NSA Ventures

PayAnalytics ehf develops cloud based software solution that enables human resources managers to conduct their own salary review and analysis. The company was founded in 2017 and is based in Reykjavik, Iceland.

Evolytes is a platform designed to enhance learning results by combining games, literature, and monitoring. To enhance learning results and maintain children's interest, they carry out research and employ psychological theories. Children work in the books, scan the QR codes at the conclusion of each chapter to take the exam, and then they receive rewards. It supports the monitoring section by assisting instructors and parents in keeping track of the child's development.

Hefring Marine, based in Reykjavík, Iceland, specializes in developing a cloud-based telematics and sensory guidance system for vessels. This system enhances safety for crew and passengers by monitoring vessel movements and providing guidance on optimal speeds to navigate challenging conditions, thereby reducing the risk of accidents and damage to equipment. Launched in March 2020, the service operates on a subscription basis and is primarily utilized by tactical and rescue operators, with plans to expand into commercial vessels, yachting, and unmanned surface vessels. Hefring Marine's technology offers real-time monitoring and automated trip reports, fostering improved fleet management and operational efficiency. The company is also focused on advancing its systems to achieve higher levels of autonomy and is developing features that will enhance fuel efficiency, weather routing, stability guidance, maintenance planning, and operator training.

3Z Pharmaceuticals is a research-focused company that specializes in drug development services, particularly in the areas of sleep and epilepsy. Established in 2008 by founders Karl Karlsson and Haraldur Thorsteinsson, the company builds on their previous research conducted at Reykjavik University Neurolab, which explored the sleeping patterns of zebrafish. 3Z Pharmaceuticals provides essential drug screening assays that assess the efficacy and toxicity of potential treatments for neurological disorders, thereby supporting the development of innovative therapies for patients.

Tyme Wear is a smart shirt that helps personalize your training by assessing your metabolic profile from your breathing. The insights offered by the Tyme Wear product conceptualize the physiological limits we aim to push past. We believe accurate data should be available to all athletes.

PayAnalytics ehf develops cloud based software solution that enables human resources managers to conduct their own salary review and analysis. The company was founded in 2017 and is based in Reykjavik, Iceland.

Florealis is a pharmaceutical company focused on providing high-quality herbal medicinal products for health maintenance. The company develops a range of registered herbal medicines designed to address common ailments, including anxiety, sleep disorders, urinary tract infections, and gastrointestinal issues. These products utilize standardized active natural ingredients that have been approved by European health authorities, ensuring their safety and effectiveness. Florealis aims to bridge the gap between unregulated herbal remedies and conventional medicines, offering reliable solutions that meet stringent pharmaceutical industry standards. Their products are accessible without a prescription and are intended for distribution through pharmacies, making it easier for patients to treat mild symptoms and conditions safely.

Kara connect ehf. operates a tele practice platform for healthcare, education, and other services. Its platform connects service providers in education and health care on one hand and patients and organizations on the other for professional help. The company was founded in 2014 and is based in Reykjavík, Iceland.

Hefring Marine, based in Reykjavík, Iceland, specializes in developing a cloud-based telematics and sensory guidance system for vessels. This system enhances safety for crew and passengers by monitoring vessel movements and providing guidance on optimal speeds to navigate challenging conditions, thereby reducing the risk of accidents and damage to equipment. Launched in March 2020, the service operates on a subscription basis and is primarily utilized by tactical and rescue operators, with plans to expand into commercial vessels, yachting, and unmanned surface vessels. Hefring Marine's technology offers real-time monitoring and automated trip reports, fostering improved fleet management and operational efficiency. The company is also focused on advancing its systems to achieve higher levels of autonomy and is developing features that will enhance fuel efficiency, weather routing, stability guidance, maintenance planning, and operator training.

Lauf Forks Ltd. designs, manufactures, and sells suspension bicycle forks for XC hardtails, fat bikes, gravel bikes, and CX bikes. Its bikes are available online; and through distributors and dealers in Iceland and internationally. The company was founded in 2011 and is based in Reykjavík, Iceland.

