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Heartcore Capital

Frederiksgade 7 3., København K, Hovedstaden, 1265, Denmark

Overview

Early-stage venture capital fund investing in exceptional founding teams.

Founded

2007

Deals · 12mo

7

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Denmark
France
Germany
Sweden
...

Sector focus

Finance
Financial Exchanges
Financial Services
Venture Capital

Investment portfolio

80rounds
NAMEDATESIZE
Luca
Aug 2026Participated
$8 MSeries A
Fora
Jul 2026Participated
$60 MSeries D
Davis
May 2026Led
$6 MSeed
Spinnable AI
Apr 2026Led
$2 MSeed
EGIDE
Mar 2026Led
$9 MSeed
Capalo AI
Feb 2026Led
$13 MSeries A
Frontera Labs
Dec 2025Participated
$3 MSeed
Isentroniq
Oct 2025Led
$9 MOther Equity
Zefir
Sep 2025Participated
$17 MOther Equity
Skynopy
Jun 2025Participated
$17 MOther Equity
Veda
Jun 2025Participated
$18 MOther Equity
Pixieray
Apr 2025Participated
$37 MSeries A
Luca
Aug 2026Participated
$8 MSeries A
Fora
Jul 2026Participated
$60 MSeries D
Davis
May 2026Led
$6 MSeed
Spinnable AI
Apr 2026Led
$2 MSeed
EGIDE
Mar 2026Led
$9 MSeed
Capalo AI
Feb 2026Led
$13 MSeries A
Frontera Labs
Dec 2025Participated
$3 MSeed
Isentroniq
Oct 2025Led
$9 MOther Equity
Zefir
Sep 2025Participated
$17 MOther Equity
Skynopy
Jun 2025Participated
$17 MOther Equity
Veda
Jun 2025Participated
$18 MOther Equity
Pixieray
Apr 2025Participated
$37 MSeries A
80
Items
...
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Insights

Time horizon

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Deal Distribution

Heartcore Capital: 80 funding rounds are recorded in the selected participation categories.All available history.
Heartcore Capital: 80 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed812
Series A215
Series B17
Series C+010
Other Equity322

Monthly Deal Activity

Heartcore Capital: 80 deals are recorded across 90 months.All available history.
Heartcore Capital: 80 deals are recorded across 90 months. All available history
MonthDeals
May '192
Jun '192
Jul '192
Aug '190
Sep '190
Oct '190
Nov '191
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '202
Jun '201
Jul '201
Aug '201
Sep '202
Oct '201
Nov '200
Dec '204
Jan '213
Feb '211
Mar '210
Apr '213
May '211
Jun '212
Jul '212
Aug '210
Sep '212
Oct '210
Nov '211
Dec '212
Jan '222
Feb '220
Mar '221
Apr '220
May '222
Jun '220
Jul '220
Aug '220
Sep '221
Oct '224
Nov '221
Dec '220
Jan '230
Feb '232
Mar '230
Apr '230
May '230
Jun '231
Jul '230
Aug '231
Sep '231
Oct '231
Nov '231
Dec '231
Jan '241
Feb '241
Mar '240
Apr '243
May '244
Jun '241
Jul '241
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '251
Apr '252
May '250
Jun '252
Jul '250
Aug '250
Sep '251
Oct '251
Nov '250
Dec '251
Jan '260
Feb '261
Mar '261
Apr '261
May '261
Jun '260
Jul '261
Aug '261
Sep '260
Oct '260

Sector Breakdown

Heartcore Capital: Enterprise Software is the largest displayed sector by deal count (18 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Heartcore Capital: Enterprise Software is the largest displayed sector by deal count (18 deals). All available history
SectorDeals
Enterprise Software18
Fintech16
AI & Machine Learning15
Health & Life Sciences13
Networks, Cloud & Communication12
Media & Entertainment11
Travel & Hospitality9
Consumer & Lifestyle9
Hardware & Robotics9
Space & Frontier Tech8
Transportation & Logistics7
E-Commerce & Retail6
Real Estate & Construction6
Professional Services6
Crypto & Blockchain5
Food & Agriculture5
Clean Energy & Sustainability4
Data, Analytics & IT3
Marketing & Advertising3
Manufacturing3
Gaming & eSports3
AR/VR2
Education & Workforce1
Social & Community Platforms1
Developer Tools1

Deal Size Distribution

Heartcore Capital: 80 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Heartcore Capital: 80 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M15
$5M-$10M18
$10M-$25M20
$25M-$50M15
$50M-$100M6
$100M-$250M5
$250M-$500M1
$500M-$1B0
$1B+0

Deals By Geography

Heartcore Capital: Europe has the largest recorded deal count among the displayed regions (64 deals).All available history.

Top 5 of 5 regions; European countries are grouped as Europe.

Heartcore Capital: Europe has the largest recorded deal count among the displayed regions (64 deals). All available history
RegionDeals
Europe64
United States12
Taiwan2
United Arab Emirates1
Mexico1
Heartcore Capital: 20 co-investors are shown, with Partech sharing 8 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Heartcore Capital: 20 co-investors are shown, with Partech sharing 8 recorded deals. All available history
Co-investorShared deals
Partech8
Headline6
e.ventures5
Balderton Capital4
Bpifrance4
EQT Ventures4
Eurazeo4
Kima Ventures4
Octopus Ventures4
Valar Ventures4
83North3
Avid Ventures3
Battery Ventures3
BGF3
Chr. Augustinus Fabrikker3
Creandum3
Felix Capital3
Highland Europe3
Khosla Ventures3
LocalGlobe3

Investment Strategy

Heartcore Capital: Led accounts for 18% and participating for 83% of round participation.All available history.
Heartcore Capital: Led accounts for 18% and participating for 83% of round participation. All available history
CategoryDeals (count)Share (%)
Led1418%
Participating6683%
Heartcore Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Heartcore Capital: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead750%
Co-led750%

Team

Christian Jepsen

Partner

Jimmy Fussing Nielsen

Partner & Co-founder

Levin Bunz

Partner

Max Niederhofer

Partner

Paulina Koschitz
Soren Tange

Finance Director

Yacine Ghalim

Partner

Yohan Pereira

Investor