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…
Iceland Innovation Week announces official 2022 program
Iceland Innovation Week is taking place for the third time May 16-20th. The aim of the festival is to be a marketing window for Nordic innovation…
Garden.io raises $16M Series A led by 468 Capital and Sorensen Ventures
Garden.io is an end-to-end development and testing platform for Kubernetes. The Berlin-based company was founded by three Icelanders in 2018. Yesterday the company announced a $16…
Dohop receives additional investment from SEP
SEP (Scottish Equity Partners), who previously had invested an undisclosed amount into Dohop in late 2020, invested additional capital into Dohop. The size of this round…
Arctic Theory raises a $2m round from Brunnur
The Icelandic gaming studio Arctic Theory was founded by gaming veterans Gísli Konráðsson, Matthías Guðmundsson, Snorri Sturluson and Jón Bjarni Bjarnason. The four of them all…
SalesCloud secures a $4M funding round led by SaltPay
The Icelandic fintech startup SalesCloud has secured a $4M funding round led by SaltPay and a group of Icelandic investors. SalesCloud’s software provides SMBs increase sales…
Funding Report Followup: Our data and method
In our recent 2021 funding report we decided to highlight the gender composition of the founding teams we tracked throughout the year. The figure, 22 all-male…
Rocky Road raises $2.5M from Crowberry Capital and Sisu Game Ventures
Rocky Road, a social games company, has announced a $2.5 million Seed funding round led by Crowberry Capital and Sisu Game Ventures. The company plans to…
LearnCove closes $780K Investment led by InfoCapital
The training and educational platform, LearnCove, has secured $780K in funding to accelerate international sales in the fishing industry. Learncove’s platform aims to replace the manual…
Staying Strong: The 2021 Icelandic Funding Analysis
January, that wonderful time of the year when we can look back at 2021 and dissect the funding landscape for Icelandic startups and VC’s. If you…