Startup Reykjavik Values its Portfolio since 2012 at $2.3m (278m ISK)

In a new post by Einar Gunnar Guðmundsson of Arion Banki, he reveals that Arion Banki’s daughter company Startup Reykjavik Invest currently values its portfolio of companies that have participated in Startup Reykjavik at $2.3m (278m ISK). The bank’s total direct investment (not counting the operational fees of the accelerator) in Startup Reykjavik companies has… Read More Startup Reykjavik Values its Portfolio since 2012 at $2.3m (278m ISK)

Berlin based Klang Games raise $5m investment

Klang Games, the Berlin based, Icelander founded gaming company, just announced a $5m investment from gaming VC Makers Fund, as well as Firstminute Capital, Neoteny, Mosaic Ventures, and Novator. Gamesindustry Biz reported. The company was previously backed by notable Icelandic tech veterans David Helgason (Founder of Unity) and Adalsteinn Ottarsson (previously CCP, now Sr. Development Director… Read More Berlin based Klang Games raise $5m investment

Nordic Style Magazine becomes first Icelandic Magazine distributed in the US

The Icelandic startup Nordic Style Magazine has signed a sales and distribution agreement with the world’s largest bookstore, Barnes & Noble.  Nordic Style Magazine gives its global readers daily updates from the Nordic design, fashion, art and culture scene via its site, www.nordicstylemag.com.  Nordic Style has scouted new designers and talents, which in many cases have been featured… Read More Nordic Style Magazine becomes first Icelandic Magazine distributed in the US

Music education game Mussila re-released on iOS and Android

Rosamosi, the game studio behind the Mussila music education apps, just released a new version of their original Mussila game. It is available on iOS and Android. According to a statement, the new Mussila game is a “more exciting, and even more educative format. It has new more easily relatable characters, more fun and more interactivity.” They… Read More Music education game Mussila re-released on iOS and Android