1939 Games delivers net profit in first active year
The Icelandic video game developer 1939 Games received 250 million kr. ($2 million) in revenue last year from their main product, the PC game KARDS. Moreover,…
Ásthildur Otharsdóttir named chairman of the board of Kaptio
Ásthildur Otharsdóttir has been named chairman of the board of Kaptio. She replaces Eggert Claessen who has been chairman of the board since 2016. This was…
Mussila signs a partnership deal with Swedish EdTech company Skolon
Mussila has made a deal with the Swedish EdTech platform Skolon. Skolon is one of the fastest growing EdTech companies in Sweden with a platform available…
Patent exports grew by almost half last year
The total value of exported patents in Iceland in 2020 was 50,9 billion kr. ($410 million) in 2020, which is 46% more than it was in…
Trading starts in Solid Clouds shares on the Nasdaq First North Growth Market
Yesterday marked the start of trading in Solid Clouds shares on the Nasdaq First North Growth Market. Solid Clouds is the first game developing company to…
Carbfix teams up with Aker Carbon Capture
The Icelandic carbon capture initiative Carbfix has signed a Memorandum of Understanding with a Norwegian firm working in the same industry, Aker Carbon Capture, on close…
Innovation in Iceland could be strengthened with improved R&D support for smaller firms
More effective support for business R&D would unlock private investment and improve the ability of smaller firms to innovate, according to a new Economic Survey for…
atNorth data centre signs new electricity contract to meet increasing blockchain demand
Iceland’s public energy provider, Landsvirkjun, has signed a new two-year electricity contract to support the continued growth of atNorth data centres. AtNorth, which is owned by…
Solid Clouds raises $5.8 million in an oversubscribed share offering
Solid Clouds has received orders in excess of the maximum number of Offer Shares in the company’s IPO that finished today. The maximum number of new…
Five°degrees launches the cloud banking platform °neo
The Icelandic/Dutch Fintech startup five°degrees formally unveiled its new cloud-native core banking platform, °neo, this Thursday. In an interview with Morgunblaðið, Björn Hólmþórsson – the company’s…