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FV

Frumtak Ventures

Venture Capital

Frumtak Ventures is an Iceland based venture capital fund that primarily invests in post-seed innovation companies.

Portfolio

1

companies


Portfolio companies

Meniga

Meniga

Meniga provides digital banking and personal finance management solutions for major financial institutions.


Recent investments

Seed
€10.0M

The strategic investment round was co-led by Velocity Capital and Frumtak Ventures to drive the development of sustainable financial tools.

"We are extremely pleased with the continued backing from our investors and strategic customers. The new capital will be instrumental in helping us accelerate our expansion into sustainable finance management. We are already working with banks across the world helping them accelerate their green-banking strategies with our Carbon Insight solution. Our Carbon Insight solution is going live with banks in 4 different countries during 1H 2021 and the demand is accelerating."
— Georg Ludviksson, CEO & co-founder