Funding Details
- Awarder
- Inbox
- Date Award
- July 13, 2024
- Vertical
- Software, AI, Deeptech
- Funding URL
- View Funding Page
Company Info
- Founding Year
- 2009
- Organizations Involved
- Crowberry, Sidekick Health, Controlant
- Founders
- Svana Gunnarsdottir, Andri Heiðar Kristinsson, Ásthildur Otharsdóttir
- Company Description
- Frumtak Ventures is an Icelandic early-stage VC that focuses on investing in startups in various sectors such as software, AI, and deeptech. They have a particular interest in areas like ocean tech, logistics, healthcare, travel, energy, climate, and gender equality. Frumtak Ventures closed its fourth fund at $87m and plans to make 10-15 investments from the fund, with tickets ranging from €1m-€3m. They keep half the fund for follow-on investments.
- Market
- Various including ocean tech, logistics, healthcare, travel, energy, climate, and gender equality
- Location
-
Iceland
Links