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Hekla Arnardóttir is a Founding Partner at Crowberry Capital based in Reykjavík, Iceland. Before co-founding the firm in 2017, she served as an Investment Director at NSA Ventures. At Crowberry Capital, she oversees a portfolio of over 25 companies and was instrumental in launching the firm's €76 million second fund to back Nordic and Baltic founders with initial tickets ranging from €200,000 to €2 million. She actively serves on the boards of several growing technology startups, including the anti-money laundering compliance platform Lucinity and the data-planning software company Avo. Arnardóttir holds a Bachelor of Science in Industrial Engineering from the University of Iceland and a Master of Science in Engineering from the Technical University of Denmark. Her current investment focus centers on seed-stage enterprise software, financial technology, and digital health ventures across the Nordic region.
Hekla Arnardóttir is a highly respected and influential figure in the Nordic venture capital ecosystem, serving as a founding Partner at Crowberry Capital. Based in Reykjavik, Iceland, Crowberry Capital is a leading early-stage venture fund dedicated to investing in ambitious technology companies primarily across Iceland and the broader Nordic region. Hekla plays a pivotal role in the firm's strategic direction, investment decisions, and the hands-on support provided to its portfolio companies. Her expertise is crucial in identifying high-potential startups, conducting rigorous due diligence, and guiding founders through critical growth phases, from initial seed funding to Series A and beyond.
Hekla's investment philosophy is deeply rooted in backing innovative founders who are building scalable solutions to complex problems. Her focus areas are broad yet strategic, encompassing disruptive technologies across various sectors. She actively seeks out opportunities in B2B SaaS, where companies are transforming enterprise operations; fintech, driving the future of financial services; gaming, a rapidly expanding creative industry; health tech, improving healthcare delivery and outcomes; and sustainable solutions, addressing critical environmental challenges. She is particularly passionate about supporting companies that leverage deep technology and intellectual property to create significant market advantages. Hekla is also a vocal advocate for diversity and inclusion within the startup world, believing that diverse teams lead to more robust and innovative outcomes.
Prior to co-founding Crowberry Capital, Hekla Arnardóttir cultivated an impressive career that provided her with a comprehensive understanding of both the entrepreneurial journey and the investment landscape. Her background includes significant experience in venture capital, where she honed her skills in deal sourcing, valuation, and portfolio management. She has also held key roles within the startup community, giving her firsthand insight into the operational challenges and strategic decisions founders face daily. This blend of investor and operator experience makes her an invaluable mentor and advisor to Crowberry Capital's portfolio companies. Her career trajectory underscores a consistent commitment to fostering innovation and empowering entrepreneurs to realize their visions.
Beyond her direct investment activities, Hekla Arnardóttir is a recognized thought leader and active participant in the Nordic tech community. She frequently shares her insights at industry conferences, workshops, and mentorship programs, contributing to the collective knowledge base of the startup ecosystem. Her contributions extend to advising on market trends, fundraising strategies, and effective scaling methodologies for early-stage companies. Through her strategic leadership at Crowberry Capital and her broader engagement, Hekla Arnardóttir continues to be a driving force behind the growth and success of the next generation of technology innovators in Iceland and the Nordics, solidifying her reputation as a key architect of regional economic development.
Hekla Arnardóttir is a founding Partner at Crowberry Capital, a prominent venture capital firm based in Iceland. She is a key investor and thought leader in the Nordic tech ecosystem, focusing on early-stage technology companies.
Hekla Arnardóttir primarily invests in early-stage technology companies across Iceland and the Nordic region. Her investment focus includes B2B SaaS, fintech, gaming, health tech, sustainable solutions, and other disruptive technologies.
Hekla Arnardóttir works as a Partner at Crowberry Capital, a venture capital firm headquartered in Reykjavik, Iceland.