# Huld Magnúsdóttir

> Huld Magnúsdóttir is a seed investor at New Business Venture Fund backing SaaS and Software. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [New Business Venture Fund](https://shizune.co/investors/profile/new-business-venture-fund)
- Location: Reykjavík, Iceland
- Total investments: 7
- Last investment: Dec 2021
- Lead investor: 100%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/huld-magn%C3%BAsd%C3%B3ttir-56160011

Huld Magnúsdóttir is a seed investor at New Business Venture Fund in Reykjavík focused on SaaS and Software. Huld Magnúsdóttir - CEO @ New Business Venture Fund

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 2 | 29% |
| Software | 2 | 29% |
| Education | 2 | 29% |
| Health Care | 2 | 29% |
| B2B | 1 | 14% |

24 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 43% |
| Pre-Seed | 1 | 14% |
| Funding Round | 1 | 14% |
| Equity Crowdfunding | 1 | 14% |
| Venture - Series Unknown | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Evolytes | Evolytes is an educational platform that teaches children mathematics faster and more effectively through a mobile game. | $520K | Seed | Dec 14, 2021 |  |
| Evolytes | Evolytes is an educational platform that teaches children mathematics faster and more effectively through a mobile game. | $520K | Pre-Seed | Dec 14, 2021 |  |
| Hefring Marine | Hefring Marine is building the intelligence layer for the world’s largest untapped vehicle fleet, positioned to lead the $100B+ data-driven transformation of maritime. Our AI-powered IMAS platform delivers real-time decision intelligence to commercial, defense, recreational, and unmanned vessels, enhancing safety, fuel efficiency, and survivabilityin the most demanding environments. Already deployed across high-speed, professional, and mission-critical craft, including SAR, coast guard, defense, fisheries, pilotage, and offshore operations, IMAS is a dual-use system that combines edge AI, sensor fusion, and onboard analytics to guide operations and centralize fleet data into actionable insights. With tailored solutions for autonomy and recreational markets now underway, Hefring Marine is uniquely positioned to advance both maritime security and sustainability through deep tech innovation. We are currently raising a strategic seed extension round to grow our team and accelerate commercial momentum through 2025, with a Series A planned for early next year to scale our platform globally. |  | Venture - Series Unknown | May 03, 2021 |  |
| Florealis | Flo­re­alis is a phar­ma­ceu­ti­cal com­pany pro­vid­ing solu­tions for peo­ple that want to use high qual­ity herbal med­i­c­i­nal prod­ucts to stay healthy. Our med­i­cines are nat­ural prod­ucts based on long expe­ri­ence as well as sci­en­tific evi­dence and are approved by Euro­pean health authorities.They make reli­able herbal med­i­cineaccord­ing to the high­est stan­dards in the phar­ma­ceu­ti­cal indus­try. In our pipelines are med­i­cines for treat­ment of mild com­mon symp­toms and disease, such as recur­rent lower uri­nary tract infec­tions, of spas­modic gas­troin­testi­nal com­plaints, the relief of tem­po­rary men­tal exhaus­tion or stress. Our prod­ucts will be sold in phar­ma­cies and are avail­able with­out a prescription.Herbal med­i­cines are prod­ucts that bridge the gap between unreg­is­tered and uncon­trolled herbal reme­dies and con­ven­tional med­i­cines. Our aim is to use the best of both; stan­dard­ized active herbal ingre­di­ents com­bined with qual­ity and safety require­ments from the phar­ma­ceu­ti­cal industry. | $738K | Equity Crowdfunding | Jan 15, 2020 |  |
| Kara Connect | The leading well-being service that enables your employees have direct and timely access to high quality coaching, counselling and therapy services in line with their specific requirements. | $1.2M | Seed | Nov 19, 2019 |  |
| Ankeri Solutions | Ankeri develops cloud based software solution focusing on ship performance from the perspective of charter parties i.e. contracts. Ankeri is a team with extensive experience from over 25 combined years of marketing, designing and developing software products for the shipping industry. Ankeri was founded on 1st December 2016. | $500K | Seed | Dec 18, 2018 |  |
| Florealis | Flo­re­alis is a phar­ma­ceu­ti­cal com­pany pro­vid­ing solu­tions for peo­ple that want to use high qual­ity herbal med­i­c­i­nal prod­ucts to stay healthy. Our med­i­cines are nat­ural prod­ucts based on long expe­ri­ence as well as sci­en­tific evi­dence and are approved by Euro­pean health authorities.They make reli­able herbal med­i­cineaccord­ing to the high­est stan­dards in the phar­ma­ceu­ti­cal indus­try. In our pipelines are med­i­cines for treat­ment of mild com­mon symp­toms and disease, such as recur­rent lower uri­nary tract infec­tions, of spas­modic gas­troin­testi­nal com­plaints, the relief of tem­po­rary men­tal exhaus­tion or stress. Our prod­ucts will be sold in phar­ma­cies and are avail­able with­out a prescription.Herbal med­i­cines are prod­ucts that bridge the gap between unreg­is­tered and uncon­trolled herbal reme­dies and con­ven­tional med­i­cines. Our aim is to use the best of both; stan­dard­ized active herbal ingre­di­ents com­bined with qual­ity and safety require­ments from the phar­ma­ceu­ti­cal industry. | $3.8M |  | Feb 17, 2018 |  |

7 of 7 investments shown.

## Co-investors
- [Innoport](https://shizune.co/investors/profile/bernhard-schulte-innoport) — VC Fund, 1 deal together
- [TechNexus Venture Collaborative](https://shizune.co/investors/profile/technexus) — VC Fund, 1 deal together

## About New Business Venture Fund

VC Fund · Reykjavík, 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.

3 contacts available at New Business Venture Fund.

| Name | Title | Profile |
| --- | --- | --- |
| Friðrik Friðriksson | CFO | https://shizune.co/investors/profile/fri%C3%B0rik-fri%C3%B0riksson |
| Huld Magnúsdóttir | CEO | https://shizune.co/investors/profile/huld-magnusdottir |
| Örn Viðar Skúlason | Investment Manager | https://shizune.co/investors/profile/%C3%B6rn-vi%C3%B0ar-sk%C3%BAlason |

## Similar investors

### 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

## FAQ

### What does Huld Magnúsdóttir invest in?

Huld Magnúsdóttir invests primarily in SaaS, Software and Education startups, most often at Seed and Pre-Seed stage. Most of the 7 investments tracked by Shizune back companies in Iceland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Huld Magnúsdóttir last invest?

The most recent investment recorded for Huld Magnúsdóttir closed in Dec 2021. Shizune tracks 7 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