Technology Development Fund Overview

The Technology Development Fund, managed by the Icelandic Centre for Research (Rannís), is a competitive fund that issues calls for proposals twice a year to support research and development activities leading to innovation in Icelandic industry. It is open to individuals, universities, business enterprises, and public institutions.

Is Technology Development Fund the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Technology Development Fund, along with a list of other relevant VCs, is available on Hopohopo.io.

Technology Development Fund

VC Fund

Investment focus

Invest in

  • Nordics 1 / 9

Investment role

Lead and follow

Stages

Seed, Series A

First ticket size

ISK 10,000,000 - ISK 30,000,000

How to approach funds like Technology Development Fund

When approaching the Technology Development Fund, emphasize how your project aligns with Iceland's strategic priorities, such as the blue economy, health tech, or digital solutions. Clearly articulate the innovation and commercial potential of your project, detailing specific milestones and co-funding sources. A comprehensive business plan, including market analysis and financial projections, will strengthen your application.

Find the best-fitting investors for your startup

Stop wasting weeks searching for the right investors. Upload your deck and get matched with investors who actually fit your startup — so you can focus on building, not chasing.

Find your investor matches
Investor funnel board

Check the next investor profile