News highlights from our portfolio companies


  • Blackbird Coffee Secures Million-Kroner Investment

    Blackbird Coffee Secures Million-Kroner Investment

    January 22, 2026

    Blackbird Coffee has secured a million-kroner investment from Seed Capital and Damgaard Company to revolutionize the European market for business coffee.

    Blackbird Coffee aims to make office coffee as easy as streaming music. With new capital backing the company, it is accelerating its ambition to challenge a dusty industry across Europe.

    Read more: Blackbird Coffee secures million-kroner investment from Seed Capital and Damgaard Company

  • City of Copenhagen Selects Nordic Cloud Technologies as Supplier

    City of Copenhagen Selects Nordic Cloud Technologies as Supplier

    August 26, 2025

    We are delighted to announce that Denmark’s largest municipality, the City of Copenhagen, has now also chosen the SIKKER FIL solution from Nordic Cloud Technologies (NCT).

    “The agreement was concluded over the summer, and we are very proud of the new collaboration, which began in August and will continue for the next six years,” says Lars Christiansen, CEO of NCT.

    “The agreement means that from August we began delivering our largest and most comprehensive IT solution to date. The agreement covers all public schools and childcare institutions in the City of Copenhagen. Our SIKKER FIL solution, which an increasing number of municipalities are choosing, helps ensure that children’s sensitive personal data is handled responsibly.”

    Read more: City of Copenhagen has now chosen the SIKKER FIL solution

  • Templafy Achieves Its First Year of Positive Operating Profit

    Templafy Achieves Its First Year of Positive Operating Profit

    August 6, 2025

    The Danish IT company lived up to its own expectations and last year recorded its first full year with a positive operating result, adjusted for, among other things, one-off costs.

    Link to IT Watch article: Templafy Achieves Its First Year of Positive Operating Profit

  • Too Good To Go Surges Ahead

    From DKK 0 to DKK 1.4 Billion in Sales in Ten Years: Too Good To Go Surges Ahead

    April 4, 2025

    The CEO of the food-waste app Too Good To Go calls the concept a win-win-win. This is the reason behind yet another year of strong growth. She now sees new markets and black numbers on the bottom line.

    Last year, the company expanded into two new countries, meaning the app is now available in a total of 19 countries. Several new regions are on the drawing board, the CEO tells Børsen.

    In 2024, revenue reached EUR 193.4 million, corresponding to just over DKK 1.4 billion and growth of 30 percent compared to the previous year, Børsen writes.

    Link to Børsen: From DKK 0 to DKK 1.4 Billion in Sales in Ten Years: Too Good To Go Surges Ahead

  • The board

    Damgaard Company Establishes a Charitable Foundation

    March 7, 2025

    Damgaard Company A/S has established a charitable foundation with a special focus on the social and societal conditions of children and young people and their families.

    With the establishment of the charitable foundation, Charlotte & Preben Damgaard’s Foundation, Damgaard Company A/S has committed to making ongoing contributions over a number of years. The foundation has appointed a board consisting of:

    - Charlotte Damgaard, Chair of the Board of Damgaard Company A/S, Chair

    - Nana Bule, advisor, professional board member and former CEO of Microsoft Denmark

    - Sisse Fjelsted Rasmussen, investor, professional board member and former CFO of Stark Group

    The foundation will provide financial support to organizations and associations that work, among other things, to improve conditions for women, children, young people, and families in accordance with the foundation’s purpose.

    First Donation to Maternity Foundation
    Charlotte & Preben Damgaard’s Foundation has chosen to make its first donation by awarding a substantial contribution to Maternity Foundation, which works to create safer childbirths for women and newborns worldwide.

    “I am very happy to have had the opportunity to support and be part of Maternity Foundation’s partner program. As a woman and a mother, it feels like a human right to have access to safe childbirth. What Maternity Foundation contributes through relatively simple but effective initiatives and technology makes a huge difference. Supporting such a project feels absolutely right, and I look forward to getting closer to MF’s projects in developing countries.”

    Through its donations, Charlotte & Preben Damgaard’s Foundation aims to contribute to improving the well-being and living conditions of people in need and where we can make a real difference.

