# Laki Power funding: rounds and investors > Laki Power has raised $9.9M across 2 rounds since 2023. Investors include NATO Innovation Fund (NIF), EISMEA and EASME - EU Executive Agency for SMEs. Source: https://millionrounds.com/company/laki-power (Millionrounds; every figure on the page links to its filing or article) Iceland · [Series A startup](https://millionrounds.com/companies) # Who invested in *Laki Power* 2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it. Cleantech Cybersecurity Energy Telecoms Raised 1 month ago Funding summary Updated 26 Oct 2026 **$9.9M** raised across 2 rounds since 2023, from 2 sources **$3.0M** Venture **$6.9M** Series A - **Latest round:** Series A, $6.9M Sept 2026 - **Led by:** NATO Innovation Fund (NIF) - **Step-up i:** 2.3× - **Investors:** 5 (1 led) See who backed them ## The funding story Each circle is a round, placed by date and sized by amount. The line above is the running total. 2024 2025 2026 **$3.0M** Venture **$6.9M** Series A - **First round:** Venture, $3.0M - **Biggest round:** $6.9M - **Between rounds:** 3.2 years ## The rounds - **Sept 2026** Series A **$6.9M** *2 new* [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) Lead [ReykVC](https://millionrounds.com/fund/reykvc) Reported by NATO Innovation Fund (NIF) - **Aug 2023** Venture **$3.0M** *3 new* [EISMEA](https://millionrounds.com/fund/eismea) [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) [Horizon 2020](https://millionrounds.com/fund/horizon-2020) Source recorded ## Founders and team From Laki Power's own website: 1 founder, 10 on the team. **Óskar Valtýsson** Founder / CTO - **Ósvaldur Knudsen** Chief Executive Officer - **Angeline Stuma** Head of Sales - **Björn Sighvatsson** Head of Manufacturing - **Einar Pétursson** Head Engineer - **Guðjón Vilhjálmsson** Head of Software - **Haukur Hauksson** Head of Marketing - **Inga Stefánsdóttir** Head of Analytics - **Marta Hermannsdóttir** Chairwoman - **Rikki Ríkarðsson** Board Member - **Árni Blöndal** Board Member ## Who was in which round The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led. **Venture** 2023 **Series A** 2026 [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) L [EISMEA](https://millionrounds.com/fund/eismea) [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) [Horizon 2020](https://millionrounds.com/fund/horizon-2020) [ReykVC](https://millionrounds.com/fund/reykvc) ## Everyone who backed them [NATO Innovation Fund (NIF)](https://millionrounds.com/fund/nato-innovation-fund) VC firm **1** round, led 1 [EISMEA](https://millionrounds.com/fund/eismea) Investment firm **1** round [EASME - EU Executive Agency for SMEs](https://millionrounds.com/fund/easme-eu-executi) Government **1** round [Horizon 2020](https://millionrounds.com/fund/horizon-2020) VC firm **1** round [ReykVC](https://millionrounds.com/fund/reykvc) VC firm **1** round Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=laki-power). ## Also claim to have backed them This firm lists Laki Power as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above. [Brunnur Ventures](https://millionrounds.com/fund/brunnur-ventures) VC firm Per its own site ## Quick answers about Laki Power ### Who invested in Laki Power? Laki Power's investors include NATO Innovation Fund (NIF), EISMEA, EASME - EU Executive Agency for SMEs, Horizon 2020 and ReykVC. NATO Innovation Fund (NIF) led its latest round. ### How much has Laki Power raised? Laki Power has raised $9.9M across 2 rounds since 2023. ### When did Laki Power last raise? Laki Power's most recent round was a Series A of $6.9M in Sept 2026, led by NATO Innovation Fund (NIF). ### What was Laki Power's biggest round? Its most recent round, $6.9M in Sept 2026, is also its largest on record. ### Who backed Laki Power first? Laki Power's first round on record, in Aug 2023, was backed by EISMEA, EASME - EU Executive Agency for SMEs and Horizon 2020. ### What stage is Laki Power at? Laki Power's latest named round is a Series A, in Sept 2026. ### Where is Laki Power based? Laki Power is based in Iceland. ### Who led Laki Power's rounds? NATO Innovation Fund (NIF) led the Series A in 2026. ## Companies like Laki Power In the same sector, and raised in the last eighteen months. 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