Frumtak Ventures
Investor profile
Investment firmVenture capital
Frumtak Ventures has backed 21 European tech companies across 28 funding rounds between 2013 and 2026, joining rounds totalling €168M. Most active in Software and Fintech. Data as of Nov 2026.
Also recorded as: Frumtak
Deals
28
distinct rounds
Companies
21
backed
Active span
2013–2026
14 yrs
Total round €
€168M
sum of rounds joined
Deals by year
distinct rounds / yearFrumtak Ventures — deals by year — interactive chart.
Data table
| Frumtak Ventures — deals by year | |
|---|---|
| 2013 | 1 |
| 2015 | 2 |
| 2016 | 5 |
| 2017 | 1 |
| 2021 | 2 |
| 2022 | 6 |
| 2024 | 5 |
| 2025 | 4 |
| 2026 | 2 |
Top sectors
by dealsFrumtak Ventures — top sectors — interactive chart.
Data table
| Frumtak Ventures — top sectors | |
|---|---|
| Software | 14 |
| Fintech | 3 |
| Transportation | 3 |
| HRtech | 2 |
| Healthtech | 2 |
| AI | 1 |
| Media | 1 |
| Edtech | 1 |
| Travel | 1 |
Stages
by dealsFrumtak Ventures — stages — interactive chart.
Data table
| Frumtak Ventures — stages | |
|---|---|
| Other | 9 |
| Seed | 8 |
| Early VC | 4 |
| Series A | 4 |
| Series B | 2 |
| Pre-Seed | 1 |
Countries
by dealsFrumtak Ventures — countries — interactive chart.
Data table
| Frumtak Ventures — countries | |
|---|---|
| Iceland | 27 |
| Estonia | 1 |
Co-investment network
shared roundsCo-investment network — interactive chart.
Hover a node for shared-deal counts; click a co-investor to open its profile.
Best viewed on a larger screen.
Frequent co-investors
shared rounds- Velocity Capital3
- Kjolfesta2
- KOMPAS VC2
- Asabys Partners1
- Avant1
- Capital A Partners1
- Crealogix1
- Dr. Agon1
- DRD Investments1
- European Innovation Council (EIC)1
- European Investment Bank (EIB)1
- Export and Investment Fund of Denmark1
- Eyrir Invest1
- Hilmar Veigar Pétursson1
- Icelandic New Business Venture Fund1
- Iðunn Venture Fund1
- Industrifonden1
- Kvanted1
- Novacapital1
- Novator1
- NSA Ventures1
- Omega Funds1
- Paladin Capital Group1
- Shubert Organization1
- St. Gobain & L-Acoustics1
Portfolio
top 30 by total round €| Company | Country | Rounds | Total € |
|---|---|---|---|
| Sidekick Health | Iceland | 2 | €53M |
| Treble Technologies | Iceland | 3 | €32M |
| Meniga | Iceland | 3 | €20M |
| Activity Stream | Iceland | 1 | €12M |
| AviLabs | Iceland | 1 | €8.0M |
| 50skills | Iceland | 2 | €7.8M |
| Plaio | Iceland | 2 | €6.3M |
| Abler | Iceland | 1 | €3.7M |
| MyDello | Estonia | 1 | €3.1M |
| Kaptio | Iceland | 1 | €2.4M |
| Moombix | Iceland | 1 | €2.3M |
| Controlant | Iceland | 1 | €2.3M |
| Empower | Iceland | 1 | €2.2M |
| Ankeri Solutions | Iceland | 1 | €2.0M |
| Euler | Iceland | 1 | €2.0M |
| Optise | Iceland | 1 | €2.0M |
| Tulipop | Iceland | 1 | €1.8M |
| Spectaflow | Iceland | 1 | €1.7M |
| Data Dwell | Iceland | 1 | €1.1M |
| Heima | Iceland | 1 | €925k |
| Watchbox | Iceland | 1 | €378k |
Biggest deals
top 10 by amount| Company | Stage | Amount | Date |
|---|---|---|---|
| Sidekick Health | Series B | €52M | 2022-05 |
| Activity Stream | Other | €12M | 2024-01 |
| Treble Technologies | Series A | €11M | 2024-09 |
| AviLabs | Other | €8.0M | 2024-10 |
| Meniga | Other | €7.5M | 2017-04 |
| Meniga | Series B | €7.3M | 2016-08 |
| Treble Technologies | Seed | €5.5M | 2022-12 |
| Meniga | Series A | €5.0M | 2013-07 |
| Plaio | Other | €4.3M | 2024-08 |
| Abler | Seed | €3.7M | 2022-09 |