Morten Lund is an angel investor with over 80 companies in his portfolio and has founded or co-invested in more than 100 high-tech start-ups in the last 15 years.
About Morten Lund
Morten Lund is a European entrepreneur and a venture capitalist. As an angel investor, he mainly focuses on early-stage businesses, providing them with the necessary resources to make a “head start”. Lund has founded or co-invested in more than 100 high-tech start-ups in the last 15 years and has been described as an ‘archangel investor’ and a start-up ‘ideologist’. Lund’s portfolio contains a special WILD (Worldwide Investments and Involvement in Life Development) category, investing in water purification, marine energy systems, landmine detection and solutions to hunger and obesity.
Morten Lund attended Odense University where he studied economics, before leaving to concentrate on his business. In 1996, Lund, together with a friend, founded Neo Ideo, a digital web consultancy and it very quickly became one of Denmark’s top three agencies. In 1999, Neo Ideo was sold to Leo Burnett, giving Lund millionaire status. Lund co-founded the social networking and mobile backup site, ZYB in 2005, which was sold three years later to Vodafone. In 2006, he co-founded the Danish daily newspaper Nyhedsavisen, which eventually lead to him declaring bankruptcy in January 2009 and in April 2010 he announced he was out of bankruptcy. The same year he became the Chief Visionary Officer in Tradeshift, an e-invoicing company.
Denmark investor Morten Lund was born in Rosklide and grew up in Jersie. He is currently based in Copenhagen, where he lives with partner and four children. He is one of the most active seed investors in Europe and with a net worth of approximately $1.5 M, he is one of the richest and most popular European entrepreneurs.
Lund’s investment portfolio features over 80 companies spanning the internet, telecoms, health and alternative energy. He has started three funds, encompassing Chinese property, Indian technology ventures and a private equity vehicle for Middle Eastern green technology. Lund’s first major investment firm was the start-up catalyst LundXY. He was an early angel investor in Skype, which was eventually bought by eBay in 2005 for $2.6 billion and has also invested in United Mobile, Zecco, Traceworks, Glaxstar, Sharewall, Itembase Holdings and Tradeshift. Under the WILD category in his portfolio are investments in AquaDania, iJoule and Aresa A/S.
Morten Lund in the News
The Danish website Finans published an article in June 2022 about Lund’s large-scale construction project for an eco-village, Elleville. Situated in Vejby, north of Copenhagen, Lund’s dream was to build a community focussed on sustainability, where people live simply, grow their own food and cook together. The article covered trials and tribulations since the project began in 2016, reporting that more than 1000 potential occupiers are paying to be on the waiting list for a place in the village. The company is now undergoing reconstruction, but Lund remains positive, with hopes for the project to spread to exotic places where he already has negotiated land contracts in place. On the Elleville website itself, Lund says that his mission is to create affordable, beautiful CO2-neutral homes