In women's singles, top seed Pliskova of the Czech Republic was upset by France's Caroline Garcia in the second round.
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Valter, 22, broke free during the final few kilometers and the peloton was unable to catch him.
"It was anybody's game really for a set and a half. I made some breaks and then obviously after winning the second set I felt more comfortable. I was returning better, I started to read his serve better, and I was pleased with my serve. Overall, it was a very good test, and I am happy to get through," said Djokovic, who is bidding to capture his fourth US Open trophy and 18th Grand Slam title.
Larsen is a retired Danish badminton player who won major international singles titles in the 1990s, and ranks among Denmark's badminton greats.
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Earlier, sixth seed Petra Kvitova of the Czech Republic edged past Ukraine's Kateryna Kozlova 7-6 (3), 6-2, and eighth seed Petra Martic of Croatia beat fellow Ukrainian Kateryna Bondarenko 6-3, 6-4 to also advance into third round. Enditem
Garcia looked untouchable in the first set and for much of the second, blasting 30 winners and breaking Pliskova's serve three times en route to a 6-1, 7-6 (2) victory.
"I tried to leave last year, but they blocked everything at the last second. It was a project I was excited for but it didn't materialize."
The 23-year-old Dutchman has signed a five-year contract at Old Trafford, with an option to extend by a further year. The transfer fee is 39 million euros (46 million U.S. dollars), which may increase to 44 million euros if certain clauses are met.
"My full efforts are totally focused on leading the Badminton World Federation and fulfilling my role as IOC member. I would like to thank the badminton and sporting community for their ongoing support and I look forward to leading the BWF as we plan for our safe return to international badminton," he said.