Team S on Newnex: Frumtak Ventures has closed its fourth fund…

Frumtak Ventures has closed its fourth fund, Frumtak IV, at $87…

Team S · 2024-07-17T06:47:35.000Z

Frumtak Ventures has closed its fourth fund, Frumtak IV, at $87 million, focused on early-stage investments . The fund is led by co-founder and managing partner Svana Gunnarsdóttir. The investment team targets companies in sectors such as B2B SaaS, software, AI, and deeptech, with a special interest in Iceland's strengths like ocean tech, healthcare, energy, and climate. Investors include both new and existing supporters. Geographically, the focus is on Iceland and the Nordic region, particularly at the seed and Series A stages. https://tech.eu/2024/07/10/icelandic-frumtak-ventures-closes-fourth-fund-at-87m/

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Team S on Newnex: Frumtak Ventures has closed its fourth fund…