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brunnur

Brunnur – one year later: $3.2 million in two investments

Last week we dug into Frumtak 2’s investment and funds and this time around we’re looking at Brunnur. Brunnur is a 4 bn ISK (~$31 million) fund, focused mainly on various technology sectors as well as food production. We covered the fund in more detail last year. Investments

ATMO Select, provider of in-store music, closes $1.5 MM Series A

ATMO Select just announced a $1.5MM (ISK 200 million) Series A funding round from Brunnur. The company, which provides in-store music for businesses, was previously operated as Gogoyoko, a music streaming platform. In 2013 the company rebranded to ATMO Select and refocused, working to enable retailers to customise music

ARK Technology completes ISK 300 million financing round

ARK Technology just announced the closing of a financing round of ISK 300 million (~$2.3 million). The round is led by Brunnur, one of the new funds announced earlier this year, and is the first investment announced from that fund. Sigurður Arnljótsson and Helgi Júlíusson from Brunnur and Landsbréf

Milljarðar króna í nýsköpun: Hvernig virka nýju sjóðirnir?

Í vor tilkynntu þrír rekstraraðilar um að hafa lokið fjármögnun á jafn mörgum sjóðum sem ætlaðir eru til fjárfestinga í nýsköpunar- og sprotafyrirtækjum. Samanlögð fjárhæð sem mun fara í fjárfestingar er 11,5 milljarðar króna og munu sjóðirnir fjárfesta í fyrirtækjum á mismunandi vaxtarstigum. Til að setja íslensku sjóðina í