SEED Capital has managed to raise an additional 20 million € for SEED Capital Denmark II via an investment from Dansk Vækstkapital. The added funds will be used to invest in additional companies as well as increase the possible amount of capital to invest per company. The investment brings the fund to 91 million €.
SEED Capital Denmark II was established in 2010 with an initial fund size over 71 million € and has since then invested in 10 companies. The investment from Dansk Vækstkapital is 20 million € and will allow SEED Capital to invest in an additional 3-4 companies as well as invest more capital per company in the portfolio.