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Innovation Center Iceland, VC Fund

Innovation Center Iceland

VC Fund

Reykjavík, Iceland

Innovation Center Iceland is a VC fund in Reykjavík focused on Sports and Software. Innovation Center Iceland encourages innovation and promotes the advancement of new ideas in Icelandic economy by providing active participation and support to entrepreneurs and businesses. Innovation is a prerequisite for diversity in the Icelandic economy and the basis of a strong competitive position of the economy. Innovation Center Icelandbelongs to the Ministry of Industry and Innovation and operates according to the Act on Government Support for Technology, Research, Innovation and Industry (no. 75/2007).The interplay of technological consulting and business support is the greatest strength of Innovation Center Iceland. A group of specialists in different fields encourage innovation and support the advance of new ideas through research, development projects, business development and professional advice and consulting.

Total investments:
2
Last investment:
Lead investor:
0%

Last updated:

Industries Innovation Center Iceland invests in

SportsSoftwareAnalyticsHealth CareMachine Learning

Stages Innovation Center Iceland invests in

GrantInitial Coin Offering

Countries Innovation Center Iceland invests in

Iceland

Contacts

NameEmailPhoneSocials
Sunna Ólafsdóttir Wallevik Sunna Ólafsdóttir Wallevik

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Investment Focus

Industry

  • Sports 1 (50%)
  • Software 1 (50%)
  • Analytics 1 (50%)
  • Health Care 1 (50%)
  • Machine Learning 1 (50%)
See all 8 industries →

Stage

  • Grant 1 (50%)
  • Initial Coin Offering 1 (50%)

Team

NameTitleInvestmentsLinksEmail
Sunna Ólafsdóttir Wallevik
Sunna Ólafsdóttir Wallevik Project manager
Project manager Total investments: 0 Find email

Investments

CompanyDescriptionRoundLinks
Abler Abler
Abler brings simplicity to the complexities of team management. With easy scheduling, messaging, payment, and data tools, Abler empowers users to spend more time cultivating the essential life skills and values learned through sports and other organised activities. Grant / Sep 15, 2022
Medilync Medilync
Medilync builds cloud-based medical solutions where big data, AI, machine learning, and engagement are key.Medilync is a new tech company striving to make a change. Our focus is creating medical platforms in the cloud. Our company is built on diverse talent and decades of experience. The team has Computer Scientists, Medical doctors, Nutritionspecialists, exercise experts and many more enthusiasts, ready to build on today's best technology. We are here to make lives easier for people that need just that. $3.9K / Initial Coin Offering / Nov 12, 2012

Co-Investors

Directorate of Health Directorate of Health 1 deal together
Icelandic Centre for Research Icelandic Centre for Research 1 deal together
Landsbankinn Landsbankinn 1 deal together
SASS SASS 1 deal together
Technology Development Fund Technology Development Fund 1 deal together

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Clean Energy
Non Profit
Social Impact
Energy
SaaS
Google
CleanTech
Consumer
Health Care
Enterprise Software
Local
Travel
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Mobile
Film
Oil and Gas
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Fitness
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Agriculture (AgTech)
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Sports
Legal
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Blockchain
Software
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Web3
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Recruiting
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Life Science
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Mobile Apps
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Sporting Goods
Music
Art
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FinTech
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FAQ

What does Innovation Center Iceland invest in?

Innovation Center Iceland invests primarily in Sports, Software and Analytics startups, most often at Grant and Initial Coin Offering stage. Most of the 2 investments tracked by Shizune back companies in Iceland. The Investment Focus section breaks down every industry, stage and country in the portfolio.

How do I contact Innovation Center Iceland?

Public channels for Innovation Center Iceland include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

Who are the partners at Innovation Center Iceland?

The team at Innovation Center Iceland includes Sunna Ólafsdóttir Wallevik (Project manager). The Team section lists each member with their title, investment count and links.

Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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Innovation Center Iceland Innovation Center Iceland Find emails