolio news
latest coverage across their companiesSunbeam · okcfox.com · Jul 30, 2026
Flex · finsmes.com · Jul 17, 2026
Joe · alleywatch.com · Jul 16, 2026
Nodes & Links · startupintros.com · Jul 13, 2026
Luca · forbes.com · Jul 1, 2026
Luca · forbes.com · Jul 1, 2026
Spinnable · leadsontrees.com · Nov 10, 2025
Frequently asked questions
- How many investments has Heartcore Capital made?
- Heartcore Capital has 40 tracked investments, 1 of which have exited via acquisition or IPO, including 2 dated in the last 24 months.
- What stage does Heartcore Capital invest at?
- Heartcore Capital invests at the Pre-Seed, Seed, Series A stages.
- What sectors does Heartcore Capital focus on?
- Heartcore Capital focuses on Crypto & Web3, Sector Agnostic.
- Where is Heartcore Capital located?
- Heartcore Capital is headquartered in Copenhagen, DK.
- Does Heartcore Capital lead rounds?
- Heartcore Capital typically participates in rounds rather than leading them.
- Who does Heartcore Capital co-invest with?
- Heartcore Capital most often shares deals with Kima Ventures, LocalGlobe, Maven Capital Partners, among 62 tracked co-investors.
Images
Co-investors · 88
Accel is a venture capital firm that partners with exceptional teams, positioning itself as a first partner to founders globally.
Balderton Capital is a European venture capital firm that backs technology startups.
Point Nine is an early-stage venture capital firm that has operated for nearly 15 years, emphasizing focus over scale.
83North is a global venture capital firm that invests in and helps entrepreneurs build large, category-defining companies, backing startups across multiple stages and sectors.
Index Ventures is a multi-stage venture capital firm that backs companies from Seed to IPO and beyond, including through its dedicated seed fund Index Origin.
Coatue Management is a technology-focused investment firm that invests in innovation across both public and private markets with responsible risk management.
Spark Capital is a venture capital firm that partners with founders, known for early investments including leading Twitter's Series B in 2008.
Plug and Play is an innovation platform that connects corporations, governments, startups, investors, and universities to drive innovation.
Battery Ventures is a global investment firm that has backed more than 450 companies over its 40-year history, operating its investment staff as a single global unit.
HCVC is a venture capital firm that backs founders working to industrialize scientific and technological progress across deep tech, robotics, and hard science domains.
Headline is a global venture capital firm investing in early- and growth-stage founders, with teams on the ground across multiple continents.
Picus Capital is a privately financed venture capital investor focused on early-stage technology ventures, having backed over 170 companies with a long-term, entrepreneur-aligned approach.
▶76 more co-investors
DN CapitalThrive CapitalNorthzoneHV CapitalCherry VenturesAlvenFinTech CollectivebyFoundersBig Idea VenturesLifeline VenturesAir Street CapitalFrstEurazeoShilling VCFounder CollectiveUnknown VenturesTrue VenturesSound VenturesDST GlobalAtomicoEniac VenturesGradient VenturesStreamlined VenturesPartech VenturesAccel-KKRPractical Venture CapitalF-Prime CapitalLowercase CapitalParadigmCreandumEQT VenturesShasta VenturesCausalFootworkHaun VenturesLatitud VenturesNotion CapitalLeft Lane CapitalICONIQ CapitalPassion CapitalEnergy Impact PartnersTarget Global2xNFELIX CAPITALBlackbird VenturesKohlberg Kravis Robertsfoobar.vcCrunchFundWhite Star CapitalNGP CapitalOctopus VenturesDawn CapitalAmplo VenturesSweet CapitalVisionaries ClubColor CapitalHTGFJigsaw VCCherubic VenturesBootstrapLabsSingularWorld FundAmino Collective3VCBusiness Growth FundFounders FutureOptum VenturesCelonisMonk's Hill VenturesTreble CapitalHoltzbrinck VenturesSunfish PartnersApollo Asset ManagementVendep CapitalKoolen and PartnersAnkaa Ventures
Firms observed investing alongside Heartcore Capital, from public investor directories. Shared companies are the overlap with Heartcore Capital's recorded portfolio.
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