Iceland Startups and Tech Companies
Iceland is home to 19 startups and tech companies across 3 major industries, with Reykjavik as one of the leading hubs. Teams in the directory range from 1 to 1000 employees, giving the page coverage from early-stage startups to larger scaleups.
Companies
19
Top Industries
BioTech, FinTech, HealthTech
Top Cities
Reykjavik, Isafjordur, Keflavik
Avg Founded
2016
Why Iceland matters in the Nordic startup ecosystem
This page is designed to answer searches for Iceland startups, not just list company names. It highlights where the ecosystem is deepest, which sectors show the strongest concentration, and which city hubs drive the most visible company activity.
In the current directory snapshot, Iceland stands out through BioTech, FinTech, HealthTech and especially through cities such as Reykjavik, Isafjordur, Keflavik. Use the industry links below to move into narrower market segments without losing the country-level context.
Explore by Industry in Iceland
Jobs Layer
Tech jobs in Iceland
The jobs layer currently surfaces 4 roles across 3 companies in Iceland, all linked back to their source careers pages.
Top Startup Cities in Iceland
Kerecis
Grafts minimally processed wild-cod skin onto wounds and burns, leveraging its omega-3-rich structure to recruit the body's own cells for tissue regeneration without synthetic materials.
Controlant
Provides end-to-end cold-chain visibility for pharmaceutical shipments using IoT loggers and a cloud platform that tracks temperature, location, and compliance from factory to patient.
Sidekick Health
Multi-chronic digital therapeutics platform that uses gamified care programs to drive patient engagement and measurable clinical outcomes across chronic diseases at scale.
Lucinity
Combines human-centered design with AI to help compliance teams at banks and fintechs investigate suspicious transactions faster, cutting false-positive noise in anti-money-laundering workflows.
Algalif
Operates large-scale microalgae cultivation facilities in Iceland, supplying B2B buyers with natural astaxanthin and other high-purity bioactive ingredients for nutraceutical and functional food markets.
Genki Instruments
Builds gesture-based music controllers — including the Wave ring that translates hand movements into MIDI effects — letting performers shape sound through motion rather than knobs and sliders.
Treble Technologies
Brings physics-based acoustic simulation to architects, game studios, and AV engineers, letting them hear how sound behaves in a space before it is built or rendered.
Atmonia
Electrochemical process that produces ammonia from air and water at ambient conditions, eliminating the fossil fuels and extreme heat required by conventional Haber-Bosch plants.
Indó
Iceland's fully digital bank offering fee-free transactions at home and abroad, competitive savings rates, and instant card issuance — all managed from a single app with no branch visits required.
DTE
Deploys sensor hardware that reads the elemental composition of molten and solid metals in real time, giving smelters and recyclers instant quality control without lab-sample delays.
GreenBytes
Software platform that gives restaurants and retailers real-time visibility into food surplus, using AI to forecast demand and cut waste before it happens.
Alvotech
Biopharmaceutical company focused on development and manufacturing of biosimilar medicines.
Meniga
Digital banking software company delivering personalization, transaction enrichment, and customer engagement capabilities.
PLAIO
Visual planning software for pharmaceutical operations, combining planning expertise with predictive AI workflows.
AviLabs
Aviation software company behind Plan3, a passenger disruption management platform used by airlines.
Carbon Recycling International
Climate technology company converting CO2 and green hydrogen into renewable methanol through emissions-to-liquids technology.
Optise
AI-powered B2B website insights startup focused on conversion, discoverability, and performance optimization guidance.
Moombix
Online music learning marketplace connecting students and teachers for live remote music instruction.
Prescriby
Digital treatment management platform supporting safer prescribing and tapering of high-risk medications.
Frequently Asked Questions
How many tech companies are in Iceland?
Iceland currently has 19 companies listed in Silicon Valhalla.
What are the top tech industries in Iceland?
Iceland's largest industries are BioTech, FinTech, HealthTech.
Which cities in Iceland have the most tech companies?
Top cities include Reykjavik, Isafjordur, Keflavik.