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Norðoya Íløgufelag

VC Fund

Norðoya Íløgufelag is a VC fund focused on Seafood and Food Processing. Norðoya Íløgufelag operates as a venture capital firm.

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

Last updated:

Industries Norðoya Íløgufelag invests in

SeafoodFood Processing

Stages Norðoya Íløgufelag invests in

Series A

Countries Norðoya Íløgufelag invests in

Faroe Islands

Round sizes

Series A $4.5M–$6.2M

Round size

Series A
$4.5M–$6.2M

Investment Focus

Industry

  • Seafood 1 (50%)
  • Food Processing 1 (50%)

Investments

CompanyDescriptionRoundLinks
Ocean Rainforest Ocean Rainforest
Ocean Rainforest offer a collection of premium fully-traceable seaweed products, mostly for food and cosmetic producers.The company has developed a structural system for macroalgae cultivation in open oceans and related on-shore processes for bringing the seaweed into a storage stable condition. $4.5M / Series A / Oct 11, 2023
Ocean Rainforest Ocean Rainforest
Ocean Rainforest offer a collection of premium fully-traceable seaweed products, mostly for food and cosmetic producers.The company has developed a structural system for macroalgae cultivation in open oceans and related on-shore processes for bringing the seaweed into a storage stable condition. $6.2M / Series A / Feb 15, 2023

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FAQ

What does Norðoya Íløgufelag invest in?

Norðoya Íløgufelag invests primarily in Seafood and Food Processing startups, most often at Series A stage. Most of the 2 investments tracked by Shizune back companies in Faroe Islands. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is Norðoya Íløgufelag's check size?

Norðoya Íløgufelag typically joins rounds of $4.5M–$6.2M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Norðoya Íløgufelag participates in.

When did Norðoya Íløgufelag last invest?

The most recent investment recorded for Norðoya Íløgufelag closed in Oct 2023. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

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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