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Top 30 Enterprise VC (Venture Capital) Funds in Iceland in November 2024

A list of 30 VC (Venture Capital) funds that invest in Enterprise startups based in Iceland. We rank investors based on the number of investments they made in Enterprise companies from Iceland. We update this investor list every month.

Top 30 Enterprise VC (Venture Capital) Funds in Iceland in November 2024

Investor Enterprise Iceland investments
New Business Venture Fund 17
Frumtak Ventures 14
Brunnur Ventures 6
Crowberry Capital 4
Preceptor Capital 2
Saint-Gobain NOVA 2
Omega Algae 1
Baliopharm 1
Eyrir Venture Management 1
Faber 1
L-Acoustics 1
Omega ehf 1
KOMPAS VC 1
Shubert Organization 1
Eyrir Invest 1
Export and Investment Fund 1
Two Ravens 1
Innoport 1
Seed Capital 1
Capital A Partners 1
Probiocon 1
Teya 1
Menlo Ventures 1
Idlewild Management 1
MD ONE Ventures 1
Riverstone Ventures 1
Sukna Ventures 1
Eyrir Vöxtur 1
byFounders 1
Karma Ventures 1
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Investor list
New Business Venture Fund VC Fund · Reykjavík, Gullbringusysla, Iceland
The New Business Venture Fund is an evergreen investment fund that actively contributes to the development and growth of the Icelandic economy by investing in promising innovation and start-up companies.The New Business Venture Fund invests at seed and early stage in promising growth companies with great business ideas and strong management anddevelopment teams.The New Business Venture Fund is a state owned investment fund intended to strengthen and develop the Icelandic venture capital market along with promoting startups and business in Iceland thus encouraging economic growth.
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Investment focus
  • Software, Health Care, Medical
  • Seed, Funding Round, Series A
  • Iceland, United States, China
Portfolio highlights
  • HorseDay — HorseDay is a mobile application to track horse activities.
  • Spectaflow — Spectaflow is a SaaS solution for accommodations businesses focused on improving housekeeping and maintenance workflows
  • PayAnalytics — PayAnalytics, a leading pay equity and workforce analytics solution, aids companies in closing pay gaps and fostering workplace equity. Ensure compliance with pay transparency regulations, assess wage disparities, and analyze workforce demographics conveniently.
Frumtak Ventures VC Fund · Reykjavík, Gullbringusysla, Iceland · 4 investments in the past 12 months
At Frumtak Ventures, we champion founders who have demonstrated early traction and have potential to become global leaders in their space. We take a concentrated, high-conviction, and high-involvement approach to investing and dedicate ourselves to collaboratively work with our portfolio companies from the seed stage through IPO. Our initialticket size usually ranges from €1 million to €3 million.
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Investment focus
  • Software, Information Technology, Enterprise Software
  • Seed, Funding Round, Series A
  • Iceland, United States, United Kingdom
Portfolio highlights
  • PLAIO — The only AI-assisted decision-making platform developed for pharmaceutical manufacturing
  • Moombix — Join us for the launch of our advanced learning platform for online music lessons
  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
Brunnur Ventures VC Fund · Reykjavík, Gullbringusysla, Iceland · 2 investments in the past 12 months
Brunnur Ventures is a top venture capital firm in Iceland for startups with high-growth potential.
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Investment focus
  • Software, SaaS, Gaming
  • Seed, Series A, Funding Round
  • Iceland, United States, Denmark
Portfolio highlights
  • AviLabs — AviLabs specializes in software development in aviation.
  • Laki Power — We supply power grid operators with advanced high-voltage line monitoring stations that enable them to optimise performance, safety and cost.
  • Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
Crowberry Capital VC Fund · Reykjavík, Gullbringusysla, Iceland · 4 investments in the past 12 months
Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.
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Investment focus
  • Software, Information Technology, Gaming
  • Seed, Series A, Pre-Seed
  • Iceland, Denmark, Finland
Portfolio highlights
  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
  • Social First — We create games that are social experiences, span decades and extend beyond gaming; giving our players platforms to create meaningful relationships with people all across the world.
  • Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
Preceptor Capital VC Fund
Preceptor Capital is an investment firm.
