Multi-stage VC, Copenhagen + Berlin

Heartcore Capital

Venture capital firm · Copenhagen · Founded 2007

Quick read

Heartcore Capital is an early-stage VC founded in 2007, headquartered in Copenhagen with offices in Stockholm, Berlin, and Paris. It backs European founders across B2B, B2C, and deep tech, writing cheques from €300k to €6m and averaging around €2m per deal. Portfolio highlights include Tink, TravelPerk, GetYourGuide, and Peakon — the last acquired by Workday for $700M in 2021.

Key facts

Founded
2007
Founders
Jimmy Fussing Nielsen
Employees
37
Sectors
consumer, saas, crypto, generalist
Website
www.heartcore.com/

Investment thesis

Heartcore backs early-stage European technology founders from inception across B2B SaaS, consumer, and deep tech, writing initial cheques of €300k–€6m. A parallel Web3 fund targets crypto protocols and application-layer tokens. The firm describes its approach as a deep partnership with founders, championing 'Little Tech' — companies re-enchanting the world through technology rather than scale-for-scale's-sake.

Recent activity

  • Apr 2025investment
    Co-led or participated in IXI's $36.5M Series A round alongside Plural, Tesi, and others. tracxn.com
  • Apr 2025investment
    Participated in Fora's $40M Series C alongside Insight Partners and Forerunner Ventures. tracxn.com
  • Dec 2024fundraise
    Closed €170M Fund V to back early-stage technology founders across Europe, with initial investments in LLM compute infrastructure (France), database software (Poland), carbon capture software (Germany), and consumer travel (UK); targeting 25–30 investments. linkedin.com
  • Dec 2023fundraise
    Heartcore closes $180M in new funds (Fund V plus an opportunities fund), bringing total capital raised to $250M; opportunities fund targets follow-on investments in breakout portfolio companies. sifted.eu
  • Dec 2023fundraise
    Announced first close of Heartcore Capital Web3 I, a €20M crypto-native fund focused on protocols and their native tokens at the application layer, with €15M already committed at initial close. x.com

Notable investments

Key people

Named individuals at the firm. We don't expose direct email or phone — use their LinkedIn for outreach.

  • Jimmy Fussing Nielsen · Partner & Co-founder
    LinkedIn
  • Christian Jepsen · Partner
    LinkedIn
  • Yacine Ghalim · Partner
  • Max Niederhofer · Partner
  • Levin Bunz · Partner
  • Michael Baczyk · Investment Advisor
    LinkedIn
  • Tomas Fanta · Venture Investor
    LinkedIn
  • Ben Brouwer · Partner
  • Antoine Nussenbaum · Partner

Sources

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Frequently asked

What is Heartcore Capital?+

Heartcore Capital is an early-stage VC founded in 2007, headquartered in Copenhagen with offices in Stockholm, Berlin, and Paris. It backs European founders across B2B, B2C, and deep tech, writing cheques from €300k to €6m and averaging around €2m per deal.

Where is Heartcore Capital headquartered?+

Heartcore Capital is headquartered in Copenhagen, Denmark.

When was Heartcore Capital founded?+

Heartcore Capital was founded in 2007 by Jimmy Fussing Nielsen.

What sectors does Heartcore Capital invest in?+

Heartcore Capital focuses on consumer, saas, crypto, generalist. They primarily invest in these sectors.

How do I prepare for a meeting with Heartcore Capital?+

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Generated by briefthecall.com from public web sources on May 27, 2026. Each claim is linked to its source above.