Sign in Subscribe

News

Fréttir

Influencer marketing platform Takumi announces $1.4m (£1.1m) funding round

Influencer marketing platform Takumi just announced a $1.4m (£1.1m) funding round from a number of UK angel investors. This brings total investment in the company to $3.3m (£2.6m) in three rounds. “We’re excited to bring the Takumi offering to new markets,” said CEO Mats Stigzelius

Seven companies chosen for Startup Energy Reykjavik

The third batch of Startup Energy Reykjavik companies has been announced. The companies will receive $40,000 in seed funding from backers Arion Bank, Landsvirkjun, Innovation Center Iceland, and GEORG. The accelerator is operated by Icelandic Startups and The Geothermal Cluster (Gekon). The following companies will participate: * Arctic Sea Minerals:

Plain Vanilla to wind down as TV show is canceled

Following the cancelation of planned TV show QuizUp America, Plain Vanilla will wind down most of operations in the coming months. QuizUp will still be operated. The company has gone from no revenue to almost break even since the beginning of the year, and while that wasn’t enough to

Tempo's earnings, restructuring, and possible sale

This post was originally sent out as part of The Memo, our weekly newsletter with updates and commentary on the Icelandic startup and tech scene. You can sign up here. As expected, Tempo continues its double-digit year-on-year sales growth this quarter. Announced by Finnur Oddsson, Nýherji CEO (Tempo parent company)

Northzone VC on Startup Reykjavik companies: "I will have at least two follow-up calls immediately"

“Absolutely. From the pitches, I will have at least two follow-up calls immediately,” said Marta Sjögren, Principal at Northzone Ventures, when Norðurskautið asked if she was planning on taking meetings with any of the companies that were pitching today. “Their ability to communicate their bigger vision was great, and also

Mint Solutions raise €5m Series B

Mint Solutions, developer of the medication safety system MedEye, just announced a €5m Series B round led by Brabant Development Partners and LSP (Life Sciences Partners), and Seventure Partners. Other shareholders, including Icelandic NSA Ventures, and smaller private shareholders, also participated in the round. “This investment comes at a crucial

Meniga announces €7.3m investment led by Velocity Capital and Frumtak Ventures

Meniga just announced it raised a €7.3m ($8.3m) round led by current investors Velocity Capital and Frumtak Ventures earlier this year. The funding will be used to further expand its white label personal finance, personalization and data-driven marketing solutions for retail banks and merchants, according to a statement.