Top 50 SaaS VC (Venture Capital) Funds in Iceland in May 2026
Top 50 SaaS VC (Venture Capital) Funds in Iceland in May 2026
| Investor | SaaS Iceland investments |
|---|---|
| Frumtak Ventures | 19 |
| New Business Venture Fund | 18 |
| Brunnur Ventures | 15 |
| Crowberry Capital | 8 |
| Novator | 3 |
| byFounders | 3 |
| Iceland Venture Studio | 3 |
| Karma Ventures | 3 |
| Preceptor Capital | 3 |
| Shanda Group | 2 |
| Chrysalix Venture Capital | 2 |
| Index Ventures | 2 |
| Saint-Gobain NOVA | 2 |
| Slack Fund | 2 |
| BlueYard Capital | 2 |
| Investa | 2 |
| Inventure | 2 |
| Reaktor Ventures | 2 |
| Behold Ventures | 2 |
| Arion Bank | 2 |
| Seed Capital | 1 |
| Headline | 1 |
| BioInnovation Institute | 1 |
| Tencent | 1 |
| Mesa Ventures | 1 |
| Omega Algae | 1 |
| Ridge Ventures | 1 |
| Idlewild Management | 1 |
| Teya | 1 |
| whynow | 1 |
| MGMT Ventures | 1 |
| Innoport | 1 |
| Sequoia Capital | 1 |
| Faber | 1 |
| Asabys Partners | 1 |
| Experian | 1 |
| Omega ehf | 1 |
| Keen Venture Partners | 1 |
| Tennin | 1 |
| L-Acoustics | 1 |
| boldstart ventures | 1 |
| Eyrir Invest | 1 |
| KOMPAS VC | 1 |
| Export and Investment Fund | 1 |
| MD ONE Ventures | 1 |
| Riverstone Ventures | 1 |
| Two Ravens | 1 |
| Sukna Ventures | 1 |
| Atomico | 1 |
| Baliopharm | 1 |
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Find investors — It's Free!At Frumtak Ventures, we champion founders who have demonstrated early traction and have potential to become global leaders in their space. We take a concentrated, high-conviction, and high-involvement approach to investing and dedicate ourselves to collaboratively work with our portfolio companies from the seed stage through IPO. Our initialticket size usually ranges from €1 million to €3 million.
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- Software, Information Technology, SaaS
- Seed, Funding Round, Series A
- Iceland, United States, United Kingdom
Portfolio highlights
- PLAIO — PLAIO is a web-based SaaS platform intended to help generic pharmaceutical companies to digitize their demand, manufacturing, and purchase planning.PLAIO offers features like visual and capacity planning, advanced constraint/overhead calculations.
- Moombix — Join us for the launch of our advanced learning platform for online music lessons
- Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
The New Business Venture Fund is an evergreen investment fund that actively contributes to the development and growth of the Icelandic economy by investing in promising innovation and start-up companies.The New Business Venture Fund invests at seed and early stage in promising growth companies with great business ideas and strong management anddevelopment teams.The New Business Venture Fund is a state owned investment fund intended to strengthen and develop the Icelandic venture capital market along with promoting startups and business in Iceland thus encouraging economic growth.
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- Software, Health Care, Medical
- Seed, Funding Round, Series A
- Iceland, United States, China
Portfolio highlights
- HorseDay — HorseDay is a mobile application to track horse activities.
- Spectaflow — Spectaflow is a SaaS solution for accommodations businesses focused on improving housekeeping and maintenance workflows
- PayAnalytics — PayAnalytics, a leading pay equity and workforce analytics solution, aids companies in closing pay gaps and fostering workplace equity. Ensure compliance with pay transparency regulations, assess wage disparities, and analyze workforce demographics conveniently.
Brunnur Ventures is a top venture capital firm in Iceland for startups with high-growth potential.
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- Software, SaaS, Gaming
- Seed, Series A, Funding Round
- Iceland, United States, Denmark
Portfolio highlights
- AviLabs — AviLabs specializes in software development in aviation.
- Laki Power — We supply power grid operators with advanced high-voltage line monitoring stations that enable them to optimise performance, safety and cost.
- Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
Crowberry Capital invests at seed and early stage in emerging technology ventures in the Nordics. Our mission is to back people that are good for companies and build companies that are good for people. We have a strong follow-through philosophy and commit to putting your company first.
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- Software, Gaming, Health Care
- Seed, Series A, Pre-Seed
- Iceland, Denmark, Finland
Portfolio highlights
- Tiimo — Tiimo helps you manage your daily life and improve your wellbeing. Visualize your day. Improve your routines. Stress less.
- Quanscient — We are building next generation simulation software-as-a-service utilizing Quantum computing algorithms. Our specialty domain of simulations is Computational Electromagnetics.
- Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
Novator is an alternative investment firm founded and led by the international investor and entrepreneur Thor Bjorgolfsson.Novator's investment portfolio is focused around following sectors: Telecommunications, Pharmaceuticals, IT and Renewable Energy. In addition, Novator operates a Private Equity Fund and a Credit Opportunities Fund.Novator focuses on developing strong management teams in each of its portfolio companies. While granting them the autonomy to create value, Novator maintains a supervisory role, principally through representation on the Boards of its investee companies. Novator differentiates itself from many other private equity companies in concentrating on complex situations, either by virtue of their structure or their cross-border nature. To create value, Novator undertakes the restructuring or "de-risking" of investment opportunities through re-financing, combining acquired assets with existing businesses, through sale to strategic or financial buyers, or through flotation. Novator's investment portfolio is focused around four main sectors:Telecommunications, Pharmaceuticals, IT and Renewable Energy.
