The Seedcamp fund is obviously where the money for the EUR 50k investments comes from. It seems logical to me that the people contributing the money are the aud

The Seedcamp fund is obviously where the money for the EUR 50k investments comes from. It seems logical to me that the people contributing the money are the audience of the final pitching round, upon which they then decide who to fund. There are multiple other pitches (at the start of Seedcamp week, at investor day in December, etc) that are meant for a more public audience.