Startup Landscape in Iceland

Iceland has over 8,347 startups across the country. Of these, 598 are funded companies that have collectively raised $5.06B in venture capital and private equity. The country is home to 1 unicorn. A total of 517 investors have participated in 899 funding rounds, with 44 startups securing early-stage funding and 8 raising late-stage funding. In the last five years, 3,164 new companies have been founded, raising over $410M in funding. Startups in Iceland have witnessed 91 acquisitions and 36 IPOs, while 2,674 startups wrapped up operations. Additionally, 81 companies have been founded by women.