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IcelandPlatform

Europe

A public taster of the full Iceland ecosystem on Dealroom — request a demo for live deal flow, founder pedigrees, AI-talent maps, and the full cap table for every company below.

🦄 New unicorns by year
1
Annual $1B+ outcomes, unsmoothed
🐎 Cumulative thoroughbreds
1
Company revenue history, 2016-2025
Enterprise value
$10.9B
Actual EV series, 2015-2025

Largest rounds

Largest funding rounds in Iceland

A live treemap of $100M+ rounds from the Dealroom API. Each cell is one round into a Iceland-headquartered company, grouped by Dealroom sector.

Largest rounds in Iceland - 2026

Every $100M+ VC round into Iceland-headquartered companies in 2026, grouped by Dealroom sector.
- rounds · - raised
Live from Dealroom API Open full VC dashboard

Startup hubs

Inside Iceland: top 1 startup hubs

Sub-national ecosystems ranked by combined enterprise value, paired with their 5-year growth multiplier.

By enterprise value
1 Reykjavík $7.8B
By 5-yr EV growth
1 Reykjavík 6.2×

Startup funnel

Iceland's power-law funnel

From the first cheque written to a $10B+ outcome. Each arrow shows what fraction of companies at one stage graduate to the next, tracked by founding cohort.

Pre-Seed
67
Seed
58
Series A
28
Series B
12
Series C
8
Unicorn
3

* C→Unicorn and Unicorn→Decacorn rates are derived from current counts (no founding-cohort data); the four mid-funnel rates use Dealroom's cohort tracking.

VC investment

How much venture capital flows into Iceland

VC investment into Iceland-headquartered, VC-backed companies, broken down by round size, company location, sector and funding stage. Live from the Dealroom Next Gen API.

Notable companies

Top private companies in Iceland

Up to 20 names per tier from Dealroom's tracked dataset. Decacorns are valued $10B+, unicorns $1B+, thoroughbreds have crossed $100M in revenue.

Unicorns $1B+ valuation 3
AlvotechOculisKerecis
Thoroughbreds+ $100M+ revenue 2
AlvotechControlant

Academia

Iceland's academic flywheel

Companies founded by university alumni or spun out of research, plus the institutions producing the most founders tied to Iceland.

University-linked startup formation
5
University spinouts
72
Total alumni-founded companies
50
Of which startups (<$15M raised)
17
Breakouts ($15M-100M)
5
Scaleups ($100M+)

Location comparison

How Iceland stacks up

Compare Iceland with similarly sized ecosystems in Europe — switch between combined EV, 5-year EV growth, and a growth × size view. Expand the table for the full ranking.

$35.9B
$31.2B
$29.1B
$21.2B
$18.2B
$15.3B
$14B
$12.9B
Iceland
$10.8B

Combined enterprise value of each ecosystem.

Patent intelligence

Iceland startup IP portfolio: 430 patent families

Granted patent families assigned to startups headquartered in Iceland. Aggregated across the country's hub-level filings — Bay Area, Boston, etc. roll up under the United States row, the same way Tokyo and Osaka roll up under Japan.

Granted patent families
430
Filed by tracked startups headquartered in the country.
Top patenting hubs
1 Reykjavík Capital Region 430

Premium analytics

What we don't show on this page (yet)

Sector breakdowns, founder origins, AI-talent leaderboards and live deal flow are gated to logged-in Dealroom users. Book a demo to access the full Iceland dataset — or see a sample on the Dealroom app.

Sector breakdown
Where Iceland's unicorns concentrate
Fintech
AI / Enterprise SW
Health Tech
Biotech
Cybersecurity
Consumer
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Capital autonomy
Iceland's domestic vs foreign capital mix
% domestic VC by stage
Cross-border lead investors
Sovereign-fund participation
Foreign-LP exposure
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Recent momentum
Iceland's VC investment trajectory by stage
2024 vs 2025 by stage
Round-size trends
Stage-conversion deltas
Quarterly velocity
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Founder origins
Where Iceland's startup founders come from
By country of origin
Per capita
Top universities
Top alumni-factory companies
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AI talent
Top employers of AI talent in Iceland
Core AI roles
Frontier AI roles
YoY hiring growth
Senior + lead engineers
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Deal flow
Live deal flow & funding rounds in Iceland
New rounds last 30 days
Stage breakdown
Active investors
Round-size trends
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Get the full Iceland ecosystem on Dealroom

Live company-by-company deal flow, full cap tables, founder pedigrees, hiring signals and revenue trajectories.