# Top 50 VC (Venture Capital) Funds in Iceland in June 2026 ## New Business Venture Fund - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 27 - Stages: Seed, Series A - Focus: Software, Health Care, Medical 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. ## Frumtak Ventures - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 23 - 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. ## Brunnur Ventures - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 21 - Stages: Seed, Series A - Focus: Software, SaaS, Gaming Brunnur Ventures is a top venture capital firm in Iceland for startups with high-growth potential. ## Crowberry Capital - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 16 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Gaming, Health Care 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. ## byFounders - Type: VC Fund - Location: Copenhagen, Hovedstaden, Denmark - Relevant deals: 5 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Health Care 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. ## Sisu Game Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 5 - Stages: Seed, Series A - Focus: Gaming, Video Games, Software 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. ## Iceland Venture Studio - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 4 - Stages: Seed, Pre-Seed - Focus: Software, Health Care, B2B We help people grow and build decentralized companies ## MGMT Ventures - Type: VC Fund - Relevant deals: 3 - Stages: Pre-Seed - Focus: Gaming, Sports, Seafood MGMT Ventures mission is to support and invest in founders pushing the boundaries of innovation in emerging and future industries. ## Karma Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, FinTech karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe. ## Novator - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 3 - Stages: Series B, Series C - Focus: Software, E-Commerce, Online Games 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. ## Preceptor Capital - Type: VC Fund - Relevant deals: 3 - Stages: Seed, Series A - Focus: FinTech, Computer, Software Preceptor Capital is an investment firm. ## Arion Bank - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 3 - Stages: Debt Financing, Seed, Convertible Note - Focus: Mobile, Rental, Farming Arion bank offers financial services to companies, institutional investors, and individuals. ## Behold Ventures - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Gaming, Sports, eSports Behold Ventures is a venture capital fund supporting early-stage video game startups led by passionate entrepreneurs shaping the future of interactive entertainment. ## Reaktor Ventures - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Internet, Software, E-Commerce Reaktor Ventures has moved to the next phase by focusing its efforts to actively supporting current portfolio companies. This means that the fund has ended its investment period and is not investing into new companies. Between 2013 and 2018 we have invested into 42 different companies and one early stage fund. We will naturally keep makingfollow-up investments to current portfolio companies. ## PROfounders Capital - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Apps We are PROfounders. We are the proactive European early-stage venture fund. ## Index Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Series A, Series B, Seed - Focus: Software, E-Commerce, Internet 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. ## Eyrir Vöxtur - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 2 - Stages: Seed - Focus: Legal, Legal Tech, Document Management 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. ## Chrysalix Venture Capital - Type: VC Fund - Location: Vancouver, British Columbia, Canada - Relevant deals: 2 - Stages: Series B, Series A - Focus: Energy, Manufacturing, CleanTech Leading global venture capital fund that invests in resource intensive industries across North America and Europe. ## Slack Fund - Type: VC Fund - Location: Daly City, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Internet The Slack Fund is a venture capital fund that invests in and collaborates with entrepreneurs creating the next great software companies. ## Possible Ventures - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Biotechnology, Information Technology 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. ## Inventure - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Software, Information Technology, Health Care Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more. ## Shanda Group - Type: VC Fund - Location: Menlo Park, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Artificial Intelligence, Software, Biotechnology 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. ## Silicon Valley Bank - Type: VC Fund - Location: Santa Clara, California, United States - Relevant deals: 2 - Stages: Debt Financing, Series B, Series A - Focus: Software, Health