Top 10 Transportation VC (Venture Capital) Funds in Iceland in January 2026

Last updated: Jan 2026 A list of 10 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 VC (Venture Capital) Funds in Iceland in January 2026

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

Find investors that fund startups like yours. Automatically.

Our algorithm will find investors that invest in your industry, stage, and geography.

Investor list

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.

Investment focus

Software, Information Technology, Enterprise Software
Seed, Funding Round, Series A
Iceland, United States, United Kingdom

Portfolio highlights

PLAIO — The only AI-assisted decision-making platform developed for pharmaceutical supply chain planning
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.

Riverstone Ventures focuses on early stage climatetech companies.

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.

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

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.

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.

Investment focus

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.

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.

Investment focus

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.

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

Investment focus

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

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.