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Venture capital firm

Frumtak Ventures

Early-stage venture capital fund in Iceland backing founders who show early traction and international potential

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  • Digital
  • Stellenbosch
  • Rotterdam
  • Reykjavík
  • +13 more
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About Frumtak Ventures

Frumtak Ventures is a venture capital fund from Iceland that invests at an early stage. Its focus is on founders who already show some traction and could grow beyond the home market. The firm works with its portfolio companies from the seed stage through to a possible stock market listing.

What Frumtak Ventures does

  • Early-stage funding: investment in young companies, with a concentrated and hands-on approach.
  • Partner involvement: the team says it acts as a working partner after a deal is signed, not only as a source of money.
  • Consensus-driven decisions: founders pitch to all partners and to a board of business leaders before a decision is made.
  • Early conversations: a first meeting can happen before a polished pitch deck or prototype exists.

Who it serves

Founders in Iceland with potential to grow internationally. Portfolio companies named by the firm include software businesses in health, travel, sport, hospitality and banking.

Key facts

  • Based in: Iceland
  • Stage: seed onwards
  • Approach: concentrated and high-involvement, with a consensus-based process

Profile written by TrustList from the business's own published information, Oct 2026.

Categories & features

  • Digital
  • Stellenbosch
  • Rotterdam
  • Reykjavík
  • York
  • Travel
  • Banking
  • Management
  • Driving
  • New York
  • Simulation
  • Digital Asset Management
  • Asset Management
  • Onboarding
  • SaaS
  • Marketing
  • SEM

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