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Technology Development Fund

company

About

The Technology Development Fund is Iceland’s most active early stage financier of research and development projects and startups.

  • 1 - 10

Highlights

Investments
5
Lead Investments
5

Details

Industries
Financial Services,Government
Founded date
Jan 1, 2003
Number Of Employee
1 - 10
Operating Status
Active
Investor Type
Government Office,Venture Capital

The role of the fund is to support research and development activities, which aim towards innovation in Icelandic industry. The Technology Development Fund is a competitive fund which issues its calls for proposals twice a year.

Investments

Number of Investments
Number of Lead Investments
5
5
Technology Development Fund has made 5 investments. Their most recent investment was on Dec 19, 2016, when Aldin Dynamics raised $410K.
Date Company Name
Round Money Raised Industry Lead Investor
Dec 19, 2016 Aldin Dynamics
Grant $410K Gaming Yes
Mar 1, 2016 Authenteq - an FNZ company
Grant €458K Artificial Intelligence Yes
Mar 1, 2016 Aldin Dynamics
Grant kr14.53M Gaming Yes
May 13, 2015 Sidekick Health
Grant $370K Health Care Yes
Mar 1, 2015 Aldin Dynamics
Grant kr29.46M Gaming Yes
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