01.11.2011 21:12

New investor joins Expeda

Today, the Icelandic Venture Capital Fund invested in Expeda.
The Icelandic Venture Capital Fund is the leading Icelandic venture capital investor in Iceland.
The fund invests directly in Icelandic seed and start-up companies with high growth potential to an international scale.

Founded in 1998, the Icelandic Venture is an evergreen fund that has invested in over 145 companies since its inception. Currently the fund has a portfolio of 38 companies. The majority of the fund's direct investments are in Technology and the Life Sciences.

The Icelandic Venture Capital Fund will be represented on the board and Mr. Finnur Arnason will represent it. 

Expeda welcomes the new investor and is looking forward to the collaboration!