The directory currently lists 39 organisations across 3 cities.
39 entries.
1939 Games is an independent game development studio founded in Reykjavik in 2015 by veterans of CCP Games. The studio developed KARDS, a free-to-play digital collectible card game set in World War II, which launched on Steam in 2019. KARDS blends traditional CCG mechanics with real-world historical units and strategies from the Second World War and has built a global player community.
50skills is a Reykjavik-based HR SaaS platform that streamlines the full employee journey — from hiring through onboarding, crossboarding and offboarding — in a single workspace. The platform centralises employee data, eliminates repetitive data entry across HR systems, and integrates with the tools employers already use. Founded in 2017, the company raised €2.5M from Frumtak Ventures in 2022 and has since grown to approximately 22 employees serving customers in over 20 countries. Major Icelandic clients include Icelandair, PLAY Airlines, IKEA, Vodafone, Securitas and Domino's. The company reported $2.1M in annual revenue in 2024.
Alda is an Icelandic HR-tech startup founded in 2022 that provides a culture intelligence platform for measuring and improving workplace diversity, equity, and inclusion (DEI). The platform combines inclusion surveys, gamified micro-learning, AI-powered action plans, and real-time DEI dashboards. Alda has raised €2.9 million from Frumtak Ventures and Tennin, and counts Aker Solutions, Icelandair, and Avalanche Studios among its clients. It was named a Gartner Cool Vendor in 2025.
Algalíf is an Icelandic biotechnology company founded in 2012 that produces high-grade natural astaxanthin from microalgae using 100% renewable geothermal energy in a fully enclosed indoor photobioreactor system. The company is certified carbon-negative, binding 75 tonnes of CO2 annually, and holds over $50M in cumulative investment. In 2025 Algalíf launched Astalíf 15, the world's first 15% natural astaxanthin oleoresin, and broke ground on the world's largest natural astaxanthin facility (12,500 m²). The board initiated IPO preparations for 2025 and appointed new leadership following the departure of long-serving CEO Orri Björnsson.
The largest annual international gathering on Arctic affairs, held at Harpa with governments, academia, NGOs, Indigenous representatives and private-sector stakeholders. Strong tracks on climate, clean energy, ocean tech and Arctic innovation.
Atmonia is developing a breakthrough electro-catalytic process for synthesising ammonia directly from air, water and renewable electricity at ambient temperature and pressure — with zero carbon emissions. Its precious-metal-free catalyst technology, protected by multiple patents, could disrupt the conventional Haber-Bosch process that accounts for roughly 2% of global CO2 emissions. Founded in 2016, the company has raised $3M in equity alongside $10M in non-dilutive funding from sources including the Icelandic Research Fund, Technology Development Fund and Horizon Europe. Atmonia collaborates with Fujitsu on AI-accelerated catalyst development and leads the EU-funded VERGE project.
Brunnur Ventures is an early-stage venture capital firm founded in 2013 and focused on high-growth Icelandic startups. The firm backs scalable B2B software, gaming, biotech, cleantech, and marine-tech companies, writing initial seed cheques and following on through growth rounds. With around 34 portfolio companies, the firm has achieved notable exits including CCP Games and Oculis. Key partners include Founding Partner Sigurdur Arnljotsson and Managing Partner Arni Bloendal.
Carbfix dissolves captured CO2 in water and injects it into basalt rock formations, where it permanently mineralises into solid carbonate stone in under two years. Founded in 2007 as a joint research initiative by Reykjavik Energy, the University of Iceland, CNRS France, and Columbia University's Earth Institute, the company operates at the Hellisheiði geothermal power plant. In 2023 it secured a $117M EU grant and became the first company to receive an EU permit for onshore carbon capture & storage, with capacity for ~106,000 tonnes of CO2 per year. It was a WIPO Global Awards 2025 finalist and partners with Climeworks on the Mammoth DAC plant.
Carbon Recycling International (CRI) designs, licenses and sells its proprietary Emissions-to-Liquids (ETL) process technology for producing green methanol from captured CO2 emissions and green hydrogen. Founded in 2006 and operating at industrial scale since 2012, CRI is globally recognised as a leader in CO2-to-methanol technology. The company raised $30M led by Equinor Ventures and counts Geely, Methanex and Eyrir Invest among its major shareholders. CRI's technology has been deployed in commercial projects in China, including one of the world's most efficient CO2-to-methanol plants built in partnership with Jiangsu Sailboat.
