Technology Development Fund
Venture Capital
Active
Reykjavik, Iceland
708
233K
281
35.40
36
0.60
10
- Stages of investment
- Areas of investment
Summary
In 2003 was created Technology Development Fund, which is appeared as VC. The venture was found in Europe in Iceland. The main office of represented VC is situated in the Reykjavu00edk.
Moreover, a startup needs to be at the age of 4-5 years to get the investment from the fund. Among the most popular fund investment industries, there are Apps, Energy. The fund has no exact preference in some founders of portfolio startups. If startup sums 5+ of the founder, the chance for it to be financed is low. Among the most popular portfolio startups of the fund, we may highlight Controlant, Activity Stream, Solid Clouds. For fund there is a match between the location of its establishment and the land of its numerous investments - Iceland.
When the investment is from Technology Development Fund the average startup value is 100 thousands - 1 million dollars. Considering the real fund results, this VC is 80 percentage points more often commits exit comparing to other organizations. The usual things for fund are deals in the range of 100 thousands - 1 million dollars. The important activity for fund was in 2015. The top amount of exits for fund were in 2017. This Technology Development Fund works on 28 percentage points less the average amount of lead investments comparing to the other organizations. The fund is generally included in 25-48 deals every year.
The typical case for the fund is to invest in rounds with 1 participant. Despite the Technology Development Fund, startups are often financed by Frumtak Ventures, EASME - EU Executive Agency for SMEs, Brunnur Ventures. In the next rounds fund is usually obtained by Brunnur Ventures, Crowberry Capital, EASME - EU Executive Agency for SMEs.
Investor highlights
- Industry focus
- Stage focus
- Geo focus
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Investments analytics
Analytics
- Total investments
- 708
- Lead investments
- 36
- Exits
- 10
- Rounds per year
- 35.40
- Follow on index
- 0.60
- Investments by industry
- Software (192)
- Health Care (152)
- Manufacturing (93)
- Information Technology (87)
- Medical (77) Show 241 more
- Investments by region
-
- Iceland (647)
- United States (16)
- United Kingdom (14)
- Netherlands (6)
- Japan (6) Show 6 more
- Peak activity year
- 2015
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Leverage validated data, identify key contacts and secure funding opportunities for your business.Quantitative data
- Avg. startup age at the time of investment
- 13
- Avg. valuation at time of investment
- 2M
- Group Appearance index
- 0.01
- Avg. company exit year
- 14
- Avg. multiplicator
- 1.72
- Strategy success index
- 0.40
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Latest deals
| Company name | Deal date | Industry | Deal stage | Deal size | Location |
|---|---|---|---|---|---|
| Princeton NuEnergy | 13 May 2022 | CleanTech, Renewable Energy | Seed | 7M |
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