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Crowberry Capital raises $17.5M to close its fund Crowberry II

Crowberry Capital raises $17.5M to close its fund Crowberry II

In the middle of 2021, Crowberry announced that they had raised funding for a new fund called Crowberry II. Back then, they raised $90M from multiple LP, including The EIF (European Investment Fund), Icelandic pension funds, several family offices, and angels including David Helgason, founder of Unity Technologies. Below is

Garden.io raises $16M Series A led by 468 Capital and Sorensen Ventures

Garden.io raises $16M Series A led by 468 Capital and Sorensen Ventures

Garden.io is an end-to-end development and testing platform for Kubernetes. The Berlin-based company was founded by three Icelanders in 2018. Yesterday the company announced a $16 million Series A, co-led by 468 Capital and Sorenson Ventures, with participation from existing investors Crowberry Capital, Fly Ventures and more. Garden.io

Mainframe Industries raises $22.9M Series B led by a16z

Mainframe Industries raises $22.9M Series B led by a16z

Mainframe Industries, an Icelandic-Finnish gaming company formed in April 2019 to develop the world’s first cloud-native MMO, announced today the closing of $22.9M of additional funding. “When we first met the team, we were impressed by a roster of talent inclusive of the original developers behind trail-blazing MMOs

Crowberry Capital raises $90m fund

Crowberry Capital raises $90m fund

Crowberry Capital has raised a $90m fund and expect to $40m to close in 2022. The EIF (European Investment Fund) is the lead LP having signed a €20 million participation in Crowberry Fund II, with backing from the EU’s “InnovFin Equity” programme. Other investors include Icelandic Pension funds, several

Lucinity raises $2m to build their "augmented intelligence" anti-money-laundering solution

Lucinity raises $2m to build their "augmented intelligence" anti-money-laundering solution

Lucinity, an Icelandic startup working in the anti-money-laundering space, just announced a $2m seed round led by Crowberry Capital, with participation from Preceptor Capital and international angel investors. “In Lucinity, we saw a team that has tremendous relevant execution experience and an extremely innovative approach that we believe will be

VR startup Aldin raises $1m led by Crowberry Capital, Announces New VR Product

Aldin, the virtual reality company behind Waltz of the Wizard, just announced a $1m funding round led by Crowberry Capital with participation from Investa. In addition to the funding, the company announced a new VR experience aimed at consumers. “Believable reality experiences are unlike anything that’s been possible in

Crowberry Capital has raised $38m for its debut fund

Crowberry Capital has raised $38m for its debut fund

Crowberry Capital – the new early stage VC fund founded by former NSA Ventures veterans Helga Valfells, Hekla Arnardóttir and Jenný Ruth Hrafnsdóttir – just announced they had raised $38m (4bn ISK) for the funds first close. Final close is at $48m (5bn ISK). “We’ve been working on preparing and raising