![Svana Gunnarsdóttir](/content/images/size/w720/wordpress/2019/06/svana_g.jpg)
Frumtak sells its 11.33% stake in Controlant for $14.5m
Frumtak 1, one of the funds under management by Frumtak Ventures, has sold its 11.33% stake in Controlant for around $14.5m (a little under 2000m ISK, the exact amount is undisclosed), to a group of Controlant’s current investors led by Investco ehf. The transaction values the company