frumtak

Empower secures a $2.29M funding round led by Frumtak Ventures

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 by Frumtak Ventures, an Icelandic VC firm. Tennin, an early-stage angel investment firm, also participated in the round. The

50skills raises $2.6 million from Frumtak Ventures

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 capital to scale its solution for global markets, beginning with high-turnover industries in the Nordics and UK. 50skills claims that it’s

Sidekick Health closes $55m Series B led by Novator Ventures

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 additional participation from Wellington Partners, Asabys Partners, and Frumtak Ventures, as well as a US-based strategic investor that will be revealed at a later

Spectaflow closes a $1.9M funding round led by Frumtak Ventures

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 planning and compliance to evolving international cleaning standards. The company, founded by Petur Orri Saemundsen, Erlendur Steinn Gudnason and Frans Veigar Gardarsson, currently has one

Plaio secures $2.25M funding from Frumtak Ventures

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 company announced it’s $2.25M pre-series A investment round by Frumtak Ventures. Plaio was founded by Jóhann Guðbjargarson in May, building on a

Ankeri raises $2.3m in seed funding from Frumtak Ventures

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 shipping supply chain, it still represents 3% of total global greenhouse gas emissions and consumes more than $150bn in fossil fuel annually. Ankeri

Svana Gunnarsdóttir

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, the exact amount is undisclosed), to a group of Controlant’s current investors led by Investco ehf. The transaction values the company