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Top 5 Travel VC Funds & Investors in Iceland (September 2026)

The most active venture capital funds investing in Iceland Travel startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Iceland Travel startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Capital A Partners
VC Fund
1 United States, India, Sweden Seed, Series A Software, 3D Printing, 3D Technology $270k–$7M
Frumtak Ventures
VC Fund
1 Iceland, Estonia, United States Seed, Series A Software, Information Technology, SaaS $974k–$20M
State Street Global Advisors
VC Fund
1 United States, India, United Kingdom Venture - Series Unknown, Series A, Series D Financial Services, FinTech, Finance $200k–$64M
Nordic Ignite
VC Fund
1 Norway, Iceland, Sweden Pre-Seed, Angel SaaS, Travel, Content
EasyJet
VC Fund
1 United Kingdom, Germany, Iceland Pre-Seed, Corporate Round Travel, SaaS, Apps
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Capital A Partners
VC Fund · Charleston, South Carolina, United States · 1 investments in Iceland Travel startups

venture capital and private equity for early stage businesses

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Investment focus

  • Industry: Software, 3D Printing, 3D Technology
  • Stage:Seed, Series A
  • Geography: United States, India, Sweden

Investor stats

  • Total investments: 10
  • Round size: Seed $270k–$7M; Series A $750k–$3.5M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Chargeup — Empowering drivers, NBFCs, and OEMs through AI-driven financing and asset management solutions for India's EV ecosystem.
  • OpenRatio — Enterprise Mobile Engagement Platform OpenRatio empowers enterprises to rapidly build context-aware and personalised apps to engage with their employees, clients and partners Our mission is engagement: We empower enterprises to rapidly build context-aware and personalised cross platform mobile apps to engage with their employees, clientsand partners.Why engagement? Because the payoff Is evident. Enterprises improve efficiency, productivity. satisfaction and interaction for employees and customers.By licensing OpenRatio mobile platform enterprises will be:------------------------------------------------------------------------------- 1- Cutting mobile development costs by over 80%2 - Move mobile publishing in-house and leveraging your exciting IT department know-how3 - Start building and deploying applications fast4 - Simplicity: Anyone within the organisation can start building and managing enterprise mobile applications5 - Open platform for partners to build modules and plugins 6 - Bring the consumer mobile experience to your enterprise
  • Svenska Aerogel — Svenska Aerogel develops aerogel materials designed to improve thermal insulation, fire protection and energy efficiency across industries
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Frumtak Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland · 1 investments in Iceland Travel startups

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

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Series A
  • Geography: Iceland, Estonia, United States

Investor stats

  • Total investments: 41
  • Round size: Seed $974k–$4.7M; Series A $1.2M–$20M
  • Lead/follow: 73% lead, 27% follow
  • Last fund: Likely still investing — fund raised in 2024

Portfolio highlights

  • Optise — Optise is the self-improving B2B website platform that automatically ships data-driven improvements every week so you get more leads and customers without becoming a website expert.
  • MyDello — Get instant quotes for all transportation modes. Enter a new era of freight forwarding with the MyDello logistics platform. Sign up for free
  • Euler — Euler is a software company focused on addressing the issue of build-to-build and machine-to-machine variability in metal additive manufacturing (AM).
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State Street Global Advisors
VC Fund · Boston, Massachusetts, United States · 1 investments in Iceland Travel startups, 6 in the past 12 months

For nearly four decades, State Street Global Advisors has been committed to helping their clients, and those who rely on them, achieve financial security. They partner with many of the world’s largest, most sophisticated investors and financial intermediaries to help them reach their goals through a rigorous, research-driven investment processspanning both indexing and active disciplines. With trillions1 in assets, their scale and global reach offer clients unrivaled access to markets, geographies and asset classes, and allow us to deliver thoughtful insights and innovative solutions.State Street Global Advisors is the investment management arm of State Street Corporation.

