69 Best Reykjavík Startups to Watch in 2024
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Last update to the database: May 26, 2024. See changelog.
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company | score | funding | investors | employees | industries | biz model | city | contact |
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Platform dedicated to enhancing vessel safety and performance through AI and IoT. |
$2M · Seed | MD ONE Ventures, Riverstone Ventures, Two Ravens | 1 to 10 | Climate Tech & Green Tech, Deep Tech, Music and Audio, Mobility & Transportation, Internet of Things, Supply Chain & Logistics | B2B, SaaS | Reykjavík, Iceland | •••••••••••@hefringmarine.com | |
Addiction management platform for healthcare professionals. |
$2M · Seed | Crowberry Capital | 1 to 10 | Health Tech | B2B, SaaS | Reykjavík, Iceland | •••••••••••@prescriby.com | |
Modular blockchain developer. |
$15M · Seed | ConsenSys, HashKey Capital, Jump Capital | 11 to 50 | Crypto & web3, Deep Tech | B2B, SaaS | Reykjavík, Iceland | •••••••••••@lavanet.xyz | |
Actionable real-time process analytics for the metals industry. |
$6M · Series A | EIC Accelerator, Metaplanet Holdings | 11 to 50 | Manufacturing | B2B | Reykjavík, Iceland | •••••••••••@dte.ai | |
Online marketplace for travel bookings. |
$10M · Series A | General Electric | 51 to 100 | Travel Tech | Marketplace | Reykjavík, Iceland | •••••••••••@travelshift.com | |
Platform enabling collaborative role-play and storytelling through character creation. |
$7M · Seed | Moonfire Ventures | 11 to 50 | Gaming, Sales and Marketing, Art | B2C | Reykjavík, Iceland | •••••••••••@questportal.com | |
Research company specializing in eco-friendly power solutions. |
$3M · Seed | Brunnur Ventures | 1 to 10 | Climate Tech & Green Tech, Energy & Nuclear, Manufacturing | B2B | Reykjavík, Iceland | •••••••••••@lakipower.com | |
Independent games publisher. |
$16M · Series A | General Catalyst, A16Z, New Enterprise Associates | 251 to 500 | Gaming, Publishing | B2C | Reykjavík, Iceland | •••••••••••@ccpgames.com | |
Platform providing advanced sound simulation technology for the AEC industry. |
$5M | Frumtak Ventures | 1 to 10 | Reykjavík, Iceland | •••••••••••@treble.tech | |||
Platform for power-intensive industries to minimise their electricity costs |
$2M · Seed | Backing Minds, Crowberry Capital | 1 to 10 | Energy & Nuclear | B2B, SaaS | Reykjavík, Iceland | •••••••••••@snerpapower.com | |
Game app offering an open world experience based on real-world map data for mobile users. |
$3M · Seed | Luminar Ventures, Sisu Game Ventures | Gaming | B2C | Reykjavík, Iceland | •••••••••••@rockyroad.io | ||
Pharmaceutical company focusing on developing and delivering eye-related drugs. |
$57M · Series C | 11 to 50 | Health Tech, Deep Tech | Reykjavík, Iceland | •••••••••••@oculis.com | |||
Sidekick is a patient-centric digital care platform that is scalable across a wide range of chronic illnesses. |
$55M · Series B | 51 to 100 | Health Tech | Reykjavík, Iceland | •••••••••••@sidekickhealth.com | |||
Marketplace offering solutions for the Generic Pharmaceutical industry’s planning and operational needs. |
$2M · Seed | Frumtak Ventures | Pharma, Business Intelligence | B2B, SaaS | Reykjavík, Iceland | •••••••••••@plaio.io | ||
Ops platform for tour operators. |
$2M · Seed | Brunnur Ventures | 1 to 10 | Travel Tech | Reykjavík, Iceland | •••••••••••@paxflow.io | ||
