Blog

PSV.xyzSimply.com customer – (Denmark)

Investment firms dedicated to advancing cutting-edge technologies use .xyz domains to showcase their forward-thinking initiatives and global impact. San Francisco-based investment firm Dragonfly.xyz backs teams building products in crypto across sectors and stages. VC firm QBITCapital.xyz focuses on driving innovation in Swiss startups. Investment firm BoxOne.xyz supports entrepreneurs aimed at making a positive difference in the world. In this week’s #WebsiteWednesday, we’ll introduce you to a Denmark-based venture capital firm driving innovation and supporting impactful ventures: PSV.xyz.

PSV.xyz: A venture house shaping a conscious future

PSV.xyz is the online home of PSV, a venture capital firm headquartered in Denmark, focused on supporting founders and building companies that aim to shape a conscious future. As a venture house, PSV operates with a mission to clear the path for entrepreneurs creating impactful businesses. The firm’s hybrid structure includes PSV Foundry, PSV Lab, and two venture funds: PSV Tech and PSV Hafnium. This setup helps PSV adopt flexible and innovative approaches to venture investing, extending its impact beyond individual firms or investments.

PSV operates through a unique hybrid framework designed to maximize its reach and adaptability. PSV Foundry focuses on an evergreen investment strategy, reinvesting returns into underserved markets and pioneering new initiatives through grants and partnerships. PSV Lab serves as an incubator for new ideas and projects, leveraging PSV’s resources and expertise. The firm’s two funds, PSV Tech and PSV Hafnium, concentrate on specific sectors. PSV Tech supports early-stage, software-driven companies, guiding them from initial proof to scalable business models. PSV Hafnium is dedicated to deep tech investments, prioritizing innovations that address societal challenges and enhance human and planetary welfare.

Legacy of innovation and impact

PSV Foundry was originally established as a state-funded venture arm in the early 2000s, spun out from DTU – The Technical University of Denmark. For nearly two decades, it operated as a pre-seed stage investor, providing early support to hundreds of startups, including Trustpilot, a global platform that hosts reviews of businesses, empowering consumers to make informed decisions. These investments not only gave these companies a solid foundation for growth but also returned more than 500 million DKK to Danish society.

Since 2020, PSV has managed, developed, and exited its legacy portfolio, leading over 100 exits with a focus on achieving the best possible outcomes for both founders and the Danish public. This experience has honed PSV’s ability to position and mature companies for exits, strengthening the fund value creation it now offers to fund managers. The financial foundation built during this period continues to enable PSV to circulate long-term capital into the ecosystem today.

Innovative companies backed by PSV

PSV’s portfolio features a range of companies that reflect its focus on innovation and impact. Some examples include:

  • Yaak: A platform providing workflows, tools, and open-source models for robotic teams building spatial intelligence with large-scale datasets.
  • Viio: A solution helping companies in any industry to succeed as SaaS-powered workplaces.
  • Raffle AI: An AI-powered tool designed to enhance customer service seamlessly.

These companies illustrate PSV’s commitment to supporting ventures that address diverse market needs.

Meet CEO Christel Piron

Christel Piron is the CEO of PSV Foundry, overseeing the firm’s efforts to support early-stage companies through their initial stages of growth and funding. Her career has focused on innovation, strategic business development, and venture capital. Previously, she was the CEO of Pharmavie, a venture capital company in the life sciences sector, where she led initiatives to develop, acquire, and exit several businesses in Scandinavia. Following this role, she directed PwC’s Strategic Development department, implementing strategies and development tools for over 30 companies facing challenges such as digital transformation. Christel also has experience on more than 25 boards in Denmark, Norway, and Sweden, with a particular focus on guiding companies through transitions from private ownership to venture capital backing.

PSV.xyz: A domain reflecting innovation and progress

PSV’s choice of .xyz for their website, PSV.xyz, suggests an alignment with their innovative and forward-thinking approach. The .xyz domain aligns with PSV’s mission to challenge traditional methods and support ventures that drive progress across various industries. Its simplicity and modern appeal make it a fitting choice for a venture capital firm that emphasizes adaptability and collaboration across diverse ecosystems. You can learn more by following the firm on LinkedIn and by visiting PSV.xyz.

XYZ is proud to share about the many incredible members that make up the XYZ community! We encourage you to do your own research before using the products and services of the websites we feature. The information about products and services contained in this blog post does not constitute endorsement or recommendation by XYZ.

« City builder SerumCity.xyz, by game studio NovelLabs.xyz, brings web3 storytelling to the Yugaverse