300+ investors in your industry, stage, and region Get
Any industry
Big Data
Video Games
Clean Energy
Google
Construction
Hospitality
EdTech
Consumer
Artificial Intelligence
Local
Enterprise Software
Platforms
Travel
InsurTech
Oil and Gas
Retail
Social Impact
Cryptocurrency
Film
Payments
Photography
Email
CleanTech
Energy
Marketplace
SaaS
Restaurants
Organic Food
Fitness
Machine Learning
Health Care
Agriculture (AgTech)
Gaming
Facebook
Blockchain
B2B
Social Network
Education
Wellness
Medical Device
Mobile
Sports
Legal
Automotive
eSports
Biotechnology
Software
Renewable Energy
Theatre
Crowdfunding
Recruiting
Web3
Medical
Infrastructure
Beauty
Fashion
Venture Capital
Social
LGBT
Cannabis
Climate
Celebrity
Wine and Spirits
Food and Beverage
Publishing
Life Science
Mobile Apps
Music
Real Estate
Sporting Goods
Art
Digital Media
FinTech
Manufacturing
Finance
Financial Services
Social Media
Franchise
Mobile Advertising
Non Profit
Internet
Android
Biotech
Sustainability
Transportation
Proptech
Impact
Hardware
Enterprise
Community
Media (Entertainment)
Any country
Afghanistan
United Kingdom
Hong Kong
Thailand
United Arab Emirates
Greece
Benin
Croatia
Japan
South Korea
Burkina Faso
Africa
Brazil
Singapore
Oceania
LATAM
Gibraltar
Egypt
Kyrgyzstan
Zambia
Zimbabwe
Sweden
Taiwan
Norway
Tajikistan
Tunisia
Liberia
Malawi
Mexico
Nigeria
Russian Federation
Togo
Haiti
Iran
Nepal
Guinea
Isle of Man
Madagascar
Pakistan
Lesotho
Romania
Puerto Rico
Oman
Poland
Guernsey
Cameroon
Andorra
Colombia
Sudan
Armenia
China
Costa Rica
Czech Republic
Kenya
Kuwait
Marshall Islands
Luxembourg
Malta
Namibia
Mozambique
Mauritius
Nicaragua
Panama
Serbia
Uzbekistan
New Zealand
Australia
Saudi Arabia
Sri Lanka
Jamaica
Switzerland
Guatemala
Kazakhstan
Cayman Islands
Venezuela
Myanmar
Uganda
Turkey
Uruguay
Morocco
Botswana
Moldova
Seychelles
Paraguay
Canada
South Africa
France
Georgia
Denmark
Ghana
Iraq
Latvia
Mali
Malaysia
Philippines
Portugal
Rwanda
Sierra Leone
Senegal
El Salvador
Tanzania
India
Germany
United States
Ireland
Indonesia
Middle East
Bermuda
Dominican Republic
Asia
Albania
Qatar
Spain
Angola
Europe
Cyprus
Argentina
Bangladesh
Barbados
Belgium
Austria
Ethiopia
Jordan
Azerbaijan
Bulgaria
Ecuador
Estonia
Faroe Islands
Jersey
Bahrain
Bahamas
Bolivia
Belize
Algeria
Italy
Finland
Belarus
Hungary
Grenada
Israel
Lithuania
Honduras
Iceland
Cambodia
Liechtenstein
Lebanon
Mongolia
Slovenia
Peru
San Marino
Ukraine
Chile
Vietnam
Angel Investors
VC Funds
All Investors
Download Find emails Save list
Open database

Top 50 VC Funds & Investors in Iceland (September 2026)

The most active venture capital funds investing in Iceland startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Iceland startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
New Business Venture Fund
VC Fund
32 Iceland, United States, China Seed, Venture - Series Unknown Software, Health Care, SaaS $400k–$3.8M
Frumtak Ventures
VC Fund
28 Iceland, Estonia, United States Seed, Series A Software, Information Technology, SaaS $974k–$20M
Brunnur Ventures
VC Fund
23 Iceland, United States, Japan Seed, Series A, Venture - Series Unknown Software, SaaS, Gaming $800k–$16M
Crowberry Capital
VC Fund
19 Iceland, Denmark, Finland Seed, Series A, Pre-Seed Software, Gaming, Health Care $400k–$17M
Sisu Game Ventures
VC Fund
7 Finland, United States, France Seed, Series A, Pre-Seed Gaming, Video Games, Software $112k–$38M
Iceland Venture Studio
VC Fund
6 Iceland, United States, India Seed, Pre-Seed, Angel Software, Health Care, SaaS $500k–$3M
byFounders
VC Fund
5 Denmark, United States, Sweden Seed, Pre-Seed, Series A Software, Artificial Intelligence, Health Care $750k–$65M
Novator
VC Fund
5 United Kingdom, United States, Iceland Series B, Series C, Series A Software, E-Commerce, Online Games $9M–$450M
MGMT Ventures
VC Fund
4 Iceland Pre-Seed, Angel B2B, Gaming, Sports $150k–$750k
Eyrir Vöxtur
VC Fund
4 Iceland Venture - Series Unknown, Seed, Series A Legal, Retail, Sensor $1.8M–$3M
Arion Bank
VC Fund
3 Iceland Debt Financing, Seed, Post-IPO Debt Farming, Seafood, Mobile $15k–$148M
Index Ventures
VC Fund
3 United States, United Kingdom, France Series A, Series B, Seed Software, E-Commerce, Internet $1.5M–$102M
BackingMinds
VC Fund
3 Sweden, Denmark, Finland Seed, Venture - Series Unknown, Pre-Seed Software, SaaS, Energy $826k–$8.2M
Preceptor Capital
VC Fund
3 Iceland, United States Seed, Series A FinTech, Computer, Software $2M–$6.1M
Karma Ventures
VC Fund
3 Estonia, United States, Finland Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $549k–$30M
Tencent
VC Fund
3 China, United States, United Kingdom Series B, Series A, Series C Software, Financial Services, Artificial Intelligence $3M–$418M
Eyrir Venture Management
VC Fund
3 Iceland, United States, Japan Venture - Series Unknown, Pre-Seed, Series A Software, Information Technology, Energy $584k–$17M
Investa
VC Fund
3 Iceland, United States Seed, Angel, Venture - Series Unknown SaaS, Software, Events $1M–$1.6M
Acequia Capital (AceCap)
VC Fund
2 United States, United Kingdom, France Seed, Pre-Seed, Series A Software, Artificial Intelligence, Information Technology $500k–$25M
PROfounders Capital
VC Fund
2 United Kingdom, United States, Finland Seed, Series A, Series B Software, SaaS, Apps $1.3M–$60M
Chrysalix Venture Capital
VC Fund
2 United States, Canada, The Netherlands Series B, Series A Energy, Manufacturing, CleanTech $2M–$24M
Possible Ventures
VC Fund
2 Germany, United States, Australia Seed, Pre-Seed, Series A Software, Information Technology, Biotechnology $586k–$47M
BlueYard Capital
VC Fund
2 United States, Germany, United Kingdom Seed, Series A, Venture - Series Unknown Software, Biotechnology, Blockchain $1.5M–$47M
Silfurberg
VC Fund
2 Iceland Seed, Series A, Series B Biotechnology, Medical, Health Care
Teya
VC Fund
2 Iceland, Turkey, United Kingdom Seed, Venture - Series Unknown, Pre-Seed Software, Financial Services, Information Technology $1.2M–$4M
ABC Ventures
VC Fund
2 India, Iceland Seed, Pre-Seed, Series A Water, Medical, Health Care
Probiocon
VC Fund
2 Iceland Seed Medical, Consulting, Health Care $217k–$400k
Silicon Valley Bank
VC Fund
2 United States, Canada, United Kingdom Debt Financing, Series B, Series A Software, Health Care, Biotechnology $2M–$115M
Shanda Group
VC Fund
2 United States, China, Israel Seed, Series A, Pre-Seed Artificial Intelligence, Software, Health Care $100k–$44M
TM
VC Fund
2 Iceland Corporate Round, Venture - Series Unknown SaaS, Travel, Software
Behold Ventures
VC Fund
2 Sweden, Iceland, Finland Seed, Pre-Seed, Series A Gaming, Sports, eSports $500k–$7M
Reaktor Ventures
VC Fund
2 Finland, Germany, United States Seed, Pre-Seed, Series A Software, Internet, E-Commerce $127k–$6.8M
Slack Fund
VC Fund
2 United States, Canada, United Kingdom Seed, Series A, Series B Software, SaaS, Information Technology $1.7M–$50M
Idunn venture fund
VC Fund
2 Iceland Seed, Venture - Series Unknown Wellness, Education, Health Care
Inventure
VC Fund
2 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Health Care $549k–$25M
Saint-Gobain NOVA
VC Fund
2 United States, Germany, Israel Seed, Series B, Series A Energy, Software, Construction $1.2M–$25M
Nordic Ignite
VC Fund
2 Norway, Iceland, Sweden Pre-Seed, Angel SaaS, Travel, Content
Sustainable Food Ventures
VC Fund
2 United States, India, Germany Pre-Seed, Seed Food and Beverage, Biotechnology, Food Processing $150k–$3.7M
Eyrir Invest
VC Fund
2 Iceland Venture - Series Unknown Fuel, Energy, Big Data $12M–$14M
Kvika Asset Management
VC Fund
2 Iceland Seed, Series A Medical, Health Care, Biotechnology
Tennin
VC Fund
2 Iceland Seed, Series A Software, Consulting
Omega ehf
VC Fund
2 Iceland, United Kingdom Seed, Series A, Series D Software, Banking, FinTech
Omega
VC Fund
2 Iceland Seed Education, Mobile Apps, Online Games $1.4M–$1.4M
APX
VC Fund
1 Germany, United Kingdom, United States Pre-Seed, Seed, Series A Software, SaaS, Information Technology
Makers Fund
VC Fund
1 United States, United Kingdom, Finland Seed, Series A Gaming, Video Games, Online Games
Sequoia Capital
VC Fund
1 United States, China, India Series A, Series B, Series C Software, Information Technology, Artificial Intelligence $5.4M–$180M
Woori Technology Investment
VC Fund
1 South Korea, United States, Italy Series B, Seed, Series A Gaming, Blockchain, Information Technology $6k–$60M
CRIT Ventures
VC Fund
1 South Korea, United States, India Seed, Series B Blockchain, Information Technology, Gaming
Novelis
VC Fund
1 United States, Iceland, United Kingdom Series A, Seed, Series B Information Technology, Manufacturing, Artificial Intelligence
Omega Algae
VC Fund
1 Iceland Seed Software, Virtual Reality, AI Infrastructure
Access all 271 VC funds in Iceland startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!

