News

Influencer marketing marketplace Ghostlamp has secured an additional $800,000 in funding from local and international investors. The funding round is led by Brunnur Ventures, which previously invested in the company, with participation from angel investors. This brings total investment in the company to roughly $1.6m (200m ISK) over

Origo, parent company of Tempo Software, announced that it had reached an agreement to sell 55% of Tempo to Diversis Capital. Tempo is valued at $62.5m in the transaction, and Diversis will pay Origo $34.5m in cash for the share. Following the transaction, the owners (Origo and Diversis)

“The first test of our platform will be on November 18, at the opening of my art exhibition in the Reykjavik City Hall,” Brandur Bjarnason Karlsson, co-founder and CEO of Icelandic Art Association (IAA) tells Northstack. Brandur and Geoffrey Stekelenburg, co-founder and CTO, got this idea the idea this summer,

Íslandsbanki, one of Iceland’s “big three” banks invested €3m in Meniga, roughly ten years after Íslandsbanki became the fintech startup’s first customer. “We’re very happy to have Íslandsbanki join us as an investor and look forward to working closely with the bank,” CEO and cofounder Georg Lúðvíksson

GRID, the software company here to “Free the Spreadsheet,” closed a $1M angel round of funding this Monday. “We are thrilled that the international investment community joins us in our enthusiastic mission,” said Hjálmar Gíslason, founder and CEO. “We look forward to partnering with these investors to expand GRID’s

Elsa Science, a Swedish life science company that helps people with chronic illnesses make better lifestyle choices, announced on October 16 a $700,000 seed round from investors Inventure, Crowberry Capital, and several angels. Hekla Arnardóttir of Crowberry will join the board. This investment marks the first time Crowberry Capital