🇮🇸 Iceland — New Venture Fund Kria Iceland's Innovation Engine Hrönn Greipsdóttir, CEO

Iceland raised €182.4 million in startup funding in 2025 — nearly fivefold year-on-year growth, and over four times Germany's per-capita VC intensity. The newly merged New Venture Fund Kria sits at the centre of this ambition: backing early-stage founders, anchoring domestic VC funds, and actively pulling in international investors. Greipsdóttir discusses how a 400,000-person island is punching well above its weight — and why pension fund participation is key to sustaining the momentum.

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