Icelandic Technology Development Fund
Investing activity
Icelandic Technology Development Fund appears in 1 AI deal tracked by the Lounge deals desk. The rounds are mostly Seed, with a median round size of $4M. The most recent is SnerpaPower (Seed, €3.4M, Aug 2026).
Icelandic Technology Development Fund most often invests alongside Encevo, Crowberry Capital and BackingMinds, and the companies it backs on Lounge are mostly in AI.
Deals
Frequently asked questions about Icelandic Technology Development Fund
What AI companies has Icelandic Technology Development Fund invested in?
Icelandic Technology Development Fund's AI investments include SnerpaPower. The 1 round on Lounge are listed on this page with amounts, dates and co-investors.
What stage does Icelandic Technology Development Fund invest at?
In the rounds tracked on Lounge, Icelandic Technology Development Fund has invested at Seed, with a median round of $4M.
Who does Icelandic Technology Development Fund co-invest with?
Icelandic Technology Development Fund's most frequent co-investors on Lounge are Encevo (1 deal), Crowberry Capital (1 deal) and BackingMinds (1 deal).
How can founders reach Icelandic Technology Development Fund?
Founders on Lounge can see Icelandic Technology Development Fund's contact details in AI Investor Contacts (paid plans), check for a warm introduction through members who worked with the firm under Warm Paths, and add Icelandic Technology Development Fund to their Investor Pipeline to track the conversation.