# New Business Venture Fund

New Business Venture Fund is a Venture Capital based in Reykjavik, Iceland.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Reykjavik, Iceland
- **Region:** Europe
- **Address:** Reykjavik, Iceland
- **Founded:** 1998
- **Assets under management:** Undisclosed
- **Website:** nyskopun.is
- **LinkedIn:** https://www.linkedin.com/company/nsa-ventures

## Regulatory record

- **Reports private funds:** No

## About

The New Business Venture Fund Kría bases its support on investment opportunities in the market and focuses on areas where the need for public support is greatest. It aims for reasonable returns while avoiding direct competition with existing investors when sufficient capital is available, and seeks to enhance continuity of public support for innovative companies. The fund may invest in other funds, provide convertible loans, make direct investments in startups and innovation-driven companies, or offer comparable financing. Direct investments are evergreen and not bound by a defined investment period.

## Questions

### How does Kría source its investment opportunities?

Kría accepts direct applications from companies via its website and encourages a structured introductory email. The investment council reviews submissions regularly, and if the council decides to proceed, it requests additional data and presentations. The firm also participates in the Icelandic startup ecosystem through events like Startup Supernova.

### Does Kría take board seats in its portfolio companies?

Yes. The fund states it generally requires a board seat as a condition of investment. The stated purpose is to participate in building the company and supporting its progress.

### What conditions does Kría set for its investments?

Typical conditions include the startup owning its business concept, full financing being secured, and the founder actively participating in building the company. The fund also seeks board representation.

### How does Kría exit its investments?

The fund evaluates the optimal time to sell its stake, prioritizing strong returns to redeploy into new ventures. At exit, Kría emphasizes protecting the company's interests and ensuring the incoming investors have the capacity to support the company's continued growth.

## Related profiles

- [NewBuild Venture Capital](https://altss.com/profile/newbuild-venture-capital)
- [NEW Capital Fund](https://altss.com/profile/new-capital-fund)

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Last updated: 2026-08-11T15:07:34.613Z

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