Brunnur Ventures GP
Venture capitalReykjavik · Pre-Seed–Series A · 9 people tracked
Investment thesis
Brunnur Ventures backs visionary, high-growth startups through a collaborative, partnership-driven approach. The firm emphasizes long-term value creation and a deep understanding of the markets it invests in, positioning itself as a hands-on partner to entrepreneurs. Its portfolio spans healthtech, SaaS, gaming, deeptech and other sectors, reflecting a broad focus on companies with strong scaling potential.
Source: firm website, verified Aug 3, 2026.
Team · 9 people
from the firm's website & public directoriesWhat they invest in
from 17 of 26 portfolio companiesSaaS ×6Biotech ×4Enterprise Software ×4Healthtech ×4Gaming ×3AI & Machine Learning ×2Cleantech ×2Consumer ×2
HQs:Iceland×8United States×2Canada×1Switzerland×1
Investments · 26 tracked
founders shown can be your intro pathBy year:2025 · 12022 · 12 dated
Axelyf develops RNA medicines built on nanotechnology formulations and nucleic acid technologies, working across the drug development pathway from CMC and clinical pharmacology to computational sciences.
AI & Machine LearningBiotechDeep TechHealthtechChestnut Hill, US
Orn Almarsson(Executive Officer, Director, Promoter)
BoardArni Blondal(Director)John Lucas(Director)
Develops and implements solutions that increase sustainability and reduce waste.
Atmoselect provides custom music streaming hardware, curated playlists, and scent solutions to enhance the in-store atmosphere for hospitality and retail brands.
Bunkhouse Games is an Icelandic game studio that develops multiplayer action adventure games focused on collaboration and social connection.
GamingReykjavik, IS
Matthías Guðmundsson(CEO & Founder)Ólöf S. Magnúsdóttir(Creative Director & Co-founder)
Laki Power provides grid monitoring technology that delivers real-time data on power grid infrastructure, including monitoring in extreme weather and surveillance of critical assets.
CleantechEnergyHardwareIoT
Nanitor provides an enterprise-grade Continuous Threat Exposure Management (CTEM) platform that delivers real-time visibility and prioritization of IT security issues across assets, vulnerabilities, and compliance for organizations globally.
CybersecurityEnterprise Software
Porcelain Fortress is a game studio that develops simple, polished games for the PC market, drawing inspiration from classic arcade and console games.
GamingReykjavik, IS
Quest Portal is a virtual tabletop (VTT) platform for playing tabletop role-playing games (TTRPGs) on desktop and mobile, offering an AI assistant, character sheets, battlemaps, ambient music, and backdrops.
AI & Machine LearningGamingSaaSReykjavík, IS
Beatrice Slprandi(Director)Gudmundur Gunnlaugsson(Executive Officer)Gunnar Holmsteinn Gudmundsson(Executive Officer, Director)Steinn Runarsson Steinsen(Executive Officer, Director)
SkyrBiotics® is a consumer-facing biotic ingredient concept for dairy products, combining named microbiome strains, research-informed doses, and scientific substantiation for co-branding partnerships with dairy brands.
BiotechFoodTechHealthtechWellness & FitnessReykjavík, IS
Smitten is a dating app that uses personality games, challenges, and interactive search features to help users find matches based on compatibility and shared interests rather than superficial criteria.
ConsumerMarketplaces
Standby Deposits offers an alternative to traditional rental security deposits, letting residents avoid paying an upfront deposit while properties keep protection.
FintechPropTechNew York, US
Egil Agustsson(Executive Officer, Director)Clinton Miller(Executive Officer, Director)Elvar Thormar(Executive Officer, Director)Egill Agustsson(Executive Officer, Director)
Portfolio news
latest coverage across their companiesAvo · en.wowtale.net · Apr 18, 2026
Frequently asked questions
- What stage does Brunnur Ventures GP invest at?
- Brunnur Ventures GP invests at the Pre-Seed, Seed, Series A stages.
- What is Brunnur Ventures GP's typical check size?
- Brunnur Ventures GP typically writes checks of $1M – $3M.
- What sectors does Brunnur Ventures GP focus on?
- Brunnur Ventures GP focuses on Advanced Manufacturing, Biotech, Consumer, Cybersecurity, Deep Tech, Energy, Enterprise Software, Fintech, FoodTech, Gaming, Healthtech, Media & Entertainment, SaaS, Sector Agnostic, Travel & Hospitality.
- Where is Brunnur Ventures GP located?
- Brunnur Ventures GP is headquartered in Reykjavik, IS.
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