Here are the ten teams participating in the first batch of Startup SuperNova

The recently launched accelerator, Startup SuperNova – a collaboration between Icelandic Startups and Icelandic telecom Nova – just announced its first batch of ten companies that will participate in this summers accelerator program. “International experience and strong professional background best describe this years’ applications,” Salóme Guðmundsdóttir, CEO of Icelandic Startups told Northstack. “The selected participants… Read More Here are the ten teams participating in the first batch of Startup SuperNova

Digital driving licenses are coming to Iceland, and Smart Solutions is the company building them

The Icelandic startup Smart Solutions, is collaborating with the National Commissioner of the Icelandic Police (is. Ríkislögreglustjóri) and Digital Iceland to digitise driving licenses, which will be offered through both the native wallet apps on smartphones and a smart wallet published by Smart Solutions. Smart Solutions is an Icelandic startup working on digitalizing everyday solutions,… Read More Digital driving licenses are coming to Iceland, and Smart Solutions is the company building them

TeaTime Games release Trivia Royale, their newest game

Last week, mobile gaming startup Teatime Games released their newest game, Trivia Royale. With the launch, the founders are returning to their roots of trivia game development – the founding team stems from QuizUp, one of Iceland’s most prominent startups in recent years. After Þorsteinn B. Friðriksson, CEO and co-founder of Teatime, sold PlainVanilla he… Read More TeaTime Games release Trivia Royale, their newest game

Verne Global raises $27m to expand its Icelandic data center campus

Verne Global, a provider of advanced data center solutions for high-performance computing (HPC), recently announced a new round of funding of $27m to expand its Icelandic data center campus. All current investors – the Wellcome Trust, Novator Partners, Stefnir, and General Catalyst – participated in the round. “The funding expands the enterprise capacity of Verne… Read More Verne Global raises $27m to expand its Icelandic data center campus

Margrét Ormslev Ásgeirsdóttir joins Brunnur Ventures as partner

Although Northstack generally doesn’t discuss personnel movement, a hire – and new partner – within Icelandic VC is newsworthy. Margrét Ormslev Ásgeirsdóttir, who has served as part of executive management at Icelandic Carbon Recycling, is joining Brunnur Ventures as partner. The move is connected to Brunnur’s current fundraise, with the team raising its second fund,… Read More Margrét Ormslev Ásgeirsdóttir joins Brunnur Ventures as partner

Meniga closes a $9.4m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga has closed an $9.4m (€8.5m) strategic investment led by customers Groupe BPCE, the second-largest banking group in France and lead investor in this round, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Other participants in the round include current institutional investors Velocity Capital, Industrifonden & Frumtak Ventures. “We are very pleased to welcome… Read More Meniga closes a $9.4m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Íslandsbanki invests in Payday as part of collaboration

“Payday just signed a collaboration contract with Íslandsbanki, which also invested in Payday. Payday simplifies invoicing, payroll, accounting, and reporting. Following the collaboration, Íslandsbanki will offer Paydays’ services to its customers,” says in a statement to Viðskiptablaðið.  “This contract brings new opportunities for both parties,” Björn Hr. Björnsson, CEO of Payday says in the statement.… Read More Íslandsbanki invests in Payday as part of collaboration

Hack The Crisis Iceland is looking for ideas, participants, mentors and collaborators

Hack The Crisis Iceland, a hackathon seeking solutions on how to deal better with challenges due to COVID-19, is seeking ideas about social problems for the hackathon’s participants to solve. Special emphasis is put on ideas related to welfare, education, and health service, but all ideas are highly appreciated, according to Hack The Crisis Iceland website. … Read More Hack The Crisis Iceland is looking for ideas, participants, mentors and collaborators

Memento partners with US based Marygold & Co on new banking service

The Icelandic fintech startup Memento Payments just signed a long-term contract with Concierge Technologies, a US based investment fund, to launch a new banking service in the US called Marygold & Co. The target market for the service is young adults in San Francisco who want to emphasize savings and sensible investment plans.  “The new… Read More Memento partners with US based Marygold & Co on new banking service

Cybersecurity education platform Adversary acquired by Secure Code Warrior

Adversary, a company revamping security education to minimize cybercrime, has been acquired by the Australian based secure coding company Secure Code Warrior. Secure Code Warrior develops an online security coding platform aimed to train developers to think and act with a security mindset at all times. Its offices are located in Sydney, London, Bruges, Boston,… Read More Cybersecurity education platform Adversary acquired by Secure Code Warrior