Funding

Rocky Road Games, a mobile gaming startup from the founders of QuizUp and Trivia Royale, announced a $3 million seed round led by Luminar Ventures. Existing investors, Crowberry Capital and Sisu Ventures also participated in the round along with angel investors David Helgason, founder of Unity, and Matthew Wilson, a

Controlant, the digital pharmaceutical supply chain company, announced $40 million in new financing from Apax Credit Funds that will help the company accelerate growth and expand its offerings to global customers in the supply chain technology sector. “As pharma companies continue to innovate at pace and introduce breakthrough medicines and

SNERPA Power, the Icelandic startup founded in 2022 that uses real-time data to balance the energy grid and lower CO2 emissions, raised an oversubscribed first round of funding, co-led by VCs, Crowberry Capital and BackingMinds. The investment will be used for international expansion and further product development. SNERPA Power’s

Laki Power, which develops and produces surveillance stations to monitor the status of high-voltage lines, recently secured $3 million in financing. Eyrir Vöxtur led the funding round along with Brunnur Ventures and their current shareholders. The round of funding will support product development, additions to the current team, and continued

Nordic Ignite, an angel investment firm that focuses on providing early-stage capital to startups has invested in four Nordic startups this year. One of their investments, Keeps, is an Icelandic travel software company. The firm, whose co-founders include Ragnheiður H. Magnúsdóttir, Sigurjón Magnússon, and Ágústa Ýr Þorbergsdóttir, focuses on pre-seed