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Crowberry Capital

Kalkofnsvegur 2, 4th Floor, Reykjavík, Gullbringusysla, 101, Iceland

Overview

Seed and early-stage investment in technology-driven global businesses.

Founded

2017

Deals · 12mo

5

Links

WebsiteLinkedInX (Twitter)

Stage focus

Seed
Series A

Geographic focus

Denmark
Finland
Iceland

Sector focus

Finance
Financial Services
Venture Capital

Investment portfolio

30rounds
NAMEDATESIZE
SNERPA Power
Aug 2026Participated
$4 MSeed
Quanscient
May 2026Participated
$12 MSeries A
Hemi Health
Feb 2026Participated
$5 MSeed
Scaleup Finance
Oct 2025Participated
$4 MOther Equity
Dreamdata
Oct 2025Participated
$55 MSeries B
Augmented Hearing
May 2025Led
$4 MSeed
Quanscient
Nov 2024Led
$6 MOther Equity
Tiimo
Aug 2024Led
$2 MOther Equity
Social First
Aug 2024Participated
$4 MSeed
Prescriby
Apr 2024Led
$2 MOther Equity
Scaleup Finance
Mar 2024Participated
$8 MSeries A
Saidot
Oct 2023Led
$2 MSeed
SNERPA Power
Aug 2026Participated
$4 MSeed
Quanscient
May 2026Participated
$12 MSeries A
Hemi Health
Feb 2026Participated
$5 MSeed
Scaleup Finance
Oct 2025Participated
$4 MOther Equity
Dreamdata
Oct 2025Participated
$55 MSeries B
Augmented Hearing
May 2025Led
$4 MSeed
Quanscient
Nov 2024Led
$6 MOther Equity
Tiimo
Aug 2024Led
$2 MOther Equity
Social First
Aug 2024Participated
$4 MSeed
Prescriby
Apr 2024Led
$2 MOther Equity
Scaleup Finance
Mar 2024Participated
$8 MSeries A
Saidot
Oct 2023Led
$2 MSeed
30
Items
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Insights

Time horizon

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Deal Distribution

Crowberry Capital: 30 funding rounds are recorded in the selected participation categories.All available history.
Crowberry Capital: 30 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed95
Series A05
Series B02
Other Equity63

Monthly Deal Activity

Crowberry Capital: 30 deals are recorded across 99 months.All available history.
Crowberry Capital: 30 deals are recorded across 99 months. All available history
MonthDeals
Aug '181
Sep '180
Oct '180
Nov '180
Dec '180
Jan '191
Feb '190
Mar '191
Apr '191
May '190
Jun '190
Jul '190
Aug '190
Sep '190
Oct '191
Nov '190
Dec '190
Jan '200
Feb '200
Mar '202
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '201
Dec '201
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '210
Jan '222
Feb '220
Mar '221
Apr '220
May '220
Jun '220
Jul '221
Aug '220
Sep '221
Oct '220
Nov '220
Dec '221
Jan '230
Feb '230
Mar '230
Apr '230
May '230
Jun '230
Jul '230
Aug '231
Sep '232
Oct '231
Nov '230
Dec '230
Jan '240
Feb '240
Mar '241
Apr '241
May '240
Jun '240
Jul '240
Aug '242
Sep '240
Oct '240
Nov '241
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '251
Jun '250
Jul '250
Aug '250
Sep '250
Oct '252
Nov '250
Dec '250
Jan '260
Feb '261
Mar '260
Apr '260
May '261
Jun '260
Jul '260
Aug '261
Sep '260
Oct '260

Sector Breakdown

Crowberry Capital: Enterprise Software is the largest displayed sector by deal count (13 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Crowberry Capital: Enterprise Software is the largest displayed sector by deal count (13 deals). All available history
SectorDeals
Enterprise Software13
Networks, Cloud & Communication8
AI & Machine Learning7
Gaming & eSports6
Data, Analytics & IT5
Space & Frontier Tech4
Fintech4
Health & Life Sciences4
Media & Entertainment3
Professional Services3
Clean Energy & Sustainability2
Developer Tools2
Education & Workforce1
E-Commerce & Retail1
Cybersecurity & Privacy1
Consumer & Lifestyle1
Crypto & Blockchain1
Marketing & Advertising1
Manufacturing1

Deal Size Distribution

Crowberry Capital: 30 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Crowberry Capital: 30 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M21
$5M-$10M5
$10M-$25M3
$25M-$50M0
$50M-$100M1
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Crowberry Capital: Europe has the largest recorded deal count among the displayed regions (28 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Crowberry Capital: Europe has the largest recorded deal count among the displayed regions (28 deals). All available history
RegionDeals
Europe28
211 191
United States1
Crowberry Capital: 20 co-investors are shown, with Sisu Game Ventures sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Crowberry Capital: 20 co-investors are shown, with Sisu Game Ventures sharing 6 recorded deals. All available history
Co-investorShared deals
Sisu Game Ventures6
Maki.vc5
Play Ventures4
InReach Ventures3
Andreessen Horowitz2
BackingMinds2
Business Finland2
byFounders2
CircleRock Capital2
First Fellow Partners2
Fly Ventures2
Futuristic VC2
Inveready2
PreSeed Ventures2
Seed X2
Seedcamp2
468 Capital1
55 North1
Alliance Venture1
Angel Invest1

Investment Strategy

Crowberry Capital: Led accounts for 50% and participating for 50% of round participation.All available history.
Crowberry Capital: Led accounts for 50% and participating for 50% of round participation. All available history
CategoryDeals (count)Share (%)
Led1550%
Participating1550%
Crowberry Capital: Single-lead accounts for 47% and co-led for 53% of lead dynamics.All available history.
Crowberry Capital: Single-lead accounts for 47% and co-led for 53% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead747%
Co-led853%

Team

Hekla Arnardottir

Founding Partner

Helga Valfells

Founding and Managing Partner

Jenny Ruth Hrafnsdottir

Founding Partner