--- title: Seed Capital closes a €130M fifth fund and expands from... description: Copenhagen-based Seed Capital has closed a €130 million fifth fund and will invest outside Denmark for the first time, targeting 15 to 17 companies across the... canonical: https://daily.dev/posts/seed-capital-closes-a-130m-fifth-fund-and-expands-from-denmark-into-the-nordics-spuglumix twitter:card: summary_large_image twitter:site: @dailydotdev og:type: website og:site_name: daily.dev og:title: Seed Capital closes a €130M fifth fund and expands from Denmark into the Nordics | daily.dev og:description: Copenhagen-based Seed Capital has closed a €130 million fifth fund and will invest outside Denmark for the first time, targeting 15 to 17 companies across the... og:url: https://daily.dev/posts/seed-capital-closes-a-130m-fifth-fund-and-expands-from-denmark-into-the-nordics-spuglumix og:image: https://api.daily.dev/og/posts/sPUglUMIx.png og:image:alt: Seed Capital closes a €130M fifth fund and expands from Denmark into the Nordics og:image:width: 1200 og:image:height: 630 og:locale: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # Seed Capital closes a €130M fifth fund and expands from Denmark into the Nordics **[The Next Web](https://daily.dev/sources/tnw)** · 4 min read · 1 upvotes · 0 comments ## Summary Copenhagen-based Seed Capital has closed a €130 million fifth fund and will invest outside Denmark for the first time, targeting 15 to 17 companies across the Nordics in fintech, AI-driven B2B, and, newly, cybersecurity. First cheques will run €3 million to €6 million from seed through Series A, with a strategic focus on Sweden and a Stockholm office under evaluation. Christian Brøndum, ex-CEO of Planday, becomes managing partner, while Geeta Schmidt, co-founder and former CEO of Humio (sold to CrowdStrike for $400 million in 2021), joins as general partner alongside longtime GP Lars Andersen. Four investments are already made: Fortiv, Moxso, Repodo, and Oplane. No limited partners are named, leaving the funding behind the expansion unclear, and whether the firm will actually open a Stockholm office remains undecided. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Questions this post answers ### How much did CrowdStrike pay to acquire Humio? CrowdStrike acquired Humio, the log management company co-founded by Geeta Schmidt, for $400 million in 2021. The deal remains the most significant cybersecurity exit in Denmark, and it is the credential Seed Capital is now leaning on as Schmidt joins the firm as general partner to lead a new cybersecurity investment thesis. _daily.dev surfaces deal context like this for anyone tracking cybersecurity exits and acquisitions._ ### What is the typical first check size for Seed Capital's new €130 million fund? Seed Capital's fifth fund writes first checks of €3 million to €6 million at seed through Series A, funded from a total €130 million raised to back 15 to 17 companies across the Nordics in fintech, AI-driven B2B, and cybersecurity. That check size is larger than typical seed rounds, making it a concentrated seed-to-Series-A vehicle rather than spray-and-pray investing. _Founders sizing up term sheets can track fund structures like this one on daily.dev._ ## Similar posts on daily.dev - [Seedcamp raises $320M for its new fund to expand its US footprint](https://daily.dev/posts/seedcamp-raises-320m-for-its-new-fund-to-expand-its-us-footprint-osgb2ekr7) · TechCrunch · 0 upvotes · 0 comments - [Seedcamp raises $320M and builds out a transatlantic bridge](https://daily.dev/posts/seedcamp-raises-320m-and-builds-out-a-transatlantic-bridge-5jzrtwolo) · The Next Web · 0 upvotes · 0 comments - [A new early-stage fund: Syndicate One raises €22M for Belgium’s startups](https://daily.dev/posts/a-new-early-stage-fund-syndicate-one-raises-22m-for-belgium-s-startups-qsd9inhra) · The Next Web · 0 upvotes · 0 comments - [How one venture firm is investing in an increasingly fragmented world](https://daily.dev/posts/how-one-venture-firm-is-investing-in-an-increasingly-fragmented-world-fqom7g956) · TechCrunch · 0 upvotes · 0 comments - [Have money, will travel: a16z’s hunt for the next European unicorn](https://daily.dev/posts/have-money-will-travel-a16z-s-hunt-for-the-next-european-unicorn-8udvkvuvy) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#cyber](https://daily.dev/tags/cyber), [#venture-capital](https://daily.dev/tags/venture-capital), [#fintech](https://daily.dev/tags/fintech) [View