Chr. Augustinus Fabrikker
Sankt Annæ Plads 13, st. th., København K, Hovedstaden, 1250, Denmark
Overview
Chr. Augustinus Fabrikker operates as an investment management firm with a core focus on dedicated ownership of Danish businesses. Founded in 1750, Chr. Augustinus Fabrikker has a capital base of more than 30 billion, a significant player in the Danish business community. It is owned by the Augustinus Foundation, which is one of Denmark's largest cultural foundations, and also makes significant contributions to research and social initiatives.
- Total investments
- 16
- Lead investments
- 3
- Investments · 12mo
- 2
- Active investors
- 1
Sector focus
- Financial Services
- Impact Investing
- Venture Capital
Investment portfolio
- Dawn Health
Participated · Equity · Jun 2026
Dawn Health builds patient-facing apps, digital therapies and software-as-a-medical-device aimed at chronic disease care and works with international life-science and pharmaceutical partners. The company says its solutions are used across multiple international markets and it aims to be a global technology partner that bridges technology, patient experience and regulatory requirements. The new financing is intended to scale its platform and expand its product portfolio to enable faster cross-market deployments. Dawn Health is increasing investments in staff and development, which contributed to rising costs. In its most recent fiscal year the company reported a loss of DKK 52.2 million versus a DKK 25.3 million loss the prior year.
- Podimo
Participated · Equity · Dec 2023
Podimo operates a subscription-based podcast platform that bundles production tools, distribution services and audience analytics for creators. The product positions itself as a one-stop shop: creators can produce content, distribute on Podimo and other platforms, monetize via subscriptions and access metrics. Podimo is available in Denmark, Norway, Germany, Spain, The Netherlands, Finland and Latin America, charging listeners roughly $5–$7 per month. The company is building more localized and short-form content, expanding production tooling, widening its distribution network and pursuing greater localization across additional countries. Operational metrics reported include average engagement rising to 20 hours per user per month, subscription base growth of 80%, and about 350 shows published weekly by roughly 350 creators. Management says Podimo is profitable in Denmark and is focusing on getting into the black in other markets. Podimo operates a paid subscription service for podcasts and audiobooks, featuring original and exclusive ad-free shows and tools for creators to monetize their work. The app is available in Denmark, Germany, Spain, Norway, the Netherlands, Finland and across Latin America. The company has been expanding geographically, acquiring Dutch production company Dag en Nacht and debuting in the Netherlands in April followed by Finland in August. Podimo has doubled its headcount since 2021 and reports a fivefold year‑over‑year increase in paying members. The company intends to use new capital for further market expansion, content and enhanced investments in technology and product development. Podimo was founded in 2019 by Morten Strunge, Nikolaj Koppel, Sverre Dueholm, Andreas Sachse and Eva Lægdsgaard. Podimo is an open podcast platform from Copenhagen that offers a subscription service for creators and listeners. The company produces more than 950 original titles and has partnership deals with major audio producers including iHeartMedia, Wondery, FYEO and author Jo Nesbø. It localizes international content into native languages and uses AI‑driven personalized recommendations and video trailers to improve discovery. Podimo operates a user‑centric revenue‑sharing model that distributes membership fees directly to creators each month. The company intends to use new capital to enter new markets, create more original content, and increase payouts to creators. Since 2019 Podimo has raised $115 million in total prior to the latest round. Podimo is a subscription service for podcasts and short-form audio that provides personalized recommendations and a freemium paid tier. Premium members get access to more than 600 exclusive shows and membership fees are shared directly with the creators they listen to. The platform is live in Germany, Denmark and various Spanish-speaking markets and reports that more than 50% of its growth now comes from international markets. Co‑founded by Morten Strunge, Nikolaj Koppel, Andreas Sachse, Sverre Dueholm and Eva Lægdsgaard, the company aims to tackle discoverability and monetization challenges in the developing podcast industry. Podimo’s stated goal is to become a preferred partner for creators by curating content, matching it to users and offering a superior monetization model to reduce reliance on advertising. Podimo is a podcast and short-form audio platform that provides personalized recommendations to users and supports creators through a revenue-share model tied to its subscription service. The company operates a subscription-based product currently live in Denmark and Germany. Podimo plans to use new capital to develop the platform further, invest in content and creators, and build a podcaster studio. Management also intends to drive market expansion and grow the team. The company was co-founded by Morten Strunge, Nikolaj Koppel, Sverre Dueholm, Andreas Sachse and Eva Lægdsgaard and is based in Copenhagen, Denmark. No operating metrics or financial results were disclosed in the article.
