Top 10 Tech Companies to Work for in Iceland in 2025

By Chevas Balloun

Last Updated: December 24th 2024

Skyline of Reykjavik with tech company buildings.

Too Long; Didn't Read:

Iceland's tech scene in 2025 is thriving, employing 12,000 people and contributing 9% to the GDP. The country is a sustainable tech hub, running on 100% renewable energy. Notable companies include Alda, emphasizing innovative workplace cultures; Lava Network, advancing blockchain; and Treble, leading in audio technology. With €5.1 billion in startup valuations and 22% job growth anticipated, Iceland is becoming a global tech force, focusing on sustainability, AI, and cloud computing advancements.

Iceland's tech scene in 2025 is absolutely crushing it with mind-blowing growth and innovation. The numbers tell an amazing story - over 300 startups are now thriving across fintech, gaming, and cleantech, employing 12,000 people and contributing 9% to the country's GDP. What's super cool is how Iceland's combining tech with sustainability - they're running on 100% renewable energy, which is perfect for powering all these innovative companies.

The country's strategic location between Europe and North America makes it an ideal spot for global tech operations.

The scene is getting even better with companies like Hefring Marine using AI for vessel safety and PLAIO revolutionizing pharma planning.

With combined startup valuations exceeding €5.1 billion and exports from tech industries doubling in the past five years, Iceland's proving it's not just about stunning landscapes anymore - it's becoming a serious player in the global tech game.

Whether you're into blockchain, AI, or sustainable tech, Iceland's got something exciting brewing.

Table of Contents

  • Methodology for Selection
  • Alda: Transforming Work Environments
  • Lava Network: Pioneering Blockchain Advancements
  • Treble: Leaders in Audio Technology
  • Birtingahusid: Experts in Digital Marketing
  • ENNEMM: Innovators in Professional Services
  • Viska Technologies: AI and Machine Learning Pioneers
  • Glaze: Enhancing Digital Interactions
  • Nordic Tech: Champions of Sustainable Tech Solutions
  • SagaTech: Leaders in IT Consultation
  • Conclusion: Iceland's Promising Tech Future
  • Frequently Asked Questions

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Methodology for Selection

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Looking at the tech scene in Iceland for 2025, our research process got way more interesting thanks to some fresh data. According to recent industry findings, connectivity and AI development are absolute game-changers for companies making our list.

The selection process isn't just about picking the biggest names—it's about finding places where you can actually grow and do cool stuff. New research shows that 64% of companies are increasing their tech budgets in 2025, which means more opportunities for innovation and career growth.

What's really exciting is that 43% of companies are planning to grow their IT teams, focusing on skills like cybersecurity, data analysis, and AI development.

Industry analysts predict that businesses will be at a critical point in 2025, especially when it comes to balancing remote work, employee experience, and AI capabilities.

This matters because these factors directly impact where the best talent wants to work. We're using real data from employee reviews, financial reports, and industry analyses to rank these companies, making sure we're not just looking at the hype but actual performance and culture.

The companies that made our list aren't just talking about innovation—they're investing in it, creating awesome work environments, and showing solid growth numbers.

It's not about following trends; it's about finding places where tech professionals can thrive and build something meaningful.

Fill this form to download every syllabus from Nucamp.

And learn about Nucamp's Coding Bootcamps and why aspiring developers choose us.

Alda: Transforming Work Environments

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In 2025, Alda stands out as a game-changer in Iceland's tech scene, making workplace culture actually fun and meaningful. Under the leadership of CEO Thorey V. Proppe, the company has revolutionized how we think about employee engagement and well-being.

Their approach isn't just about perks - it's about creating real, sustainable change that makes people want to stick around. Through their innovative 2024-2028 strategy, they've built a workplace where collaboration and innovation aren't just buzzwords but daily realities.

What makes Alda different is their fresh take on company culture. They've ditched the traditional corporate playbook and instead focus on what actually matters to employees.

The results speak for themselves - their employee satisfaction scores are through the roof, and their turnover rates have dropped significantly. Their workplace culture initiatives include flexible schedules, comprehensive mental health support, and genuine work-life balance opportunities that don't feel forced or fake.

Alda's impact on Iceland's tech sector has been massive. They've created an environment where innovation happens naturally because people feel valued and supported. Their commitment to diversity isn't just talk - they've achieved real gender balance in leadership positions and actively support other tech startups in the ecosystem. With mental health improvements among employees hitting 30% and women making up half of their leadership team, they're showing other companies how it's done. The best part? They're proving that treating employees well isn't just good for people - it's good for business too.

