Icelandic VC closes $87M fund as country's startup scene comes of age
Briefly

Frumtak Ventures launches $87M fund targeting B2B SaaS startups with a focus on AI, software, and deeptech, aiming to enhance historically strong Icelandic industries and grow global market leaders.
Iceland's tech ecosystem attracts attention for a skilled workforce, robust infrastructure, and investment culture, reflected in high investment capital per capita, indicating a maturing venture capital scene.
Read at TNW | Deep-Tech
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