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- Software, E-Commerce, Online Games
- Funding Round, Series B, Series C
- United Kingdom, United States, Iceland
Portfolio highlights
- Numan — Convenient care, tailored to you. Offering treatments for weight loss, diagnostics, erectile dysfunction, hair loss, and more.
- Nord Security — Nord Security is the leader in the field of online privacy and security. Our security tools have earned praise from respected experts and tech outlets.
- Steel City Interactive — Steel City Interactive develops gaming.
byFounders is the community-powered early-stage venture fund investing in globally ambitious teams connected to the Nordic and Baltic countries. With its unique Collective of founders and operators, byFounders offers its portfolio operational expertise and a global network. Believing in the power of tech to shape our future, byFounders takes an impact-aware approach to investing and working with the broader startup ecosystem.
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- Software, Artificial Intelligence, Health Care
- Seed, Pre-Seed, Series A
- Denmark, United States, Sweden
Portfolio highlights
- Sumary — Sumary is a finance-tech company that offers an AI-powered reporting, budgeting & forecasting for e-conomic.
- Digitail — Grow your practice, offer a modern client experience, and automate routine practice tasks with the proven all-in-one veterinary software.
- DataCrunch.io — DataCrunch is a cloud service provider which facilitates utilization and integration of state of the art AI/ML models
We help people grow and build decentralized companies
Show more...Investment focus
- Software, Health Care, B2B
- Seed, Pre-Seed, Funding Round
- Iceland, India, Israel
Portfolio highlights
- Soptle — Founded in Sep 2021, Soptle started to establish an integrated technology to the neglected regional FMCG Manufacturers in India with a B2B Retail Commmerce App. It uses tech and data to distribute at scale and use necessary components (existing Distributor/Wholesaler) in the FMCG Supply Chain to build a high growth and profitable business.
- Expertrons — Expertrons is an upskilling platform that offers advanced training programs | BSFI | HR | Marketing and many more to assure 100% professional success.
- Nanom — Greenvolt Nano creates nano-enhanced materials for use in battery technology. It provides a pathway to clean, inexpensive, and renewable energy sources while reducing environmental toxicity. And makes products smarter, efficient, and longer lasting. It is founded in 2017.
karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.
Show more...Investment focus
- Software, Artificial Intelligence, FinTech
- Series A, Seed, Series B
- Estonia, United States, Sweden
Portfolio highlights
- Swarmia — Build better software faster with insights that power your whole engineering organization. Get started with a demo or a free 14-day trial.
- Druid AI — DRUID is an AI platform that allows companies to automate processes by designing and deploying UiPath RPA integrated chatbot virtual assistants.
- Starship Technologies — The future of delivery - today!
Preceptor Capital is an investment firm.
Show more...Investment focus
- FinTech, Computer, Software
- Seed, Series A
- Iceland, United States
Portfolio highlights
- Anonybit — Revolutionize identity management with Anonybit! Unmatched privacy, strong authentication, and secure solutions for a safer digital world.
- Lucinity — Money laundering is the crime that fuels crime. Lucinity's mission is to Make Money Good® by combining the best of human and artificial intelligence. Lucinity uses Human AI to help banks fight financial crime more efficiently. By designing its AML platform around man and machine, Lucinity allows banks to increase their AML programs'productivity.Lucinity identifies suspicious activity through its proprietary behavior detection system. The approach is entirely risk-based and allows customers to control their risk exposure before efficiently reviewing AML alerts in the Lucinity Case Manager.The company was founded by industry veterans. The core team has experience from Tier-1 banks, international regulators, and leading legacy vendors. Lucinity takes great pride in being the enterprise-ready AML startup that brings the novelty and excitement of a startup and the professionalism and experience of an incumbent.
Shanda Group is a private investment firm that was founded in 1999 by Tianqiao Chen and Chrissy Luo. The company works across venture capital, private equity, public markets, and real estate, prioritizing investments in the financial services, technology, and healthcare sectors. Shanda has offices in Shanghai, Hong Kong, New York, Singapore andMenlo Park. It invests in innovative companies and great management teams that have the vision and determination to change the world.
Show more...Investment focus
- Biotechnology, Artificial Intelligence, Software
- Seed, Series A, Pre-Seed
- United States, China, Israel
Portfolio highlights
- Xunlu AI — Xunlu AI is an innovative startup that focuses on the development of AI-powered customer service technologies. Xunlu AI provides AI intelligent customer service and sales robots to businesses in a variety of industries via highly tailored AI solutions, assisting businesses in achieving their goals of cost reduction and increased productivity.
- Trener Robotics — Trener Robotics develops AI software that enables industrial robots to operate autonomously, adapt to variability, and deploy faster in manufacturing.
- Rubedo Life Sciences — Rubedo Life Sciences is the Premier Longevity Company. Rubedo discovers and develops medicines to keep you biologically young.
Leading global venture capital fund that invests in resource intensive industries across North America and Europe.
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- Energy, Manufacturing, CleanTech
- Series B, Series A, Funding Round
- United States, Canada, The Netherlands
Portfolio highlights
- General Fusion — General Fusion is developing fusion energy: a clean, safe, abundant and on-demand approach to generating electricity.
