Our investment thesis

We back exceptional founders early and support them for the long term. As an evergreen fund, we invest from pre-seed through Series B and help ambitious companies grow over time.

Our verticals

Food

Feeding the world sustainably.

Health

Healthy across longer life-spans.

Defence

Tackling geopolitical uncertainty.

Energy

De-fossilising the global economy.

Our backers

Delphinus Venture Capital is a EUR 80m evergreen fund launched in 2025. We are backed by four strong LPs: Aarhus University Research Foundation, Salling Group, Norlys and Heartland. Together, we aim to help build globally competitive companies grounded in science and innovation.