interview

"The worst funds are those that keep you hanging on and are always lukewarm"

"The worst funds are those that keep you hanging on and are always lukewarm"

Earlier this year, GRID raised a $12 million investment from NEA. The company founded by Hjálmar Gíslason began its funding process in the middle of the first wave of the Covid-19 pandemic and the funding round is the largest raised by an Icelandic startup pre-revenue. When the pandemic hit, the

Building a Food Startup from Iceland: Interview with Garðar Stefánsson, CEO of GoodGood

Building a Food Startup from Iceland: Interview with Garðar Stefánsson, CEO of GoodGood

In the last several weeks, there’s been some interesting developments in the food startup scene. Not food-tech, but good ol’ product development, based on new ideas, branding, and lifestyle trends. GoodGood, a producer of non-sugar added sweet products, like chocolate spreads, raised $3m, and healthy snack company Responsible foods

An uncommon story: NetApp doubles down in Iceland - interview with Jonsi Stefansson CTO & VP Cloud, NetApp

An uncommon story: NetApp doubles down in Iceland - interview with Jonsi Stefansson CTO & VP Cloud, NetApp

This post originated in the Memo, our (almost) weekly newsletter. Click here to sign up. This article has been updated with correct information about Novomatic Lottery Solutions/Betware, which didn’t close down shop completely, as the remaining office was acquired by Next Generation Lotteries. On August 4 2017, Silicon

Some lackluster numbers for Iceland: Discussing the byFounders dealflow numbers with Eric Lagier

Some lackluster numbers for Iceland: Discussing the byFounders dealflow numbers with Eric Lagier

Late in January, the Nordic&Baltic venture capital fund byFounders, sent out a community update which included some interesting statistics on their deal flow and operations. In short, they invested in ~1% of the companies the reviewed – 11 out of 1,000 companies. (Screenshot below) But to me, that

Raising €700K through a funding platform: an interview with Lava Cheese cofounder Guðmundur Páll Líndal

Raising €700K through a funding platform: an interview with Lava Cheese cofounder Guðmundur Páll Líndal

Last week we wrote about Lava Cheese raising money through Funderbeam. The story is interesting to me on several points: A company raising a solid seed amount using somewhat unconventional methods; most of the money coming from outside of Iceland, and the fact that a foreign platform supports funding Icelandic

Þórdís Kolbrún in interview with VB – several thoughts

Þórdís Kolbrún in interview with VB – several thoughts

This post is from the Northstack Memo, our newsletter and commentary on recent happenings in the Icelandic startup ecosystem, written by @kiddiarni. A couple of weeks ago, Viðskiptablaðið published its annual Entrepreneurs magazine. The paper named Platome startup of the year (í: sproti ársins) and Mint Solutions entrepreneur of the