- Q5D Technology — Additive manufacturing with conductors. Eliminate traditional wiring, saving space and weight. Unique 5-axis robots add power and data functions to products. Simplify supply chains and manufacturing. Transform productivity with our hardware, software, and support.
- VerAI Discoveries — VerAI Discoveries is disrupting Mineral Exploration by deploying a revolutionary Artificial Intelligence Platform that detects concealed mineral deposits.
Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.
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- Software, E-Commerce, Internet
- Series A, Series B, Seed
- United States, United Kingdom, France
Portfolio highlights
- Trouva — Trouva, launched in September 2015, is the marketplace for bricks and mortar independent shops, selling unique homeware and lifestyle products from hundreds of shops and boutiques. Trouva bridges online and offline in retail to offer click and collect, 1-hour delivery, and worldwide shipping in a single seamless platform.Trouva is one of the mostexciting e-commerce start-ups in Europe, backed by amazing VC and Angel Investors whose successes include Secret Escapes, Net-A-Porter, and Farfetch (BGF Ventures, Octopus Investments, C4 Ventures, Index Ventures & LocalGlobe).
- Funding Circle — When Funding Circle was founded, they could see that businesses weren’t being given the finance to grow, while investors were making poor returns. They had a simple idea — let them support each other.By lending directly to businesses through Funding Circle, investors can now earn attractive returns to better provide for their future. Businessesget fast, easy access to funding to grow, create jobs, support local communities and drive the economy forward. They believe it’s better for everyone.
- Raisin — Raisin is a savings and investment marketplace that connects retail customers with banks looking to expand deposit reach. The company's goal is to provide savers the best interest rates. The company gives access to exclusive savings products from all over Europe. Raisin assures a smooth investment process and the simple management ofinvestments with all of the partner banks via one single platform.Raisin was founded on 2012 and is headquartered in Berlin, Germany. Raisin DS was formed by a merger of the FinTech companies Deposit Solutions and Raisin in June 2021.
Saint-Gobain NOVA is the ventures arm of Saint‑Gobain.
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- Software, Energy, Information Technology
- Seed, Series B, Funding Round
- United States, Germany, Iceland
Portfolio highlights
- Hyperframe — Hyperframe develops a commercial metal wall framing system for large towers and commercial structures, enabling snap-together assembly that is 5x faster than traditional methods. Its automated, all-digital manufacturing process integrates with proprietary HyperBIM software, which coordinates the framing model with as-built conditions using pointcloud data. An AR app ensures precise on-site installation. The system eliminates scrap and significantly boosts schedule, quality, and safety.
- Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
- FibreCoat — Making the future affordable. EM-Shielding Composites Sustainable https://fibrecoat.de/wp-content/uploads/2022/01/20211004_FibreCoat_web.mp4 Shedule a meeting to solve your problem Mobility Affordable and damage-resistant materials for integrated EMI-shielding and weight reduction in EVs. Construction Easy retrofit shielding of electronics and people from 5G and other types of EM radiation. Government Specialized yarns for sensors, circuits, shielding and countermeasure materials. With
The Slack Fund is a venture capital fund that invests in and collaborates with entrepreneurs creating the next great software companies.
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- Software, SaaS, Internet
- Seed, Series A, Series B
- United States, Canada, United Kingdom
Portfolio highlights
- WorkMade — A smarter banking solution for freelancers: Automatically calculates, prepares, pays taxes, discovers write-offs, and gets you paid fast.
- Gatheround — Facilitate must-haves like regular team bonding, new hire onboarding, peer learning, and more.
- Ensemble AI — Ensemble introduces Dark Matter, a net-new ML algorithm that creates richer representations of your data to make any model, in any domain, perform better.
BlueYard backs founders building the interconnected elements that can become the fabric of our future.
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- Software, Biotechnology, Internet
- Seed, Series A, Funding Round
- United States, Germany, United Kingdom
Portfolio highlights
- Biomia — Biomia rationally engineers nature-inspired novel small molecule therapeutics to treat CNS disorders.
- Meatable — Meatable is a food production company that produces real and guilt-free meat. With one cell, they are revolutionizing the meat industry's impact on climate change and animal welfare. At the same time they increase food security, without compromising the culinary experience of eating tasty, real meat. They aim to satisfy the world'sappetite for meat without harming people, animals, and the planet.It was founded in 2018 and is headquartered in Delft, South Holland, The Netherlands.
- ZeroPhase — Enabling unmanned mission success through reliable communication
Investa is an early stage investor in some of Iceland's most innovative startups. It invests primarily in companies in the technology sector offering products and solutions that have an international appeal.Its policy is to invest in a select few startups and spend a lot of time with them. In addition to investing, the company also providevarious advisory services from time to time to companies, investors and institutions that need help evaluating new opportunities.
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- SaaS, Software, Events
- Seed, Angel
- Iceland, United States
Portfolio highlights
- GRID — A spreadsheet technology company building cutting-edge spreadsheet solutions optimized for AI and modern applications.
- Travelade — Find recommendations and local insights from all across the world. Discover hidden gems, book experiences with best price guaranteed, create epic stories.
- Aldin Dynamics — Aldin creates believable realities designed for presence & immersion.
Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.
Show more...Investment focus
- Software, Information Technology, Health Care
- Seed, Series A, Series B
- Finland, Sweden, United States
Portfolio highlights
- Abzu — Abzu's AI is built for the modern researcher, where explainability, small data, and new insights are at the core of innovative discoveries.
