Twitter sets up a corporate entity in Iceland
Twitter has set up a corporate entity in Iceland, but Twitter Netherlands B.V. registered a branch in the Icelandic company directory in late January. The move…
German investor and Bitcoin miner wants to buy a geothermal power plant in Iceland
Marco Andreas Streng, founder and CEO of Genesis Mining, expressed his interest in buying a geothermal power plant in Iceland in an interview with Viðskiptablaðið earlier…
Price of CCP not to include $200 million earn out due to delay in Chinese gaming permits
The Icelandic video game developer CCP was sold to the South-Korean company Pearl Abyss at $225 million, which is $200 million lower than the maximum agreed…
GRID to launch in late March
GRID, the SaaS startup that wants to revolutionize how people work with data and numbers, announced on Thursday that it would launch its product in a…
Startup Orkídea kicks off with five teams involved
Five teams are currently participating in the Startup Orkídea business accelerator, a joint program by Icelandic Startups and Orkídea. Startup Orkídea is a new platform for…
Teatime Games to close
Teatime Games, the Icelandic startup that is best known for a hit mobile game called Trivia Royale, has ceased operations. According to Thor Friðriksson, one of…
Sixty-five people have applied for Remote Worker Visas in Iceland
The Icelandic Directorate of Immigration has received a total of 65 requests for residence permits on the basis of rule changes that were made last autumn…
A new Arena for eSports to open this summer
A high-rise building in Kópavogur will soon host a national arena for eSports in Iceland. Earlier this month plans were unveiled to open up an eSports…
Icelandic start-ups abroad raised over $100 million in funding last year
Four start-ups run by Icelanders living abroad secured more than $100 million in funding in 2020. A large part of the funding came from Icelandic investors,…
NeckCare raises $900,000 in funding round
The Icelandic healthcare and tech company NeckCare has raised 120 million kr. ($900,000) in equity through a recent funding round, according to a report by Viðskiptablaðið.…