MainManager acquired by View Software
Facility management software provider MainManager has been acquired by View Software. The amount remains undisclosed. Frumtak invested in MainManager in 2010 and sells its 23% share…
Frumtak sells its 11.33% stake in Controlant for $14.5m
Frumtak 1, one of the funds under management by Frumtak Ventures, has sold its 11.33% stake in Controlant for around $14.5m (a little under 2000m ISK,…
Dohop raises ‘multi-million dollar’ funding from SEP
Icelandic airline software vendor Dohop just announced an undisclosed growth equity round from Scottish Equity Partners (SEP). While the total amount remains undisclosed, Northstack’s sources place…
Controlant receives the 2020 Icelandic Innovation Award
Last week, digital supply chain visibility provider Controlan, received the 2020 Icelandic Innovation Award. The award, which was first granted in 1994, is presented annually by…
Laki Power raises funding round and appoints new CEO
Laki Power, an Icelandic company that provides high voltage surveillance and real-time monitoring for transmission systems, recently announced a growth investment led by Brunnur Ventures, which…
Sidekick Health raises $20m Series A led by Wellington Partners and Asabys Partners
Digital Therapeutics company Sidekick Health just announced a $20m Series A funding round, led by Wellington Partners and Asabys Partners, with participation from existing investors Novator…
Icelandic government introduces Remote Worker Visa
The Minister of Tourism, Industry, and Innovation, the Minister of Justice and the Minister of Finance and Economic Affairs have put in place measures to enable…
Controlant raises $15m Series B round to bring digital transformation to the supply chain
Controlant, maker of digital supply chain visibility solutions, today announced it has raised $15m in Series B funding. Participating in the round were current shareholders, local…
Stefanía G Halldórsdóttir joins Eyrir Venture Management as Managing Director for Eyrir Sprotar II
Stefanía G. Halldórsdóttir has joined Eyrir Venture Management, Eyrir Invest’s venture arm, as a new Managing Director for the company’s new VC fund, Eyrir Sprotar II. Stefanía…
Kjartan Örn Ólafsson joins Brunnur as Venture Partner
Kjartan Örn Ólafsson has joined Brunnur Ventures to help manage their new ~$60m (8 billion ISK) venture capital fund planned to go live this fall. Kjartan…