# Top 50 Software Startup Investors in Iceland in June 2026 ## Frumtak Ventures - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 17 - Stages: Seed, Series A - Focus: Software, Information Technology, SaaS 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. ## New Business Venture Fund - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 13 - Stages: Seed, Series A - Focus: Software, Health Care, Medical 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. ## Crowberry Capital - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 8 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Gaming, Health Care 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. ## Brunnur Ventures - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 7 - Stages: Seed, Series A - Focus: Software, SaaS, Gaming Brunnur Ventures is a top venture capital firm in Iceland for startups with high-growth potential. ## Preceptor Capital - Type: VC Fund - Relevant deals: 3 - Stages: Seed, Series A - Focus: FinTech, Computer, Software Preceptor Capital is an investment firm. ## Karma Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, FinTech karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe. ## byFounders - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Health Care 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. ## Iceland Venture Studio - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, Health Care, B2B We help people grow and build decentralized companies ## Slack Fund - Type: VC Fund - Location: Daly City, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Internet The Slack Fund is a venture capital fund that invests in and collaborates with entrepreneurs creating the next great software companies. ## Christian Jantzen - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Pre-Seed, Angel - Focus: Software, SaaS, Information Technology Danish angel investor, based in London. ## Reaktor Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Internet, Software, E-Commerce 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. ## Arion Bank - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 2 - Stages: Debt Financing, Seed, Post-IPO Debt - Focus: Farming, Seafood, Mobile Arion bank offers financial services to companies, institutional investors, and individuals. ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Health Care Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more. ## Saint-Gobain NOVA - Type: VC Fund - Location: Courbevoie, Ile-de-France, France - Relevant deals: 2 - Stages: Seed, Series B, Series A - Focus: Energy, Software, Construction Saint-Gobain NOVA is the ventures arm of Saint‑Gobain. ## Shanda Group - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Artificial Intelligence, Software, Health Care 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. ## Behold Ventures - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Gaming, Sports, eSports Behold Ventures is a venture capital fund supporting early-stage video game startups led by passionate entrepreneurs shaping the future of interactive entertainment. ## BlueYard Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Biotechnology, Internet BlueYard backs founders building the interconnected elements that can become the fabric of our future. ## Investa - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 2 - Stages: Seed, Angel - Focus: SaaS, Software, Events 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. ## Sukna Ventures - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Series A - Focus: Financial Services, FinTech, Information Technology Sukna ventures is a venture studio and fund based in Saudi Arabia. ## Hermann Kristjánsson - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Hardware, Software, Photography Hermann Kristjánsson ## Eyrir Vöxtur - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 1 - Stages: Seed - Focus: Legal, Legal Tech, Document Management Eyrir Vöxtur is an ESG fund, which focuses on investing in promising ventures for international growth and value creation. The fund invests in companies that have a positive impact on society and the environment. ## whynow - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed - Focus: Apps, Music We bring you the Positive, Powerful and Personal stories from both emerging creatives and established giants in art, fashion, music and entertainment. ## Soo Boon Koh - Type: Angel - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Apps, Mobile, Cloud Computing Soo Boon has over 30 years of global experience in finance and venture capital investing and brings this valuable expertise to each and every investment. She founded iGlobe Partners in 1999, in which the funds sponsor is the Economic Development Board (EDB) of Singapore, the pre-eminent statutory board responsible for enhancing Singapore'sglobal economic and business position. iGlobe Partners also started iGlobe Treasury Fund (NZ$31 million fund) in 2003 as a joint venture with the New Zealand Government.From 1988 to 1999, Soo Boon held executive management positions with Vertex Management Inc., (Vertex), the venture capital arm of Singapore Technologies, managing three funds during her tenure. She established the US operation of Vertex and headed the Silicon Valley office for 9 years, where she was instrumental in the early days of technology transfer for over 100 engineers in Silicon Valley