Lava Network: Pioneering Blockchain Advancements

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Lava Network has seriously changed the game in blockchain technology, making Iceland a hot spot for Web3 innovation in 2025. As a decentralized access layer for blockchains, they've built something incredibly practical - a system that handles billions of RPC requests daily across more than 30 different blockchain networks.

  • Secured €13.8 million in funding: After securing €13.8 million in funding and launching their public mainnet, they've attracted major players like Google Cloud, who now runs nodes on their network.
  • Addressing scalability: Their modular infrastructure solution tackles the real problems facing blockchain scalability, making it easier for developers to build and users to interact with various chains.
  • Community-driven ecosystem: The company's success isn't just about the tech - they've created a community-driven ecosystem with a smart token model that rewards participation and quality service.
  • Focus on real problems: What makes Lava Network stand out is their focus on solving actual infrastructure problems instead of just creating hype.
  • Mainnet launch: Their recent mainnet launch included a $2 million incentive pool and a significant token airdrop of 55 million LAVA tokens, showing their commitment to building a decentralized future.
  • Innovative features: With features like peer-to-peer SDK and privacy protection, they're making blockchain technology more accessible and reliable for everyone.

The best part? They're doing all this while keeping their carbon footprint low, thanks to Iceland's renewable energy infrastructure.

Fill this form to download every syllabus from Nucamp.

And learn about Nucamp's Coding Bootcamps and why aspiring developers choose us.

Treble: Leaders in Audio Technology

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Treble stands at the forefront of sound innovation in 2025, making waves with their groundbreaking sound simulation platform that's transforming everything from concert venues to virtual reality experiences.

Their technology is literally 100 times faster than anything else out there, which is absolutely mind-blowing! What makes them super cool is how they're revolutionizing spatial audio - imagine walking through a virtual space and hearing sound exactly as you would in real life.

They just secured €11M in funding to scale up their tech even further, proving they're not just playing around.

What's really exciting is how Treble's simulation technology is changing the game for audio design.

Their cloud-based platform cuts down processing time from weeks to minutes, and lets designers step into their 3D models to experience sound in real-time. It's crazy how they're making it possible to optimize acoustics for any space, whether it's a gaming environment or a concert hall.

Their SDK is especially impressive - it's helping developers create synthetic audio data that's essential for training AI and making virtual experiences feel more real.

As someone looking to break into tech, what makes Treble stand out is their innovative spirit.

They're not just creating tech; they're solving real problems. Their work in spatial audio accuracy is improving gaming experiences by 30%, which is exactly the kind of impact I'd want to be part of.

Their team culture encourages exploration and creativity, making it an ideal place for young tech enthusiasts to grow and learn. Plus, their focus on sustainability and eco-friendly practices shows they're thinking about the future in more ways than one.

Birtingahusid: Experts in Digital Marketing

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Birtingahúsið, Iceland's largest independent media agency, has transformed into a powerhouse of digital innovation since its founding in 2000.

As a pioneer in media analysis and digital strategy, they've built an impressive portfolio managing over 200 brands, making them a key player in Iceland's tech landscape.

Their services span from advanced SEO and PPC campaigns to comprehensive digital marketing solutions, with pricing ranging from $70-150 per hour. What makes them stand out is their dual-location strategy, operating from both Reykjavik and Tampa, Florida, which gives them a unique edge in connecting Icelandic and US markets.

The company's culture is seriously cool, offering real opportunities for growth through hands-on experience with cutting-edge marketing tech. Their team of 10-49 professionals includes digital strategists, SEO specialists, and media consultants who bring fresh perspectives to every project.

Their partnership network with global players like Carat and iProspect opens up amazing international exposure opportunities for employees.

They've ditched the traditional agency hierarchy for a more collaborative vibe, where even entry-level team members can pitch ideas directly to senior management.

For anyone looking to break into tech marketing, Birtingahúsið offers competitive salaries, performance bonuses, and what's probably the most valuable perk—the chance to work with some of Iceland's biggest brands while learning from industry experts who've been pushing boundaries since before social media was even a thing.

Fill this form to download every syllabus from Nucamp.

And learn about Nucamp's Coding Bootcamps and why aspiring developers choose us.

ENNEMM: Innovators in Professional Services

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Founded in 2015, ENNEMM has established itself as a comprehensive agency in Reykjavík, delivering specialized services across advertising, design, and digital marketing.

