Top 10 Climate VC Funds & Investors in Iceland (June 2026)

Portfolio highlights

• Axelyf — Axelyf is a biotechnology company that offers RNA medicines through safer and more effective lipid nanoparticle delivery.
• Oculis — Experience the Future of Eye Care: Oculis, a Clinical Biopharmaceutical Innovator, Pioneering Breakthrough Treatments for Ophthalmic Diseases & Transforming Lives Globally.
• Standby Deposits — Standby Deposits is a rental security deposit replacement based on credit.

Portfolio highlights

• HorseDay — HorseDay is a mobile application to track horse activities.
• Spectaflow — Spectaflow is a SaaS solution for accommodations businesses focused on improving housekeeping and maintenance workflows
• PayAnalytics — PayAnalytics, a leading pay equity and workforce analytics solution, aids companies in closing pay gaps and fostering workplace equity. Ensure compliance with pay transparency regulations, assess wage disparities, and analyze workforce demographics conveniently.

Portfolio highlights

• Geopyörä Oy — Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications
• General Fusion — General Fusion is developing fusion energy: a clean, safe, abundant and on-demand approach to generating electricity.
• Rithmik Solutions — We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life.

Portfolio highlights

• Cetasol —
• CemVision — CemVision is an industrial tech company that has been developing CO2-free cement.
• Helios Innovations — Helios Innovations is an industrial machinery manufacturing industry that develops modular and electrical evaporation plants for water.

Portfolio highlights

• Justikal — Justikal is an eCourt system that allows different stakeholders in legal proceedings to handle documents in a trusted & secure way by using eIDAS compliant trust services.
• Laki Power — We supply power grid operators with advanced high-voltage line monitoring stations that enable them to optimise performance, safety and cost.

Portfolio highlights

• LAXEY — LAXEY specializes in sustainable land-based aquaculture and the development of fish farming facilities.

Portfolio highlights

• Sortera Technologies — Sortera Alloys manufactures low-cost, high-quality metal alloys for domestic manufacturing using its artificial intelligence technology.
• Multiscale AI — Multiscale Technologies developed an AI platform that accelerates R&D and the discovery of new materials by 100X. The platform digitizes all forms of data (tabular, pdf, simulations etc.) and uses its own unique knowledge fusion platform to connect experiments, simulations, and materials domain expertise to provide predictive analyses andrecommendations for any manufacturing company that does R&D for new materials in their current/future products.
• DTE ehf — DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety.

Portfolio highlights

• Prescriby — Prescriby is a digital treatment system developer to combat the opioid crisis by improving prescription safety and monitoring.Prescriby features a treatment generator and dashboard monitor to simplify complex health information, allowing clinics to give individualized data-driven therapies and safer monitoring for their customers.
• Dreamdata — Dreamdata is a B2B Revenue Attribution Platform that gathers, joins, cleans all revenue-related data to present transparent, actionable analysis of what drives B2B revenue. The ultimate B2B multi-touch attribution tool for multi-techstack businesses.
• Mainframe Industries — Mainframe Industries is a Reykjavik, Iceland and Helsinki, Finland-based startup working on the development of an open world, social sandbox MMO for cloud gaming.The company will will work on an open-world, social sandbox MMO specifically designed for cloud gaming, with cross-platform play across mobile, PC, and TV. Mainframe believes that thepromise of friction-free access from social networks and streaming platforms on the device of your choice will greatly expand the creative canvas for game developers.

Portfolio highlights

• Scindo — Creating a novel biological process to turn low-value plastic landfill waste into high-value molecules.
• Ocean Oasis — The future of wave powered desalination. We use wave energy to make sustainable and affordable water for coastal communities and businesses.
• LIFENESS — Lifeness is a platform specialized in the treatment of lifestyle diseases and an entrepreneur from the fitness industry,

Portfolio highlights

• ShipBob — Ecommerce fulfillment for online stores. ShipBob empowers businesses to offer 2-day shipping and manage inventory, orders, and shipments.
• Aspen Neuroscience — personalized cell therapy Starts with you Learn More about our technology
• Viracta Therapeutics — Our team possesses deep, cross-functional experience and shares a longstanding commitment to developing new medicines to benefit cancer patients. Management Strategic Advisor Board of Directors Scientific Advisory Board