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Arion Bank

Europe, Gullbringusysla, Iceland, Reykjavík

Description

Arion bank offers financial services to companies, institutional investors, and individuals.

Investor Profile

Arion Bank has backed more than 5 startups, with 2 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 0 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Convertible Note, Debt Financing rounds (top funding stages).
  • Majority of deals are located in Iceland.
  • Strong thematic focus on Seafood, Developer APIs, Internet.

Stage Focus

  • Seed (40%)
  • Convertible Note (20%)
  • Debt Financing (20%)
  • Post Ipo Debt (20%)

Country Focus

  • Iceland (100%)

Industry Focus

  • Seafood
  • Developer Apis
  • Internet
  • Internet Of Things
  • Mobile
  • Software
  • Supply Chain Management
  • Fintech
  • Rental
  • Gamification
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Arion Bank frequently co-invest with?

Nordea
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 1
Landsbankinn
Europe, Gullbringusysla, Iceland, Reykjavík
Co-Investments: 2
DNB
Europe, Oslo, Norway, Oslo
Co-Investments: 1
Startup Reykjavik
Europe, Gullbringusysla, Iceland, Reykjavík
Co-Investments: 1

What are some of recent deals done by Arion Bank?

Kaldvik

Eskifjörður, Sudur-Mulasysla, Iceland

Kaldvik is a fishing company that provides fish farming and foods.

FarmingFood and BeverageSeafood
Post Ipo DebtJun 4, 2025
First Water

Kópavogur, Gullbringusysla, Iceland

First Water's creative approach to sustainable aquaculture is transforming the salmon farming sector.

Seafood
Debt FinancingDec 9, 2024
Amount Raised: $84,443,234
Controlant

Reykjavík, Gullbringusysla, Iceland

Controlant is a supply chain company for heavily regulated industries such as pharmaceuticals & life sciences and food & beverage sectors.

Developer APIsInternetInternet of ThingsMobileSoftwareSupply Chain Management
Convertible NoteMar 3, 2020
Amount Raised: $10,000,000
Leiguskjo

Reykjavík, Gullbringusysla, Iceland

Leiguskjol is a fintech company focusing on solutions for the rental market.

FinTechRental
SeedDec 5, 2019
Amount Raised: $670,000
Study Cake

Reykjavík, Gullbringusysla, Iceland

Study Cake is a publisher focused on making reading and learning fun.

GamificationReading Apps
SeedJul 1, 2015
Amount Raised: $15,087