Frumtak Ventures

Venture Capital
$6Mraised by its portfolio in 12 months
20open roles in its portfolio
19investments
50+people

Overview

Frumtak Ventures is an early-stage venture capital fund manager based in Iceland. It invests in local technology and innovation companies with global potential, typically backing founders who have demonstrated early traction and helping them scale internationally. The firm was founded in 2009 and is headquartered in Reykjavik, making it one of the longest-running venture investors in Iceland.

Key facts

These are the key facts about Frumtak Ventures on Alion as of Nov 13, 2026. Frumtak Ventures is headquartered in Reykjavík, Iceland. It was founded in 2009.

Headquarters
Reykjavík, IcelandAlion company profile, updated Sep 17, 2026
Founded
2009Alion company profile, updated Sep 17, 2026
Employees
50+Alion company profile, an estimated range

Investor profile

Venture capital
Investments
19
12 of them startups
Hiring now
6
20 open roles
Deals in 12 months
1
1 as the lead
Rounds in 12 months
2
$6M raised
Focusshare of its companies
Software 40%Events & Ticketing 20%Transportation & Logistics 20%Sports 7%Sales & Marketing 7%Hardware 7%Financial Services 7%Artificial Intelligence 7%
Where its companies are
Iceland 37%Denmark 5%Estonia 5%
Stage of its companies
Pre-seed & seed 67%Series A 33%
Its companies, the freshest money firstAll 19 investments
50skillsVenture round $6M · 1 mo ago · led a round · 2 roles MenigaVenture round · 3 mo ago · 5 roles MoombixSeed $2.5M · 2 yr ago AnkeriSeed $2.2M · 5 yr ago Sidekick HealthVenture round · 5 yr ago · 2 roles Treble Technologies6 roles Abler4 roles Controlant1 role Smitten Tulipop Official Store Optise MyDello
20 open roles at 6 of its companies
Similar investorstheir companies share markets and countries
The Utopia Studio
Sources: its portfolio page, read Nov 3; 1 rounds in the press that name it

Offices

Where the company hires and what each office is for
Cities
1
Hiring now
0
Countries
1
Reykjavík Iceland
HQ
50-200 est. staff

How to cite this page

Alion, "Frumtak Ventures: key facts", as of Nov 13, 2026. https://alion.io/company/frumtak-ventures

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