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Kjartan Örn Ólafsson joins Brunnur as Venture Partner

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 has served on the Board of Directors and Investment Committee for Brunnur Ventures since it was founded in 2015 but joins now as a

DT Equipment raises $5.5m Series A funding round from Chrysalix Venture Capital and Brunnur Ventures

DT Equipment raises $5.5m Series A funding round from Chrysalix Venture Capital and Brunnur Ventures

DT Equipment, developers of next-generation analytics technology for metals production and processing, just announced the close of a Series A financing with the new participation of Chrysalix Venture Capital and follow-on investment from Brunnur Ventures. DT Equipment previously raised a seed round from Brunnur Ventures. “We are delighted to welcome

Avo

Avo raises $3m and launches 'Inspector' for instant analytics governance

Avo, the startup helping teams track and manage analytics governance, just announced a $3m fundraise, led by GGV Capital, with participation from Heavybit and Y Combinator. The company previously raised capital from Brunnur Ventures and Investa and later became the first Icelandic company to participate in Y Combinator, the world’

David Helgason at Slush 2016

Unity files for IPO, will become first Icelander-founded company to be listed on NYSE

Last week, Unity the company behind the game engine that powers more than half of the top 1000 games in the Apple App Store and Google Play Store, filed their S-1 to go public on NYSE. The company, which will have the ticker symbol U, is raising up to $100m

Kerecis raises $21m in loans and convertible notes to fuel expansion

Kerecis raises $21m in loans and convertible notes to fuel expansion

Kerecis, the medical fish skin company, recently announced it had raised $21m from Silicon Valley Bank and previous investors to support the company’s expansion plans in the US. Of the $21m, $15m are in the form of a revolving line of credit from Silicon Valley Bank, and $6m in

Grid team

GRID raises $12m Series A led by NEA

GRID, the SaaS startup set to revolutionize how people work with data and numbers, just announced a $12m funding round led by New Enterprise Associates, with participation from existing investors BlueYard Capital, Slack Fund, Acequia Capital, Brunnur Ventures and other strategic partners. The company, founded by repeat founder Hjálmar Gíslason

BuddyPhone maker Nordic Enterprises raises $1.9m in convertible note

BuddyPhone maker Nordic Enterprises raises $1.9m in convertible note

Nordic Enterprises Ltd., the holding company for kids & education audio brands ONANOFF and BuddyPhones, has successfully completed a convertible bond offering. More than 75% of the Hong Kong based company is owned by Icelanders, and raised a $1m convertible a year ago. The company, founded by Pétur Ólafsson (CEO)