  • OrderYOYO Sold to Private Equity Firm Pollen Street Capital

    OrderYOYO Sold to Private Equity Firm Pollen Street Capital

    March 5, 2025

    OrderYOYO, which has developed an online ordering system for takeaway restaurants, has been sold for DKK 860 million to the British private equity firm Pollen Street Capital (PSC).

    Jesper Johansen (pic.), CEO of OrderYOYO, says:
    “Over recent years, our team of more than 300 dedicated Restaurant Liberators has developed OrderYOYO into a clear market leader, liberating more than 12,500 restaurants and generating over 16 million orders annually on our platform. This market-leading position has been achieved alongside a strong focus on profitability, with EBITDA margins increasing from 0.5% in 2021 to 17.6% in 2024. I cannot thank our team enough for their enormous efforts and constant focus on delivering on our vision and strategy. We are now ready for a new growth journey, and PSC is the perfect partner to take OrderYOYO to the next level by adding capital for investments, strategic know-how, and commercial and financial expertise to support and accelerate future growth.”

    Charlotte Damgaard, Chair of Damgaard Company, says:
    “With this transaction, we have completed what Preben Damgaard began in 2016 when he invested in the company with the ambition to do what he did best—namely helping the company scale from a start-up to a mature, listed company. Preben took OrderYOYO public in July 2021 when the company was listed on Nasdaq First North. A big thank you to Pollen Street Capital Ltd. and the OrderYOYO team for making this successful transaction possible.”

    Read more

    Børsen

    ‍ITWatch

  • Johan Salenstedt, CEO Configit

    Digital Transformation Accelerates: Configit Expects Positive Operating Results in 2024

    June 28, 2024

    With its 2023 annual report, the company marks the completion of its cloud transformation, and there is growing interest in advanced product configuration among large industrial companies.

    In fact, the company is following the plan—the plan for transforming Configit’s configuration lifecycle management software into a cloud-based service, which was laid out before the COVID-19 pandemic broke out in 2020.

    Read the full article (ITWatch): Digital Transformation Accelerates: Configit Expects Positive Operating Results in 2024

  • Fellowmind Named Microsoft Partner of the Year Again in 2024

    Fellowmind Named Microsoft Partner of the Year Again in 2024

    May 23, 2024

    Once again this year, Fellowmind won the main prize as Denmark’s best Microsoft partner and also took home awards as Partner of the Year in the categories Cloud Infrastructure and Modern Work at the Microsoft Partner Awards 2024.

    On Thursday, May 23, Microsoft invited all nominated partners to its annual Microsoft Partner Awards 2024 ceremony at its headquarters in Lyngby.

    Fellowmind had been nominated in six different categories, so Max Sejbæk and Mikkel Aude naturally attended the award show with high expectations. However, winning the main award as Partner of the Year once again exceeded all expectations.

    Read more: Fellowmind named Microsoft Partner of the Year again in 2024

  • Jesper Johansen CEO OrderYoyo

    Upgraded Guidance Five Times in 2023—and Now the Software Company Has Done It Again

    April 23, 2024

    Software company OrderYOYO has a strong appetite for both market share and acquisitions.

    “The strategy we’ve laid out works, and we are gaining market share,” states Jesper Johansen.

    Read the full article on ITWatch: Upgraded guidance five times in 2023—and now the software company has done it again: “We’re a little burned”

  • Templafy Moves Its Headquarters to the US

    Templafy Moves Its Headquarters to the US

    December 5, 2023

    Danish company Templafy is relocating its headquarters to the United States, which will now be the company’s home base. The reason: easier access to capital, customers, and top talent.

    Read the full article on ComputerWorld: Templafy moves its headquarters into this building in the US: A key step toward building an international company

  • Preben Damgaard Has Passed Away

    Preben Damgaard Has Passed Away

    December 4, 2022

    Following a short illness, Preben Damgaard has passed away at the age of just 59. With his death, we have not only lost a highly respected, hardworking, and talented entrepreneur, but also a good and thoughtful friend and a dear colleague.

    In his DNA and lifelong work, Preben Damgaard embodied entrepreneurship long before the concept became a permanent part of the Danish language. His immense contribution to and significance for Danish IT entrepreneurship cannot be overstated.

