# Iceland Venture Studio

Iceland Venture Studio is a Venture Capital based in Reykjavik, Iceland.

## Overview

- **Organization type:** Venture Capital
- **Headquarters:** Reykjavik, Iceland
- **Region:** Europe
- **Address:** Reykjavik, Iceland
- **Founded:** 2019
- **Assets under management:** Undisclosed
- **Website:** icelandventurestudio.com
- **LinkedIn:** https://linkedin.com/company/iceland-venture-studio

## Regulatory record

- **Reports private funds:** No

## About

Iceland Venture Studio transforms ideas into sustainable decentralized businesses. They are founders who build companies with founders, taking an active role in mentoring and coaching on technology, strategy, business development, team development, recruiting and operations. They offer a Developer's Ecosystem of multi-disciplinary talent and a Capital Ecosystem of VCs and angels, sitting on the side of the founder to help build and scale companies.

## Sectors

- Decentralization; personal data, privacy and security

## People

- Bala Kamallakharan — Founder
- Freyr Hólm Ketilsson — Founder
- Magnús Bjarnason — Investment Board
- Dr. Ari Jonsson — Investment Board
- Ingrid Vanderveldt — Investment Board
- Bre Pettis — Investor

## Questions

### What is the investment strategy of Iceland Venture Studio?

Iceland Venture Studio pursues a blended early-stage venture and private equity buyout strategy. It invests across Seed, Start-up, and Growth stages, scanning both company formation and later-stage control opportunities. This dual mandate is less common in the compact Icelandic market, where most domestic managers specialize in a single stage.

### How does Iceland Venture Studio source its deals?

Deal sourcing details are not publicly disclosed. Given the firm's Reykjavik headquarters and the small, tightly networked nature of the Icelandic business community, it is reasonable to infer that proprietary flow originates from local founder networks, professional service referrals, and direct outreach within the domestic ecosystem.

### What is the geographic focus of Iceland Venture Studio?

The firm is headquartered in Reykjavik, Iceland. While its mandate is not formally restricted to Icelandic companies in available public information, the practical gravitational pull of the local market makes domestic Icelandic deals the natural center of its investment activity, possibly supplemented by selective Nordic or pan-European co-investments.

### Who runs investment decisions at Iceland Venture Studio?

The named principals responsible for investment decisions are not listed in any publicly sourced material available to date. The firm does not appear to maintain a public-facing team page, press presence, or active LinkedIn profile disclosing its leadership structure.

## Related profiles

- [Ice Lake Capital](https://altss.com/profile/ice-lake-capital)
- [Iceni Capital](https://altss.com/profile/iceni-capital)

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Last updated: 2026-08-11T15:07:05.535Z

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