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IFU (Denmark)

Investment Fund for Developing Countries (Denmark)

About this opportunity

A Western state fund actively co-investing into Ukraine — patient capital that de-risks scaling with a Danish/EU partner.

IFU, the Investment Fund for Developing Countries, is Denmark's state-owned development finance institution, which co-invests equity and loans alongside private companies in emerging markets and maintains an office in Kyiv. It operates a dedicated Ukraine window that puts capital into ventures building or scaling operations inside the country. Support comes as co-investment through a partnership, making it patient capital that de-risks expansion rather than a non-dilutive grant.

Eligibility

Via partner / consortium

Danish state investment fund with a dedicated Ukraine window co-investing with companies operating in Ukraine. Equity/co-investment via a partnership.

Dual-useLogisticsEnergetics / productionMaterials / armor

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Aggregated from open, public sources and collected here for Ukrainian defense & dual-use companies. Details can change — confirm the current terms on the program's own page.

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