Kerecis secures a $40M investment from the owners of LEGO
KIRKBI, a Danish investment firm best known for being the owner of the brand LEGO, will invest $40M in the Icelandic company Kerecis. With this transaction,…
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…
Empower secures a $2.29M funding round led by Frumtak Ventures
Empower, an Icelandic DE&I (Diversity, Equality & Inclusion) firm focused on equality in the workplace, today announced it has secured $2.29m in funding. The funding round is led…
NeckCare closes $8M investment led by Idunn Venture Fund
NeckCare is an IT healthcare company that was founded in 2019. Its primary focus is on objective diagnosis and rehabilitation of neck injuries. The company’s goal…
Sidekick Health closes $55m Series B led by Novator Ventures
International digital therapeutics leader Sidekick Health today announces that it has raised $55 million in Series B funding. The round was led by Novator Ventures, with…
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…
Dohop receives additional investment from SEP
SEP (Scottish Equity Partners), who previously had invested an undisclosed amount into Dohop in late 2020, invested additional capital into Dohop. The size of this round…
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…
SalesCloud secures a $4M funding round led by SaltPay
The Icelandic fintech startup SalesCloud has secured a $4M funding round led by SaltPay and a group of Icelandic investors. SalesCloud’s software provides SMBs increase sales…
Rocky Road raises $2.5M from Crowberry Capital and Sisu Game Ventures
Rocky Road, a social games company, has announced a $2.5 million Seed funding round led by Crowberry Capital and Sisu Game Ventures. The company plans to…