Eyrir Vöxtur

Eyrir Vöxtur is a private equity investment firm based in Reykjavík, Iceland, established in 2021. The firm specializes in growth and expansion investments, targeting companies poised for rapid development and scalability in production, sales, marketing, and business operations. Eyrir Vöxtur focuses on ventures that not only demonstrate potential for international growth but also contribute positively to society and the environment, aligning with its commitment to environmental, social, and governance (ESG) principles.

Kristinn Pálmason

Managing Director

4 past transactions

Laki Power

Venture Round in 2023
Laki Power ehf is an Icelandic company established in 2015, specializing in eco-friendly power solutions through innovative research and development services. Headquartered in Reykjavik, Laki Power focuses on advanced monitoring systems for overhead power lines, employing technologies such as real-time intelligence and specialized sensors. Their grid inspection solution enhances preventive maintenance by allowing drones to charge directly on high-voltage lines, facilitating autonomous inspections in remote areas where ground crew deployment is impractical. The company also addresses critical issues like icing, wildfires, and grid congestion by providing stationary monitoring solutions at essential grid points. Through these initiatives, Laki Power aims to optimize grid capacity and improve reliability without relying on external power sources.

DTE ehf

Series A in 2023
DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety.

Tulipop

Venture Round in 2023
Tulipop is a unique children's brand, founded by Signy and Helga, offering an enchanting range of products inspired by nature and featuring original, whimsical characters like Bubble and Gloomy. Their online retail platform sells a variety of collectibles, including vinyl figurines, plush toys, and accessories, challenging traditional gender stereotypes.

Justikal

Seed Round in 2022
Justikal is an innovative e-court system designed to facilitate secure and trusted document handling for various stakeholders involved in legal proceedings. The platform incorporates qualified timestamps to ensure the integrity and authenticity of submissions, allowing clients to confidently manage their legal documents. By streamlining processes and enhancing security, Justikal aims to improve the efficiency of legal workflows and foster trust among users.
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