Frumtak Ventures is an Icelandic venture capital firm that focuses on early-stage, innovative companies with high growth potential, primarily at the post-seed and Series A stages. The firm invests in companies that can become global leaders, with a particular emphasis on B2B SaaS, software, AI, and deeptech, and those demonstrating strong potential for international sales and expansion.
Their most common stage is seed (50% of deals). Average disclosed round size is $5.8M (across 6 rounds with reported amounts).
Portfolio
6
Fund Size
$300M
Top Stage
Seed
Last 12 Mo
2
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
6 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 MyDello | Unknown | $3.1M | Dec 2025 |
| EEuler | Seed | $2M | Nov 2025 |
| MMoombix | Seed | $2.4M | Oct 2024 |
| PPLAIO | Unknown | $4.3M | Aug 2024 |
| TTreble Technologies | Seed | $8M | Dec 2022 |
 Controlant | Series B | $15M | Sep 2020 |
Top Co-Investors
Superhero Capital1 shared
Last updated: 21 April 2026