Odense Robotics StartUp Fund is a new, non-profit model for shaping successful robotic startups for generations to come. The independent commercial foundation offers early-stage robotic and drone startups from Denmark and abroad access to founder-friendly investment, cutting-edge know-how from leading robotic business leaders and world-class incubator facilities at the Danish Technological Institute in Odense.
The fund invests directly in startups. Returns from loans and additional payments made in the event of acquisitions are reinvested in the fund and in turn in new startups. This long-term, sustainable model aims to create a continuous flow of strong robotic and drone startups – bringing lasting benefits to startup founders, investors, Denmark’s robotics industry and the surrounding community.
Startups also gain unique access to cutting-edge robotic know-how from a group of experts. Some of the Fund’s founders – which includes prominent robotic businesspeople – act as mentors for startups, offering trusted advice based on their deep sector knowledge and extensive industry experience. In addition, technical experts from the Danish Technological Institute advise startups on tech development, while coaches from Odense Robotics advise startups on business development.
Odense Robotics StartUp Fund has a total capital of DKK 18.4M consisting of donations from key figures from some of Denmark’s most successful robot companies, influential robot investors and prominent commercial foundations behind some of the country’s largest industrial companies.