for Chartered Semiconductor and Chartered Microwave. Soo Boon then started Vertex's European operations (headquartered in London, United Kingdom) and ran its European investment operation. As a result of her expertise, she guided numerous successful investments to IPOs, such as Lattice Semiconductor, Creative Technologies, and Activcard SA.Before Vertex, Soo Boon also held various senior management positions in the Treasury and Credit departments in her 12 years of work in the Development Bank of Singapore. Her time there also equipped her with in-depth knowledge of the finance aspect of the venture capital industry. She also headed the International Departments, Credit Division with responsibility for its eight overseas offices and Syndication Department for the Asia-Pacific region.Soo Boon earned her degree in 1973 from King's College, University of London with a Bachelor of Science Degree in Mathematics (First Class Honors). She attended the INSEAD Advanced Management program in 1998.Currently, she serves on the boards of directors of several private companies, including Fortemedia (Nanjing), Telenav Inc., and u-blox AG (SWX:UBXN). Since 2003, she serves on the Investment Committee of iGlobe Treasury Fund, a supported by the New Zealand Government. She is also one of the founding members of the Monte Jade (Singapore Chapter) and an EXCO member of the Singapore Chinese Chamber of Commerce. ## Hilmar Veigar Petursson - Type: Angel - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 1 - Stages: Seed, Series A - Focus: Online Games, Software, Video Games Hilmar has been leading CCP Games’ ongoing success and growth since his appointment as Chief Executive Officer in 2004. Under Hilmar’s management CCP’s critically acclaimed science-fiction game EVE Online celebrated an unprecedented ten consecutive years of subscriber growth. In addition, Hilmar has put CCP into the pole position in the VRrevolution by embracing the new technology early. The company released virtual-reality arcade shooter Gunjack for the Samsung Gear VR in 2015, which has been the best-selling game on the platform since launch. And in early 2016 CCP released EVE: Valkyrie, a hotly-anticipated multiplayer spaceship dogfighting shooter built from the ground up for virtual reality, bundled with Oculus Rift pre-orders. EVE: Valkyrie will ship on HTC Vive and PlayStation VR on PlayStation 4 later in 2016. Before his appointment to the CEO position, Hilmar held the title of CCP's Chief Technical Officer, heading the engineering effort required to create the company’s persistent world technology and 3D engine. Prior to joining CCP in 2000, he served as the CTO of SmartVR, an OZ.com spin-off based on that company’s multi-user virtual reality technology following his tenure as the VP of software development for the OZ Studios division of OZ.com.Currently, he is also active on a number of boards and committees relating to Icelandic information technology and innovation. Hilmar has a B.Sc. in Computer Science from the University of Iceland. ## Sequoia Capital - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Series C - Focus: Software, Information Technology, Artificial Intelligence We help the daring build We help the daring build legendary companies from idea to IPO and beyond. companies. ## Nick Gatfield - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Internet, TV, Apps Nick Gatfield - Co-Founder @ Synchronized ## Greycroft - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, E-Commerce Venture capital and technology investments ## Sigþór Sigmarsson - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series D - Focus: Software, Health Care, Banking Sigþór Sigmarsson is Finance director at Novato. He attended Háskóli Íslands. ## Ridge Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, Internet, Information Technology Ridge Ventures (formerly IDG Ventures) is an early stage venture capital fund investing in experienced founders redefining how the world uses software. ## Trausti Kristjánsson - Type: Angel - Relevant deals: 1 - Stages: Seed - Focus: Software, Information Technology Trausti Kristjánsson ## Kjartan Olafsson - Type: Angel - Relevant deals: 1 - Stages: Angel, Series A - Focus: Software, B2B, Apps Kjartan Olafsson is an entrepreneur and angel-investor-on-occasion with one foot in New York and the other in Iceland. Kjartan is the owner of Volta Labs Venture Development (Volta.is) and the founder of Basno.com, a platform for digital goods. He sits on the board of directors at a handful of companies and organizations in Iceland and theU.S., including Basno and Datamarket.com. Previously Kjartan served as the Director of Business Development for the international media company Bertelsmann Inc. in New York. Kjartan studied philosophy and logic in Iceland and Italy, and holds a master’s degree in business administration from the Harvard Business School. ## Kristín Pétursdóttir - Type: Angel - Relevant deals: 1 - Stages: Angel - Focus: SaaS, Software, Productivity Tools Kristín Pétursdóttir ## Eyrir Invest - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 1 - Focus: Big Data, Analytics, Enterprise Software Eyrir Invest is an international investment company that focuses on investments in industrial companies that have the potential to become true global leaders. ## Idlewild Management - Type: VC Fund - Relevant deals: 1 - Focus: