Top 10 Financial Services VC Funds & Investors in Iceland (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Crowberry Capital
VC Fund
|
5 | Iceland, Denmark, Finland | Seed, Series A, Pre-Seed | Software, Gaming, Health Care | $400k–$17M |
|
byFounders
VC Fund
|
3 | Denmark, United States, Sweden | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Health Care | $800k–$65M |
|
Karma Ventures
VC Fund
|
3 | Estonia, United States, Finland | Series A, Seed, Series B | Software, Artificial Intelligence, Information Technology | $549k–$30M |
|
Preceptor Capital
VC Fund
|
3 | Iceland, United States | Seed, Series A | FinTech, Computer, Software | $2M–$6.1M |
|
ConsenSys
VC Fund
|
1 | United States, United Kingdom, Canada | Seed, Series A, Pre-Seed | Blockchain, Cryptocurrency, Software | $200k–$30M |
|
Experian
VC Fund
|
1 | United States, United Kingdom, India | Series B, Corporate Round, Seed | FinTech, Financial Services, Finance | $800k–$42M |
|
Polaris
VC Fund
|
1 | Iceland, Singapore, United States | Debt Financing, Venture - Series Unknown | FinTech, Finance, Payments | |
|
Iceland Venture Studio
VC Fund
|
1 | Iceland, United States, India | Seed, Pre-Seed | Software, SaaS, Education | $500k–$3M |
|
Frumtak Ventures
VC Fund
|
1 | Iceland, Estonia, United States | Seed, Series A | Software, Information Technology, SaaS | $974k–$20M |
|
Keen Venture Partners
VC Fund
|
1 | The Netherlands, Germany, United States | Series A, Seed, Series B | Software, SaaS, Financial Services | $1.5M–$110M |
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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.
Show more...Investment focus
- Industry: Software, Gaming, Health Care
- Stage:Seed, Series A, Pre-Seed
- Geography: Iceland, Denmark, Finland
Investor stats
- Total investments: 50
- Round size: Seed $1.6M–$4.4M; Pre-Seed $400k–$1.3M; Series A $5.7M–$17M
- Lead/follow: 48% lead, 52% follow
- Last fund: Likely still investing — fund raised in 2021
Portfolio highlights
- Quanscient — Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.
- 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 — Read more about danish audiology scale-up Augmented Hearing, driving the world's most ambitious audiology solutions and innovations.
byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Health Care
- Stage:Seed, Pre-Seed, Series A
- Geography: Denmark, United States, Sweden
Investor stats
- Total investments: 124
- Round size: Seed $1.5M–$9.4M; Pre-Seed $800k–$4.2M; Series A $6.1M–$65M
- Lead/follow: 51% lead, 49% follow
- Last fund: May invest from a new fund soon — raised $117M in 2021
Portfolio highlights
- Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
- Verda (formerly DataCrunch) — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models
- Spiral Hydrogen — All-in-one, bubble-free centrifugal electrolyzer with an embedded axial flux generator that sets a new standard in efficiency and simplicity.
karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Series A, Seed, Series B
- Geography: Estonia, United States, Finland
Investor stats
- Total investments: 52
- Round size: Seed $549k–$4.4M; Series A $4M–$16M; Series B $3.1M–$30M
- Lead/follow: 60% lead, 40% follow
- Last fund: Likely still investing — raised $106M in 2021
Portfolio highlights
- Infermedica — Clinical AI triage that guides patients to the right care via chat, voice, or call center. Built by clinicians trusted by patients.
- Leil Storage — ON-PREMISES DISTRIBUTED FILE STORAGE WITH CLOUD-SCALE DENSITY+23% extra FREE capacity and density NOW +23% extra FREE capacity and density NOW +20% lower CO₂ emissions and power costs NOW up to +70% saved energy in the futureFirst distributed filesystem that supports the biggest HDDs on the planet, enabling enterprises with HM-SMR basedstorage.
- Starship Technologies — The future of delivery - today!
Preceptor Capital is an investment firm.
Show more...Investment focus
- Industry: FinTech, Computer, Software
- Stage:Seed, Series A
- Geography: Iceland, United States
Investor stats
- Total investments: 4
- Round size: Seed $2M–$6.1M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Anonybit — QQEMAS merupakan situs slot777 rekomendasi penggemar situs slot gacor hari ini yang populer memberikan bonus member baru 100% dan cashback.
- Lucinity — Money laundering is the crime that fuels crime. Lucinity's mission is to Make Money Good® by combining the best of human and artificial intelligence. Lucinity uses Human AI to help banks fight financial crime more efficiently. By designing its AML platform around man and machine, Lucinity allows banks to increase their AML programs'productivity.Lucinity identifies suspicious activity through its proprietary behavior detection system. The approach is entirely risk-based and allows customers to control their risk exposure before efficiently reviewing AML alerts in the Lucinity Case Manager.The company was founded by industry veterans. The core team has experience from Tier-1 banks, international regulators, and leading legacy vendors. Lucinity takes great pride in being the enterprise-ready AML startup that brings the novelty and excitement of a startup and the professionalism and experience of an incumbent.
