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Hefring Marine raises an undisclosed amount from New Business Venture Fund

Hefring Marine raises an undisclosed amount from New Business Venture Fund

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 funding round from New Business Venture Fund. The amount remains undisclosed, but it follows the announcement that the fund will receive a bit under

Raising €700K through a funding platform: an interview with Lava Cheese cofounder Guðmundur Páll Líndal

Raising €700K through a funding platform: an interview with Lava Cheese cofounder Guðmundur Páll Líndal

Last week we wrote about Lava Cheese raising money through Funderbeam. The story is interesting to me on several points: A company raising a solid seed amount using somewhat unconventional methods; most of the money coming from outside of Iceland, and the fact that a foreign platform supports funding Icelandic

Waltz of the Wizard: Extended Edition

Aldin announces Waltz of the Wizard: Extended Edition

Icelandic VR developer Aldin, recently announced Waltz of the Wizard: Extended Edition, following the success of their earlier game and the highest rated VR title on Steam, Waltz of the Wizard. “The Extended Edition adds new spells and interactive objects, with major visual remastering, performance improvements and additional options that

LavaCheese raises €700k seed round through Funderbeam

LavaCheese raises €700k seed round through Funderbeam

Icelandic food startup Lava Cheese, recently closed a €700k seed round using fundraising platform Funderbeam. The company, which is part of a growing scene of local, artisanal, specialty food producers, originally set aims for a round of €350-650K but had to cut fundraising short as they sailed passed their stretchgoal.

Svana Gunnarsdóttir

Svana Gunnarsdóttir is the new Managing Partner at Frumtak Ventures: an interview

Frumtak Ventures currently has two funds, Frumtak and Frumtak II. They were one of the three funds announced in early 2015. They were very active for two to three years, with their last fresh investment in 2017. This post is from The Memo, a newsletter from Northstack analysing the startup

The One is a new dating app based on chatting, not swiping

The One is a new dating app based on chatting, not swiping

Last week, dating app The One was released for iOS and Android, with the goal of changing how online dating works. “Dating apps have become a way to nourish your confidence – that someone likes how you look,” comments CEO and co-founder Davíð Símonarson. “It’s the exception, not the norm,

Disconnect and "Decelarate" in Startup Westfjords, the Startup Decelerator located in fishing village Þingeyri

Disconnect and "Decelarate" in Startup Westfjords, the Startup Decelerator located in fishing village Þingeyri

In stark contrast to the hectic life of startups, entrepreneurs and digital nomads can head to Þingeyri, a small town in the Westfjords of Iceland, to “decelerate.” “What our ‘decelerator’ really offers,” Arnar Sigurðsson, cofounder of the Blue Bank which hosts the program, “is the rare opportunity to slow down,