Startup funding in Iceland, 2026

Iceland, in numbers

4 rounds on record · 4 with a disclosed amount

Rounds by stage

Series A 67%

Seed 33%

Capital by year

€2,000,000

2025

€27,000,000

2026

Share of rounds

Series A

67%

Seed

33%

Source: Sesamers round tracker · full data desk →

Largest rounds tracked

Disclosed rounds only · EUR-converted at desk rates

Company	Round	Sector	Lead	Amount
Treble Iceland	Series A	AI	Paladin Capital Group	€15.7M
Laki Power Iceland	Series A	Climate	NATO Innovation Fund	€6M
50skills Iceland	Undisclosed	Unclassified	Frumtak Ventures, Swiss Post Ventures, Avant, DRD Investments	€5.3M
Euler Iceland	Seed	AI	Frumtak Ventures, Kvanted	€2M

Startups in Iceland

From the directory

5

50skills

Reykjavík-based HR platform combining deterministic workflows, AI agents and human oversight for people operations teams.

€5,300,000 view →

LP

Laki Power Climate · Series A

Laki Power gives grid operators real-time visibility anywhere on their network by combining cameras and sensors on transmission…

Series A · €6,000,000 view →

T

Treble AI · Series A

Treble builds an acoustic intelligence platform combining physics-based sound simulation with spatial audio for digital twins, automotive, smart…

Series A · €15,700,000 view →

Full startup directory →

Who invests here

Funds with a verified round in this hub · most active first

Frumtak Ventures Seed–Series A

Led 2 of 3 rounds tracked in Iceland. Frumtak Ventures is a Reykjavík firm investing in Icelandic and Iceland-linked companies…

view →

DI

DRD Investments

Led 1 of 2 rounds tracked in Iceland.

Ticket undisclosed view →

A

Avant

Led 1 of 2 rounds tracked in Iceland.

Ticket undisclosed view →

Full investor directory →

Next up

The Iceland calendar · 5 tracked

05
Feb UTmessan 2027 Tradeshow · Reykjavik, Iceland · 8000 2 days 27
Apr Iceland Innovation Week 2027 Festival · Reykjavik, Iceland 2 days 25
May Iceland Geothermal Conference 2027 Conference · Reykjavik, Iceland · 600 3 days

Programs in Iceland

Open calls first

Iceland Innovation Week – Fermented Shark Tank 2026 Competition

Ten companies pitch for three minutes each in the semi-finals, held on the Founders in Focus workshop day at Grosku Innovation Center, and the top five advance to the final on 29 April, where a cash prize from KPMG is on offer. Founders who take the optional hakarl (fermented shark) and Brennivin challenge before pitching earn extra seconds on the clock and a secret prize. · None

Closed view →

All programs →

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