At DVCA's (Danish Venture Capital & Private Equity Association) annual meeting and top management conference 2010 SEED Capital received the award for Venture Capital Fund of the year.
The price was given based on SEED Capital's high investment activity and unique business model as well as the fact that SEED Capital during an economic recession has managed both to create impressive exits and raise a new fund of 435 million.
- We are incredibly proud of this award which is a nice recognition of the last seven years of hard work to build our strong position in the Danish venture environment. The price should largely be dedicated to the entire SEED Capital team of highly skilled employees, all with considerable experience and insight into how you establish and operate emerging businesses. The employees' efforts have secured the success we are experiencing now. We also thank SEED Capital investors who have acknowledged our work with capital for the next fund, so we can continue to develop tomorrow's growth companies from the entrepreneurial stage to mature companies, says Ulla Brockenhuus-Schack, Managing Partner at SEED Capital.
In February 2010 SEED Capital managed to raise the fund SEED Capital Denmark II K / S with initial capital of 435 million. kr from among others ATP and Vækstfonden.