CCP Games is the Reykjavik studio behind EVE Online, the long-running sandbox space MMO that has become one of the most culturally distinctive video games ever built in Europe: a single persistent universe shared by all players, with a player-driven economy, alliances, and wars that have produced academic papers and international news coverage. Founded in 1997, CCP effectively bootstrapped Iceland's modern games industry and remains the anchor of Reykjavik's interactive-entertainment cluster. The studio was acquired by South Korea's Pearl Abyss in 2018 but kept its Icelandic operations and brand, and has since expanded into new IP explorations, third-party developer partnerships, and blockchain-adjacent experiments around player-owned assets. For the directory, CCP illustrates how a small European capital can sustain a live-operations games business at a scale usually associated with Tokyo, Los Angeles, or Helsinki.
Controlant is a Reykjavik-born supply-chain visibility company that combines reusable IoT data loggers, cellular-connected gateways, and a cloud analytics platform to give pharma manufacturers, 3PLs, and retailers real-time temperature, humidity, and location data on every shipment in a cold chain. The company became internationally recognized during the COVID-19 pandemic as one of Pfizer's primary visibility partners for global vaccine distribution, where its devices were used to monitor ultra-cold shipments through long intercontinental routes. Beyond pharma, Controlant's platform is used for food, biologics, and other temperature-sensitive goods, with a commercial model that charges per shipment rather than per device so customers avoid the usual capex headaches of traditional loggers. It is the clearest example of Iceland producing a deep-tech, globally relevant supply-chain platform rather than a pure consumer or gaming play.
Crowberry Capital is a Nordic seed and early-stage venture fund founded in 2017 in Reykjavik, with additional offices in Copenhagen and Stockholm. The all-female founding team backs technology startups across the Nordics, with a particular focus on SaaS, digital health, fintech, and gaming. Its second fund closed at €90 million and the firm has invested in over 34 companies. Notable portfolio companies include Lucinity (AI anti-money laundering) and Mainframe Industries (cloud-native MMO gaming).
The 17th EAI International Conference on Digital Forensics & Cyber Crime, hosted by the University of Iceland at the Groska Innovation Hub in Reykjavik. The 2026 theme is cyber analytics and forensics in the era of emerging AI threats, with keynotes, research presentations and tutorials drawing academics, law-enforcement practitioners and security vendors. Proceedings are published in Springer's LNICST series.
The Nordic Energy Informatics Academy Conference, held at the University of Iceland in Reykjavik, explores the intersection of energy systems and informatics. Sessions span smart grids, district heating, electric mobility, industrial efficiency and sustainable buildings, with a dedicated Nordic track on the region's energy transition, bringing together academic researchers and industry innovators.
Annual gathering in Reykjavik for European founders, investors, and ecosystem builders to connect and kick off the new year with strategic planning. Features fireside chats, workshops, and intimate networking in an inspiring Icelandic setting. Valuable for founders seeking cross-border relationships and fresh perspectives on building in Europe.
Eyrir Sprotar is the seed and early-stage venture fund managed by Eyrir Invest, a Reykjavik-based international investment company with a 25-year track record. The fund, launched in 2012 and formalized in 2015, backs promising Icelandic ventures targeting international markets, with typical investment sizes around €3 million. Eyrir Invest is best known as a major long-term shareholder in Marel, the global food processing equipment manufacturer.
Frumtak Ventures is Iceland's oldest active venture capital firm, founded in 2008 with a mandate to back local innovation with global potential. The firm takes a concentrated, high-conviction approach from seed through later growth stages, partnering closely with founders across AI, healthcare, logistics, energy, climate, and ocean-tech. Its fourth fund, closed in July 2024 at $87 million and oversubscribed, is primarily backed by Icelandic pension funds. The portfolio of 34 companies includes notable companies such as Controlant (pharma cold-chain) and Sidekick Health (digital therapeutics).
Game Makers Iceland is a grassroots community organization for Iceland's local game development scene, welcoming professionals at studios, indie developers, hobbyists, artists, and students. Based in Reykjavík, they organize the annual Reykjavík Game Summit, bringing together local and international speakers for talks, insights, and networking. The organization maintains active community channels and emphasizes inclusivity across Iceland's growing game industry.
Genki Instruments is a Reykjavik music technology hardware company that creates expressive wearable controllers for musicians and producers. Its flagship product, the Wave MIDI ring, lets performers control sound, effects and DAW parameters using natural hand gestures including tilt, pan, roll, vibrato, tap and click — compatible with Ableton Live, Logic Pro, Pro Tools and more. Founded in 2015 by Daniel Gretarsson, Haukur Ragnarsson Isfeld and Jón Helgi Holmgeirsson, the company won the Icelandic Design Prize in 2019. In 2026 Genki shipped the Katla, a new hybrid polyphonic synthesizer, confirming the studio's ongoing hardware output.