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Investment focus

  • Industry: Financial Services, FinTech, Finance
  • Stage:Venture - Series Unknown, Series A, Series D
  • Geography: United States, India, United Kingdom

Investor stats

  • Total investments: 23
  • Round size: Series A $200k–$20M; Series D $35M–$64M; Venture - Series Unknown $5M–$20M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • Micruity — Learn more about Micruity and our mission to close the retirement savings gap
  • Coller Capital Limited — Discover Coller Capital's pioneering role in secondaries markets, delivering strong, consistent performance for over 30 years. Explore our solutions today.
  • Groww Asset Management — Groww Mutual Funds offers investors the opportunity to invest in diversified Equity, Debt, Hybrid, and ETF mutual funds. Invest in Growwmf now to build a strong and yielding investment portfolio.
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Nordic Ignite
VC Fund · Oslo, Oslo, Norway · 1 investments in Iceland Travel startups

Dedicated to supporting and investing in innovative startups

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Investment focus

  • Industry: SaaS, Travel, Content
  • Stage:Pre-Seed, Angel
  • Geography: Norway, Iceland, Sweden

Investor stats

  • Total investments: 5
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Sundra — Sundra turns the materials you already have into structured training courses in hours, then delivers them in 70+ languages. Built for HR and L&D teams.
  • Vandre — Vandre - Sustainable workwear lifecycle management
  • Vilje Bionics — 1 in 4 will be affected by a stroke during their lifetime. Many stroke survivors must live with permanently impaired arm and hand function. This significant disability makes them dependent on others for activities in daily life and leads to painful complications such as stiff joints. Vilje Bionics offers the world’s first commercial and mobilerobotic exoskeleton that assists motion in the entire arm. With the help of our smart sensors and unique software, the user controls the movement of the assistive device. The aid is hence not a prosthesis, but an exoskeleton assisting a disabled arm. Our solution transforms dreams into possibilities. We provide a) independence in tasks that require two hands, b) increased energy for hobbies and social activities, c)support of weakened shoulder, without passivizing it, and d) preventing strain injuries and pain due to e.g., contractures and stiff joints.
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EasyJet
VC Fund · Genoa, Liguria, Italy · 1 investments in Iceland Travel startups

easyJet plc is a United Kingdom-based short-haul airline. The Company operates in the short-haul European aviation market.

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Investment focus

  • Industry: Travel, SaaS, Apps
  • Stage:Pre-Seed, Corporate Round
  • Geography: United Kingdom, Germany, Iceland

Investor stats

  • Total investments: 5
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Dohop — Dohop is an award-winning technology provider founded in Iceland with 15 years’ experience in developing innovative solutions in the field of aviation and travel. Its core technology is focused on creating connecting itineraries. Being at the forefront of digital innovation in the field of interline technology, Dohop has developed solutions forforward-thinking airlines, alliances, and airports all around the globe, including easyJet, Transavia, Eurowings, Jetstar Group, Gatwick Airport, and SkyTeam.
  • TapTrip — Get set for more innovation, better tech, and more of what your customers want, for less. Discover our eight modules today powered by the core.
  • FetchyFox AI — FetchyFox AI is the all-in-one digital infrastructure and AI intelligence platform transforming airport operations, commerce, and passenger experiences.Deployed by leading airports, FetchyFox automates processes, unlocks new revenue streams, and delivers actionable real-time insights across every touchpoint. Our AI Operating System acceleratesdigital transformation and empowers airports of any size to operate smarter, more profitably, and with seamless customer satisfaction.Our modular platform includes:- Commercial Ecosystem Management, Yield Managment & Dynamic Pricing: Drive non-aeronautical revenue by digitizing and optimizing concessions, parking, ground transportation, and ride share. Empower stakeholders with real-time data, automated reporting, and actionable AI-driven insights.- Passenger Experience Platform & Digital Marketplace: Create personalized journeys with dynamic menus, smart recommendations, advanced wayfinding, reservations for parking/lounges/accessibility, and frictionless e-commerce—all in one place.- Airport Data Platform (ADP): Unify and activate customer data across digital channels, enabling airports, venues and brands to personalize every experience in real time while remaining fully compliant with global data standards.- Smart Survey & Feedback Automation: Continuously gather, analyze, and act on real-time passenger feedback—no more waiting for quarterly reports.- Merchant Optimization Suite: Equip merchants of all sizes with advanced AI operating solutions to maximize transaction value, conversions, and customer retention, supported by cross-platform analytics and instant insights. Manage locations worldwide at scale.With FetchyFox, airports achieve: 100% increase in productivity 10x faster digital adoption Up to 35% revenue upliftMeasurable gains in passenger satisfaction and operational efficiency.Join the world’s most innovative airports and shape the future of travel with FetchyFox AI.
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Travel VC funding in Iceland at a glance

Stats across 15 deals from 8 investors.

8
investors
in Iceland Travel startups
15
deals
in Iceland Travel startups
$1.8M
median round
in Iceland Travel startups
88%
lead investors
lead at least one round
40%
Grant
most common funding stage

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