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

## Frumtak Ventures
- Type: VC Fund
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 2
- 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.

## Arion Bank
- Type: VC Fund
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 1
- Stages: Debt Financing, Seed, Convertible Note
- Focus: Mobile, Rental, Farming

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

## 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.

## Faber
- Type: VC Fund
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Artificial Intelligence, Software, SaaS

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.

## 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.

## Riverstone Ventures
- Type: VC Fund
- Location: Nyack, New York, United States
- Relevant deals: 1
- Focus: SaaS, Software, Marine Technology

Riverstone Ventures focuses on early stage climatetech 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.

## Brunnur Ventures
- Type: VC Fund
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, SaaS, Gaming

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

## Idlewild Management
- Type: VC Fund
- Relevant deals: 1
- Focus: SaaS, Software, Marine Technology

Idlewild Management is a investment management firm.