Nýsköpunarsjóðurinn Kría

An Icelandic investment fund established in 2025 through the merger of the New Business Venture Fund (Nýsköpunarsjóður atvinnulífsins) and Kría. It is an evergreen fund owned by the Icelandic government that invests in seed and early-stage companies, provides convertible loans, and invests in other funds. The fund targets sectors like technology, life sciences, and creative industries to foster sustainable and competitive businesses with growth potential. It aims to support innovation where there is a perceived market failure, without directly competing with private investors.