Silfurberg
Reykjavik investment company founded in 2002 and owned equally by its two founders; invests in early-stage health care, biotech and life-science companies.
USEFUL FOR Founders · Co-investors
Family & background
- HEADQUARTERS
- Reykjavik, Iceland
- FOUNDED
- 2002
Investment approach
- STAGES
- Seed
- ROUTES
- Direct investments
- STRATEGIES
- Venture capital
- INBOUND
- Accepts submissions
Overview
Silfurberg ehf. is a Reykjavik investment company founded in 2002 by Friðrik Steinn Kristjánsson and Ingibjörg Jónsdóttir, who hold equal shares. It looks for early-stage health care, biotech and life-science investments, typically at the first financing round, and accepts business plans. Silfurberg was the main shareholder of Invent Farma, founded by Kristjánsson in 2004 and acquired by Apax-advised funds in 2016. It also runs the Silfurberg Art Fund and a US subsidiary, Berg Energy Ventures, for early-stage technology investments.
Investment thesis
Early-stage investments, typically in a company's first financing round, in health care, biotech, pharmaceuticals and other life sciences, with Silfurberg acting as an active participant that adds value.
Holdings & investments (1)
INVESTMENT ARMS & VEHICLES
- Berg Energy VenturesUS subsidiary of Silfurberg that focuses on early-stage technology investments
- Art fund directed by Ingibjörg Jónsdóttir
HOLDINGS & INVESTMENTS · MOST RECENT FIRST
- Invent FarmaBiotech & Life Sciences · since 2004 · exited (acquired by funds advised by Apax Partners, 2016)
People
Classification
Single Family Office. Manages one family's own capital, with no outside investors. The family bears every loss. How family capital is classified →
FAQ
Silfurberg is a single family office based in Reykjavik, Iceland, founded in 2002.
Silfurberg invests directly in companies. Its stated asset mix includes venture capital.
Silfurberg invests at Seed stage in HealthTech and Biotech & Life Sciences.
Key people at Silfurberg include Friðrik Steinn Kristjánsson (CEO; co-founder), Ingibjörg Jónsdóttir (Co-founder; Director of Silfurberg Art Fund) and Áshildur Friðriksdóttir (CEO of Berg Energy Ventures).
Silfurberg's holdings and investments include Invent Farma.
Silfurberg states that it accepts submissions through its official contact page.