Nox Medical, the Icelandic maker of sleep monitoring and diagnostics devices, and FusionHealth, have merged to become Nox Health. As part of the merger, Icelandic private…
Just now, with the words that “Innovation isn’t a luxury, it’s a necessity,” Þórdís Kolbrún Reykfjörð Gylfadóttir the minister for Innovation, unveiled the Innovation Policy for…
Mainframe Industries, a new, Reykjavik-based but pan-Nordic gaming company, has raised €2m (~$2.2m) in seed funding to build what they describe as “the first MMO specifically…
Ripple, a global blockchain technology company that provides solutions to send money globally, just announced its acquisition of Icelandic company Algrím. The acquisition price remains undisclosed…
In this somewhat-late funding report, we look at VC and startup funding in 2018. We nicknamed 2017 “the year of the seed round” due to a…
Icelandic software company Men&Mice has been acquired by private equity fund SÍA III, which is managed by Stefnir. The acquisition price remains undisclosed. New Business Venture…
Today, Þórdís Kolbrún Reykfjörð Gylfadóttir, the minister for tourism, industry, and innovation, formally opened Work in Iceland, a “one-stop shop to provide comprehensive information about the…
In today’s multi-media content driven world, kids of all ages are exposed to sound all the time, more often than not viewing or listening with headphones.…
Creator of kid headphones Buddyphones, Nordic Enterprises Ltd., recently announced a $1m (125m ISK) funding round. The funding was through a convertible bond purchased by local…
Hefring Marine, an Icelandic startup that builds products to increase seafarer safety and give vessel owners insights into the use of their ships, just announced a…