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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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Google
Clean Energy
EdTech
Artificial Intelligence
Local
Enterprise Software
Travel
Platforms
InsurTech
Oil and Gas
Retail
Social Impact
Cryptocurrency
SaaS
Film
Restaurants
Photography
Payments
Email
CleanTech
Energy
Marketplace
Organic Food
Fitness
Machine Learning
Health Care
Agriculture (AgTech)
Gaming
Facebook
Blockchain
B2B
Social Network
Video Games
Big Data
Medical Device
Wellness
Education
Mobile
Automotive
Sports
Legal
eSports
Construction
Hospitality
Biotechnology
Consumer
Software
Renewable Energy
Crowdfunding
Theatre
Medical
Recruiting
Web3
Venture Capital
Fashion
Social
Beauty
Infrastructure
Cannabis
LGBT
Celebrity
Climate
Mobile Apps
Life Science
Wine and Spirits
Food and Beverage
Publishing
Music
Art
Real Estate
Sporting Goods
Manufacturing
Digital Media
FinTech
Finance
Financial Services
Social Media
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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