Klang Games, the Berlin based, Icelander founded gaming company, just announced a $5m investment from gaming VC Makers Fund, as well as Firstminute Capital, Neoteny, Mosaic Ventures, and Novator. Gamesindustry Biz reported. The company was previously backed by notable Icelandic tech veterans David Helgason (Founder of Unity) and Adalsteinn Ottarsson (previously CCP, now Sr. Development Director at Riot Games).
Category: The Update (Page 1 of 6)
NSA Ventures and Frumtak have sold their 37% share in food processing tech company Valka. New shares were also issued in the transaction, to current shareholders. The shares were sold to a group of current investors – Fossar, Vogabakki, Vortindur (the holding company of founder Helgi Hjálmarsson), and other investors.
Solfar, the Icelandic VR studio founded by CCP veterans and backed by Reaktor Ventures, Inventure, NSA Ventures and more, just unveiled their next project after Everest VR. It’s called In Death and they described it as a “roguelite shooter, set in the godless afterlife.”
The Icelandic startup Nordic Style Magazine has signed a sales and distribution agreement with the world’s largest bookstore, Barnes & Noble. Nordic Style Magazine gives its global readers daily updates from the Nordic design, fashion, art and culture scene via its site, www.nordicstylemag.com. Nordic Style has scouted new designers and talents, which in many cases have been featured for the first time on their platform and attracted new opportunities as a result.
Rosamosi, the game studio behind the Mussila music education apps, just released a new version of their original Mussila game. It is available on iOS and Android. According to a statement, the new Mussila game is a “more exciting, and even more educative format. It has new more easily relatable characters, more fun and more interactivity.” They also report that kids that play the Mussila game learn music 20% faster than those that don’t.
This year, a delegation of nearly 100 people from representing startups, investors, media, diplomatic services, industry groups and more, is at Slush. The delegation was planned by Icelandic Startups and Promote Iceland, with participation from Slush and the Icelandic Embassy in Finland.
Several months ago, a SaaS focused co-working space was opened in the old “Morgunblaðshöll.” That space now has a name – Quarter – and they’re hosting their first event (supported by Community Fund) tomorrow – Wednesday Nov 29th between 17 and 19(Facebook link). It’s open to all, with free refreshments at Quarter, the fourth floor of Kringlan 1.
Memento, together with Islandsbanki, just deployed a new service allowing anyone to raise money together (or as Icelanders say it: leggja í púkk) with a group of friends, co-workers, fellow students or the whole community. The service has now been added as a new feature in the digital wallet app Kass.
Two Icelandic companies have been invited to participate at the Global Entrepreneurship Summit (GES) to be held in Hyderabad, India, next week. The companies are Platome Biotechnology, represented by its CEO Sandra Mjöll Jónsdóttir-Buch, and Kerecis, represented by its CEO Guðmundur Fertram Sigurjónsson