Frumtak Ventures

Congrats to our portfolio company Alda which recently announced its landmark partnership contract with Aker Solutions in Norway 🇳🇴 Alda, which is recognized by Gartner as a technology provider in DEI goals and assessments, is an emerging category leader helping progressive companies worldwide to reach their goals in terms of inclusion and diversity 👏 Congrats Thorey V. Proppe (she/her), Sigyn Jonsdottir (she/her) and team!

We're thrilled to announce our seed investment in Moombix to scale its online music learning platform 🎶 Moombix is a music education platform enabling adult hobbyists and those with professional aspirations to have one-on-one online classes with expert teachers – offering instrument learning, voice coaching, DJing, as well as production and publication. Heartfelt congratulations to the founding team Margret Juliana Sigurdardottir, Svanhvit Fridriksdottir, Aleksandar Arsovski and welcome to the Frumtak Ventures family - we couldn't be more excited about our partnership 🔥

We're beyond excited to share our latest investment in AviLabs, the creators of game-changing airline disruption management platform Plan3, with participation from previous investors and colleagues at Brunnur Ventures. Passenger disruptions are estimated to cost the global airline industry $60 billion annually and Avilabs is in a key position to become a category leader in the space which is ripe for disruption through digital transformation. Its customer-centric and API-first product suite is already powering passenger disruptions- and communications for some of the world's leading airlines and is just getting off the ground. Sveinn Akerlie, Simon Dempsey, Steinar Karl Kristjánsson, and the entire Avilabs team - welcome to the Frumtak Ventures portfolio family! We couldn't be more excited about leading your 8M EUR round and for our partnership taking off 🛫 👉 https://lnkd.in/gC2Xdmjf 👉 https://www.plan3.aero/

We're in awe after our annual Frumtak Ventures portfolio day - big thank you to all of our inspiring founders and local investor community 🙏 Together we spent an afternoon and evening filled with stories, insights, and excellent conversations. Our theme this year was "looking inwards" to explore the challenges behind the scenes and have an honest conversation about the struggles of navigating the ups and downs of being a founder. 👉 Andri Heiðar Kristinsson shared data and insights into the fundraising outlook in the Nordics and Europe. 👉 Haraldur Thorleifsson shared his journey from Silicon Valley and back home to Iceland after selling his startup Ueno to Twitter. 👉 Finnur Pind shared how he successfully closed a strong 10M+ series A in a challenging fundraising landscape. 👉 Johann Gudbjargarson, Finnur Pind, and Asthildur Otharsdottir discussed fundraising tips and tricks in a lively panel discussion. 👉 Hjalmar Gislason and Svana Gunnarsdottir discussed "the things we never talk about" in a deeply honest fireside talk. Thank you to all of our speakers and participants in our portfolio day 🙌

Our Founding and Managing Partner Svana Gunnarsdottir took part in an awesome panel at LSX - partnering for Life Science eXecutives Nordic Congress. Lively and engaging conversation about what is driving investment in Digital Health and Medical Devices in the Nordics with fellow panelists Nicolas Bouchet, Mads Lacoppidan, Ravi Srivastava, and Jonathan Ilicki 🚀

Super excited to join LSX - partnering for Life Science eXecutives Nordic Congress in Copenhagen this week as a speaker on behalf of Frumtak Ventures. Looking forward to a great discussion with my fellow panelist Jonathan Ilicki from Industrifonden, Mads Lacoppidan from Export and Investment Fund of Denmark, Shwetank Verma from Leo Capital and Nicolas Bouchet from Healthtech Hub Copenahagen. We will be discussing what is driving Investments in Digital Health and Medical Devices in the Nordic Region. 🚀....and much much more. Find out more: https://lnkd.in/eF69a2X6

We're thrilled to share that private equity fund VEX ehf. along with a strong group of private co-investors has acquired a majority stake in Kaptio from Frumtak Ventures and other shareholders. We've had a very fruitful partnership with the entire Kaptio team over the past eight years since we first invested and we continue to be very bullish on Kaptio's growth journey forward as a global leader in travel tech for multi-day travel brands. Congrats!🥳 Vidar Svansson, Steini (Steingrímur) Helgason, Ragnar Fjölnisson, Arnar Laufdal Olafsson and team Kaptio https://lnkd.in/gi2tyTwi

Congratulations to our very own Andri Heiðar Kristinsson partner at Frumtak Ventures for being selected into the Nordic 100 list for 2024. The list recognizes the 100 most influential figures in the Nordic tech scene each year and was announced at TechBBQ in Copenhagen last week 🏆 #nordic100 #nordictech #techbbq #nordicweb #iceland #startups

Thank you for yet another fantastic TechBBQ in Copenhagen 🇩🇰 Team Frumtak Ventures had a great event full of inspiration, fruitful meetings, new connections, and catching up with friends from the Nordics and beyond - we already look forward to next year's event 🚀 #techbbq #startups #nordics Frodi Steingrimsson Svana Gunnarsdottir Andri Heiðar Kristinsson

We're looking forward to joining TechBBQ in Copenhagen next week! Svana Gunnarsdottir, Andri Heiðar Kristinsson and Frodi Steingrimsson from team Frumtak Ventures will be around. Let us know if you'd like to meet up! See you soon in 🇩🇰