Brunnur Ventures

Brunnur Ventures invests in entities in Iceland and has the ability to invest abroad as a part of the expansion of its portfolio companies internationally. The venture firm does not have a specific industry focus. However, it investments in companies that show great growth potential in specific industry sectors. Brunnur Ventures is the General Partner of Brunnur Venture Capital Fund a USD 40M fund.

Sigurdur Arnljotsson

Founding Partner

Árni Blöndal

Founding Partner

Past deals in Iceland

Laki Power

Seed Round in 2019
Laki Power ehf is an Icelandic research and development company established in 2015, specializing in eco-friendly power solutions. The company focuses on innovative technologies, such as the Power On-Line Generator (POLG) and electromagnetic energy harvesting through its Powergrab system. Laki Power provides advanced monitoring services for overhead power lines, utilizing a line-powered monitoring system that includes optical and thermal cameras, weather stations, and sensors. This system enables real-time monitoring of conditions such as icing and wildfires while optimizing grid capacity through dynamic line rating. Laki Power's shareholders include Rásmark ehf., a developer of electronic devices, Mannvit hf., a consultancy in engineering and technical services, and Startup Energy Reykjavík, an investment program targeting energy-related projects. The company is headquartered in Reykjavik, Iceland.

Ghostlamp

Venture Round in 2018
Ghostlamp ehf provides agencies and brands with a platform to launch influencer marketing campaigns. The company’s platform automates the process of finding, contracting and paying influencers. Ghostlamp ehf was founded in 2014 and is headquartered in Reykjavk, Iceland with additional office in Seattle, Washington.

Ghostlamp

Seed Round in 2017
Ghostlamp ehf provides agencies and brands with a platform to launch influencer marketing campaigns. The company’s platform automates the process of finding, contracting and paying influencers. Ghostlamp ehf was founded in 2014 and is headquartered in Reykjavk, Iceland with additional office in Seattle, Washington.