European tech funding raised by Iceland startups during H2 2023.
In H2 2023, 13 startups in Iceland raised a combined €162M across 15 funding rounds, down 46.7% versus H2 2022. Cybersecurity was the most active sector, and Existing Shareholders was the most active investor. Data as of 9 Jul 2026.
3 exits.
| Company | Stage | Date | Amount |
|---|---|---|---|
| Controlant | Other | Nov 2023 | €73M |
| Controlant | Other | Sep 2023 | €37M |
| Meniga | Series D+ | Dec 2023 | €15M |
| Travelshift | Other | Aug 2023 |
| €9.3M |
| 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 |
| Keystrike | Other | Nov 2023 | €913k |
| Leviosa | Other | Dec 2023 | €905k |
| Sundra | Seed | Sep 2023 | €234k |