Iceland startups

Early-stage Iceland startups

30 early-stage startups headquartered in Iceland, founded in the last 5 years. A comprehensive list from public sources, not a hand-picked few.

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30 early-stage startups in Iceland

  • Æterna

    Reykjavik, Iceland

    Develops immersive virtual reality educational and training experiences for institutions.

  • Alda

    Reykjavik, Iceland

    A software platform that helps organizations measure, track, and improve workplace diversity and inclusion.

  • Alor

    Reykjavik, Iceland

    Develops sustainable, recyclable aluminum-ion batteries to replace lead-acid and lithium-ion options in stationary and mobile applications.

  • Bara Tala

    Reykjavik, Iceland

    An AI-powered language learning platform designed to help users practice and improve their spoken Icelandic.

  • Búi

    Reykjavik, Iceland

    An equity-building housing platform offering an alternative rent-to-own pathway to homeownership.

  • Evolytes

    Reykjavik, Iceland

    An educational platform that combines gaming and math to accelerate learning for children.

  • Geko

    Reykjavik, Iceland

    A sustainable last-mile delivery and green logistics provider utilizing electric cargo vehicles.

  • GeoSalmo

    Reykjavik, Iceland

    Developer of land-based salmon farming facilities utilizing sustainable geothermal and marine resources.

  • GreenBytes

    Reykjavik, Iceland

    Utilizes machine learning to help restaurants reduce food waste and optimize raw ingredient ordering.

  • Heal

    Reykjavik, Iceland

    Combines virtual reality with biofeedback to deliver therapeutic mental health and stress-relief sessions.

  • Húsa

    Reykjavik, Iceland

    Property management software streamlining operations, leasing, and tenant communication for landlords.

  • Justikal

    Reykjavik, Iceland

    A digital litigation platform that automates and secures the electronic delivery of legal documents to courts.

  • Kula

    Reykjavik, Iceland

    A green financing platform that connects SMEs with sustainability-linked funding and carbon-tracking tools.

  • LearnCove

    Reykjavik, Iceland

    A digital training and onboarding platform tailored for the seafood and maritime industries.

  • Loforð

    Reykjavik, Iceland

    A digital bidding and transaction platform that streamlines the home buying and selling process.

  • Loki Foods

    Reykjavik, Iceland

    Develops plant-based seafood alternatives designed to match the nutritional profile and texture of ocean fish.

  • Marea

    Reykjavik, Iceland

    Develops fully biodegradable thin-film packaging solutions from local seaweed.

  • Marrow

    Akureyri, Iceland

    Creates hybrid physical-digital tabletop roleplaying games and immersive gaming accessories.

  • Melta

    Hvolsvöllur, Iceland

    Transforms organic waste into nutrient-rich liquid fertilizer through localized anaerobic microbial fermentation.

  • Overtune

    Reykjavik, Iceland

    A mobile social music platform enabling users to easily create and share music using AI-powered tools.

  • Parity

    Reykjavik, Iceland

    An independent game development studio creating narrative-driven games set in folklore-inspired worlds.

  • PLAIO

    Hafnarfjörður, Iceland

    An AI-powered planning platform designed specifically for the pharmaceutical industry to optimize supply chains and production.

  • SeaData IoT

    Sandgerði, Iceland

    Develops advanced marine telemetry and ocean-monitoring IoT sensors for environmental research and maritime tracking.

  • Sidewind

    Reykjavik, Iceland

    Develops containerized wind turbines designed to mount onto cargo vessels to generate auxiliary green electricity during transit.

  • Snerpa Power

    Reykjavik, Iceland

    An intelligent energy management platform that helps power-intensive industries optimize electricity usage and participate in balancing markets.

  • Snjallgögn

    Reykjavik, Iceland

    Develops AI-powered forecasting and data analytics software for the retail and supermarket sector.

  • Sveifla

    Reykjavik, Iceland

    An earned wage access platform enabling employees to instantly draw down their accrued salary before payday.

  • Treble Technologies

    Reykjavik, Iceland

    Develops cloud-based sound simulation and spatial audio technology for building design and virtual worlds.

  • Viska

    Reykjavik, Iceland

    A gamified microlearning SaaS that helps enterprises train employees and reinforce workplace knowledge through daily quizzes.

  • Zeroic

    Reykjavik, Iceland

    Mobile game development studio focusing on highly engaging hybrid-casual and arcade-style titles.

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