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Brunnur Ventures

Brunnur Ventures

Brunnur Ventures' goal is to help Icelandic entrepreneurs turn their ideas and vision into successful companies.

  • Use: Go2Market;
  • Date closing: -
  • Amount: 1M € - 3.0M €
  • Industry focus: All
  • Total budget: 65M €
  • Entity type: Venture Capital
  • Vertical focus: All
  • Website: https://www.brunnurventures.com/
  • Status:
    Open
  • Funding type: Equity investment;
  • Geographic focus: Iceland;
  • Public/Private: Private
  • Stage focus: Seed;
  • Applicant target: Startup;

Overview

Brunnur Ventures (formerly known as SA Framtak) is the General Partner of Brunnur Venture Capital Fund a USD 40M fund.

Brunnur Ventures has raised a total of $65M across 2 funds, their latest being Brunnur II. This fund was announced on Mar 3, 2021 and raised a total of $65M.

Their initial capital investment ranges from US$1-3 million, with up to US$13 million allocated for follow on investment.

For seasoned entrepreneurs and stellar teams that are just getting started they have a standard term sheet for pre-seed rounds with pre-emptive rights for the next financing round to enable them to prove their business fundamentals. 

 

Portfolio: Arctic Theory, Taktikal, Smitten, Hopp.

Last updated on 2023-06-01 11:10

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