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Interview with Pétur Ólafsson, founder of BuddyPhones and ONANOFF

Interview with Pétur Ólafsson, founder of BuddyPhones and ONANOFF

In today’s multi-media content driven world, kids of all ages are exposed to sound all the time, more often than not viewing or listening with headphones. This led to a considerable amount of kids developing hearing issues due to the high volume possible through the headphones This, in part,

Buddyphones maker Nordic Enterprises Ltd. raises $1m

Buddyphones maker Nordic Enterprises Ltd. raises $1m

Creator of kid headphones Buddyphones, Nordic Enterprises Ltd., recently announced a $1m (125m ISK) funding round. The funding was through a convertible bond purchased by local (Icelandic) investors. Centra assisted with the financing. The company was founded by Pétur Ólafsson and Bjarki Garðarsson with the goal of designing and developing

Hefring Marine raises an undisclosed amount from New Business Venture Fund

Hefring Marine raises an undisclosed amount from New Business Venture Fund

Hefring Marine, an Icelandic startup that builds products to increase seafarer safety and give vessel owners insights into the use of their ships, just announced a funding round from New Business Venture Fund. The amount remains undisclosed, but it follows the announcement that the fund will receive a bit under

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

Waltz of the Wizard: Extended Edition

Aldin announces Waltz of the Wizard: Extended Edition

Icelandic VR developer Aldin, recently announced Waltz of the Wizard: Extended Edition, following the success of their earlier game and the highest rated VR title on Steam, Waltz of the Wizard. “The Extended Edition adds new spells and interactive objects, with major visual remastering, performance improvements and additional options that

LavaCheese raises €700k seed round through Funderbeam

LavaCheese raises €700k seed round through Funderbeam

Icelandic food startup Lava Cheese, recently closed a €700k seed round using fundraising platform Funderbeam. The company, which is part of a growing scene of local, artisanal, specialty food producers, originally set aims for a round of €350-650K but had to cut fundraising short as they sailed passed their stretchgoal.

Svana Gunnarsdóttir

Svana Gunnarsdóttir is the new Managing Partner at Frumtak Ventures: an interview

Frumtak Ventures currently has two funds, Frumtak and Frumtak II. They were one of the three funds announced in early 2015. They were very active for two to three years, with their last fresh investment in 2017. This post is from The Memo, a newsletter from Northstack analysing the startup