AUÐUR I is a private equity fund that invests in companies with high growth potential, The fund puts an emphasis on investing in businesses that are owned/or are run by women or where the Auður approach can create more value. The size of the fund is approximately 30 million Euros. NSA Ventures has a 4.7% stake in the fund.

Frumtak is an early stage and growth capital investor that invests in Icelandic technology start-ups with international potential. Frumtak focuses on Icelandic investments in Iceland but has the mandate to invest outside Iceland if necessary to help grow existing portfolio companies. Frumtak is a gerneralist fund. NSA Ventures has a 37% share in Frumtak and is part owner of Frumtak GP.