# Top 15 Hardware Startup Investors in Iceland in June 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| Brunnur Ventures | 5 | Iceland, United States, Denmark | Seed, Series A | Software, SaaS, Gaming |
| New Business Venture Fund | 3 | Iceland, United States, China | Seed, Series A | Software, Health Care, Medical |
| Shanda Group | 2 | United States, China, Israel | Seed, Series A, Pre-Seed | Artificial Intelligence, Software, Biotechnology |
| Reaktor Ventures | 2 | Finland, Germany, United States | Seed, Pre-Seed, Series A | Internet, Software, E-Commerce |
| Crowberry Capital | 2 | Iceland, Denmark, Finland | Seed, Series A, Pre-Seed | Software, Gaming, Health Care |
| Frumtak Ventures | 2 | Iceland, United States, United Kingdom | Seed, Series A | Software, Information Technology, SaaS |
| Chrysalix Venture Capital | 2 | United States, Canada, The Netherlands | Series B, Series A | Energy, Manufacturing, CleanTech |
| Inventure | 2 | Finland, Sweden, United States | Seed, Series A, Series B | Software, Information Technology, Health Care |
| Investa | 1 | Iceland, United States | Seed, Angel | SaaS, Software, Events |
| Kjartan Olafsson | 1 | Denmark, Iceland | Angel, Series A | Software, B2B, Apps |
| Technology Development Fund | 1 | Iceland, United States, Japan | Grant, Seed | Software, Health Care, Manufacturing |
| Hermann Kristjánsson | 1 | Iceland | Seed | Hardware, Software, Photography |
| Behold Ventures | 1 | Sweden, Iceland, Finland | Seed, Pre-Seed | Gaming, Sports, eSports |
| Hermann Kristjánsson | 1 | Iceland | Seed | Drones, Electronics |
| Novelis | 1 | United States, Iceland, United Kingdom | Series A, Seed, Series B | Manufacturing, Information Technology, Artificial Intelligence |