Funding Details
- Awarder
- Inbox
- Date Award
- July 11, 2024
- Vertical
- Software, AI, Deeptech
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2009
- Traction
- None
- Organizations Involved
- None mentioned
- Founders
- Svana Gunnarsdottir, Andri Heiðar Kristinsson, Ásthildur Otharsdóttir
- Company Description
- Icelandic VC Frumtak Ventures has closed its fourth fund at $87m. The VC plans to make 10-15 investments from the fund, with tickets ranging from €1m-€3m. It previously invested mostly in B2B SaaS startups at seed or Series A in Iceland, but is broadening its focus to software, AI, and deeptech in areas such as ocean tech, logistics, healthcare, travel, energy, climate, and gender equality.
- Market
- Ocean tech, logistics, healthcare, travel, energy, climate, gender equality
- Location
-
Iceland
- Coinvestors
- None mentioned
Links