- Yeply — Yeply Mobile Bike Service is a start-up that specializes in bicycle maintenance. Yeply’s ideology is that bicycle maintenance should be an easy, quick, and effortless experience for the customer. It believes that every bike is worth caring for and they value every cyclist equally - cycling belongs to everyone.It was founded in 2016 and isheadquartered in Helsinki, Finland.
- Hopsworks — Hopsworks is an online platform for the development and operation of Machine Learning (ML) pipelines at scale, based around the industry's first Feature Store for ML.
Reaktor Ventures has moved to the next phase by focusing its efforts to actively supporting current portfolio companies. This means that the fund has ended its investment period and is not investing into new companies. Between 2013 and 2018 we have invested into 42 different companies and one early stage fund. We will naturally keep makingfollow-up investments to current portfolio companies.
Show more...Investment focus
- Internet, Software, E-Commerce
- Seed, Pre-Seed, Series A
- Finland, Germany, United States
Portfolio highlights
- Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
- Swappie — Buy refurbished iPhones at an affordable price - Swappie offers refurbished and cheap iPhones with a free 12-month Swappie warranty.
- Videoly — The easiest way for online retailers to get hand-picked and automatically embedded product videos.
Behold Ventures is a venture capital fund supporting early-stage video game startups led by passionate entrepreneurs shaping the future of interactive entertainment.
Show more...Investment focus
- Gaming, Sports, eSports
- Seed, Pre-Seed
- Sweden, Iceland, United States
Portfolio highlights
- Dead Astronauts — Dead Astronauts reinvents open-world game experiences with technical innovation at the core of the company and PLAYER CREATIVITY at the core of the games we make.
- Porcelain Fortress — Porcelain Fortress was founded by a small band of romantics in the summer of 2016 in Reykjavik, Iceland.
- Blue Scarab Entertainment — Blue Scarab Entertainment is Stockholm-based video game studio developing a surprising MMORPG for fans of cozy escapism, true-crime, supernatural mystery, and horses.
Arion bank offers financial services to companies, institutional investors, and individuals.
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- Mobile, Rental, Farming
- Debt Financing, Seed, Convertible Note
- Iceland
Portfolio highlights
- LAXEY — LAXEY specializes in sustainable land-based aquaculture and the development of fish farming facilities.
- First Water — First Water is revolutionizing the salmon farming industry with its innovative approach to sustainable aquaculture. Founded in 2017, the company set out with a clear vision: to produce high-quality salmon while minimizing environmental impact and leading the way in responsible seafood production.
- Borealis Data Center — Leaders in sustainable data centers with reliable infrastructure and compliant operations. Our data centers are located in Iceland and use renewable clean and zero-waste, zero-carbon energy.
Seed Capital invests in Danish tech businesses with global ambitions. We are focused on "late seed"-stage companies, typically investing 1-3 MEUR in rounds of 1-6 MEUR. Proud backers of Trustpilot, Vivino, Lunar, Templafy, Dixa, Forecast, and many other great companies.
Show more...Investment focus
- Software, Health Care, SaaS
- Seed, Funding Round, Series A
- Denmark, United States, United Kingdom
Portfolio highlights
- Tembi — Market Intelligence platform with deep market data, insights and predictions for B2B companies that look for a competitive edge.
- Fortiv — Fortiv is an AI business continuity platform designed to build resilience, put compliance on autopilot and demonstrate reliability.
- Embankment — Dedicated to AIFs. Driven by technology, delivered by domain experts
Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global.
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- Software, E-Commerce, Information Technology
- Series A, Series B, Seed
- United States, Germany, Brazil
Portfolio highlights
- SPARETECH — SPARETECH builds the leading availability platform for industrial spare parts
- Mistral AI — Take control of the future with a complete AI solution from platform to interface, with open, customizable models that can be deployed anywhere.
- Fundamental — Fundamental is an AI research company that focuses on overcoming the fundamental challenges of machine learning in large-scale tabular systems.
BioInnovation Institute is a biotechnology startup that offers entrepreneurs and researchers in life science. Early-stage life science start-ups are supported with up to 10 million DKK in funding, business acceleration, network, labs, and office space. It helps to early-stage start-ups within human health and planetary health. The startup'smission is to use its knowledge, network, funding, and infrastructure to incubate world-class life science and catalyze the commercialization of new solutions through start-ups.BioInnovation Institute was founded in 2018 and is based in Denmark.
Show more...Investment focus
- Biotechnology, Medical, Health Care
- Convertible Note, Pre-Seed, Debt Financing
- Denmark, Germany, Switzerland
Portfolio highlights
- Loma Therapeutics — Loma Therapeutics is developing targeted immunotherapy for the effective and safe treatment of HPV infection, dysplasia, and cancer patients.
- Amalus Therapeutics — Amalus Therapeuticss' objective is to significantly improve the lives of those suffering from cancer and fibrotic disorders.
- metaLead Therapeutics — metaLead Therapeutics is to develop this peptide as a next-generation Pb poisoning treatment.
