Frumtak Ventures

Great interview in Health Tech World with Sidekick Health's CEO, Tryggvi Thorgeirsson, MD, about its vision to crack the challenge of personalized health at scale 🙌

In case you missed our fund announcement last week, here's a #roundup of the big news. Thank you to all the amazing journalists for the coverage 🗞 TechCrunch: https://tcrn.ch/3SdgXYJ VentureBeat: https://bit.ly/3W0aCkk Tech.eu: https://bit.ly/3LowRvE Sifted: https://bit.ly/3W6tgr4 EU-Startups: https://bit.ly/3LqdUIK TNW: https://bit.ly/3Y2UX6J ArcticStartup: https://bit.ly/3LtUz9M

We're thrilled to share the closing of our fourth fund, Frumtak IV, at EUR 80 million 💰 We couldn't be more excited to continue to partner with founders with the potential to become global leaders in their space and define their category. Up and onwards 🚀 https://lnkd.in/gq4HP-gy #frumtakventures #frumtak #startups #iceland #vc Svana Gunnarsdottir, Asthildur Otharsdottir, Frodi Steingrimsson, Andri Heiðar Kristinsson, Brynja Ísfeld Eyjólfsdóttir, Rakel Sigurðardóttir, Lucy Friedmann

Hello world :) The Frumtak Ventures team is excited to share our new, refreshed brand and website today 😍 Let us know what you think!

Congrats Sidekick Health & PINK gegen Brustkrebs GmbH on joining forces! We couldn't be more excited about what you will achieve together supporting breast cancer patients with digital solutions 🙌

Great interview with Iceland's Minister of Innovation, Áslaug Arna Sigurbjörnsdóttir, and an overview of the vibrant Icelandic startup ecosystem by Anna Heim at TechCrunch 🇮🇸 Key highlights: 👉 Ecosystem is punching above its weight and attracting global attention and capital 👉 Strong support network of accelerators, VCs, business angels and grassroots initiatives 👉 Innovation is built on top of strong pillars of the economy such as ocean technology, tourism, clean energy, gender equality, health tech and so much more

Happy Iceland Innovation Week 😍 Today marks the first day of the official program of this week to celebrate entrepreneurship and innovation in Iceland. Over 100 events are on the official agenda and side events throughout the city. We couldn't be more excited to participate in the program and meet locals and visitors from all over the world this week. Here are a few highlights of the agenda where our team at Frumtak Ventures and our portfolio companies are participating in. See the full agenda here 👉 https://lnkd.in/efphDP4B 👉 Our team is hosting the official lunch at Investor Day 👉 It takes a village: Community support for startup resilience - Finnur Pind from Treble Technologies 👉 Inclusive Funding: Shaping the future with female and non-binary leaders - Thorey V. Proppe (she/her) from Alda 👉 Orf Genetics: Cultivated meat and Seafood panel moderated by our own Asthildur Otharsdottir partner at Frumtak 👉 Innovation and investments in travel technology - Our own Andri Heiðar Kristinsson partner at Frumtak 👉 Generation mix-up: Karaoke & drinks! hosted by Alda 👉 50skills & GRID: Discover the art of automation over Craft beer hosted by 50skills and GRID 👉 500 students at Reykjavik University pitching their ideas at the largest entrepreneurship class in the country where our own Andri Heiðar Kristinsson is in the panel of judges. 👉 And so so much more....

Á dögunum var haldinn lokadagur viðskiptahraðalsins Hringiðu þar sem 9 teymi kynntu viðskiptahugmyndir sínar tengdar hringrásarhagkerfinu. Hraðalinn er í umsjón KLAK - Icelandic Startups og í panel sátu fjárfestarnir Andri Heiðar Kristinsson frá okkur í Frumtak Ventures og Jenny Ruth Hrafnsdottir frá Crowberry Capital. Innilega til hamingju með flottar hugmyndir öll 👏 Við hlökkum til fylgjast áfram með.

Congratulations to all of the inspiring women role models recognized on this list of top women from VC and startup ecosystem in Iceland, including our portfolio founders and CEOs Thorey V. Proppe (she/her) and Sigyn Jonsdottir (she/her) from Alda and Þórhildur Gunnarsdóttir from Sweeply, along with our very own partners Svana Gunnarsdottir and Asthildur Otharsdottir 😍

We're excited to share some great news about our portfolio company Controlant which recently appointed Søren Skou, former CEO of Maersk, as their new chairman of the board. Søren who also joined as an investor brings in a wealth of experiences to help make a positive impact on the global pharma supply chain 🚀 In this article, he highlighted a few reasons for joining forces with Controlant: 👉 "The first reason is what Controlant does—the mission of the company to facilitate more efficient distribution of pharma products, medicines, and vaccines to the world, while avoiding spoilage, reducing waste, and helping their customers achieve better visibility into their supply chains." 👉 "The second thing for me is the technology that Controlant has developed. It’s a very interesting data platform that the company has built. Customers are embedding the data and the digital platform into their own systems which results in long-lasting customer relationships. 👉 The third reason is Controlant’s customer engagement. “I see a lot of customers who are investing their time and effort in Controlant, in co-developing solutions with the company." 👉 Fourth: "What really got me excited about Controlant is the team, both the leadership team and the many colleagues I have met who are incredibly motivated and engaged." 👉 Fifth: "If I were to mention a fifth reason, it is really around the potential of the company. If we can solve some of these supply chain issues in pharma, I am confident that we can also solve them in other industries."