Iceland startup ecosystem
The directory currently lists 42 organisations across 3 cities.
Showing 21–40 of 42 Iceland
Cities in Iceland
Types in Iceland
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Halldór Snær Kristjánsson
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.
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Handpoint
Handpoint is an embedded payments technology company with an office in Reykjavik, Iceland, alongside offices in the UK, US, and Spain, that helps SaaS businesses and financial institutions build payment solutions covering card terminals, face-to-face payments across North America, Europe, and South Africa, an e-commerce suite for Europe, and real-time payments data via its APIs.
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Iceland Innovation Week 2026
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.
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Iceland Innovation Week 2027
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.
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Iceland Ocean Cluster
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.
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IGC 2027 - Iceland Geothermal Conference
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.
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Kerecis
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.
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KLAK – Icelandic Startups
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.
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Lucinity
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.
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Meniga
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.
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MicroConf Europe 2026
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.
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Monerium
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.
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Mussila
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.
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Optitog
Optitog (Optitog ehf.) is a Reykjavik-based fishing gear technology company, headquartered at the Ocean Cluster House, developing the Virtual Trawl, a patented light-beam system that herds prawn off the seafloor with less than 0.5% bottom contact, replacing conventional trawl doors and ground gear. The technology reduces towing resistance and fuel consumption, cuts unwanted bycatch, and avoids seafloor habitat damage compared with conventional bottom trawling for prawn fisheries.
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PayAnalytics
PayAnalytics is a Reykjavik-founded pay equity software company, co-founded in 2016 by Dr. Margret Vilborg Bjarnadottir, that helps HR teams identify and close pay gaps through pay equity analysis, EU Pay Transparency Directive compliance workflows, value-based job comparison, workforce diversity analytics, and customized remediation recommendations. The company was acquired by compensation management company beqom in December 2023 and continues to operate under the PayAnalytics brand as part of the beqom group.
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Reykjavik Game Summit 2026
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.
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SagaNatura
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.
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Sidekick Health
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.
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Startup Iceland 2026
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.
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Tempo Software
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.
