# Innovation Center Iceland

> Innovation Center Iceland is a VC fund backing Sports and Software. See 2 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Reykjavík, Iceland
- Total investments: 2
- Last investment: Sep 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: http://is.linkedin.com/company/innovation-center-iceland
- X (Twitter): https://twitter.com/midstod
- Website: http://www.nmi.is/english/about-us/
- Facebook: https://www.facebook.com/nyskopunarmidstod/

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.

## Contacts

5 contacts available for Innovation Center Iceland. Shizune tracks 1 team members at Innovation Center Iceland. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/innovation-center-iceland?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Sports | 1 | 50% |
| Software | 1 | 50% |
| Analytics | 1 | 50% |
| Health Care | 1 | 50% |
| Machine Learning | 1 | 50% |

8 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 1 | 50% |
| Initial Coin Offering | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Sunna Ólafsdóttir Wallevik | Project manager | 0 | — |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 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 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 |  |

2 of 2 investments shown.

## Co-investors
- Directorate of Health — VC Fund, 1 deal together
- Icelandic Centre for Research — VC Fund, 1 deal together
- [Landsbankinn](https://shizune.co/investors/profile/landsbankinn) — VC Fund, 1 deal together
- SASS — VC Fund, 1 deal together
- [Technology Development Fund](https://shizune.co/investors/profile/technologydevelopmentfund) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Scottish Enterprise](https://shizune.co/investors/profile/scottish-enterprise) — VC Fund
- [Foundation for Innovation and Technology (FIT)](https://shizune.co/investors/profile/foundation-pour-l-innovation-technologique) — VC Fund
- [Business Finland](https://shizune.co/investors/profile/tekes) — VC Fund

## 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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