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DTE secures $10M funding from Novelis and the EIC Fund

DTE secures $10M funding from Novelis and the EIC Fund

DTE, developers of next-generation metal production and manufacturing, has successfully closed its Series A2 funding round, raising $10 million. Novelis, Metaplanet, and the European Innovation Council (EIC) Fund, along with existing investors Chrysalix Venture Capital and Brunnur Ventures participated in the round. DTE previously raised a Series A round from

Vitar Games secures $550K from Behold Ventures and Brunnur to develop WWI Strategy game Dig In

Vitar Games secures $550K from Behold Ventures and Brunnur to develop WWI Strategy game Dig In

Icelandic game developer Vitar Games has secured $550K in its first round of funding, with Behold Ventures and Brunnur leading the investment. The funding will be used to further develop the company’s debut game, Dig In, which offers a novel approach to reinvigorating the management and strategy genre with

PaxFlow secures a $2.2M investment from Brunnur

PaxFlow secures a $2.2M investment from Brunnur

Icelandic travel technology startup, PaxFlow, has secured $2.2M in investment from Brunnur, the Icelandic venture capital firm. The investment will enable PaxFlow to continue the development of its products, and also expand its sales and marketing activities in international markets. Up to eight software experts are soon to be

Glaze secures $1.1M in funding from Brunnur

Glaze secures $1.1M in funding from Brunnur

Glaze, a Reykjavik-based technology startup, today announced it has secured $1.1M in funding from Brunnur, the Icelandic venture capital firm. The funds will be used to accelerate the development of Glaze’s order and pay solutions for the experience economy, enabling businesses to offer frictionless, contactless experiences to customers.

Nanitor raises a 1.7M round led by Brunnur

Nanitor raises a 1.7M round led by Brunnur

Nanitor, a cybersecurity company, has raised 1.7M funding from Brunnur and other private investors. The new capital will be used to fund further expansion in foreign markets. Nanitor is a cybersecurity management platform that focuses on hardening security fundamentals across IT infrastructure. Their solution actively enforces technical policy based

Arctic Theory raises a $2m round from Brunnur

Arctic Theory raises a $2m round from Brunnur

The Icelandic gaming studio Arctic Theory was founded by gaming veterans Gísli Konráðsson, Matthías Guðmundsson, Snorri Sturluson and Jón Bjarni Bjarnason. The four of them all have connections in some way to CCP Games and EVE Online which connects them. However, individually they also boast impressive resumés, where parts of

Taktikal closes $2M investment from Brunnur Ventures

Taktikal closes $2M investment from Brunnur Ventures

Taktikal, a developer of digital trust solutions, announced that Brunnur Ventures invested $2M into the company. Taktikal provides enterprise-grade electronic signature solutions that allow companies to automate and streamline processes that require identification, authentication and authorisation. According to a press release the new funding will accelerate international sales expansion of