Investors / Iceland / Frumtak Ventures
Frumtak Ventures
Venture capital · Reykjavík, Iceland · Europe
Frumtak Ventures is a venture capital firm based in Reykjavík, Iceland, that invests in local innovation with global potential. It takes a concentrated, high-conviction, high-involvement approach, working with portfolio companies from the seed stage through IPO with initial tickets usually of €1 million to €3 million.
Invests inIndustrial & Manufacturing
In its own wordsearly tractionglobalseedhigh-convictioniceland
Your fit with Frumtak Ventures
Four questions about your startup
See how your round matches what it backs, point by point.
Or find every investor that fitsFrumtak Ventures lists 21 checked portfolio companies on its own site and is named in 5 funding rounds, 3 of them as lead. Its most frequent entry is Seed, 50% of the companies with a known first round. Its largest themes are Industrial & Manufacturing (16%), AI & Machine Learning (13%) and Healthcare & Biotech (13%). 67% of its companies are based in Iceland. It invests most often alongside Brunnur Ventures, Asabys Partners and Crowberry Capital.
Counts come from funding rounds that name Frumtak Ventures, complete from mid-2025: earlier rounds appear only when they were reported later. Round amounts and full round histories are on Fundup AI.
Round figures show recent activity, not Frumtak Ventures' whole history. Rounds on record name 5 companies; its own site lists 21. Funding rounds are complete from mid-2025, so counts and the yearly trend undercount a firm that invested before then. The portfolio, themes and places come from its own site and are not affected.
Entry stage
share of companies by the stage of its first roundShow as a table
| Value | |
|---|---|
| Pre-seed | 0% |
| Seed | 50% |
| Series A | 50% |
| Series B | 0% |
| Growth | 0% |
Activity by year
rounds it joined, last 10 yearsShow as a table
| Total | Rounds it led | |
|---|---|---|
| '17 | 0 | 0 |
| '18 | 0 | 0 |
| '19 | 0 | 0 |
| '20 | 0 | 0 |
| '21 | 0 | 0 |
| '22 | 0 | 0 |
| '23 | 0 | 0 |
| '24 | 1 | 0 |
| '25 | 2 | 2 |
| '26 | 2 | 1 |
Investor profile
percentile among all firmsShow as a table
| Measure | Percentile of all firms | Value |
|---|---|---|
| Portfolio size | 53th | 21 companies |
| Recent activity | 76th | 3 rounds in 12 months |
| Early stage | 73th | 50% of entries at pre-seed or seed |
| Evidence | 94th | 24% of companies confirmed by a round |
| Sector focus | 3th | 16% in its largest sector |
| Reach | 70th | 4 countries |
Investment themes
share of its checked companiesThis firmAll checked companies
Show as a table
| This firm | All checked companies | |
|---|---|---|
| Industrial & Manufacturing | 16% | 7% |
| AI & Machine Learning | 13% | 18% |
| Healthcare & Biotech | 13% | 15% |
| Enterprise Software | 13% | 8% |
| Education | 9% | 7% |
| Human Resources | 6% | 1% |
| Legal & Compliance | 6% | 2% |
| E-commerce & Marketplaces | 6% | 6% |
Invests most often with
firms sharing its portfolio companiesShow as a table
| Share | |
|---|---|
| Brunnur Ventures | 2 |
| Asabys Partners | 1 |
| Crowberry Capital | 1 |
| Industrifonden | 1 |
| Kickstart Innovation | 1 |
| Kompas VC | 1 |
| Kría Innovation Fund | 1 |
| Kvanted | 1 |
Its portfolio companies
where they are based, and what their own sites showSite status
- Site answers2095%
- No longer answers00%
- Points to another company15%
- Parked or sold domain00%
A site that stops answering three checks in a row is counted as no longer answering; that is not proof of closure. A site that points to another company is often an acquisition.
Co-investor network
who it backs companies with, and who they back togetherAll co-investors or Compare portfolios with Brunnur Ventures
Compare Frumtak Ventures head to head
portfolio size, rounds, entry stages, themes and the companies both backThree or more firms at once: portfolio overlap.
Recent portfolio activity
when companies last raised with Frumtak Ventures| Date | Company | Stage |
|---|---|---|
| 24 Sept 2026 | Series A Led | |
| 17 Sept 2026 | Series A | |
| 16 Dec 2025 | Seed Led | |
| 11 Nov 2025 | Seed Led | |
| 14 Aug 2024 | Round |
Round details for Frumtak Ventures
Amounts, full round histories and every co-investor in Frumtak Ventures' rounds are on Fundup AI. VCinfo covers investors and their portfolios.
