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Florealis launches fundraising campaign through Funderbeam

Florealis launches fundraising campaign through Funderbeam

Today, Florealis, an Icelandic herbal medicine company, launched an equity fundraising campaign on Funderbeam. The funding will be used to support the company’s growth in Sweden and to launch the company’s products into more markets. Florealis has previously raised several rounds of funding, the most recent a $3.

Þórdís Kolbrún: “With Kría, we’re providing oxygen” - an interview with the minister of innovation

Þórdís Kolbrún: “With Kría, we’re providing oxygen” - an interview with the minister of innovation

What follows is an interview I conducted with Þórdís Kolbrún Reykfjörð Gylfadóttir, the minister for innovation and industries, on the biggest policy announcement from last week’s event: Kría, the Icelandic Venture Initiative. This interview was first published in our newsletter, The Memo. Disclaimer: I’ve been consulting with the

An innovation and entrepreneurship think tank, and more policy actions to come

An innovation and entrepreneurship think tank, and more policy actions to come

Last Thursday, Þórdís Kolbrún R. Gylfadóttir presented actions for the benefit of the innovation environment of Iceland at the Federation of Icelandic’s Industry’s (SI) Technology Summit (is. Tækni- og Hugverkaþing). These actions are a follow up of the government’s innovation policy. Earlier this week, we covered two

Minister of Innovation announces Kría, the Icelandic Venture Initiative

Minister of Innovation announces Kría, the Icelandic Venture Initiative

Þórdís Kolbrún R. Gylfadóttir, the minister of innovation, just announced plans for Kría an Icelandic Venture Initiative at the Federation of Icelandic Industry’s (SI) Technology Summit (is. Tækni- og Hugverkaþing). (Disclaimer: Kristinn from Northstack has been consulting with the ministry on this topic and others) “With this initiative we’

Northstack is asking for your help

Northstack is asking for your help

Northstack has since 2015 covered, gathered data on, analysed, commented, and discussed the Icelandic startup, innovation and venture ecosystem. What started as a simple blog has grown into something (a little bit) bigger with regular reports, and analyses, on topics that few or no other media in Iceland focuses on.

Reykjavík continues winning - in the per capita game

Reykjavík continues winning - in the per capita game

Silicon Valley has, for many years, been a global center for technology and innovation. Still, more and more people have started to wonder if the region is losing some of its entrepreneurial magic due to policies limiting new immigration in the country and the prohibitive costs of living. That is

Kara Connect raises €1.2 million funding round from The New Business Venture Fund

Kara Connect raises €1.2 million funding round from The New Business Venture Fund

Kara Connect, the only GDPR compliant online therapy and practice management platform in Iceland, just raised a €1.2 million funding round, bringing in The New Business Venture Fund with a 10% share. This is the second round of VC funding for Kara Connect after an investment by Crowberry Capital