Build next-generation apps, launch blockchain-based financial infrastructure, and access the decentralized web with ConsenSys' Ethereum product suite.
Show more...Investment focus
- Industry: Blockchain, Cryptocurrency, Software
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, United Kingdom, Canada
Investor stats
- Total investments: 95
- Round size: Seed $1.2M–$8M; Pre-Seed $200k–$2.7M; Series A $6.5M–$30M
- Lead/follow: 24% lead, 76% follow
Portfolio highlights
- Civil — A starter blog demonstrating what Gatsby can do.
- Truffle Suite — Truffle Suite provides world class development environment for blockchain dapps.
- Shodai Network — The agreement layer for human and AI agents | UI + API + MCP
Experian is a global information services company that provides information, analytical tools, and marketing services to help clients manage their commercial and financial decisions. The company helps organizations manage credit risk, prevent fraud, target marketing offers, and automate decision making. It also enables individuals to check theircredit report and credit score as well as protect against identity theft.The company is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index.Experian was co-founded by Michael A Barron and Bernie Brenner in January 1980 and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, United Kingdom; California, United States; and São Paulo, Brazil.
Show more...Investment focus
- Industry: FinTech, Financial Services, Finance
- Stage:Series B, Corporate Round, Seed
- Geography: United States, United Kingdom, India
Investor stats
- Total investments: 27
- Round size: Seed $800k–$4M; Series B $7.9M–$42M
- Lead/follow: 48% lead, 52% follow
Portfolio highlights
- Floid — Open Finance para conectar de forma segura con los datos financieros de tus clientes
- Palenca — Acceso a los datos de empleo al instante con el consentimiento del usuario
- Resistant AI — Resistant AI provides fraud detection and prevention in automated document processing workflows, transaction monitoring, and identities analysis.
GB Helios is a one-stop financial institution trusted for factoring, property loans, equipment leasing, hire purchase and more. Fill the form to learn more.
Show more...Investment focus
- Industry: FinTech, Finance, Payments
- Stage:Debt Financing, Venture - Series Unknown
- Geography: Iceland, Singapore, United States
Investor stats
- Total investments: 3
- Lead/follow: 67% lead, 33% follow
Portfolio highlights
- Eezee — Singapore’s first & largest industrial marketplace that connects local suppliers to corporate clients, leveraging technology to help both parties make informed decisions.The company offers a secure platform for buyers and sellers to transact.Our aim is to improve the efficiency of business to business (B2B) transactions. We do this byensuring that the process of selecting and purchasing your supplies becomes quicker, more convenient and transparent. We support local suppliers in establishing their presence online, enabling them to be discovered by corporate organisations.
- Memento Payments — Easily embed cards into your application or deploy a new & extendable card application in your brand
- Zero Motorcycles — Manufacturer of 100% electric motorcycles for the street and dirt.
We help people grow and build decentralized companies
Show more...Investment focus
- Industry: Software, SaaS, Education
- Stage:Seed, Pre-Seed
- Geography: Iceland, United States, India
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 turns the materials you already have into structured training courses in hours, then delivers them in 70+ languages. Built for HR and L&D teams.
- Expertrons — Expertrons is an upskilling platform that offers advanced training programs | BSFI | HR | Marketing and many more to assure 100% professional success.
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.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A
- Geography: Iceland, Estonia, United States
Investor stats
- Total investments: 41
- 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 the self-improving B2B website platform that automatically ships data-driven improvements every week so you get more leads and customers without becoming a website expert.
- 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 — Euler is a software company focused on addressing the issue of build-to-build and machine-to-machine variability in metal additive manufacturing (AM).
Keen Venture Partners is a radically human venture capital firm that invests in fast-growing European scale-ups at the Series A and Series B stages
Show more...Investment focus
- Industry: Software, SaaS, Financial Services
- Stage:Series A, Seed, Series B
- Geography: The Netherlands, Germany, United States
Investor stats
- Total investments: 60
- Round size: Seed $1.5M–$6.8M; Series A $6.4M–$30M; Series B $8.5M–$110M
- Lead/follow: 53% lead, 47% follow
- Last fund: Likely still investing — raised $140M in 2021
Portfolio highlights
- EclecticIQ — EclecticIQ Threat Intelligence Center is a Cyber Threat Intelligence tool that helps with threat hunting, threat analysis, incident response, and more.
- allO — Discover the best all-in-one restaurant system to manage operation and delight guests.
- ATMOS Space Cargo — ATMOS Space Cargo develops and manufactures space capsules to return cargo from space, microgravity experiments, Commercial products to entire rocket stages.
Financial Services VC funding in Iceland at a glance
Stats across 16 deals from 17 investors.
Access all 17 VC funds in Iceland Financial Services startups.
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