FV
Frumtak Ventures
Venture CapitalActiveFrumtak Ventures invests in teams and ideas that solve real-world problems and reinforces Iceland's reputation for profitable innovation.
23
Investments
5
Exits
$150M
AUM
21.7%
Exit Rate
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Investment Thesis & Strategy
Frumtak Ventures invests in fintech and venture capital companies across various stages, focusing on teams and ideas that solve real-world problems and contribute to Iceland's innovative reputation.
Investment Activity
Deals per year over the last 15 years
3
20070
20080
20091
20102
20110
20120
20130
20141
20150
20160
20172
20181
20190
20202
2021Portfolio Companies
Selected investments from their portfolio of 23 companies
T
Tempo
Enterprise · Series A, 2021
A
Aura
Consumer · Seed, 2021
K
Kaptio
SaaS · Series A, 2019
G
Genki Instruments
Consumer · Seed, 2018
S
Sidekick Health
Healthcare · Series B, 2018
C
Controlant
IoT · Growth, 2015
G
Greenqloud
Cleantech · Series A, 2011
M
Meniga
Fintech · Growth, 2011
K
Kerecis
Biotech · Growth, 2010
M
Marel
Robotics · Growth, 2007
L
Landsvirkjun Power
Cleantech · Growth, 2007
C
Carbon Recycling International
Cleantech · Growth, 2007
Notable Exits
CompanyTypeYearValue / Acquirer
MenigaAcquisition2023—
TempoAcquisition2022—
KaptioAcquisition2022—
ControlantAcquisition2022—
Plain Vanilla GamesAcquisition2016—
Frequently Asked Questions
Frumtak Ventures focuses on Series A, Series B, Series C+ stage investments.
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