European tech funding raised by Iceland startups during 2022.
In 2022, 33 startups in Iceland raised a combined €397M across 35 funding rounds. Software was the most active sector, and Frumtak Ventures was the most active investor. Data as of 6 Jul 2026.
| Other |
| Dec 2022 |
| €16M |
| Arctic Therapeutics | Grant | Dec 2022 | €12M |
| Sidekick Health | Series B | Dec 2022 | €11M |
| Smitten | Series A | Sep 2022 | €10M |
| NeckCare | Other | May 2022 | €7.6M |
| Kara Connect | Other | May 2022 | €6.0M |
| Treble Technologies | Seed | Dec 2022 | €5.5M |
| Hopp | Other | Dec 2022 | €4.4M |
| indó | Seed | Feb 2022 | €4.0M |
| Abler | Seed | Sep 2022 | €3.7M |
| SalesCloud | Other | Feb 2022 | €3.5M |