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 our coverage of the subject… Read More Crowberry Capital raises $17.5M to close its fund Crowberry II
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 helps companies deliver faster to the cloud,… Read More Garden.io raises $16M Series A led by 468 Capital and Sorensen Ventures
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 like EVE Online and Habbo Hotel,” commented… Read More Mainframe Industries raises $22.9M Series B led by a16z
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 family offices, and angels including David… Read More Crowberry Capital raises $90m fund
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 a game changer for firms… Read More Lucinity raises $2m to build their “augmented intelligence” anti-money-laundering solution
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 the past, offering the accessibility of movies and interactivity… Read More VR startup Aldin raises $1m led by Crowberry Capital, Announces New VR Product
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 the fund since December 2016,… Read More Crowberry Capital has raised $38m for its debut fund
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