    Throughout his life, he was driven by a passion for creating, developing, and spreading new technological solutions in Denmark and internationally—solutions that made everyday work easier and more efficient for businesses or contributed to a better and more sustainable future for people in their daily lives.

  • Paperflow acquired by Boyum IT Solutions

    August 1, 2022

    Today Paperflow has been acquired by Boyum IT Solutions! Paperflow is Danish-born technology that delivers a cutting-edge AI-based platform which excels in perfectly automated document scanning. Paperflow’s solution makes life easier for software partners in workflow/ERP systems by creating data-driven knowledge through the digitization of the entire document management system.

    Damgaard Company was co-founder and seed investor in Paperflow, and together with co-investors Lars Seier Christensen, Bent Bang-Jensen, Joachim Spangsberg and co-founder Werner Valeur, we have supported the company’s growth journey towards developing a fully commercial solution that digitizes data from physical documents and turns the information into usable computerized data.

    With the strong international position of Boyum IT Solutions, Paperflow will be introduced to new markets and opportunities.

  • Too Good To Go is one of the 'Best for the World' B Corps

    July 13, 2022

    Each year, B Lab recognises the 'Best for the World' B Corps, based on those with a top 5% score in any one pillar. For the 2nd year running, Too Good To Go has achieved a Best For The World accreditation in the category Governance.

    B Lab is the incredible non-profit organisation that keeps the entire B Corp movement going, driven by a simple, unshakeable belief that business can and should be used for good.

  • Photo: Jeppe Bøje Nielsen in Børsen

    OrderYOYO merges with German app smart - creating the largest restaurant liberator in Europe

    June 17, 2022

    Today, OrderYOYO announced that the company is joining forces with app smart, a market leader for shop systems and market leading in POS systems and digital infrastructure for delivery restaurants in Germany and Austria. With the transaction, OrderYOYO is creating the largest restaurant liberator in Europe. Read press release or Børsen news article.

  • Configit powers into 2022 following year of global expansion

    June 7, 2022

    Configit, the global leader in Configuration Lifecycle Management, saw 42% increase in annual recurring revenue in 2021. The company acquired more than a dozen large enterprise deals, expanded into new markets and sustained its home market in Europe. Read press release or Danish news coverage.

  • Too Good Too Go on TIME 100 Most Influential Companies List 2022

    March 30, 2022

    Today, Too Good To Go got its name on the TIME 100 Most Influential Companies List. This recognizes the company’s work and impact at scale in providing solutions to the global food waste challenge. Read more

  • OrderYOYO issues new shares and enters into new loan facility

    March 22, 2022

    OrderYOYO issues new shares in a private placement and enters into a new loan facility with Vækstfonden thereby strengthening the company's capital reserve and making it fit to integrate future acquisitions that will support the mission of liberating independent takeaway restaurants in Europe. Read press release

  • Dixa acquires Solvemate and Miuros

    March 10, 2022

    Today, Dixa announced a $43M double acquisition of Solvemate and Miuros, two superpowers within conversational AI and native analytics. Together, the three companies will take human-centric customer service to new heights. Read press release or Tech EU news

  • OrderYOYO is a "Fast Growing and Highly Scalable SaaS Company" says independent equity research group

    February 14, 2022

    Analyst Group, an independent equity research firm based in Stockholm, just published a report concluding that OrderYOYO is a “Fast Growing and Highly Scalable SaaS Company”. Read more

  • Fellowmind awarded Microsoft Partner 2022

    February 4, 2022

    Once again, Fellowmind Denmark (formerly ProActive) was awarded Microsoft Partner of the Year. This time around, Fellowmind took home the award in the category Modern Workplace - a prize that ProActive won four times before. Read more

  • Too Good To Go amongst Damgaard's most promising investments

    January 19, 2022

    He came in as an early investor, and now all signs point to Too Good To Go being one of Preben Damgaard’s best investments.
    Read full interview with IT Watch (in Danish).

