Crowberry Capital

Crowberry Capital is a prominent venture capital firm based in Reykjavík, Iceland, specializing in seed and early-stage investments. The firm is dedicated to backing exceptional teams across the Nordic region, particularly in Iceland, Sweden, Denmark, Finland, and Norway, who are building companies with significant global potential. Their investment philosophy centers on identifying innovative solutions and disruptive technologies that can scale internationally, focusing on sectors poised for rapid growth and transformation.

The firm typically provides initial investments ranging from $500,000 to $2,000,000, targeting companies in various high-growth sectors. These include software, deep tech, digital media, consumer technology, biotech, and health tech. Crowberry Capital emphasizes a hands-on approach, leveraging its extensive network and operational expertise to support portfolio companies through their critical early growth phases. They look for strong product-market fit and a clear path to global expansion, often acting as the first institutional investor.

Beyond the initial capital, Crowberry Capital is committed to supporting its portfolio companies through subsequent funding rounds, with the capacity to invest up to $5,000,000 over a company's lifetime. This long-term commitment underscores their belief in fostering sustainable growth. The firm has successfully raised multiple funds, including Crowberry Capital I, which closed at approximately €40 million, and Crowberry Capital II, which secured around €90 million. These substantial funds enable Crowberry Capital to provide significant capital and strategic guidance to a diverse portfolio of promising Nordic startups, helping them achieve their global ambitions.