Frumtak Ventures
Overview
Frumtak Ventures is an early-stage venture capital fund based in Iceland. They champion founders who have demonstrated early traction and have the potential to become global leaders in their space. They take a concentrated, high-conviction, and high-involvement approach to investing and dedicate themselves to collaboratively work with their portfolio companies from the seed stage through IPO.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Ankeri | Oct 2021 | Seed | Lead |
| Activity Stream | Jan 2024 | VC Round | Lead |
| InfoMentor | Nov 2010 | VC Round | Lead |
| Euler | Nov 2025 | Seed | Lead |
| MyDello | Dec 2025 | VC Round | Lead |
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Key People
Andri Heiðar Kristinsson
General Partner
Asthildur Otharsdottir
Partner
Frodi Steingrimsson
Chief Legal Officer, Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Frumtak Ventures based?
Frumtak Ventures is headquartered in Iceland.
When was Frumtak Ventures founded?
Frumtak Ventures was founded in 2008.
How many portfolio companies does Frumtak Ventures have?
Frumtak Ventures has 15 portfolio companies in Caplight's dataset.
What are some companies in Frumtak Ventures's portfolio?
Portfolio companies visible on Caplight include Ankeri, Activity Stream, InfoMentor, Euler, MyDello.
What was Frumtak Ventures's most recent investment shown here?
Frumtak Ventures's most recent investment in this portfolio sample was in MyDello in 2025.
What sectors does Frumtak Ventures focus on?
Frumtak Ventures focuses on Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Enterprise Software, FinTech, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Healthcare & Life Sciences, Mobility, Transportation & Logistics, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Media, Entertainment & Gaming, Real Estate & PropTech, Enterprise Software, Mobility, Transportation & Logistics, Enterprise Software, Mobility, Transportation & Logistics, Healthcare & Life Sciences, AI, Data & Cloud Infrastructure, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Enterprise Software.
What company stages does Frumtak Ventures focus on?
Frumtak Ventures typically invests at the Early stage.
What is Frumtak Ventures's AUM?
Frumtak Ventures's assets under management are estimated between $100.0M and $250.0M.