Denmark-based largest seed stage tech investor, Seed Capital has recently announced its raise of €62.5 million (DKK 465M) of growth funds. The funding will help to secure venture capital for Denmark’s promising growth companies.

Several investors were involved in the investment such as a Danish pension company PFA, a Danish state investment fund Vækstfonden, a Danish government growth package DVKIII, Augustinus and Sampension.

“We are happy, that our investors are supporting Seed Capital’s investment strategy. Thereby helping us to be a meaningful partner to our founders through their entire journey of building their growth companies to successful exit. This is potentially also very sound financially” says Managing Partner Ulla Brockenhuus-Schack of Seed Capital.

With more than 20 years of experience, Seed Capital has built a strong portfolio in funding Denmark’s best innovative technology based companies from seed stage to Series A. Furthermore, the funds have aided these companies in achieving commercial success and some to profitable exits. Seed Capital has funded startups together with others, such as Balderton investing in Forecast, Kinnevik investing in Superb, and InSight Partners and Blue Cloud in Templafy.