Frumtak Ventures is a Reykjavík, Gullbringusysla, Iceland based venture capital firm founded in 2008 by Eggert Claessen and Svana Gunnarsdóttir.The firm invests in early stage growth companies and manages venture funds Frumtak 1 and Frumtak 2. The firm prefers to invest in Iceland based companies and investments are sector agonistic.
The notable investment portfolio of Frumtak Ventures includes Tulipop, Activity Stream, Data Dwell, Kaptio, Meniga, SidekickHealth, Valka, Watchbox, etc. As of February 2020, Frumtak Ventures has made 33 investments and had 6 exits.
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