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Investment focus
  • FinTech, Computer, Software
  • Seed, Series A
  • Iceland, United States
Portfolio highlights
  • Anonybit — Revolutionizing identity management platform with strong authentication across the user lifecycle without compromising on user privacy or data securityKeywords: identity management, strong authentication
  • Lucinity — Money laundering is the crime that fuels crime. Lucinity's mission is to Make Money Good® by combining the best of human and artificial intelligence. Lucinity uses Human AI to help banks fight financial crime more efficiently. By designing its AML platform around man and machine, Lucinity allows banks to increase their AML programs'productivity.Lucinity identifies suspicious activity through its proprietary behavior detection system. The approach is entirely risk-based and allows customers to control their risk exposure before efficiently reviewing AML alerts in the Lucinity Case Manager.The company was founded by industry veterans. The core team has experience from Tier-1 banks, international regulators, and leading legacy vendors. Lucinity takes great pride in being the enterprise-ready AML startup that brings the novelty and excitement of a startup and the professionalism and experience of an incumbent.
Saint-Gobain NOVA VC Fund · Courbevoie, Ile-de-France, France
Saint-Gobain NOVA is the ventures arm of Saint‑Gobain.
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Investment focus
  • Software, Industrial Manufacturing, Energy
  • Seed, Series B, Funding Round
  • United States, Germany, Switzerland
Portfolio highlights
  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
  • Plantformance — Accelerate your Industry 4.0 journey by simplifying the adoption of advanced technologies across your organization and empowering the rapid creation and deployment of innovative industrial applications.
  • Enteligent — Enteligent is a solar product company focused on higher efficiency and harnessing more solar electricity. Enteligent's products reduce conversion losses and other inefficiencies that result in up to a 25% loss of solar rooftop electrical generation. Enteligent is on a mission to increase the effectiveness of solar electricity and providehomeowners with energy independence.
Omega Algae VC Fund · Hveragerði, Arnessysla, Iceland
Omega Algae Iceland emphasis to become a global, innovative, cost-effective and sustainable supplier of high quality ingredients extracted from Algae.Omega Algae, based in Iceland, emerged from an initiative of five founders who developed specific systems to maximize the utilisation of the resources supplied by nature to grow one of the oldestand essential organisms in the existence of life on earth. Realizing that the world population is growing, and food chains are stressed to supply the essential elements for the continuance of a healthy future, Omega Algae is able to address these challenges with efficient solutions.
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Investment focus
  • Software, Information Technology
  • Seed
  • Iceland
Portfolio highlights
  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
Baliopharm VC Fund · Jülich, Nordrhein-Westfalen, Germany
Baliopharm AG is a biotechnology company focusing on the development of novel therapeutics for the treatment of autoimmune diseases like rheumatoid arthritis, Crohn`s disease, psoriasis and multiple sclerosis, and for cancer.
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Investment focus
  • Medical, Consulting, Health Care
  • Seed
  • Iceland
Portfolio highlights
  • 3Z Pharmaceuticals — 3Z Pharmaceuticals provides research services intended to provide drug development services. It offers drug screening on sleep and epilepsy assays that helps in the development of drugs used to treat neurological disorders, enabling patients to get multiple drug efficacy and toxicity assays.Karl Karlsson and Haraldur Thorsteinsson founded 3ZPharmaceuticals in 2008. It based their company on their research on the sleeping patterns of the zebrafish at the Reykjavik University Neurolab in 2006.
Eyrir Venture Management VC Fund · Reykjavík, Gullbringusysla, Iceland
Eyrir Venture Management is the venture investment arm of Eyrir Invest, and manages the Eyrir Sprotar venture fund. Eyrir Sprotar focuses on supporting promising ventures for international growth and value creation, investing in seed-stage and early-stage companies. The firm's investment strategy spans all stages of a company´s growth, fromseed capital to funding early-stage companies as well as partaking in international growth.Eyrir Sprotar was founded in 2015 and is based in Reykjavík, Gullbringusysla.
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Investment focus
  • Software, B2B, SaaS
  • Pre-Seed, Series A
  • Iceland, United States
Portfolio highlights
  • Digiphy — Build QR codes and templated pages to connect directly with customers, capture first-party data, tell your origin story, drive sales, product registration and more.
  • PayAnalytics — PayAnalytics, a leading pay equity and workforce analytics solution, aids companies in closing pay gaps and fostering workplace equity. Ensure compliance with pay transparency regulations, assess wage disparities, and analyze workforce demographics conveniently.
