Loading organizations...
Key people at Iceland Venture Studio.
Iceland Venture Studio was founded in 2019 by Bala Kamallakharan (Founder and Managing Director).
Iceland Venture Studio is a Reykjavík, Iceland-based venture fund and studio that invests in and supports early-stage tech startups, primarily focusing on areas such as decentralization of personal data, algorithms, privacy, and process and data security. The firm leverages Iceland for testing and validation while backing global founders from regions including Silicon Valley, Israel, and India, providing funding, mentorship, and growth solutions. It raised $1 million in 2019 and an additional $2 million in 2020, accumulating $3 million in capital. The studio has made $500,000 follow-on investments in portfolio companies like Flow (VR meditation) and RetinaRisk (diabetic retinopathy prediction), managing a portfolio of 6 companies. Key figures include founder and CEO Bala Kamallakharan, also known for Startup Iceland, and co-founder Freyr from Dattaca Labs. Iceland Venture Studio was founded circa 2019 by Bala Kamallakharan.
Iceland Venture Studio has 2 tracked investments across 2 companies. The latest tracked deal is $1.0M Pre-Seed in Soptle in May 2023.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| May 10, 2023 | Soptle | $1.0M Pre-Seed | Faiz Mayalakkara, FCA, WE Founder Circle | Ankur Agarwal, Nyra Ventures |
| Apr 2, 2021 | Nanom | $3.0M Seed | — | EIC Fund, Village Global |
Iceland Venture Studio was founded in 2019 by Bala Kamallakharan (Founder and Managing Director).
Key people at Iceland Venture Studio.
