Investor Lists

Investors based in Iceland

Updated 7 November 2026

Firms headquartered in Iceland, ordered by what we have observed them do rather than by what they claim to invest in. Where a firm sits is not where it invests; for that, see investors in Iceland.

See all 61 →The top 25
61investors on the listNo change this week
6cheques in 12 monthsToo few cheques to tell
$7.8Mmedian round they joined-3% against the market median
5%wrote a cheque in 12 months
7%have led a round

The Top 25

Ordered by cheques observed, never by anything anyone paid for

Deploying now (3)

  1. 1Crowberry CapitalDeploying nowVC firm · Iceland6$7.6Mmedian roundNov 2026last seen
  2. 2Frumtak VenturesDeploying nowVC firm · Iceland5$7.9Mmedian roundSept 2026last seen
  3. 3David HelgasonquietAngel · Iceland4$10Mmedian roundApr 2019last seen
  4. 4Thule InvestmentsquietInvestment firm · Iceland3$4Mmedian roundNov 2009last seen
  5. 5BlockSpaceForcequietVenture studio · Iceland1$8Mmedian roundOct 2025last seen
  6. 6Eyrir Venture ManagementquietVC firm · Iceland1$17Mmedian roundMay 2025last seen
  7. 7GMT ehfquietInvestment firm · Iceland1$289Kmedian roundJun 2013last seen
  8. 8MarelquietCorporate VC · Iceland1$6.3Mmedian roundAug 2019last seen
  9. 9ReykVCDeploying nowVC firm · Iceland1$6.9Mmedian roundSept 2026last seen
  10. 10StefnirquietFund of funds · Iceland1$98Mmedian roundJan 2015last seen
  11. 11AccordiumunknownVC firm · Icelandnone observed-median round-last seen
  12. 12Alfa FramtakunknownPrivate equity · Icelandnone observed-median round-last seen
  13. 13Algildi Hedge Fund slhfunknownInvestment firm · Icelandnone observed-median round-last seen
  14. 14Alva CapitalunknownInvestment firm · Icelandnone observed-median round-last seen
  15. 15Arion BankunknownInvestment firm · Icelandnone observed-median round-last seen
  16. 16AztiqunknownPrivate equity · Icelandnone observed-median round-last seen
  17. 17Björg CapitalunknownPrivate equity · Icelandnone observed-median round-last seen
  18. 18Braml ehf.unknownVenture studio · Icelandnone observed-median round-last seen
  19. 19Brunnur VenturesunknownVC firm · Icelandnone observed-median round-last seen
  20. 20Brú pension fundunknownInstitutional LP · Icelandnone observed-median round-last seen
  21. 21CCP GamesunknownInvestment firm · Icelandnone observed-median round-last seen
  22. 22Eyrir InvestunknownVC firm · Icelandnone observed-median round-last seen
  23. 23Eyrir VöxturunknownInvestment firm · Icelandnone observed-median round-last seen
  24. 24IS Funds Ltd. (Íslandssjóðir hf.)unknownInvestment firm · Icelandnone observed-median round-last seen
  25. 25Iceland Venture StudiounknownVC firm · Icelandnone observed-median round-last seen
36 more on this list

All 61 are in the app, with filters for stage, sector and market. A free account shows 10 per search, Pro up to 1,000.

See the whole list →

Quick answers about investors based in Iceland

Who are the most active investors based in Iceland?

By cheques observed, the most active are Crowberry Capital, Frumtak Ventures, David Helgason, Thule Investments and BlockSpaceForce.

How many investors based in Iceland are there?

61 are on record. 5% made an investment in the last 12 months and 7% have led a round.

Which stages do investors based in Iceland back?

Of the rounds with a named stage in the last 12 months, mostly Series A (100%).

How big are the rounds investors based in Iceland join?

The typical (median) round among the leading investors here is $7.9M.

Which sectors do investors based in Iceland back most?

In the last 12 months, mostly AI, Cloud and Cybersecurity.

Which investors based in Iceland lead the most rounds?

Crowberry Capital (1 led), Frumtak Ventures (1 led) and BlockSpaceForce (1 led).

What have investors based in Iceland invested in recently?

Recent rounds include Saidot (Nov 2026, with Crowberry Capital), Jónsbók (Oct 2026, with Crowberry Capital) and 50skills (Sept 2026, with Frumtak Ventures).

How is this list of investors based in Iceland ranked?

By cheques observed, from the rounds and filings we watched, and never by anything anyone paid for. It is rebuilt every night.

Built from the rounds we watched, refreshed every night. How we count · Report a correction