Frumtak Ventures
frumtak.is Direct investor
Frumtak Ventures is an Icelandic venture capital firm that invests in local innovation with global potential. It takes a concentrated, high-involvement approach, backing portfolio companies from the seed stage through IPO.
Frumtak Ventures is a venture capital firm headquartered in Reykjavík, Iceland. It invests directly in companies, from seed to growth. Its stated cheque size is €1 million to €3 million. € 190 M under management, as it reports.
“At Frumtak Ventures, we champion founders who have demonstrated early traction and have potential to become global leaders in their space.”
— Frumtak Ventures, own website
- Layer
- Direct investor
- Type
- Venture capital
- Invests in
- Iceland
- Cheque size
- €1 million to €3 million
- Assets under management
- € 190 M
Team, as Frumtak Ventures publishes it
- Svana Gunnarsdóttir Managing Partner
- Ásthildur Otharsdóttir General Partner
- Andri Heiðar Kristinsson General Partner
- Rakel Sigurðardóttir Chief Financial Officer
- Fróði Steingrímsson Legal Partner
- Magnús Þór Torfason Chairman of the Board
- Magnús Magnússon Board Member
- Sigridur Sigurdardottir Board Member
- Eggert Claessen Partner Emeritus
Names and roles exactly as listed on frumtak.is. Nothing else about these people is recorded.
Where this comes from
Every fact above was read from a page Frumtak Ventures publishes itself. Nothing is taken from third-party databases. Investment activity (deals, co-investors) is not yet recorded.
- https://frumtak.is/name, is_investor, layer, type, hq_country, hq_city, invests_in_geographies, stage_min, stage_max, cheque_size, thesis_quote, description, aum, status, confidence
- https://frumtak.is/teampeople
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Record 18481 · added 2026-10-26 · link last verified 2026-10-26 · confidence high
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