Indó and PayAnalytics among the winners at the recent Nordic Fintech Week
The Nordic Fintech week which was held this week in Copenhagen gathered visionary thought leaders and founders working in the Financial Industry from across the Nordic…
The Icelandic dating app Smitten raises $10M in Series A funding
Iceland’s most popular dating app, Smitten, has raised $10M in Series A funding from Makers Fund, Possible Ventures, Wonder Invest and current shareholders ByFounders, ProFounders, Tennin, and…
Abler raises $3.7M from Frumtak Ventures to improve sports management
Abler, a sports management technology company and the creator of Sportabler, announced today it has raised $3.7M in post-seed funding from Icelandic VC firm Frumtak Ventures. Abler…
Memento raises a $1.2M funding round from multiple Icelandic investors
Memento is a software startup that sets up and operates payment card applications. This Icelandic startup has now closed a $1.2M funding round from multiple Icelandic…
Sling was sold to Toast for $60.6M
This summer we announced that Sling was acquired by Toast, a huge American restaurant platform as can be seen below. More information about the sale has…
The Data-Nerd Approach to Seed Funding
Today, we’re cross-posting an insightful article by Stefán Baxter, the CEO of Quick Lookup, that was originally posted on their Medium blog. In the article, Stefán…
Justikal secures a $2.8M funding round from Eyrir Vöxtur
The Icelandic innovation company Justikal has raised a $2.8M funding round from the growth fund Eyrir Vöxtur. The newly acquired capital is supposed to strengthen the…
Loki Foods raises $650K in pre-seed funding
The Icelandic-based startup Loki Foods which plans to produce plant-based seafood has received $650K in pre-seed funding from multiple investors. Among participating investors in this recent…
The Icelandic Directorate of Health sues Kara Connect
The Icelandic Directorate of Health has decided to sue Kara Connect, the Icelandic practice management platform for the health- and welfare sector. This decision follows a…
The team is the key: What do Icelandic investors look for in entrepreneurs?
The team is the most important factor when deciding whether to invest or not, at least according to Reykjavik University students Selma Rún Friðjónsdóttir and Tryggvi…