# Who Invests With Seed Capital: 54 Co-Investors (2026) > The 54 investors that have backed two or more of the same startups as Seed Capital, by kind: vc firms, government funds and accelerators. Source: https://millionrounds.com/portfolio-maps/seed-capital-co-investors (Millionrounds; every figure on the page links to its filing or article) ## VC firms 42 - [The Danish Growth Fund](https://millionrounds.com/fund/v-kstfonden) - [*VV* VF Venture](https://millionrounds.com/fund/vf-venture) - [*EA* Export and Investment Fund](https://millionrounds.com/fund/export-and-investment-fund) - [*E* EISMEA](https://millionrounds.com/fund/eismea) - [Techstars](https://millionrounds.com/fund/techstars) - [Sunstone Life Science Ventures](https://millionrounds.com/fund/sunstone-life-science-ventures) - [XSeed Capital](https://millionrounds.com/fund/xseed-capital) - [Accomplice](https://millionrounds.com/fund/accomplice) - [ByFounders](https://millionrounds.com/fund/byfounders) - [Accel](https://millionrounds.com/fund/accel) - [*SV* SOS Ventures](https://millionrounds.com/fund/sos-ventures) - [SOSV](https://millionrounds.com/fund/sosv) - [FJ Labs](https://millionrounds.com/fund/fj-labs) - [Service Provider Capital](https://millionrounds.com/fund/service-provider-capital) - [Keyhorse Capital](https://millionrounds.com/fund/keyhorse-capital) - [Heartcore Capital](https://millionrounds.com/fund/heartcore-capital) - [*NA* Nupark Accelerace](https://millionrounds.com/fund/nupark-accelerace) - [Firstminute Capital](https://millionrounds.com/fund/firstminute-capital) - [Innovation Fund Denmark](https://millionrounds.com/fund/innovation-fund-denmark) - [SVB Capital](https://millionrounds.com/fund/svb-capital) - [Creandum](https://millionrounds.com/fund/creandum) - [Inventure](https://millionrounds.com/fund/inventure) - [Blu Ventures](https://millionrounds.com/fund/blu-ventures) - [Flybridge](https://millionrounds.com/fund/flybridge) +18 more ## Government funds 5 - [EIC Accelerator](https://millionrounds.com/fund/eic-accelerator) - [Enterprise Ireland](https://millionrounds.com/fund/enterprise-ireland) - [National Science Foundation](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) - [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) - [European Union](https://millionrounds.com/fund/european-union) ## Accelerators 4 - [Accelerace](https://millionrounds.com/fund/accelerace) - [Y Combinator](https://millionrounds.com/fund/y-combinator) - [Alchemist Accelerator](https://millionrounds.com/fund/alchemist-accelerator) - [Plug and Play](https://millionrounds.com/fund/plug-and-play) ## Angels and networks 3 - [Boston Seed Capital](https://millionrounds.com/fund/boston-seed-capital) - [*KG* Kasper Grundtvig Knokgaard](https://millionrounds.com/fund/kasper-grundtvig-knokgaard) - [*KN* Klaus Nyengaard](https://millionrounds.com/fund/klaus-nyengaard) ## Segment by segment ### VC firms 42 investors - [**The Danish Growth Fund**](https://millionrounds.com/fund/v-kstfonden) VC firm - 13 backed - [*VV* **VF Venture**](https://millionrounds.com/fund/vf-venture) VC firm - 6 backed - [*EA* **Export and Investment Fund**](https://millionrounds.com/fund/export-and-investment-fund) VC firm - 6 backed - [*E* **EISMEA**](https://millionrounds.com/fund/eismea) Investment firm - 5 backed - [**Techstars**](https://millionrounds.com/fund/techstars) VC firm United States 4 backed - [**Sunstone Life Science Ventures**](https://millionrounds.com/fund/sunstone-life-science-ventures) VC firm Denmark 4 backed - [**XSeed Capital**](https://millionrounds.com/fund/xseed-capital) VC firm United States 4 backed - [**Accomplice**](https://millionrounds.com/fund/accomplice) VC firm United States 4 backed ### Government funds 5 investors - [**EIC Accelerator**](https://millionrounds.com/fund/eic-accelerator) Government fund European Union 5 backed - [**Enterprise Ireland**](https://millionrounds.com/fund/enterprise-ireland) Government fund Ireland 2 backed - [**National Science Foundation**](https://millionrounds.com/fund/nsf-small-business-innovation-research-small-business-techno) Government fund United States 2 backed - [**EASME - EU Executive Agency for SMEs**](https://millionrounds.com/fund/easme-eu-executi) Government fund Belgium 2 backed - [**European Union**](https://millionrounds.com/fund/european-union) Government fund United Kingdom 2 backed ### Accelerators 4 investors - [**Accelerace**](https://millionrounds.com/fund/accelerace) Accelerator Denmark 6 backed - [**Y Combinator**](https://millionrounds.com/fund/y-combinator) Accelerator United States 3 backed - [**Alchemist Accelerator**](https://millionrounds.com/fund/alchemist-accelerator) Accelerator United States 2 backed - [**Plug and Play**](https://millionrounds.com/fund/plug-and-play) Accelerator United States 2 backed ### Angels and networks 3 investors - [**Boston Seed Capital**](https://millionrounds.com/fund/boston-seed-capital) Angel network United States 26 backed - [*KG* **Kasper Grundtvig Knokgaard**](https://millionrounds.com/fund/kasper-grundtvig-knokgaard) Angel investor - 2 backed - [*KN* **Klaus Nyengaard**](https://millionrounds.com/fund/klaus-nyengaard) Angel investor - 2 backed **How this map is made.** Every investor here has backed two or more of the same startups as Seed Capital, in rounds we track. Grouped by kind, each ranked by how many startups it shares with Seed Capital. Rebuilt nightly; updated 15 November 2026. ## More portfolio maps [All portfolios](https://millionrounds.com/portfolio-maps) [Portfolio map **Seed Capital portfolio map** 111 startups · $2.4B](https://millionrounds.com/portfolio-maps/seed-capital-portfolio-map)[Investments abroad **Seed Capital's investments in the United States** 32 startups · $498M](https://millionrounds.com/portfolio-maps/seed-capital-investments-united-states)[Sector portfolio **Seed Capital's AI portfolio** 25 startups · $238M](https://millionrounds.com/portfolio-maps/seed-capital-ai-portfolio)[Sector portfolio **Seed Capital's Fintech portfolio** 13 startups · $483M](https://millionrounds.com/portfolio-maps/seed-capital-fintech-portfolio)[Sector portfolio **Seed Capital's Big Data & Analytics portfolio** 13 startups · $51M](https://millionrounds.com/portfolio-maps/seed-capital-big-data-analytics-portfolio)[Co-investors **Who invests with Novo Holdings** 87 co-investors](https://millionrounds.com/portfolio-maps/novo-ventures-co-investors) ## Raising from investors like Seed Capital? Find the investors who back startups like yours, with their cheques, rounds and partners, in the app with filters, lists and exports. [Find investors](https://millionrounds.com/login?join=1&next=/app/investors)[Market maps](https://millionrounds.com/market-maps)