Twitter acquires Icelander founded design agency Ueno
Twitter has acquired design studio Ueno, founded by Haraldur Thorleifsson. Dantley Davis, CDO of Twitter, announces this in a tweet: Terms of the acquisition have not…
Poppins & Partners unveil their 2020 startup list
The consulting firm Poppins & Partners (P&P) has published their list 39 prominent startups in Iceland according to a nomination board compiled of experts from the…
“The worst funds are those that keep you hanging on and are always lukewarm”
Earlier this year, GRID raised a $12 million investment from NEA. The company founded by Hjálmar Gíslason began its funding process in the middle of the…
Great for tourists, complex for expats – An interview with AngelList CEO Kevin Laws on his three month stay in Iceland
Last summer, Kevin Laws, the CEO of AngelList, relocated to Iceland with his family for three months. We met over coffee at Kaffi Vest back in…
Crowberry Capital invests in Danish Dreamdata
Danish B2B revenue attribution platform Dreamdata, recently announced a $4.4m investment co-led by Icelandic VC fund Crowberry Capital. While Northstack generally doesn’t cover non-foreign funding rounds,…
MainManager acquired by View Software
Facility management software provider MainManager has been acquired by View Software. The amount remains undisclosed. Frumtak invested in MainManager in 2010 and sells its 23% share…
Frumtak sells its 11.33% stake in Controlant for $14.5m
Frumtak 1, one of the funds under management by Frumtak Ventures, has sold its 11.33% stake in Controlant for around $14.5m (a little under 2000m ISK,…
Dohop raises ‘multi-million dollar’ funding from SEP
Icelandic airline software vendor Dohop just announced an undisclosed growth equity round from Scottish Equity Partners (SEP). While the total amount remains undisclosed, Northstack’s sources place…
Controlant receives the 2020 Icelandic Innovation Award
Last week, digital supply chain visibility provider Controlan, received the 2020 Icelandic Innovation Award. The award, which was first granted in 1994, is presented annually by…
Laki Power raises funding round and appoints new CEO
Laki Power, an Icelandic company that provides high voltage surveillance and real-time monitoring for transmission systems, recently announced a growth investment led by Brunnur Ventures, which…