Brunnur Ventures

Venture Capital

Brunnur Ventures is a venture capital firm based in Reykjavik, Iceland, founded in 2015, focused on early-stage and growth investments in startups with high international growth potential built out of Iceland. The firm has raised three funds -- Brunnur I (2015, $40M), Brunnur II (2021, $65M), and Brunnur III (launched February 2026) -- with limited partners including ten of Iceland's leading pension funds and Landsbanki. Brunnur invests across software/IT, gaming, Industry 4.0, biotech, cleantech, marine tech, and agrifoodtech, and takes an active, board-level role with portfolio companies.

Reykjavik, Iceland · 6+ investments

Seed
Early Stage
Growth
Clean Tech
Gaming
Headquarters
Reykjavik, Iceland
Founded
2015
AUM
$110.0M
Total Investments
6
Last Investment
Mar 2023
Geographic Focus
Iceland

Investment Thesis

We invest in generalist businesses.

Brunnur Ventures is a Venture Capital firm based in Reykjavik, Iceland. It has made 6 investments in Clean Tech and Gaming.

Investment History

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