Ankeri develops cloud based software solution focusing on ship performance from the perspective of charter parties i.e. contracts. Ankeri is a team with extensive experience from over 25 combined years of marketing, designing and developing software products for the shipping industry. Ankeri was founded on 1st December 2016.

Florealis is a pharmaceutical company focused on providing high-quality herbal medicinal products for health maintenance. The company develops a range of registered herbal medicines designed to address common ailments, including anxiety, sleep disorders, urinary tract infections, and gastrointestinal issues. These products utilize standardized active natural ingredients that have been approved by European health authorities, ensuring their safety and effectiveness. Florealis aims to bridge the gap between unregulated herbal remedies and conventional medicines, offering reliable solutions that meet stringent pharmaceutical industry standards. Their products are accessible without a prescription and are intended for distribution through pharmacies, making it easier for patients to treat mild symptoms and conditions safely.

Valka ehf is a company based in Kópavogur, Iceland, specializing in the development and marketing of advanced weighing and grading equipment for the fish processing industry. Founded in 2003, Valka offers a variety of innovative solutions including the RapidFeed infeed control machine, the RapidWeigher automatic multi-head weigher, and the RapidAligner, which grades and packs salmon fillets. Additionally, Valka provides an online fish trading platform called RapidTrade, and several other products designed to enhance productivity and efficiency in fish processing operations. The company also offers consultancy and advisory services related to equipment selection, technical layouts, and software installation. Valka has established a strong international presence, selling its products through resellers in various countries, and directly to customers as needed. With a commitment to innovation, Valka holds multiple patents and continually seeks to improve its offerings to meet the evolving needs of its clients in the seafood industry.

Dohop is an award-winning technology provider founded in Iceland with 15 years’ experience in developing innovative solutions in the field of aviation and travel. Its core technology is focused on creating connecting itineraries. Being at the forefront of digital innovation in the field of interline technology, Dohop has developed solutions for forward-thinking airlines, alliances, and airports all around the globe, including easyJet, Transavia, Eurowings, Jetstar Group, Gatwick Airport, and SkyTeam.

Mint Solutions develops MedEye, a solution for medication and patient safety in hospitals and other healthcare institutions. MedEye helps nurses verify and document all medication administrations to patients. The solution uses computer vision technology to enable the nurse to work faster and more efficiently than other comparable solutions. MedEye integrates with hospital information systems to retrieve information about which medications patients should be getting. MedEye then works with the nurse to make sure that all medication dosages are safely delivered to the patient. Without requiring the nurse to type information or use a computer, MedEye then safely documents all actions and completes the medical history of the patient. MedEye addresses the problem of medication errors in hospitals and healthcare institutions. It is estimated that 1 in 5 medications are given incorrectly in hospitals, causing one medication error per patient per day.

3Z Pharmaceuticals is a research-focused company that specializes in drug development services, particularly in the areas of sleep and epilepsy. Established in 2008 by founders Karl Karlsson and Haraldur Thorsteinsson, the company builds on their previous research conducted at Reykjavik University Neurolab, which explored the sleeping patterns of zebrafish. 3Z Pharmaceuticals provides essential drug screening assays that assess the efficacy and toxicity of potential treatments for neurological disorders, thereby supporting the development of innovative therapies for patients.

Kaptio ehf. is a provider of enterprise Software-as-a-Service solutions tailored for the travel industry, operating primarily in Iceland and the United Kingdom. Founded in 2012, the company offers Kaptio Travel, a comprehensive system designed for travel service providers, including tour operators, hotels, and travel agencies. This platform facilitates the management of the Proposal-to-Operation lifecycle and enhances relationships with customers, suppliers, and agents. Kaptio's solutions are built on the Salesforce Platform, allowing travel companies to move away from outdated systems and improve customer experience while achieving operational efficiencies. Additionally, Kaptio offers various services such as implementation, integration strategy, cloud integration management, and custom application development. The company is headquartered in Kopavogi, Iceland, with additional offices in Heidelberg, Germany, and the United Kingdom.

getsling is an easy to use and free shift scheduling and planning software that helps your business manage shifts and communicate with employees.

