# Top 50 Software VC (Venture Capital) Funds in Iceland in June 2026 ## Frumtak Ventures - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 16 - 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. ## 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. ## 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 ## 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. ## Preceptor Capital - Type: VC Fund - Relevant deals: 3 - Stages: Seed, Series A - Focus: FinTech, Computer, Software Preceptor Capital is an investment firm. ## Shanda Group - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Artificial Intelligence, Software, Biotechnology 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. ## 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. ## Saint-Gobain NOVA - Type: VC Fund - Location: Courbevoie, Ile-de-France, France - Relevant deals: 2 - Stages: Seed, Series B, Series A - Focus: Energy, Software, Information Technology Saint-Gobain NOVA is the ventures arm of Saint‑Gobain. ## 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. ## 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. ## 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. ## Arion Bank - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 2 - Stages: Debt Financing, Seed, Convertible Note - Focus: Mobile, Rental, Farming Arion bank offers financial services to companies, institutional investors, and individuals. ## 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. ## 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. ## Menlo Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Information Technology, Artificial Intelligence Menlo Ventures is a Bay Area venture capital firm that pursues companies with the potential to disrupt huge markets. We invest in all stages, across consumer, enterprise, and healthcare technologies. ## 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 ## 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. ## Headline - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, E-Commerce, Information Technology 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. ## 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. ## 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. ## Tencent - Type: VC Fund - Location: Shenzhen, Guangdong, China - Relevant deals: 1 - Stages: Series B, Series A, Series C - Focus: Software, Financial Services, Artificial Intelligence 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. ## 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. ## Eyrir Venture Management - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 1 - Stages: Pre-Seed, Series A - Focus: Software, B2B, SaaS Eyrir Venture Management is the venture investment arm of Eyrir Invest, and manages the Eyrir Sprotar venture fund. Eyrir Sprotar focuses on supporting promising ventures for international growth and value creation, investing in seed-stage and early-stage companies. The firm's investment strategy spans all stages of a company´s growth, fromseed capital to funding early-stage companies as well as partaking in international growth.Eyrir Sprotar was founded in 2015 and is based in Reykjavík, Gullbringusysla. ## boldstart ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Information Technology Inception venture capital for Bold Technical Founders Building the Autonomous Enterprise ## Omega Algae - Type: VC Fund - Location: Hveragerði, Arnessysla, Iceland - Relevant deals: 1 - Stages: Seed - Focus: Software, Information Technology 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. ## Two Ravens - Type: VC Fund - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, SaaS Two Ravens focuses on investing in pre-seed and early seed stage technology companies. ## Mesa Ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A - Focus: Mobile, Software, E-Commerce 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. ## Sisu Game Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 1 - Stages: Seed, Series A - Focus: Gaming, Video Games, Software 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. ## 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. ## 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. ## Idlewild Management - Type: VC Fund - Relevant deals: 1 - Focus: SaaS, Software, Marine Technology Idlewild Management is a investment management firm. ## 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. ## 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. ## 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. ## CAA Ventures - Type: VC Fund - Location: Los Angeles, California, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Mobile, Internet, E-Commerce The intersection of culture + commerce. Investing in next wave entrepreneurs. ## 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. ## Keen Venture Partners - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, SaaS, Artificial Intelligence 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 ## 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. ## 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. ## Tennin - Type: VC Fund - Relevant deals: 1 - Stages: Series A Tennin is an early-stage angel investment firm. ## Teya - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Focus: Information Technology, Apps, Sales 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. ## Seed Capital - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Health Care, SaaS 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. ## KOMPAS VC - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, Construction, Sustainability 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. ## MD ONE Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Aerospace, Machine Learning 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. ## Sukna Ventures - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Pre-Seed - Focus: Software, Financial Services, Information Technology Sukna ventures is a venture studio and fund based in Saudi Arabia. ## 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. ## Innoport - Type: VC Fund - Location: Hamburg, Hamburg, Germany - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, SaaS, Logistics 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.