# Thule Investments

> Thule Investments is a VC fund in Reykjavík backing Software and Blockchain. See 4 investments, round sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Reykjavík, Iceland
- Total investments: 4
- Last investment: May 2022
- Lead investor: 0%
- Last updated: Aug 2026
- Website: http://www.thuleinvestments.is

Thule Investments is a management firm that currently manages venture capital and private equity funds. Currently active funds are Bru Venture Capital ehf, Bru II Venture Capital Fund S.C.A. SICAR, and Bru Fasteignir (Realty). The company invests in companies in Iceland, Europe and east coast US.

## Contacts

5 contacts available for Thule Investments. Shizune tracks 4 team members at Thule Investments. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/thule-investments?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 50% |
| Blockchain | 2 | 50% |
| Service Industry | 2 | 50% |
| Information Technology | 2 | 50% |
| Music | 1 | 25% |

18 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 2 | 50% |
| Series B | 1 | 25% |
| Funding Round | 1 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 2 | 50% |
| United Kingdom | 2 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Björn Brynjúlfsson | Venture Partner | 0 | — |
| Gísli Hjálmtýsson | CEO, Partner | 0 | — |
| John Francois Regnauld | Partner | 0 | — |
| Linda Metúsalemsdóttir | CFO | 0 | — |

## Investments

| Company | Description | Round size | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Delta Mining | Bitcoin Mining and Colocation services, utilizing 100% green energy, operating in Paraguay and Brazil | $1.1M | Seed | May 01, 2022 |  |
| RESILIANT | RESILIANT is an Identity Credential Access Management (ICAM) SaaS solution designed to deliver proactive cybersecurity solutions for government and businesses. RESILIANT ID is our authentication and digital identity product. An integral part of RESILIANT ID is the IdNFT™, a proprietary blockchain based Digital Identity that utilizes advanced facialliveness detection. This enables RESILIANT to verify that the individual is a real person. Once the individual’ s identity is authenticated, they can connect and access the right applications and services at the right time, and for the right reason. RESILIANT is also combining ICAM with End-to-End Zero Trust. The model provides an unmatched solution to federal agencies and large enterprises that none of the current VPNs and firewalls can deliver. | $1.7M | Seed | Jan 01, 2021 |  |
| Muzicall | Muzicall is the ringback tone (RBT) service provider for operators and media companies. Muzicall's sole objective is to focus on the, average of 15 seconds, of sound generated during a telephone call set-up and drive the RBT market to reach the full potential for operator and media company partners. Muzicall was founded in 2004 in conjunctionwith CH2MHILL, the $4billion international project services company. Headquartered in London's Soho, Muzicall is led by a team of telecoms, music, consumer and marketing specialists. The company works on a partnership basis with customers, investing both in marketing and systems and uses its knowledge and experience to grow sustainable revenues for its partners. | $9.9M | Series B | Nov 13, 2009 |  |
| Datactics | Datactics specialises in self-service data quality and fuzzy matching software with connectivity to a wide range of internal and external data sources. Our solutions are designed to enable business users who know the data to visualise and fix the data, rather than rely on a coded, IT-resourced solution. Our experienced data scientists help banks,fund and asset managers, and major government departments easily report on and fix their data to ensure compliance with financial regulations, aid AML & KYC functions, and eliminate roadblocks common in data management. Ultimately, we help the people who know the data to fix the data. Typically, data quality is left to the technology side of a financial firm, and IT quickly becomes a bottleneck for the wide range of business projects requiring measured, cleaned and perfected data for analytics projects, regulatory reporting, and AML / KYC activities. Our tools easily integrate with off-the-shelf visualisation tools and help business teams to identify breaks and fix broken data as part of business as usual tasks. | $1.3M |  | Nov 01, 2008 |  |

4 of 4 investments shown.

## Co-investors
- [AA Sons](https://shizune.co/investors/profile/aa-sons) — VC Fund, 1 deal together
- [BlueRun Ventures](https://shizune.co/investors/profile/bluerun-ventures) — VC Fund, 1 deal together
- [Clarendon Fund Managers](https://shizune.co/investors/profile/clarendon-fund-managers) — VC Fund, 1 deal together
- [GP Bullhound](https://shizune.co/investors/profile/gp-bullhound) — VC Fund, 1 deal together
- Orkos Capital — VC Fund, 1 deal together
- [Veddis](https://shizune.co/investors/profile/veddis-ventures) — VC Fund, 1 deal together

## 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 Thule Investments invest in?

Thule Investments invests primarily in Software, Blockchain and Service Industry startups, most often at Seed and Series B stage. Most of the 4 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Thule Investments?

Public channels for Thule Investments include the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Thule Investments?

The team at Thule Investments includes Björn Brynjúlfsson (Venture Partner), Gísli Hjálmtýsson (CEO, Partner) and John Francois Regnauld (Partner). The Team section lists each member with their title, investment count and links.

### 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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