Top 5 Impact 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

• SolarLab — SolarLab designs and produces solar facades for new and existing buildings.
• Donkey Republic — Donkey Republic is leading bike share service in Europe with footprint in more than 10 key cities in Europe. We operate our locations with partners, and use custom-branded bikes. Our software backbone is developed by us with unique features that ensure we respect public space with our hub-centric service model. At the same time, we maximizepredictability of bike availability and convenience. We pride ourselves in service innovation.
• Merus Power Dynamics — Merus Power Dynamics is a clean technology company enabling companies to save energy and increase productivity in the business operations. It offers solutions that enable companies to save energy, increase revenue, and productivity and meet regulators' grid connection criteria.To its partners Merus Power offers a unique business opportunityin the fast growing power quality market with its broad product portfolio, technology and problem solving capability unmatched by its rivals.Merus Power Dynamics Oy was founded by a team of experienced engineers in 2008. It develops a power quality product family with a focus on efficiency, reliability, and excellent dynamic performance. Merus Power also offers its customers professional system study services in order to give overall service from problem analysis to solution. Merus Power belongs to Cleantech Finland, a network of top cleantech experts.

Portfolio highlights

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

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

• 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,