Top 13 Tech Startups from Iceland You Need to Know About in 2016

by Klaudia Migdal 1,713 views0

Known for its beautiful landscapes and remote attractions, Iceland has become a top holiday destination in the past few years. But the country may soon be known for more than just its mesmerizing lights and breathtaking waterfalls.

Though its number of inhabitants—330,000 at last count—may sound paltry, this compact Nordic country has a lot to offer in terms of innovative tech offerings. The following are 13 startups from Iceland you need to know about in 2016.

13. Greenqloud

Source: greenqloud.com.
Source: greenqloud.com.

Greenloud develops QStack—a comprehensive, flexible cloud management software that simplifies the deployment of private, hybrid, or public clouds.

12. TripCreator

Source:
Source: tripcreator.com.

Spurred by Iceland’s booming tourism industry, various travel-related startups have risen up to the occasion. One of these upstarts is TripCreator—a website that helps users plan and customize trips for a more personalized experience, enabling them to book a hotel or rent a car with one click. The service is available for many countries in Europe.

11. Mure VR / Breakroom

Source: murevr.com.
Source: murevr.com.

Mu VR develops Breakroom—a virtual reality workspace environment for reducing stress and increasing productivity. The offering is augmented with a noise-cancelling headphones and a virtual reality headset, enabling users to fully immerse in the environment and work on multiple screens.

10. CrankWheel

Source: crankwheel.com.
Source: crankwheel.com.

With its 10 second setup and streamlined, no-hassle interface, CrankWheel makes screen sharing easy and accessible on all devices. The offering is free for individual use, with corporate/enterprise plans to boot.

9. Sling

Source: getsling.com.
Source: getsling.com.

Akin to a digital bulletin board for companies, Sling is a platform for managing work shifts and communications, allowing employees to easily schedule, message, and communicate with their colleagues. The future is looking bright for this Reykjavík-based startup: it just signed a $2.5 million licensing deal with an undisclosed American company.

8. Blendin

Source: blendin.is.
Source: blendin.is.

Blendin is a social network design to be more personalized, reduced to small circle of friends. Using the smartphone’s location, the app provides information regarding what local events and venues the users’ friends are at.

7. Levo

Source: levo.is.
Source: levo.is.

Levo is developing software to bridge the gap between computers and users through gesture-based interaction. With input from its Myo armband, the solution allows those who regularly get their hands dirty to still navigate and retrieve digital information.

6. Datadrive

Source:
Source: datadrive.is.

Datadrive has developed a platform for connecting mobile devices to automobiles, complete with a marketplace for car-related services. The company’s team has over 15 years of M2M and float control experience and has won numerous national awards in the field of traffic safety, as well as an international patent for its driving behavior analysis technology.

5. Data Smoothie

Source:
Source: datasmoothie.io.

Data Smoothie provides market research insights through its data management and visualization platform: the app allows users to automatically calculate and generate weights, pivot tables, correlations, and other useful statistics tailor made per industry, as well as share this information through beautiful visualizations that work on both desktop and mobile devices.

4. Meniga

Source:
Source: meniga.com.

Meniga is a white label personal finance management app primarily used by banks and financial institutions to enable customers to better manage their finances. The company is already developing solutions for an array of global banks such as Santander and ING.

3. Authenteq

Source:
Source: authenteq.com.

Authenteq uses various forms of non-traditional authentication—photo, ID, device DNA, biometric ID, social footprints, and more to increase trust and transparency in communications and transactions between users. The platform provides authentication services for just about any type of marketplace, website, or online community, and can be accessed with its API or through a plugin.

2. Plain Vanilla Games

Source: play.google.com.
Source: play.google.com.

This uber-successful game studio based in the capital city of Reykjavík is the brains behind QuizUp—purportedly the fastest growing game for iPhone/Android devices. The company boasts a total equity funding of $40 million to date.

1. Watchbox

Source:
Source: watchboxapp.com.

Watchbox is a social app that allows for the sharing of photos and videos to groups, as well as the embedding of channels on websites. The startup was recently featured on the popular product curation website Product Hunt.

Tiny but big, frigid but hot with innovation, Iceland holds a plethora of opportunities for both investors and tech entrepreneurs. Be sure to keep the region on your radar as local tech upstarts break into global markets with fresh products and services that rival the best from Silicon Valley.

 

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