Care, Biotechnology Silicon Valley Bank is the financial partner of the innovation economy; helping individuals and investors in the innovation ecosystem achieve extraordinary outcomes. ## BlueYard Capital - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Biotechnology, Internet BlueYard backs founders building the interconnected elements that can become the fabric of our future. ## Sustainable Food Ventures - Type: VC Fund - Location: Raleigh, North Carolina, United States - Relevant deals: 2 - Stages: Pre-Seed, Seed, Angel - Focus: Food and Beverage, Biotechnology, Food Processing SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant ## Saint-Gobain NOVA - Type: VC Fund - Location: Courbevoie, Ile-de-France, France - Relevant deals: 2 - Stages: Seed, Series B, Series A - Focus: Energy, Software, Information Technology Saint-Gobain NOVA is the ventures arm of Saint‑Gobain. ## Investa - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 2 - Stages: Seed, Angel - Focus: SaaS, Software, Events 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. ## Kvika Asset Management - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 2 - Stages: Series A - Focus: Medical, Health Care, Biotechnology Kvika Asset Management manages a broad range of funds including equity funds, bond funds and mixed funds. ## Tennin - Type: VC Fund - Relevant deals: 2 - Stages: Series A Tennin is an early-stage angel investment firm. ## Ridge Ventures - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series A, Seed, Series B - Focus: Software, Internet, Information Technology Ridge Ventures (formerly IDG Ventures) is an early stage venture capital fund investing in experienced founders redefining how the world uses software. ## Faber - Type: VC Fund - Location: Lisbon, Lisboa, Portugal - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Machine Learning, 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 help foundersbuild global companies powered by AI/data or climate/ocean 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 ## Omega ehf - Type: VC Fund - Relevant deals: 1 - Stages: Series D - Focus: Banking, FinTech, Software Omega ehf is a private investment vehicle that makes investments in private equity and a variety of ventures. ## Sukna Ventures - Type: VC Fund - Location: Riyadh, Ar Riyad, Saudi Arabia - Relevant deals: 1 - Stages: Seed, Series A - Focus: Financial Services, FinTech, Information Technology Sukna ventures is a venture studio and fund based in Saudi Arabia. ## Polaris - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 1 - Stages: Debt Financing - Focus: FinTech, Finance, Payments Polaris is a launchpad for businesses aspiring to accelerate their growth. Polaris offers our partners the opportunity to enhance their value by co-creating financial solutions that leads to additional revenue streams and financial sustainability. ## Keen Venture Partners - Type: VC Fund - Location: Amsterdam, Noord-Holland, The Netherlands - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, SaaS, Artificial Intelligence Keen Venture Partners is a radically human venture capital firm that invests in fast-growing European scale-ups at the Series A and Series B stages ## Headline - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Series A, Series B, Seed - Focus: Software, E-Commerce, Information Technology Headline is a Venture Capital firm actively on the ground in 7 cities around the world. We invest across categories and geographies, leading rounds at every stage. Once we commit to a team, we go to the ends of the earth to make their success global. ## Credo Ventures - Type: VC Fund - Location: Prague, Hlavni mesto Praha, Czech Republic - Relevant deals: 1 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Artificial Intelligence, Information Technology We partner with outstanding technology founders from Central and Eastern Europe to help them realize their global ambitions. ## whynow - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 1 - Stages: Seed - Focus: Apps, Music We bring you the Positive, Powerful and Personal stories from both emerging creatives and established giants in art, fashion, music and entertainment. ## Idlewild Management - Type: VC Fund - Relevant deals: 1 - Focus: SaaS, Software, Marine Technology Idlewild Management is a investment management firm. ## Experian - Type: VC Fund - Location: Dublin, Dublin, Ireland - Relevant deals: 1 - Stages: Corporate Round, Series B, Seed - Focus: FinTech, Financial Services, Finance Experian is a global information services company that provides information, analytical tools, and marketing services to help clients manage their commercial and financial decisions. The company helps organizations manage credit risk, prevent fraud, target marketing offers, and automate decision making. It also enables individuals to check theircredit report and credit score as well as protect against identity theft.The company is listed on the London