SoundInvest Fund I first close (2023)

funding round·funding round·closed

SoundInvest Fund I completed a first close in 2023; the exact first-close amount was not disclosed and final close was still pending in October 2024.

Verified facts

Official site	https://faerchfonden.dk/fem-vaerdifulde-erfaringer-fra-sound-hub-denmarks-accelerator-program-2024/ ↗
Geography	Denmark
amount	currency: DKK · qualifier: not_exactly_disclosed · disclosure state: not_publicly_disclosed
round type	venture_fund_first_close
fund target	value: 22000000 · currency: DKK · qualifier: target · disclosure state: announced_target
closing date	2023
source class	investor
grant provider	unknown
lead investors	unknown
source classes	investor
round structure	The first close secured about two-thirds of the DKK22m fund target; final close remained open in October 2024.
converted amount	unknown
reported amounts	unknown
announcement date	2023
transaction state	first_close_completed_final_close_pending
cumulative funding	unknown
strategic investor	unknown
funded organization	name: SoundInvest Fund I · research key: org_soundinvest_fund_i
first close progress	approximately two-thirds of target
post money valuation	unknown
participating investors	name: Vald. Birn Holding · research key: org_vald_birn_holding; name: Færchfonden · research key: org_faerchfonden; name: Kim Rishøj Holding · research key: org_kim_rishoj_holding; name: MIROBO Holding · research key: org_mirobo_holding
disclosed use of proceeds	Invest in SoundTech Accelerator participants and other sound-technology startups.