# Hilmar Petursson

> Hilmar Petursson is a seed investor in Reykjavík backing Online Games and Software. See 15 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Location: Reykjavík, Iceland
- Total investments: 15
- Last investment: Oct 2023
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/hilmarveigar
- X (Twitter): http://twitter.com/hilmarveigar
- Website: https://x.com/hilmarveigar
- Facebook: http://www.facebook.com/hilmarveigar

Hilmar Petursson is a seed investor in Reykjavík focused on Online Games and Software. Hilmar Veigar Petursson is based out of Reykjavík, Gullbringusysla and is the Chief Executive Officer of CCP. Hilmar previously worked at IGI - The Icelandic Game Industry as a Chairman of the Board. Hilmar Veigar Petursson attended University of Iceland.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $780k–$7.5M |
| Series A | $4.3M–$25M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Online Games | 5 | 33% |
| Software | 3 | 20% |
| Video Games | 3 | 20% |
| iOS | 2 | 13% |
| Gaming | 2 | 13% |

21 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 5 | 33% |
| Series A | 4 | 27% |
| Venture - Series Unknown | 3 | 20% |
| Pre-Seed | 1 | 7% |
| Funding Round | 1 | 7% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Iceland | 4 | 27% |
| United States | 3 | 20% |
| United Kingdom | 3 | 20% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Quest Portal | Quest Portal makes role-play and tell fantastical stories together by means of crafting and creates characters. | $7.5M | Seed | Oct 19, 2023 |  |
| Atomontage | Atomontage develops a volumetric graphics and simulation platform that can scale to record-breaking data sets and beyond. The company is headquartered in Wilmington, Delaware. | $250K | Convertible Note | May 04, 2023 |  |
| LearnCove | LearnCove provides businesses with a modular and easy-to-use training platform for high-quality training across markets and cultures. | $912.3K | Venture - Series Unknown | Jan 23, 2023 |  |
| Netspeak Games | Netspeak Games operates as a zero-crunch studio that develops online multiplayer games. Its first game is a non-violent social MMO, designed to be a fun place to hang out with friends. Players can relax, play, or just get some headspace. | $12M | Series A | Sep 07, 2022 |  |
| LearnCove | LearnCove provides businesses with a modular and easy-to-use training platform for high-quality training across markets and cultures. | $780K | Seed | Jan 25, 2022 |  |
| ZBD | Zebedee develops software and infrastructure to introduce Bitcoin and Lightning support into digital experiences and environments. Its platform allows players, developers, streamers, and watchers to interact and instantly exchange value in a frictionless manner. | $11.5M | Series A | Sep 07, 2021 |  |
| Clockwork Labs | Clockwork Labs is a new game studio focused on building massively-multiplayer “societal games” that are less focused on pure combat and instead encourage social interaction and cooperation between players. | $4.3M | Series A | Aug 31, 2021 |  |
| Atomontage | Atomontage develops a volumetric graphics and simulation platform that can scale to record-breaking data sets and beyond. The company is headquartered in Wilmington, Delaware. | $3.5M | Venture - Series Unknown | Aug 19, 2021 |  |
| Lockwood Publishing | Lockwood Publishing is a cross-platform developer producing entertainment software for the mobile and tablet market. It develops and publishes games on PlayStation, iOS, Google Play, Amazon, and the web. Lockwood Publishing was co-founded by Halli Bjornsson and Joel Kemp in 2009 and is based in Nottingham, United Kingdom. | $25M | Series A | Nov 04, 2020 |  |
| 1939 Games | 1939 Games is a indie game development studio based in Reykjavik, Iceland. They are focused on WWII gaming experiences and are currently working on a digital collectible card game that goes by the name of KARDS. The game will draw familiar elements from the card game genre and fuse them with classic WWII gaming for an elegant, action packed and funcard game. 1939 Games was founded around the KARDS project in 2015 by former CCP veterans. | $1.9M | Venture - Series Unknown | Apr 23, 2020 |  |

10 of 15 investments shown.

## Co-investors
- [Makers Fund](https://shizune.co/investors/profile/makers-fund) — VC Fund, 3 deals together
- [Crowberry Capital](https://shizune.co/investors/profile/crowberry-capital) — VC Fund, 2 deals together
- [InfoCapital Group](https://shizune.co/investors/profile/infocapital-group) — VC Fund, 2 deals together
- [Lakestar](https://shizune.co/investors/profile/lakestar) — VC Fund, 2 deals together
- [Novator](https://shizune.co/investors/profile/novator) — VC Fund, 2 deals together
- [Sisu Game Ventures](https://shizune.co/investors/profile/sisu-game-ventures) — VC Fund, 2 deals together

## Similar investors

### Similar industry
- [SOSV](https://shizune.co/investors/profile/sosv) — VC Fund
- [Animoca Brands](https://shizune.co/investors/profile/animoca-brands-corporation) — VC Fund
- [BITKRAFT Ventures](https://shizune.co/investors/profile/bitkraft-ventures) — VC Fund

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund

### Similar country
- [New Business Venture Fund](https://shizune.co/investors/profile/new-business-venture-fund) — VC Fund
- [Frumtak Ventures](https://shizune.co/investors/profile/frumtak) — VC Fund
- [Brunnur Ventures](https://shizune.co/investors/profile/venture-capital-fund-brunnur) — VC Fund

## Featured in investor lists
- [All Investors in Iceland](https://shizune.co/investors/investors-iceland)
- [All Angel Investors in Iceland](https://shizune.co/investors/angel-investors-iceland)
- [Video Games Angel Investors](https://shizune.co/investors/video-games-angel-investors)
- [Gaming Angel Investors in United Kingdom](https://shizune.co/investors/gaming-angel-investors-united-kingdom)
- [Gaming Investors in Iceland](https://shizune.co/investors/gaming-investors-iceland)
- [Gaming Angel Investors in Iceland](https://shizune.co/investors/gaming-angel-investors-iceland)

## FAQ

### What does Hilmar Petursson invest in?

Hilmar Petursson invests primarily in Online Games, Software and Video Games startups, most often at Seed and Series A stage. Most of the 15 investments tracked by Shizune back companies in Iceland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Hilmar Petursson's check size?

Hilmar Petursson typically joins rounds of $780k–$7.5M at Seed and $4.3M–$25M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Hilmar Petursson participates in.

### When did Hilmar Petursson last invest?

The most recent investment recorded for Hilmar Petursson closed in Oct 2023. Shizune tracks 15 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co