Coworking Spaces and Innovation Clusters in Reykjavik
Reykjavik’s coworking and innovation ecosystem is smaller than Stockholm’s but vibrant and diverse. It blends creative hubs, startup incubators, and industry-specific clusters in ocean, energy, and fintech sectors.
  • Innovation House
    innovationhouse.is
    Location: Seltjarnarnes (Eiðistorg, seaside area just outside downtown Reykjavik).
    Profile: Founded by Opera/Vivaldi co-founder Jón S. von Tetzchner in 2013 as an incubator-style coworking space.
    Facilities: 26 private offices, shared collaboration areas, lounge, and café.
    Community: Tech-oriented startups and teams. Current members include Vivaldi browser, PayAnalytics, Porcelain Fortress (gaming), and others.
    Pricing: Emphasis on low-cost, turn-key office solutions; exact prices not public. Known for affordability compared to downtown options.
    Unique Features: Entrepreneur-friendly philosophy and active community engagement.
  • Regus
    regus.com
    Locations: Höfðatorg tower (business district) and Harbour Square (Kalkofnsvegur by Old Harbour).
    Facilities: Corporate-style coworking with 48 private offices, 23 hot desks, and 4 meeting rooms.
    Pricing: Hot desks from ~ISK 27,900/month (≈ €185). Day office ~ISK 4,800. Meeting rooms from ISK 3,600/hour.
    Community: Suited for professionals, consultants, and international teams needing business-grade services.
    Extras: Reception, admin support, 24/7 access, and global network access.
  • Minor Coworking
    minorcoworking.is
    Location: Reykjavik’s Fishpacking District (Fiskislóð).
    Profile: Cozy, creative space for designers, artists, and freelancers.
    Facilities: Limited to 12 desks, meeting room, event/gallery space, photo studio, and screen-printing studio.
    Pricing: Hot desk ~ISK 42,000/month (≈ €292).
    Community: Tight-knit, art- and design-focused.
    Unique Features: Communal lunches, free coffee, gallery shows, and creative collaborations.
  • Quarter
    quarter.is
    Location: Kringlan shopping center (4th floor).
    Profile: Startup and SaaS-focused coworking hub.
    Facilities: Open-plan desks, meeting rooms, lounge, access to nearby gyms and restaurants.
    Pricing: Flexible memberships from ISK 20,000–25,000/month for hot desks.
    Community: Startup-focused with demo days, workshops, and events.
    Unique Features: Pet-friendly, event-heavy, modern setting.
  • Ocean Cluster House
    sjavarklasinn.is
    Location: Reykjavik’s Old Harbour (renovated fishing warehouse).
    Profile: Headquarters of the Iceland Ocean Cluster.
    Facilities: Offices and coworking areas for 70+ companies.
    Community: Blue economy startups, fisheries innovators, biotech firms using marine byproducts.
    Pricing: Memberships by application; prices not public.
    Unique Features: “100% fish” philosophy (innovating new uses for every part of the catch). Shared prototyping labs and events.
  • Hafnarhaus (Harbor House)
    hafnar.community
    Location: Downtown Reykjavik, above the Art Museum.
    Profile: City-run creative innovation center.
    Facilities: 3,500 m² of studios, co-working desks, rehearsal and workshop rooms.
    Community: 250+ people from creative industries (film, design, music, media).
    Pricing: Affordable studio and desk rents (subsidized by city); prices vary.
    Unique Features: Maker spaces, rooftop terrace, and frequent cultural/hackathon events.
  • Hitt Húsið
    reykjavik.is/hitthusid
    Profile: Youth-focused center (ages 16–25).
    Facilities: Informal work areas, meeting rooms, loft for workshops.
    Community: Students, youth entrepreneurs, cultural groups.
    Pricing: Free access (city-run).
    Unique Features: Focus on inclusivity and empowerment.
  • Other Notable Spaces
    • Kjarval Members’ Club – Exclusive coworking/social club with memberships from ISK 17,732 (social) to ISK 50,096 (house) per month.
    • Reykjavik Coworking Unit – Downtown, small-scale space listed on StartUs, popular with freelancers.
    • Rural/Westfjords hubs – Skúrin (Flateyri), Blábankinn/Blue Bank (Þingeyri), and Fjord People (Ísafjörður). Prices mostly by agreement; focus on community-driven remote work.
Innovation Clusters & Science Parks
  • Reykjavik Science City
    reykjaviksciencecity.is
    Location: Vatnsmýri district, near University of Iceland and Landspítali hospital.
    Profile: Iceland’s largest innovation district.
    Focus Areas: Life sciences, AI, biotech, sustainability.
    Facilities: Includes Gróska innovation hub, UI Science Park, and proximity to deCODE Genetics and Alvotech.
  • University of Iceland Science Park (Vísindagarðar HÍ)
    visindagardar.is
    Profile: Science park owned by University of Iceland (95%).
    Facilities: Labs, coworking, innovation hub Mýrin.
    Programs: Sprotamýri incubator – free desks for student/staff startups.
    Community: Deep-tech, biotech, renewable energy, AI.
  • Iceland Ocean Cluster
    sjavarklasinn.is
    Profile: Pioneering blue economy cluster.
    Community: 70+ companies, startups, and researchers.
    Mission: “100% fish” utilization model.
    Global Influence: Inspired spin-offs in the US and Norway.
  • Iceland Renewable Energy Cluster (Orkuklasinn)
    energycluster.is
    Profile: Industry cluster uniting geothermal, hydro, and renewables companies.
    Focus: Exporting Iceland’s clean energy expertise, developing deep drilling and hydrogen fuel projects.
    Community: 50+ members, including Landsvirkjun and Reykjavik Energy.
  • Reykjavik Fintech Cluster
    reykjavikfintech.is
    Profile: National fintech hub.
    Community: Startups like Monerium (e-money blockchain), indó (digital bank), and regtech firms.
    Facilities: Shared offices, meeting spaces, networking.
    Focus: Collaboration with banks, regulators, and international investors.
  • KLAK – Icelandic Startups
    klak.is
    Profile: Leading startup accelerator (non-profit).
    Programs: Hringiða (circular economy), Gulleggið (Golden Egg competition).
    Facilities: Based at Gróska/Mýrin.
    Impact: Supported 2000+ entrepreneurs since 2000.