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Top 10 Education Startup Investors in Iceland (July 2026)

The most active venture capital funds and angel investors investing in Iceland Education startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Iceland Education startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
New Business Venture Fund
VC Fund
4 Iceland, United States, China Seed, Series A Software, Health Care, Medical $400k–$3.4M
Iceland Venture Studio
VC Fund
3 Iceland, India, Israel Seed, Pre-Seed Software, Health Care, B2B $500k–$3M
Frumtak Ventures
VC Fund
1 Iceland, Estonia, United States Seed, Series A Software, Information Technology, SaaS $974k–$20M
Omega
VC Fund
1 Iceland Seed Education, Mobile Apps, Online Games $1.4M–$1.4M
Pekron Family Office
VC Fund
1 Iceland Seed Education, Mobile Apps, Online Games
Founders Ventures
VC Fund
1 Iceland Pre-Seed EdTech
Sisu Game Ventures
VC Fund
1 Finland, United States, Germany Seed, Series A, Pre-Seed Gaming, Video Games, Software $110k–$38M
MGMT Ventures
VC Fund
1 Iceland Pre-Seed Gaming, Sports, Seafood $150k–$750k
Crowberry Capital
VC Fund
1 Iceland, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Health Care $1k–$17M
Behold Ventures
VC Fund
1 Sweden, Iceland, Finland Seed, Pre-Seed, Series A Gaming, Sports, eSports $500k–$7M
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Investor list

New Business Venture Fund
VC Fund · Reykjavík, Gullbringusysla, Iceland · 4 investments in Iceland Education startups

The New Business Venture Fund is an evergreen investment fund that actively contributes to the development and growth of the Icelandic economy by investing in promising innovation and start-up companies.The New Business Venture Fund invests at seed and early stage in promising growth companies with great business ideas and strong management anddevelopment teams.The New Business Venture Fund is a state owned investment fund intended to strengthen and develop the Icelandic venture capital market along with promoting startups and business in Iceland thus encouraging economic growth.

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Investment focus

  • Industry: Software, Health Care, Medical
  • Stage:Seed, Series A
  • Geography: Iceland, United States, China

Investor stats

  • Total investments: 40
  • Round size: Seed $400k–$2.6M; Series A $450k–$3.4M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Sundra — Sundra is a translation software that helps HR teams translate their learning content so every employee feels included.
  • HorseDay — HorseDay is a mobile application to track horse activities.
  • Arcana Bio — ArcanaBio is developing realtime biosurveillance solutions that minimize workplace disruptions and support health & wellness
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Iceland Venture Studio
VC Fund · Reykjavík, Gullbringusysla, Iceland · 3 investments in Iceland Education startups

We help people grow and build decentralized companies

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Investment focus

  • Industry: Software, Health Care, B2B
  • Stage:Seed, Pre-Seed
  • Geography: Iceland, India, Israel

Investor stats

  • Total investments: 13
  • Round size: Seed $500k–$3M; Pre-Seed $950k–$1M
  • Lead/follow: 31% lead, 69% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2019

Portfolio highlights

  • Soptle — Founded in Sep 2021, Soptle started to establish an integrated technology to the neglected regional FMCG Manufacturers in India with a B2B Retail Commmerce App. It uses tech and data to distribute at scale and use necessary components (existing Distributor/Wholesaler) in the FMCG Supply Chain to build a high growth and profitable business.
  • Sundra — Sundra is a translation software that helps HR teams translate their learning content so every employee feels included.
  • Expertrons — Expertrons is an upskilling platform that offers advanced training programs | BSFI | HR | Marketing and many more to assure 100% professional success.
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Frumtak Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland · 1 investments in Iceland Education startups

At Frumtak Ventures, we champion founders who have demonstrated early traction and have potential to become global leaders in their space. We take a concentrated, high-conviction, and high-involvement approach to investing and dedicate ourselves to collaboratively work with our portfolio companies from the seed stage through IPO. Our initialticket size usually ranges from €1 million to €3 million.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Iceland, Estonia, United States

Investor stats

  • Total investments: 40
  • Round size: Seed $974k–$4.7M; Series A $1.2M–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Optise — Optise is an AI-powered website insights tool for B2B businesses.
  • MyDello — Get instant quotes for all transportation modes. Enter a new era of freight forwarding with the MyDello logistics platform. Sign up for free
  • Euler
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Omega
VC Fund · 1 investments in Iceland Education startups

Omega operates as an investment firm.

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Investment focus

  • Industry: Education, Mobile Apps, Online Games
  • Stage:Seed
  • Geography: Iceland

Investor stats

  • Total investments: 2
  • Round size: Seed $1.4M–$1.4M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Evolytes — Evolytes is an educational platform that teaches children mathematics faster and more effectively through a mobile game.
  • dala.care — dala.care is an innovative SaaS platform dedicated to transforming home care management. With a focus on placing care recipients and their families at the center, our solution empowers home care agencies with intuitive tools for scheduling, client management, and caregiver coordination. By leveraging our deep experience in healthcare, we strive toenhance the quality and efficiency of care, ensuring seamless collaboration across care teams. Our mission is to simplify and revolutionize home care, making it accessible and effective for everyone involved.
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Pekron Family Office
VC Fund · Reykjavík, Gullbringusysla, Iceland · 1 investments in Iceland Education startups

Pekron Family Office engages in investment, buying, selling, and management of securities.