Faber VC Fund · Lisbon, Lisboa, Portugal · 5 investments in the past 12 months
Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action. The firm combines a specialist focus on deep tech early-stage startups with dedicated funds, investment teams and expert advisors to actively help foundersbuild global companies powered by AI/data or climate/ocean technologies. Faber’s unique approach in Southern Europe is led by an entrepreneurial management partnership and backed by notable thesis-driven institutions and private investors. Investing since 2013, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy, iLoF or YData
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Investment focus
  • Software, Machine Learning, SaaS
  • Seed, Pre-Seed, Series A
  • Portugal, United Kingdom, United States
Portfolio highlights
  • Opnova — Opnova breaks through the rework barrier in IT, security, and compliance operations, delivering intelligent automation to workflows where implementing conventional automation was not previously practical or possible.
  • Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
  • Mitiga Solutions — Mitigating the risk from climate-driven perils to your business assets everywhere.
L-Acoustics VC Fund · Marcoussis, Bretagne, France
Welcome to L-Acoustics. We set the benchmark for pro audio sound systems and are always at the cutting-edge of audio technology.
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Investment focus
  • Audio, Music, Software
  • Series B
  • United States
Portfolio highlights
  • Mixhalo — Mixhalo is a real-time audio platform that delivers an immersive experience for live events including concerts, conferences, festivals, sporting events, and anywhere people gather to hear content. Founded by Incubus Guitarist and songwriter Mike Einziger and internationally-acclaimed violinist, Ann Marie Simpson-Einziger, Mixhalo enables live eventorganizers to give audiences exactly what they came for, with real-time audio delivered directly to attendees’ own phones (via a free app) and headphones.It was established in 2016 and is headquartered in San Francisco, California.
  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
Omega ehf VC Fund · 2 investments in the past 12 months
Omega ehf is a private investment vehicle that makes investments in private equity and a variety of ventures.
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Investment focus
  • Banking, FinTech, Software
  • Series D
  • United Kingdom
Portfolio highlights
  • Meniga — Meniga helps banks use data to drive Digital Engagement, build Customer Loyalty & increase Revenue.
  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
KOMPAS VC VC Fund · Copenhagen, Hovedstaden, Denmark · 6 investments in the past 12 months
KOMPAS is an early-stage venture capital firm with offices in Amsterdam, Berlin, Copenhagen and Tel Aviv. We fund breakthrough innovations that accelerate the digital transformation and decarbonisation of the building and manufacturing industries. KOMPAS invests €1.0 – 5.0 million in Seed and Series A rounds with continued support throughout thecompany’s entire lifecycle. We partner with exceptional founders who disrupt the way buildings are designed, built and managed. We strive to eliminate emissions from building and manufacturing activity, reduce energy consumption, promote sustainable building materials, eliminate waste and support a circular economy. We invest in digital technology and automation to make industrial processes from procurement to manufacturing more efficient. We operate with purpose whilst delivering strong financial returns to our investors.
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Investment focus
  • Construction, Information Technology, Software
  • Seed, Series A, Series B
  • Israel, Germany, United States
Portfolio highlights
  • Optiml — OPTIML is an end to end software platform harnessing the power of optimization to generate intelligent low cost and low carbon investment strategies for existing buildings. Real estate owners and consultants benefit from the novel data driven approaches scaled from the asset to portfolio level with increased productivity and accuracy for multi yearplanning. OPTIML is a GmbH, LLC headquartered in Zurich, Switzerland. OPTIML leverages over four years of cutting edge engineering, sustainability, and policy research at ETH Zurich with multiple PhDs on the technology.With OPTIML asset, long term strategies to 2050 can be developed for any unique building asset considering all aspects of renovations for asset and construction management. Minimal data input is required but the models can be leveraged with maximum customizability. Scaled to any number of buildings, OPTIML portfolio develops portfolio budgetary and CO2 pathways considering asset level granularity with minimal planning cost.
  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
  • Again — SecondCircle makes carbon negative chemicals for a cleaner future. We are the first carbon negative chemical manufacturer that can scale to meet global demand. The best thing about it: we use carbon dioxide as a feedstock.
Shubert Organization VC Fund · New York, New York, United States
Shubert Organization owns, operates, and manages theatres in New York; and Philadelphia, Pennsylvania.The organization also produces plays and musicals in New York City and other parts of the United States; operates a ticketing agency for theatres in New York City; and provides a research repository of theatrical documents and other relateditems. In addition, the company offers a source for various ticketing needs, including box office, telephone, internet, season and subscription, group, and more sales to various segments of the entertainment industry.Shubert Organization was formerly known as Select Theatres Corporation and changed its name to Shubert Organization in 1973.The company was founded in 1900 and is based in New York, United States. It operates as a subsidiary of The Shubert Foundation, Inc.
