New Business Venture Fund logo

New Business Venture Fund

Europe, Gullbringusysla, Iceland, Reykjavík

Description

New Business Venture Fund is an Icelandic, state-owned, ever-green investment fund focused on innovation and startup companies.

Investor Profile

New Business Venture Fund has made 38 investments, with 0 in the past 12 months and 63% as lead.

Stage Focus

  • Seed (58%)
  • Series Unknown (21%)
  • Series A (8%)
  • Series B (3%)
  • Angel (3%)
  • Undisclosed (3%)
  • Equity Crowdfunding (3%)
  • Pre Seed (3%)

Country Focus

  • Iceland (84%)
  • The Netherlands (5%)
  • United States (5%)
  • China (3%)
  • Japan (3%)

Industry Focus

  • Software
  • Health Care
  • Medical
  • Saas
  • Information Technology
  • Pharmaceutical
  • Consulting
  • Manufacturing
  • Enterprise Software
  • Education
circle-line
FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does New Business Venture Fund frequently co-invest with?

Shanda Group
North America, California, United States, Menlo Park
Co-Investments: 1
Sutter Hill Ventures
North America, California, United States, Palo Alto
Co-Investments: 1
Reaktor Ventures
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 1
Capital A Partners
North America, South Carolina, United States, Charleston
Co-Investments: 1
Frumtak Ventures
Europe, Gullbringusysla, Iceland, Reykjavík
Co-Investments: 4
I
Europe, Hamburg, Germany, Hamburg
Co-Investments: 1
Foundation Capital
North America, California, United States, Palo Alto
Co-Investments: 1
Probiocon
Europe, Basel-Landschaft, Switzerland, Pfeffingen
Co-Investments: 2
Chengwei Capital
Asia, Shanghai, China, Shanghai
Co-Investments: 1
Inventure
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 1

Which angels does New Business Venture Fund often collaborate with?

JS
Europe, Oslo, Norway, Oslo
Shared Deals: 1
SS
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by New Business Venture Fund?

Sundra

Reykjavík, Gullbringusysla, Iceland

Sundra is a video editing tool that automates the editing of multiple camera recordings for events.

Film ProductionTV ProductionVideo Editing
AngelSep 8, 2023
Amount Raised: $600,000
HorseDay

Reykjavík, Gullbringusysla, Iceland

HorseDay is a training programme created especially for horse owners, trainers, and lovers.

Information TechnologyMobile AppsSoftwareSubscription ServiceTraining
SeedNov 23, 2022
Amount Raised: $700,000
Spectaflow

Reykjavík, Gullbringusysla, Iceland

Spectaflow is a SaaS solution for accommodations businesses focused on improving housekeeping and maintenance workflows

HospitalityInformation TechnologyInternetSaaSSoftware
SeedJan 5, 2022
Amount Raised: $1,900,000
PayAnalytics

Reykjavík, Gullbringusysla, Iceland

PayAnalytics makes compensation analytics software that helps companies monitor and address diverse pay gaps, including the gender pay gap.

AnalyticsEmployee BenefitsEmploymentHuman ResourcesSoftware
Series ADec 30, 2021
Amount Raised: $3,400,000
Evolytes

Reykjavík, Gullbringusysla, Iceland

Evolytes is an educational platform that teaches children mathematics through a mobile game.

EducationMobile AppsOnline Games
Pre SeedDec 14, 2021
Amount Raised: $520,000
Hefring Marine

Reykjavík, Gullbringusysla, Iceland

An Icelandic deep-tech company building AI to enhance fuel efficiency, reduce carbon emissions and improve safety for boat operations.

Autonomous VehiclesInternet of ThingsMarine TechnologyMarine TransportationSaaSSoftware
Series UnknownMay 3, 2021
3Z Pharmaceuticals

Reykjavík, Gullbringusysla, Iceland

3Z Pharmaceuticals focuses on developing drugs that would improve the central nervous system.

ConsultingHealth CareMedicalPharmaceuticalProduct Research
SeedOct 12, 2020
Amount Raised: $217,423
Tyme Wear

Boston, Massachusetts, United States

Tyme Wear is a smart shirt that helps personalize your training by assessing your metabolic profile from your breathing.

Consumer Electronics
Series UnknownApr 14, 2020
Amount Raised: $1,400,000
PayAnalytics

Reykjavík, Gullbringusysla, Iceland

PayAnalytics makes compensation analytics software that helps companies monitor and address diverse pay gaps, including the gender pay gap.

AnalyticsEmployee BenefitsEmploymentHuman ResourcesSoftware
SeedJan 21, 2020
Amount Raised: $525,000
Florealis

Reykjavík, Gullbringusysla, Iceland

Florealis is a pharmaceutical company that offers herbal medicines and medical products.

Health CareMedicalPharmaceutical
Equity CrowdfundingJan 15, 2020
Amount Raised: $750,553