Top 5 Biotechnology VC (Venture Capital) Funds in Iceland in January 2026

Last updated: Jan 2026 A list of 5 VC (Venture Capital) funds that invest in Biotechnology startups based in Iceland. We rank investors based on the number of investments they made in Biotechnology companies from Iceland. We update this investor list every month.

Top 5 Biotechnology VC (Venture Capital) Funds in Iceland in January 2026

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

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Investor list

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

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.

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

Investment focus

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

Portfolio highlights

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.
Synerkine Pharma — Synerkine Pharma. Connecting Cytokines for the benefit of patients.
Vitara Biomedical — Vitara is a biomedical technology company reinventing the standard of care for extremely premature newborns

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.