Tencent is an internet service portal offering value-added internet, mobile, telecom, and online advertising services. Its communications and social platforms Weixin and QQ connect users with each other, with digital content and daily life services in just a few clicks. Tencent has maintained steady growth under its user-oriented operatingstrategies. It provides value-added internet, mobile, and telecom services, as well as online advertising under the strategic goal of providing users with "one-stop online lifestyle services." Tencent’s Internet platforms in China – QQ (QQ Instant Messenger), WeChat, QQ.com, QQ Games, Qzone, 3g.QQ.com, SoSo, PaiPai, and Tenpay – aim to address the various needs of internet users, including communication, information, entertainment, e-commerce, and others.In September 2013, Tencent's market valuation rose to $101 billion, and as of November 21, 2013, QQ had 2 billion active users and WeChat had 650 million monthly active users. The numbers of active users for QQ mail, Qzone, Tencent Weibo, and QQ news were 274 million, 626 million, 220 million, and 150 million, respectively.Tencent was founded in November of 1998. In April 2000, the IDG and PCCW invested a total of $2.2 million dollars in the company. Tencent was listed on the Hong Kong Stock Exchange (SEHK) on June 16, 2004. Baidu, Alibaba, and Netease are Tencent's major competitors.
Show more...Investment focus
- Software, Financial Services, E-Commerce
- Series B, Series A, Series C
- China, United States, United Kingdom
Portfolio highlights
- Udaan — Udaan is a B2B trade platform that brings manufacturers, traders, retailers, and wholesalers into a single platform. The platform is about making business easy in India, about making B2B commerce convenient and efficient. They believe B2B is the new B2C in India. It connects retailers with wholesalers and traders who sell more than 15 lakh productsranging across categories from electronics and apparel to grocery and fresh produce.Udaan chat feature allows users to have a personal and secure conversation in real-time, in a language of your choice. It enables a direct connection between buyers and sellers which allows one-on-one discussions to negotiate terms of trade between transacting parties. India has 50m+ SMBs, who form the core of the Indian economy and society. They are the entrepreneurial pulse of India. They believe the internet is a great equalizing platform. They want to bring their energies together in bringing the power of the Internet to these millions of entrepreneurs.Udaan was founded in 2016 and is headquartered in Bangalore, Karnataka, India.
- Z.ai — Z.ai develops artificial intelligence models and services built upon large-scale pretrained architectures. The company offers ChatGLM, a dialogue-focused language model series designed for smooth conversation and easy integration. It also provides Ying, a text-to-video model capable of generating short video clips from text or images, and AutoGLM,a voice-driven AI agent that performs smartphone tasks based on complex user instructions. Z.ai supports integration through an API platform and offers migration assistance for developers moving from other AI ecosystems. The company’s technology stems from research at Tsinghua University’s KEG lab and emphasizes general-purpose cognitive intelligence models.
- Full Truck Alliance — Full Truck Alliance is a platform that connects shippers with truckers to facilitate shipments across distance ranges and cargo weights. its revenues principally from shippers' and truckers' use of its platforms in connection with freight matching services.
MESA Ventures is a Seed and Series A venture fund focused on e-commerce, advertising, media, enterprise software, and mobile technologies. The Fund co-invests between $50,000 and $250,000 alongside established early stage venture firms. We actively support talented entrepreneurs building big businesses. To do that, we invest social capitalthat we believe valuable as financial capital. This comes from tapping into the team’s global network of media, entertainment and technology relationships to provide investor introductions, executive team hiring, business development, client & advertiser introductions, and marketing support. The Fund's goal is to help its portfolio companies whenever and wherever it can.
Show more...Investment focus
- Mobile, Software, E-Commerce
- Seed, Series A, Funding Round
- United States, Germany, Iceland
Portfolio highlights
- Arconex — Arconex - Vertical AI SaaS for the Architecture, Engineering & Construction (AEC) Industry.
- Zipdrug — Discover the innovative capabilities and solutions from CarelonRx that help remove barriers, personalize experiences, and improve health outcomes.
- MessageYes (formerly ReplyYes) — MessageYes' mission is to help people effortlessly discover and purchase items they love using their mobile phones. MessageYes is the first platform to offer frictionless e-commerce over mobile messaging for brands looking to engage and transact directly with their customers. Leveraging artificial intelligence (AI), human-assisted AI, andintegrated payments, the MessageYes platform learns from customer feedback to make the experience serendipitous to each person and brand. Message recipients simply reply "Yes" to instantly buy from their mobile phones.
Omega Algae Iceland emphasis to become a global, innovative, cost-effective and sustainable supplier of high quality ingredients extracted from Algae.Omega Algae, based in Iceland, emerged from an initiative of five founders who developed specific systems to maximize the utilisation of the resources supplied by nature to grow one of the oldestand essential organisms in the existence of life on earth. Realizing that the world population is growing, and food chains are stressed to supply the essential elements for the continuance of a healthy future, Omega Algae is able to address these challenges with efficient solutions.
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- Software, Information Technology
- Seed
- Iceland
Portfolio highlights
- Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
Ridge Ventures (formerly IDG Ventures) is an early stage venture capital fund investing in experienced founders redefining how the world uses software.
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- Software, Internet, Information Technology
- Series A, Seed, Series B
- United States, Canada, Finland
Portfolio highlights
- OfferFit — OfferFit is a marketing decisioning engine that selects the best message, incentive, timing, and channel for every customer. OfferFit's self-learning AI proactively experiments -- it's like adding an AI "brain" to your MarTech stack.
