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Nanitor raises a 1.7M round led by Brunnur

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 markets. Nanitor is a cybersecurity management platform that focuses on hardening security fundamentals across IT infrastructure. Their solution actively enforces technical policy based

The first Icelandic all-female pitch competition at Harpa next Tuesday

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 prize of 1.000.000 ISK. In addition to that, one team will be awarded the audience choice award. The teams will pitch their

Empower secures a $2.29M funding round led by Frumtak Ventures

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 by Frumtak Ventures, an Icelandic VC firm. Tennin, an early-stage angel investment firm, also participated in the round. The

NeckCare closes $8M investment led by Idunn Venture Fund

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 is to improve the effectiveness of musculoskeletal disorders with the development of technology that supports objective assessment and individualized rehabilitation. NeckSmart, The company’

50skills raises $2.6 million from Frumtak Ventures

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 capital to scale its solution for global markets, beginning with high-turnover industries in the Nordics and UK. 50skills claims that it’s

Sidekick Health closes $55m Series B led by Novator Ventures

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 additional participation from Wellington Partners, Asabys Partners, and Frumtak Ventures, as well as a US-based strategic investor that will be revealed at a later

Kara Connect raises $6.3m from Idunn Venture Fund

Kara Connect raises $6.3m from Idunn Venture Fund

Icelandic health tech company Kara Connect, which was founded in 2015, has completed a $6.3m financing round, led by Idunn venture fund, with the aim to support further growth in Europe. Kara Connect is a multilevel engine connecting professionals in health and welfare support to clients looking for help.