Startup Landscape in Iceland

Iceland has over 8,640 startups across the country. Of these, 606 are funded companies that have collectively raised $5.16B in venture capital and private equity. The country is home to 1 unicorn. A total of 542 investors have participated in 914 funding rounds, with 44 startups securing early-stage funding and 7 raising late-stage funding. In the last five years, 3,213 new companies have been founded, raising over $468M in funding. Startups in Iceland have witnessed 99 acquisitions and 42 IPOs, while 2,673 startups wrapped up operations. Additionally, 80 companies have been founded by women.