11
Total investments
0
Early stage
3
Mid stage
2
Late stage
18y
Years active
Portfolio
9 investments · sorted by recency
All investments
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Mid stage
Late stage
N
Board Member
May 2019
Nordic Venture Network is a venture capital & private equity company based out of 13Hamngatan, Stockholm, Stockholm County, Sweden.
Board Observer
May 2019
Sidekick Health is a digital therapeutics company that helps people prevent and manage chronic diseases. Our approach combines behavioral economics, gamification, and artificial intelligence for an engaging experience that removes barriers to health behavior change and expands the possibilities of well-being. Together with our pharmaceutical and insurance partners, we design personalized lifestyle change programs that improve health outcomes and treatment adherence, create connections between patients and clinicians, and deliver data insights into some of the world's most pressing health challenges.
Board Member
Sep 2018
Framvís / Venture Capital Association of Iceland is a trade association for venture capital and angel investors in Iceland.
Board Member
Apr 2014
Meniga is a global leader in digital banking solutions, serving over 100 million banking customers across 165 financial institutions in 30 countries spanning Europe, North America, the Middle East and Asia.
Our customers include some of the most influential banks of these regions, such as UniCredit, Groupe BPCE, UOB, Swedbank, SAB, Tangerine, and Crédito Agrícola.
Our award-winning products enable large financial institutions to transform their online and mobile digital environments with minimal investment within weeks, not years. Meniga has developed a framework for next-generation digital banking around advanced data consolidation and enrichment and AI-powered Insights, allowing banks to hyper-personalise the digital banking experience. Our state-of-the-art finance management solutions position Meniga as the chosen orchestration platform for enabling neobank-grade customer experiences.
Meniga is a six-time winner of “Best of Show at Finovate Fall and Finovate Europe, “Best Digital Banking Vendor” at the Banking Tech Awards, “Best Company” at the European FinTech Awards and has been featured three times on the FinTech50 list. Meniga’s offices are in London, Reykjavik, and Warsaw with plans for ongoing expansion into new markets globally.
Board member
Apr 2013
Outdoor Clothing - Designed and tested in Iceland.
Iceland is widely known as one of the largest active volcanic islands on earth. The eruptions in Iceland are magnificent and so is the weather which has many different faces, some of whom that can be rather extreme. Weather is a large component of the life of Icelanders as it can consist of everything from snowy mornings in June, forceful hails in December and of course our famous midnight sun. In a country where it is not considered newsworthy when the weather changes from clear and sunny skies to rain, sleet or snow in under an hour, dressing appropriately becomes a balancing act and a daily challenge. The Icelandic people therefore know, better than most, how to combine practical everyday apparel with great style. Based on these talents Cintamani has developed a good feeling for beautiful outdoor clothing with a fashionable twist.
The weather conditions here in Iceland make our little island an excellent place for the manufacturers of outdoor clothing to test their products. For over 20 years Cintamani has been shaping the Icelandic clothing style by combining under one label, high-tech fabrics and modern style for both women, men and children. “Dress Code Iceland” is therefore an appropriate slogan for the Cintamani label.
Board member
Oct 2011
DataMarket helps professionals find and understand data. We bring complex and diverse data together in one place and one format so it can be searched, compared, visualized and shared – across teams, organizations or with the world.
DataMarket gives enterprises a comprehensive view of their business environment. With syndicated, proprietary and public data at users’ fingertips, plans and decisions are based upon the best information available. Information companies use our technology to deliver data more efficiently and make it more engaging and valuable to their customers.
DataMarket is licensed to enterprises and data publishers as a white-label SaaS solution and includes seamless access to our ever-expanding collection of facts and figures from leading global data providers. Creating an individual account on datamarket.com is free, so anyone can search and visualize public domain data, upload their own, purchase premium content, and share their findings.
Board member
Jun 2011
Fair play in music
gogoyoko is a social music marketplace where music fans can buy direct from the artists.
Artists:
You are in control
Sign up for free. Upload your songs, albums and artwork. Decide the price. Start selling and promoting your music worldwide on gogoyoko.
Fans:
Buy & Download
Buy your music straight from the source and support your favourite artists. Play DRM-free tracks anywhere you like. Archive and access online.