Gróska is a 188,000 sq ft innovation and business growth center at Bjargargata 1 in Reykjavik, opened in 2019 and widely regarded as the epicenter of Iceland's startup ecosystem. The facility houses companies, investment teams, startup incubator programs, and university research labs under one roof. CCP Games is among its anchor tenants. Gróska offers flexible desk memberships, private offices, meeting rooms, and event space, fostering collaboration between startups, established companies, and academic institutions.
Halldór Snær Kristjánsson is the CEO, Game Director, and co-founder of Myrkur Games, an Icelandic game development studio. He also serves as Chairman of the Icelandic Game Industry (IGI), making him a central figure in Iceland's game development ecosystem. He is a confirmed speaker at the Reykjavík Game Summit 2026, organized by Game Makers Iceland.
City-wide innovation festival across Reykjavik with 1,500+ attendees, 100+ speakers, and a strong climate focus spanning energy transition, ocean tech, foodtech, and geothermal. Main passes typically EUR 300-600 with free satellite events. Includes climate-pitch formats like Ok, Bye, ideal for impact founders seeking Nordic investors and pilot sites.
City-wide innovation festival returning to Reykjavik for its next edition, bringing together founders, investors, creatives and policymakers from across the Nordics and beyond. The week spans climate and energy transition, ocean tech, foodtech and deep tech, pairing a main-stage program with dozens of satellite events, startup pitch formats and investor matchmaking. Ideal for impact founders seeking Nordic investors, pilot sites and partners.
The Iceland Ocean Cluster (Íslenska sjávarklasinn) is a marine-industry innovation hub founded in 2012 and located at Grandagarði 16 in Reykjavik's old harbour. It brings together over 70 companies spanning the full ocean value chain — from fisheries and aquaculture to seafood biotech and ocean technology — with the goal of maximising sustainable value from marine resources. The hub runs the 100% Fish programme and hosts events and cross-company collaboration projects.
The Iceland Geothermal Conference (IGC) is a leading international event on geothermal energy, held at the Harpa Conference and Concert Centre in Reykjavik. The 6th edition, under the theme 'Geothermal for a Changing World', guides participants through the full geothermal value chain across four tracks: financing and policy, project development, next-generation technologies such as EGS, and community and societal impact.
Kerecis is an Icelandic biotech and medical technology company known for developing wound-healing products derived from fish skin. Its work is notable because it turns a locally abundant natural material into a clinically relevant regenerative scaffold used in difficult wound-care cases, including burns, trauma, and chronic ulcers. The biological rationale and manufacturing approach set it apart from software-led health companies: this is a deep life-science and materials business built around research, regulatory rigor, and medical adoption. In the European ecosystem, Kerecis is a useful example of how world-class biotech can emerge from a small geography when the product is grounded in differentiated science and clear clinical utility. It expands the directory's health coverage into advanced materials and tissue regeneration, complementing digital health and wearable platforms without overlapping with them. For the broader startup map, Kerecis shows that high-impact European innovation is not limited to apps or infrastructure, but also includes biologically sophisticated products with global medical significance.
KLAK is a non-profit accelerator and entrepreneurship support organization founded in 2000, formed through the 2013 merger of Klak and Innovit. It is owned by the University of Iceland, Reykjavík University, the Kría Innovation Fund, and the Federation of Icelandic Industries. KLAK runs three to four sector-specific accelerator programs annually, operates the Gulleggið startup competition (Iceland's largest, with over 3,000 ideas submitted since 2008), and provides mentorship and international growth support to early-stage Icelandic companies.
Lucinity is an Icelandic RegTech company founded in 2018 by Gudmundur Kristjansson that builds AI-powered financial crime prevention software for banks and financial institutions. Its platform combines human analyst workflows with machine intelligence to automate investigation, case management, and regulatory reporting for anti-money laundering (AML) operations. Lucinity was named Iceland's Knowledge Company of the Year for 2024 and has offices in Reykjavik and New York.
Meniga is a digital banking technology company founded in Reykjavik in 2009, in the aftermath of Iceland's financial crisis. It provides white-label personal finance management, data enrichment, open banking, and carbon footprint tracking solutions to major retail banks. Meniga's platform is used by more than 90 million digital banking customers across 30+ countries, with clients including Santander and Iceland's Landsbankinn. The company has offices in Reykjavik, London, and Warsaw.
