Svana is Co-founder and Managing Partner of Frumtak Ventures. She has overseen several mergers and acquisitions internationally and has extensive experience founding and leading startups. Before returning to Iceland in 2009, Svana studied, lived and worked in The Netherlands, South Africa, Brazil and the United States. Svana has an international MBA from Nyenrode University in The Netherlands with program studies at the Kellogg School of Management in the US and at the Stellenbosch University in South Africa. She holds several Board of Directors positions in companies across the Frumtak portfolio.

Eggert is the General Partner and co-founder of Frumtak Ventures. Being a serial entrepreneur, he has extensive experience in founding and operating start-ups in the IT sector from 1981-2006. He has promoted the IT industry in Iceland by serving on various boards and committees, among them being the chairman of the Icelandic IT companies Association. He has specialized in realizing intangible values in IT companies and participated in cross borders projects on the subject. He has a doctorate in Knowledge Management from Brunel University/Henley Management College in the UK where he specialized in the effects of managing intangible assets in order to improve performance in small IT companies. He sits on the board of the companies in the Frumtak portfolio and is very active in the start-up community.

Ásthildur is a partner and investment manager at Frumtak Ventures. Before joining the partner group, she was Chairman of firm‘s Board of Directors from 2015-2021. She has served on several boards, including Marel from 2010-2021, thereof the last seven years as Chairman, and Icelandair Group from 2012-2019. Ásthildur has lead Global Business Development at Össur, where she managed mergers and acquisitions as well as funding, and worked as a management consultant at the global consulting firm, Accenture. She has an MBA degree from the Rotterdam School of Management in The Netherlands and a business degree from the University of Iceland. Along with serving on boards of Frumtak portfolio companies, she is on the board of Business Iceland, the Board of Governors of the University of Iceland and the Advisory Board of Boards Impact Forum.

Rakel is the Chief Financial Officer of Frumtak Ventures. She has a BSc. from Reykjavík University 2011 but before that she had worked for years with the courts and at a legal partnership and has also worked on accounting and other office related tasks. She handles the finances of the Frumtak funds and is responsible for the portfolio company reporting and also the reporting to Frumtak shareholders. 

Brynja is a financial analyst at Frumtak Ventures. She has a BSc. from the University of Iceland in Business Administration majoring in finance and is currently working on her MSc. in Corporate Finance. Brynja first joined the Frumtak team in 2019 as an intern.

Frodi Steingrimsson is Frumtak‘s General Counsel. He attends to all legal matters of Frumtak and provides support and legal advice to portfolio companies. Before joining Frumtak, Frodi was an independent advisor to multiple innovation and emerging companies, both in Iceland and abroad, as well as working as corporate counsel to both CCP Games and Siminn. Frodi has an LL.M. degree from Columbia Law School and a Cand. Jur. degree from the University of Iceland. Frodi is furthermore an Adjunct Professor at the Bifrost University’s Department of Law and a Lecturer at Reykjavik University.