Firms

Seed Capital

Seed Capital

seedcapital.dk

Seed Capital is a Copenhagen venture firm backing Nordic technology founders from seed through early Series A and supporting companies through later financings and exits. It focuses on fintech, cybersecurity and resilience, and AI-driven business software. The firm works with a concentrated portfolio, helping founders develop go-to-market plans, strengthen teams and boards, refine unit economics and raise international follow-on capital. Its Fund V expands its longstanding Danish investment strategy across the Nordic region. Legal and fund scope: the retained profile represents the published Seed Capital investment platform, with fund-specific managers and vehicles distinguished. The site privacy notice identifies CVR37140279; signed accounts separately identify legacy Seed Capital Management I/S CVR28293089 managing DenmarkII, ManagementIII serving DenmarkIII and its separate2021Growth vehicle, and ManagementIV CVR41370629 serving DenmarkIV CVR41500727. FundV has its own manager and GP agreement; those entities are not collapsed into one cash subscriber. Christian Brøndum’s current managing-partner role is explicitly for FundV; Ulla and Lars retain their published partner roles and dated legacy management capacities. Nine current named people appear in the directory. FundV’s finalEUR130M close supersedes its May2025DKK500M firstclose, without addinganotherfund; the earlier149Mpaid-in snapshot is a partialcall, not totalfinalsize. FundIV’s ownpublishedEUR140M raise is distinct from NAV and manageraccounts. Older funds’ disclosed commitments are qualified separately where originalcashclosingproof is unavailable. Approximate500M aggregatecapital is not anotherfund or allocatedcompanycheck.

Founded
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Type
Venture capital

Funds6

  • Seed Capital Fund V€130M

    Completed EUR 130 million fifth flagship fund for 15–17 seed-stage Nordic companies in fintech, cybersecurity and resilience, and AI-driven B2B software. The earlier DKK 500 million May 2025 first close belongs to the same Fund V and is superseded by this completed closing size.

  • Seed Capital Denmark Fund I—

    Own historicaltimeline identifiesfirstfundin2004. Exactlegalvehicle/totaloriginalcashclose notproven; qualifiedstrategyrecordamount/dayNULL. No averaged500Maggregateallocation.

  • Seed Capital Denmark II K/S—

    Signed2023legacy-manageraccounts identifyexactFundII and682MDKKcapitalcommitments, formationFebruary1,2010. Commitments not assertedfullypaidcash orNAV; exactoriginalclosedamount/dayNULL.

  • Seed Capital Denmark III Growth K/S—

    Separatefollow-onfund establishedApril4,2021 forpromisingFundIIIportfolio, primary468MDKKcapitalcommitments. Formation/commitmentsnotcashclosingproof; structuredamount/dayNULL, no allocationasFundIIIextraevent.

  • Seed Capital Denmark III K/S—

    Signed2024manageraccounts identifyexactflagship and819MDKK commitments, formationJune1,2015. Originalfullypaidcashclose/daynotprovenNULL; separate2021Growth vehicle notsamefund.

  • Seed Capital Denmark IV K/S€140M

    OwnwebsiteexplicitlyraisedEUR140M latestfourthfund, timeline2020; signed2025managementIV confirms exactlegalfund41500727 andmanager41370629, commitments1045MDKK. EUR/DKK are samepool, nosecondraise; exactcashdayNULL.

Team

Operations and support

Anne Cathrine WilhjelmAnne Cathrine WilhjelmAttorney, Partner
Chris PorsgaardChris PorsgaardPartner
Christian BrøndumChristian BrøndumManaging Partner
Geeta SchmidtGeeta SchmidtGeneral Partner
Jakob Fuglede NielsenJakob Fuglede NielsenCFO, Partner
Lars AndersenLars AndersenGeneral Partner
Rikke Kjær DamgaardRikke Kjær DamgaardInvestment Manager
Tine LindgreenTine LindgreenPartner
Ulla Brockenhuus-SchackUlla Brockenhuus-SchackGeneral Partner

Co-investing

Dawn Capital
Insight Partners
Preben Damgaard
Damgaard Company
Balderton Capital

Investments