Lars Neupart

Pre-seed investor & cybersecurity entrepreneur | 40+ investments since 2017 | Active member of DanBAN


About me

Before turning early stage investor, I founded and built two cyber security companies. A successful exit from one of them initially allowed me to become an angel investor. I'm working on my next start-up.

Since 2017, I have screened hundreds of startups and made 40+ pre-seed investments, including those made as an active board member of the DanBAN co-investment fund. I have a strong preference for B2B SaaS companies in Denmark.

I can take active roles: informal mentoring, board positions, and interim assignments or projects. For Danish startups, I can take the lead investor role when the opportunity aligns with my focus areas.

Current Activities

DanBAN Board Member

Active board member of DanBAN (Danish Business Angel Network), contributing to the strategic direction of Denmark's leading angel network.

DanBAN Co-investment Fund I

Board member of the co-investment fund, participating in syndicated deals and due diligence processes with fellow angel investors.

Innofounder Business Mentor

Business mentor at Second Foundation, guiding entrepreneurs in building scalable businesses and navigating early-stage challenges.

Digital Sovereignty Project

Currently involved in a stealth project within Digital Sovereignty and AI Safety, working on initiatives that strengthen technological independence and security.

Investment Focus

Cyber and B2B SaaS Focus

Strong preference for cybersecurity and B2B SaaS companies, particularly those based in Denmark with scalable business models.

Cybersecurity Expertise

Deep domain knowledge from founding and building two cybersecurity companies with successful exit experience.

Pre-Seed Specialist

40+ pre-seed investments since 2017, with active involvement through DanBAN co-investment fund.

Investment Portfolio & Track Record

Since 2017, I've screened hundreds of startups and made 40+ pre-seed investments. Currently almost fully invested - likely making only one early stage investment within the next year. The question is: which startup will it be?

My portfolio demonstrates the full spectrum of early-stage investing: successful exits, growing companies, and valuable learning experiences from losses - all part of building expertise in the angel investment space.

Current Portfolio

Melatech ↗

(Healthcare Technology)

Healthcare technology company developing software solutions for primary care providers. AI-powered diagnostic tools built by clinicians, for clinicians.

Current Portfolio

Knowledge Gate Group ↗

(LifeTech SaaS)

AI-powered platform connecting life science organizations to scientific opinion leaders and experts. B2B SaaS serving pharma and biotech companies.

Current Portfolio

Soundboks ↗

(Consumer Electronics)

Danish hardware startup creating the world's loudest battery-powered speakers. Y Combinator alumni with 50,000+ speakers sold globally.

Current Portfolio

The Syrup Company (BITE) ↗

(Food & Beverage)

Organic beverage syrup company creating non-alcoholic cocktail ingredients. Serving top Danish restaurants and expanding internationally.

Current Portfolio

PII Guard ↗

(Privacy/Security Tech)

Privacy protection technology using Type-Preserving Encryption to protect personally identifiable information while maintaining data utility.

Current Portfolio
F

Forgotten Anne / Forgotlings ↗

(Gaming/Entertainment)

Game studio behind the critically acclaimed hand-animated adventure game published by Square Enix Collective.

Fund Investments

Indirect Ownership

Large portfolio through DanBAN Co-investment Fund, Nordic Secondary Fund and Nykredit EQT Fund

Successful Exits

Eupry ↗

(Compliance Tech)

Temperature monitoring SaaS for regulated industries (pharma, biotech). Raised €24M Series A in 2025.

Successful Exits
T

Trapmine

(Cybersecurity)

Cybersecurity company with signature-less zero-day prevention technology. Acquired by SonicWALL in 2023.

Successful Exits
N

NorthGRC

(GRC/Compliance)

Governance, risk and compliance solutions.

Successful Exits

Mdundo ↗

(Music Tech)

African music streaming and download platform. Went public on Nasdaq First North Denmark in 2020, raising $6.4M.

Learning Experience

Full/Partial Losses

Likvido (Fintech), MeetinVR (VR/AR), IR Squad (Gaming Tech), Kompis Groups (Health Tech), Hive.id (Identity Manag), Linkaiders (Hardware), SkyGarden (E-commerce), MePloy (HR Tech), Dately (B2C Webshop), WeAreDavid (Privacy Protection) - valuable lessons in early-stage investing across diverse industries

Get In Touch

For founders seeking investment: Please read my full background and investment focus before connecting with fundraising purposes. Always happy to share experiences and help if I can. I bring both capital and hands-on experience from building and exiting cybersecurity companies.

I can provide informal mentoring, board positions, and interim assignments. For Danish cyber startups with strong B2B SaaS models a, I'm particularly interested and can take lead investor roles. I'm close to fully invested so will only do approximately one new investment per year.

LinkedIn

Connect with Lars Neupart

Location

Copenhagen, Denmark

Investment stage and ticket size

Pre-seed, typical ticket size €25k->30k