- Horizon3.ai — Horizon3.ai's mission is to help you find and fix your attack vectors before criminals exploit them. NodeZero, our automated penetration testing solution, enables organizations to continuously assess the security posture of their enterprise, including external, identity, on-prem, IoT, and cloud attack surfaces. Like APTs, ransomware, andother threat actors, our algorithms discover and fingerprint your attack surface, identifying the ways exploitable vulnerabilities, misconfigurations, harvested credentials, and dangerous product defaults can be chained together to facilitate a compromise. NodeZero is a true self-service SaaS offering that is safe to run in production and requires no persistent or credentialed agents. You will see your enterprise through the eyes of the attacker, identify your ineffective security controls, and ensure your limited resources are spent fixing problems that can actually be exploited. Founded in 2019 by industry, US Special Operations, and US National Security veterans, Horizon3.ai is headquartered in San Francisco, CA, and made in the USA.
- Tempered — straightforward network segmentation and secure remote access between any two systems anywhere for IT, Operational Technology, IOT, IIOT, Cloud, Mobile. zero trust SDP
Idlewild Management is a investment management firm.
Show more...Investment focus
- SaaS, Software, Marine Technology
- Funding Round
- Iceland
Portfolio highlights
- Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
SaltPay is a FinTech company dedicated to building a better future for merchants by servicing them through payment and management tools. Focused on efficiency, technology, and people, they give merchants the help they need to grow.
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- Information Technology, Apps, Sales
- Funding Round
- Turkey, Iceland
Portfolio highlights
- Odeal — Oedeal is a online payment service company, dedicated in providing wide range of financial solutions to entrepreneurs.
- Salescloud — The power behind your point of sales. Our cloud-based sales and management solutions provide you with powerful tools to help you run and grow your business.
We bring you the Positive, Powerful and Personal stories from both emerging creatives and established giants in art, fashion, music and entertainment.
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- Apps, Music
- Seed
- Iceland
Portfolio highlights
- Overtune — With Overtune you can easily make your own music. Record with voice effects and make videos.
MGMT Ventures mission is to support and invest in founders pushing the boundaries of innovation in emerging and future industries.
Show more...Investment focus
- Gaming, Sports, Seafood
- Pre-Seed
- Iceland
Portfolio highlights
- Loki Foods — We're producing sustainable, plant-based foods from the Arctic. Iceland’s first plant-based cod and seafood!
- Esports Coaching Academy — Esports Coaching Academy, the leading platform for youth esports training, education, and certification. Our academy offers top-quality courses, exercises, training sessions, and certifications.
We invest in innovative and high-potential startups.We focus on the global maritime and logistics sectors.We are striving to find disruptive technologies and business models.
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- Software, SaaS, Logistics
- Seed, Series A, Funding Round
- Germany, India, Togo
Portfolio highlights
- Portcast — Our solution improves your supply chain resilience and profitability by accurately predicting arrival times and monitoring valuable container shipments around-the-clock.
- ANNEA — ANNEA help renewable energy companies to reduce OPEX by up to 50% while increasing green energy production by up to 15%.ANNEA provides the next generation of condition-based predictive maintenance and underperformance detection for renewable energy assets. It enables automated drive train vibration analysis, based on cutting edge artificialintelligence, physical modelling, and normal behaviour modelling.Operators receive notifications about future failures up to 12 months in advance, containing detailed information on which component has a problem, the root cause of the problem, and the best time window for repair. Besides, ANNEA detects underperformance of renewable assets and helps to maximise energy production.We optimise operations and maintenance across renewable energy sectors, reducing unplanned downtime and lost profit significantly, making green energy more affordable. Let's accelerate the energy transition together!
- Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
We help the daring build We help the daring build legendary companies from idea to IPO and beyond. companies.
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- Software, Information Technology, Artificial Intelligence
- Series A, Series B, Series C
- United States, China, India
Portfolio highlights
- Freed — Join thousands of happy clinicians saving 2+ hours a day. Use Freed's AI medical scribe for instant clinical documentation.
- Meter — Meter provides internet infrastructure for businesses. Its full-stack approach combines hardware, software, and operations so that any company can seamlessly run on a reliable and modern network. Its goal is to make secure enterprise-grade networks more accessible, and to help innovative organizations get and stay online seamlessly. Fullstacksambition is to turn Meter’s infrastructure into a turnkey utility––when a company moves into any commercial space, the internet and WiFi just works.
- Sierra — Sierra helps businesses build better, more human customer experiences with AI.
Faber is a Lisbon-based venture capital firm investing in outstanding entrepreneurs who innovate at the intersection of science and technology to drive digital transformation and climate action. The firm combines a specialist focus on deep tech early-stage startups with dedicated funds, investment teams and expert advisors to actively helpfounders build global companies powered by AI/Data, Web3 or Ocean/Climate technologies.Faber’s unique approach in Southern Europe is led by an entrepreneurial management partnership and backed by notable thesis-driven institutions and private investors. Investing since 2013, the firm has been an early investor in hard tech companies such as Unbabel, SWORD Health, Codacy, iLoF or YData.
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- Software, Artificial Intelligence, SaaS
- Seed, Pre-Seed, Series A
- Portugal, United States, United Kingdom
Portfolio highlights
- YPLASMA — YPlasma, an INTA spin-off, develops plasma actuators for ionic flow control, enabling advancements in Energy and Electronics.
- RESONIKS — It's data that drives resilient and sustainable supply chains. Implement SUPPLYZ solutions to gather real-time inventory data for your products and materials and use this data to automate your processes, offer new services and prevent supply chain disruptions. SUPPLYZ can be implemented for both industrial and consumer applications
- Zymvol Biomodeling — Physics-AI hyperrealistic enzyme discovery. ZYMVOL helps R&D managers uncover hidden opportunities and screen areas overlooked by traditional methods.
