Kurt Nielsen

Promoting a privacy-preserving data-driven economy

📍 Copenhagen, Capital Region, Denmark🔄 Updated September 2026💼 4 investments📅 18 years investing🗓 Last invested May 2018
Operator-angel🌍 Denmark
4
Total investments
4
Early stage
0
Mid stage
0
Late stage
18y
Years active

Portfolio

4 investments · sorted by recency
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Early stage
Mid stage
Late stage
CEO, Partner (Co-founder and investor)
May 2018
Privacy-preserving analytics with no single point of trust. Secata is a spin-out from Partisia and focuses on privacy-preserving statistics. The company is co-founded by world leading cryptographers, developers and entrepreneurs with decades of experience in delivering commercial grade software. The ability to make data-driven decisions is a necessity for any modern organization. However, the most valuable data are also the most sensitive, such as information about private preferences and previous decisions of individuals and companies. Depending on the concrete case a number of things are required to realize sustainable data-driven decisions. Secata offers end-to-end tailored secure data solutions that meet: a) Security: Unique security model with no single point of trust - Secure Multiparty Computation. b) Cloud Computing: With no single point of trust, the uptake of cloud computing does not rely on trust in the individual cloud provider. c) Data collaboration: Bringing data together across local storages and keeping encrypted at all time. d) Analytics: The statistical computations are done directly on encrypted data and only the result is revealed. Do not hesitate to reach out if you are curious about our solutions or have an idea for a collaboration.
Board Member (Co-founder and Investor)
Aug 2013
Sepior provides next generation key management technology that allows businesses to transact online with institutional-grade cryptocurrency wallets, private blockchains, and SaaS applications. Sepior is pioneering the industry transition to threshold cryptography, using multiparty computation (MPC) to address the need for data confidentiality, integrity, and availability of new and emerging online services. For cryptocurrency exchange providers and other institutional traders, Sepior solves the problem of securing the private keys associated with cryptocurrency stored in wallets, facilitating institutional-grade of wallet security for service providers and their customers. Sepior’s approach also dramatically reduces mining workloads and complexity of on-chain operations. For blockchain platform and app providers, Sepior solves the problem of enterprise-grade data confidentiality and privacy by enabling fine grained access control over who has access to specific information stored on the blockchain. Sepior enables this capability without the need for channels, and does so in a manner with dramatically improved simplicity and costs. For Cloud Service Providers (CSPs), Sepior solves the problem of providing end-users with a cost-effective option to subscribe to enterprise-grade encryption through key management as a service (KMaaS) running in the CSP’s cloud. Sepior enables CSPs to offer industry leading data encryption services, including support for BYOK, without the subscriber or the CSP having to take on the cost or operational complexity of procuring, managing, and scaling hardware security modules (HSMs).
Board Member (Co-founder)
Jul 2010
Energiauktion.dk is a joint venture between Norenergi and Partisia Market Design. The company designs and implements internet based auctions related to energy procurement in order to push and support competition and transparency in the retail markets. The entire procurement solution is based on Partisia's "Auction-as-a-Service"​ technology which is based on cost effective cloud computing without compromising security. So far, two auctions have been launched: Power Procurement which simplifies professional procurement of electricity. Energy Saving Auction which simplifies the auctioning of energy savings to energy companies who are obliged to support energy savings (as part of the Danish energy regulation). Power Procurement is an automated end-to-end electricity broker tailored for small and medium sized companies. The solution simplifies the procurement and bidding process as well as managing consumption data, auctions and resulting contracts for both buyers and sellers. Since spring 2014 the Datahub at energinet.dk (the Danish System Transmission Operator TSO) contains the required 12 months of historical electricity consumption for all power meters in Denmark. Energiauktion.dk take full use of this ideal data source and make it even simpler and faster to run professional electricity procurement. The Energy Saving Auction is an automated end-to-end broker tailored for trading energy savings in Denmark. The solution supports the registration of energy saving projects and bidding process as well as projects, auctions and resulting contracts for both buyers and sellers.
early stageOil and Gas
CEO, Partner (Co-founder and Investor)
Dec 2008
Digital infrastructure with no single point of trust. Partisia is a pioneer and a world-leader in commercial applications of Secure Multi-Party Computation (MPC). The company is co-founded by world leading cryptographers and Partisia has provided state-of-the-art security solutions based on MPC across industrial and financial solutions since 2008. Recently Partisia has worked on combining MPC with Blockchain technologies, aiming to set a new standard for digital infrastructures. The resulting infrastructure provides enhanced integrity, confidentiality, and transparency without the need to trust any single third party (sometimes referred to as “trustless”). Examples are financial trading with Tora and Caspian and data exchange with Insights.network. Partisia also establishes spin-out companies focusing on specialised application domains. Currently, this includes Key Management through Sepior (www.sepior.com) and privacy-preserving analytics through Secata (www.secata.com). Do not hesitate to reach out if you are curious about our solutions or have an idea for a collaboration.
Experience · 6 entries
All (6)
Founder (5)
2020
President (Co-founder)
Oct 2020
