Launch of PSV Hafnium – Denmark’s first dedicated early-stage deep tech fund

PSV has officially launched Denmark’s first dedicated deep tech fund, PSV Hafnium, securing DKK 385 million in its initial close. The fund is backed by the European Investment Fund (EIF) and the Danish Export and Investment Fund (EIFO).

PSV Hafnium will invest in early-stage, science-based technology startups in Denmark and across the Nordic region. With a fund size cap of DKK 600 million, it aims to invest in 30 startups focusing on science-based solutions in clean technology, health tech, and next-generation industrial innovations.

The fund is committed to investing at least 65% in what EIF terms as ‘Climate Action and Environmental Sustainability’. Additionally, as a member of the PSV venture house and with PSV Foundry serving as a limited partner in the fund, PSV Hafnium has a close link to DTU, where it connects with scientific experts and innovation, benefiting from the DTU ecosystem. DTU has been ranked as number one in Europe in engineering and technology in recent years.

Mazanti Transactions advised long-term client PSV in connection with the entire process from initial discussions on fund structure, fund scope, and setup, to a successful close.