Top 5 Art Startup Investors in Iceland in July 2025

Last updated: Jul 2025 A list of 5 angel investors and VC (Venture Capital) funds that invest in Art startups based in Iceland. We rank investors based on the number of investments they made in Art companies from Iceland. We update this investor list every month.

Top 5 Art Startup Investors in Iceland in July 2025

Investor	Art Iceland investments
Hilmar Veigar Petursson	1
Rahul Vohra	1
Sigurdur Arnljotsson	1
Birgir Ragnarsson	1
Mika Salmi	1

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Investor list

Hilmar has been leading CCP Games’ ongoing success and growth since his appointment as Chief Executive Officer in 2004. Under Hilmar’s management CCP’s critically acclaimed science-fiction game EVE Online celebrated an unprecedented ten consecutive years of subscriber growth. In addition, Hilmar has put CCP into the pole position in the VRrevolution by embracing the new technology early. The company released virtual-reality arcade shooter Gunjack for the Samsung Gear VR in 2015, which has been the best-selling game on the platform since launch. And in early 2016 CCP released EVE: Valkyrie, a hotly-anticipated multiplayer spaceship dogfighting shooter built from the ground up for virtual reality, bundled with Oculus Rift pre-orders. EVE: Valkyrie will ship on HTC Vive and PlayStation VR on PlayStation 4 later in 2016. Before his appointment to the CEO position, Hilmar held the title of CCP's Chief Technical Officer, heading the engineering effort required to create the company’s persistent world technology and 3D engine. Prior to joining CCP in 2000, he served as the CTO of SmartVR, an OZ.com spin-off based on that company’s multi-user virtual reality technology following his tenure as the VP of software development for the OZ Studios division of OZ.com.Currently, he is also active on a number of boards and committees relating to Icelandic information technology and innovation. Hilmar has a B.Sc. in Computer Science from the University of Iceland.

Investment focus

Online Games, Software, Video Games
Seed, Series A, Funding Round
Iceland, United States, United Kingdom

Portfolio highlights

Atomontage — Atomontage develops a volumetric graphics and simulation platform that can scale to record-breaking data sets and beyond. The company is headquartered in Wilmington, Delaware.
Quest Portal — Quest Portal makes role-play and tell fantastical stories together by means of crafting and creates characters.
Netspeak Games — Netspeak Games operates as a zero-crunch studio that develops online multiplayer games. Its first game is a non-violent social MMO, designed to be a fun place to hang out with friends. Players can relax, play, or just get some headspace.

Rahul Vohra is the Founder and CEO at Superhuman. He is also the Technical Advisor at BOLDstart Ventures and Investor & Advisor at Partender and Investor of sendwithus and EasyPost.Rahul Vohra is a former CEO and Co-Founder of Rapportive and Game Designer at Jagex. Rahul received a bachelor of arts in Computer Science at the University ofCambrigdge.

Investment focus

Software, Financial Services, Information Technology
Seed, Series A, Series B
United States, Canada, Germany

Portfolio highlights

Bubbles — Bubbles is a collaboration tool that lets you tag anything on your screen and invite your teammates to discuss in-context. Get excited by organic growth and viral loops, and less so by paid advertising. Are active on one or more social platforms like Medium, Twitter, Product Hunt, etc.
Quest Portal — Quest Portal makes role-play and tell fantastical stories together by means of crafting and creates characters.
Zed Industries — Zed is a high-performance, multiplayer code editor from the creators of Atom and Tree-sitter.

Sigurdur Arnljotsson is a Founding Partner at Brunnur Ventures

Investment focus

Software, Art, Content Marketing
Seed, Pre-Seed, Series A
Iceland

Portfolio highlights

AviLabs — AviLabs specializes in software development in aviation.
Vitar Games — A WW1 Strategy driven Management Game
Quest Portal — Quest Portal makes role-play and tell fantastical stories together by means of crafting and creates characters.

Birgir Ragnarsson is the Managing Partner at Novator.

Investment focus

Medical Device, Art, Peer to Peer
Series B, Seed, Series C
Iceland, Germany, Lithuania

Portfolio highlights

Quest Portal — Quest Portal makes role-play and tell fantastical stories together by means of crafting and creates characters.
Nord Security — Nord Security is the leader in the field of online privacy and security. Our security tools have earned praise from respected experts and tech outlets.
Sidekick Health — Our mission is to develop and deliver effective personalized digital therapeutics that prevent suffering and add millions of quality life years to people around the world. Our multi-chronic digital care platform allows us to scale the production of clinical treatments across major chronic diseases.

Mika is a serial entrepreneur whose work life has been primarily centered on discovering talent and driving new ideas. He has done this in numerous industries and have discovered Grammy, Oscar and Emmy winning artists, created the original online short video company, run the internet’s most popular casual games web sites, built one of the firstsports tracking apps, and pioneered new business models in education.A few examples are the Nine Inch Nails (music), Jason Reitman (film), JibJab (animation), AtomFilms (online video), Shockwave/AddictingGames (games), MadRaces (sports) and the INSEAD San Francisco Hub for Business Innovation (education). he did this as a founder, a CEO, or as a senior executive.Entrepreneurs are Mika's favorite kind of talent, and he enjoys helping them realize their ideas and dreams for their start ups. He has done this working with Accel, Raine, and Sequoia and now leads Lakestar, a top global VC based in Europe.