Crowberry Capital is a Nordic venture capital firm founded by Hekla Arnardóttir, Helga Valfells, and Jenny Ruth Hrafnsdottir, with offices in Reykjavík, Copenhagen, and Stockholm. The firm invests in seed and early-stage startups across the Nordics, with initial ticket sizes ranging from €200,000 to €2,000,000. Crowberry's second fund totals €90 million and backs technical founders solving real problems across sectors including gaming, fintech, SaaS, AI/ML, and healthtech. Crowberry follows a "company first" philosophy, committing to long-term partnerships and hands-on support from seed through exit. The firm emphasizes inclusive investing, actively addressing the gender gap in venture capital. Its portfolio includes over 25 companies such as 1939 Games, 7shifts (exited to Toast), Avo, Equals, and SnerpaePower.
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Hekla Arnardóttir
Founding Partner
Helga Valfells
Founding Partner
Jenny Ruth Hrafnsdottir
Founding Partner
Stella Stoyanova
Head of Data Modeling
Inga Eiríksdóttir
Platform Manager
Hrafnkell Ásgeirsson
General Counsel
Svana Ingólfsdóttir
Venture Partner
Kári Tristan Helgason
Venture Partner
Tim McCarthy
Venture Partner
Jóhann Pétur Harðarson
Venture Advisor