
BlackWood Ventures
Financial History
Leadership Team
Key people at BlackWood Ventures.

Key people at BlackWood Ventures.
BlackWood Ventures is a Copenhagen-based early-stage venture capital firm founded in 2023, focused on investing in European startups primarily in fintech, cleantech, and Web3 sectors. The firm combines a network-driven and technology-enabled approach, leveraging artificial intelligence alongside a broad angel investor network to identify and support pre-seed and seed-stage founders building scalable technology businesses. BlackWood aims to back visionary entrepreneurs across Europe, providing not only capital but also operational support and strategic connections to accelerate growth and institutional adoption of emerging technologies[1][3][4].
The firm was established by experienced financiers and entrepreneurs, including CEO Bastian Larsen and partners Aleksandar Grgic, Henrik Rossing, and Jakob Kjelgaard, who bring deep venture capital and entrepreneurial expertise. BlackWood’s origin stems from a desire to democratize access to venture capital by blending traditional VC investing with angel co-investment opportunities and data-driven deal sourcing. Since its launch, BlackWood has rapidly built a pan-European portfolio spanning nine countries, with a debut fund closing at over $25 million in July 2025 and plans to invest in about 30 startups[1][3][5].
BlackWood Ventures rides the wave of increasing European startup innovation in fintech, cleantech, and Web3, sectors poised for growth due to regulatory shifts, sustainability demands, and digital transformation. The timing is favorable as European ecosystems mature and investors seek early access to foundational technology companies. By combining AI-driven sourcing with a strong angel network, BlackWood enhances deal discovery and supports startups through critical early stages, influencing the broader ecosystem by catalyzing cross-border collaboration and institutional adoption of emerging technologies[1][3][4].
Looking ahead, BlackWood Ventures is positioned to expand its portfolio and deepen its impact on the European startup ecosystem by continuing to leverage technology and network effects. Trends such as the rise of Web3 applications, green technology innovation, and fintech disruption will shape its investment focus. The firm’s hybrid model and pan-European approach may set a new standard for early-stage investing in Europe, potentially increasing its influence as a bridge between angel investors, institutional capital, and visionary founders[1][3][4]. This evolution ties back to BlackWood’s founding mission to optimize capital access and generate attractive risk-adjusted returns by empowering bold entrepreneurs across Europe.
Key people at BlackWood Ventures.