this post on daily.dev](https://daily.dev/posts/seed-capital-closes-a-130m-fifth-fund-and-expands-from-denmark-into-the-nordics-spuglumix) ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","@id":"https://daily.dev/#organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180},"sameAs":["https://twitter.com/dailydotdev","https://github.com/dailydotdev","https://www.linkedin.com/company/daily-dev-ltd"]},{"@type":"WebSite","@id":"https://daily.dev/#website","url":"https://daily.dev","name":"daily.dev","publisher":{"@id":"https://daily.dev/#organization"},"potentialAction":{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https://daily.dev/search?q={search_term_string}"},"query-input":"required name=search_term_string"}}]} {"@context":"https://schema.org","@type":"TechArticle","headline":"Seed Capital closes a €130M fifth fund and expands from Denmark into the Nordics","url":"https://daily.dev/posts/seed-capital-closes-a-130m-fifth-fund-and-expands-from-denmark-into-the-nordics-spuglumix","mainEntityOfPage":{"@type":"WebPage","@id":"https://daily.dev/posts/seed-capital-closes-a-130m-fifth-fund-and-expands-from-denmark-into-the-nordics-spuglumix"},"datePublished":"2026-09-11T08:10:10.207Z","dateModified":"2026-09-11T08:10:35.592Z","description":"Copenhagen-based Seed Capital has closed a €130 million fifth fund and will invest outside Denmark for the first time, targeting 15 to 17 companies across the...","image":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/97c9973e19df7e0926a299f4dab68f1b?_a=AQAEuop","thumbnailUrl":"https://media.daily.dev/image/upload/f_auto,q_auto/v1/posts/97c9973e19df7e0926a299f4dab68f1b?_a=AQAEuop","isAccessibleForFree":true,"articleSection":"The Next Web","inLanguage":"en","publisher":{"@type":"Organization","name":"daily.dev","url":"https://daily.dev","logo":{"@type":"ImageObject","url":"https://daily.dev/apple-touch-icon.png","width":180,"height":180}},"author":{"@type":"Organization","name":"The Next Web","logo":"https://media.daily.dev/image/upload/t_logo,f_auto/v1/logos/tnw","url":"https://daily.dev/sources/tnw"},"commentCount":0,"discussionUrl":"https://daily.dev/posts/seed-capital-closes-a-130m-fifth-fund-and-expands-from-denmark-into-the-nordics-spuglumix","interactionStatistic":[{"@type":"InteractionCounter","interactionType":{"@type":"LikeAction"},"userInteractionCount":1},{"@type":"InteractionCounter","interactionType":{"@type":"CommentAction"},"userInteractionCount":0}],"keywords":"cyber,venture-capital,fintech","timeRequired":"PT4M"} {"@context":"https://schema.org","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://daily.dev"},{"@type":"ListItem","position":2,"name":"The Next Web","item":"https://daily.dev/sources/tnw"},{"@type":"ListItem","position":3,"name":"Seed Capital closes a €130M fifth fund and expands from Denmark into the Nordics"}]} {"@context":"https://schema.org","@type":"FAQPage","@id":"https://daily.dev/posts/seed-capital-closes-a-130m-fifth-fund-and-expands-from-denmark-into-the-nordics-spuglumix#faq","mainEntity":[{"@type":"Question","name":"How much did CrowdStrike pay to acquire Humio?","acceptedAnswer":{"@type":"Answer","text":"CrowdStrike acquired Humio, the log management company co-founded by Geeta Schmidt, for $400 million in 2021. The deal remains the most significant cybersecurity exit in Denmark, and it is the credential Seed Capital is now leaning on as Schmidt joins the firm as general partner to lead a new cybersecurity investment thesis. daily.dev surfaces deal context like this for anyone tracking cybersecurity exits and acquisitions."}},{"@type":"Question","name":"What is the typical first check size for Seed Capital's new €130 million fund?","acceptedAnswer":{"@type":"Answer","text":"Seed Capital's fifth fund writes first checks of €3 million to €6 million at seed through Series A, funded from a total €130 million raised to back 15 to 17 companies across the Nordics in fintech, AI-driven B2B, and cybersecurity. That check size is larger than typical seed rounds, making it a concentrated seed-to-Series-A vehicle rather than spray-and-pray investing. Founders sizing up term sheets can track fund structures like this one on daily.dev."}}]} ```