Activity Stream announced a ISK 270 million (~$2 million) funding from Frumtak II among three other investment funds and danish fund Seed Capital. Activity Stream makes organization better and more efﬁcient by turning underutilized business data into actionable intelligence and insights. It does so by observing the actions.
Arctic Trucks, the Iceland based developer of ultra high capability off-road vehicles, has announced a significant growth capital investment from Frumtak II, a major Icelandic fund that supports international expansion of quality Icelandic businesses. Arctic Trucks uses the Icelandic spirit of adventure with innovative engineering, to develop the ultimate solutions for off road driving
Appollo X has announced a ISK 50 million from Frumtak Ventures. The investment will be used to boost development of Watchbox, the company’s main product. Watchbox is a platform that enables interactions between groups and communities through photos and short videos. Users can share their own channels or channels they particularly like