Thule Investments

Thule Investments is a management firm that currently manages venture capital and private equity funds. Currently active funds are Bru Venture Capital ehf, Bru II Venture Capital Fund S.C.A. SICAR, and Bru Fasteignir (Realty). The company invests in companies in Iceland, Europe and east coast US.

Gísli Hjálmtýsson

CEO, Partner

Past deals in Iceland

Borealis Data Center

Venture Round in 2017
Borealis Data Center is a sustainable data center operator located in Reykjavik, Iceland. The company focuses on constructing data centers powered by renewable, clean, and carbon-free energy. By utilizing power usage effectiveness (PUE) indicators, Borealis provides sustainable computing services and secure data backups. The firm also establishes long-term energy contracts, which assist clients in achieving their sustainability objectives while ensuring predictable and economical operational costs.
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