16 Best Startups in Reykjavik to Watch in 2025

The Definitive Seedtable Ranking of Startups in Reykjavik

We track 71,000+ companies and rank them dynamically using our Seedtable Score – a score that uses quantitative and qualitative data points to signal the momentum behind a company. We then monitor the list manually leveraging our expertise as founders and investors.

There are 16 start-ups with an aggregate funding of $124.5m. The average funding per company in this subset is $7.8m.

Last update to the database: Feb 18, 2025. See changelog.

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9

Funding Rounds

$1.2m

Money raised

Carbon Recycling International is a Kópavogur-based carbon capture company producing methanol for use as an alternative fuel source.

6

Funding Rounds

$28.3m

Money raised

Sound simulation platform and synthetic audio data generation platform.

Location:

Key people:

1

Funding Rounds

$20.0m

Money raised

Sidekick Health has built a gamified digital care platform that targets chronic and lifestyle disease management.

Location:

Key people:

1

Funding Rounds

$760.0k

Money raised

Accordium is an e-signature and workflow automation platform founded in 2017 by Alexander Brix, Andrew Whittaker and Barrington Russell.

2

Funding Rounds

$10.0m

Money raised

Authenteq provides an Omni-Channel identity verification and KYC solution that allows your customers to verify their identity through any channel without compromising their privacy.

4

Funding Rounds

$31.0m

Money raised

GRID is a productivity tool that turns spreadsheets into shareable, interactive web documents.

2

Funding Rounds

$3.0m

Money raised

Laki Power is a research company specializing in eco-friendly power solutions founded in 2015.

2

Funding Rounds

$4.4m

Money raised

We help clubs, coaches, parents, and ultimately the players to better harness the life developing in sports.

1

Funding Rounds

$500.0k

Money raised

Platform providing medical healthcare systems with advanced IT solutions globally.

1

Funding Rounds

$8.0m

Money raised

An award-winning trip planning solution now available for Travel Agencies, OTA's, Airlines, Travel Services and Bloggers/Indie Media.

Location:

Key people:

1

Funding Rounds

$3.6m

Money raised

1939 Games is a studio dedicated to developing WWII-themed video games founded in 2015.

Industries:

Location:

1

Funding Rounds

$2.5m

Money raised

Rocky Road is a Reykjavík-based cinematography company founded by Thor Fridriksson.

Industries:

Location:

Key people:

1

Funding Rounds

$2.5m

Money raised

Moombix is an online music learning platform founded in 2021 by Margret Juliana Sigurdardottir, Aleksandar Arsovski and Svanhvit Fridriksdottir.

1

Funding Rounds

$16.0k

Money raised

Datatracker is a Reykjavík-based company founded in 2012 by Hrafn Eiríksson.

1

Funding Rounds

$8.7m

Money raised

AviLabs is a passenger disruption management platform for airlines founded in 2019.

1

Funding Rounds

$19.3k

Money raised

Admittor is a company founded in 2011.

Location:

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