Partisia Blockchain is a Web 3.0 public blockchain built for trust, transparency, privacy and speed of light finalization. Partisia Blockchain is co-founded by world leading cryptographers, developers and entrepreneurs with extensive experience in delivering commercial-grade software based on distributed cryptography like blockchain and multiparty computation (MPC) in particular. Merging blockchain and MPC has long been recognized as a key challenge by the Partisia Blockchain team who have been working diligently to achieve this aim since the beginning of 2017. As a pioneer in the space, Partisia Blockchain was founded by Partisia, who have been selling commercial-grade MPC software solutions to global enterprises since 2008. Partisia Blockchain is a unique combination of a high performance blockchain that functions as a bedrock for efficient, scalable and robust orchestration of MPC. This combination of blockchain and MPC technologies provide an optimal foundation for native privacy-preserving applications. A core part of the infrastructure is the MPC based Oracle utilizing the co-founder Sepior’s MPC based key management solution. In combination with staking, the MPC Oracle plays a key role in seamless transfer of crypto assets across blockchains. This enables the use of any liquid coin as means of payment on the Partisia Blockchain and as reward to node operators. It also plays a core role in cross chain orchestrated value transfer across blockchains initially tested by the co-founder Insights Network. Partisia Blockchain project is managed and launched by the independent Swiss Foundation - Partisia Blockchain Foundation - supervised by Swiss regulators. The Partisia Blockchain Foundation issues a MPC Token for staking and node operation only as the infrastructure is coin agnostic and driven by existing liquid coins.
2018
CEO, Partner (Co-founder and investor)
May 2018
Privacy-preserving analytics with no single point of trust. Secata is a spin-out from Partisia and focuses on privacy-preserving statistics. The company is co-founded by world leading cryptographers, developers and entrepreneurs with decades of experience in delivering commercial grade software. The ability to make data-driven decisions is a necessity for any modern organization. However, the most valuable data are also the most sensitive, such as information about private preferences and previous decisions of individuals and companies. Depending on the concrete case a number of things are required to realize sustainable data-driven decisions. Secata offers end-to-end tailored secure data solutions that meet: a) Security: Unique security model with no single point of trust - Secure Multiparty Computation. b) Cloud Computing: With no single point of trust, the uptake of cloud computing does not rely on trust in the individual cloud provider. c) Data collaboration: Bringing data together across local storages and keeping encrypted at all time. d) Analytics: The statistical computations are done directly on encrypted data and only the result is revealed. Do not hesitate to reach out if you are curious about our solutions or have an idea for a collaboration.
2013
Board Member (Co-founder and Investor)
Aug 2013
Sepior provides next generation key management technology that allows businesses to transact online with institutional-grade cryptocurrency wallets, private blockchains, and SaaS applications. Sepior is pioneering the industry transition to threshold cryptography, using multiparty computation (MPC) to address the need for data confidentiality, integrity, and availability of new and emerging online services. For cryptocurrency exchange providers and other institutional traders, Sepior solves the problem of securing the private keys associated with cryptocurrency stored in wallets, facilitating institutional-grade of wallet security for service providers and their customers. Sepior’s approach also dramatically reduces mining workloads and complexity of on-chain operations. For blockchain platform and app providers, Sepior solves the problem of enterprise-grade data confidentiality and privacy by enabling fine grained access control over who has access to specific information stored on the blockchain. Sepior enables this capability without the need for channels, and does so in a manner with dramatically improved simplicity and costs. For Cloud Service Providers (CSPs), Sepior solves the problem of providing end-users with a cost-effective option to subscribe to enterprise-grade encryption through key management as a service (KMaaS) running in the CSP’s cloud. Sepior enables CSPs to offer industry leading data encryption services, including support for BYOK, without the subscriber or the CSP having to take on the cost or operational complexity of procuring, managing, and scaling hardware security modules (HSMs).
2010
Board Member (Co-founder)
Jul 2010
Energiauktion.dk is a joint venture between Norenergi and Partisia Market Design. The company designs and implements internet based auctions related to energy procurement in order to push and support competition and transparency in the retail markets. The entire procurement solution is based on Partisia's "Auction-as-a-Service"​ technology which is based on cost effective cloud computing without compromising security. So far, two auctions have been launched: Power Procurement which simplifies professional procurement of electricity. Energy Saving Auction which simplifies the auctioning of energy savings to energy companies who are obliged to support energy savings (as part of the Danish energy regulation). Power Procurement is an automated end-to-end electricity broker tailored for small and medium sized companies. The solution simplifies the procurement and bidding process as well as managing consumption data, auctions and resulting contracts for both buyers and sellers. Since spring 2014 the Datahub at energinet.dk (the Danish System Transmission Operator TSO) contains the required 12 months of historical electricity consumption for all power meters in Denmark. Energiauktion.dk take full use of this ideal data source and make it even simpler and faster to run professional electricity procurement. The Energy Saving Auction is an automated end-to-end broker tailored for trading energy savings in Denmark. The solution supports the registration of energy saving projects and bidding process as well as projects, auctions and resulting contracts for both buyers and sellers.
early stageOil and Gas
2008
CEO, Partner (Co-founder and Investor)
Dec 2008
Digital infrastructure with no single point of trust. Partisia is a pioneer and a world-leader in commercial applications of Secure Multi-Party Computation (MPC). The company is co-founded by world leading cryptographers and Partisia has provided state-of-the-art security solutions based on MPC across industrial and financial solutions since 2008. Recently Partisia has worked on combining MPC with Blockchain technologies, aiming to set a new standard for digital infrastructures. The resulting infrastructure provides enhanced integrity, confidentiality, and transparency without the need to trust any single third party (sometimes referred to as “trustless”). Examples are financial trading with Tora and Caspian and data exchange with Insights.network. Partisia also establishes spin-out companies focusing on specialised application domains. Currently, this includes Key Management through Sepior (www.sepior.com) and privacy-preserving analytics through Secata (www.secata.com). Do not hesitate to reach out if you are curious about our solutions or have an idea for a collaboration.
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Investment activity
2008–2018 · 4 investments
20081201012013120181
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