FundedIQ

Recently Funded Seed Startups in Iceland

Updated Sep 2026

FundedIQ holds 20 funded Seed startups in Iceland and keeps their funding rounds, amounts, investors, industries, locations and company details up to date. This page provides an overview of the Seed startup funding landscape in Iceland, along with the 20 most recently funded Seed startups in Iceland.

Seed startups in Iceland closed 6 funding rounds over the last 24 months, 3 of them in the last 12 months, and raised $16M in disclosed capital. The median disclosed round is $2.5M, with the middle half of rounds falling between $2.3M and $2.9M. Gaming, Apps and Data and Analytics hold the most companies by sector. Reykjavík and Hafnarfjörður hold the deepest concentrations of these companies.

Seed activity centers on Reykjavík. Hafnarfjörður provides a secondary point of interest. Small teams dominate the local scene. Outreach targets a single urban area rather than a distributed network of cities. This geographic density simplifies local engagement for those targeting early stage ventures.

Seed funded startup statistics in Iceland

Funded Seed startups in Iceland
20
tracked in the database
Funding rounds, last 12 months
3
6 over 24 months
Disclosed capital raised, 24 months
$16M
6 of 6 rounds disclosed an amount
Median round size
$2.5M
middle half $2.3M to $2.9M

Most recent funding round on record: Aug 2026.

20 most recently funded Seed startups in Iceland

20 shown

Ordered by the date of the latest funding round. Each row gives the company, its location and industry, what it does, the stage and date of that round, and the disclosed amount.

S
Reykjavík, Iceland · Energy, Industrial Automation
SNERPA Power develops intelligent energy services.
Seed ·
$3.9M
E
Hafnarfjörður, Iceland · 3D, Artificial Intelligence (AI), B2B Software, Manufacturing
Euler specializes in software solutions for metal 3D printing quality assurance and process monitoring.
Seed ·
$2.3M
R
Reykjavík, Iceland · Travel
Rexby focus on travel content creators should be empowered to create value for the tourism industry.
Seed ·
$2.4M
E
Reykjavík, Iceland · Apps
Evolytes is a platform that combines games, literature, and monitoring to improve learning outcomes. It…
Seed ·
$1.4M
M
Reykjavík, Iceland · Education
Moombix is a marketplace and a platform tailored to online music lessons!
Seed ·
$2.5M
P
Reykjavík, Iceland · Gaming
In the summer of 2016, a small group of dreamers established Porcelain Fortress in Reykjavik, Iceland.
Seed ·
$3.0M
P
Reykjavík, Iceland · Health Care
PLAIO is an online software as a service tool designed for generic pharmaceutical companies to streamline…
Seed ·
$4.7M
F
Reykjavík, Iceland · Consumer Electronics
The Silent Flyer, produced by Flygildi ehf in Reykjavik, Iceland, is a drone that resembles a bird with…
Seed ·
$2.2M
R
Reykjavík, Iceland · Gaming
The goal of Rocky Road is to develop a mobile game that is open world and casual in nature, using real-world…
Seed ·
$3.0M
G
Reykjavík, Iceland · Software
Glaze simplifies the intricate world of sales software, point-of-sale systems, and online commerce into a…
Seed ·
$1.1M
A
Reykjavík, Iceland · Sports
Abler brings simplicity to the complexities of team management. With easy scheduling, messaging, payment, and…
Seed ·
$3.7M
O
Reykjavík, Iceland · Apps
Overtune is a portable stage where you orchestrate sounds, record a voice video and offer it on your socials.
Seed ·
$2.0M
3
Reykjavík, Iceland · Data and Analytics
3Z Pharmaceuticals gives research administrations expected to give drug improvement administrations. It…
Seed ·
$2.0M
E
Reykjavík, Iceland · Professional Services
Empower is a Diversity, Equality and Inclusion solutions provider focused on combining its successful track…
Seed ·
$2.3M
5
Reykjavík, Iceland · Administrative Services
50skills is transforming employee onboarding. It is used by thousands of managers in high-turnover industries…
Seed ·
$2.6M
A
Reykjavík, Iceland · Gaming
Arctic Theory is a game development company focused on massively multiplayer games using innovative…
Seed ·
$2.0M
L
Reykjavík, Iceland · Software
Create your own white-labeled school for procedures and training, and work effectively with your content…
Seed ·
$800k
P
Reykjavík, Iceland · Health Care
PLAIO is a web-based SaaS platform intended to help generic pharmaceutical companies to digitize their…
Seed ·
$2.3M
T
Reykjavík, Iceland · Hardware
Treble Technologies creates advanced wave-based sound simulation products for the AEC sector. They focus on…
Seed ·
$1.8M
A
Reykjavík, Iceland · Data and Analytics
Ankeri develops cloud based software solution focusing on ship performance from the perspective of charter…
Seed ·
$2.3M

Industries with the most funded Seed startups in Iceland

Sector counts across all 20 tracked companies in Iceland. A company assigned more than one industry is counted in each.

About the FundedIQ Seed startup funding data in Iceland

FundedIQ tracks announced startup funding rounds and organises them by company, funding date, stage, amount, industry, location and investor. The dataset is refreshed weekly, and new rounds are normalised and de-duplicated before they are published, so the same round reported twice on different dates is recorded once.

Figures on this page cover the 20 funded Seed startups in Iceland currently tracked. Round counts, capital totals and the median round are computed over a trailing 24 months. Rounds whose amount was not disclosed (0 of 6 in that period) are counted as rounds but excluded from capital totals and from the median. The most recent round on record for funded Seed startups in Iceland is dated Aug 2026.

The table above shows the 20 most recently funded companies. Full funding histories, investor lists and founder contacts across the whole dataset open on a FundedIQ plan.

Frequently asked questions

How many funded Seed startups are there in Iceland?

FundedIQ tracks 20 funded Seed startups in Iceland. This page lists the 20 most recently funded of them, ordered by the date of their latest round, and the full set is available on a FundedIQ plan.

How much funding have Seed startups in Iceland raised?

Seed startups in Iceland tracked by FundedIQ have raised $16M in disclosed capital across 6 funding rounds over the last 24 months, including 3 rounds in the last 12 months. 6 of those 6 rounds disclosed an amount; undisclosed rounds are excluded from the capital total.

What industries have the most funded Seed startups in Iceland?

Gaming has the most, with 3 companies, followed by Apps (2), Data and Analytics (2) and Health Care (2). Sector counts include every company assigned that industry, and a company can carry more than one.

What is a typical funding round size for Seed startups in Iceland?

The median disclosed round over the last 24 months is $2.5M, and the middle half of rounds fall between $2.3M and $2.9M. Round sizes vary widely by stage, so the seed and later-stage bands sit well either side of that figure.

How often is the Seed startup funding data in Iceland updated?

The dataset is refreshed weekly. New rounds are normalised and de-duplicated before they are published, and the most recent round currently on record for funded Seed startups in Iceland is dated Aug 2026. Counts and totals on this page are recomputed on every refresh.

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