Best High Tech Companies in Iceland
The 45 best High Tech companies in Iceland in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CCP Games.
Our analysis of 1,127 High Tech companies
$222.2b in tracked funding; 89% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best High Tech companies in Iceland
| # | Company | Disclosed funding | Last round | Employees | Founder | Tech stack | Web popularity | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | CCP Games Developer of science fiction massively multiplayer online role-playing and strategy games | $106M | 41 mo ago | 6 | Hilmar Veigar Pétursson | ContentfulApple iCloud MailSalesforce+24 | Top 5M | — |
| 2 | Controlant Provider of real-time visibility platform and monitoring services for pharmaceuticals | $67M | 21 mo ago | 15 | Trausti Thormundsson Co-Founder & Co-CEO | ContentfulApple iCloud MailMicrosoft 365+23 | Top 5M | 1 launch |
| 3 | Lucinity Provider of a platform for financial crime investigation and prevention | $26M | 49 mo ago | 71 | Gudmundur Kristjansson Founder & CEO | PrismicApple iCloud MailMicrosoft 365+27 | Top 10M | — |
| 4 | Treble Provider of a VR and cloud-based sound simulation platform | $20M | 18 mo ago | 31 | Jesper Pedersen Co-Founder | PrismicNode.jsRadix UI+13 | Top 5M | — |
| 5 | Authenteq Networked automatic customer identity verification platform for marketplaces | $6M | 91 mo ago | 12 | — | — | — | — |
| 6 | Solfar Studios VR game development studio based in Iceland | $3M | 129 mo ago | 3 | — | — | — | — |
| 7 | ENVELOP NFT-based network for payment and crypto storage | $2M | 58 mo ago | 11 | Alexander Kuzin Co-Founder | YouTubeReactTwitter Ads+9 | Top 5M | — |
| 8 | Silent Flyer Provider of autonomous drones | $2M | 34 mo ago | — | Hjalti Hardarson Co-Founder & CEO | — | — | — |
| 9 | Imperium Empires Developer of real-time strategy game based on blockchain technology | $2M | 54 mo ago | — | Leo Tan Co-Founder | — | — | — |
| 10 | Taktikal Identity verification management solutions for businesses | $2M | 55 mo ago | 12 | Bjarki Ingason Co-Founder | WebflowCloudflare TurnstilereCAPTCHA+13 | Top 50M | — |
| 11 | Monerium Stable coin backed by fiat currency | $2M | 91 mo ago | 15 | Sveinn Valfells Co-Founder & CEO | JekyllSentryRuby+18 | Top 10M | 1 launch · 2 partnerships |
| 12 | Nanitor Provider of continuous threat exposure management platform for IT infrastructure | $2M | 50 mo ago | 20 | Gunnar Leo Gunnarsson Co-Founder & CEO | Node.jsAmazon Web ServicesAzure+22 | Top 50M | 2 partnerships · 2 awards |
| 13 | Aldin Virtual reality software development company | $1M | 97 mo ago | 11 | Hrafn Thorisson Co-Founder & CEO | PrismicNode.jsReact+8 | Top 10M | — |
| 14 | MureVR Completely immersive office space | $183K | 140 mo ago | — | Diorik Steinsson Founder & CEO | — | — | — |
| 15 | eTactica Energy management systems for buildings | $171K | 104 mo ago | 5 | — | — | — | — |
| 16 | Tracio Technologies Blockchain-based food traceability solution | $150K | 81 mo ago | 4 | Stefan Jones Co-Founder | — | — | — |
| 17 | Svarmi Provider of geospatial intelligence using aerial data and ground sensors | $113K | 86 mo ago | 15 | Kolbeinn Hilmarsson Co-Founder & CEO | — | — | — |
Top 12 High Tech companies in Iceland
#1
Series A · Reykjavik, Capital Region · founded 2020 · 31 employees$20Mraised▾
Provider of a VR and cloud-based sound simulation platform. It enables designers and engineers to model soundscapes and visualizes audio-visual virtual renderings of building acoustics, cloud computing, and simulation science. Its simulation algorithms can capture multiple sound phenomena by employing ray-tracing technology.
