Copenhagen-based startup Eupry, a leader in temperature monitoring solutions, has announced the successful completion of its €23 million ($24 million) A-round funding. The round was led by Chr. Augustinus Fabrikker, a prominent Danish investment company, with continued support from existing investors Ugly Duckling Ventures, the Export and Investment Fund of Denmark, and the Sagitta Family Office.
Revolutionizing Temperature Compliance
Eupry’s mission is to simplify and streamline temperature compliance processes for industries such as pharmaceuticals, biotech, and logistics. The company offers an ISO-accredited, GxP-compliant solution that integrates temperature and humidity monitoring, mapping, and calibration into one cohesive system. This holistic approach eliminates the gaps and inefficiencies often associated with traditional compliance methods.
From University Project to Industry Leader
Founded by a group of students from the Technical University of Denmark (DTU), Eupry has grown from an ambitious idea into a company making significant strides in the temperature monitoring sector. The funding will accelerate product development and strengthen Eupry’s position in the global market, particularly in the United States, where the company opened its first office in 2023.
“After nearly two years as the company’s Chairman of the Board, I could not be more proud of this preliminary highlight for Eupry. It has been a fantastic joint effort, and we look forward to creating the next big Danish life science-related success with a strong co-investor in Chr. Augustinus Fabrikker.”
says Andreas Green Rasmussen, Ugly Duckling Ventures co-founder and chairman of the board at Eupry.
Supporting Global Expansion
The €23 million investment will enable Eupry to refine its product offerings and expand its footprint. The company aims to provide advanced temperature monitoring solutions that meet the growing demand for precise and reliable environmental data in industries such as pharmaceuticals, healthcare, and food logistics.
“I want to express our deepest gratitude to Chr. Augustinus Fabrikker, Ugly Duckling Ventures, Sagitta, and EIFO, thank you for supporting us. Their belief in our mission and commitment to our success is invaluable. As we embark on this new chapter, I am more confident than ever in our ability to lead the transformation in temperature compliance. The future holds incredible opportunities, and with our robust solutions and strong support from our investors, Eupry is well-positioned to seize them.”
says Christian Jacobsen, CEO and co-founder of Eupry
says Christian
