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Top 10 Transportation Startup Investors in Iceland in May 2026

A list of 10 angel investors and VC (Venture Capital) funds that invest in Transportation startups based in Iceland. We rank investors based on the number of investments they made in Transportation companies from Iceland. We update this investor list every month.

Top 10 Transportation Startup Investors in Iceland in May 2026

Investor Transportation Iceland investments
Frumtak Ventures 2
Faber 1
Sukna Ventures 1
MD ONE Ventures 1
Innoport 1
Brunnur Ventures 1
Two Ravens 1
Arion Bank 1
Idlewild Management 1
Riverstone Ventures 1

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Investor list
Frumtak Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland

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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Investment focus

  • 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.
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Faber
VC Fund · Lisbon, Lisboa, Portugal

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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Investment focus

  • Software, Artificial Intelligence, SaaS
  • Seed, Pre-Seed, Series A
  • Portugal, United States, United Kingdom

Portfolio highlights

  • Vyoma GmbH — Vyoma ensures satellite safety and real-time mapping of space objects with cameras on satellites paired with automation services.
  • Biographica — Biographica is a computational biology company that develops software tools and platforms to support genomic data analysis, interpretation, and visualization for research and clinical applications. Its solutions are designed to help scientists, clinicians, and bioinformaticians process complex genomic datasets, annotate genetic variants, andexplore biological insights through integrated workflows and interactive visualizations. The company’s platform combines data management, algorithmic analysis, and graphical interfaces to streamline tasks such as sequence alignment, variant calling, functional interpretation, and cohort comparison. Biographica’s tools support interoperability with common bioinformatics formats and pipelines, enabling users to integrate genomic workflows with existing research infrastructure. The company also provides APIs and developer tools to allow custom integration, automation, and extension of analytic capabilities within broader computational environments. Its offerings are used across life sciences research, translational projects, and precision medicine initiatives that require scalable, interpretable genomic data analysis.
  • Luminate Medical — Luminate Medical is developing LILY, the world's first pain-free and portable solution to prevent hair loss caused by chemotherapy.
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Sukna Ventures
VC Fund · Riyadh, Ar Riyad, Saudi Arabia

Sukna ventures is a venture studio and fund based in Saudi Arabia.

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Investment focus

  • Financial Services, FinTech, Payments
  • Seed, Funding Round, Series A
  • Saudi Arabia, United States, United Arab Emirates

Portfolio highlights

  • MoneyHash — Emerging and Global markets first all-in-one flexible payment orchestration and revenue operations platform that covers all of your payment needs. We help you build, optimize, and scale your payment infrastructure at any stage of growth.
  • OCTA — OCTA automates accounts receivable, accounts payable, collections, and reconciliation using AI agents. Trusted by 500+ companies to reduce DSO and accelerate cash flow.
  • InfiniLink — Empowering Hyperscale Datacenters Building Energy-Efficient Ultra-High-Speed Connectivity Solutions
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MD ONE Ventures
VC Fund · London, England, United Kingdom

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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Investment focus

  • Software, Aerospace, Machine Learning
  • Seed, Series A, Pre-Seed
  • United Kingdom, Israel, Iceland

Portfolio highlights

  • Januus — Januus enables cryptocurrency, working to accelerate its adoption by the global financial community. They collects data from around the internet to develop linkages between bitcoin wallets and identities, bridging the blockchain divide.
  • Greenjets — Pioneers of bespoke electric jet engines which are quiet, safe and efficient; accelerating the global transition towards a sustainable aviation industry.
  • 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.
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Innoport
VC Fund · Hamburg, Hamburg, Germany

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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Investment focus

  • Software, SaaS, Logistics
  • Seed, Series A, Funding Round
  • India, Germany, 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.
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Brunnur Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland

Brunnur Ventures is a top venture capital firm in Iceland for startups with high-growth potential.

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Investment focus

  • 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.
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Two Ravens
VC Fund

Two Ravens focuses on investing in pre-seed and early seed stage technology companies.

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Portfolio highlights

  • Senvo — AI-powered parcel audit platform identifies overcharges, service failures, and damage. Automatically recover shipping costs with 100% 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 — AI copilots answer benefits questions instantly. Lower costs without changing carriers. Launch in under 30 days.
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Arion Bank
VC Fund · Reykjavík, Gullbringusysla, Iceland

Arion bank offers financial services to companies, institutional investors, and individuals.

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Investment focus

  • 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.
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Idlewild Management
VC Fund

Idlewild Management is a investment management firm.

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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.
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Riverstone Ventures
VC Fund · Nyack, New York, United States

Riverstone Ventures focuses on early stage climatetech companies.

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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.
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