Northstack Editorial

Northstack Editorial

The first Icelandic Wasabi hits the market

The first Icelandic Wasabi hits the market

Jurt – formerly known as Wasabi Iceland – just announced its first batch of brand-new Nordic Wasabi has hit the “shelves.” You can now try Icelandic grown Wasabi at restaurants Fiskmarkaðurinn (Fish Market) and Grillmarkaðurinn (Grill Market). “What most people know as wasabi isn’t really wasabi, but a mix of horseradish,

Inspirally raises undisclosed angel round

Inspirally – formerly known as Vizido – just announced it has raised an undisclosed amount from a group of angel investors including Thor Fridriksson, founder of QuizUp and co-founder of Teatime, and Vilhjálmur Þorsteinsson. “It is an honor to get funding from seasoned tech entrepreneurs like Thor Fridriksson and Vilhjalmur Þorsteinsson,” said

Atmonia wins annual business plan competition Gulleggið

Atmonia wins annual business plan competition Gulleggið

Atmonia is the winner of Gulleggið fall 2017, a business plan competition run by Icelandic Startups. Jón Atli Benediktsson, Rector of the University of Iceland opened the ceremony in University of Iceland on Saturday where the results were announced. This spring Gulleggið celebrated its 10 year anniversary, in wich time

CCP shuts down VR projects, lays off 100 people

CCP shuts down VR projects, lays off 100 people

Icelandic news outlet MBL.is reported earlier today that CCP Games, creators of the Eve franchise, are shutting down VR development and laying off nearly 100 people globally. The company’s Newcastle (UK) office will be sold, Atlanta (US) will be closed, and 30 people have been laid off in

More investors for seafood startups

One of the greatest challenges for the 100% fish utilization movement is financing. I have felt that investors. financiers and bankers which have some focus on seafood have little or no knowledge about the new seafood industry; nutraceutical or functional food from fish protein or new technology for extending shelf

How a media personality's change of jobs might influence the tech industry in Iceland

This post is from the Northstack Memo, our newsletter and commentary on recent happenings in the Icelandic startup ecosystem, written by @kiddiarni. Yesterday, Kjarninn reported that Icelandic media personality Logi Bergmann would be barred from starting a new media job at Árvakur – publisher of Morgunblaðið and owner of K100.5

Two notes on the funding report (from the Memo)

This post is from the Northstack Memo, our newsletter and commentary on recent happenings in the Icelandic startup ecosystem, written by @kiddiarni. Last week we published our quarterly funding report (read it here) where we looked at investments and exits in Q3 2017. This Memo will be short and sweet.