# Idunn venture fund

> Idunn venture fund is a VC fund in Reykjavík backing Wellness, Education and Health Care. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Reykjavík, Iceland
- Total investments: 2
- Last investment: Aug 2024
- Lead investor: 100%
- Last updated: Aug 2026

Idunn venture fund is a VC fund in Reykjavík focused on Wellness and Education. Idunn Venture Fund, a venture capital fund managed by Kvika Asset Management.

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Wellness | 1 | 50% |
| Education | 1 | 50% |
| Health Care | 1 | 50% |
| Therapeutics | 1 | 50% |
| Pharmaceutical | 1 | 50% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Venture - Series Unknown | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| PLAIO | PLAIO is a web-based SaaS platform intended to help generic pharmaceutical companies to digitize their demand, manufacturing, and purchase planning.PLAIO offers features like visual and capacity planning, advanced constraint/overhead calculations. | $4.7M | Seed | Aug 14, 2024 |  |
| 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. | $6.3M | Venture - Series Unknown | May 03, 2022 |  |

2 of 2 investments shown.

## Co-investors
- [Dr. Agon](https://shizune.co/investors/profile/dr-agon) — VC Fund, 1 deal together
- [Frumtak Ventures](https://shizune.co/investors/profile/frumtak) — VC Fund, 1 deal together
- [Kvika Asset Management](https://shizune.co/investors/profile/kvika-asset-management) — VC Fund, 1 deal together

## Similar investors

### Similar industry
- [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 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 VC Funds in Iceland](https://shizune.co/investors/vc-funds-iceland)
- [All Investors in Iceland](https://shizune.co/investors/investors-iceland)
- [Wellness Investors in Iceland](https://shizune.co/investors/wellness-investors-iceland)
- [Wellness VC Funds in Iceland](https://shizune.co/investors/wellness-vc-funds-iceland)
- [FinTech Investors in Iceland](https://shizune.co/investors/fintech-investors-iceland)
- [Enterprise Investors in Iceland](https://shizune.co/investors/enterprise-investors-iceland)

## FAQ

### What does Idunn venture fund invest in?

Idunn venture fund invests primarily in Wellness, Education and Health Care startups, most often at Seed and Venture - Series Unknown stage. Most of the 2 investments tracked by Shizune back companies in Iceland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Idunn venture fund last invest?

The most recent investment recorded for Idunn venture fund closed in Aug 2024. Shizune tracks 2 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.

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