New Danish venture fund established for start-up’s
A new Danish USD 90 million venture fund, SeeD Capital Management, has been
established to support primarily technology based start-up companies through
investments. As must as 25% of the capital can be invested in south Sweden. The new
venture fund will invest in biotechnology, medico technology, nanotechnology, informationand
communication technology and other areas of technology.
The funding has been provided by a number of investors: the Danish state, the Danish
Fund for Industrial Growth and the Danish Labour Market Supplementary Pension Fund
have jointly invested USD 40,5 million. Other investors include Science Park Symbion,
DTU Innovation, Kirkbi and Nordea’s venture company.