Frumtak Ventures
Venture CapitalIcelandReykjavikSeed to Series BAIHealthcareLogisticsEnergyClimate TechOcean TechDeep Tech
About
Frumtak Ventures is Iceland's oldest active venture capital firm, founded in 2008 with a mandate to back local innovation with global potential. The firm takes a concentrated, high-conviction approach from seed through later growth stages, partnering closely with founders across AI, healthcare, logistics, energy, climate, and ocean-tech. Its fourth fund, closed in July 2024 at $87 million and oversubscribed, is primarily backed by Icelandic pension funds. The portfolio of 34 companies includes notable companies such as Controlant (pharma cold-chain) and Sidekick Health (digital therapeutics).
Portfolio 4
- Controlant Startup · Reykjavik
- Sidekick Health Startup · Reykjavik
- 50skills Startup · Reykjavik
- Treble Technologies Startup · Reykjavik
Connection map
Every node here is a row in the lists above — the map is a second view of the same connections, not another source of them.
Recent news
- Iceland is dodging the VC doldrums as Frumtak Ventures lands $87M for its fourth fund 2024-07-09 · TechCrunch