Crowberry Capital

Crowberry Capital is a venture capital firm based in Reykjavik, Iceland, focused on seed and early-stage technology startups across the Nordic region. The firm backs teams with strong technology advantages and supports building fast-growing, international companies that can scale beyond the Nordics. It emphasizes a hands-on approach throughout the investment cycle, from seed to exit. The team combines extensive experience in managing technology startups and exits with a global outlook gained from work in multiple countries. Investments span sectors such as health tech, software-as-a-service, fintech, gaming and consumer products, reflecting a broad tech mandate in the Nordic ecosystem.

Hekla Arnardóttir

Partner

Jenny Ruth Hrafnsdottir

Partner

Aron Jóhannsson

Analyst

Jack Peters

Investor

Helga Valfells

Managing Partner

Past deals in Cards

1939 Games

Venture Round in 2021
Founded in 2015 by former CCP veterans, 1939 Games is an Icelandic indie game development studio specializing in World War II-themed gaming experiences. Their flagship product is KARDS, a digital collectible card game that blends familiar card game elements with classic WWII gaming.

1939 Games

Venture Round in 2020
Founded in 2015 by former CCP veterans, 1939 Games is an Icelandic indie game development studio specializing in World War II-themed gaming experiences. Their flagship product is KARDS, a digital collectible card game that blends familiar card game elements with classic WWII gaming.

1939 Games

Seed Round in 2019
Founded in 2015 by former CCP veterans, 1939 Games is an Icelandic indie game development studio specializing in World War II-themed gaming experiences. Their flagship product is KARDS, a digital collectible card game that blends familiar card game elements with classic WWII gaming.

1939 Games

Seed Round in 2018
Founded in 2015 by former CCP veterans, 1939 Games is an Icelandic indie game development studio specializing in World War II-themed gaming experiences. Their flagship product is KARDS, a digital collectible card game that blends familiar card game elements with classic WWII gaming.
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