Crowberry Capital
Overview
Crowberry Capital is a venture capital firm with offices in Reykjavík, Copenhagen, and Stockholm that invests in seed and early-stage technology startups across the Nordic region. Founded in 2017, the firm focuses on a wide range of sectors including SaaS, Healthtech, Fintech, and Gaming. The firm was founded by Hekla Arnardóttir, Helga Valfells, and Jenny Ruth Hrafnsdóttir. Crowberry Capital launched its first fund of $40 million in 2017 and a second fund of €90 million, which had a final close in 2023.
Portfolio Companies
26
Website
crowberrycapital.comInvestments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Dreamdata | Oct 2025 | Series B | Co-investor |
| Kara Connect | May 2022 | Series A | Co-investor |
| Genki Instruments | - | Seed | Co-investor |
| Porcelain Fortress | Sep 2024 | Seed | Lead |
| Mainframe Industries | Nov 2021 | Series B | Co-investor |
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Key People
Helga Valfells
Founding Partner & General Partner
Jenny Ruth Hrafnsdottir
Founding Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is Crowberry Capital based?
Crowberry Capital is headquartered in Reykjavík, Capital Region, Iceland.
When was Crowberry Capital founded?
Founding year information for Crowberry Capital is not publicly available.
How many portfolio companies does Crowberry Capital have?
Crowberry Capital has 26 portfolio companies in Caplight's dataset.
What are some companies in Crowberry Capital's portfolio?
Portfolio companies visible on Caplight include Dreamdata, Kara Connect, Genki Instruments, Porcelain Fortress, Mainframe Industries.
What was Crowberry Capital's most recent investment shown here?
Crowberry Capital's most recent investment in this portfolio sample was in Dreamdata in 2025.
What sectors does Crowberry Capital focus on?
Crowberry Capital focuses on Media, Entertainment & Gaming, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Media, Entertainment & Gaming, Healthcare & Life Sciences, Media, Entertainment & Gaming, Consumer & Commerce, Consumer & Commerce, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure, FinTech, AI, Data & Cloud Infrastructure, Healthcare & Life Sciences, FinTech, Enterprise Software, Energy & Sustainability, Enterprise Software, Healthcare & Life Sciences, FinTech, Enterprise Software, AI, Data & Cloud Infrastructure, FinTech, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Crypto & Web3, Enterprise Software, AI, Data & Cloud Infrastructure, AI, Data & Cloud Infrastructure, Consumer & Commerce, Telecommunications & Networking, Enterprise Software, Enterprise Software, AI, Data & Cloud Infrastructure, Enterprise Software, Enterprise Software, Enterprise Software, Enterprise Software, Frontier & Industrial Tech, Enterprise Software, Enterprise Software, Enterprise Software, Consumer & Commerce, Enterprise Software, Media, Entertainment & Gaming, AI, Data & Cloud Infrastructure.
What company stages does Crowberry Capital focus on?
Crowberry Capital typically invests at the Early stage.
What is Crowberry Capital's AUM?
Crowberry Capital's assets under management are estimated between $147.5M and $147.5M.