Asabys Partners is a venture capital firm that invests across the board in human healthcare. The company is active in the health-tech and biopharma industries and aims to invest in Spain and abroad in innovative and transformative technologies. Asabys Partners are motivated by the idea of pushing the boundaries of science and medicine. This is donethrough the sourcing and financing of the most disruptive technologies, and through the collaboration with the best internal and external talents of our industry.
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- Biotechnology, Health Care, Medical Device
- Series A, Seed, Series B
- Spain, France, Belgium
Portfolio highlights
- DeepUll — DeepUll is a biotech company that focuses its activity on the development of a new diagnostic system for early-stage sepsis condition. DeepUll’s proposal is based on quickly identifying the pathogens and offering the antibiogram within a few hours on the one hand, and on using the data and learning about the patient’s immunological and functionalstatus on the other. The system allows doctors to predict the future appearance and evolution of sepsis within a short period of time and thus provide a suitable clinical response even before the symptoms arise.
- Sidekick Health — Our mission is to develop and deliver effective personalized digital therapeutics that prevent suffering and add millions of quality life years to people around the world. Our multi-chronic digital care platform allows us to scale the production of clinical treatments across major chronic diseases.
- INBRAIN Neuroelectronics — We are scientists, doctors, techies and humanity lovers, with the mission of building neuroelectronic interfaces to cure brain disorders.
Experian is a global information services company that provides information, analytical tools, and marketing services to help clients manage their commercial and financial decisions. The company helps organizations manage credit risk, prevent fraud, target marketing offers, and automate decision making. It also enables individuals to check theircredit report and credit score as well as protect against identity theft.The company is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index.Experian was co-founded by Michael A Barron and Bernie Brenner in January 1980 and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, United Kingdom; California, United States; and São Paulo, Brazil.
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- FinTech, Financial Services, Finance
- Corporate Round, Series B, Seed
- United States, United Kingdom, India
Portfolio highlights
- Resistant AI — Resistant AI provides fraud detection and prevention in automated document processing workflows, transaction monitoring, and identities analysis.
- Salary Finance — Salary Finance is on a mission to help millions of people across the globe live happier, healthier financial lives.They partner with employers to offer financial wellbeing benefits that help improve employee retention and productivity. Salary Finance offer simple savings, access to their salary as it is earned, and affordable loans - allunderpinned by accessible, engaging financial education. By helping employees manage debt, build a savings habit and access earned pay, they have created a more accessible alternative to traditional financial services providers.
- Caxe Technologies — Caxe Technologies provides financial services technology serving blue-chip B2B clients. They also provide digital banking software, risk management, digital sales, distribution, and regulatory reporting.
Omega ehf is a private investment vehicle that makes investments in private equity and a variety of ventures.
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- Banking, FinTech, Software
- Series D
- United Kingdom
Portfolio highlights
- Meniga — Meniga helps banks use data to drive Digital Engagement, build Customer Loyalty & increase Revenue.
- Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
Keen Venture Partners is a radically human venture capital firm that invests in fast-growing European scale-ups at the Series A and Series B stages
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- Software, SaaS, Artificial Intelligence
- Series A, Series B, Seed
- The Netherlands, Germany, United States
Portfolio highlights
- VonWood — Your digital marketplace for professional timber. Buy your timber quick and easy. Directly from the sawmill, directly to you.
- Beekeeper — Beekeeper is the employee app built for frontline success. Connect frontline teams, boost engagement, and make every shift more productive.
- Withlocals — Book unique and memorable travel experiences guided by locals worldwide
Tennin is an early-stage angel investment firm.
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- Alda — Culture made actionable: track, train, and transform workplace culture with Alda's all-in-one platform!
- Smitten — Smitten is the future of online dating, where people actually have fun being single.
Welcome to L-Acoustics. We set the benchmark for pro audio sound systems and are always at the cutting-edge of audio technology.
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- Audio, Music, Software
- Series B
- United States
Portfolio highlights
- Mixhalo — Mixhalo is a real-time audio platform that delivers an immersive experience for live events including concerts, conferences, festivals, sporting events, and anywhere people gather to hear content. Founded by Incubus Guitarist and songwriter Mike Einziger and internationally-acclaimed violinist, Ann Marie Simpson-Einziger, Mixhalo enables live eventorganizers to give audiences exactly what they came for, with real-time audio delivered directly to attendees’ own phones (via a free app) and headphones.It was established in 2016 and is headquartered in San Francisco, California.
- Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
Inception venture capital for Bold Technical Founders Building the Autonomous Enterprise
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- Software, SaaS, Information Technology
- Seed, Series A, Series B
- United States, Canada, Israel
Portfolio highlights
- Tessl — Tessl transforms software development for the AI era with its innovative AI-native development approach. Its AI-powered development platform provides secure, high-quality, and self-maintaining code tailored to the user's requirements.
- CrewAI — CrewAI is a multi-agent automation platform for enterprises to automate complex tasks. With its automation platform, organizations can deploy and manage AI agents to automate complex tasks and to value across a wide range of use cases, from research and analysis to coding and reporting.The company also offers a range of advanced new featuresincluding self-iteration, performance evaluation, persistent memory, and a range of new agent collaboration structures.
- Spectro Cloud — Enterprise Kubernetes management platform built for scale. Complete lifecycle management of any type of cluster, from bare metal to the edge.
Eyrir Invest is an international investment company that focuses on investments in industrial companies that have the potential to become true global leaders.