- Feb 2025Series A—
- Sep 2024Series A$12.2M
- Jan 2023Grant (prize money)$2.7M
- Dec 2022Grant (prize money)$2.6M
#2
Series C · Reykjavik, Capital Region · founded 2007 · 15 employees$67.5Mraised▾
Provider of real-time visibility platform and monitoring services for pharmaceuticals. The platform offers insights and automated workflows to optimize supply chain agility and resilience. It facilitates real-time monitoring, customized notifications, and detailed data review for end-to-end supply chain performance. The platform also automates supply chain processes and provides insights into logistics, including advanced analytics to improve performance. The solution is compliant for pharmaceutical use cases, providing automatic reporting for audits and compliance purposes.
#3
Acquired · Reykjavik, Capital Region · founded 1997 · 6 employees$106.3Mraised▾
Developer of science fiction massively multiplayer online role-playing and strategy games. The business creates virtual worlds with persistent universes for players. It offers titles across multiple platforms, including PC and mobile devices. The business provides ongoing content updates and expansions for its games.
#4
Series B · Reykjavik, Capital Region · founded 2018 · 71 employees$26Mraised▾
Provider of a platform for financial crime investigation and prevention. The platform offers case management, an AI agent, customer data integration, and regulatory reporting tools. It facilitates transaction monitoring and configuration of financial crime systems. The platform automates evidence gathering, analysis, and narrative creation. It also streamlines the generation and submission of regulatory reports.
- Jul 2022Series B$17M
- Jul 2020Series A$6.1M
- Jan 2020Grant (prize money)—
- Jun 2019Seed$2M
#5
Seed · Reykjavik, Capital Region · founded 2012$2.2Mraised▾
Developer of drones designed to solve the problems of surveillance. The company's drones combine silent flight and bird-like appearance with vertical take-off and landing (VTOL) capabilities, enabling clients to get environmentally friendly, noise-reduced UAVs that can operate in turbulent weather conditions.
#6
Acquired · Reykjavik, Capital Region · founded 2015 · 12 employees$6.5Mraised▾
Networked automatic customer identity verification platform for marketplaces. It verifies the identities of users and sellers for transactions on marketplaces. ID verification is done automatically using its proprietary technology by comparing the ID and a recent photo with face recognition technology.
- Jan 2019Series A$5M
- Nov 2017Seed$1.3M
- 2015Seed$166K
- 2015Seed$23K
#7
Seed · Central and Western, Hong Kong Island · founded 2021$2.1Mraised▾
Developer of real-time strategy game based on blockchain technology. The company's Play-To-Earn (P2E) game is based on MMO space metaverse is based on avalanche blockchain technology.
- Jan 2022Seed$2.1M
- Dec 2021ICO$3M
#8
Seed · Kopavogur, Capital Region · founded 2013 · 20 employees$1.7Mraised▾
Provider of continuous threat exposure management platform for IT infrastructure. The platform offers visibility, prioritization, and solutions for assets and compliance. It streamlines inventory, guidance, filtering, health scoring, and software management. The platform collects data on assets in real-time, filtering it through technical policy and compliance frameworks. It compiles information on security issues, providing a visual overview.
- May 2022Seed$1.7M
- 2018Seed—
#9
Funding Raised · Singapore, Central Region · founded 2020 · 11 employees$2.5Mraised▾
NFT-based network for payment and crypto storage. It enables users to create an NFT, wrap it with collateral, and sell. Users can create cases themselves, further expanding the metaverse. It also monitors the market activity from different sources, providing an objective picture of the market in real-time.
- Oct 2021ICO$2.5M
#10
Seed · Reykjavik, Capital Region · founded 2017 · 12 employees$2Mraised▾
Identity verification management solutions for businesses. It helps businesses to automate onboarding processes, KYC, and regulatory compliance changes. It also helps companies redesign and automate processes to reduce operational risk and improve the customer experience. It provides digital signature solutions that offer options for sending the signed document via email, download, or integration with other systems.
- Jan 2022Seed$2M
#11
Seed · Reykjavik, Capital Region · founded 2014 · 3 employees$2.7Mraised▾
Solfar studios is a VR game development studio based in Iceland. The company has developed multiple VR games including "Godling" (puzzle exploration game for Playstation VR), "In Death" and "Everest VR" (Mount Everest experience for HTC Vive). The games are available on Oculus Store, Steam and PlayStation Store. It generates revenue through paid games.
- Nov 2015Seed$2.2M
- Apr 2015Seed$500K
#12
Seed · Reykjavik, Capital Region · founded 2015 · 15 employees$2Mraised▾
Stable coin backed by fiat currency. It provides an asset-backed, regulated, and redeemable e-money.
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of High Tech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Semiconductors is moving in Iceland
A read on the academic research around Semiconductors — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 0 Iceland-affiliated papers.
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Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.