# Top 5 Music Startup Investors in Iceland in May 2026

## New Business Venture Fund
- Type: VC Fund
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, Health Care, Medical

The New Business Venture Fund is an evergreen investment fund that actively contributes to the development and growth of the Icelandic economy by investing in promising innovation and start-up companies.The New Business Venture Fund invests at seed and early stage in promising growth companies with great business ideas and strong management anddevelopment teams.The New Business Venture Fund is a state owned investment fund intended to strengthen and develop the Icelandic venture capital market along with promoting startups and business in Iceland thus encouraging economic growth.

## whynow
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: Apps, Music

We bring you the Positive, Powerful and Personal stories from both emerging creatives and established giants in art, fashion, music and entertainment.

## Ivar Kristjansson
- Type: Angel
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 1
- Stages: Series A
- Focus: Audio, Music, Brand Marketing

Ivar Kristjansson

## Nick Gatfield
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Internet, TV, Apps

Nick Gatfield - Co-Founder @ Synchronized

## Brunnur Ventures
- Type: VC Fund
- Location: Reykjavík, Gullbringusysla, Iceland
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Software, SaaS, Biotechnology

Brunnur Ventures invests in entities in Iceland and has the ability to invest abroad as a part of the expansion of its portfolio companies internationally. The venture firm does not have a specific industry focus. However, it investments in companies that show great growth potential in specific industry sectors.
Brunnur Ventures is the GeneralPartner of Brunnur Venture Capital Fund a USD 40M fund.

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