Seed Capital Closes €130M Fund V to Fuel Nordic Fintech and AI-Driven B2B SaaS Expansion
Seed Capital has successfully raised €130 million for its fifth fund, representing a significant geographic expansion for the Danish venture capital firm. Historically focused on Denmark, the firm will now deploy capital across the Nordics, targeting high-growth early-stage startups. This fund aims to back between 15 and 17 companies, focusing specifically on sectors such as fintech, AI-driven B2B SaaS, and, for the first time, cybersecurity. The expansion signals a growing confidence in the Nordic technology ecosystem, particularly as enterprise software and financial technologies continue to attract institutional backing. With this fund, Seed Capital intends to write initial checks for promising startups, aiming to anchor early-round valuations and support growth trajectories in a tightening macroeconomic environment.
Sentinel's Strategic Outlook
Copenhagen-based Seed Capital has finalized its fifth fund at €130 million to expand its investment mandate beyond Denmark into the broader Nordic region. The fund targets 15 to 17 early-stage startups specializing in fintech, AI-driven B2B SaaS, and cybersecurity.