# Seed Capital

> Seed Capital is a VC fund in Copenhagen backing Software and Health Care. See 192 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Copenhagen, Denmark
- Total investments: 192
- Last investment: Jun 2026
- Lead investor: 30%
- Fund size: $73M
- Last fund: Jul 2021
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/seed-capital-denmark
- X (Twitter): http://twitter.com/seed_capital
- Website: http://www.seedcapital.dk
- Facebook: http://www.facebook.com/Seedcapitaldenmark

Seed Capital is a VC fund in Copenhagen focused on Software and Health Care. Seed Capital invests in Danish tech businesses with global ambitions. We are focused on "late seed"-stage companies, typically investing 1-3 MEUR in rounds of 1-6 MEUR. Proud backers of Trustpilot, Vivino, Lunar, Templafy, Dixa, Forecast, and many other great companies.

## Contacts

5 contacts available for Seed Capital. Shizune tracks 4 team members at Seed Capital. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/seed-capital?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $549k–$5.2M |
| Series A | $3.8M–$17M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 27 | 14% |
| Health Care | 22 | 11% |
| SaaS | 15 | 8% |
| Information Technology | 15 | 8% |
| Artificial Intelligence | 15 | 8% |

189 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 71 | 37% |
| Funding Round | 45 | 23% |
| Series A | 17 | 9% |
| Series B | 9 | 5% |
| Pre-Seed | 8 | 4% |

12 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Denmark | 106 | 55% |
| United States | 6 | 3% |
| United Kingdom | 4 | 2% |
| Sweden | 2 | 1% |
| Mexico | 1 | 1% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Lars Andersen | General Partner | 38 | https://shizune.co/investors/profile/lars-andersen |
| Ulla Brockenhuus-Schack | Founder & Managing Partner | 13 | https://shizune.co/investors/profile/ulla-brockenhuus-schack |
| Anne Cathrine Wilhjelm | Attorney, Partner | 0 | https://shizune.co/investors/profile/anne-cathrine-wilhjelm |
| Jakob Fuglede Nielsen | CFO, Partner | 0 | https://shizune.co/investors/profile/jakob-fuglede-nielsen |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Oplane | Oplane AB is a cybersecurity startup that develops an AI powered platform for automated threat modeling for software development teams. | $5.2M | Seed | Jun 02, 2026 |  |
| Norlix | Norlix is a digital insurance and pension brokerage platform that uses AI to analyze business data and provide advisory services. | $4.6M | Seed | Mar 12, 2026 |  |
| Cernel | Cernel creates innovative solutions for all tedious e-commerce chores. Cernel lets coworkers solve content by evaluating, composing, and publishing immediately on the site. | $4.7M | Seed | Feb 23, 2026 |  |
| Pluto.markets | Pluto is the modern investment app for the 100m Europeans living in countries without the EUR. | $6M | Seed | Feb 05, 2026 |  |
| Embankment | Embankment is a financial services provider that leverages technology and domain expertise to offer innovative solutions. The company operates as a fund service provider, offering fund administration services to managers of alternative investment funds. Embankment is also recognized as a fintech at its core, integrating technology into itsoperations to enhance service delivery and efficiency. The company is registered as an alternative investment fund manager with the Danish Financial Supervisory Authority. | $17.4M | Series A | Jan 19, 2026 |  |
| Understory | Holdbar is here to assist you in giving wonderful experiences and managing your business better. | $14.1M | Series A | Sep 08, 2025 |  |
| Blackbird Coffee | Blackbird Coffee is the provider of automated beverage systems intended for workplace consumption. | $4.7M | Seed | Sep 05, 2025 |  |
| Moxso | Moxso aims to minimize human risk by providing specialized services to various sectors. Their managed service model combines automation with personalized human interaction to deliver customized, adaptive training solutions. | $5.5M | Seed | Aug 29, 2025 |  |
| Observe Medical | Observe Medical has developed a revolutionary digital urine meter - Sippi. Sippi is an easy-to-use application that monitors urine production via a bag application connected to a piece of software. Sippi is fully automatic during the length of the treatment. | $3.6M | Post-IPO Equity | Jun 11, 2025 |  |
| Fortiv | Fortiv is an AI business continuity platform designed to build resilience, put compliance on autopilot and demonstrate reliability. | $3.4M | Pre-Seed | May 20, 2025 |  |

10 of 192 investments shown.

## Co-investors
- [PSV](https://shizune.co/investors/profile/preseed-innovation) — VC Fund, 53 deals together
- [Vaekstfonden](https://shizune.co/investors/profile/v%C3%A6kstfonden) — VC Fund, 10 deals together
- [Heartcore Capital](https://shizune.co/investors/profile/heartcore-capital) — VC Fund, 8 deals together
- [Dawn Capital](https://shizune.co/investors/profile/dawn-capital) — VC Fund, 7 deals together
- [Chr. Augustinus Fabrikker](https://shizune.co/investors/profile/chr-augustinus-fabrikker) — VC Fund, 6 deals together
- [Insight Partners](https://shizune.co/investors/profile/insight-partners) — VC Fund, 6 deals together

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### Similar stage
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### Similar country
- [Vaekstfonden](https://shizune.co/investors/profile/v%C3%A6kstfonden) — VC Fund
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## FAQ

### What does Seed Capital invest in?

Seed Capital invests primarily in Software, Health Care and SaaS startups, most often at Seed and Funding Round stage. Most of the 192 investments tracked by Shizune back companies in Denmark. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Seed Capital's check size?

Seed Capital typically joins rounds of $549k–$5.2M at Seed and $3.8M–$17M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Seed Capital participates in.

### How do I contact Seed Capital?

Public channels for Seed Capital include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Seed Capital?

The team at Seed Capital includes Lars Andersen (General Partner), Ulla Brockenhuus-Schack (Founder & Managing Partner) and Anne Cathrine Wilhjelm (Attorney, Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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