Crowberry Capital
Crowberry Capital is a Nordic-focused venture capital firm that specializes in seed and early-stage investments in technology-driven startups across the Nordic and Baltic regions. Founded in 2017 and headquartered in Reykjavík, Iceland, the firm also has offices in Copenhagen, Denmark, and Stockholm, Sweden. It is recognized for its female-led management team, which includes partners Helga Valfells, Hekla Arnardottir, and Jenny Ruth Hrafnsdottir. The firm manages approximately $130 million across two funds, Crowberry I and Crowberry II, and emphasizes a strong follow-through philosophy, suppo
Investing activity
Crowberry Capital appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $4M. The most recent is SnerpaPower (Seed, €3.4M, Aug 2026).
Crowberry Capital most often invests alongside Encevo, Icelandic Technology Development Fund and BackingMinds, and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about Crowberry Capital
What AI companies has Crowberry Capital invested in?
Crowberry Capital's AI investments include SnerpaPower. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
Where is Crowberry Capital based?
Crowberry Capital is based in Reykjavik, Capital Region, Iceland.
What stage does Crowberry Capital invest at?
In the rounds tracked on Lounge, Crowberry Capital has invested at Seed, with a median round of $4M.
Who does Crowberry Capital co-invest with?
Crowberry Capital's most frequent co-investors on Lounge are Encevo (1 deal), Icelandic Technology Development Fund (1 deal) and BackingMinds (1 deal).
How can founders reach Crowberry Capital?
Founders on Lounge can see Crowberry Capital's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Crowberry Capital to their Investor Pipeline to track the conversation.