Board member
Jun 2010
HIGH-PERFORMANCE FISH PROCESSING
Valka is a high-tech company that assists Whitefish and Salmon processors in improving their performance with advanced machinery, software, and integrated solutions.
With roots in Iceland and Norway, Valka offers expert knowledge in bringing high-tech to fish processing in order to achieve excellence in raw material utilization and ROI.
With innovation at heart, an agile work environment, Valka has in close collaboration with the customers created some revolutionary products.
We offer a broad range of products, emphasizes long-term business relationship standard and is devoted to service.
Board member
May 2008
Nikita was born with a few handmade items based out of Iceland in the 1990s, and today has become one of the most popular brands for active girls worldwide. With its design based in Iceland and brand headquarters now based in Portland, Oregon, Nikita's collections in street, outerwear, and hardgoods provide a contrast of design, style, and functionality. Fit for purpose and made to resonate with similarly motivated, spirited, creative, and entrepreneurial women worldwide.
Experience · 15 entries
All (15)
Investments (11)
Founder (2)
Board (11)
2019
N
Board Member
May 2019
Nordic Venture Network is a venture capital & private equity company based out of 13Hamngatan, Stockholm, Stockholm County, Sweden.
Board Observer
May 2019
Sidekick Health is a digital therapeutics company that helps people prevent and manage chronic diseases. Our approach combines behavioral economics, gamification, and artificial intelligence for an engaging experience that removes barriers to health behavior change and expands the possibilities of well-being. Together with our pharmaceutical and insurance partners, we design personalized lifestyle change programs that improve health outcomes and treatment adherence, create connections between patients and clinicians, and deliver data insights into some of the world's most pressing health challenges.
2018
Board Member
Sep 2018
Framvís / Venture Capital Association of Iceland is a trade association for venture capital and angel investors in Iceland.
2015
Board Member
Oct 2015
Founded inside Toyota Iceland in 1990 and expanding globally from our UK-based international development office, Arctic Trucks combines innovative expedition-proven engineering with the Icelandic spirit of adventure, to create ultimate off-road vehicles with un-matched mobility characteristics over all terrains.
Arctic Trucks have conquered the world’s harshest environments, with over 340,000 km covered on the Antarctic plateau, reaching the South Pole over 50 times and providing the vehicles for BBC Top Gear’s famous adventure to the Magnetic North Pole.
Compared to conventional tracked vehicles, Arctic Trucks polar solutions offer the significantly increased traversing speeds, drastically reduced fuel consumption and minimal environmental footprint that our scientific and expeditionary clients now demand.
Arctic Trucks is THE chosen partner to many of the world’s leading OEMs, building excitement, interest and ‘halo’ demand around their core 4x4 product offerings. Arctic Trucks are sold globally through official OEM dealer networks with full warranty and type approval.
With facilities in the UK, Iceland, Norway, UAE, Russia, Poland, Finland and beyond. This market is fuelling our growth as we venture into new markets and seek new partners to bring Arctic Trucks to new customers.
The specialist vehicles business takes Arctic Trucks’ extreme mobility, engineering and systems integration experience to produce vehicles for a variety of bespoke requirements.
Arctic Trucks is now privately owned and produces around 1,000 Arctic Trucks per year which vary from ‘halo’ pick-up modifications to Earth-conquering polar vehicles which will spend their entire lives in Antarctica.
Founding Partner
Feb 2015
Frumtak Ventures manages venture funds Frumtak 1 and Frumtak 2. The LPs of these funds are predominantly pension funds as well as some additional stakeholders in Iceland.
Frumtak 1 is fully invested. Frumtak 2 invests in early stage /early revenue companies that are post-seed and show great potential for growth. Frumtak Ventures has the objective to invest in companies that can become leaders in their field so they not only show good returns but contribute to improve the society in which they operate.
Frumtak Ventures invests in entities in Iceland and has the ability to invest abroad as a part of the expansion of its portfolio companies internationally. The venture firm does not have a specific industry focus. However, it investments in companies that show great growth potential in specific industry sectors.
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Investment activity
2008–2019 · 11 investments
Recent (last 2 years)Earlier
