European tech funding raised by Iceland startups during 2020.
In 2020, 15 startups in Iceland raised a combined €127M across 16 funding rounds. Software was the most active sector, and Asabys Partners was the most active investor. Data as of 6 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Controlant | Other | Dec 2020 | €41M |
| Kerecis | Debt | Aug 2020 | €18M |
| Sidekick Health | Series A | Oct 2020 | €17M |
| Controlant | Series B | Sep 2020 | €13M |
| GRID |
| Series A |
| Aug 2020 |
| €10M |
| Meniga | Growth/Late | May 2020 | €8.5M |
| Lucinity | Series A | Jul 2020 | €5.4M |
| DT Equipment | Series A | Sep 2020 | €4.7M |
| Good Good | Other | Feb 2020 | €2.5M |
| Avo | Seed | Sep 2020 | €2.5M |
| Iceland Venture Studio | Other | Jul 2020 | €1.8M |
| 1939 Games | Other | Apr 2020 | €1.7M |
| indó | Seed | Mar 2020 | €1.0M |
| The One | Pre-Seed | Mar 2020 | €189k |
