European tech funding raised by Iceland startups during 2023.
In 2023, 23 startups in Iceland raised a combined €241M across 26 funding rounds. Gaming was the most active sector, and Brunnur Ventures was the most active investor. Data as of 6 Jul 2026.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Controlant | Other | Nov 2023 | €73M |
| Controlant | Other | Sep 2023 | €37M |
| CCP Games | Other | Mar 2023 | €37M |
| Carbon Recycling International (CRI) | Other | Jun 2023 | €27M |
| Meniga |
| Series D+ |
| Dec 2023 |
| €15M |
| Travelshift | Other | Aug 2023 | €9.3M |
| DTE - Dynamic Technology Equipment | Series A | Jun 2023 | €9.2M |
| Quest Portal | Other | Oct 2023 | €7.2M |
| DTE - Dynamic Technology Equipment | Series A | Dec 2023 | €6.0M |
| Rocky Road Games | Seed | Sep 2023 | €2.8M |
| Laki Power | Other | Aug 2023 | €2.8M |
| Defend Iceland | Grant | Oct 2023 | €2.5M |
| SNERPA Power | Other | Aug 2023 | €2.2M |
| Flygildi | Seed | Sep 2023 | €2.1M |
| PaxFlow | Other | Apr 2023 | €2.0M |