Portfolio
21 companies checked against their own sites| Company | What it does | Themes | First round with it | Evidence |
|---|---|---|---|---|
| The company provides a platform to turn HR processes into AI workflows | AI & Machine LearningHuman Resources | Sept 2026Series A | Page + round | |
| Abler provides a sports team management app | EducationEnterprise Software | Portfolio page | ||
| Portfolio page | ||||
| Alda provides a platform for culture intelligence, offering data-driven inclusion, gamified micro-learning, and measurable outcomes for businesses. | EducationHuman Resources | Portfolio page | ||
| Ankeri provides a platform for managing time charter execution for ship owners, managers, and operators | Healthcare & Biotech | Portfolio page | ||
| Arctic Trucks creates vehicles designed to access remote environments and work in hostile conditions. | Industrial & Manufacturing | Portfolio page | ||
| AviLabs helps airlines reduce disruptions, enhance customer experiences, optimize operations, and foster industry collaboration to solve key challenges. | AI & Machine LearningAI & Machine Learning | Portfolio page | ||
| Controlant provides real-time monitoring and visibility for pharmaceutical supply chains | Healthcare & BiotechIndustrial & Manufacturing | Portfolio page | ||
| Data Dwell provides digital asset management services, allowing customers to store, search, and share their assets efficiently | Media & EntertainmentEnterprise Software | Portfolio page | ||
| Euler analyzes powder-bed images to eliminate machine-to-machine and build-to-build variability in metal additive manufacturing | Industrial & Manufacturing | Nov 2025Seed | Page + round | |
| Heima is a family app for sharing household tasks, routines, lists and reminders | Consumer | Portfolio page | ||
| Sweeply provides hotel operations software that manages housekeeping, maintenance, and guest requests in one place | Legal & ComplianceReal Estate & Construction | Portfolio page | ||
| Meniga creates digital banking solutions for financial institutions | FintechSpace & Defense | Portfolio page | ||
| Moombix provides online music lessons and tutoring | EducationEnterprise Software | Portfolio page | ||
| MyDello provides global shipping services, including air, rail, ocean, and road freight, as well as logistics management | Legal & ComplianceIndustrial & Manufacturing | Dec 2025Seed | Page + round | |
| Optise provides a self-improving B2B website platform that automates improvements and allows for easy content creation and analytics. | Media & EntertainmentE-commerce & Marketplaces | Portfolio page | ||
| PLAIO provides pharmaceutical supply chain planning software | Healthcare & Biotech | Aug 2024Round | Page + round | |
| The company develops and delivers digital health products that empower patients and digitize healthcare. | Healthcare & Biotech | Portfolio page | ||
| Smitten makes a dating app that helps users get to know each other before meeting in person. | Enterprise SoftwareE-commerce & Marketplaces | Portfolio page | ||
| The company develops and provides an acoustic intelligence platform for machine learning and AI to train models for real-world listening with synthetic audio data. | AI & Machine LearningIndustrial & Manufacturing | Sept 2026Series A | Page + round |
About this data
site last read 5 Nov 2026- Site
- frumtak.is
- Last read
- 5 Nov 2026
- Watching since
- 6 Nov 2026
- Rounds since
- 14 Aug 2024
- Companies checked
- 21
Rates come from what VCinfo has observed since observation_start. Firms tend to remove companies that closed, so early rates understate reality. A company leaving a portfolio page does not mean it closed or exited. An unreachable site means our checks failed, nothing more.
Get Frumtak Ventures' profile as data
Pull Frumtak Ventures' portfolio, co-investors and changes through one API key or MCP, open every portfolio row, compare it with other firms, and get an email when it adds a company or files a fund.
Work email, sign-in link by email. Already have an account? Log in- Ask AI5 plain-English investor searches a day
- Full listsEvery portfolio row and two-firm overlap
- API and MCP100 REST or MCP calls a month, one key
- AlertsFollow 5 investors for portfolio and fund changes
$ curl -H "X-API-Key: YOUR_KEY" \
https://api.vcinfo.io/v1/firms/frumtak.is
# also
GET /v1/firms/frumtak.is/portfolio
GET /v1/firms/frumtak.is/coinvestors
GET /v1/firms/frumtak.is/news