Sólfar Studios is founded by three industry veterans that have been working on the cutting edge of online worlds, games and virtual reality for over 20 years. Highly selective on talent and collaborators while keeping a nimble profile, we pride ourselves on an uncompromising commitment to the quality and impact of our productions.​

Kerecis is developing the Kerecis Omega3 fish skin graft technology for use in products to treat chronic wounds, for hernia repair, breast reconstruction and abdominal wall reconstruction. their patented acellular fish skin material improves upon current human and porcine technologies through improved economics and clinical performance, reduced disease transfer risk and absence of cultural constraints on usage.

3Z Pharmaceuticals is a research-focused company that specializes in drug development services, particularly in the areas of sleep and epilepsy. Established in 2008 by founders Karl Karlsson and Haraldur Thorsteinsson, the company builds on their previous research conducted at Reykjavik University Neurolab, which explored the sleeping patterns of zebrafish. 3Z Pharmaceuticals provides essential drug screening assays that assess the efficacy and toxicity of potential treatments for neurological disorders, thereby supporting the development of innovative therapies for patients.

Cooori ehf is an ed-tech company based in Reykjavík, Iceland, specializing in web-based software for language learning. The company leverages artificial intelligence to create a unique platform that tailors learning exercises to individual users, enhancing their language acquisition process. Cooori has developed a neural network that analyzes how individuals learn, enabling the system to determine the most effective exercises to present at optimal times. This technology is grounded in scientific research on human memory and incorporates deep learning techniques. While Cooori primarily targets the B2B English TOEIC market in Japan, its innovative approach has the potential to be applied to a variety of language products.

Brand Regard is a software-as-a-service brand asset management solution for brands and agencies. Brand Regard gives brands and agencies online access to their branding and marketing data, allowing them to easily find, download and distribute these files with colleagues and partner companies and stop wasting time finding files scattered over various computers, FTP drives or DVDs. Brand Regard is based in the cloud and sold as a service, with clients paying a monthly fee according to how many users need access.

Azazo provides information management, handling, and conservation services. It develops CoreData ECM, a suite of software service that helps customers manage their electronic information, documents, and records; and provides professional storage for paper, artwork, and other physical items; and scanning services and secure document destruction. Azazo specializes in the management information, records, projects, meetings, and quality issues; and document management, consulting, software development, data custody, and software implementation. It offers consultancy, custody and recall data, data destruction, etc. Azazo serves a range of customers such as insurance companies, airlines, banks, pension funds, and ministries. Founded by Brynja Gudmundsdottir, Gagnavarslan became Azazo in January 2012, with its headquarters in Reykjanesbær in Iceland with an operation in Ukraine.

ATMO Select ehf. specializes in creating tailored music atmospheres for various sectors, including retail, hospitality, leisure, restaurants, and public spaces across Denmark, Norway, Sweden, Iceland, the Netherlands, and Germany. The company offers consultancy services to develop audio branding strategies that align with client brands and objectives, utilizing customer demographics to craft detailed music profiles. ATMO Select also has a technological platform for streaming music over the Internet and provides a proprietary music box that delivers a closed music streaming solution to businesses. Founded in 2007 and formerly known as Gogoyoko ehf., the company rebranded to ATMO Select in 2014 and maintains its headquarters in Reykjavík, Iceland, with additional offices in Amsterdam, Berlin, and Miami.

Mint Solutions develops MedEye, a solution for medication and patient safety in hospitals and other healthcare institutions. MedEye helps nurses verify and document all medication administrations to patients. The solution uses computer vision technology to enable the nurse to work faster and more efficiently than other comparable solutions. MedEye integrates with hospital information systems to retrieve information about which medications patients should be getting. MedEye then works with the nurse to make sure that all medication dosages are safely delivered to the patient. Without requiring the nurse to type information or use a computer, MedEye then safely documents all actions and completes the medical history of the patient. MedEye addresses the problem of medication errors in hospitals and healthcare institutions. It is estimated that 1 in 5 medications are given incorrectly in hospitals, causing one medication error per patient per day.

