Influencer marketing platform Takumi raises $4m Series A round

Takumi, the influencer marketing platform, just announced the successful raise of a $4m (£3.2m) Series A financing round. The investment will be used to fuel its US and global expansion. The investors are a mix of family offices and high-net worth individuals. “Influencer marketing is still in its early stages but will grow into a… Read More Influencer marketing platform Takumi raises $4m Series A round

TripCreator raises $2m, shuts down B2C product

TripCreator, maker of the AI-driven travel planning solution, just announced a $2m funding round. Investors are undisclosed. Previous investors include Míó, the investment company of Magnús Ingi Óskarsson, founder of Calidris, and Salting ehf. The company also announced that it will shut down its B2C product to focus solely on developing and selling its B2B whitelabel… Read More TripCreator raises $2m, shuts down B2C product

Meniga raises €7.5m led by Industrifonden

Fintech company Meniga just announced a €7.5m funding round led by Nordic investment fund Industrifonden. Previous investors – Velocity Capital, Frumtak Ventures and Kjölfesta – also participated in the round. From TechCrunch: “Today’s banks are under pressure to innovate and improve their customer experiences online and yet they are beholden to legacy processes and legacy… Read More Meniga raises €7.5m led by Industrifonden

SidekickHealth maker Goodlifeme raises $1.5m round led by Frumtak Ventures

Frumtak Ventures just announced a $1.5m investment into Goodlifeme AB, maker of Sidekick Health. Other participants in the round include Tennin ehf. and other investors. “This investment gives our team of physicians, psychologists, public health professionals and game developers the opportunity to deepen SidekickHealth’s global reach, particularly in the United States,” said Tryggvi Thorgeirsson, co-founder and CEO of Goodlifeme… Read More SidekickHealth maker Goodlifeme raises $1.5m round led by Frumtak Ventures

Icelandic/Dutch fintech startup Five Degrees raises €10 million

Five Degrees, the Icelandic / Dutch Fintech startup, recently announced a €10m funding round from new investors Karmijn Kapitaal. Previous investors 5square and Velocity Capital (also an investor in Meniga) also participated. “For us, Karmijn Kapitaal is more than just a new shareholder. Their investment is a sign of trust in our belief that delivering… Read More Icelandic/Dutch fintech startup Five Degrees raises €10 million

Oculis Pharma raises Series A led by Brunnur Ventures and Silfurberg

The pharmaceutical startup Oculis Pharma announced a Series A financing led by investors Brunnur Ventures and Silfurberg. The amount is undisclosed. “We are delighted to receive this support from Brunnur Ventures, Silfurberg and their co-investors to progress our development of DexNP,” Páll Ragnar Jóhannesson, CEO of Oculis, said in a statement. “In addition to providing financial resources,… Read More Oculis Pharma raises Series A led by Brunnur Ventures and Silfurberg

Greenqloud raises $4m from investor Kelly Ireland

Greenqloud, the maker of cloud management software Qstack, just announced a $4m investment from investor Kelly Ireland. Kelly will join the board of directors of the company. This was announced by Viðskiptablaðið today, and Kelly on Twitter a week ago. In a conversation with Viðskiptablaðið, Jónsi Stefánsson CEO of Greenqloud said this was a very important… Read More Greenqloud raises $4m from investor Kelly Ireland

Pharmaceutical company 3Z raises $400K seed round

3Z pharmaceuticals has closed a $400K seed round. The investors were Swiss biotech companies Baliopharm and Probiocon, as well as previous investors NSA Ventures and Sigþór Sigmarsson. “3Z offers a unique technology to speed up the development of innovative drugs for the treatment of all kind of neurological disorders,” says Andreas Hermann of Baliopharm and Probiocon,… Read More Pharmaceutical company 3Z raises $400K seed round

Industrial equipment maker DTE raises $1.1 from Brunnur

Industrial process and quality control equipment maker Dynamic Technology Equipment has raised ~$1.1 million (135m ISK) from venture capital fund Brunnur. This is announced on the website of Einar Gunnar Guðmundsson, who is Chairman of the Board at SER Holding, the Startup Energy Reykjavik investment company. The company develops specialized industrial equipment aimed at the aluminum… Read More Industrial equipment maker DTE raises $1.1 from Brunnur