The Update

Karolina Fund nominated for Best Social Enterprise at Global Startup Awards

Crowdfunding platform Karolina Fund was in the running for the Global Startup Awards in Kuala Lumpur, Malaysa on December 9th 2016. Karolina Fund was nominated in the category Best Social Enterprise. The company previously won that category at the Nordic Startup Awards, which qualifed them for the Global edition. The winner of the category was Romanian Mira Rihab.

About Global Startup Awards

The Global Startup Awards started as a way of recognizing entrepreneurs within the Nordic Region in 2012. It is now annually celebrated throughout 26 countries in 3 regions across the Nordics, Central Europe and South East Asia.

About Karolina Fund

Karolina Fund is a crowdsourcing and crowdfunding community where ideas come to life. Karolina Fund is a social platform, on which creators can obtain funding from the crowd, and others can invest, create, interact and/or offer their services and expertise.

Keystrike secures pre-seed funding from Philippe Langlois, cybersecurity entrepreneur

The Icelandic cybersecurity startup Keystrike has secured funding from Philippe Langlois, founder of cybersecurity company Qualys (QLYS) which is currently valued at over $4 billion. Keystrike’s technology was invented by Ymir Vigfusson, Associate Professor at Emory University, to rethink multi-factor authentication. “Keystrike seals off the path that is commonly

Smári McCarthy, CEO of Ecosophy and Steph Matti, COO of Ecosophy

Ecosophy's 'OverView' wins in EU Space Agency competition

Ecosophy’s prototype for its platform OverView is among the winners of the EU Space Agency’s (EUSPA) innovation competition. Ecosophy is an Icelandic startup focusing on making environmental data actionable, in part by making access to data from EUSPA’s Copernicus system accessible. The company received a prize of

Kerecis becomes Iceland's first Unicorn after being acquired by Coloplast for up to $1.3 billion

Kerecis has signed an agreement with Coloplast, the Danish medical device manufacturer, to be acquired for up to $1.3 billion, making them Iceland’s first Unicorn company. In today’s Kerecis business meeting, which took place in Ísafjörður where they have a manufacturing facility, Fertram Sigurjónsson, founder and CEO

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