Brunnur Ventures GP was founded in 2014 and has since developed a rich network of co-investors. We make early and transformational investments in companies that have the potential to do great things. Our dedicated team is made up of seasoned investors who are looking to partner with hard-working, visionary entrepreneurs. In Iceland, conditions are extremely favorable for start-up and growth companies with its small and flexible economy, and strong infrastructure. Icelanders generally have a can-do attitude, and entrepreneurship and creativity are highly regarded. In the field of innovation it is often said that the best time to invest is on the back of a recession, and this has in fact proven to be the case in Iceland. Numerous successful start-ups have emerged since the financial crisis in 2008 and continue to emerge as Icelanders learn to appreciate their importance in the economy. Brunnur has two active funds (110 mUSD assets under management). The Funds’ LPs are mostly Icelandic pension funds.