Ásthildur Otharsdóttir

General Partner, Frumtak Ventures
Ásthildur Otharsdóttir brings a decade leading global M&A and fundraising at Össur plus seven years as chair of listed industrial tech company Marel, offering uncommon boardroom credibility for scaling companies.
How to contact Ásthildur Otharsdóttir
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Avg Check
€1M - €3M
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Does their fund Lead?
No
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Ásthildur Otharsdóttir
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Sectors their fund invests in
SaaS
Logistics
Health
AI
Fintech
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€1M - €3M
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No
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About Ásthildur Otharsdóttir

Ásthildur Otharsdóttir brings unusually deep hands-on experience with acquisitions and capital-raising from her decade leading global business development at Össur, where she ran international M&A and funding, compared with many VCs who come primarily from finance or founder roles. She served as chair of Marel, one of Iceland's largest industrial tech companies, for seven years—an uncommon level of listed-company governance experience among VCs that signals strong boardroom credibility with scaling companies.

About their Fund

Frumtak Ventures

Sectors
SaaS, Logistics, Health, AI, Fintech
Rounds
Seed - Series B+
Avg Check Size
€1M - €3M

Frumtak Ventures is one of Iceland's most established VC funds, operating through four consecutive funds while focusing exclusively on Icelandic and Nordic founders with global potential rather than running a broad international strategy. The firm has become Iceland's go-to lead investor for life sciences and complex industrial tech, using a concentrated approach with large initial investments (€1–3M) and close involvement from seed through IPO.

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