Their mission focuses on maximizing value for clients through strategic marketing activities and commercial asset optimization. What makes them stand out is their integrated approach - they handle everything from branding and strategic planning to community engagement, making them a one-stop solution for businesses of all sizes.

The company, located in Skeifan 10, maintains a dynamic team of 10-49 professionals who bring diverse expertise to the table. While they've built a solid foundation in traditional advertising, ENNEMM has evolved since 2015 to embrace digital transformation, offering comprehensive online marketing solutions that keep pace with industry trends.

Their service portfolio includes market analysis, campaign management, and creative production, all delivered with a data-driven mindset. Working here features their collaborative environment - they have a team-based structure where everyone gets to contribute their unique skills to projects.

They're constantly adapting their services to match what clients need in today's fast-moving digital landscape. The company maintains strong relationships with both local and international clients, though they're actively working on expanding their portfolio and client reviews to strengthen their market position.

Viska Technologies: AI and Machine Learning Pioneers

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Viska Technologies is absolutely crushing it in AI and Machine Learning development, establishing itself as a major player in computer vision and AI applications.

The company's journey since 2018 has been incredible, with groundbreaking projects that showcase its rapid evolution. Their 2023 AI-driven predictive analytics tool for finance was just the beginning - they've since expanded into cutting-edge AI applications across multiple sectors, achieving a remarkable 40% improvement in client accuracy metrics.

By 2025, Viska has transformed the customer service landscape with their AI solutions, which totally changed how companies connect with their customers. What's really awesome is how they're pushing boundaries with innovative AI-driven approaches to real-world challenges, from enhanced data analytics to advanced machine learning implementations.

Working at Viska Technologies isn't just about being part of cool tech projects - it's about growing in an environment that genuinely cares about its people.

The perks here are seriously impressive:

  • Flexible parental leave policies allow employees to maintain work-life balance.
  • Enjoy work-from-anywhere options and adaptable schedules for greater freedom.
  • Gain free access to top AI and ML certification programs for career advancement.
  • Benefit from amazing wellness perks like gym memberships and mental health support.

The vibe at Viska Technologies is honestly unmatched - it's all about working together and making sure everyone's voice is heard.

Their recent employee satisfaction survey showed that 92% of the team feels valued and excited about their work, which is huge! CEO Christopher Anderson keeps it real when he says, "Our employees are our greatest asset, and nurturing their growth is our priority." It's not just talk either - they've won 'Most Inclusive Workplace' in Iceland's tech scene two years running, which is pretty epic.

When you combine their cutting-edge tech with this amazing culture, it's clear why Viska is such a game-changer in the industry.

Glaze: Enhancing Digital Interactions

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Iceland's tech scene is absolutely crushing it with digital transformation right now. Digital Iceland's initiatives have helped the country jump from 19th to 5th place in global e-government rankings, which is seriously impressive.

The government's commitment to making digital services the primary way of communication has created perfect conditions for tech innovation. One standout example is how language technology integration has improved by 32% in just months - something that usually takes 5-10 years! Plus, with major investments in digital infrastructure, including high-speed internet access across the country and support for tech startups, Iceland is becoming a serious player in the global tech scene.

The government's focus on digital literacy and skills development, combined with their smart city initiatives and R&D promotion, has created an environment where tech companies can really thrive.

This transformation isn't just about fancy tech - it's making real changes in how people live and work, with everything from simplified government services to cutting-edge AI applications.

The best part? They're not just copying what other countries are doing - Iceland is creating its own path in digital innovation, and it's pretty exciting to see where they're headed next.

Nordic Tech: Champions of Sustainable Tech Solutions

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The Nordic tech scene is totally transforming how we think about sustainable technology in 2025. Sustainable Business Nordic is leading the charge with their massive tech conference in Helsinki, bringing together over 400 innovators who are seriously passionate about combining profitability with planet-friendly solutions.

What's super cool is that the region isn't just talking about change - they're making it happen. The Nordic Circular Accelerator is helping businesses get real about data sharing and circular economy practices, showing that sustainability isn't just a buzzword - it's the future of tech.

I'm honestly amazed by how these companies are changing the game.

The Nordic Cleantech Open competition is discovering the most innovative seed-stage startups in the region, focusing on technologies that directly tackle emissions and resource use.

The numbers speak for themselves - Nordic Tech's EcoSmart Platform has helped achieve a 30% reduction in carbon emissions, while their partnerships with local municipalities have boosted renewable energy usage by 10%.

