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NeckCare raises $900,000 in funding round

NeckCare raises $900,000 in funding round

The Icelandic healthcare and tech company NeckCare has raised 120 million kr. ($900,000) in equity through a recent funding round, according to a report by Viðskiptablaðið. Both new and existing shareholders decided to participate in the funding round, which was conducted in collaboration with the Icelandic consultancy Arcur. According

Big rounds and big money, but early stage is lacking – The 2020 Funding Report

Big rounds and big money, but early stage is lacking – The 2020 Funding Report

Another year, another funding report, where we highlight investment data, discuss and (try to) analyse trends as they emerge. As a reminder, here you can find an overview of earlier reports, and for info on methods and data, please see the section at the end of the report. 27 investments

Appointment scheduling startup Noona raises $1.4m from SaltPay

Appointment scheduling startup Noona raises $1.4m from SaltPay

Noona, an appointment scheduling company that allows users to schedule services and appointments, recently announced a $1.4m (€1.2m) funding round from financial technology company SaltPay. Last year, SaltPay acquired Borgun, one of Iceland’s payment processing companies. The investment will be used to grow the product development team

Twitter acquires Icelander founded design agency Ueno

Twitter acquires Icelander founded design agency Ueno

Twitter has acquired design studio Ueno, founded by Haraldur Thorleifsson. Dantley Davis, CDO of Twitter, announces this in a tweet: Excited to share that today we’re welcoming the @uenodotco team to Twitter! 👋🏾 — Dantley Davis (@dantley) January 6, 2021 Terms of the acquisition have not been announced. Ueno is a

Poppins & Partners unveil their 2020 startup list

Poppins & Partners unveil their 2020 startup list

The consulting firm Poppins & Partners (P&P) has published their list 39 prominent startups in Iceland according to a nomination board compiled of experts from the startup ecosystem. The list is divided into four categories: Seeds, Cuttings, Growth-Sprouts, and Pioneers and the criteria for making the list was

"The worst funds are those that keep you hanging on and are always lukewarm"

"The worst funds are those that keep you hanging on and are always lukewarm"

Earlier this year, GRID raised a $12 million investment from NEA. The company founded by Hjálmar Gíslason began its funding process in the middle of the first wave of the Covid-19 pandemic and the funding round is the largest raised by an Icelandic startup pre-revenue. When the pandemic hit, the

Kevin Laws

Great for tourists, complex for expats - An interview with AngelList CEO Kevin Laws on his three month stay in Iceland

Last summer, Kevin Laws, the CEO of AngelList, relocated to Iceland with his family for three months. We met over coffee at Kaffi Vest back in September when it was still legal to meet strangers in person. Kevin was a Covid-19 refugee in Iceland. He came to Iceland for business,