- Corti
Participated · Series B · Sep 2023
Corti builds an AI "co-pilot" that assists clinicians in real time with triage, documentation, administrative coding, decision analysis and post-encounter coaching. The company says it has built its own models rather than relying on third-party large language models and intentionally does not employ physicians on payroll to avoid bias. Corti launched its platform around 2018 and saw accelerated adoption after the COVID-19 pandemic. Usage metrics in the article show Corti now works with roughly 100 million patients a year and is used about 150,000 times per day (it assisted 15 million consultations annually at the time of its 2021 Series A). Customers include emergency services in Seattle, Boston and Sweden as well as multiple hospitals and medical services. Corti claims its tools can improve outcome-prediction accuracy by up to 40% and make administrative tasks up to 90% faster. The company is expanding its contribution to healthcare but is not disclosing a valuation. Corti.ai has developed a patented AI platform that automatically listens during patient phone and video consultations to transcribe, document, code, and quality‑assure interactions in real time. Its machine learning models analyze thousands of variables and compare each patient's symptom description to millions of historical cases to provide real‑time decision support. The company started in emergency medicine—supporting emergency calls for cardiac arrest and COVID‑19—and has expanded to support consultations across healthcare, now analyzing roughly 250,000 low‑acuity consultations per month. Independent research, including work with Copenhagen Emergency Services, found Corti could reduce undetected out‑of‑hospital cardiac arrest cases by more than 40% with minimal personnel training. Corti plans to launch new products and use the recent funding to accelerate expansion into US primary care, targeting telehealth companies, clinical call‑centers, and general practitioners. Founded in 2016, the company has been recognized with awards such as VentureBeat's “Best Global AI Innovation 2018” and the European Commission's “Future Unicorn Award 2020.”
- Lunar
Participated · Equity · Feb 2023
Lunar is a mobile-first fintech and neobank founded in Denmark that offers customer-facing banking services via an app, including account management, payments, expense tracking and credit access. It has expanded beyond Denmark into Sweden, Norway and Germany and reported ~300% customer growth over the past two years. The company monetizes through premium subscriptions, interchange fees and lending products rather than advertising or data sales. Planned product developments include an AI-driven budgeting assistant and low-cost instant cross-border payments within the EU. Lunar is also prioritizing regulatory compliance, hiring legal teams, and investing in cybersecurity and advanced fraud-detection systems as it scales. The recent $200 million growth round led by CapitalG is intended to accelerate geographic expansion, product feature development, and hiring in design and compliance.
- Veo
Participated · Series C · Sep 2022
Veo builds automated AI sports cameras and accompanying analytical and sharing tools that let coaches, players, and teams record and review matches without a camera operator. The system records sports matches and provides tools for access, sharing, and analysis. Veo serves over 15,000 clubs in 80 countries and is used by teams across top leagues as well as more than a half-dozen Major League Soccer clubs. The company is title sponsor of the KDB Cup and its cameras were distributed by the NBA for scouting prior to the 2020 draft. Veo has offices in Copenhagen, Miami, and London and plans to make more than 200 hires over the next two years. Its stated vision is to democratize video broadcasting and analytics that today are mostly available only to professional teams. Veo develops an AI-driven camera system and software that records entire soccer pitches with a 4K lens and uses AI to produce TV-like virtual panning and zooming. The hardware is designed to be mounted on a 23-foot tripod and the AI crops and follows the action to create framed views for playback on smartphones and tablets. Starting from 4K preserves sufficient quality despite cropping, though overall resolution can be reduced. In the last year Veo recorded 25,000 games across 1,000 clubs in 50 countries and employs 35 people at its Copenhagen headquarters. The company plans to use its new capital to launch in the U.S. market and to leverage U.S. presence to expand globally and into other sports. It raised $6 million in a Series A to fund the U.S. launch and continued product development. Veo sells a camera mount containing two 4K cameras in a 3D-printed enclosure that sits on a four-metre tripod and captures a 180-degree panoramic view of a pitch. Its software stitches the images and uses deep neural networks and computer-vision algorithms to track the ball and players, then virtually pan and zoom to create match footage and highlights. The cameras remain static during recording, and users can manually create edits after matches by choosing virtual camera angles and zooms. Video quality is reduced when digitally zooming, but the company positions the output as suitable for smaller screens such as smartphones and tablets. Veo’s business model is subscription-based, with entry camera subscriptions starting at £999 annually and paid upgrades to embed local sponsors’ logos for additional club revenue. The startup says its mission is to democratise recording of football by removing the need for a cameraman and post-match editor. Financially, Veo has raised €2 million in seed funding to date.
Team
Ole Augustinus
Founder