Curated conference at Harpa for bootstrapped and indie-funded SaaS founders, with around 200 attendees from 30+ countries. Focus on practical growth, profitability and long-term ownership rather than fundraising.
Monerium is an Icelandic fintech company founded in 2015 that issues regulated stablecoins — most notably EURe, an onchain euro — on public blockchains. In 2019 it became the world's first entity to receive an e-money license for blockchain-based token issuance under EU regulations, granted by the Financial Supervisory Authority of Iceland. Monerium is authorised as both an Electronic Money Institution and a Virtual Asset Service Provider and enables Web3-native IBAN payments across Ethereum, Polygon, and Gnosis Chain.
Mussila is an Icelandic EdTech company that teaches children aged 6-10 the fundamentals of music — pitch, rhythm, music reading and theory — through interactive app-based lessons, games and creative tools. Founded in 2015 by Hilmar Þór Birgisson and Margrét J. Sigurðardóttir, the platform uses a Learn, Play, Create & Practice methodology validated in school pilots in Estonia and Iceland, where students showed 20% better content retention. Mussila has won the Nordic EdTech Awards 2019, the Parents Choice Award 2019, and the Academics Choice Award 2020. The company has since expanded into literacy with Mussila WordPlay and is available on iOS and Android.
A full-day game-industry summit at Fantasía in Reykjavík, now in its second year, organised by Game Makers Iceland. Talks from Icelandic and international speakers for game designers, developers, and creative leaders — the anchor event for Iceland's notable gamedev cluster.
SagaNatura is a Hafnarfjörður-based Icelandic biotech company producing premium natural ingredients from Iceland's pristine environment, including high-purity natural astaxanthin from microalgae and wild-grown organic Angelica Archangelica. The company traces its roots to SagaMedica (founded 2000) and KeyNatura (founded 2014), which merged to form the current entity. SagaNatura supplies nutraceutical ingredients to markets in North America and Asia-Pacific, and operates a consumer brand, KeyNatura, sold direct-to-consumer and through distributors worldwide. The company was tracking EUR 23 million in annual sales by 2025 and had been eyeing a potential IPO.
Sidekick Health is a Reykjavik- and Boston-based digital therapeutics company that builds disease-specific care programs delivered through a mobile app, combining behavior-change design, gamification, AI-driven personalization, and clinician oversight to help patients manage chronic conditions such as type 2 diabetes, obesity, cardiovascular risk, and certain cancers. Its programs are sold primarily to pharma companies, payers, and health systems that wrap them around drug therapy or chronic-care pathways, and the company has signed deals with several top-20 pharmaceutical manufacturers to run companion digital programs in multiple therapeutic areas. Founded by two Icelandic physicians, Sidekick is one of the most internationally visible examples of Icelandic health-tech, and together with Kerecis it shows that the country's life-sciences output extends from physical regenerative materials into software-as-medicine.
Iceland's premier startup and entrepreneurship conference founded by Bala Kamallakharan, bringing together Nordic and international founders, investors, and thought leaders in Reykjavik. Known for its intimate, high-quality format with 400+ attendees and strong focus on sustainability, geothermal energy, and ocean tech. Tickets from EUR 200-400.
Tempo Software is an Icelandic-founded project and portfolio management company whose flagship time-tracking product for Atlassian Jira originated at TM Software in Reykjavik in 2007 before spinning off as an independent company in 2015. Tempo's suite covers time tracking, resource planning, roadmapping, and financial management inside Jira, and is used by more than 30,000 companies including one in three Fortune 500 firms. The company has a significant engineering hub in Reykjavik alongside offices in Boston and Montreal.
Treble Technologies has built the world's first cloud-based sound simulation and synthetic audio data generation platform, enabling architects, engineers, car manufacturers, and tech companies to simulate acoustic environments up to 1,000x faster than legacy software. Founded in 2020 by acoustic engineers Dr Finnur Pind and Jesper Pedersen following nearly a decade of research, the Reykjavik startup raised €11M in a Series A round in September 2024, led by KOMPAS VC with participation from Frumtak Ventures, the European Investment Bank, and strategic partners Saint-Gobain & L-Acoustics. Its platform is used by three of the world's five largest tech companies and major global engineering consultancies.
Iceland's largest IT conference and expo at Harpa, organized by Sky (Icelandic Computer Society) with the University of Iceland and Reykjavik University. Multi-track program of talks and an exhibition covering software, AI and emerging tech.