# Lífsverk

> Lífsverk is a VC fund in Reykjavík backing Water and Energy. See 1 investments, check sizes, portfolio and contact details. Updated Sep 2026.

- Type: VC Fund
- Location: Reykjavík, Iceland
- Total investments: 1
- Last investment: Jan 2019
- Lead investor: 100%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/lifeyrissjodur-verkfraedinga
- Website: https://www.lifsverk.is
- Facebook: https://www.facebook.com/lifsverk

Lífsverk is a pension fund based on age-related rights, incorporated fund democracy, and electronic governance. The fund was established in 1954 that was initially for engineers only. Today everyone can become a fundraiser who has completed undergraduate education at university. The company is driven by values such as integrity, positivity, andresponsibility.

## Contacts

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

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Water | 1 | 100% |
| Energy | 1 | 100% |
| Commercial | 1 | 100% |
| Renewable Energy | 1 | 100% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Jón Loftur Árnason | CEO | 0 | https://shizune.co/investors/profile/j%C3%B3n-loftur-%C3%A1rnason |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| geoSilica | The company was founded in 2012 by Fida Abu Libdeh, Burkni Pálsson, and Agnir ehf, as a result of Fida and Burkni’s thesis in energy and environmental engineering technology at the University of Iceland.In the autumn of 2012 geoSilica received a project grant from the Icelandic Technology Development Fund in order to begin the productdevelopment of its first product. One year later the company started operations at the Hellisheidi Power Plant in order to utilize the mineral rich geothermal water used by the plant. This has been done in cooperation with ON Energy, the operator of the power plant.geoSilica has developed a two-step production process. In the first step, the silica concentration in the separated geothermal water is increased many tenfold without changing the chemical composition of the water. In the second step, the geothermal water is gradually replaced by clean ground water from the area while keeping the silica concentration constant. The end product is highly pure silica in the form of extremely small silica particles in clean ground water. Absolutely no chemicals of any kind are used in the production.geoSilica’s first product was released late 2014, a liquid silica supplement made from 100% natural silica. As of now, geoSilica has already started developing a new product in order to increase its product range. | $425K | Series A | Jan 26, 2019 |  |

1 of 1 investments shown.

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## FAQ

### What does Lífsverk invest in?

Lífsverk invests primarily in Water, Energy and Commercial startups, most often at Series A stage. Most of the 1 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 Lífsverk?

Public channels for Lífsverk include LinkedIn, the website linked on this profile and Facebook. 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 Lífsverk?

The team at Lífsverk includes Jón Loftur Árnason (CEO). 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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