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Top 5 Biotech VC (Venture Capital) Funds in Iceland in May 2026

A list of 5 VC (Venture Capital) funds that invest in Biotech startups based in Iceland. We rank investors based on the number of investments they made in Biotech companies from Iceland. We update this investor list every month.

Top 5 Biotech VC (Venture Capital) Funds in Iceland in May 2026

Investor Biotech Iceland investments
Brunnur Ventures 2
Flerie Invest 1
Silfurberg 1
ABC Ventures 1
Kvika Asset Management 1

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Investor list
Brunnur Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland

Brunnur Ventures is a top venture capital firm in Iceland for startups with high-growth potential.

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Investment focus

  • Software, SaaS, Gaming
  • Seed, Series A, Funding Round
  • Iceland, United States, Denmark

Portfolio highlights

  • AviLabs — AviLabs specializes in software development in aviation.
  • Laki Power — We supply power grid operators with advanced high-voltage line monitoring stations that enable them to optimise performance, safety and cost.
  • Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
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Flerie Invest
VC Fund

Flerie is an active long-term life science investor, focusing on biotech and pharmaceutical investments globally.

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Investment focus

  • Health Care, Biotechnology, Medical
  • Series A, Funding Round, Series B
  • Sweden, Israel, Iceland

Portfolio highlights

  • KAHR medical — KAHR Medical ("KAHR") is pioneering the development of "third generation biological drugs," a unique class of proprietary fusion-protein molecules with clear and far-reaching advantages. KAHR's technology represents a paradigm shift in protein-based pharmaceuticals that will significantly expand available treatment optionsfor cancer and autoimmune disorders.
  • Microbiotica — Microbiotica is a developer of human microbiome therapeutics intended to discover and develop live bacterial therapeutics and biomarkers. The company's therapeutics identify gut bacteria linked to phenotype with unprecedented precision, enabling researchers to phenotype before testing of candidate bacteria in advanced human in vitro and invivo models.
  • Vitara Biomedical — Vitara is a biomedical technology company reinventing the standard of care for extremely premature newborns
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Silfurberg
VC Fund · Reykjavík, Gullbringusysla, Iceland

Silfurberg is an international venture capital firm that invests in early-stage health care, biotech, and other life science companies. The firm follows up its investments as an active participant in the company and aims all the time to add value to its investments whenever possible. Silfurberg was founded in 2002 and is based in Reykjavík,Iceland.

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Investment focus

  • Health Care, Biotechnology, Pharmaceutical
  • Series A
  • Iceland

Portfolio highlights

  • Oculis — Experience the Future of Eye Care: Oculis, a Clinical Biopharmaceutical Innovator, Pioneering Breakthrough Treatments for Ophthalmic Diseases & Transforming Lives Globally.
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ABC Ventures
VC Fund

ABC Ventures operates as an investment firm.

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Investment focus

  • Water, Medical, Health Care
  • Pre-Seed, Series A
  • India, Iceland

Portfolio highlights

  • Polka Pop — Polka Pop is India's first brand to serve naturally flavored sparkling water with zero calories and no added sugar. Supporting a sustainable lifestyle choice, this healthy drink is available in four flavors, i.e. lemon-lime, orange, peach, and cranberry. The fizz makes this the best mix for cocktails and mocktails.
  • EpiEndo Pharmaceuticals — Welcome to EpiEndo Pharma | Developing epithelial barrier enhancing drugs to treat chronic respiratory diseases
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Kvika Asset Management
VC Fund · Reykjavík, Gullbringusysla, Iceland

Kvika Asset Management manages a broad range of funds including equity funds, bond funds and mixed funds.

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Investment focus

  • Medical, Health Care, Biotechnology
  • Series A
  • Iceland

Portfolio highlights

  • PLAIO — PLAIO is a web-based SaaS platform intended to help generic pharmaceutical companies to digitize their demand, manufacturing, and purchase planning.PLAIO offers features like visual and capacity planning, advanced constraint/overhead calculations.
  • EpiEndo Pharmaceuticals — Welcome to EpiEndo Pharma | Developing epithelial barrier enhancing drugs to treat chronic respiratory diseases
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