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Investment focus
  • Big Data, Analytics, Enterprise Software
  • Funding Round
  • Iceland
Portfolio highlights
  • Activity Stream — Activity Stream is a marketing platform made exclusively for the event industry.
Eyrir Invest VC Fund · Reykjavík, Gullbringusysla, Iceland
Eyrir Invest is an international investment company that focuses on investments in industrial companies that have the potential to become true global leaders.
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Investment focus
  • Big Data, Analytics, Enterprise Software
  • Funding Round
  • Iceland
Portfolio highlights
  • Activity Stream — Activity Stream is a marketing platform made exclusively for the event industry.
Export and Investment Fund VC Fund · Hellerup, Hovedstaden, Denmark · 17 investments in the past 12 months
Denmark's Export and Investment Fund (EIFO) serves as a single point of contact for Danish firms seeking risk-tolerant government finance. We aspire to help successful enterprises that can expand the Danish economy and green the world on a daily basis, guided by professionalism and an international perspective.
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Investment focus
  • Software, Health Care, SaaS
  • Seed, Funding Round, Series A
  • Denmark, Ukraine, United States
Portfolio highlights
  • Monthio — Embrace the future of lending with Open Banking for credit decisioning. Streamline loan applications, increase accessibility, and deliver exceptional customer service.
  • FarmDroid — FarmDroid FD20 is a fully automatic, solar powered field robot that automates your seeding and plant protection. By using high precision RTK, with an accuracy of 8mm it marks the placement of the crops at seeding and subsequently performs mechanical weed control both between the rows and inside the rows. In addition, for conventional farmers, itcan also microspray and reduce the use of plant protection substances up to 94%. The unique precision at seeding makes it possible to clean the crop up close and thereby minimize, or completely eliminate, the need for manual weed control. The four solar panels on top of the robot produce power for a battery package and ensure up to 24 hours daily CO2-neutral operation. Thereby, you avoid external charging of the batteries and you can let your FarmDroid FD20 work in the field throughout the entire season.
  • Contribe.io — Next Generation Sustainability Management System
Two Ravens VC Fund · 2 investments in the past 12 months
Two Ravens focuses on investing in pre-seed and early seed stage technology companies.
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Investment focus
Portfolio highlights
  • Senvo — Centralized last mile data analytics for optimization, automation, and financial transparency.
  • Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
Innoport VC Fund · Hamburg, Hamburg, Germany · 2 investments in the past 12 months
We invest in innovative and high-potential startups.We focus on the global maritime and logistics sectors.We are striving to find disruptive technologies and business models.
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Investment focus
  • Software, SaaS, Logistics
  • Seed, Series A, Funding Round
  • Germany, India, Togo
Portfolio highlights
  • zero44 — Effortlessly manage your carbon regulations compliance with zero44 software solutions. Streamline your EU ETS and CII management vessel by vessel, charter by charter, and DoC by DoC for effective and hassle-free carbon regulation management.
  • ANNEA — ANNEA help renewable energy companies to reduce OPEX by up to 50% while increasing green energy production by up to 15%.ANNEA provides the next generation of condition-based predictive maintenance and underperformance detection for renewable energy assets. It enables automated drive train vibration analysis, based on cutting edge artificialintelligence, physical modelling, and normal behaviour modelling.Operators receive notifications about future failures up to 12 months in advance, containing detailed information on which component has a problem, the root cause of the problem, and the best time window for repair. Besides, ANNEA detects underperformance of renewable assets and helps to maximise energy production.We optimise operations and maintenance across renewable energy sectors, reducing unplanned downtime and lost profit significantly, making green energy more affordable. Let's accelerate the energy transition together!
  • Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
Seed Capital VC Fund · Copenhagen, Hovedstaden, Denmark
Seed Capital invests in Danish tech businesses with global ambitions. We are focused on "late seed"-stage companies, typically investing 1-3 MEUR in rounds of 1-6 MEUR. Proud backers of Trustpilot, Vivino, Lunar, Templafy, Dixa, Forecast, and many other great companies.