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- Big Data, Analytics, Enterprise Software
- Funding Round
- Iceland
Portfolio highlights
- Activity Stream — Activity Stream is a marketing platform made exclusively for the event industry.
KOMPAS is an early-stage venture capital firm with offices in Amsterdam, Berlin, Copenhagen and Tel Aviv. We fund breakthrough innovations that accelerate the digital transformation and decarbonisation of the building and manufacturing industries. KOMPAS invests €1.0 – 5.0 million in Seed and Series A rounds with continued support throughout thecompany’s entire lifecycle. We partner with exceptional founders who disrupt the way buildings are designed, built and managed. We strive to eliminate emissions from building and manufacturing activity, reduce energy consumption, promote sustainable building materials, eliminate waste and support a circular economy. We invest in digital technology and automation to make industrial processes from procurement to manufacturing more efficient. We operate with purpose whilst delivering strong financial returns to our investors.
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- Software, Construction, Information Technology
- Series A, Seed, Series B
- Germany, Israel, United States
Portfolio highlights
- Tibo Energy — To make sure you operate within the limits of your contract we control your network. We avoid congestion in your energy network.
- NeoLogic (VLSI) — NeoLogic was founded to address the increasing workloads of video, artificial intelligence, machine learning, data analytics, and more in the cloud and at the edge. we developer a unique technology that cuts down the transistor count of circuits by a factor of up to 3x at any technology node.
- Makersite — AI, data and apps for procurement, product design and expert teams to make faster sustainable product and supply chain decisions, at scale.
Denmark's Export and Investment Fund (EIFO) serves as a single point of contact for Danish firms seeking risk-tolerant government finance. We aspire to help successful enterprises that can expand the Danish economy and green the world on a daily basis, guided by professionalism and an international perspective.
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- Software, Biotechnology, Information Technology
- Seed, Series A, Funding Round
- Denmark, United States, United Kingdom
Portfolio highlights
- Kvantify — Quantum computing will revolutionize many aspects of computing. We can help your business harness the full potential of Quantum Computing and High-Performance Computing today.
- Propane — Propane is an AI-powered operating system for customer intelligence, built for modern product and GTM teams. It automates continuous customer and user research through embedded AI agents, integrated workflows, and real-time analysis—turning feedback into a scalable system, not a one-off task.
- Akson Robotics — Akson Robotics is a developer of AI and robotics-based products that focus on greener and efficient agriculture through precision farming.
MD One Ventures is the Venture Capital team dedicated to supporting National Security Innovation for the UK and Allies. We invest in the frontier technologies that matter.
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- SaaS, Security, Cyber Security
- Seed, Series A
- United Kingdom, Israel
Portfolio highlights
- Bifrost AI — Build AI in a day instead of a year, at a fraction of the price, with the Bifrost synthetic data engine.
- Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
- Milvus Advanced — Our Midas-touch alloys replicate the functional properties of platinum-group metals at a fraction of the cost.
Riverstone Ventures focuses on early stage climatetech companies.
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- SaaS, Software, Marine Technology
- Funding Round
- Iceland
Portfolio highlights
- Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
Two Ravens focuses on investing in pre-seed and early seed stage technology companies.
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- Senvo — Centralized last mile data analytics for optimization, automation, and financial transparency.
- Gripp — Gripp Ag revolutionizes farm activity and equipment tracking with a simple yet effective QR code and mobile app that allows users to capture unrecorded events.
- Outfox Health — Healthcare answers quick as a fox
Sukna ventures is a venture studio and fund based in Saudi Arabia.
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- Financial Services, FinTech, Information Technology
- Seed, Funding Round, Series A
- Saudi Arabia, United States, United Arab Emirates
Portfolio highlights
- Octa — Reduce DSO by 30%, save 20+ hours per week, and delight customers with our all-in-one platform.
- Hefring Marine — Hefring Marine's on-board AI saves fuel consumption, significantly reduces carbon emissions and improves safety in boats and vessels through our real time sea navigation guidance for both manned and unmanned vessels.
- InfiniLink — Empowering Hyperscale Datacenters Building Energy-Efficient Ultra-High-Speed Connectivity Solutions
Atomico invests in innovative technology companies around the world.
Show more...Investment focus
- Software, Artificial Intelligence, Information Technology
- Series A, Series B, Series C
- United Kingdom, United States, Germany
Portfolio highlights
- Y42 — Y42's Turnkey Data Orchestration Platform gives you a unified space to build, monitor and maintain a robust flow of data to power your business
- Qatalog — Connect tools, resources and teams in one digital Work Hub. Find information quickly, collaborate effectively. Set up your Work Hub.
- LabGenius — Finding the next generation of drugs with machine learning, synthetic biology and laboratory automation
Baliopharm AG is a biotechnology company focusing on the development of novel therapeutics for the treatment of autoimmune diseases like rheumatoid arthritis, Crohn`s disease, psoriasis and multiple sclerosis, and for cancer.
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- Medical, Consulting, Health Care
- Seed
- Iceland
Portfolio highlights
- 3Z Pharmaceuticals — 3Z Pharmaceuticals provides research services intended to provide drug development services. It offers drug screening on sleep and epilepsy assays that helps in the development of drugs used to treat neurological disorders, enabling patients to get multiple drug efficacy and toxicity assays.Karl Karlsson and Haraldur Thorsteinsson founded 3ZPharmaceuticals in 2008. It based their company on their research on the sleeping patterns of the zebrafish at the Reykjavik University Neurolab in 2006.
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