Frumtak sells its 11.33% stake in Controlant for $14.5m
Frumtak 1, one of the funds under management by Frumtak Ventures, has sold its 11.33% stake in Controlant for around $14.5m (a little under 2000m ISK,…
Meniga raises €7.5m led by Industrifonden
Fintech company Meniga just announced a €7.5m funding round led by Nordic investment fund Industrifonden. Previous investors – Velocity Capital, Frumtak Ventures and Kjölfesta – also…
Kaptio raises $2.6 million from Capital A and Frumtak 2
Kaptio, maker of Kaptio Travel, has raised a $2.6 million round from Frumtak 2 and Capital A Partners. Previous investors NSA and Kaskur also participated in the…
Frumtak 2 – one year later: $10.85 million in six investments
Roughly one year ago, GP’s at Frumtak announced the closing of their second fund, Frumtak 2. The fund is a 5 billion ISK ($38.5 million) fund focused…
Activity Stream secures ISK 270 million funding
Today Activity Stream announced it had secured a ISK 270 million (~$2 million) funding from investment funds Eyrir Sprotar, Frumtak 2, míó, Startup Reykjavik Invest and…
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…