Isaac Kato, Managing Director of Techstars Seattle to host presentation & ask-me-anything for Icelandic startups

Isaac Kato, the Managing Director of Techstars Seattle and the Filecoin Techstars Accelerator, is inviting Icelandic startups to a presentation and ask-me-anything about venture accelerators and early stage capital for tech startups. The event will take place on August 24 at 17:00, and interested companies can also sign up for virtual office hours. Info on… Read More Isaac Kato, Managing Director of Techstars Seattle to host presentation & ask-me-anything for Icelandic startups

Controlant acquires data visualisation tool BI Manager for undisclosed amount

Icelandic provider of real timedigital supply chain solutions Controlant just announced it had acquired BI Manager and its product business units from Icelandic business intelligence solution provider Intenta. Financial terms will remain undisclosed. As part of the transaction, CTO and co-founder of Intenta Bjarki Elías Kristjánsson joins Controlant as VP of Data. Intenta will remain… Read More Controlant acquires data visualisation tool BI Manager for undisclosed amount

Big rounds and big money, but early stage is lacking – The 2020 Funding Report

Another year, another funding report, where we highlight investment data, discuss and (try to) analyse trends as they emerge. As a reminder, here you can find an overview of earlier reports, and for info on methods and data, please see the section at the end of the report. 27 investments tracked, evenly distributed through the… Read More Big rounds and big money, but early stage is lacking – The 2020 Funding Report

Appointment scheduling startup Noona raises $1.4m from SaltPay

Noona, an appointment scheduling company that allows users to schedule services and appointments, recently announced a $1.4m (€1.2m) funding round from financial technology company SaltPay. Last year, SaltPay acquired Borgun, one of Iceland’s payment processing companies. The investment will be used to grow the product development team behind Noona. 350 companies use Noona to manage… Read More Appointment scheduling startup Noona raises $1.4m from SaltPay

Twitter acquires Icelander founded design agency Ueno

Twitter has acquired design studio Ueno, founded by Haraldur Thorleifsson. Dantley Davis, CDO of Twitter, announces this in a tweet: Terms of the acquisition have not been announced. Ueno is a digital design agency with offices in New York, San Francisco, Los Angeles and Reykjavik, and has worked for many leading brands in the world,… Read More Twitter acquires Icelander founded design agency Ueno

Poppins & Partners unveil their 2020 startup list

The consulting firm Poppins & Partners (P&P) has published their list 39 prominent startups in Iceland according to a nomination board compiled of experts from the startup ecosystem. The list is divided into four categories: Seeds, Cuttings, Growth-Sprouts, and Pioneers and the criteria for making the list was for the companies to have made significant… Read More Poppins & Partners unveil their 2020 startup list

Crowberry Capital invests in Danish Dreamdata

Danish B2B revenue attribution platform Dreamdata, recently announced a $4.4m investment co-led by Icelandic VC fund Crowberry Capital. While Northstack generally doesn’t cover non-foreign funding rounds, this marks the fourth disclosed foreign funding round Crowberry participates in, showing an emphasis on participating in the international funding landscape. In a talk with Northstack, Jenný Ruth Hrafnsdóttir,… Read More Crowberry Capital invests in Danish Dreamdata

MainManager acquired by View Software

Facility management software provider MainManager has been acquired by View Software. The amount remains undisclosed. Frumtak invested in MainManager in 2010 and sells its 23% share as part of the sale. “The MainManager team is very excited to get on board with the View Software and Viking Venture family,” founder of MainManager, Gunnlaugur B. Hjartarson… Read More MainManager acquired by View Software

Frumtak sells its 11.33% stake in Controlant for $14.5m

Frumtak 1, one of the funds under management by Frumtak Ventures, has sold its 11.33% stake in Controlant for around $14.5m (a little under 2000m ISK, the exact amount is undisclosed), to a group of Controlant’s current investors led by Investco ehf. The transaction values the company at around $130m. Arion banki managed the sale,… Read More Frumtak sells its 11.33% stake in Controlant for $14.5m