SEED Capital's portfolio companies continue to set the standard at several of this year's major award ceremonies. Yesterday, half the prices at the Entrepreneur of the Year award went to companies that SEED Capital has invested in.
Yesterday's ceremony is the culmination of a fall filled with prices for SEED Capital. Glycom yesterday won the award for Best Start-Up. Glycom develops a substance which when added to baby formula contributes to healthy stomach flora, has a number of antibacterial functions and will stimulate earlier development of the brain in infants. Glycom has established close cooperation with Nestle - one of the world's largest producers of baby formula.
Read more at www.glycom.com.
Amminex yesterday won the award for Best Cleantech. Amminex develop a method for removing specific types of air pollution from diesel vehicle exhaust emissions. They work closely with North America's largest manufacturer of diesel vehicles who wish to use Amminex technology in their cars.
Read more at www.amminex.net.
Napatech yesterday won the award for Best Innovation. Napatech has developed a technology to manage, sort and process the ever-increasing data traffic on networks and the company has customers all over the world. Napatech has previously won the award for best Start-Up.
Read more at www.napatech.com.
"We are extremely proud of all three companies, and that SEED Capital is a part of their exciting development. These awards are a recognition of the huge effort these companies put forward every day and they should all stand as role models for exactly how Denmark should achieve success in a global competitive market, "says Ulla Brockenhuus-Schack, Managing Partner at SEED Capital and continues: "It would not surprise me if one of these companies will be the next Danfoss."
Besides the prices at this year's Entrepreneur Of The Year, several of the SEED Capital portfolio companies achieved impressive awards this fall. Concrete-company Abeo has received a number of awards - most importantly the prestigious Global Clean Tech Open price, and windmill company EdgeFlow won the Innovation Prize at this year's Climate Cup.
About SEED Capital
SEED Capital is Denmark's largest venture capital fund within the seed segment and is focused on Life Science, Cleantech and ICT. SEED Capital specializes in identifying, financing and developing competent and innovative entrepreneurial companies.
SEED Capital also manages public funds through a strategic cooperation with the innovation incubator DTU Symbion Innovation. This business model allows SEED Capital to invest earlier than most VC funds and to provide substantially more capital than most seed investors. SEED Capital invests in 12-15 new promising growth companies every year and assists portfolio companies with value-generating activities like management support, business development, organizational and strategic development, marketing, and ad hoc operational, financial, and legal assistance.
About Entrepreneur Of The Year
The contest is organized by Ernst & Young and is one of the world's most recognized growth creates competition and a celebration of the brightest and most innovative growth creators. The contest is markedly different from other emerging contests by focusing on their capacity for growth and the softer values such as contractor's social commitment and ability to inspire and engage the organization.
Read more at www.ey.com.