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Northstack Editorial

Northstack Editorial

Keeps raises pre-seed round from Nordic Ignite

Keeps raises pre-seed round from Nordic Ignite

Keeps, an Icelandic software company, has received its first investment from Nordic Ignite in a pre-seed round. The capital from raise will be used to build the first version of the solution. This is the first funding the company receives. Keeps’ software enables travel companies to update their photos and

Focalpay secures $1.4M in funding from SKEL

Focalpay secures $1.4M in funding from SKEL

Last week, Focalpay, the Stockholm-based commerce platform that merges payment and retail processes, announced an investment of $1.4M from the Icelandic investment company SKEL, with a valuation of $14M. This recent funding round will enable Focalpay to further develop its innovative platform with new features. The CEO and Co-Founder

CCP Games secures a $40M funding round for a new AAA Game with blockchain technology

CCP Games secures a $40M funding round for a new AAA Game with blockchain technology

CCP Games, the Icelandic gaming company that created the popular sci-fi MMO EVE Online, has secured $40M in funding for a new AAA game using blockchain technology. The financing was led by Andreessen Horowitz (a16z), with participation from Makers Fund, BITKRAFT, Kingsway Capital, HASHED, Nexon, and additional participants. The funding

Slate secures investment from Aranja to simplify backend development for software development teams

Slate secures investment from Aranja to simplify backend development for software development teams

Slate, an Icelandic startup that aims to make the development of web services and databases more accessible to software development teams has secured an investment from Aranja, a development studio known for creating comprehensive digital solutions. The founders of Slate, Alexander Jósep Blöndal and Birkir Örn Karlsson, have been working

IS Haf is a new Icelandic $71M fund focusing on ocean related opportunities

IS Haf is a new Icelandic $71M fund focusing on ocean related opportunities

Fund management company Íslandssjóðir just announced a new $71M (10bn ISK) fund called IS Haf fjárfestingar slhf that will invest in Icelandic ocean projects over the next years. The fund’s investment capacity is even greater if the shareholders’ co-investment authorization is taken into account. By that measure, the investment

Glaze secures $1.1M in funding from Brunnur

Glaze secures $1.1M in funding from Brunnur

Glaze, a Reykjavik-based technology startup, today announced it has secured $1.1M in funding from Brunnur, the Icelandic venture capital firm. The funds will be used to accelerate the development of Glaze’s order and pay solutions for the experience economy, enabling businesses to offer frictionless, contactless experiences to customers.

The Icelandic government introduces a new system around work and residence permits for people outside of EEA

The Icelandic government introduces a new system around work and residence permits for people outside of EEA

Last week, a press conference was held by three Icelandic ministers including Katrín Jakobsdóttir, the prime minister, where they proposed a new system around the granting of work and residence permits for foreign workers coming from countries outside of The European Economic Area (EEA). The EEA includes all EU countries