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Venture capital firm

Thule Investments

An Icelandic investment firm managing venture and private equity holdings across Iceland, Europe and the US

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  • Management
  • Europe
  • Venture Capital
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TrustList summary

Thule Investments is a Reykjavík management firm that runs holding companies and private equity portfolios. Its investments span Iceland, Europe and the United States.

What Thule Investments offers

  • Venture capital: manages Bru Venture Capital ehf, one of its currently active entities.
  • Property holdings: manages Fögrusalir ehf, also known as Bru Realty.
  • Portfolio management: oversees holding companies and private equity stakes across its three regions.

Clients

It invests in companies in Iceland, Europe and the east coast of the United States.

Key facts

  • Based in: Reykjavík, Iceland
  • Leadership: Dr Gísli Hjálmtýsson, a former Dean of Computer Science and Engineering at Reykjavík University with a research career at AT&T and an earlier post as a venture fund manager
  • Operations: Jakob Helgason, a lawyer admitted to the bar in Iceland, joined as Chief Operating Officer and Associate Partner in 2021

Summary written by TrustList from the business's own published information, Sep 2026.

Categories & features

  • Management
  • Europe
  • Venture Capital

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