Transition Labs

Name

Transition Labs

Legal name

Transition Labs ehf.

Website

https://transitionlabs.is

Company type

Private

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Climate Technology Services

NAICS

Environmental Consulting Services (54162)

SIC

Services-Commercial Physical & Biological Research (8731)

akta.pro primary industry

Transition Plan Development & Implementation Roadmapping (EUABAKAB)

akta.pro secondary industries

Offsets & Carbon Removal Procurement Strategy (portfolio design, quality screening) (EUABAKAL), Avoided Conversion & Ecosystem Protection (REDD+, Blue Carbon Conservation) (EUABABAC), Climate Change Mitigation & Adaptation (BPAGAGAF)

Keywords

• Climate tech partnerships
• Carbon removal projects
• Marine research services
• Renewable energy development
• Project site facilitation

Headquarters

HQ city

Reykjavik

HQ country

Iceland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales

Core offering

Transition Labs functions as a local Icelandic partnership platform and project developer that helps international climate technology companies deploy carbon removal, renewable energy, and circular materials projects in Iceland. The company develops select in-house climate projects, advances scientific understanding through its non-profit subsidiary Röst Marine Research Center, and provides clients with site identification, permitting navigation, local introductions, and strategic positioning support across Iceland's clean energy, deep ocean, and marine ecosystems.

Product overview

Transition Labs operates as a climate-positive accelerator that develops select in-house projects while advancing scientific understanding through its non-profit subsidiary, the Röst Marine Research Center. The company maintains close ties with Transition, a London-based climate-focused venture capital fund. The portfolio consists of the parent company's in-house climate projects and its Röst Marine Research Center subsidiary focused on marine ecosystem research.

Differentiator

Problem solved

Functional benefit

Products and services

• Local Partnership and Project Facilitation Services Bespoke support for international climate technology companies seeking to establish operations in Iceland, including site identification, permitting navigation, local partner introductions, and strategic positioning and investor market support.
• Transition Park A first-of-a-kind climate technology park being developed in partnership with Akranes municipality in Iceland, intended to host and accelerate climate-positive projects.
• Röst Marine Research Center A non-profit research subsidiary investigating Iceland's marine ecosystems, climate change impacts, and science-based solutions in support of Transition Labs' climate-positive mission.

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Ten partnerships are on record, tiered core, key, flagship and minor.

• Röst Marine Research CentercoreStrategic or Co-development PartnerA non-profit subsidiary of Transition Labs that researches Iceland's marine ecosystems, climate change, and science-based solutions. This is an internal research capability that advances the company's scientific understanding.
• Carbon to Sea InitiativecoreStrategic or Co-development PartnerTransition Labs serves as a local partner in Iceland for establishing pre-permitted test beds for an international research program on ocean alkalinity enhancement. Described as an indispensable partner.
• Space SolarkeyStrategic or Co-development PartnerTransition Labs provided invaluable experience in positioning, marketing, investment support, and leveraged local relationships and networks to help Space Solar achieve meaningful business milestones. Space Solar provides affordable, scalable Space-Based Solar Power as baseload renewable energy.
• Clean Air Task ForcekeyStrategic or Co-development PartnerCollaboration focused on diving deeper into geothermal exploration, leading decarbonization of the world's energy system with pioneering research. Clean Air Task Force is a climate-focused organization working on energy decarbonization.
• Transition ParkflagshipStrategic or Co-development PartnerPartnership with Akranes municipality to build out a first-of-a-kind climate tech park in Iceland. This represents a flagship initiative for developing climate technology infrastructure in the region.
• Ebb CarbonkeyStrategic or Co-development PartnerTransition Labs serves as a solid partner with extensive knowledge of local operating environment and permitting requirements. They found an interesting site, connected Ebb Carbon with local partners, and continue to provide insights into the local market. Ebb Carbon removes CO2 from air by accelerating the ocean's natural carbon capture ability.
• NoyakeyStrategic or Co-development PartnerTransition Labs team explored deploying a project in Iceland for Noya, which is building world-class, scalable Direct Air Capture technology to remove excess carbon from the atmosphere. The team was described as incredibly talented.
• RockporeminorStrategic or Co-development PartnerRockpore is turning recycled glass and construction waste into circular and environmentally-friendly building materials. Transition Labs likely facilitates their local market entry in Iceland.
• Planet FarmsminorStrategic or Co-development PartnerPlanet Farms transforms dirty value chains in agriculture, one crop at a time. Transition Labs likely supports their market development in the Icelandic/Nordic region.
• Running TidekeyStrategic or Co-development PartnerRunning Tide is restoring ocean health with permanent carbon removal through a carbon-negative supply chain. They require clean energy sources, access to deep ocean, shipping infrastructure, and excellent local talent in ocean science, advanced manufacturing, shipping, technology, and maritime expertise—all of which Iceland provides.

Recent moves6 records

Expansion highlights5 records

Direct peers

• Elemental Excelerator: Climate tech accelerator that funds and supports deployment of climate infrastructure projects across the US and Asia-Pacific. Comparable in deploying non-dilutive capital and project facilitation for climate startups, including carbon removal and clean energy.
• Third Derivative: Climate tech accelerator and venture fund operated by RMI that recruits and scales early-stage climate startups, with focus on deployment and corporate partnerships. Plays a similar ecosystem-builder role for emerging climate ventures.
• Greentown Labs: US-based climate tech incubator providing lab space, community, and corporate partnerships to hardware climate startups. Closest structural analog to Transition Labs' role as a hub that helps climate tech companies deploy and scale, though Greentown is a much larger physical incubator.
• ClimateHaven: Climate tech incubator focused on supporting hardware and CDR startups with lab, testing, and deployment support. Closely comparable mission to Transition Labs as a purpose-built climate tech hub facilitating startup deployment rather than a generic accelerator.
• Newlab: Innovation hub and venture platform for frontier technology companies, including applied climate and energy startups. Provides infrastructure, partners, and programs to help hardware-heavy companies move from prototype to deployment, mirroring Transition Labs' project facilitation model.

Regional players

• Orka Náttúrunnar (ON Power): One of Iceland's largest geothermal energy producers and a frequent partner for industrial decarbonization projects. Shares Iceland's operating context and clean energy foundation that underpins Transition Labs' value proposition, and would be a natural infrastructure co-developer.
• Carbfix: Iceland-headquartered company that captures CO2 and mineralizes it underground using basalt geology. Operates in the same Iceland climate ecosystem, shares the same local operating context, and serves overlapping carbon removal counterparties, making it a strong regional comparable.

Emerging players

• Climeworks: Leading direct air capture company pursuing scalable CDR projects. Sits in Transition Labs' partner ecosystem (Noya and Ebb Carbon are peer DAC/ocean capture companies), and Climeworks' commercial CDR build-outs represent the kind of large-scale deployment Transition Labs aspires to host.
• CarbonCapture Inc. Direct air capture company developing modular DAC systems and project sites. Operates in the same CDR deployment value chain and is representative of the kind of climate tech ventures Transition Labs helps land and permit in Iceland.

Broad incumbents

• RMI (Rocky Mountain Institute): Global clean energy think tank and operator of Third Derivative that convenes corporates, investors, and climate startups. Comparable in curating the climate innovation ecosystem in which Transition Labs operates, though at vastly larger scale and as a non-profit.

Market position

Strengths4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• LinkedInlinkedin.com/company/transition-labs

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Transition Labs