Dating app that offers a fun and enjoyable user experience. |
$2M · Seed | Atomico, Tiny VC, byFounders | 11 to 50 | Mobile, Consumer Social, Dating | B2C, Freemium | Reykjavík, Iceland | •••••••••••@smittendating.com | |
Platform enabling ship owners and charterers to communicate and share ship performance data online. |
$2M · Seed | Frumtak Ventures | 1 to 10 | Reykjavík, Iceland | •••••••••••@ankeri.net | |||
Platform providing small vertical axis wind turbines for telecom towers and homes. |
$108k · Pre Seed | DIANA | 1 to 10 | Climate Tech & Green Tech, Energy & Nuclear | B2B | Reykjavík, Iceland | •••••••••••@icewind.is | |
Tool that helps modern teams manage and work with data easily. |
$3M · Seed | New Enterprise Associates, BlueYard Capital | 11 to 50 | Data and Analytics | B2B, SaaS | Reykjavík, Iceland | •••••••••••@grid.is | |
Real-time supply chain monitoring technology. |
$2M · Seed | Frumtak Ventures, Arion Bank | 101 to 250 | Internet of Things, Supply Chain & Logistics | B2B | Reykjavík, Iceland | •••••••••••@controlant.com | |
Setting a new standard in biosimilars |
$35M | 251 to 500 | Biotech, Deep Tech | Reykjavík, Iceland | •••••••••••@alvotech.com | |||
Platform that turns your virtual reality headset into a multi-monitor system. |
$412k · Pre Seed | Northzone | 1 to 10 | AR / VR, Hiring and Recruitement | B2B, B2C, Marketplace | Reykjavík, Iceland | •••••••••••@murevr.com | |
Studio dedicated to developing WWII-themed video games. |
$1M | Sisu Game Ventures | 11 to 50 | Gaming | B2C | Reykjavík, Iceland | •••••••••••@1939games.com | |
Tool for restaurant management that helps optimize ordering. |
$992k · Pre Seed | APX | 1 to 10 | Foodtech, Ecommerce | B2B, SaaS | Reykjavík, Iceland | •••••••••••@greenbytes.is | |
Therapeutic solutions for inflammatory diseases. |
$17M · Series A | 1 to 10 | Biotech | Reykjavík, Iceland | •••••••••••@genis.is | |||
Manufacturer of bird-like drones. |
$2M · Seed | 1 to 10 | Drones, Manufacturing | Reykjavík, Iceland | •••••••••••@silentflyer.tech | |||
Sports management platform. |
$800k · Pre Seed | Frumtak Ventures | 11 to 50 | Sportstech | B2B, SaaS | Reykjavík, Iceland | •••••••••••@sportabler.com | |
Platform simplifying the process of onboarding new hires for employers. |
$500k · Seed | Frumtak Ventures | 11 to 50 | Hiring and Recruitement | B2B, SaaS | Reykjavík, Iceland | •••••••••••@50skills.com | |
SaaS solution for accommodations businesses improving housekeeping and maintenance workflows. |
$900k · Pre Seed | Frumtak Ventures | 1 to 10 | Travel Tech, Community & Lifestyle | B2B, SaaS | Reykjavík, Iceland | •••••••••••@spectaflow.com | |
Simple POS for retail. |
$1M · Seed | Brunnur Ventures | 11 to 50 | Payments, Commerce and Shopping | B2B | Reykjavík, Iceland | •••••••••••@glaze.is | |
Platform that uses Human AI to help banks fight financial crime more efficiently. |
$2M · Seed | Keen Venture Partners, byFounders, Karma Venture | 51 to 100 | Fintech, AI, Deep Tech, Data and Analytics, Privacy and Security | B2B, SaaS | Reykjavík, Iceland | •••••••••••@lucinity.com | |
Platform offering affordable, innovative sales solutions for businesses in various industries. |
$4M | 1 to 10 | Hardware, CPG & Consumer Goods, Manufacturing, Business Intelligence, Ecommerce | B2B, SaaS | Reykjavík, Iceland | •••••••••••@salescloud.is | ||
Escooter sharing franchise. |
