Investments
24Portfolio Exits
2Funds
1
Want to inform investors similar to Seier Capital about your company?
Submit your Analyst Briefing to get in front of investors, customers, and partners on CB Insights’ platform.
Latest Seier Capital News
Dec 19, 2022
Concordex Raises $1.7M In Seed Funding For Insitutional-Grade DEX on Concordium SCHWARZENBACH, SWITZERLAND, December 19, 2022 / EINPresswire.com / — Concordex , the first dedicated decentralized exchange (DEX) built on Concordium, has raised $1.7 million in seed funding from Tacans Labs, Skynet Trading, Seier Capital and Concordium to bring institutional-grade derivatives to the Concordium blockchain ecosystem. Decentralized exchanges have seen a rise in interest after a series of high-profile centralized trading platforms in the crypto space collapsed throughout 2022. Concordex will offer users an institutional-grade investment platform that bridges the gap between traditional finance (TradFi) and decentralized finance (DeFi) through an extensive suite of products and services, offering true margin and derivatives trading. Concordium, the foundation for Institutional Decentralized Finance Concordium is a unique public-layer 1 blockchain with an embedded identity verification layer, providing a secure way for users and enterprises across the world to trade, and remain compliant, while ensuring the privacy crypto users have grown accustomed to. Concordex will utilize the regulatory-ready Concordium ecosystem to offer one of the first regulation-friendly DeFi platforms, a radical step forward in the evolution of DeFi. “Concordex will bring true margin trading to DeFi through a suite of margin and prime brokerage tools, bridging the gap between traditional finance (TradFi) and decentralized finance. The platform will offer first of its kind on-chain leverage trading that will eventually become a full on-chain derivatives market that is fully powered by Concordium,” said James Davies, Chief Product Officer of Concordex. Additionally, the platform will offer advanced liquidity management, such as adaptable liquidity pools which will allow liquidity providers to optimize capital deployment and maximize returns over time. By utilizing Concordium’s finality and shielding, liquidity pools on the platform will be protected from front running. It will also bring best-in-class automated market making (AMM) to the Concordium ecosystem, allowing projects to launch their own tokens in the ecosystem with ease. “With the increasing lack of trust in unregulated centralized exchanges, decentralized exchanges are the logical next step in the evolution of crypto and blockchain technology. Concordium offers a unique value proposition and Concordex is well positioned to steer the ecosystem forward,” said Lars Seier Christensen, Founder of Seier Capital. “We are excited to see the launch of the first dedicated DEX on Concordium. Concordex will help further our mission to make the Concordium ecosystem more accessible for individual and institutional users, while allowing them to maintain control and custody of their assets,” said Lone Fønss Schrøder, Chief Executive Officer of Concordium. About Concordex Concordex is an advanced institutional-grade liquidity management DEX on the Concordium blockchain. The project was built by Web3 venture builder, Tacans Labs, with core team members including award-winning entrepreneur, Mathias Lundoe, and industry veterans James Davies, Ivan Ivaschenko, and Marie Tatibouet. The platform aims towards launching on Mainnet in Q1 2023. For more information, please visit: concordex.io About Tacans Labs Co-founded by Danish entrepreneurs Lars Seier Christensen, founder of Saxo Bank and Concordium blockchain, and Mathias Lundoe Nielsen, an award-winning serial entrepreneur with multiple tech ventures, Tacans Labs is the DeFi arm of Tacans; a web3 venture builder invested in the future economy of blockchain by building, funding and acquiring cutting-edge Web3 companies. Started in 2021, the group’s portfolio is comprised of seven Web3 companies across multiple sectors with a combined valuation of $63M+. For more information, please visit: tacans.com Dion Guillaume
Seier Capital Investments
24 Investments
Seier Capital has made 24 investments. Their latest investment was in Concordex as part of their Seed VC on December 12, 2022.

Seier Capital Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
12/19/2022 | Seed VC | Concordex | $1.7M | Yes | 3 | |
11/17/2022 | Pre-Seed | Veax | $1.2M | Yes | Circle Ventures, Outlier Ventures, Proximity Lab, Qredo, Seier Capital, Skynet Trading, Tacans, Undisclosed Angel Investors, and Widjaja family | 6 |
3/9/2022 | Seed VC | Gamepay | $1.2M | Yes | 8I Holdings, and Seier Capital | 2 |
8/23/2016 | Growth Equity | |||||
2/22/2016 | Seed VC |
Date | 12/19/2022 | 11/17/2022 | 3/9/2022 | 8/23/2016 | 2/22/2016 |
---|---|---|---|---|---|
Round | Seed VC | Pre-Seed | Seed VC | Growth Equity | Seed VC |
Company | Concordex | Veax | Gamepay | ||
Amount | $1.7M | $1.2M | $1.2M | ||
New? | Yes | Yes | Yes | ||
Co-Investors | Circle Ventures, Outlier Ventures, Proximity Lab, Qredo, Seier Capital, Skynet Trading, Tacans, Undisclosed Angel Investors, and Widjaja family | 8I Holdings, and Seier Capital | |||
Sources | 3 | 6 | 2 |
Seier Capital Portfolio Exits
2 Portfolio Exits
Seier Capital has 2 portfolio exits. Their latest portfolio exit was Tricked Esport on November 07, 2022.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
---|---|---|---|---|---|
11/7/2022 | Acq - Fin | 2 | |||
Date | 11/7/2022 | |
---|---|---|
Exit | Acq - Fin | |
Companies | ||
Valuation | ||
Acquirer | ||
Sources | 2 |
Seier Capital Fund History
1 Fund History
Seier Capital has 1 fund, including Seier Capital Fund I.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
2/5/2016 | Seier Capital Fund I | $389.68M | 1 |
Closing Date | 2/5/2016 |
---|---|
Fund | Seier Capital Fund I |
Fund Type | |
Status | |
Amount | $389.68M |
Sources | 1 |
Discover the right solution for your team
The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.