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Top 5 Food and Beverage Startup Investors in Iceland (May 2026)

The most active venture capital funds and angel investors investing in Iceland Food and Beverage startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Iceland Food and Beverage startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Sustainable Food Ventures
VC Fund
2 United States, India, Germany Pre-Seed, Seed, Angel Food and Beverage, Biotechnology, Food Processing $100k–$4M
MGMT Ventures
VC Fund
2 Iceland Pre-Seed Gaming, Sports, Seafood
Aqua Spark
VC Fund
1 United States, Norway, India Series A, Series B Biotechnology, Aquaculture, Seafood $4M–$15M
Aton
VC Fund
1 Iceland Series A Food and Beverage
KB Investment
VC Fund
1 South Korea, United States, Singapore Series A, Series B, Seed Software, Information Technology, Artificial Intelligence $809k–$34M
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Investor list

Sustainable Food Ventures
VC Fund · Raleigh, North Carolina, United States · 2 investments in Iceland Food and Beverage startups

SFV backs globally early-stage founders building leading Future of Food companies that are: #Cell-based #Plant-based #Recombinant

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Investment focus

  • Industry: Food and Beverage, Biotechnology, Food Processing
  • Stage:Pre-Seed, Seed, Angel
  • Geography: United States, India, Germany

Investor stats

  • Total investments: 32
  • Round size: Seed $845k–$4M; Pre-Seed $100k–$2.1M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Farmless — A farmless fermentation platform has the potential to create an entirely new food repertoire, producing proteins, carbohydrates, beneficial fats, vitamins, and minerals from the ground up," explained Oner. "We are creating a new interface between food and electricity by domesticating microbes chosen for their food properties and abilityto grow on renewable energy-based feedstocks.
  • Daisy Lab — Daisy Lab pioneers precision fermentation technology in New Zealand
  • Atlantic Fish Co — Developing sustainable, cultivated seafood using cellular agriculture
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MGMT Ventures
VC Fund · 2 investments in Iceland Food and Beverage startups

MGMT Ventures mission is to support and invest in founders pushing the boundaries of innovation in emerging and future industries.

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Investment focus

  • Industry: Gaming, Sports, Seafood
  • Stage:Pre-Seed
  • Geography: Iceland

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Loki Foods — We're producing sustainable, plant-based foods from the Arctic. Iceland’s first plant-based cod and seafood!
  • Esports Coaching Academy — ECA's software solution consists of an educational hub and a SaaS solution that provides exercises and complete programming for esports clubs and coaches.
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Aqua Spark
VC Fund · Utrecht, Utrecht, The Netherlands · 1 investments in Iceland Food and Beverage startups

Aqua-Spark is an investment fund with a focus on sustainable aquaculture businesses around the world. The small-to-medium enterprises (SMEs) they invest in are working toward the production of safe, accessible aquatic life, such as fish, shellfish and plants, in ways that do not harm their oceans. Their investors value the fact that each investmentaims to create triple impact—specifically, each investment is chosen for its potential to generate significant financial returns while also activating positive environmental and social outcomes.Aqua-Spark believes that committing to a long-term vision is the way to realize effective and lasting impact results. When it comes to investments, they do not seek quick exits; instead, they look for entrepreneurs who strive to build and scale toward the future, who see their business as major economic opportunities that can also help solve looming environmental and food security challenges over the long-term. As an essential of each investee, Aqua-Spark seeks sustainability.

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Investment focus

  • Industry: Biotechnology, Aquaculture, Seafood
  • Stage:Series A, Series B
  • Geography: United States, Norway, India

Investor stats

  • Total investments: 37
  • Round size: Series A $4M–$7.2M; Series B $8M–$15M
  • Lead/follow: 58% lead, 42% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Tepbac — Less work for farmer, more fish for people.
  • eniferBio — Enifer Bio is an expert at squeezing every last drop of value from biorefining operations. The solution is built on decades of Finnish expertise to allow the production of valuable protein-rich feed from streams previously considered worthless. The company has developed a new, sustainable production process for high-quality fish feed raw material.The company's method enables the efficient production of a single cell protein from fish by-products as a raw material for fish feed. The protein can replace soy, which is commonly used in fish feed and whose cultivation poses ecological challenges, such as deforestation in South America.
  • Sea6 Energy — Sea6 Energy is a platform that utilizes the unlimited potential of the oceans in a sustainable and ethical way. It visualizes a future where the abundant oceans will be the biomass farms of the future, to provide solutions in energy, agriculture, and food.Sea6 Energy has a team of professionals from diverse fields like industrial automation,plant pathology, ocean engineering, bioprocess engineering, marine biology, and aerospace engineering, with the goal of building a whole new economy based on marine biomass.It develops technologies to convert biomass into biofuel, plant growth stimulants, plant defence products, animal feed ingredients, and other bio-renewable products to replace chemicals and plastics, effectively creating a Bio-refinery out of marine biomass, churning out a whole variety of products leaving nothing to waste.Sea6 Energy was founded on 2010 and is headquartered in Bangalore, India.
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Aton
VC Fund · Munich, Bayern, Germany · 1 investments in Iceland Food and Beverage startups

ATON GmbH is active within companies operating in seminal markets (raw materials, services and applied technology). The ATON companies are mainly active in business to business areas. ATON does not invest in start up businesses. As a rule, ATON is the majority shareholder. Connected to this is the adoption of responsibility for the ATON-ledcompanies.

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Investment focus

  • Industry: Food and Beverage
  • Stage:Series A
  • Geography: Iceland

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Good Good — Good Good emphasizes on online sales.
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KB Investment
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Iceland Food and Beverage startups, 36 in the past 12 months

Founded in 1990, KB Investment Co., Ltd. (KBIC) is one of Korea’s leading investment firms of venture capital and private equity funds with over USD 1.4 Billion of asset under management as of December 2013. KBIC is a subsidiary of KB Financial Group, Korea’s premier financial group with the largest domestic customer base as well as the widestnetwork of service branches in Korea.KBIC’s team is recognized for industry thought leadership, a broad network of powerful industry relationships, and a unique professional investment approach to investing. KBIC passionately support our portfolio companies with active guidance in all key aspects of team building, strategy, operations and governance

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Series A, Series B, Seed
  • Geography: South Korea, United States, Singapore

Investor stats

  • Total investments: 195
  • Round size: Seed $809k–$5M; Series A $2M–$10M; Series B $5.7M–$34M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Hyku — Hyku Biosciences is developing the next generation of covalent medicines by targeting histidine, tyrosine and lysine binding pockets in disease-causing proteins.
  • Wonderwall — Wonderwall is an online art learning platform.
  • Passionate Powerhouse — Passionate Power as a full-fledged multi-content IP in the future by designing and producing games, cartoons, movies, franchise items, and so on in constant partnership with domestic and overseas partners.
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Food and Beverage Investor funding in Iceland at a glance

Stats across 9 deals from 10 investors.

10
investors
in Iceland Food and Beverage startups
9
deals
in Iceland Food and Beverage startups
$150k
median round
in Iceland Food and Beverage startups
10%
lead investors
lead at least one round
56%
Grant
most common funding stage
100/0
VC / Angel
share of investor count

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