SaaS, Software, Marine Technology Idlewild Management is a investment management firm. ## Ziggy Jonsson - Type: Angel - Location: New York, New York, United States - Relevant deals: 1 - Stages: Angel, Series A - Focus: Apps, SaaS, Software Co-founder+CTO @ TheNumber - Senior Partner @ One Zero Capital ## 1/0 Capital - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, Software 1/0 Capital is a privately held partnership that invests in growth stage companies. ## Tuesday Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Mobile, Internet Tuesday Capital (formerly CrunchFund) has been helping early-stage founders build the companies of tomorrow since 2011. ## Shubert Organization - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Focus: Big Data, Analytics, Enterprise Software Shubert Organization owns, operates, and manages theatres in New York; and Philadelphia, Pennsylvania.The organization also produces plays and musicals in New York City and other parts of the United States; operates a ticketing agency for theatres in New York City; and provides a research repository of theatrical documents and other relateditems. In addition, the company offers a source for various ticketing needs, including box office, telephone, internet, season and subscription, group, and more sales to various segments of the entertainment industry.Shubert Organization was formerly known as Select Theatres Corporation and changed its name to Shubert Organization in 1973.The company was founded in 1900 and is based in New York, United States. It operates as a subsidiary of The Shubert Foundation, Inc. ## Experian - Type: VC Fund - Location: Dublin, Dublin, Ireland - Relevant deals: 1 - Stages: Corporate Round, Series B, Seed - Focus: FinTech, Financial Services, Finance 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. ## L-Acoustics - Type: VC Fund - Location: Marcoussis, Bretagne, France - Relevant deals: 1 - Stages: Series B - Focus: Audio, Music, Software Welcome to L-Acoustics. We set the benchmark for pro audio sound systems and are always at the cutting-edge of audio technology. ## APX - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: Software, SaaS, Information Technology APX is Europe’s leading very-early-stage VC. Based in Berlin and backed by Axel Springer and Porsche, we support and partner with the most ambitious founding teams from Europe and beyond - often as their first investor.We invest up to EUR 500K in startups until a series A starting with a quick EUR 50K investment, and within a few months,depending on traction and speed, we can invest further. Each month we invest in new teams who become part of the APX community, counting hundreds of other founders. Since 2018, we have invested in 100+ startups across 20+ industries with founders from 20+ countries together with 100+ co-investors. ## Sisu Game Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A - Focus: Gaming, Video Games, Virtual Reality Sisu Game Ventures is an early-stage venture capital fund focused 100% on games. We set up shop in 2014 to support the most promising founders in the industry. Sisu has deep roots in the Nordic region, but our network of founders is fully global.The Sisu team consists of Samuli, Paul, Erik, Kalle, Moaffak, Kadri, and Jere - all of whom haveextensive backgrounds in the game industry and startup circles, both as entrepreneurs and investors. We've founded and built sixteen game companies since the early 90s and had several successful exits. Apart from funding companies, the team uses their expertise to act as a studio builder. Individual founders are supported in building their team, honing their product strategy and in gathering the right group of investors. ## Two Ravens - Type: VC Fund - Relevant deals: 1 Two Ravens focuses on investing in pre-seed and early seed stage technology companies. ## MGMT Ventures - Type: VC Fund - Relevant deals: 1 - Stages: Pre-Seed - Focus: Gaming, Sports, Seafood MGMT Ventures mission is to support and invest in founders pushing the boundaries of innovation in emerging and future industries. ## Charles Huang - Type: Angel - Relevant deals: 1 - Stages: Seed, Series B - Focus: Apps, Music, Computer Charles Huang, founder of the iconic gaming franchise, Guitar Hero. ## Technology Development Fund - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 1 - Stages: Grant, Seed - Focus: Software, Health Care, Manufacturing The role of the fund is to support research and development activities, which aim towards innovation in Icelandic industry. The Technology Development Fund is a competitive fund which issues its calls for proposals twice a year. ## Export and Investment Fund - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Biotechnology, Information Technology 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. ## Börkur Arnviðarson - Type: Angel - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed - Focus: Software, Information Technology Börkur Arnviðarson ## MD ONE Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A - Focus: SaaS, Security, Cyber Security 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. ## Omega ehf - Type: VC Fund - Relevant deals: 1 - Stages: Series D - Focus: Banking, FinTech, Software Omega ehf is a private investment vehicle that makes investments in private equity and a variety of ventures. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co