Ugly Duckling Ventures — Full Portfolio

BeCause provides sustainability management and certification tools for the travel and tourism industry, helping businesses, certification bodies, technology providers, and consultants streamline ESG compliance and environmental reporting.

Climate TechImpact & Social GoodSaaSTravel & HospitalitySeattle, US

Co-investorsSUSuperAngel

Chris Purcell(Founder)Juhana Aalto(Founder)Riku Hellgren(Founder)Toni Tenlenius(Founder)

Curiosity VC is a venture capital firm raising a fund to invest in early-stage AI software companies, targeting a portfolio of around 30 companies.

AI & Machine LearningFintechMarketing TechBenelux, NL

Co-investorsPEPeak

Diplomasafe provides a platform for issuing digital diplomas, badges, and certificates, including template creation, distribution, management, one-click verification, and API integration.

EdTechSaaS

Kanda provides point-of-sale financing for homeowners undertaking renovation projects through their general contractor partners, enabling customers to pay in installments rather than upfront.

FintechPropTechSaaSBirmingham, GB

PDPhillip Daneshyar(Founder)inRFRichard Fleeman(Founder)inRGRob Gallagher(Founder)inPaul Damasco(Senior Engineer)

Co-investorsKNKnockout CapitalSOSoma CapitalY Y CombinatorFJFJ LabsGUGutter CapitalJWJWass PT Investors+7 more

Kanda creates digital simulations and VR training courses for corporate learning in the maritime, renewable energy, and health sectors.

CleantechDeep TechEdTechEnergyEnterprise SoftwareHR TechAarhus, DK

Co-investorsTETechstarsFJFJ LabsY Y Combinator

Moxso provides phishing simulation and security awareness training for employees.

CybersecurityCopenhagen, DK

RBRune Boye Knudsen(Founder)inMikkel Lindblom(Founder)

Co-investorsDODouble DownSESEED Capital DenmarkSESeed Capital Limited

Palette Desktop is a workspace application designed for non-engineering professionals to manage writing, research, planning, operations, and design tasks across shared folders using AI agents.

AI & Machine LearningEnterprise SoftwareSaaSCopenhagen, DK

LELars Ettrup(Co-founder & CEO)inSSSteffen Sommer(Co-founder & CTO)inBKBrian Kyed(Co-founder & CCO)inCLChristian Lomholt(Co-founder)

Co-investorsACAcadian Ventures Management, LlcBABain Capital VenturesEMEmblemEXExfinity VenturesKIKima VenturesLILiquid Ventures+3 more

Palette Cloud operates a housing/living platform for the real estate industry, offering services to real estate operators as well as tenants, unified through its "Palette ID" (OpenID) system.

PropTechSaaS

Co-investorsZ Z Venture CapitalACAcadian Ventures Management, LlcEMEmblem

Palette is a project management and collaboration platform for creative and video production teams, offering frame-by-frame drawover, real-time boards, timelines, version tracking, and task management tied to assets and reviews.

Future of WorkMedia & EntertainmentSaaS

Co-investorsSTSTARTUP IGNITION VENTURESACAcadian Ventures Management, LlcEMEmblem

Palette is a multimodal AI studio that turns a single prompt, image, or document into video, visuals, and structured content within one workflow, with editing, storyboarding, and character-consistency tools.

AI & Machine LearningCreator EconomyEnterprise SoftwareMarketing TechSan Francisco, US

AWAmila Welihinda(Founder)inJLJosephine Lee(Founder)inSPSerena Pei(Founder)in

Co-investorsVEVela PartnersY Y CombinatorACAcadian Ventures Management, LlcAGAgrolimen VenturesANAnderson Growth PartnersBABain Capital Ventures+5 more

Skyfora develops weather forecasting technology using AI-driven GNSS tomography and GPS-based radiosondes to close gaps in weather data.

AI & Machine LearningClimate TechData & InfrastructureDeep Tech

SHSvante Henriksson(Founder)in

Co-investorsEVEviny VenturesVOVoima VenturesLULumo Labs