Torben Majgaard
About Torben Majgaard
Torben Majgaard is the Founder and Chief Executive Officer of Ciklum, a role he has held since 2002. With over 30 years of experience in the IT industry, he has a strong focus on Eastern Europe and invests in technology companies in Scandinavia and Eastern Europe.
Work at Ciklum
Torben Majgaard has served as the Founder and Chief Executive Officer of Ciklum since its inception in 2002. Under his leadership, Ciklum has established itself as a prominent technology company based in Kyiv, Ukraine. The company specializes in software development and IT services, catering to a diverse range of clients across various industries. With over two decades of experience at Ciklum, Majgaard has played a crucial role in shaping the company's strategic direction and growth.
Education and Expertise
Torben Majgaard studied at Herning Handelsskole from 1988 to 1989, where he gained foundational knowledge in business and commerce. His educational background complements his extensive experience in the IT industry, which spans over 30 years. Majgaard's expertise includes a significant focus on the Eastern European market, where he has developed a deep understanding of the technology landscape and investment opportunities.
Background
Before founding Ciklum, Torben Majgaard held several entrepreneurial roles. He founded Vic in Greece, where he served as Chief Executive Officer from 1996 to 2001. He then established Touchlink Mobile in Denmark, operating from 2003 to 2008. Following this, he founded Adquota, which he led from 2010 to 2015. These ventures contributed to his strong entrepreneurial background and provided him with valuable insights into the technology sector.
Achievements
Torben Majgaard founded the Brain Basket Foundation, a collaborative initiative with the Ukrainian government aimed at advancing the IT sector in Ukraine. Additionally, he has been an Investment Partner at Profounders Capital since 2009, where he focuses on investing in technology companies primarily located in Scandinavia and Eastern Europe. His digital venture capital fund targets investment rounds ranging from £500,000 to £1.5 million, reflecting his commitment to supporting European startups.