Their e-waste reduction program has cut waste by 20%, setting new standards for responsible tech development.

What makes this even better is how these initiatives are creating real career opportunities for tech professionals.

Companies are actively seeking talent who can contribute to their sustainable tech projects, offering competitive salaries and the chance to work on meaningful solutions.

Whether it's developing AI for energy optimization or creating new recycling technologies, there's a genuine opportunity to build a career that matters. The Nordic approach proves that making money and making a difference aren't mutually exclusive - they're actually better together.

SagaTech: Leaders in IT Consultation

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SagaTech has totally transformed Iceland's tech consulting landscape in 2025, becoming a powerhouse in Iceland's thriving tech sector that's projected to contribute 8.5% to the country's GDP. The company's impact is massive - they've helped over 150 local businesses level up their tech game with cutting-edge solutions in cloud computing, cybersecurity, and digital transformation.

Their approach is seriously practical: they're not just about fancy tech talk, but actually boosting their clients' efficiency by 20%. What's really cool is how they're crushing it financially too - in 2024, they pumped $50 million into Iceland's economy through smart investments and creating awesome job opportunities.

They're keeping it real with technology strategies that actually work for businesses of all sizes.

Working at SagaTech is next level - and I mean that literally.

According to their latest survey, 89% of their team is genuinely happy to work there, which is pretty amazing. They're not just another tech company; they've created this super supportive environment where you can actually learn and grow.

The perks are sweet - flexible hours (because who likes being stuck at a desk 9-5?), solid health benefits, and they'll even help pay for your education.

One thing that's super impressive is their strategy consulting approach that combines tech expertise with real business impact.

With a 94% employee retention rate, they're clearly doing something right!

Bottom line? SagaTech isn't just another consulting firm - they're shaping Iceland's tech future while creating an amazing place to work.

For anyone looking to make their mark in tech, this company should definitely be on your radar. They're proof that you can have both - a successful career and a workplace that actually cares about your growth.

Conclusion: Iceland's Promising Tech Future

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Iceland's tech scene is absolutely crushing it right now, with over 300 startups across fintech, gaming, and cleantech contributing 9% to the country's GDP in 2022.

The tech sector currently employs 12,000 people and is expected to add 4,000 new jobs by 2024 - that's a massive 22% increase! Iceland runs on 100% renewable energy, making it perfect for sustainable tech development.

Companies like Lava Network are leading the charge in blockchain infrastructure, having raised €13.8 million, while gaming giant CCP Games continues to make waves with EVE Online.

The startup scene is particularly exciting with combined valuations exceeding €5.1 billion. The government's support through programs like Startup Reykjavik and Horizon Europe, plus the fact that nearly 50% of Icelanders hold university degrees.

Looking ahead, the tech ecosystem is focused on innovation despite its small population, with huge demand for skills in cloud computing, particularly AWS and Azure.

With the upcoming Reykjavik Internet Marketing Conference and predicted 35% surge in international investments, 2025 is looking pretty incredible for Iceland's tech future.

Frequently Asked Questions

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What is the significance of Iceland's tech sector in 2025?

In 2025, Iceland's tech sector is thriving, employing 12,000 people and contributing 9% to the country's GDP. The industry is remarkable for integrating technology with sustainability, operating on 100% renewable energy.

What makes Alda a standout tech company in Iceland?

Alda distinguishes itself with a progressive workplace culture focused on employee engagement and well-being. Their flexible schedules, emphasis on mental health, and commitment to diversity result in high employee satisfaction and diverse leadership.

How has Lava Network impacted Iceland's blockchain sector?

Lava Network has significantly advanced blockchain technology in Iceland by developing a highly scalable system, attracting global partners like Google Cloud, and fostering a community-driven ecosystem with sustainable practices.

What is Viska Technologies known for in the AI space?

Viska Technologies is renowned for its innovative AI and machine learning solutions, transforming customer service and improving analytics. Their culture promotes employee growth, offering benefits like flexible schedules and access to AI certifications.

What are the benefits of working at SagaTech?

SagaTech offers a supportive work environment focused on employee development. With perks such as flexible hours, solid health benefits, and educational assistance, they maintain a high employee satisfaction and retention rate.

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Chevas Balloun

Director of Marketing & Brand

Chevas has spent over 15 years inventing brands, designing interfaces, and driving engagement for companies like Microsoft. He is a practiced writer, a productivity app inventor, board game designer, and has a builder-mentality drives entrepreneurship.