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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

26

Investments

Crowberry Capital investments
CompanyDateStageLead
Snerpa PowerAug 2026SeedCo-investor
QuanscientMay 2026Series ACo-investor
NumeOct 2025SeedCo-investor
Scaleup FinanceOct 2025Early FundingCo-investor
DreamdataOct 2025Series BCo-investor

Key People

Helga Valfells

Founding Partner & General Partner

Jenny Ruth Hrafnsdottir

Founding Partner

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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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
2022
2023
2024
2025
2026

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FAQ

Firmographic Details

HeadquartersReykjavík, Capital Region
Year FoundedN/A

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