Unity Co-Founder will start a new investment fund and move to Iceland
Davíð Helgason, Co-Founder and former CEO of the software company Unity Technologies, will move to Iceland this summer and start an investment fund along with his…
Icelandic Startups & Tech Roundup on May 10
Here are some of the things that have been happening in the Icelandic innovation ecosystem lately. New Frumtak fund Frumtak Ventures is on the verge of…
Oculis raises $57m Series C led by BVCF Management and Hyfinity Investments
Iceland founded Oculis Pharma has closed an oversubscribed $57 million Series C financing. Oculis said in a press release that the proceeds from the financing will…
Vista Data Vision acquired by Bentley Systems for an undisclosed amount
Vista Data Vision, a Reykjavík based software company specializing in data monitoring systems, has been acquired by Bentley Systems Inc., an infrastructure engineering software company listed…
Hefring raises an undisclosed amount in a financing round led by The New Business Venture Fund
The start-up company Hefring Marine has closed a financing round led by the New Business Venture Fund (Nýsköpunarsjóður atvinnulífsins). Two other funds invested in this round,…
Icelandic Startups & Tech Roundup on April 27
We have decided to start collecting the news you might have missed from the Icelandic startup ecosystem in the last week or so, delivering them to…
EpiEndo receives €2.7m from the European Innovation Council Fund
EpiEndo Pharmaceuticals, an Icelandic clinical-stage biopharmaceutical company developing novel non-antibiotic macrolide therapeutics for the treatment of inflammatory disorders, announced last week that it was a recipient…
Ásthildur Otharsdóttir joins Frumtak Ventures as partner
Ásthildur Otharsdóttir has become a new partner of the Icelandic investment company Frumtak Ventures, which manages the VC funds Frumtak I and Frumtak II. This was…
Estonian investors encourage Icelanders to take a look at Funderbeam
A director at Funderbeam, an online fundraising platform which some Icelandic companies have used, says that it has sparked some attention how limited the participation of…
AwareGO signs a three-year contract with Mondelēz
The Icelandic cybersecurity company AwareGO has signed a three-year contract with the American snack producer Mondelēz International on providing training solutions for its staff. According to…