Latest

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 collaboration in carbon capture and storage solutions. Valborg Lundegaard, CEO of Aker Carbon Capture, says in a recent press release that the collaboration will

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 Iceland made by OECD. It is stated in the survey that Iceland is an innovative country, but nonetheless it has untapped innovation

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 the Scandinavian IT company Advania, runs one of the largest data centres in Europe on the Reykjanes peninsula. According to a joint press

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 CEO in Iceland – says that the platform will revolutionise the international financial sector. According to Hólmþórsson, °neo offers a holistic solution for

The Icelandic video game company will start their Initial Public Offering (IPO) on the Nasdaq First North stock exchange, which is a part of Nasdaq Nordic, on Monday morning next week and ends on Wednesday afternoon. Arion Bank will be the manager of the IPO. Solid Clouds is a video

Smitten, a dating app for Generation Z and others who think online dating should be fun, has recently closed a 2.7m$ seed funding round led by byFounders, a community powered New Nordic VC. PROfounders, Brunnur Ventures, Inventures, Tiny.vc and several angel investors also partook in this round of