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Investment focus

  • Industry: Education, Mobile Apps, Online Games
  • Stage:Seed
  • Geography: Iceland

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Evolytes — Evolytes is an educational platform that teaches children mathematics faster and more effectively through a mobile game.
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Founders Ventures
VC Fund · Zug, Zug, Switzerland · 1 investments in Iceland Education startups

Founders Ventures is an venture capital firm

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Investment focus

  • Industry: EdTech
  • Stage:Pre-Seed
  • Geography: Iceland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Atlas Primer — With Atlas Primer you adapt the learning environment to the needs of the learner, instead of adapting the learner to the environment.
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Sisu Game Ventures
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Iceland Education startups

Sisu Game Ventures is an early-stage venture capital fund focused 100% on games. We set up shop in 2014 to support the most promising founders in the industry. Sisu has deep roots in the Nordic region, but our network of founders is fully global.The Sisu team consists of Samuli, Paul, Erik, Kalle, Moaffak, Kadri, and Jere - all of whom haveextensive backgrounds in the game industry and startup circles, both as entrepreneurs and investors. We've founded and built sixteen game companies since the early 90s and had several successful exits. Apart from funding companies, the team uses their expertise to act as a studio builder. Individual founders are supported in building their team, honing their product strategy and in gathering the right group of investors.

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Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, United States, Germany

Investor stats

  • Total investments: 54
  • Round size: Seed $576k–$4.6M; Pre-Seed $110k–$800k; Series A $6.1M–$38M
  • Lead/follow: 22% lead, 78% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • emptyvessel — Emptyvessel is a gaming community that helps in crafting the new horizons of gaming.
  • Torpor Games — Torpor Games is a video game company that offers PC, switch, android, and iOS game development services.
  • Antihero Studios — Antihero Studios creates multiplayer mobile games focused on social interaction and community engagement.
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MGMT Ventures
VC Fund · 1 investments in Iceland Education startups

MGMT Ventures mission is to support and invest in founders pushing the boundaries of innovation in emerging and future industries.

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Investment focus

  • Industry: Gaming, Sports, Seafood
  • Stage:Pre-Seed
  • Geography: Iceland

Investor stats

  • Total investments: 3
  • Round size: Pre-Seed $150k–$750k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Loki Foods — We're producing sustainable, plant-based foods from the Arctic. Iceland’s first plant-based cod and seafood!
  • Esports Coaching Academy — Esports Coaching Academy, the leading platform for youth esports training, education, and certification. Our academy offers top-quality courses, exercises, training sessions, and certifications.
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Crowberry Capital
VC Fund · Reykjavík, Gullbringusysla, Iceland · 1 investments in Iceland Education startups

Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.

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Investment focus

  • Industry: Software, Gaming, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Iceland, Denmark, Finland

Investor stats

  • Total investments: 49
  • Round size: Seed $1.6M–$4.2M; Pre-Seed $1k–$1.3M; Series A $5.7M–$17M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
  • Hemi Health — Hemi Health is a Danish digital-first headache and migraine clinic specializing in diagnosis, personalized treatment, and care for headaches using technology like an app for symptom tracking and video consultations.
  • Augmented Hearing — Augmented Hearing is creating game-changing technology that will be used in fields such as voice assistants, hearing health, environmental noise suppression in phone calls, and many more.
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Behold Ventures
VC Fund · 1 investments in Iceland Education startups

Behold Ventures is a venture capital fund supporting early-stage video game startups led by passionate entrepreneurs shaping the future of interactive entertainment.

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Investment focus

  • Industry: Gaming, Sports, eSports
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden, Iceland, Finland

Investor stats

  • Total investments: 12
  • Round size: Seed $2.2M–$7M; Pre-Seed $500k–$750k
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely still investing — raised $26M in 2022

Portfolio highlights

  • Honig Games — Honig Games is a mobile gaming company that builds and distributes high-quality games designed to be shared and experienced together. The company uses a multi-platform distribution approach to reduce reliance on any single app store for user acquisition. It incorporates AI-first development strategies to scale game production efficiently andsustainably. The studio focuses on creating mobile-first games that encourage community sharing and viral engagement.
  • Seven Stars — De perfecte match in IT. Die maken wij. Als IT-flex regisseur en specialist in IT-bemiddeling verbinden we professionals met de beste IT-opdrachten. Snel, soepel en zonder gedoe. We make IT spark.
  • Seven Stars — Seven Stars is a startup for creating captivating mobile games with a talented, diverse team.
Show all investments...

Education Investor funding in Iceland at a glance

Stats across 10 deals from 12 investors.

12
investors
in Iceland Education startups
10
deals
in Iceland Education startups
$600k
median round
in Iceland Education startups
83%
lead investors
lead at least one round
40%
Seed
most common funding stage
100/0
VC / Angel
share of investor count

Access all 12 investors in Iceland Education startups.

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