Empower secures a $2.29M funding round led by Frumtak Ventures
Empower, an Icelandic DE&I (Diversity, Equality & Inclusion) firm focused on equality in the workplace, today announced it has secured $2.29m in funding. The funding round is led…
50skills raises $2.6 million from Frumtak Ventures
50skills, an Icelandic HR SaaS and new-hire onboarding solution, today announced it has secured $2.6 million in funding, led by Frumtak Ventures. 50skills will leverage the fresh…
Sidekick Health closes $55m Series B led by Novator Ventures
International digital therapeutics leader Sidekick Health today announces that it has raised $55 million in Series B funding. The round was led by Novator Ventures, with…
Spectaflow closes a $1.9M funding round led by Frumtak Ventures
Spectaflow, which was founded in 2019 offers a SaaS solution for hotel and vacation rental property management, focused on improving cleaning and maintenance workflows, staffing planningand…
Plaio secures $2.25M funding from Frumtak Ventures
Plaio is an Icelandic software startup that digitizes demand, manufacturing, and purchase planning for generic pharmaceutical manufacturers, for agile manufacturing operations and precision product output. The…
Ankeri raises $2.3m in seed funding from Frumtak Ventures
90% of global shipped goods are transported by some 50,000 marine transport vessels. While the marine transport industry presents itself as the most environmentally-friendly in the…
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…
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