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Northstack Editorial

Northstack Editorial

Treble secures $7.6M ahead of a product launch in early 2023

Treble secures $7.6M ahead of a product launch in early 2023

The Reykjavík-based sound simulation startup, Treble, has received $7.6M in funding. The funding consists of approximately $5.2M in seed funding in a round led by Frumtak Ventures. NOVA, the venture arm of Saint-Gobain which is one of the world’s largest building materials companies, and several angel investors

U.S. private equity firm invests heavily in Nox Health

U.S. private equity firm invests heavily in Nox Health

Nox Health, the Icelandic sleep health company with global operations, recently announced a strategic growth investment from Vestar Capital Partners, a U.S. middle-market private equity firm. Vestar will acquire shares from existing shareholders, mainly Alfa Framtak, as well as newly issued shares. The investment will help Nox accelerate the

Genis raises $17M in a recent funding round

Genis raises $17M in a recent funding round

Genis, the Icelandic biotechnology company, recently issued additional shares for $17M. Numerous investors, including Andri Sveinsson, Sigþór Sigmarsson, and Sigurgeir Guðlaugsson, the CEO of Genis will now be joining the shareholder group. The Icelandic insurance company TM Tryggingar and Yanu Holdings, a global investment firm, also took part in the

Driftline raises $800K and launches the world's first algorithm to quantify human endurance

Driftline raises $800K and launches the world's first algorithm to quantify human endurance

Last month, the Icelandic startup Driftline announced it had secured $800k in seed funding and that it has developed the world’s first algorithm for the accurate and simple quantification of human endurance. This algorithm is the result of 20 years of R&D in advanced heart rate kinetics.

HorseDay secures a $700K funding round led by New Business Venture Fund

HorseDay secures a $700K funding round led by New Business Venture Fund

HorseDay, an Icelandic startup that is developing an equestrian app that enables people to store all data and information relating to horse riding has raised $700K in a funding round led by New Business Venture Fund (i. Nýsköpunarsjóður). Other investors also participated in the round, mostly private angel investors. The

Treble wins the New Nordics Pitch Competition Grand Final at Slush 2022

Treble wins the New Nordics Pitch Competition Grand Final at Slush 2022

Treble Technologies, the Icelandic startup that develops next-generation sound simulation and spatial audio technology for digital twins and virtual worlds, won the annual New Nordics Pitch Competition Grand Final at Slush 2022 last Wednesday evening. During this event which was hosted by the startup association Silicon Vikings, some of the

The Esports Coaching Academy secures a $750K pre-seed funding round led by Behold Ventures

The Esports Coaching Academy secures a $750K pre-seed funding round led by Behold Ventures

The Icelandic esports education company, Esports Coaching Academy (ECA), recently announced the closure of a pre-seed funding round led by the newly established Swedish gaming venture capital fund, Behold. ECA will receive $750K from multiple investors. In addition to Behold, Sisu Game Ventures and MGMT Ventures participated in the round.