Kerecis is developing the Kerecis Omega3 fish skin graft technology for use in products to treat chronic wounds, for hernia repair, breast reconstruction and abdominal wall reconstruction. their patented acellular fish skin material improves upon current human and porcine technologies through improved economics and clinical performance, reduced disease transfer risk and absence of cultural constraints on usage.

AGR Dynamics ehf. provides supply chain management software. It offers AGR, a web based solution that features automatic sales forecasts based on proven statistical methods, automatic order schedules, inventory optimization, creating exception reports to identify items, sales planning, creating purchase plans for future periods to increase vendor collaboration and information sharing, and container optimization. The company also offers Retail Crest, a retail management tool for mobiles or tablets that analyses retail POS data, such as average basket size, hourly sales, number of visitors converted into customers, and more. In addition, it specializes in consulting, implementation, and the maintenance of supply chain management solutions and support in logistics. The company was founded in 1997 and is based in Reykjavik, Iceland with location in the United Kingdom and Denmark.

gogoyoko.com is a music service that allows artists to sell their music directly to fans and allows everyone to listen to all music on the site for free. The service uses a combination of subscriptions and advertising sales to support payments to the artists for streaming. The site is unique in the way it splits revenue with artists and charity, with 40% of advertising and subscription revenue shared directly with artists who stream the most music on the site and 10% going to partner charities. Unlike other music stores online, the site takes a very small cut (10%) of music sales, which means that artists make more money from each sale, which makes the service attractive for local music scenes to support their musicians directly. Also, the site's focus is on the independent music sector and the largest labels on the site are large independents like Matador and XL.

Yaolan New Media Ltd. operates the dominant Chinese language online parenting web portal, community, and education platform www.yaolan.com. Founded in 1999, the company has built the most highly recognized and trusted online parenting brand by offering quality information and education services to pregnant women and parents of 0-6 year-old in China. Currently we have around 2.4 million registered members. Yaolan attracts 400,000 unique visitors daily that account for 3.2 million daily page views.

Mentis Cura ehf, a medical research company, develops neuro-diagnostic algorithms for electroencephalography based diagnostic tools for central nervous system (CNS) related syndromes. The company’s solutions bring physiological evidence for early diagnosis of Alzheimer´s disease and differential diagnosis of dementia diseases. It focuses on CNS dementia diseases and developmental disorders. The company also focuses on the detection of attention deficit hyperactive disorder in children, teenagers, and adults; and develops a tool for tracking the progression of Alzheimer's and monitor treatment responders. Its solutions are used in hospitals, clinics, and doctors’ offices. The company was founded in 2000 and is based in Reykjavik, Iceland.

BioCule provides one and two dimensional nucleic acid microelectrophoresis systems. It offers its systems for the size distribution and relative amount detection of double-stranded DNA, single-stranded DNA, RNA DNA hybrids, crosslinked DNA, and damaged DNA and DNA repair. BioCule's systems also offers information on nucleic acid samples through complex PCR, cDNA synthesis, CHIP-sequencing DNA, NGS sample preparation, and detection of DNA damage either in vivo or in biobank samples. Jon Jonsson founded it in 2000, with its headquarters in Reykjavik in Iceland.

NORDICPHOTOS was established in 2000 in Iceland, and grew rapidly by the acquisitions of legendary, Swedish picture agencies Mira and Tiofoto. Today the direction is mainly contemporary Scandinavian photography, with unique selections of vintage photography by famous and less well known Swedish photographers, and an eclectic blend of foreign image collections. NORDICPHOTOS has offices in Reykjavik and Stockholm and is established world wide by a network of international agencies.

InfoMentor is a prominent provider of cloud-based teaching and learning solutions aimed at fostering the full potential of students. By integrating curriculum planning, pupil assessment, progress analysis, and parental engagement into a single platform, InfoMentor creates an efficient learning environment that connects teachers, students, and parents. This approach enables educators to tailor their teaching to meet the specific needs of their schools while maximizing their time for direct student engagement. The company's mission is to facilitate optimal conditions for learning, ensuring that all pupils can thrive in their educational journeys.