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Novo Nordisk Foundation Startup Programs & Corporate Open Innovation Analysis Healthtech · Biotechnology

The Novo Nordisk Foundation is an independent Danish foundation with corporate interests. The objective of the Novo Nordisk Foundation is twofold: To provide a stable basis for the commercia
novonordiskfonden.dk Hellerup, Denmark Founded Available with StartupBlink Pro

In StartupBlink's Corporate Startup Activity Index, Novo Nordisk Foundation ranks #73 globally and #2 in Denmark. It ranks #8 in the Healthtech industry and #7 in the Biotechnology subindustry.

Global
Corporate Startup Activity Index
#73
Industry
Healthtech
#8
Subindustry
Biotechnology
#7
National · Denmark
Corporate Startup Activity Index
#2
More Ranked Corporates
Key metrics

Novo Nordisk Foundation Startup Activity Metrics

Novo Nordisk Foundation has supported 55 startups through programs and investments, with those companies raising a combined $2.5 billion over the last ten years. The company currently operates 0 active startup programs.

Overview

Explore Novo Nordisk Foundation's investments, startup programs, and corporate open innovation activity

Novo Nordisk Foundation has deployed more than $1.2 billion in startup investments through Novo Ventures and partnership programs, strengthening its position as one of the leading innovation-driven corporations globally.

The company currently runs 0 active startup programs supporting 55 startups worldwide across industries such as Healthtech, and Social & Leisure. Its venture arm Novo Ventures has invested in over 55 startups since it was founded in 1995.

The corporate-innovation activity is concentrated in Healthtech, and Social & Leisure, categories where Novo Nordisk Foundation's scale provides outsized leverage to early-stage startups.

Activity breakdown

Where Novo Nordisk Foundation-associated startups operate

Sector, HQ-city and program-location breakdowns for the startups associated with Novo Nordisk Foundation. Unlock the full breakdown with StartupBlink Pro.

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Sector, HQ-city, and program-location breakdowns for all 55 startups associated with Novo Nordisk Foundation are part of StartupBlink Pro.

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Programs & CVC

Novo Nordisk Foundation Startup Programs and Corporate Venture Capital initiatives

Novo Nordisk Foundation engages startups through 0 active programs, supporting 55 startups in total based on our database.

NV
Novo Ventures
Corporate Venture / Investment · est. 1995
Investment Program
Novo A/S is a Danish private limited liability company wholly owned by the Novo Nordisk Foundation, and the holding company of the Novo Group and as such the majority shareholder in the publi
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List of Startups

Top startups associated with Novo Nordisk Foundation

Novo Nordisk Foundation's top 5 associated startups have raised 55% of the $2.5 billion raised in the last ten years across all 55 associated startups, led by Amolyt Pharma at $511 million. Novo Nordisk Foundation is associated with 50 active startups and 5 exits. Novo Ventures supports the largest number of startups, with 55 associated startups.

Disclaimer: This is based on general open web search and prone to mistakes.

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Startups associated with Novo Nordisk Foundation
StartupSB ScoreIndustryHQ cityLink Type to CorporationLinked via
Reneo PharmaceuticalsReneo PharmaceuticalsSB 490HealthtechSan DiegoProgram InvestmentNovo Ventures
NevroNevroSB 485HealthtechMenlo ParkProgram InvestmentNovo Ventures
ArcellxArcellxSB 475HealthtechGaithersburgProgram InvestmentNovo Ventures
Showing 3 of 55 startupsExport to CSV →Pro

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Corporate Startup Activity Index · 2025

Global Corporate Open Innovation Rankings

Explore the top 372 corporations in StartupBlink's Corporate Startup Activity Index. Novo Nordisk Foundation ranks #73 globally and #2 in Denmark. It accounts for 6.1% of the measured corporate startup activity in the Healthtech industry and 45.5% of the activity generated by corporations in Denmark. Unlock more granular data on each corporation with StartupBlink Pro.

Download the 2025 Report