Skip to content

About us

ITU Business Development is a private limited company owned 100% by the IT University in Copenhagen, Denmark, focused on the commercialisation of new knowledge and technology.

TECHNOLOGY TRANSFER OFFICE

A better way to commercialise research

The company was established in September 2014 in accordance with the Tech-Transfer Law for publicly funded institutions.

Our mission is, with a commercial aim and following market conditions, to manage activities in connection with technology transfer.

These activities include but are not limited to:

  1. Identification
  2. Assessment
  3. Protection
  4. Marketing
  5. Transfer

of new knowledge that can be used in a commercial setting.

Currently we manage most technology transfer activities on behalf of the IT University and through our activities we proactively work to identify new and promising inventions which ITU Business Development may support and protect through direct investments.

Adam Hillestrøm

Meet our CEO

Adam Hillestrøm

Adam is an experienced operator, with a highly specialised background in both business administration and strategic management. Besides working with IP Portfolio management and technology transfer processes at ITU Business Development, Adam is the Chairman of Flow Robotics A/S, a very promising robotics company and ITU spinout.

INVESTMENTS

A launchpad for development & growth

ITU Business Development can acquire shares in other companies and fund subsidiary companies with the sole purpose of maturing an invention while protecting the IP rights (IPR).

As we are a separate legal entity from the IT University this allows us to promote the transfer of knowledge and technologies from public research to industry and at the same time limit the economical risks to the capital investment of founding ITU Business Development.

We can invest in both development companies (modningsselskaber) and university spin-offs in which the university still retain the rights to company IPR (through licensing agreements) or owns equity.

Board of Directors

Georg Dam Steffensen

Georg is currently the University Director at ITU and prior head of Finance and HR. He is the executive chairman of the board for continuous education for university employees and head of the board for Danish University HR Managers

Georg D. Steffensen

Member of the board, ITU Universitetsdirektør

Ulrik Jensen

Ulrik is currently the executive chairman of iMotions A/S and also the chairman and co-founder of WriteReader. He invests in technology through UJ Holding which provides capital and hands-on operational assistance to new companies. Ulrik has a degree from Stanford University, California.

Ulrik Jensen

Chairman, Investor

Georg Dam Steffensen

Malene is as an attorney & partner from the Scandinavian law firm NJORD. Malene advises start-ups and spin-offs on IP protection and rights. In addition, Malene has in-house experience from an international industrial firm which provides her with a broad skillset to consistently deliver and the ability to act.

Malene Fagerberg

Member of the board, Partner - Deloitte Denmark

© ITU Business Development A/S — Address: Rued Langgaardsvej 7, 2300 København S, Denmark, CVR ​36446358.