Observed Signal · Sep 11, 2026 · Funding · Source: EU-Startups (European Venture) · Impact: 2/5 · Sentiment: Positive
Seed Capital closes €130M Fund V for Nordic startups
Copenhagen-based seed investor Seed Capital announced the closing of its fifth fund at €130 million, targeting 15-17 companies with first checks of €3-6 million in FinTech, cybersecurity, resilience, and AI-driven B2B sectors. The fund will expand beyond Denmark into the Nordics, with a strategic focus on Sweden. The firm also announced leadership changes: Christian Brøndum, former CEO of Planday, steps in as Managing Partner, and Geeta Schmidt, former CEO and co-founder of Humio, joins as General Partner. Seed Capital has already made initial investments from Fund V in Fortiv, Moxso, Repodo, and Oplane. The firm plans to evaluate opening a Swedish office to strengthen its close-to-founders approach. Its portfolio includes notable companies like Trustpilot, Flatpay, and Lunar.
Relevant to the startup funding ecosystem, especially in the Nordics, but not directly impacting AdTech/MarTech operations.
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Key Takeaways & Evidence Grounding
- Seed Capital closed Fund V at €130 million.
- Fund will invest in 15-17 companies with first checks of €3-6 million.
- Focus areas include FinTech, cybersecurity, resilience, and AI-driven B2B.
- Christian Brøndum appointed as Managing Partner, Geeta Schmidt as General Partner.
- First investments from Fund V include Fortiv, Moxso, Repodo, and Oplane.
Connected Companies & Entities
3 Entities mapped“Copenhagen-based seed investor Seed Capital announced the closing of its fifth fund at €130 million.”
“Its portfolio includes Trustpilot, VEO, Lunar, and Templafy.”
“Its portfolio includes Trustpilot, VEO, Lunar, and Templafy.”
Ontology Mapping & Concepts
Related Market Signals & Shifts
Recent verified developments and strategic activity across this market segment.
Copenhagen VC PSV Tech closes Fund II at €56 million
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