InvestorEmpowering early-stage startups in the Nordics and Baltics.
The startup scene in Iceland
Reykjavík City describes innovation across civic, cultural, and commercial activity. It identifies Fab Lab workshops as a resource for prototyping and digital manufacturing, and describes Hafnar.haus as a large downtown creative space. The city’s published figures list 3,500 square meters and capacity for over 250 people. [44297, 44299, 44298]
About
Reykjavík City describes innovation across civic, cultural, and commercial activity. It identifies Fab Lab workshops as a resource for prototyping and digital manufacturing, and describes Hafnar.haus as a large downtown creative space. The city’s published figures list 3,500 square meters and capacity for over 250 people. [44297, 44299, 44298]
Reykjavík Science City describes a capital-area life-sciences cluster linking research, clinical, and startup organizations. It reports that over 80% of Icelandic life-science firms are in the capital area; for Iceland’s life-sciences sector, it reports 23% five-year growth, annual output of ISK 299 billion, and more than 4,300 employees. [44300, 44301, 44302]
Treble Technologies says it was founded in early 2020 by acoustic engineers Finnur Pind and Jesper Pedersen, develops sound-simulation technology, and is based in central Reykjavík. The company announced an €11 million Series A on September 3, 2024, led by KOMPAS VC, with Frumtak Ventures, the European Innovation Council Fund, and other investors participating. [44303, 44304]
On October 2, 2026, KLAK’s official page marked applications open for Hringiða, a green-solutions accelerator, and KLAK Health, a health-technology accelerator with a five-week duration. A KLAK notice said KLAK Health was scheduled to start on October 21, 2026. The geographic eligibility of these programs was not established on the inspected page; the dated application status does not establish current availability. [44305]
Startup ecosystem standing
Where Reykjavík ranks
| Ranking | Edition | Listed as | Position | Since last edition | Trust | What it measures |
|---|---|---|---|---|---|---|
 Global Startup Ecosystem Index (cities) | 2025 | Reykjavik | #174 | No prior edition | B | Ecosystem, Activity, Finance, Business Climate |
 Emerging Ecosystems Ranking (GSER Top 100) | 2024 | Reykjavik | 91 to 100 | No prior edition | C | Ecosystem, Performance, Finance, Talent |
23 organizations with a profile
Who's based in Reykjavík
Investors 20
Investor
InvestorInvesting in potential through active ownership.
InvestorCatalyzing Iceland's innovation and startup ecosystem.
The 3 most prominent of 20. Browse all investors
Accelerators 2
AcceleratorEmpowering Icelandic entrepreneurs.
AcceleratorEmpowering startups through mentorship and funding.
Venture studios 1
Venture studioIceland's first full-service venture builder.
Pick what describes you
Your way in
Raising in Reykjavík
Investors based here, and the programs that take teams at your stage.
Get investor introsFinding startups in Reykjavík
Accelerators and incubators here see the earliest teams first.
Get startups that fitScouting in Reykjavík
Campuses and communities are where teams form before anyone funds them.
Start scoutingFrom public sources
What the sources say about Reykjavík
TechCrunch describes Kerecis’s fish-skin wound-care product as an example of Icelandic resource-linked innovation.
Source: Iceland’s startup scene is all about making the most of the country’s resourcesThe article identifies external recruiting for AI and scaling talent as a potential challenge for growing Icelandic startups.
Source: Iceland’s startup scene is all about making the most of the country’s resourcesTechCrunch reported Icelandic startups applying technology to existing industries such as fisheries and heavy industry.
Source: Iceland’s startup scene is all about making the most of the country’s resourcesKLAK’s 28 September notice says the next health accelerator starts on 21 October 2026.
Source: KLAK official homeKLAK’s page marked its five-week health-tech accelerator open and links to its application form.
Source: KLAK official homeKLAK’s page marked Hringiða open for applications and links a green-solutions accelerator application.
Source: KLAK official home
Questions about Reykjavík
How does Reykjavík rank as a startup ecosystem?
Its best position is #174 in StartupBlink Index (cities) (2025). It appears in 2 published rankings; the table above lists each one.
How many startup investors are based in Reykjavík?
20 investors based in Reykjavík have a profile here, including Nordic Ignite, Alfa Framtak and Nýsköpunarsjóður - New Business Venture Fund. The real number is higher.
Are there accelerators or incubators in Reykjavík?
Yes. Reykjavík has 2 accelerators and 1 venture studio on record, including KLAK - Icelandic Startups and Reon Ventures.
Superscout Pro
Find faster. Show up verified. Keep your deals private.
$99a year, or $12 a month
Get Pro- Search that narrowsInvestors, programs, accelerators, incubators and studios, by stage, sector and place.
- A verified profileThe people you reach know you are who you say you are.
- A private deal vaultThe startups you are watching, with your notes and your reasons. Nobody else's eyes.
Is this page right?How the research works