Investor list

New Business Venture Fund
VC Fund · Reykjavík, Gullbringusysla, Iceland · 32 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Venture - Series Unknown
  • Geography: Iceland, United States, China

Investor stats

  • Total investments: 43
  • Round size: Seed $400k–$2.6M; Venture - Series Unknown $1.2M–$3.8M
  • Lead/follow: 60% lead, 40% follow

Portfolio highlights

  • Sowilo — Sowilo created Catecut, a platform-agnostic technology that leverages artificial intelligence to detect fashion products and design elements in store product photos.
  • 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.
  • Arcana Bio — ArcanaBio is developing realtime biosurveillance solutions that minimize workplace disruptions and support health & wellness
Show all investments...

Frumtak Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland · 28 investments in Iceland 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.

Show more...

Investment focus

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

Investor stats

  • Total investments: 43
  • Round size: Seed $974k–$4.7M; Series A $1.2M–$20M
  • Lead/follow: 70% lead, 30% follow
  • Last fund: Likely still investing — raised $87M 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).
Show all investments...

Brunnur Ventures
VC Fund · Reykjavík, Gullbringusysla, Iceland · 23 investments in Iceland startups

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

Show more...

Investment focus

  • Industry: Software, SaaS, Gaming
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: Iceland, United States, Japan

Investor stats

  • Total investments: 33
  • Round size: Seed $1M–$5.3M; Series A $1.5M–$16M; Venture - Series Unknown $800k–$3M
  • Lead/follow: 67% lead, 33% follow
  • Last fund: May invest from a new fund soon — raised $65M in 2021

Portfolio highlights

  • Axelyf — Building Next-Generation RNA-LNP Therapeutics: experienced drug developers with distinctive technologies - for partners, programs and patients
  • AviLabs — AviLabs specializes in software development in aviation.
  • Ghostlamp — Ghostlamp enables brands and agencies to create on-demand micro influencer campaigns, anywhere in the world via the use of an online self-serve platform.
Show all investments...

Crowberry Capital
VC Fund · Reykjavík, Gullbringusysla, Iceland · 19 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Software, Gaming, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Iceland, Denmark, Finland

Investor stats

  • Total investments: 52
  • Round size: Seed $1.6M–$4.4M; Pre-Seed $400k–$1.3M; Series A $5.7M–$17M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $90M in 2021

Portfolio highlights

  • Quanscient — Quanscient develops multiphysics simulation software utilizing quantum computing algorithms to improve simulation technology. Its Computer Aided Engineering (CAE) platform integrates a unique combination of cloud-native multiphysics solvers, advanced cloud computing, and future quantum integration. The platform also offers engineers over ahundredfold increase in simulation throughput to enable fully digital R&D processes, addressing complex technology challenges in industries like fusion energy, 6G/7G, advanced semiconductors, biomedical, automotive, and aerospace.
  • SNERPA Power — SNERPA Power develops intelligent energy services.
  • Augmented Hearing — Read more about danish audiology scale-up Augmented Hearing, driving the world's most ambitious audiology solutions and innovations.
Show all investments...

Sisu Game Ventures
VC Fund · Helsinki, Southern Finland, Finland · 7 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Gaming, Video Games, Software
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Finland, United States, France

Investor stats

  • Total investments: 59
  • Round size: Seed $576k–$4.6M; Pre-Seed $112k–$1.2M; Series A $6.3M–$38M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $50M in 2021

Portfolio highlights

  • Torpor Games — Experiences that challenge and provoke. Suzerain - a fictional political drama set in the 1950s. How will you rule? Out now for PC, Mobile, Xbox, PS & Switch
  • Kinoa Labs — A real-time, AI-powered platform to engage, retain, and monetize mobile game users - launched and updated live, without waiting on development.
  • Antihero Studios — Games Worth Sharing- by former Brawl Stars, Clash Royale and Candy Crush devs.
Show all investments...

Iceland Venture Studio
VC Fund · Reykjavík, Gullbringusysla, Iceland · 6 investments in Iceland startups

We help people grow and build decentralized companies

Show more...

Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Iceland, United States, India

Investor stats

  • Total investments: 14
  • Round size: Seed $500k–$3M; Pre-Seed $950k–$1M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: May invest from a new fund soon — raised $5M in 2019

Portfolio highlights

  • Soptle — Founded in Sep 2021, Soptle started to establish an integrated technology to the neglected regional FMCG Manufacturers in India with a B2B Retail Commmerce App. It uses tech and data to distribute at scale and use necessary components (existing Distributor/Wholesaler) in the FMCG Supply Chain to build a high growth and profitable business.
  • 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.
  • Expertrons — Expertrons is an upskilling platform that offers advanced training programs | BSFI | HR | Marketing and many more to assure 100% professional success.
Show all investments...

byFounders
VC Fund · Copenhagen, Hovedstaden, Denmark · 5 investments in Iceland startups, 14 in the past 12 months

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.

Show more...

Investment focus

  • Industry: Software, Artificial Intelligence, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Denmark, United States, Sweden

Investor stats

  • Total investments: 131
  • Round size: Seed $1.5M–$9.4M; Pre-Seed $750k–$4.2M; Series A $6.1M–$65M
  • Lead/follow: 50% lead, 50% follow
  • Last fund: May invest from a new fund soon — raised $130M in 2021

Portfolio highlights

  • Visoid — Render your 3D models with ease! Quick and easy rendering software for architects, powered by AI. Try Visoid for free!
  • Spiral Hydrogen — All-in-one, bubble-free centrifugal electrolyzer with an embedded axial flux generator that sets a new standard in efficiency and simplicity.
  • Adaptyv Biosystems — Adaptyv Biosystems developing a protein engineering platform using cell-free synthetic biology and nanofluidics.
Show all investments...

Novator
VC Fund · London, England, United Kingdom · 5 investments in Iceland startups

Novator is an alternative investment firm founded and led by the international investor and entrepreneur Thor Bjorgolfsson.Novator's investment portfolio is focused around following sectors: Telecommunications, Pharmaceuticals, IT and Renewable Energy. In addition, Novator operates a Private Equity Fund and a Credit Opportunities Fund.Novator focuses on developing strong management teams in each of its portfolio companies.  While granting them the autonomy to create value, Novator maintains a supervisory role, principally through representation on the Boards of its investee companies. Novator differentiates itself from many other private equity companies in concentrating on complex situations, either by virtue of their structure or their cross-border nature. To create value, Novator undertakes the restructuring or "de-risking" of investment opportunities through re-financing, combining acquired assets with existing businesses, through sale to strategic or financial buyers, or through flotation. Novator's investment portfolio is focused around four main sectors:Telecommunications, Pharmaceuticals, IT and Renewable Energy.

Show more...

Investment focus

  • Industry: Software, E-Commerce, Online Games
  • Stage:Series B, Series C, Series A
  • Geography: United Kingdom, United States, Iceland

Investor stats

  • Total investments: 64
  • Round size: Series A $9M–$27M; Series B $16M–$125M; Series C $16M–$450M
  • Lead/follow: 39% lead, 61% follow

Portfolio highlights

  • Numan — Convenient care, tailored to you. Offering treatments for weight loss, diagnostics, erectile dysfunction, hair loss, and more.
  • Nord Security — Nord Security is the leader in the field of online privacy and security. Our security tools have earned praise from respected experts and tech outlets.
  • Steel City Interactive — Steel City Interactive develops gaming.
Show all investments...

MGMT Ventures
VC Fund · 4 investments in Iceland startups

MGMT Ventures mission is to support and invest in founders pushing the boundaries of innovation in emerging and future industries.

Show more...

Investment focus

  • Industry: B2B, Gaming, Sports
  • Stage:Pre-Seed, Angel
  • Geography: Iceland

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $150k–$750k
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Loki Foods — We're producing sustainable, plant-based foods from the Arctic. Iceland’s first plant-based cod and seafood!
  • Esports Coaching Academy — Esports Coaching Academy, the leading platform for youth esports training, education, and certification. Our academy offers top-quality courses, exercises, training sessions, and certifications.
  • International Carbon Registry — There is a great need for immediate climate action with tools to mobilize financing for transition to a low-carbon economy and the need grows more urgent by the day. To achieve the goals of the Paris Agreement to limit global warming to 1.5 degrees Celsius, the global community needs to reach net-zero emissions by no later than 2050. The voluntarycarbon market has the potential to significantly accelerate efforts to mitigate climate change and achieve the goals of the Paris Agreement. Investments needed for scaling emerging low-carbon technologies do not meet the risk and return expectations of today’s markets. An effective and adaptable carbon market can facilitate capital flows to these technologies through carbon offsetting mechanisms established on the principles that emerged in initiatives such as Clean Development Mechanism. Carbon credits enable organizations to compensate for emissions by financing the avoidance/reduction of emissions from other sources, or removal of greenhouse gases from the atmosphere and thus contribute to the transition to global net-zero. Carbon credits also support emerging climate technologies and can help scale down costs and introduce these technologies to market earlier by decreasing additional costs against carbon-intensive alternatives. It is thus crucial to identify and support new and expensive technology and to help finance and deploying these solutions now, so that economic development can continue in countries across the world, including those rapidly industrializing today
Show all investments...

Eyrir Vöxtur
VC Fund · Reykjavík, Gullbringusysla, Iceland · 4 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Legal, Retail, Sensor
  • Stage:Venture - Series Unknown, Seed, Series A
  • Geography: Iceland

Investor stats

  • Total investments: 4
  • Round size: Venture - Series Unknown $1.8M–$3M
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Tulipop — The enchanting world of Tulipop, dreamt up by mother of two Signy and brought to market by her best friend Helga, is an original, beautiful and magical children's range unlike any other. Both cuddly and gothic and strongly inspired by forms and colours in nature, the Tulipop world features intriguing characters such as Bubble, a shy and dreamymushroom boy and Gloomy, an adventurous mushroom girl, who loves surprises and cheeky little pranks - challenging gender stereotypes.
  • Laki Power — We supply power grid operators with advanced high-voltage line monitoring stations that enable them to optimise performance, safety and cost.
  • DTE ehf — DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Arion Bank
VC Fund · Reykjavík, Gullbringusysla, Iceland · 3 investments in Iceland startups

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

Show more...

Investment focus

  • Industry: Farming, Seafood, Mobile
  • Stage:Debt Financing, Seed, Post-IPO Debt
  • Geography: Iceland

Investor stats

  • Total investments: 8
  • Round size: Seed $15k–$670k; Debt Financing $84M–$148M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • LAXEY — LAXEY specializes in sustainable land-based aquaculture and the development of fish farming facilities.
  • Kaldvik — Kaldvík is a fishing company specializing in sustainable salmon farming. The company focuses on environmental responsibility, with an emphasis on eco-conscious practices, community engagement, and advanced salmon welfare management. Their operations are free from antibiotics and salmon lice, ensuring high-quality, ethically sourced products.
  • 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.
Show all investments...

Index Ventures
VC Fund · San Francisco, California, United States · 3 investments in Iceland startups

Index Ventures is an international venture capital firm with dual headquarters in San Francisco and London, investing in technology-enabled companies with a focus on e-commerce, fintech, mobility, gaming, infrastructure/AI, and security.

Show more...

Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 1505
  • Round size: Seed $1.5M–$15M; Series A $5M–$35M; Series B $12M–$102M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely actively investing — fresh fund, raised $400M in 2026

Portfolio highlights

  • Anrok — Anrok automates sales tax compliance across your financial stack, so you can grow your SaaS business in any market.
  • OpenX — OpenX has the largest independent ad exchange network for publishers and demand partners, while maintaining the highest quality marketplace standards. Learn more.
  • StorSimple — Learn how to migrate a StorSimple 8100 or 8600 appliance to Azure File Sync.
Show all investments...

BackingMinds
VC Fund · Stockholm, Stockholms Lan, Sweden · 3 investments in Iceland startups

We help great minds unleash their full potential!

Show more...

Investment focus

  • Industry: Software, SaaS, Energy
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Sweden, Denmark, Finland

Investor stats

  • Total investments: 36
  • Round size: Seed $854k–$3.7M; Pre-Seed $826k–$8.2M; Venture - Series Unknown $1.3M–$6.2M
  • Lead/follow: 61% lead, 39% follow
  • Last fund: Likely still investing — raised $52M in 2022

Portfolio highlights

  • Tavion — Critical energy storage infrastructure for a sustainable future.
  • SNERPA Power — SNERPA Power develops intelligent energy services.
  • Helios Innovations — Helios offers on-site industrial waste management of liquid waste. Reduce waste volume by up to 90% without investment.
Show all investments...

Preceptor Capital
VC Fund · 3 investments in Iceland startups

Preceptor Capital is an investment firm.

Show more...

Investment focus

  • Industry: FinTech, Computer, Software
  • Stage:Seed, Series A
  • Geography: Iceland, United States

Investor stats

  • Total investments: 4
  • Round size: Seed $2M–$6.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Anonybit — QQEMAS merupakan situs slot777 rekomendasi penggemar situs slot gacor hari ini yang populer memberikan bonus member baru 100% dan cashback.
  • Lucinity — Money laundering is the crime that fuels crime. Lucinity's mission is to Make Money Good® by combining the best of human and artificial intelligence. Lucinity uses Human AI to help banks fight financial crime more efficiently. By designing its AML platform around man and machine, Lucinity allows banks to increase their AML programs'productivity.Lucinity identifies suspicious activity through its proprietary behavior detection system. The approach is entirely risk-based and allows customers to control their risk exposure before efficiently reviewing AML alerts in the Lucinity Case Manager.The company was founded by industry veterans. The core team has experience from Tier-1 banks, international regulators, and leading legacy vendors. Lucinity takes great pride in being the enterprise-ready AML startup that brings the novelty and excitement of a startup and the professionalism and experience of an incumbent.
Show all investments...

Karma Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Iceland startups

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

Show more...

Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 54
  • Round size: Seed $549k–$4.8M; Series A $3.9M–$17M; Series B $3.1M–$30M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $113M in 2021

Portfolio highlights

  • Mindgard — Mindgard is the leading provider of AI Red Teaming solutions.
  • Leil Storage — ON-PREMISES DISTRIBUTED FILE STORAGE WITH CLOUD-SCALE DENSITY+23% extra FREE capacity and density NOW +23% extra FREE capacity and density NOW +20% lower CO₂ emissions and power costs NOW up to +70% saved energy in the futureFirst distributed filesystem that supports the biggest HDDs on the planet, enabling enterprises with HM-SMR basedstorage.
  • Starship Technologies — The future of delivery - today!
Show all investments...

Tencent
VC Fund · Shenzhen, Guangdong, China · 3 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Series B, Series A, Series C
  • Geography: China, United States, United Kingdom

Investor stats

  • Total investments: 848
  • Round size: Series A $3M–$200M; Series B $15M–$256M; Series C $23M–$418M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Utaite — Utaite is an operator of an entertainment platform that focuses on planning, production, and development of entertainment content.
  • VIPKID — VIPKid is a global education technology company that connects children with the world’s best teachers for real-time online English immersion learning.VIPKid’s mission is to inspire and empower every child for the future. VIPKid envisions a global classroom that empowers students and teachers through personalized learning, connection of culturesacross the world and the passion for lifelong learning. It believes that education is not one-size-fits-all, rather, all students are unique and the world is within their reach when connected with great teachers capable of personalizing learning and sparking curiosity.Founded in 2013 and formally launched in 2014, VIPKid has become China’s market-leading online education startup, attracting investment from Tencent, Coatue Management, Sequoia Capital, Sinovation Ventures, Yunfeng Capital, Matrix Partners, Learn Capital, Northern Light VC and Bryant Stibel, among others. The VIPKid platform currently connects over 500,000 paying students with over 60,000 teachers in the US and Canada.
  • Z.ai — The AI Lab behind GLM models, dedicated to inspiring the development of AGI to benefit humanity. https://t.co/gOw7WpwkJt https://t.co/ot9sGVXU8x
Show all investments...

Eyrir Venture Management
VC Fund · Reykjavík, Gullbringusysla, Iceland · 3 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Software, Information Technology, Energy
  • Stage:Venture - Series Unknown, Pre-Seed, Series A
  • Geography: Iceland, United States, Japan

Investor stats

  • Total investments: 27
  • Round size: Series A $3.4M–$17M; Venture - Series Unknown $584k–$2.9M
  • Lead/follow: 81% lead, 19% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Digiphy — Build QR codes and templated pages to connect directly with customers, capture first-party data, tell your origin story, drive sales, product registration and more.
  • Hedera Dx — With the use of Hedera Dx's liquid biopsy solution, hospital labs will be able to conduct clinically useful liquid biopsies on their own. This will greatly simplify tumor profiling. It is difficult to accomplish IVD compliance, privacy infrastructure, and validation, and even if these challenges are overcome, the current software workflows areinefficient to use and lack key capabilities.Hedera Dx was established on July 1, 2021 in Epalinges, Vaud.
  • Digiphy — Build QR codes and templated pages to connect directly with customers, capture first-party data, tell your origin story, drive sales, product registration and more.
Show all investments...

Investa
VC Fund · Reykjavík, Gullbringusysla, Iceland · 3 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: SaaS, Software, Events
  • Stage:Seed, Angel, Venture - Series Unknown
  • Geography: Iceland, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $1M–$1.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GRID — GRID is the spreadsheet engine for agentic products. Install from npm with a free evaluation license, build with your agent, and license commercially when you ship.
  • Travelade — Find recommendations and local insights from all across the world. Discover hidden gems, book experiences with best price guaranteed, create epic stories.
  • Aldin Dynamics — Aldin creates believable realities designed for presence & immersion.
Show all investments...

Acequia Capital (AceCap)
VC Fund · Seattle, Washington, United States · 2 investments in Iceland startups

We are a leading early-stage investment platform. We are at the center of a global ecosystem that attracts and fuels the technical founders and product teams building the next wave of global businesses.

Show more...

Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 383
  • Round size: Seed $1.1M–$8M; Pre-Seed $500k–$3.3M; Series A $4.9M–$25M
  • Lead/follow: 5% lead, 95% follow
  • Last fund: Likely actively investing — fresh fund, raised $2.9M in 2026

Portfolio highlights

  • Rapidata — Fast and reliable data labeling that powers your AI. Define your label needs now and get the results in minutes.
  • Devplan — Devplan is an AI-powered workspace for product development teams, transforming ideas into execution-ready plans by integrating with tools like GitHub, Linear, Jira, and company docs.
  • Applied Atomics, Inc. — Powering the next 1,000 years of advanced industry with co-located nuclear power plants.
Show all investments...

