Arctic Therapeutics
Artic Therapeutics is an Iceland-based drug discovery and development company that is focused on identifying the genetic underpinnings of both rare and common diseases to develop novel and innovative therapies
Arctic Therapeutics has raised €58M across 3 funding rounds from 12 investors, most recently a round in Oct 2026. Based in Akureyri, Iceland; active in Healthtech. Data as of 28 Oct 2026.
Akureyri, Icelandwww.arctictherapeutics.com ↗
Total raised
€58M
€58,127,766
Funding rounds
3
Investors
12
distinct backers
Active since
2022-12
latest 2026-10
Funding by year
EUR raised per year · 2026 YTDArctic Therapeutics — funding by year — interactive chart.
Data table
| Arctic Therapeutics — funding by year | |
|---|---|
| 2022 | €12M |
| 2025 | €27M |
| 2026 | €19M |
Signals
High confidenceRaise-next likelihood9
base rate 30% for Other
- ▼ Raised very recently
- ▼ Down/flat last round
Exit likelihood21
base rate 11% (2+ rounds)
- ▲ €30M+ raised
- ▲ Recent equity round, but funding momentum is down (may be rescue financing)
Timing: too soon vs cohort gap · momentum down. Funding-only estimates, not predictions and not investment advice — see signals.
Funding rounds
3 rounds| Date | Stage | Amount | Investors | |
|---|---|---|---|---|
| 2026-10-21 | Other | €19M | Kaldbakur,Landvættir,Pekron,Sanos Group | View deal → |
| 2025-01-22 | Series A | €27M | Cerebrum DAO,Chemometec,EIC Fund,Family Offices,Institutional investors,Kaldbakur+3 more | View deal → |
| 2022-12-29 | Grant | €12M | European Innovation Council (EIC) Accelerator Programme | View deal → |
Investors
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