European tech funding raised by Iceland startups during 2016.
In 2016, 14 startups in Iceland raised a combined €26M across 15 funding rounds. Healthtech was the most active sector, and Frumtak Ventures was the most active investor. Data as of 6 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Meniga | Series B | Jul 2016 | €7.3M |
| GreenQloud | Early VC | Jul 2016 | €3.6M |
| TripCreator | Seed | Nov 2016 | €3.6M |
| Kaptio | Early VC | Feb 2016 | €2.4M |
| KeyNatura |
| Seed |
| Feb 2016 |
| €2.2M |
| Tulipop | Series A | May 2016 | €1.8M |
| Sidekick Health | Early VC | Dec 2016 | €1.4M |
| Data Dwell | Early VC | Jun 2016 | €1.1M |
| DTE - Dynamic Technology Equipment | Seed | Apr 2016 | €1.0M |
| Solid Clouds | Early VC | Apr 2016 | €737k |
| 3Z Pharmaceuticals | Seed | Jun 2016 | €400k |
| 3Z Pharmaceuticals | Early VC | Apr 2016 | €351k |
| Wasabi Iceland | Seed | Jan 2016 | €348k |
