Private and government affiliated VCs have already invested in a company built on the technology disrupting traditional finance industry. Do you want to join SEB Venture Capital, SEED Capital, Accelerace and our Business Angels as Coinify’s new investor?
SEB Venture Capital
SEB is a leading Nordic financial services group. As a relationship bank SEB, in Sweden and in the Baltic countries, offers financial advice and a wide range of other financial services. In Denmark, Finland, Norway and Germany the bank's operations have a strong focus on corporate and investment banking based on a full-service offering to corporate and institutional clients. The international nature of SEB's business is reflected in its presence in some 20 countries worldwide. At June 30 2016, the Group's total assets amounted to SEK 2,677 billion while its assets under management totalled SEK 1,657 billion. The Group has about 15,500 employees.
SEB Venture Capital is the corporate venture capital unit within SEB. SEB Venture Capital invested in Coinify and is represented in the Board of Directors following the recent A investment round.
”Coinify has developed a unique platform for blockchain payments and fits perfectly in our portfolio of FinTech investments. We at SEB Venture Capital really look forward to contribute to Coinify’s future development,”
David Sonnek, Head of SEB Venture Capital
SEED Capital is the largest venture capital fund in Denmark for the pre-seed and seed segment with $320 million under management. SEED Capital specializes in identifying and developing new and innovative technology companies.
SEED Capital Denmark first invested in Coinify back in 2014 (Seed round), while the second (A round) investment comes from their newly established 3rd venture fund. The blockchain has proved to be a resilient technology.
SEED Capital sold high-profile startup Endomondo in February 2015, and in addition to Coinify, has Trustpilot, Vivino, Templafy, Lunar Way and 70+ companies in its portfolio of companies. For more information about SEED Capital, visit www.seedcapital.dk.
”We believe that digital currencies and the blockchain technology have the potential to spawn decades of disruptive innovation in financial services. Coinify has a good foothold in the market and with this particular syndication they are well-positioned to play a key role in the transformation ahead.”
Lars Andersen, General Partner in SEED Capital Denmark
Accelerace is Scandinavia's leading start-up accelerator and the most active seed investor in Denmark. With control of a total fund size of € 65 million, Accelerace Invest ranks among the Top 10 best investors in Europe (rated by Fundacity) and enjoys company survival rate of 94%. You can view Accelerace Investment portfolio of 43 companies including Coinify here.
"On the mission to bring Bitcoin to the mainstream, Coinify's winning attribute is their approach to KYC and AML, which they take seriously. As such they match our investment strategy and are well on their way to secure position as European #1."
Jesper Knudsen, Partner, Business Accelerator & Investor, Accelerace