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Investment focus
  • Software, Health Care, SaaS
  • Seed, Funding Round, Series A
  • Denmark, United States, United Kingdom
Portfolio highlights
  • Flatpay — Flatpay's fair, flat-rate pricing simplifies payments & cuts costs. Benefit from our comprehensive solution & superior customer service. Join us now!
  • Mesh Bio — Mesh Bio is a digital health startup that is transforming chronic disease management through predictive analytics. Mesh Bio works with healthcare providers and stakeholders to provide innovative solutions that transform health screening and disease management. They translate clinical data and numbers into actionable insights that help patientsbetter manage their health, lifestyle and disease risks.
  • Embla — Embla provides an online medical weight loss treatment using prescription drugs and coaching. The company provides patients with evidence-based treatments, digital tools, medication, and coaching to facilitate sustainable weight loss. Embla was founded in 2021 and is headquartered in Copenhagen, Denmark.
Capital A Partners VC Fund · Charleston, South Carolina, United States
venture capital and private equity for early stage businesses
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Investment focus
  • 3D Printing, Software, 3D Technology
  • Seed, Series A, Funding Round
  • United States, India, Sweden
Portfolio highlights
  • Quizy — Quizy Games is an online platform to participate in pool of quizzes and get earn money instantly. Try out your brain and luck together, earning money is fun.
  • Kaptio — Kaptio is the next generation booking system that places customer experience at the heart of the travel economy. Powered by the Salesforce Platform, it frees travel companies from their legacy systems – equipping them to embrace new ways of working, transform the customer experience and deliver operational efficiencies. Kaptio was launched byArnar Laufdal Olafsson and Ragnar Fjölnisson in 2012 and has offices in United Kingdom, Iceland and Germany.
  • Chargeup — Chargeup is a full-stack EV Financing & Asset Management Platform. We enable last-mile drivers with ownership and higher earnings
Probiocon VC Fund
Probiocon is a consulting company offering comprehensive services for pharmaceutical and biotechnological companies. We give advice and support for all kind of corporate development activities (services) needed for biotech and pharma companies, including but not limited to Corporate Financing, Licensing & Partnering, Merger & Acquisition,and Corporate Organisation.Their vision is to provide optimized and cost-effective solutions to the special needs of companies developing biopharmaceutical compounds.
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Investment focus
  • Medical, Consulting, Health Care
  • Seed
  • Iceland
Portfolio highlights
  • 3Z Pharmaceuticals — 3Z Pharmaceuticals provides research services intended to provide drug development services. It offers drug screening on sleep and epilepsy assays that helps in the development of drugs used to treat neurological disorders, enabling patients to get multiple drug efficacy and toxicity assays.Karl Karlsson and Haraldur Thorsteinsson founded 3ZPharmaceuticals in 2008. It based their company on their research on the sleeping patterns of the zebrafish at the Reykjavik University Neurolab in 2006.
Teya VC Fund · London, England, United Kingdom
SaltPay is a FinTech company dedicated to building a better future for merchants by servicing them through payment and management tools. Focused on efficiency, technology, and people, they give merchants the help they need to grow.
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Investment focus
  • Information Technology, Apps, Sales
  • Funding Round
  • Turkey, Iceland
Portfolio highlights
  • Odeal — Oedeal is a online payment service company, dedicated in providing wide range of financial solutions to entrepreneurs.
  • Salescloud — The power behind your point of sales. Our cloud-based sales and management solutions provide you with powerful tools to help you run and grow your business.
Menlo Ventures VC Fund · San Francisco, California, United States · 28 investments in the past 12 months
Menlo Ventures is a Bay Area venture capital firm that pursues companies with the potential to disrupt huge markets. We invest in all stages, across consumer, enterprise, and healthcare technologies.
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Investment focus
  • Software, Information Technology, Enterprise Software
  • Series B, Series A, Series C
  • United States, Canada, France
Portfolio highlights
  • Sana — Sana is an AI company building the next generation of knowledge tools. Designed and engineered in Stockholm, Sweden.
  • Numeric — Hundreds of teams streamline reconciliations, organize their close, and leverage AI for flux analysis and reporting with Numeric.
  • Relyance AI — Full visibility and proactive data protection. Know how data moves through your code base, infrastructure, and third-party vendors. Learn more.
Idlewild Management VC Fund
Idlewild Management LLC (Idlewild) is an investment management firm that focuses on a range of asset classes, including equities, private credit, direct investments, and real estate.
