Kerecis secures a $40M investment from the owners of LEGO
KIRKBI, a Danish investment firm best known for being the owner of the brand LEGO, will invest $40M in the Icelandic company Kerecis. With this transaction,…
3Z raises a $2M funding round for its preclinical research of new ADHD and Insomnia therapeutics
Recently, 3Z announced that it had closed a $2M funding round led by investors that have extensive experience in pharmaceuticals and medical technology. The new capital…
Polarama‘s upcoming web system is supposed to revolutionize the film industry
In recent weeks, the Icelandic film production company has been preparing the launch of a new web system called Northernes Network (NN). According to plan, the…
Activity Stream announces an acquisition of two companies
Activity Stream, an Icelandic marketing platform for live entertainment, just announced its acquisition of Yesplan, an entertainment venue, and crowdEngage, a mobile and in-venue customer experience…
Nanitor raises a 1.7M round led by Brunnur
Nanitor, a cybersecurity company, has raised 1.7M funding from Brunnur and other private investors. The new capital will be used to fund further expansion in foreign…
The first Icelandic all-female pitch competition at Harpa next Tuesday
A historic event will take place this upcoming Tuesday, May 24, where 17 all-female teams of innovators will take part in an idea competition for a…
Empower secures a $2.29M funding round led by Frumtak Ventures
Empower, an Icelandic DE&I (Diversity, Equality & Inclusion) firm focused on equality in the workplace, today announced it has secured $2.29m in funding. The funding round is led…
NeckCare closes $8M investment led by Idunn Venture Fund
NeckCare is an IT healthcare company that was founded in 2019. Its primary focus is on objective diagnosis and rehabilitation of neck injuries. The company’s goal…
50skills raises $2.6 million from Frumtak Ventures
50skills, an Icelandic HR SaaS and new-hire onboarding solution, today announced it has secured $2.6 million in funding, led by Frumtak Ventures. 50skills will leverage the fresh…
Sidekick Health closes $55m Series B led by Novator Ventures
International digital therapeutics leader Sidekick Health today announces that it has raised $55 million in Series B funding. The round was led by Novator Ventures, with…