# Top 45 SaaS VC (Venture Capital) Funds in Iceland in May 2026

| Investor | Relevant Deals | Geography | Stage | Focus |
| --- | --- | --- | --- | --- |
| New Business Venture Fund | 17 | Iceland, United States, China | Seed, Series A | Software, Health Care, Medical |
| Frumtak Ventures | 14 | Iceland, United States, United Kingdom | Seed, Series A | Software, Information Technology, Enterprise Software |
| Brunnur Ventures | 12 | Iceland, United States, Denmark | Seed, Series A, Angel | Software, SaaS, Biotechnology |
| Crowberry Capital | 5 | Iceland, Denmark, United States | Seed, Pre-Seed, Series A | Software, Gaming, Information Technology |
| Novator | 3 | United Kingdom, Iceland, Germany | Series A, Series B | Information Technology, Software, E-Commerce |
| Iceland Venture Studio | 3 | Iceland, India, Israel | Seed, Pre-Seed | Health Care, Software, B2B |
| Inventure | 2 | Finland, Sweden, Denmark | Seed, Series A | Software, Information Technology, Health Care |
| Preceptor Capital | 2 | Iceland, United States | Seed, Series A | FinTech, Computer, Software |
| BlueYard Capital | 2 | United States, Germany, France | Seed, Series A | Software, Cryptocurrency, Internet |
| Index Ventures | 2 | United States, United Kingdom, France | Series A, Series B, Seed | Software, E-Commerce, Internet |
| Slack Fund | 2 | United States, Canada, United Kingdom | Seed, Series A, Series B | Software, SaaS, Internet |
| Reaktor Ventures | 2 | Finland, Germany, United States | Seed, Pre-Seed, Series A | Software, Internet, Health Care |
| Investa | 2 | Iceland, United States | Seed, Angel | Software, SaaS, Crowdsourcing |
| Shanda Group | 2 | United States, China, Israel | Seed, Series A, Pre-Seed | Health Care, Biotechnology, Software |
| Sisu Game Ventures | 1 | Finland, United States, Iceland | Seed, Series A | Gaming, Video Games, Virtual Reality |
| Teya | 1 | Turkey, Iceland |  | Information Technology, Apps, Sales |
| Capital A Partners | 1 | United States, India, Sweden | Seed, Series A | 3D Printing, Software, 3D Technology |
| Headline | 1 | United States, Germany, United Kingdom | Series A, Series B, Seed | Software, E-Commerce, Information Technology |
| Greycroft | 1 | United States, United Kingdom, Germany | Series A, Seed, Series B | Software, E-Commerce, Internet |
| Ridge Ventures | 1 | United States, Canada, Finland | Series A, Seed, Series B | Software, Internet, Information Technology |
| Sequoia Capital | 1 | United States, China, India | Series B, Series A, Series C | Software, Information Technology, Internet |
| MGMT Ventures | 1 | Iceland | Pre-Seed | Gaming, Sports, Seafood |
| Tencent | 1 | China, United States, United Kingdom | Series B, Series A, Series C | Software, Financial Services, E-Commerce |
| APX | 1 | Germany, United Kingdom, United States | Pre-Seed, Seed | Software, SaaS, Information Technology |
| Mesa Ventures | 1 | United States, Germany, Iceland | Seed, Series A | Mobile, E-Commerce, Software |
| Asabys Partners | 1 | Spain, Belgium, Germany | Series A, Seed, Series B | Biotechnology, Health Care, Medical Device |
| Eyrir Vöxtur | 1 | Iceland | Seed | Legal, Legal Tech, Document Management |
| Probiocon | 1 | Iceland | Seed | Medical, Consulting, Health Care |
| Omega Algae | 1 | Iceland | Seed | Software, Information Technology |
| Wellington Partners | 1 | Germany, United States, United Kingdom | Series A, Series B | Health Care, Biotechnology, Medical |
| 1/0 Capital | 1 | United States, Singapore, Iceland | Seed, Series A, Series B | Financial Services, FinTech, Software |
| Baliopharm | 1 | Iceland | Seed | Medical, Consulting, Health Care |
| Behold Ventures | 1 | Sweden, Iceland, United Kingdom | Seed, Pre-Seed | Gaming, eSports, PC Games |
| Tuesday Capital | 1 | United States, Mexico, Israel | Seed, Series A, Series B | Software, Mobile, Internet |
| boldstart ventures | 1 | United States, Canada, Israel | Seed, Series A, Series B | Software, SaaS, Information Technology |
| New Enterprise Associates | 1 | United States, India, China | Series B, Series A, Series C | Software, Health Care, Biotechnology |
| byFounders | 1 | Denmark, United States, Germany | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Mobile Apps |
| Eyrir Venture Management | 1 | Iceland, United States | Pre-Seed, Series A | Software, B2B, SaaS |
| Seed Capital | 1 | Denmark, United States, United Kingdom | Seed, Series A | Software, Health Care, SaaS |
| Chrysalix Venture Capital | 1 | United States, Canada, The Netherlands | Series B, Series A | Energy, Manufacturing, CleanTech |
| whynow | 1 | Iceland | Seed | Apps, Music |
| CAA Ventures | 1 | United States, Canada, Iceland | Series A, Seed, Series B | Internet, Mobile, E-Commerce |
| Atomico | 1 | United States, United Kingdom, Germany | Series A, Series B, Series C | Software, Information Technology, Artificial Intelligence |
| Menlo Ventures | 1 | United States, Canada, France | Series B, Series A, Series C | Software, Information Technology, Enterprise Software |
| Karma Ventures | 1 | Estonia, Sweden, Finland | Series A, Seed, Series B | Software, Artificial Intelligence, Information Technology |

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