$4M · Seed | 1 to 10 | Mobility & Transportation | B2B, SaaS | Reykjavík, Iceland | •••••••••••@hopp.bike | ||
Platform specializing in online sales. |
$3M | 11 to 50 | Foodtech, Manufacturing, Ecommerce | B2B, B2C | Reykjavík, Iceland | •••••••••••@goodgood.net | ||
Slurry ice system for rapid chilling of fish, poultry, and other food products. |
$3M | 1 to 10 | Agritech, Foodtech, Manufacturing, Enterprise Software | B2B | Reykjavík, Iceland | •••••••••••@thorice.is | ||
Embedded payments technology enabling SaaS businesses to expand and grow worldwide. |
$2M · Seed | 11 to 50 | Fintech | Reykjavík, Iceland | •••••••••••@handpoint.com | |||
Startup creating a new social product. |
$3M · Seed | 1 to 10 | Mobile, Consumer Social, Media and Entertainement | B2C | Reykjavík, Iceland | •••••••••••@fractal5.com | ||
Neo-bank offering advanced mobile banking services. |
$4M · Seed | 1 to 10 | Fintech | Reykjavík, Iceland | •••••••••••@indo.is | |||
E-court system enabling various legal stakeholders to manage documents securely and reliably. |
$2M · Seed | Legal Tech, Identity Management | B2B, SaaS | Reykjavík, Iceland | •••••••••••@justikal.com | |||
Platform offering esports training. |
$750k | 1 to 10 | Edtech, Gaming, Sportstech, Fitness, Esports | Reykjavík, Iceland | •••••••••••@eca.gg | |||
Training platform designed for horse owners, trainers, and enthusiasts. |
$700k | 1 to 10 | Sportstech, Mobile, Business Intelligence | Reykjavík, Iceland | •••••••••••@horseday.is | |||
Clinical biopharmaceutical company focused on novel solutions for chronic airway diseases. |
$910k · Pre Seed | 1 to 10 | Health Tech, Deep Tech, Pharma | B2B | Reykjavík, Iceland | •••••••••••@epiendo.com | ||
Platform that makes currency more accessible, secure, and easy to use for transactions. |
$2M · Seed | 11 to 50 | Fintech, Crypto & web3 | B2B | Reykjavík, Iceland | •••••••••••@monerium.com | ||
Software that helps companies monitor and address diverse pay gaps, including the gender pay gap. |
$525k · Seed | 11 to 50 | Fintech, Hiring and Recruitement | B2B, SaaS | Reykjavík, Iceland | •••••••••••@payanalytics.com | ||
Educational platform teaching children mathematics faster and more effectively through a mobile game. |
$520k · Seed | 1 to 10 | Edtech | B2B, B2C, Freemium | Reykjavík, Iceland | •••••••••••@evolytes.com | ||
Cloud-based software and IoT hardware that objectively diagnose human body mobility. |
$930k · Seed | 11 to 50 | Health Tech | B2B | Reykjavík, Iceland | •••••••••••@neckcare.com | ||
Mobile platform for arranging sounds, recording voice videos, and sharing them on social media. |
$150k · Pre Seed | 1 to 10 | Music and Audio, Mobile, Consumer Social | B2C, SaaS | Reykjavík, Iceland | •••••••••••@overtune.com | ||
Zero carbon process for nitrogen fertilizer production |
$310k · Pre Seed | 1 to 10 | Climate Tech & Green Tech, Agritech, Biotech, Manufacturing | B2B | Reykjavík, Iceland | •••••••••••@atmonia.com | ||
Security awareness platform offering training and video content. |
$1M | 11 to 50 | Edtech, Cybersecurity, Privacy and Security, Video, Communications | B2B, SaaS | Reykjavík, Iceland | •••••••••••@awarego.com | ||
Digital workspace providing secure online tools for professionals in Health, Education, and Welfare. |
$1M · Seed | 1 to 10 | Health Tech | Marketplace | Reykjavík, Iceland | •••••••••••@karaconnect.com | ||
Healthcare platform that helps professionals work more efficiently. |
