Notable portfolio companies include As We Grow, Marel, and Vivio. The fund's investment philosophy centers on fostering innovation and technological advancement in Iceland's industrial sector. By providing crucial financial support for R&D activities, the Technology Development Fund plays a vital role in stimulating economic growth and enhancing the competitiveness of Icelandic businesses on the global stage.
Technology Development Fund - Portfolio Snapshot
Portfolio activity breakdown across disclosed investments and stages
Top Investment Stages
Stage Mix
The Technology Development Fund is an Iceland-based financial services firm focused on supporting research and development activities that drive innovation in Icelandic industry. The fund operates on a competitive basis, issuing calls for proposals twice a year. Its investments span various stages, including grants, seed, and Series B rounds, with a particular emphasis on grant funding.
Concentration shown as share of disclosed investments by stage.
Kx Technology Fund focuses on investing in early-stage startups, particularly those in the pre-revenue stage. The fund provides financial support, technological assistance, and logistical aid to allow founders to concentrate on building their technology. Typical investments include pre-seed and other early-stage rounds.
Finance: Public venture capital fund which focuses on leading-edge technological
Kx Technology Fund focuses on investing in early-stage startups, particularly those in the pre-revenue stage. The fund provides financial support, technological assistance, and logistical aid to allow founders to concentrate on building their technology. Typical investments include pre-seed and other early-stage rounds.
Finance: Public venture capital fund which focuses on leading-edge technological