Seedcamp is both a startup competition across Europe and a holding company investing in the “Seedcamp winners”. Seedcamp 1 was established in 2006 and invested in 21 companies. Seedcamp II aims at doing about 30 seed (50-100 K) investments over a 3 year period. Seedcamp organizes about 10 start-up competitions per year. At these competitions, the Seedcamp investors vote to decide which company is the winner to receive the seed investment.