1. 26 Feb 2026

   Series B

   €18.0M

   Cumulative €18.0M

Amounts in EUR, converted at the ECB rate on the event date. Funding totals exclude debt, grants and state aid; rounds whose instrument is not yet established are still counted. Every figure links to its source.

• Funding26 Feb 2026EUR 18.0M

  Reykjavik Geothermal raised EUR 18.0M in Series B, led by Innviðir fjárfestingar II.

  ▸Source: thinkgeoenergy.com

  Read at thinkgeoenergy.com

• Baldur Hauksson

  Chief Technology Officer

• Magnús Dagur Ásbjörnsson

  Chief Executive Officer

What does Reykjavik Geothermal do?

Global geothermal energy developer - delivers clean power, heating and cooling across the value chain from greenfield to operating plants, plus consulting. Track record across five continents; JV TAQA Geothermal.

When was Reykjavik Geothermal founded?

Reykjavik Geothermal was founded in 2008.

Where is Reykjavik Geothermal headquartered?

Reykjavik Geothermal is headquartered in Reykjavik, Iceland.

How much funding has Reykjavik Geothermal raised?

Reykjavik Geothermal has raised €18.0M (across 1 round · last 26 Feb 2026).

What was Reykjavik Geothermal's latest funding round?

Reykjavik Geothermal's most recent disclosed round was a Series B round of €18.0M, announced 26 February 2026.

Who has invested in Reykjavik Geothermal?

Investors in Reykjavik Geothermal include Innviðir fjárfestingar II.