| Iceland
| Investor Type | Firm |
| Industries | CleanTech • A.I. (& Big Data) |
| Stages | Pre-seed, Series A, Series B, Seed |
| Investing | Iceland |
| Investment Range | $100,000 - $5,000,000 |
| Investment Sweet Spot | $1,500,000 |
What is foobar.vc?
Foobar.vc is a venture capital firm that focuses on investments in early-stage startups operating within the CleanTech, A.I., and Big Data sectors. They are committed to helping build innovative companies that address crucial challenges and drive significant social impact, particularly in areas related to climate change, civilizational decarbonization, and overall sustainability.
The firm offers financial support to companies from the pre-seed stage through Series B, with a special interest in those that have the potential to make a substantial difference in sustainability, democracy, and civil liberty. With an investment range starting from $100,000 to a maximum of $5,000,000, their sweet spot for investment is around $1,500,000.
The team at Foobar.vc comprises a diverse group of professionals from various backgrounds, including technology, law, finance, arts, and policy-making, each bringing a unique perspective and expertise to the table.
The team is led by individuals such as David Helgason, a co-founder of Unity and an advocate for climate change initiatives; Benjamin Ratz, COO with a background in venture investment and public policy; Lisa Vokes-Pierre, who has extensive experience in global process development; Valdimar Ólafsson, involved in real estate management and acquisition; and Kjartan Ólafsson, who heads Transition Labs, an initiative designed to accelerate the world's shift to a climate positive future.
They are headquartered in Reykjavik, Iceland, and hold a strong commitment to fostering a future where business intersects with environmental consciousness and social responsibility.
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