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Ísfélag hf.

Fisheries and Seafood Processing ~1K employees
Founded
--
Employees (Est.)
~1K
60 leaders known
Total Funding
$32.0M
Funding Rounds
1
Last Funding
2025-06-19

About Ísfélag hf.

Ísfélag hf., founded in 1901, is the oldest operating limited company in Iceland. Based in Vestmannaeyjar, its purpose is to collect and store ice for preserving food and bait, trade in ice and preserved goods, and support improved fishing methods for profitable fish and bait species. The company operates fishing vessels, freezing facilities, fishmeal factories, and shrimp processing plants across several locations in Iceland.

Products & Services

Fishing Operations (Útgerð):Operates four pelagic vessels, one freezer trawler, two demersal vessels, and one longline boat for fishing activities.
Land Processing (Landvinnsla):Manages processing facilities for fish and related products on land.
Products (Afurðir):Offers various fish and seafood products from their operations.
Freezing Houses and Fishmeal Factories:Operates freezing houses and fishmeal factories in Vestmannaeyjar and Þórshöfn for preservation and processing.
Shrimp Processing Factory:Runs a shrimp processing factory in Siglufjörður.
RAMMI FAS:Specific product or service related to fishing or processing (details not fully specified in content).

Specialties

Pelagic and demersal fishing Fish and shrimp processing Fishmeal production Freezing and preservation of seafood

Funding History

Debug: View Raw Funding Data
# Type Amount Fields Date Fields Investors
1 RT: Financing through equity contribution and convertible shareholder loans
T: -
FT: Financing through equity contribution and convertible shareholder loans
A: 32000000
MR: -
FA: NOK 341 million (approximately EUR 29.7 million)
FAN: 32000000
D: 2025-06-19
FD: 2025-06-19
1 investors
Financing through equity contribution and convertible shareholder loans Latest
2025-06-19
$32.0M
1 investor (Pro only)

Growth Metrics

+45%
Employee Growth
YoY
3.2x
Funding Growth
Last Round
12
Markets
Operating
10K+
Customers
Active

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Team & Leadership

S

Stefán Nikulásson

L

Lilja Rut Sæbjörnsdóttir

Payroll Officer in Vestmannaeyjar

E

Elfa Benediktsdóttir

Payroll Officer in Þórshöfn and for Ships

H

Hulda Ósk Ómarsdóttir

Accounting and Payroll in Siglufjörður

B

Björn Brimar Hákonarson

Production Manager

S

Siggeir Stefánsson

Production Manager

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Recent News

Ísfélag hf. Announces New Product Launch

2 days ago

Company unveils innovative solution to transform the industry, expanding market reach and capabilities...

Read more →

Leadership Team Expands with Industry Veteran

1 week ago

New executive brings 20+ years of experience to accelerate growth and strategic initiatives...

Read more →

Company Recognized as Industry Leader

2 weeks ago

Receives prestigious award for innovation and customer satisfaction in competitive market...

Read more →

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Key Competitors

C1

Competitor Alpha

Series B · $50M raised

C2

Competitor Beta

Series C · $120M raised

C3

Competitor Gamma

Series A · $25M raised

C4

Competitor Delta

Seed · $10M raised

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Company Details

Website
isfelag.is
Industries
Fisheries and Seafood Processing
Company Size
~1K employees (est.)

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