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Lucinity secures a $17M Series B funding round led by Keen Venture Partners

Lucinity secures a $17M Series B funding round led by Keen Venture Partners

This week, Lucinity announced the closing of a $17 million Series B investment round, led by Keen Venture Partners. Other investors taking part in this round include Venturing, Experian, and other existing investors like Crowberry Capital, Karma Ventures, and byFounders. Lucinity is a Reykjavík-based anti-money laundering (AML) software developer that

Klang Games, an entertainment studio with strong Icelandic connections, secures $41M funding

Klang Games, an entertainment studio with strong Icelandic connections, secures $41M funding

Klang Games just announced they have secured $41 million of Series C funding from multiple investors. Animoca Brands and Kingway Capital led this funding round, but other investors like Anthos, Novator, Supercell, Roosh, and Angelhub also took part. The newly acquired capital is supposed to further grow the company as

Gabriel Jagger, the son of The Rolling Stones star, invests $150K in Overtune

Gabriel Jagger, the son of The Rolling Stones star, invests $150K in Overtune

Overtune, a fast-growing Icelandic startup just raised $150K in funding from a multimedia company called Whynow. Whynow, which operates an online magazine, production house, and e-commerce service, is run by the founder of the company, Gabriel Jagger. Gabriel is the son of the iconic rock & roll star Mick Jagger,

Kerecis secures a $40M investment from the owners of LEGO

Kerecis secures a $40M investment from the owners of LEGO

According to recent press coverage, 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, KIRKBI will hold a 6.4 percent stake in the company resulting in a valuation of Keracis of approximately

3Z raises a $2M funding round for its preclinical research of new ADHD and Insomnia therapeutics

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 will be used to accelerate the finalization of preclinical studies on 3Z´s lead therapeutic candidates in ADHD and insomnia. Using its unique zebrafish

Polarama‘s upcoming web system is supposed to revolutionize the film industry

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 new system will be launched in November this year. NN is supposed to revolutionize the Icelandic film industry by making it more environmentally friendly,

Activity Stream announces an acquisition of two companies

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 platform. These two companies share Activity Stream’s ambition to be at the forefront in solving key challenges the live entertainment sector faces as