Investments
18Portfolio Exits
3Funds
2About Thule Investments
Thule Investments is a private equity and venture fund management company. Founded at the end of 2003 by Straumur-Burdaras Investment Bank to hold and manage its venture and other privately held assets, the shareholders now include a number of Icelandic pension funds. Thule Investments currently manages two funds, Bru Venture Capital and Bru II Venture Capital Fund S.C.A. SICAR. The portfolios include assets in Iceland, USA, UK and Scandinavia. The company invests in post-seed stage companies in Iceland, Europe, and the east coast U.S.
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Thule Investments Investments
18 Investments
Thule Investments has made 18 investments. Their latest investment was in Theriak as part of their Growth Equity on June 6, 2010.
Thule Investments Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
6/30/2010 | Growth Equity | Theriak | $0.61M | No | 1 | |
5/17/2010 | Series E - III | Cyntellect | $6M | No | ||
3/19/2010 | Series E - II | Cyntellect | $3M | No | ||
11/17/2009 | Unattributed VC | |||||
3/19/2009 | Unattributed |
Date | 6/30/2010 | 5/17/2010 | 3/19/2010 | 11/17/2009 | 3/19/2009 |
|---|---|---|---|---|---|
Round | Growth Equity | Series E - III | Series E - II | Unattributed VC | Unattributed |
Company | Theriak | Cyntellect | Cyntellect | ||
Amount | $0.61M | $6M | $3M | ||
New? | No | No | No | ||
Co-Investors | |||||
Sources | 1 |
Thule Investments Portfolio Exits
3 Portfolio Exits
Thule Investments has 3 portfolio exits. Their latest portfolio exit was Muzicall on October 28, 2013.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
10/28/2013 | Acquired | 1 | |||
Date | 10/28/2013 | ||
|---|---|---|---|
Exit | Acquired | ||
Companies | |||
Valuation | |||
Acquirer | |||
Sources | 1 |
Thule Investments Acquisitions
1 Acquisition
Thule Investments acquired 1 company. Their latest acquisition was Cadec Global on February 13, 2006.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
2/13/2006 | Other | $4M | Acquired |
Date | 2/13/2006 |
|---|---|
Investment Stage | Other |
Companies | |
Valuation | |
Total Funding | $4M |
Note | Acquired |
Sources |
Thule Investments Fund History
2 Fund Histories
Thule Investments has 2 funds, including Bru II Venture Capital Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
2/6/2007 | Bru II Venture Capital Fund | Early-Stage Venture Capital | Closed | $46.88M | 1 |
12/31/2003 | Bru Venture Capital Fund |
Closing Date | 2/6/2007 | 12/31/2003 |
|---|---|---|
Fund | Bru II Venture Capital Fund | Bru Venture Capital Fund |
Fund Type | Early-Stage Venture Capital | |
Status | Closed | |
Amount | $46.88M | |
Sources | 1 |
Thule Investments Team
4 Team Members
Thule Investments has 4 team members, including current Chief Executive Officer, Gãsli Hjã¡lmtã½sson.
Name | Work History | Title | Status |
|---|---|---|---|
Gãsli Hjã¡lmtã½sson | Chief Executive Officer | Current | |
Name | Gãsli Hjã¡lmtã½sson | |||
|---|---|---|---|---|
Work History | ||||
Title | Chief Executive Officer | |||
Status | Current |
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