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Crowberry Capital

Crowberry Capital

Reykjavík, Capital Regioncrowberrycapital.com

Overview

Crowberry Capital is a venture capital firm with offices in Reykjavík, Copenhagen, and Stockholm that invests in seed and early-stage technology startups across the Nordic region. Founded in 2017, the firm focuses on a wide range of sectors including SaaS, Healthtech, Fintech, and Gaming. The firm was founded by Hekla Arnardóttir, Helga Valfells, and Jenny Ruth Hrafnsdóttir. Crowberry Capital launched its first fund of $40 million in 2017 and a second fund of €90 million, which had a final close in 2023.

Portfolio Companies

14

Investments

CompanyDateStageLead
QuanscientMay 2026Series ACo-investor
Scaleup FinanceOct 2025Early FundingCo-investor
DreamdataOct 2025Series BCo-investor
Augmented HearingMay 2025SeedLead
QuanscientNov 2024Series ALead
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Key People

Jenny Ruth Hrafnsdottir

Founding Partner

Sector & Stage Mix

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
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2026

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FAQ

Firmographic Details

HeadquartersReykjavík, Capital Region
Year FoundedN/A

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