The second quarter of the year brings the first funding report we do in 2017. The reason: we only recorded one investment in Q1, so there’s no need for a special report on that. This report also is the first one since we started our big Icelandic startups scene data project which means that the data… Read More The Q2/2017 Funding Analysis
This post is from the Northstack Memo, our newsletter and commentary on recent happenings in the Icelandic startup ecosystem, written by @kiddiarni. NSA Ventures as a fund of funds Last week I wrote about the upcoming changes at NSA Ventures. Since then, the Minister for Innovation announced the working group tasked with proposing the changes.… Read More NSA as a fund of funds, pros and cons & the big picture
This post is from the Northstack Memo, our newsletter and commentary on recent happenings in the Icelandic startup ecosystem, written by @kiddiarni. The numbers: $3.6m in losses due to writedowns It shouldn’t surprise anyone that NSA Ventures was quiet last year. No fresh investments, and just over 200m ISK (~$1.6m) in follow ons. These are… Read More NSA Ventures is changing: Highlights from the annual meeting
Þórdís Kolbrún Reykfjörð Gylfadóttir has appointed a four person working group about NSA Venture’s future. She announced her intention to do so at NSA Venture’s annual meeting this May. In a press announcement, the ministry discusses the move: NSA Ventures, which started in 1998, was created because a lack of availability of startup funding which… Read More Minister for Innovation appoints working group about NSA Venture’s future
We start the year 2016 off with a roundup and analysis of the Q4 funding numbers for Iceland. Norðurskautið has been documenting and publicizing investments since it started, and these analysis will be recurring content on the site. To kick things off, we’d like to establish our methodology, as to explain any possible discrepancies appearing… Read More Iceland Q4 2015 Funding Analysis
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