Company Details

Frumtak Ventures is a Reykjavík-based venture capital firm specializing in early-stage investments, from seed to IPO. The firm adopts a high-conviction, concentrated investment approach, focusing on entrepreneurs addressing complex real-world challenges with advanced technologies, including software, AI, deep tech, and hardware components. While sector-agnostic, Frumtak Ventures has a strong track record in B2B SaaS startups at the seed or Series A stages. The firm’s typical initial investment ranges between €1 million and €3 million.

Relevant Funding Round

Company: Ankeri
Funding Round: Late Seed
Amount: €2 million
Date: October 2021

Maritime Portfolio

• Ankeri

News Highlight

• From Sea to Sky: Bennu’s UV Technology Looks to Remove Methane from Vessels’s Emissions
• AliciaBots: The Future of Eco-Friendly Hull Cleaning
• Seabound Technologies’ take on Carbon Capture for shipping
• TURTLE: Streamlining Maritime Recruitment with Transparency and Efficiency
• CargoKite: Autonomous Wind-Powered Vessels to Emission-Free Shipping
• Calcarea Technology: Innovation in Ocean Carbon Capture