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Fréttir

Svana Gunnarsdóttir

Frumtak sells its 11.33% stake in Controlant for $14.5m

Frumtak 1, one of the funds under management by Frumtak Ventures, has sold its 11.33% stake in Controlant for around $14.5m (a little under 2000m ISK, the exact amount is undisclosed), to a group of Controlant’s current investors led by Investco ehf. The transaction values the company

Dohop team

Dohop raises 'multi-million dollar' funding from SEP

Icelandic airline software vendor Dohop just announced an undisclosed growth equity round from Scottish Equity Partners (SEP). While the total amount remains undisclosed, Northstack’s sources place it in the ‘multi-million pound’ range, meaning a significant investment into travel tech amidst a global pandemic that has been a serious impediment

Laki Power raises funding round and appoints new CEO

Laki Power raises funding round and appoints new CEO

Laki Power, an Icelandic company that provides high voltage surveillance and real-time monitoring for transmission systems, recently announced a growth investment led by Brunnur Ventures, which previously invested in Laki Power last year, with participation from Silfurberg. In addition to new funding, the company announced the appointment of Dr. Bjorgvin

Sidekick Health raises $20m Series A led by Wellington Partners and Asabys Partners

Sidekick Health raises $20m Series A led by Wellington Partners and Asabys Partners

Digital Therapeutics company Sidekick Health just announced a $20m Series A funding round, led by Wellington Partners and Asabys Partners, with participation from existing investors Novator and Frumtak. The company specialises gamified digital therapeutics solutions and programs focused on chronic and lifestyle diseases. SidekickHealth maker Goodlifeme raises $1.5m round

Gísli Herjólfsson, co-founder CEO

Controlant raises $15m Series B round to bring digital transformation to the supply chain

Controlant, maker of digital supply chain visibility solutions, today announced it has raised $15m in Series B funding. Participating in the round were current shareholders, local institutions like insurance companies Sjóvá and VÍS, as well as private investors and family offices. The placement was managed by Arion Bank Corporate Finance.

Stefanía G Halldórsdóttir joins Eyrir Venture Management as Managing Director for Eyrir Sprotar II

Stefanía G Halldórsdóttir joins Eyrir Venture Management as Managing Director for Eyrir Sprotar II

Stefanía G. Halldórsdóttir has joined Eyrir Venture Management, Eyrir Invest’s venture arm, as a new Managing Director for the company’s new VC fund, Eyrir Sprotar II. Stefanía joins Eyrir from Landsvirkjun – Iceland’s largest power producer, where she was Executive Director of Marketing and Business Development. “I’m

Kjartan Örn Ólafsson joins Brunnur as Venture Partner

Kjartan Örn Ólafsson joins Brunnur as Venture Partner

Kjartan Örn Ólafsson has joined Brunnur Ventures to help manage their new ~$60m (8 billion ISK) venture capital fund planned to go live this fall. Kjartan has served on the Board of Directors and Investment Committee for Brunnur Ventures since it was founded in 2015 but joins now as a