Frumtak Ventures logo

Frumtak Ventures

Venture Capital

Frumtak Ventures manages venture funds Frumtak 1 and Frumtak 2.

Founded 2008 Iceland Iceland 1-10 employees Finance, Financial Services

32

Total Investments

19

Portfolio Companies

-

Exits

2

Industries

General Information

Industries Finance, Financial Services

Company Overview

Founded 2008
Employees 1-10
Location Iceland Iceland
Website frumtak.is

Investment Criteria

Investment Thesis

•••••• •••••• ••••••

About Frumtak Ventures

Frumtak Ventures manages venture funds Frumtak 1 and Frumtak 2. The LPs of these funds are predominantly pension funds as well as some additional stakeholders in Iceland. Frumtak 1 is fully invested. Frumtak 2 invests in early stage /early revenue companies that are post-seed and show great potential for growth. Frumtak Ventures has the objective to invest in companies that can become leaders in their field so they not only show good returns but contribute to improve the society in which they operate. Frumtak Ventures invests in entities in Iceland and has the ability to invest abroad as a part of the expansion of its portfolio companies internationally. The venture firm does not have a specific industry focus. However, it investments in companies that show great growth potential in specific industry sectors.

Recent Investments (32)

View All
Company Stage Amount Date
Seed •••••• Sep 2026
Series A-2 •••••• Sep 2026
Undisclosed •••••• Dec 2025
Seed •••••• Nov 2025
Seed •••••• Mar 2025
Portfolio company •••• ••••
Early VC •••••• Aug 2024
Portfolio company •••• ••••
Venture Round •••••• Jan 2024
Portfolio company •••• ••••
Seed Round •••••• Dec 2022
Portfolio company •••• ••••
Seed Round •••••• Sep 2022
Portfolio company •••• ••••
Seed Round •••••• May 2022

See all 32 investments →

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