Top 22 medical and healthcare startups in Denmark

Mar 21, 2026
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1
Genmab
Funding: $5.7B
Genmab is a biotechnology company focused on developing fully human antibody therapeutics for the potential treatment of cancer.
2
TransMedics
Funding: $721.3M
Transmedics is a medical device company involved in the design and production of transplant devices.
3
Galecto Biotech
Funding: $720.3M
Galecto develops galectin modulators for the treatment of severe diseases, including fibrosis and cancer. The company builds on more than 10 years of research into galectins and galectin modulators, which combined with a strong patent estate gives Galecto Biotech a unique platform.
4
Adcendo
Funding: $249.6M
ADCendo develops antibody-drug conjugates (ADCs) for the treatment of cancers with high unmet medical needs. The company is developing two technologies: ADCE-T02, which combines an optimized monoclonal antibody targeting tissue factor (overexpressed in numerous solid tumor indications) with a next-generation linker and exatecan delivery technology, providing higher efficacy and improved tolerability. The second candidate is ADCE-D01 - a first-in-class ADC targeting uPARAP, an endocytic receptor overexpressed in a wide range of mesenchymal tumors, including soft tissue sarcomas, osteosarcoma, GISTs, mesothelioma and glioblastoma.
5
IO Biotech
Funding: $235M
IO Biotech ApS is a clinical stage biotech company developing disruptive immune therapies i.e. checkpoint/cancer vaccines.
6
MinervaX
Funding: $215.5M
Minervax is a biotechnology company developing a novel vaccine against Group B Streptococcus.
7
Hemab Therapeutics
Funding: $190M
Hemab is focused on the development of bispecific antibodies for the treatment of rare bleeding disorders.
8
Hemab
Funding: $190M
Hemab is focused on the development of bispecific antibodies for the treatment of rare bleeding disorders.
9
NMD Pharma
Funding: €151M
NMD Pharma is a small molecule drug discovery company that develops novel treatments of neuromuscular disorders. Research by the founders working on the neuromuscular junction identified an approach that has not previously been exploited but shows great promise.
10
Snipr Biome
Funding: $103.4M
SNIPR Biome is to develop CRISPR-based medicines that give hope for effective and safe treatment of difficult-to-treat diseases in the future.Precision killing of bacteria has the impact to revolutionise the management of untreatable and difficult-to-treat infections as well as complex diseases directly impacted by the human microbiota.
11
Corti
Funding: $93.3M
Corti is a machine learning company that helps emergency departments to detect critical illnesses like cardiac arrest in real-time.
12
Antag Therapeutics
Funding: $90.6M
Antag Therapeutics provides therapeutic peptides for the treatment of dietary-related metabolic diseases like obesity.
13
Muna Therapeutics
Funding: $77.9M
Muna develops transformative therapeutics to preserve brain function and enhance resilience to neurodegenerative diseases
14
Lenus
Funding: €52M
Lenus eHealth is a B2B technology and innovation firm providing cloud-based SaaS to a broad variety of health professionals.
15
MedTrace
Funding: $52.3M
MedTrace provides 15O water for positron emission tomography (PET) imaging. The startup’s platform consists of an automated hardware system for producing, dosing, and injecting 15O water and analytical software for image processing.
16
Liva Healthcare
Funding: $43.5M
Liva’s digital coaching platform provides scalable lifestyle change, disease management & patient engagement for NHS England, AXA PPP & more
17
Dawn Health
Funding: $38M
Dawn Health is a digital health company specializing in developing regulated software-as-a-medical-device and digital therapeutics, used in oncology and for multiple sclerosis and rare pediatric conditions, like growth disorders
18
Noie
Funding: $12M
Nøie is customised skincare based on individual skin profiles, scientifically proven ingredients, and shared knowledge within a community united by similar issues. Our algorithms harness the power of the crowd to help the individual.
19
Motosumo
Funding: $6.5M
Motosumo is unlocking that potential using our background in professional sports analysis.
20
Radiobotics
Funding: $5.2M
Radiobotics are developing stellar machine learning algorithms, supporting doctors in analysing medical images.
21
Sonohaler
Sonohaler is a digital health company that empowers people with asthma live an active and healthy life.
22
Cystotech
Cystotech uses artificial intelligence to improve bladder cancer treatment. They develop applications for use during cystoscopy and focus on improving diagnostic efficiency and use less invasive treatment approaches. Cystotech's technology improves tumor grade assessment, allowing surgeons to perform resections to the correct depth during primary tumor resection. This will reduce the recurrence rate and, consequently, the number of surgical interventions.
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Editor: Jason Kwon
Jason Kwon is a senior editor for MedicalStartups. He has previously covered the pharmaceutical and medical research industries for FDAnews and worked as a head of marketing for medical startup Sonic Therapeutics. Before that, he co-founded a startup consulting business for emerging entrepreneurial hubs in Asia. Jason graduated from St. Bonaventure University’s journalism school. In his free time, Jason enjoys yoga, watching movie trailers, traveling to places where he can't get cell service. You can contact Jason at jaskwon(at)medicalstartups(dot)com