  • Too Good To Go among top ten most downloaded apps in 2021

    January 7, 2022

    With more than 21 million downloads, Too Good To Go was the number ten most downloaded app within food and beverages globally in 2021. Read more

  • Microsoft giant ProActive drops name after 24 years

    November 16, 2021

    After 24 years, the large Dynamics house ProActive drops its name, which now disappears completely from the Danish IT map. The company is now merging with Daxiomatic from Odense under a new name with Max Sejbæk in the lead. Read more

  • Dutch Fellowmind takes another bite of the Danish tech industry

    November 15, 2021

    Danish Cescom is the third Danish company in two years to be acquired by the Dutch Microsoft Business Application company Fellowmind. Read more

  • Too Good To Go has now saved 100 MILLION MEALS!

    November 11, 2021

    Almost six years ago, Too Good To Go was launched with a mission to combat food waste. Today, the food waste actor can celebrate that the app's almost 50 million users in collaboration with more than 100,000 stores have saved 100 million meals from ending up in the trash. Read more

  • Configit Joins Unity’s Verified Solutions Partner Program to Deliver Enhanced 3D Visualization

    November 3, 2021

    Configit, the global leader in Configuration Lifecycle Management (CLM), today announced that it has joined the Unity Verified Solutions Partner (VSP) program. Unity’s Verified Solutions Partner team is performing quality assurance testing of the Configit Ace® API for Unity. Read more

  • Dixa picks up $105M Series C

    July 28, 2021

    Dixa, the customer engagement platform, has closed a $105 million Series C. American investor General Atlantic leads the funding round with full participation from existing investors.

    The Danish-born startup says it will use the new capital to accelerate growth in North America and continue to make strategic acquisitions going forward. Read more.

  • Morten Strunge, Preben Damgaard and Heartcore invests in online marketplace for wine

    July 15, 2021

    Young startup KOBAJ.com receives DKK 20M in funding to accelerate growth in Europe. The syndicate investment is raised by Morten Strunge, Preben Damgaard and venture capital fund Heartcore. Read more

  • OrderYOYO offering oversubscribed by 203%

    June 28, 2021

    OrderYOYO closes its offering of new shares with 203% oversubscription. The European market-leading platform for independent takeaway restaurants will start trading on Nasdaq First North on Friday, July 2nd. Read more

  • OrderYOYO lists on Nasdaq First North

    June 4, 2021

    OrderYOYO intends to list on First North to significantly accelerate OrderYOYO’s planned sales and growth strategy within UK, Denmark and Ireland. OrderYOYO raises a total DKK 79.4M in the combined offering and private placement. Read more

  • Dixa acquires Australian AI knowledge platform, Elevio

    February 17, 2021

    The acquisition supports Dixa’s long term vision to simplify more aspects of customer service through personalization and machine learning. Read more

  • Fellowmind wins two Microsoft Partner Awards 2021

    January 26, 2021

    Fellowmind takes home Microsoft Cloud Infrastructure Award and Engaging Customers Award 2021 - the latter for the rapid development of COVID-19 test chatbot in the early days of the pandemic. Read more

  • Danish Daxiomatic becomes part of Fellowmind

    December 10, 2020

    Daxiomatic, a leading Microsoft Dynamics 365 partner in Denmark, joins Fellowmind. With the addition of Daxiomatic, Fellowmind strengthens its service offering to match client demands regarding their finance and operations processes in the Danish market. Read more

  • Fellowmind acquires DQC to complete holistic offering in Sweden

    November 26, 2020

    Sweden-based modern workplace agency DQC joins Fellowmind. With the addition of DQC, Fellowmind grows its presence in Sweden significantly, and gets access to DQC’s market leading services within Microsoft’s Modern Work technologies. Read more

  • €135M from Seed Capital to ambitious tech entrepreneurs in Denmark

    August 24, 2020

    Tech entrepreneurs in Denmark can look forward to new funding from tenured investment team at Seed Capital. €67M is raised in first close with pledges from among others Chr. Augustinus Fabrikker, Dansk Vækstkapital & Preben Damgaard, with the aim of raising a total of €135M. Read more

  • Templafy acquires software company, Napp

    May 18, 2020

    Templafy acquires Napp to add collaboration and engagement tracking to its enterprise document creation infrastructure. The acquisition follows recent $25M Series C funding and enables Templafy to accelerate its product roadmap. Read more