Frumtak Ventures Overview
- Investor Type
-
Venture Capital
- Status
-
Active
- Professionals
-
3

- Investments
-
51
- Portfolio
-
20
- Exits
-
13

Frumtak Ventures General Information
Company Description
Founded in 2008, Frumtak Ventures is a venture capital firm based in Reykjavik, Iceland. The firm seeks to invest in companies operating in the technology sector with a focus on software and artificial intelligence as well as deep technology and hardware components.
Business Details
Website
www.frumtak.isYear Founded
Investor Status
Trade Association
Primary Investor Type
Corporate Office
- Kringlunni 7
- Reykjavik, 103
- Iceland
Frumtak Ventures Investments (51)
Company Name | Deal Date | Deal Type | Deal Size | Industry | Company Stage | Lead Partner |
---|---|---|---|---|---|---|
Optise (Business/Productivity Software) | 09-Apr-2025 | Seed Round | Business/Productivity Software | Generating Revenue | ||
Smitten | 21-Mar-2025 | Social/Platform Software | Generating Revenue | |||
Avilabs | 15-Oct-2024 | Media and Information Services (B2B) | Generating Revenue | |||
Moombix | 20-Sep-2024 | Entertainment Software | Generating Revenue | |||
PLAIO | 14-Aug-2024 | Enterprise Systems (Healthcare) | Generating Revenue | |||
Treble | 27-Jun-2024 | Multimedia and Design Software | Generating Revenue | |||
Activity Stream | 23-Jan-2024 | Media and Information Services (B2B) | Generating Revenue | |||
Sidekick Health | 21-Dec-2022 | Other Healthcare Technology Systems | Generating Revenue | |||
Treble | 06-Dec-2022 | Seed Round | Multimedia and Design Software | Generating Revenue | ||
Abler (Business/Productivity Software) | 15-Sep-2022 | Later Stage VC | Business/Productivity Software | Generating Revenue |
Frumtak Ventures Exits (13)
Company Name | Exit Date | Exit Type | Exit Size |
---|---|---|---|
ATMO Select | 01-Nov-2022 | Secondary Transaction - Private | |
AGR Dynamics | 01-Oct-2021 | ||
TrackWell (Europe) | 01-Apr-2021 | ||
InfoMentor | 16-Mar-2021 | ||
Cintamani | 01-Feb-2021 | ||
MainManager | 18-Dec-2020 | ||
Controlant | 27-Nov-2020 | ||
Watchbox (Palo Alto) | 01-May-2019 | ||
Valka | 09-Mar-2018 | Secondary Transaction - Private | |
PM Endurvinnsla | 01-Mar-2015 | Out of Business |
Frumtak Ventures Investments by Industry, Year, and Region
Frumtak Ventures Co-Investors (29)
Name | With | Exits | Lead Partner | Series | Industry |
---|---|---|---|---|---|
Industrifonden | 1 |
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Novator Partners |
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UniCredit |
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Wellington Partners |
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Íslandsbanki |
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Frumtak Ventures FAQs
-
What is Frumtak Ventures?
Founded in 2008, Frumtak Ventures is a venture capital firm based in Reykjavik, Iceland.
-
When was Frumtak Ventures founded?
Frumtak Ventures was founded in 2008.
-
Where is Frumtak Ventures headquartered?
Frumtak Ventures is headquartered in Reykjavik, Iceland.
-
What is Frumtak Ventures's total asset value?
Frumtak Ventures has around
in total assets under management. -
How many investments has Frumtak Ventures made?
Frumtak Ventures has made 51 investments.
-
What has Frumtak Ventures invested in?
Frumtak Ventures has made numerous investments in companies like Optise (Business/Productivity Software), Smitten, and Avilabs within the Business/Productivity Software, Social/Platform Software, and Media and Information Services (B2B) industries.
-
What has Frumtak Ventures invested in recently?
Frumtak Ventures's latest investment was on 09-Apr-2025 in Optise (Business/Productivity Software), a company within the Business/Productivity Software industry.
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