Crowberry Capital
Kalkofnsvegur 2, 4th Floor, Reykjavík, Gullbringusysla, 101, Iceland
Overview
Crowberry Capital invests at seed and early stage in outstanding teams building global businesses around true technology advantages. They work with their teams to build fast paced, international companies from the Nordics. They have a strong follow through philosophy. They back the best from seed to exit. The founding partners behind Crowberry Capital have worked together for over 7 years. The Crowberry team has managed over 51 technology start-ups, negotiated a total of 15 exits and made 17 seed investments. The Crowberry team has a Global outlook having lived and worked in a total of 8 countries on 4 continents.
- Total investments
- 30
- Lead investments
- 15
- Investments · 12mo
- 5
- Active investors
- 3
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- SNERPA Power
Participated · Seed · Aug 2026
Founded in January 2022 by former power-system and operations experts, SnerpaPower provides a platform that links factory operations directly to electricity contracts and markets to forecast demand and automatically adjust consumption. Its software enables industrial customers to shift or reduce non-essential electricity use to lower costs or receive payments for flexibility while production continues. The company currently manages more than 10 TWh of industrial electricity across roughly 15 Nordic locations, representing over 1% of the electricity used by industry in the EU. SnerpaPower focuses exclusively on high-consumption industrial customers rather than a wide variety of assets. With the latest €3.4 million financing (plus prior rounds including a €2.2 million seed in 2023), the company plans to expand its platform throughout Europe. Founders cite their Icelandic renewable-energy context and system-operator experience as core to the business model.
- Quanscient
Participated · Series A · May 2026
Quanscient develops a cloud-based, code-driven multiphysics simulation platform combined with quantum algorithms and AI integration to accelerate hardware engineering. Its platform aims to shorten development cycles, reduce reliance on physical prototypes, and decrease simulation runtimes while producing large volumes of physics data for AI models. The company reports industrial customers across Europe, North America, and Japan, including Fortune 100 firms. Quanscient plans to use the Series A proceeds to expand internationally and continue developing its simulation, quantum computing, and AI capabilities. The company positions its architecture as a foundation for physics-aware AI models for engineering design. No revenue or other financial metrics were disclosed in the article.
- Hemi Health
Participated · Seed · Feb 2026
Founded in 2023, Hemi Health combines multidisciplinary clinical expertise with a proprietary digital platform and mobile app to deliver personalised diagnostics, treatment plans, continuous monitoring and coordinated care for complex chronic and neuroplastic pain conditions. Initially focused on migraine and headache disorders, the company has broadened its scope to concussion and whiplash care, operating through both physical clinics in Frederiksberg, Middelfart and Aarhus and virtual video consultations. More than 1,000 patients have used its structured treatment model to date. The HEMI app lets users track symptoms in a digital diary and connect with specialists, and the company collaborates with several insurance providers to integrate its services. Fresh funding will support international expansion starting with the Netherlands and accelerate development of the AI-enabled care platform. Management believes AI can turn fragmented, multi-year care journeys into structured programmes with measurable outcomes, positioning Hemi Health for growth in insurance-driven healthcare markets.
- Scaleup Finance
Participated · Equity · Oct 2025
Founded in 2021, Scaleup Finance blends human expertise and software to deliver strategic finance services to smaller companies that typically lack an in-house CFO. Its new product, Nume, connects directly to clients’ banking and accounting systems to generate liquidity forecasts, board-ready reports and proactive risk alerts through familiar channels like Slack and email. The technology is built on lessons learned from Scaleup Finance’s 40 human CFOs who have supported more than 500 high-growth startups across Europe. During a private beta, over 2,500 companies from 80 countries signed up for Nume, demonstrating global demand. The company hit €1 million in ARR in its first year entirely through word-of-mouth, highlighting strong product-led growth economics. By leveraging a multi-agent AI architecture that the team claims delivers 100 % numerical accuracy, Scaleup Finance hopes to make professional-grade financial leadership accessible to the long tail of 50 million SMEs worldwide. The fresh capital will be used to bring Nume to market at scale.
- Dreamdata
Participated · Series B · Oct 2025
Dreamdata provides a platform that turns raw, siloed customer-journey information into a single source of truth, giving B2B marketing teams granular ROI insights and instant activation capabilities. Its software eliminates fragmented analytics and cumbersome workflows by building a unified go-to-market data model. The product layers AI tools and agents on top of this data foundation, enabling features such as audience orchestration, attribution reporting, predictive signals, and automated conversion syncs across major advertising platforms. By supplying accurate, purpose-built data, Dreamdata helps marketers move from insight to action in real time. The company is headquartered in New York City and is led by CEO Nick Turner. While revenue and user counts were not disclosed, the company’s latest $55 million Series B round signals significant growth investment. Proceeds from that financing will fund operational expansion and further development of the platform’s predictive and automation capabilities.