$700k · Seed | 1 to 10 | Health Tech | B2B, SaaS | Reykjavík, Iceland | •••••••••••@leviosa.is | ||
Pharmaceutical company developing drugs to improve the central nervous system. |
$2M · Seed | 1 to 10 | Reykjavík, Iceland | •••••••••••@3z.is | ||||
We're producing sustainable, plant-based foods from the Arctic. Iceland’s first plant-based cod and seafood! |
$650k · Pre Seed | 1 to 10 | Foodtech, Manufacturing | B2B, B2C | Reykjavík, Iceland | •••••••••••@lokifoods.com | ||
Game development company specializing in creating massively multiplayer games with cutting-edge technology. |
$2M · Seed | 1 to 10 | Gaming | B2C | Reykjavík, Iceland | •••••••••••@arctictheory.com | ||
Platform providing visibility and control in cybersecurity vulnerability management. |
$825k · Seed | 11 to 50 | Cybersecurity, Privacy and Security | B2B, SaaS | Reykjavík, Iceland | •••••••••••@nanitor.com | ||
Software solutions specializing in the education sector. |
$775k · Seed | 1 to 10 | Edtech | Reykjavík, Iceland | •••••••••••@learncove.io | |||
Platform for social payments tailored for banks. |
$1M | 1 to 10 | Fintech, Mobile, Payments | B2B, SaaS | Reykjavík, Iceland | •••••••••••@mementopayments.com | ||
Information technology firm providing reliable advice and services. |
N/A | 1001 to 5000 | B2B | Reykjavík, Iceland | •••••••••••@advania.is | |||
Platform connecting various transport providers seamlessly without using outdated technology. |
N/A | 51 to 100 | Travel Tech, Mobile, Community & Lifestyle | B2B, B2C | Reykjavík, Iceland | •••••••••••@dohop.com | ||
Platform providing medical healthcare systems with advanced IT solutions globally. |
N/A | 1 to 10 | Health Tech | B2B, SaaS | Reykjavík, Iceland | •••••••••••@retinarisk.com | ||
Climate action registry |
N/A | 1 to 10 | Climate Tech & Green Tech, Fintech, Data and Analytics, Energy & Nuclear, Business Intelligence | B2B | Reykjavík, Iceland | •••••••••••@carbonregistry.com | ||
Wave creates a new dimension to your music making! |
N/A | 1 to 10 | Hardware, Music and Audio, Manufacturing, Wearables | B2C, SaaS | Reykjavík, Iceland | •••••••••••@genkiinstruments.com | ||
Data service company offering curated and linked datasets to businesses. |
N/A | 1 to 10 | Data and Analytics, Business Intelligence, Developer Tools | B2B, SaaS | Reykjavík, Iceland | •••••••••••@quicklookup.com | ||
Mobile game that uses AI to create engaging knowledge challenges. |
N/A | 1 to 10 | Edtech, AI, Mobile, Hiring and Recruitement | B2B, SaaS | Reykjavík, Iceland | •••••••••••@viska.com | ||
Computer aided facility management system. |
N/A | 11 to 50 | Reykjavík, Iceland | •••••••••••@mainmanager.com | ||||
A global company focused on sleep health technology. |
N/A | 101 to 250 | Health Tech | Reykjavík, Iceland | •••••••••••@noxmedical.com | |||
A renewable energy company focusing on creating zero-emission cities. |
N/A | 11 to 50 | Climate Tech & Green Tech, Energy & Nuclear | Reykjavík, Iceland | •••••••••••@arcticgreencorp.com | |||
Provider of non-invasive mobility solutions for people with limb loss or other physical impairments. |
N/A | 1001 to 5000 | Health Tech | Reykjavík, Iceland | •••••••••••@ossur.com | |||
Provider of asset valuation data to the financial services industry. |
N/A | 1 to 10 | Fintech | Reykjavík, Iceland | •••••••••••@invector.eu |
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