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frumtak

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 participated in the round. From TechCrunch: “Today’s banks are under pressure to innovate and improve their customer experiences online and yet they are beholden

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 round. Kaptio creates Kaptio Travel, a plug in for SalesForce, designed to help travel professionals manage their work in the cloud. Kaptio

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 on investing in companies that are past their seed stage and show promise of growth and expansion. For more info about

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 danish fund Seed Capital. Activity Stream was founded in 2013, and subsequently took part in the Startup Reykjavik Accelerator, batch 2013. Activity Stream develops

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