VCs and Startup Programs in Iceland (2026)

Upheaval Investments: Upheaval Investments is a seed+ venture fund baised out of Chicago and managed by Riley Florsheim. Upheaval looks for brilliant founders with moonshot ideas and…. Stage: Pre-Seed, Seed +4. Focus: Software, Hardware. Check size: $150 – $2,000,000. Venture Capital Firm. Located in Reykjavik, Iceland, Europe. $500K - $2M available.

David Helgason: Founder, Transition Global. Stage: Seed, Early Stage VC +1. Focus: Climate, Energy +4. Angel Investor. Located in Reykjavik, Iceland, Europe, Middle East.

Investa: We are an investor that supports companies offering products and solutions.. Stage: Seed. Venture Capital Firm. Located in Iceland, Europe.

Frumtak Ventures: Frumtak Ventures is a leading early-stage venture capital fund based in Iceland.. Stage: Seed, Early Stage VC. Check size: $500 – $5,000,000. Venture Capital Firm. Located in Iceland, Europe.

Brunnur Ventures: Startup program. Stage: Pre-Seed, Seed +1. Focus: Anti-Thematic, Sector Agnostic +4. Venture Capital Firm. Located in Iceland, Europe.

Silfurberg: We are an international venture capital firm.. Stage: Early Stage VC, Growth. Focus: Therapeutics, Genomics +40. Venture Capital Firm. Located in Iceland, Europe.

Plug and Play Tech Center - Batch Program: Plug and Play is a seed and early-stage investor focused on great teams leading emerging growth companies. Plug and Play runs 12 industry-specific accelerator…. Stage: Seed, Series A +5. Focus: Enterprise Software, FinTech +83. Accelerator, Venture Capital Firm, Co-working Space, University Program. Located in Sunnyvale, Ann Arbor, USA, UK, Germany, Japan, Canada, France, Israel, Singapore, Spain, Switzerland, Brazil, Italy, The Netherlands, Australia, Indonesia, Sweden, Finland, Morocco, Belgium, India, Poland, Ireland, China, South Korea, Austria, UAE, Denmark, Mexico, Chile, Hong Kong, Turkey, Estonia, Portugal, Norway, New Zealand, Thailand, Latvia, Taiwan, South Africa, Russia, Colombia, Kenya, Czech Republic, Egypt, Nigeria, Ghana, Philippines, Argentina, Uganda, Greece, Iceland, Lithuania, Hungary, Luxembourg, Ukraine, Venezuela, Croatia, Saudi Arabia, Cameroon, Malaysia, Oman, Ecuador, Romania, Malta, Libya, Slovakia, Panama, Bulgaria, Anguilla, Guatemala, Myanmar, Tunisia, Peru, Trinidad and Tobago, Moldova, Cayman Islands, Costa Rica, Pakistan, El Salvador, North America, Europe, Asia, MENA, South America, Oceania, Africa, Worldwide, Emerging Markets, EMEA, Middle East. Apply by Application closed. $50K - $1M available.

European Innovation Council (EIC) - Accelerator Program: EU-backed flagship program with substantial funding. Stage: Grant, Equity +1. Focus: Deep Tech, BioTech +20. Accelerator, Grant. Located in Brussels, Belgium, Austria, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, The Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, UK, Iceland, Liechtenstein, Norway, Turkey, Albania, Bosnia and Herzegovina, North Macedonia, Montenegro, Serbia, Ukraine, Moldova, Armenia, Tunisia, Israel, USA, Europe, MENA, Middle East, Asia, Africa, North America. Apply by Application closed.