PROfounders Capital
VC Fund · London, England, United Kingdom · 2 investments in Iceland startups

We are PROfounders. We are the proactive European early-stage venture fund.

Show more...

Investment focus

  • Industry: Software, SaaS, Apps
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Finland

Investor stats

  • Total investments: 94
  • Round size: Seed $1.3M–$7.2M; Series A $3M–$12M; Series B $3.3M–$60M
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — raised $87M in 2023

Portfolio highlights

  • Capalo AI — We maximize the value of your energy storage systems. Now and in the future.
  • Engine Labs — AI powered IDE in the browser. Engine provides a complete solution for full stack development. Complete access to your codebase & infrastructure. Build with words and code.
  • Kinfolk — Resolve 70% of employee requests, run lifecycle programs on autopilot, gain visibility into service delivery and unlock capacity to scale Workforce Ops.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Chrysalix Venture Capital
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Iceland startups

Leading global venture capital fund that invests in resource intensive industries across North America and Europe.

Show more...

Investment focus

  • Industry: Energy, Manufacturing, CleanTech
  • Stage:Series B, Series A
  • Geography: United States, Canada, The Netherlands

Investor stats

  • Total investments: 115
  • Round size: Series A $2M–$16M; Series B $5.4M–$24M
  • Lead/follow: 26% lead, 74% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Luffy AI — Discover Luffy AI's Neuroplastic AI for rapid, adaptive industrial control in robotics, drives, automotive, and more. Enhance system performance and reduce calibration needs. Replace or complement PID loops with Adaptive Control for your Physical AI usecase.
  • Geopyörä Oy — Geopyörä is the state of the art in rock breakage characterization testing and it was developed to allow mining companies to test several samples at low cost for geometallurgical, comminution design and control applications
  • Rithmik Solutions — We increase uptime in mines with advanced analytics that optimize maintenance and extend equipment life.
Show all investments...

Possible Ventures
VC Fund · Munich, Bayern, Germany · 2 investments in Iceland startups, 8 in the past 12 months

Possible Ventures backs ambitious teams building frontier technology to positively impact society. We invest globally in the early stages, actively supporting founders via our collective of global entrepreneurs.

Show more...

Investment focus

  • Industry: Software, Information Technology, Biotechnology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United States, Australia

Investor stats

  • Total investments: 172
  • Round size: Seed $1.5M–$10M; Pre-Seed $586k–$3.5M; Series A $9.7M–$47M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • Mkind — Mkind builds intelligent robots for high-mix manufacturing, developing advanced automation solutions that can adapt to diverse production requirements, improve operational efficiency, and support manufacturers in handling complex, low-volume, and frequently changing product lines.
  • Orbem — Transform biological imaging with AI-powered MRI technology. Non-invasive solutions for poultry, fruits, nuts, and health. Building a sustainable future.
  • Transition Metal Solutions — Transition harnesses wild microbial communities to recover copper and other critical metals from low-grade mining resources.
Show all investments...

BlueYard Capital
VC Fund · Berlin, Berlin, Germany · 2 investments in Iceland startups

BlueYard backs founders building the interconnected elements that can become the fabric of our future.

Show more...

Investment focus

  • Industry: Software, Biotechnology, Blockchain
  • Stage:Seed, Series A, Venture - Series Unknown
  • Geography: United States, Germany, United Kingdom

Investor stats

  • Total investments: 114
  • Round size: Seed $1.5M–$13M; Series A $7M–$47M; Venture - Series Unknown $3.8M–$29M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Rapidata — Fast and reliable data labeling that powers your AI. Define your label needs now and get the results in minutes.
  • Chomp — Chomp is a social network platform that focuses on on question-and-answer with prediction-based systems.
  • Blockspace — Blockspace is an Ethereum infrastructure company operate out-of-protocol transaction pipelines.
Show all investments...

Silfurberg
VC Fund · Reykjavík, Gullbringusysla, Iceland · 2 investments in Iceland startups

Silfurberg is an international venture capital firm that invests in early-stage health care, biotech, and other life science companies. The firm follows up its investments as an active participant in the company and aims all the time to add value to its investments whenever possible. Silfurberg was founded in 2002 and is based in Reykjavík,Iceland.

Show more...

Investment focus

  • Industry: Biotechnology, Medical, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Iceland

Investor stats

  • Total investments: 4
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Axelyf — Building Next-Generation RNA-LNP Therapeutics: experienced drug developers with distinctive technologies - for partners, programs and patients
  • Oculis — Experience the Future of Eye Care: Oculis, a Clinical Biopharmaceutical Innovator, Pioneering Breakthrough Treatments for Ophthalmic Diseases & Transforming Lives Globally.
Show all investments...

Teya
VC Fund · London, England, United Kingdom · 2 investments in Iceland startups

Teya is an all-in-one solution for small and growing businesses. From payments, to loyalty, to the cash advance merchants use to give their shops that facelift – Teya has helped over 300,000 business owners to connect with the joy of running their business.

Show more...

Investment focus

  • Industry: Software, Financial Services, Information Technology
  • Stage:Seed, Venture - Series Unknown, Pre-Seed
  • Geography: Iceland, Turkey, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $1.2M–$3.8M; Venture - Series Unknown $3M–$4M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Odeal — Oedeal is a developer of an app designed for companies to take payments via mobile. With the help of the company's platform, shops can do away with cash registers and accept payments from customers using tablets, smartphones, or point-of-sale devices, allowing them to finish their purchases right away. Making it simpler for all entrepreneursto access financial services is central to their mission of boosting the competitiveness of both enterprises and the nation.
  • Fanbase — Fan engagement software built for the business of sport. Launch digital ticketing, memberships, hospitality packages in a matter of hours.
  • Flow — Flow is FinTech 3.0: It let's you automate payments between your bank accounts and wallets. Based on triggers and actions you can transfer your money automatically to the accounts you choose. Use Flow to automate a budgetting system, your investing, buying crypto or to distribute your money the way you like it. Where the previous generationpayment companies needed to build and maintain expensive payment rails, Flow focusses on leveraging Open Banking. People trust Flow to help with their cashflow automation.
Show all investments...

ABC Ventures
VC Fund · 2 investments in Iceland startups

ABC Ventures operates as an investment firm.

Show more...

Investment focus

  • Industry: Water, Medical, Health Care
  • Stage:Seed, Pre-Seed, Series A
  • Geography: India, Iceland

Investor stats

  • Total investments: 3
  • Lead/follow: 67% lead, 33% follow

Portfolio highlights

  • Polka Pop — Polka Pop is India's first brand to serve naturally flavored sparkling water with zero calories and no added sugar. Supporting a sustainable lifestyle choice, this healthy drink is available in four flavors, i.e. lemon-lime, orange, peach, and cranberry. The fizz makes this the best mix for cocktails and mocktails.
  • EpiEndo Pharmaceuticals — Welcome to EpiEndo Pharma | Developing epithelial barrier enhancing drugs to treat chronic respiratory diseases
Show all investments...

Probiocon
VC Fund · 2 investments in Iceland startups

Probiocon is a consulting company offering comprehensive services for pharmaceutical and biotechnological companies. We give advice and support for all kind of corporate development activities (services) needed for biotech and pharma companies, including but not limited to Corporate Financing, Licensing & Partnering, Merger & Acquisition,and Corporate Organisation.Their vision is to provide optimized and cost-effective solutions to the special needs of companies developing biopharmaceutical compounds.