Stock Exchange (EXPN) and is a constituent of the FTSE 100 index.Experian was co-founded by Michael A Barron and Bernie Brenner in January 1980 and has its corporate headquarters in Dublin, Ireland, with operational headquarters in Nottingham, United Kingdom; California, United States; and São Paulo, Brazil. ## L-Acoustics - Type: VC Fund - Location: Marcoussis, Bretagne, France - Relevant deals: 1 - Stages: Series B - Focus: Audio, Music, Software Welcome to L-Acoustics. We set the benchmark for pro audio sound systems and are always at the cutting-edge of audio technology. ## HackCapital - Type: VC Fund - Location: Lausanne, Vaud, Switzerland - Relevant deals: 1 - Stages: Seed, Pre-Seed, Series A - Focus: Biotechnology, Food and Beverage, Food Processing Join FoodTech focused investors looking to back impact-driven founders shaping our food system ## Export and Investment Fund - Type: VC Fund - Location: Hellerup, Hovedstaden, Denmark - Relevant deals: 1 - Stages: Seed, Series A - Focus: Software, Biotechnology, Information Technology Denmark's Export and Investment Fund (EIFO) serves as a single point of contact for Danish firms seeking risk-tolerant government finance. We aspire to help successful enterprises that can expand the Danish economy and green the world on a daily basis, guided by professionalism and an international perspective. ## Wellington Partners - Type: VC Fund - Location: Munich, Bayern, Germany - Relevant deals: 1 - Stages: Series A, Series B - Focus: Health Care, Biotechnology, Medical Wellington Partners is a venture capital firm that invests in technology and life sciences companies, focusing on Digital Media, Software, Electronics & Photonics, Resource Efficiency, and Biotech/Life Sciences. It is committed to providing outstanding entrepreneurs with the necessary resources to fund their strategies. We typically leadfinancing rounds ranging from € 0.5 million to € 20 million. Depending on the maturity of the company, its own commitment can go as high as € 15 million.Wellington was established in 1998 and has offices in Munich, London, and Zurich. ## Aqua Spark - Type: VC Fund - Location: Utrecht, Utrecht, The Netherlands - Relevant deals: 1 - Stages: Series A, Seed - Focus: Biotechnology, Aquaculture, Seafood Aqua-Spark is an investment fund with a focus on sustainable aquaculture businesses around the world. The small-to-medium enterprises (SMEs) they invest in are working toward the production of safe, accessible aquatic life, such as fish, shellfish and plants, in ways that do not harm their oceans. Their investors value the fact that each investmentaims to create triple impact—specifically, each investment is chosen for its potential to generate significant financial returns while also activating positive environmental and social outcomes.Aqua-Spark believes that committing to a long-term vision is the way to realize effective and lasting impact results. When it comes to investments, they do not seek quick exits; instead, they look for entrepreneurs who strive to build and scale toward the future, who see their business as major economic opportunities that can also help solve looming environmental and food security challenges over the long-term. As an essential of each investee, Aqua-Spark seeks sustainability. ## APX - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: Software, SaaS, Information Technology 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. ## boldstart ventures - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Stages: Seed, Series A, Series B - Focus: Software, SaaS, Information Technology Day one partner for developer first, crypto infra & SaaS founders. ## Shubert Organization - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 1 - Focus: Big Data, Analytics, Enterprise Software Shubert Organization owns, operates, and manages theatres in New York; and Philadelphia, Pennsylvania.The organization also produces plays and musicals in New York City and other parts of the United States; operates a ticketing agency for theatres in New York City; and provides a research repository of theatrical documents and other relateditems. In addition, the company offers a source for various ticketing needs, including box office, telephone, internet, season and subscription, group, and more sales to various segments of the entertainment industry.Shubert Organization was formerly known as Select Theatres Corporation and changed its name to Shubert Organization in 1973.The company was founded in 1900 and is based in New York, United States. It operates as a subsidiary of The Shubert Foundation, Inc. ## Idunn venture fund - Type: VC Fund - Location: Reykjavík, Gullbringusysla, Iceland - Relevant deals: 1 - Stages: Seed - Focus: Pharmaceutical Idunn Venture Fund, a venture capital fund managed by Kvika Asset Management. ## Two Ravens - Type: VC Fund - Relevant deals: 1 Two Ravens focuses on investing in pre-seed and early seed stage technology companies.