Startup Landscape in Iceland

Iceland has over 8,450 startups across the country. Of these, 602 are funded companies that have collectively raised $5.13B in venture capital and private equity. The country is home to 1 unicorn. A total of 526 investors have participated in 905 funding rounds, with 44 startups securing early-stage funding and 7 raising late-stage funding. In the last five years, 3,185 new companies have been founded, raising over $463M in funding. Startups in Iceland have witnessed 93 acquisitions and 39 IPOs, while 2,674 startups wrapped up operations. Additionally, 80 companies have been founded by women.