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TeaTime Games release Trivia Royale, their newest game

TeaTime Games release Trivia Royale, their newest game

Last week, mobile gaming startup Teatime Games released their newest game, Trivia Royale. With the launch, the founders are returning to their roots of trivia game development – the founding team stems from QuizUp, one of Iceland’s most prominent startups in recent years. After Þorsteinn B. Friðriksson, CEO and co-founder

Organise, Standardise, Attract: How Angel Investors Should Contribute to Iceland 2.0

Organise, Standardise, Attract: How Angel Investors Should Contribute to Iceland 2.0

Over the last weeks and months, a lot of talk has been around how innovation (and IP-intensive ventures) should be our focus, when building the next phase of the Icelandic economy. The government has announced and delivered some measures towards that goal – by increasing R&D tax refunds, speeding

Startup SuperNova and the Startup Reykjavik legacy

Startup SuperNova and the Startup Reykjavik legacy

Startup Reykjavik was founded in 2012, by Arion Bank and Icelandic Startups (then Klak Innovit). That same year was the first year of the Startup Iceland conference, so in a sense, 2012 is the year that some of the longer living programs, that put their mark on the year and

Verne Global raises $27m to expand its Icelandic data center campus

Verne Global raises $27m to expand its Icelandic data center campus

Verne Global, a provider of advanced data center solutions for high-performance computing (HPC), recently announced a new round of funding of $27m to expand its Icelandic data center campus. All current investors – the Wellcome Trust, Novator Partners, Stefnir, and General Catalyst – participated in the round. “The funding expands the enterprise

Margrét Ormslev Ásgeirsdóttir joins Brunnur Ventures as partner

Margrét Ormslev Ásgeirsdóttir joins Brunnur Ventures as partner

Although Northstack generally doesn’t discuss personnel movement, a hire – and new partner – within Icelandic VC is newsworthy. Margrét Ormslev Ásgeirsdóttir, who has served as part of executive management at Icelandic Carbon Recycling, is joining Brunnur Ventures as partner. The move is connected to Brunnur’s current fundraise, with the

Meniga closes a $9.4m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga closes a $9.4m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga has closed an $9.4m (€8.5m) strategic investment led by customers Groupe BPCE, the second-largest banking group in France and lead investor in this round, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Other participants in the round include current institutional investors Velocity Capital, Industrifonden &

Startup SuperNova is a new 10 week accelerator in Iceland

Startup SuperNova is a new 10 week accelerator in Iceland

Startup SuperNova, a new 10-week accelerator, will start operating this summer, in a collaboration between Icelandic telecom Nova and Icelandic Startups, which previously operated Startup Reykjavik and other accelerators in Iceland. Applications for the first batch are open until June 10. The accelerator will be similar to Startup Reykjavik in