Ten years ago the Danish robot company, Universal Robots, had a CEO named, Enrico Krog Iversen. At that time, interest from foreign venture funds were not common place in Odense as investments were first possible after robot companies had a positive cashflow and had proved their potential in the market. Enrico Krog Iversen, one of the robot cluster’s most experienced entrepreneur says, that today the venturefunds have changed their business models because of the robot startups in Odense.

Investment funds have come to understand that if they don’t invest early on, they won’t be successful in the industry.

“The entire...