Show more...

Investment focus

  • Industry: Medical, Consulting, Health Care
  • Stage:Seed
  • Geography: Iceland

Investor stats

  • Total investments: 2
  • Round size: Seed $217k–$400k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 3Z Pharmaceuticals — 3Z Pharmaceuticals provides research services intended to provide drug development services. It offers drug screening on sleep and epilepsy assays that helps in the development of drugs used to treat neurological disorders, enabling patients to get multiple drug efficacy and toxicity assays.Karl Karlsson and Haraldur Thorsteinsson founded 3ZPharmaceuticals in 2008. It based their company on their research on the sleeping patterns of the zebrafish at the Reykjavik University Neurolab in 2006.
Show all investments...

Silicon Valley Bank
VC Fund · Santa Clara, California, United States · 2 investments in Iceland startups

Silicon Valley Bank is the financial partner of the innovation economy; helping individuals and investors in the innovation ecosystem achieve extraordinary outcomes.

Show more...

Investment focus

  • Industry: Software, Health Care, Biotechnology
  • Stage:Debt Financing, Series B, Series A
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 708
  • Round size: Series A $5M–$27M; Series B $6.5M–$45M; Debt Financing $2M–$115M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — last raise in 2016

Portfolio highlights

  • Zogenix — Therapeutic Solutions for CNS Disorders and Rare Diseases
  • Pharming Group —
  • Oxford BioTherapeutics — At Oxford BioTherapeutics, we are dedicated to pioneering the next generation of oncology treatments through targeted therapies, including Antibody-Drug Conjugates (ADC), Immuno-oncology, T-Cell Engagers (TCE), and radiopharmaceuticals.
Show all investments...

Shanda Group
VC Fund · Menlo Park, California, United States · 2 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, China, Israel

Investor stats

  • Total investments: 42
  • Round size: Seed $839k–$11M; Pre-Seed $100k–$750k; Series A $5.6M–$44M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • MiroFish — The World's First Open-Source Swarm Agent Prediction System. Web: https://t.co/F7gQDy0yXO Github: https://t.co/9MhcLAIs7N Discord: https://t.co/wCnMAT2I8f IG: @mirofish_ai
  • Buildroid — Autonomous steel factories. A new Steel Robotics experience is on the way.
  • Trener Robotics — Trener Robotics develops AI software that enables industrial robots to operate autonomously, adapt to variability, and deploy faster in manufacturing.
Show all investments...

TM
VC Fund · Reykjavík, Gullbringusysla, Iceland · 2 investments in Iceland startups

TM is a company that provides all insurance and damage related services through call, online chats & emails.

Show more...

Investment focus

  • Industry: SaaS, Travel, Software
  • Stage:Corporate Round, Venture - Series Unknown
  • Geography: Iceland

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Genis — Genis is pioneering the development and application of therapeutic chitin derivatives.
  • Kaptio — Kaptio develops a travel reservation platform to bring digital transformation to tour operators. They provide reservation technology and incorporate marketing, operations, and finance into one central system for travel operators, along with providing travel-specific consultancy services, technical architecture, delivery, and implementation. Theyenable travel businesses to customer relationship management processes.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Behold Ventures
VC Fund · 2 investments in Iceland startups

Behold Ventures is a venture capital fund supporting early-stage video game startups led by passionate entrepreneurs shaping the future of interactive entertainment.

Show more...

Investment focus

  • Industry: Gaming, Sports, eSports
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Sweden, Iceland, Finland

Investor stats

  • Total investments: 12
  • Round size: Seed $2.1M–$7M; Pre-Seed $500k–$750k
  • Lead/follow: 67% lead, 33% follow
  • Last fund: Likely still investing — raised $26M in 2022

Portfolio highlights

  • Honig Games — Honig Games is a mobile gaming company that builds and distributes high-quality games designed to be shared and experienced together. The company uses a multi-platform distribution approach to reduce reliance on any single app store for user acquisition. It incorporates AI-first development strategies to scale game production efficiently andsustainably. The studio focuses on creating mobile-first games that encourage community sharing and viral engagement.
  • Seven Stars — De perfecte match in IT. Die maken wij. Als IT-flex regisseur en specialist in IT-bemiddeling verbinden we professionals met de beste IT-opdrachten. Snel, soepel en zonder gedoe. We make IT spark.
  • Seven Stars — Seven Stars is a startup for creating captivating mobile games with a talented, diverse team.
Show all investments...

Reaktor Ventures
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Iceland startups

Reaktor Ventures they invest in seed stage companies and helps them to create markets.

Show more...

Investment focus

  • Industry: Software, Internet, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Finland, Germany, United States

Investor stats

  • Total investments: 60
  • Round size: Seed $127k–$2.1M; Pre-Seed $158k–$1.8M; Series A $1.7M–$6.8M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Valpas — Valpas is the hygiene protocol that reassures your future guests and keeps your hotel clean from the most uncontrollable: bed bugs
  • allies.digital — Allies is a match-making platform curating businesses with IT-, digital and creative agencies. No more miss-matches when buying IT & creative services.
  • StarBerry Games — StarBerry Games GmbH is a mobile games company based in Berlin, Germany. The company develops free-to-play casual mobile games and is best known for its games Merge Mayor and Idle Coffee Corp.
Show all investments...

Slack Fund
VC Fund · Daly City, California, United States · 2 investments in Iceland startups

The Slack Fund is a venture capital fund that invests in and collaborates with entrepreneurs creating the next great software companies.

Show more...

Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 114
  • Round size: Seed $1.7M–$5.6M; Series A $8M–$30M; Series B $9.8M–$50M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Knapsack — Knapsack unites your design and product teams around a shared design system: a central source of truth. A design system platform serving designers and developers.
  • WorkMade — A smarter banking solution for freelancers: Automatically calculates, prepares, pays taxes, discovers write-offs, and gets you paid fast.
  • Ensemble AI — Ensemble introduces Dark Matter, a net-new ML algorithm that creates richer representations of your data to make any model, in any domain, perform better.
Show all investments...

Idunn venture fund
VC Fund · Reykjavík, Gullbringusysla, Iceland · 2 investments in Iceland startups

Idunn Venture Fund, a venture capital fund managed by Kvika Asset Management.

Show more...

Investment focus

  • Industry: Wellness, Education, Health Care
  • Stage:Seed, Venture - Series Unknown
  • Geography: Iceland

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

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.
  • Kara Connect — Kara Connect is the easiest and most powerful way to get employees access to the support they need, when they need it.
Show all investments...

Inventure
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Iceland startups

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

Show more...

Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 178
  • Round size: Seed $549k–$6M; Series A $1.3M–$17M; Series B $1.3M–$25M
  • Lead/follow: 47% lead, 53% follow
  • Last fund: Likely still investing — raised $140M in 2022

Portfolio highlights

  • Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
  • UpCloud — World's fastest cloud servers with a 100% uptime SLA! Sign up for a free trial today.
  • Algorithmiq — Algorithmiq utilizes its expertise in quantum information, complex systems, and computational physics to develop algorithms to develop new and effective drugs, solve problems in life sciences, and discover new materials.
Show all investments...