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Investment focus
  • SaaS, Software, Marine Technology
  • Funding Round
  • Iceland
Portfolio highlights
  • Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
MD ONE Ventures VC Fund · London, England, United Kingdom · 3 investments in the past 12 months
MD One Ventures is the Venture Capital team dedicated to supporting National Security Innovation for the UK and Allies. We invest in the frontier technologies that matter.
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Investment focus
  • SaaS, Security, Cyber Security
  • Seed, Series A
  • United Kingdom, Israel
Portfolio highlights
  • Bifrost AI — Build AI in a day instead of a year, at a fraction of the price, with the Bifrost synthetic data engine.
  • Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
  • Labrys Technologies — Visualise & Coordinate Your People. Securely. Anywhere. In Real-Time.
Riverstone Ventures VC Fund · Nyack, New York, United States
Riverstone Ventures focuses on early stage climatetech companies.
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Investment focus
  • SaaS, Software, Marine Technology
  • Funding Round
  • Iceland
Portfolio highlights
  • Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
Sukna Ventures VC Fund · Riyadh, Ar Riyad, Saudi Arabia · 2 investments in the past 12 months
Sukna ventures is a venture studio and fund based in Saudi Arabia.
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Investment focus
  • Financial Services, FinTech, Information Technology
  • Seed, Funding Round, Series A
  • Saudi Arabia, United States, United Arab Emirates
Portfolio highlights
  • Marn.io — Marn is an hourly work solutions platform connecting Saudi businesses with thousands of Saudi job seekers in Retail, hospitality, F&B, and Hajj industries. As one of the first Saudi on-demand hourly staffing platform, Marn has had the trust of hundreds of well-known brands and hundred thousands of job seekers. Marn enables businesses to hirehourly staff to manage customers during peak hours and high seasons. All employees are fully vetted through interviews and tests that are prerequisites for joining the platform. Brands using Marn for recruiting save time and effort by letting our technology manage interviews, training, placement, shift scheduling, worker payments, performance reports, and task evaluation. Marn offers other services such as mystery shopper for hotels and retail, and sports events management.Learn more at Marn.io
  • MoneyHash — MoneyHash provides access to payment and fintech services across the Middle East & Africa with one simple integration.
  • Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
Eyrir Vöxtur VC Fund · Reykjavík, Gullbringusysla, Iceland
Eyrir Vöxtur is an ESG fund, which focuses on investing in promising ventures for international growth and value creation. The fund invests in companies that have a positive impact on society and the environment.
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Investment focus
  • Legal, Legal Tech, Document Management
  • Seed
  • Iceland
Portfolio highlights
  • Justikal — Justikal is an eCourt system that allows different stakeholders in legal proceedings to handle documents in a trusted & secure way by using eIDAS compliant trust services.
  • Laki Power — We supply power grid operators with advanced high-voltage line monitoring stations that enable them to optimise performance, safety and cost.
byFounders VC Fund · Copenhagen, Hovedstaden, Denmark · 4 investments in the past 12 months
byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.
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Investment focus
  • Software, Artificial Intelligence, SaaS
  • Seed, Series A, Pre-Seed
  • Denmark, United States, Sweden
Portfolio highlights
  • QA.tech — Our AI combines the skills of a QA engineer with the speed of automated testing for you. This shortens your time to market, cuts costs and improves the quality of your web apps.
  • Dusk — Rune is an automated friend or squad finder and voice chat for players on mobile games. Users can hang out and share amazing experiences together. The company builds the future of LFG for mobile gamers.
  • Lovable — Lovable is building software that builds software. We are makers of GPT Engineer app - an AI software engineer.
Karma Ventures VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in the past 12 months
karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.
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Investment focus
  • Software, Artificial Intelligence, Information Technology
  • Series A, Series B, Seed
  • Estonia, Sweden, Finland
Portfolio highlights
  • BforeAI — Starting from patented technology developed in years of research, BforeAi is the prediction service that looks for newly registered or morphed domains, and score their maliciousness looking at metadata and links to other bad guys.
  • Hydrogrid — All-in-one solution for optimizing hydropower plants. Increase revenues by up to 18%, reduce spill by up to 12%, and save valuable time with Hydrogrid Insight.
  • Pactum — Pactum autonomous negotiations help companies unlock hidden value. Our AI negotiates non-strategic supplier contracts on a massive scale.
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