How much has Arctic Therapeutics raised?

Arctic Therapeutics has raised $21.5M in one sourced round on record, announced October 21, 2026.

Who invested in Arctic Therapeutics?

Investors on record for Arctic Therapeutics: AxUM Securities, Cerebrum DAO, EIC Accelerator, European Innovation Council Fund, Kaldbakur, Nancy Lurie Marks Family Foundation, Pekron Family Office, Sanos Clinic and 1 other. AxUM Securities led its latest sourced round.

Who founded Arctic Therapeutics?

Arctic Therapeutics was founded by Hakon Hakonarson and Ivar Hakonarson.

Where is Arctic Therapeutics based?

Arctic Therapeutics is based in Reykjavík, Iceland.

Arctic Therapeutics

Arctic Therapeutics is a drug discovery and development company that focuses on identifying genetic causes of major diseases.

Health and bio

Latest funding

$21.5M · October 21, 2026

Led by AxUM Securities · Source: morningstar.com

Funding history ↓

Website: arctictherapeutics.com.

LinkedIn: linkedin.com.

Category: Health and bio.

Sectors: Biopharma, Biotechnology, Genetics, Medical, Pharmaceutical.

Based in: Reykjavík, Iceland.

Last round: Oct 21, 2026 · 2 days ago.

Domain age: 10 years.

On Recent Funding since: Oct 22, 2026.

About Arctic Therapeutics

Arctic Therapeutics is a company based in Reykjavík, Iceland. Recent Funding lists it under Health and bio. It raised $21.5M in a funding round in October 2026, led by AxUM Securities, according to morningstar.com. Investors on record include Cerebrum DAO, EIC Accelerator, European Innovation Council Fund, Nancy Lurie Marks Family Foundation and 1 other. It was founded by Hakon Hakonarson and Ivar Hakonarson.

Funding rounds

October 21, 2026
Round · $21.5M
AAxUM Securities (lead), KKaldbakur (lead), PPekron Family Office (lead), SSanos Group (lead)
Source: morningstar.com
December 14, 2015
Website created

Founders and team

HH
Hakon Hakonarson Founder
IH
Ivar Hakonarson Founder
ÁK
Ásbjörn Kristbjörnsson Chief Information Officer
GA
Gulli Arnason Chief Strategy Officer

Investors

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Questions and sources

Arctic Therapeutics: questions and answers

How much has Arctic Therapeutics raised?: Arctic Therapeutics has raised $21.5M in one sourced round on record, announced October 21, 2026.
Who invested in Arctic Therapeutics?: Investors on record for Arctic Therapeutics: AxUM Securities, Cerebrum DAO, EIC Accelerator, European Innovation Council Fund, Kaldbakur, Nancy Lurie Marks Family Foundation, Pekron Family Office, Sanos Clinic and 1 other. AxUM Securities led its latest sourced round.
Who founded Arctic Therapeutics?: Arctic Therapeutics was founded by Hakon Hakonarson and Ivar Hakonarson.
Where is Arctic Therapeutics based?: Arctic Therapeutics is based in Reykjavík, Iceland.

Every amount links to the page it came from. * Estimated from an accelerator's published standard deal, not a company-specific disclosure. How Recent Funding sources and verifies funding data. The same data as JSON: /api/v1/companies/arctic-therapeutics (get a free API key).