Saint-Gobain NOVA
VC Fund · Courbevoie, Ile-de-France, France · 2 investments in Iceland startups

Saint-Gobain NOVA is the ventures arm of Saint‑Gobain.

Show more...

Investment focus

  • Industry: Energy, Software, Construction
  • Stage:Seed, Series B, Series A
  • Geography: United States, Germany, Israel

Investor stats

  • Total investments: 25
  • Round size: Seed $1.2M–$7M; Series A $3M–$12M; Series B $4.2M–$25M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • LIGHTYX — LightYX has developed BeamerOne‏‏™, a robotic system that utilizes a precise laser to project any 2D/3D digital plan onto construction surfaces, whether they are flat or curved. This innovation allows construction workers to view the blueprint, accurately scaled, directly on the work surface. This capability enables them to quickly comprehendthe necessary actions with minimal errors.Additionally, the BeamerOne‏‏™ by LightYX facilitates the identification of inconsistencies between the digital plan and the actual construction ("as built") through a mobile app. Workers can effortlessly align the projected plans with the "as built" conditions. Once the adjustments are complete, the worker can save the updated drawing and seek approval from architects or share it with other stakeholders involved in the project.By offering this solution, LightYX ensures that construction workers can accurately implement 2D and 3D plans right from the start, while providing managers with the ability to continually monitor the progress of the layout implementation process.
  • Solar Materials — Solar Materials primarily engages in the development of technologies for the sustainable and economical recycling of solar modules.
  • Noble Gas Systems — Noble Gas manufactures high pressure, safe, light-weight, conformable gas storage and delivery for all compressed gasses, including nitrogen, air, oxygen, hydrogen and natural gas.
Show all investments...

Nordic Ignite
VC Fund · Oslo, Oslo, Norway · 2 investments in Iceland startups

Dedicated to supporting and investing in innovative startups

Show more...

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.
Show all investments...

Sustainable Food Ventures
VC Fund · Raleigh, North Carolina, United States · 2 investments in Iceland startups

SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant

Show more...

Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Pre-Seed, Seed
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 43
  • Round size: Seed $934k–$3.7M; Pre-Seed $150k–$2M
  • Lead/follow: 9% lead, 91% follow
  • Last fund: Likely still investing — raised $105k in 2023

Portfolio highlights

  • Propel Foods — Startup that creates plant-based and hybrid protein through technology.
  • Peruvian Veef — Peruvian Veef is an offline and online store that offers real burgers, grilled seitan, crispy cravings, and vegan nugget products.
  • Atlantic Fish Company — Atlantic Fish Co is a cultivated seafood company using cellular agriculture to bring the world sustainable delicious seafood.
Show all investments...

Eyrir Invest
VC Fund · Reykjavík, Gullbringusysla, Iceland · 2 investments in Iceland startups

Eyrir Invest is an international investment company that focuses on investments in industrial companies that have the potential to become true global leaders.

Show more...

Investment focus

  • Industry: Fuel, Energy, Big Data
  • Stage:Venture - Series Unknown
  • Geography: Iceland

Investor stats

  • Total investments: 2
  • Round size: Venture - Series Unknown $12M–$14M
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Activity Stream — Activity Stream is a marketing platform made exclusively for the event industry.
  • Carbon Recycling International — Carbon Recycling International (CRI) is the world leader in CO2 to methanol technology. We produce renewable e-methanol from carbon dioxide (CO2), hydrogen (H2), and electricity for energy storage, fuel and chemical applications, efficiency enhancement and carbon emission reduction.
Show all investments...

Kvika Asset Management
VC Fund · Reykjavík, Gullbringusysla, Iceland · 2 investments in Iceland startups

Kvika Asset Management manages a broad range of funds including equity funds, bond funds and mixed funds.

Show more...

Investment focus

  • Industry: Medical, Health Care, Biotechnology
  • Stage:Seed, Series A
  • Geography: Iceland

Investor stats

  • Total investments: 2
  • Lead/follow: 100% lead, 0% follow

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.
  • EpiEndo Pharmaceuticals — Welcome to EpiEndo Pharma | Developing epithelial barrier enhancing drugs to treat chronic respiratory diseases
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Tennin
VC Fund · 2 investments in Iceland startups

Tennin is an early-stage angel investment firm.

Show more...

Investment focus

  • Industry: Software, Consulting
  • Stage:Seed, Series A
  • Geography: Iceland

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Alda — Culture made actionable: track, train, and transform workplace culture with Alda's all-in-one platform!
  • Smitten — Smitten is the future of online dating, where people actually have fun being single.
Show all investments...

Omega ehf
VC Fund · 2 investments in Iceland startups

Omega ehf is a private investment vehicle that makes investments in private equity and a variety of ventures.

Show more...

Investment focus

  • Industry: Software, Banking, FinTech
  • Stage:Seed, Series A, Series D
  • Geography: Iceland, United Kingdom

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Axelyf — Building Next-Generation RNA-LNP Therapeutics: experienced drug developers with distinctive technologies - for partners, programs and patients
  • Meniga — Meniga helps banks use data to drive Digital Engagement, build Customer Loyalty & increase Revenue.
  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
Show all investments...

Omega
VC Fund · 2 investments in Iceland startups

Omega operates as an investment firm.

Show more...

Investment focus

  • Industry: Education, Mobile Apps, Online Games
  • Stage:Seed
  • Geography: Iceland

Investor stats

  • Total investments: 2
  • Round size: Seed $1.4M–$1.4M
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Evolytes — Evolytes is an educational platform that teaches children mathematics faster and more effectively through a mobile game.
  • dala.care — Here for you - improving home care one visit at a time
Show all investments...

APX
VC Fund · Berlin, Berlin, Germany · 1 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Germany, United Kingdom, United States

Investor stats

  • Total investments: 177
  • Lead/follow: no public data

Portfolio highlights

  • Bloom — Bloom is creating the social layer for modern finance, transforming your performance into social content that others can discover, replicate, and learn from.
  • DC Connected — Mobility Enhancement Platform
  • Synergi — Synergi app features smart charging, smart climate, solar charging, and more to help you use electricity when it's cheap and good for the planet. Start saving and earning with smart electricity use!
Show all investments...

Makers Fund
VC Fund · 1 investments in Iceland startups

Makers Fund is a global interactive entertainment venture capital firm focused on early stage investments. The team supports founders through an extensive network and deep experience in the industry.

Show more...

Investment focus

  • Industry: Gaming, Video Games, Online Games
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, Finland

Investor stats

  • Total investments: 116
  • Lead/follow: no public data

Portfolio highlights

  • Modrinth — Rinth's goal is to provide creators with an easy to use and functional platform where their work can be experienced, downloaded, and shared by gamers worldwide. We aim to turn the hobby of modding games to a stable career.
  • Klang Games — Klang Games is an entertainment & game development studio in Berlin, developing the MMO Simulation and Virtual World, Seed. Klang is always hiring!
  • Neon Koi — Savage Game Studios is a dynamite team with expertise across all operational functions from art to tech and gameplay.
Show all investments...

Sequoia Capital
VC Fund · Menlo Park, California, United States · 1 investments in Iceland startups

We help the daring build We help the daring build legendary companies from idea to IPO and beyond. companies.

Show more...

Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Series C
  • Geography: United States, China, India

Investor stats

  • Total investments: 1594
  • Round size: Series A $5.4M–$40M; Series B $10M–$100M; Series C $10M–$180M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — raised $65M in 2018

Portfolio highlights

  • RobCo — Easily automate the repetitive tasks in your production facility with modular industrial robots from RobCo.
  • Rillet — Rillet automates majority of month-end close and offers powerful GAAP and SaaS reporting. The software has built-in revenue recognition, invoicing, and AI-powered accounting.
  • Nevis — Nevis is the world's first AI-powered platform designed specifically for wealth management. It automates operational tasks that consume as much as 80% of a financial advisor's day, such as meeting preparation, document management, opening custodian accounts, and client onboarding. This allows advisors to focus more on deliveringpersonalized client service and growing their businesses.
Show all investments...

Woori Technology Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Iceland startups

Woori Technology Investment Co., Ltd. is a venture capital firm focusing on venture capital.

Show more...

Investment focus

  • Industry: Gaming, Blockchain, Information Technology
  • Stage:Series B, Seed, Series A
  • Geography: South Korea, United States, Italy

Investor stats

  • Total investments: 22
  • Round size: Seed $743k–$8M; Series A $1.5M–$30M; Series B $6k–$60M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • BaseVol — Options Layer @base powered by 0DTE + AI Agents Base Batches 001 Winner | Backed by @neoclassiccap @virtuals_vc @altosvc & @base Grantee
  • DeepSales — DeepSales is an AI BDR service that finds, qualifies, and engages high-intent B2B buyers end-to-end. It ingests multi-source company and contact data, builds ICP segments, and scores prospects with explainable signals. The platform enriches records, deduplicates entries, and prioritizes accounts, then runs personalized, multi-channel outreachsequences across email, LinkedIn, and phone. Messages are tailored by role, industry, and intent; human-in-the-loop review ensures brand and compliance quality. Meetings are scheduled directly to your calendar with clear ownership hand-offs to sales. Real-time dashboards track pipeline lift, reply and meeting rates, CAC payback, and revenue contribution. DeepSales integrates with your existing stack(CRM, marketing automation, data warehouses) and supports enterprise controls including audit logs, SSO, role permissions, and GDPR/PIPA-aligned data handling. Typical outcomes include faster pipeline generation, higher conversion at the first-meeting stage, and lower manual prospecting time, enabling small teams to sell more with less effort.
  • Last Energy — Last Energy develops and delivers micro modular nuclear power plants designed to provide decarbonized, reliable energy through a full-service delivery model that spans design, construction, and operations. The company offers factory-produced modular plants, like its 20 MWe PWR-20 units, that can be deployed rapidly to serve energy-intensiveindustrial customers and utilities with baseload electricity and heat. Its services include long-term power purchase agreements that eliminate upfront capital for customers while enabling flexible siting and minimal resource requirements. Last Energy’s solutions support both behind-the-meter applications for industries and grid-scale energy projects for broader power delivery. The company integrates established reactor technology with its delivery process to help clients access consistent, carbon-free energy.
Show all investments...

CRIT Ventures
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Iceland startups

The Road Not Taken

Show more...

Investment focus

  • Industry: Blockchain, Information Technology, Gaming
  • Stage:Seed, Series B
  • Geography: South Korea, United States, India

Investor stats

  • Total investments: 81
  • Lead/follow: no public data

Portfolio highlights

  • Above Tech — Above Tech is focused on the MCU-centric non-memory semiconductor market, developing innovative solutions and components that enhance performance, power efficiency, and integration for a wide range of embedded and IoT applications.
  • Doppler Finance — Doppler Finance is a yield-earning platform that unlock earning opportunities within the XRPL ecosystem
  • Supervillain Labs — Supervillain Labs is a gaming studio that specializes in Web3 gaming innovation to develop socially interactive gaming experiences.
Show all investments...

Novelis
VC Fund · Atlanta, Georgia, United States · 1 investments in Iceland startups

Discover Novelis, the world leader in aluminum rolling and recycling. Learn how our innovative solutions and sustainability initiatives drive the future of lightweight, durable, and recyclable aluminum for industries worldwide.

Show more...

Investment focus

  • Industry: Information Technology, Manufacturing, Artificial Intelligence
  • Stage:Series A, Seed, Series B
  • Geography: United States, Iceland, United Kingdom

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Sortera Technologies — Sortera Alloys manufactures low-cost, high-quality metal alloys for domestic manufacturing using its artificial intelligence technology.
  • Multiscale Technologies — Multiscale Technologies developed an AI platform that accelerates R&D and the discovery of new materials by 100X. The platform digitizes all forms of data (tabular, pdf, simulations etc.) and uses its own unique knowledge fusion platform to connect experiments, simulations, and materials domain expertise to provide predictive analyses andrecommendations for any manufacturing company that does R&D for new materials in their current/future products.
  • DTE ehf — DTE introduces breakthrough real-time process control analytics for metals production and processing towards Industry 4.0, through our robotic hardware and software solutions, automating current manual sampling processes for improved quality, cost, efficiency and safety.
Show all investments...

Omega Algae
VC Fund · Hveragerði, Arnessysla, Iceland · 1 investments in Iceland startups

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.

Show more...

Investment focus

  • Industry: Software, Virtual Reality, AI Infrastructure
  • Stage:Seed
  • Geography: Iceland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Treble — We develop next generation sound simulation and spatial audio technology for digital twins and virtual worlds.
Show all investments...

VC funding in Iceland at a glance

Stats across 454 deals from 271 investors.

271
investors
in Iceland startups
454
deals
in Iceland startups
$706k
median round
in Iceland startups
49%
lead investors
lead at least one round
40%
Grant
most common funding stage

Access all 271 VC funds in Iceland startups.

Open List

FAQ

Is Shizune data fresh/accurate?

Shizune has monitored hundreds of funding sources since 2020.

Our investor database is updated every day, so investor data is always fresh.

All metrics are calculated from confirmed public rounds, so the data is accurate.

Can I download investor list?

To download the VC Funds in Iceland investor list, create a Shizune account. This investor list will be added to your saved investors and available for download in the export section.

You can also enrich the investor list with investor emails, phones, LinkedIns, and other contact data.

Can I access investor database?

To access all 271 VC funds investing in Iceland startups and 48,091+ more investors, create a Shizune account.

Shizune has a database of 48,091 investors. Our investor database is fresh and updated daily.

The Shizune investor database has information on investor investment focus, investor contact data, and full investor portfolio since 2020.

You can enrich with email and download the data.

Does Shizune have investor emails and contacts?

Shizune enriches investors with contact data that includes: email, phones, LinkedIn, socials, website, and others.

To guarantee the highest discovery rate, we search across 20+ contact search tools.

To maximize delivery rate and reduce bounce rate, we validate emails.

You can enrich your investor list with Shizune. Download it too.

What is Shizune?

Shizune is a 48,091 investor database updated daily.

With Shizune you can:

  • browse the database
  • use smart matching
  • enrich with emails
  • download

All you need to find investors for your startup.

Who is Shizune for?

Shizune is built for startup founders by startup founders.

If you are looking for funding for your startup, try the Shizune database — we have investors for every stage, industry, and country.

Is Shizune free?

Shizune is free forever. You can search and browse investors for free.

Email search and export are paid features.

For full info, visit our pricing.

Who built Shizune?

Shizune is built by founders with the goal of helping all founders raise funding no matter where they are.

Contact 100 investors today

Find who invests in your industry, stage, and country. Download investor list with emails in 5 minutes.

Find investors — It's Free!

More investor lists