Frumtak Ventures
Icelandfrumtak.is
Overview
Frumtak Ventures is an early-stage venture capital fund based in Iceland. They champion founders who have demonstrated early traction and have the potential to become global leaders in their space. They take a concentrated, high-conviction, and high-involvement approach to investing and dedicate themselves to collaboratively work with their portfolio companies from the seed stage through IPO.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| MyDello | Dec 2025 | VC Round | Lead |
| Euler | Nov 2025 | Seed | Lead |
| Optise | Apr 2025 | Pre Seed | Lead |
| Treble Technologies | Sep 2024 | Series A | Co-investor |
| PLAIO | Aug 2024 | Series A | Co-investor |
Key People
Andri Heiðar Kristinsson
General Partner
Asthildur Otharsdottir
Partner
Frodi Steingrimsson
Chief Legal Officer, Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
