Ugly Duckling Ventures

Ugly Duckling Ventures is a venture capital firm providing capital, strategic know-how, and practical application to early-stage Nordic B2B software and technology companies. It targets businesses with proven revenue traction and scale potential, investing in Medtech, Resilience Tech, and Business Services software, actively preparing ventures for accelerated growth.

Co-founded in 2021 by Andreas Green Rasmussen, Louise Lachmann, and Rune Hven-Jensen, the firm leverages their backgrounds as successful founders and business angels. This transition into venture capital stemmed from an insight that operational experience and active engagement accelerate early-stage company development. Each partner brings a strong history of building and scaling technology ventures.

Ugly Duckling Ventures supports Nordic B2B software and tech startups by delivering value beyond capital, offering strategic guidance, mentorship, and network access. Its vision centers on nurturing early-stage businesses into durable, category-leading enterprises. The firm maintains long-term, hands-on partnerships, ensuring founders receive experienced support for market leadership.