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Gender Analysis of the 2022 Funding Report

Gender Analysis of the 2022 Funding Report

Last year, we reported on how funding rounds were split between the genders of founders for the first time. In our last report for 2022, we continued the trend with a promise of more detailed analysis through the gender lens. This year, we’re adding an additional report focusing on

Oculis raises an additional $15M in funding before going public

Oculis raises an additional $15M in funding before going public

The Iceland-founded biopharmaceutical company Oculis which is purposefully driven to save sight and improve eye care with innovations has raised $15M as first reported by Viðskiptablaðið. The participating investors in this newly secured funding round are from Iceland and abroad. This funding adds to the $80M that the company raised

The Bestest Year Yet: Over $380 Million into Icelandic Startups

Looking back at 2022 we can surely say that the Icelandic Startup and VC ecosystem was lively. The year broke records for the most amount of deals in a single year recorded in Iceland and smashed the record for cumulative funding in a year. Maybe this should come as no

Indó has opened for business

Indó has opened for business

Indó, the Icelandic savings bank that intends to improve the financial services available to the Icelandic people, has officially opened for business. The only service that indó currently offers is a debit card account available for every Icelander over the age of 18. With that account, people will be able

LearnCove secures a $900K funding round

LearnCove secures a $900K funding round

LearnCove, a digital training platform that simplifies training processes, has raised a little more than $900K in a recent funding round as reported by Viðskiptablaðið. Two shareholders, Hilmar Veigar Pétursson, the CEO of CCP Games, and Info Capital, an investment firm owned by Reynir Grétarsson, increased their stake in the

Crowberry Capital raises $17.5M to close its fund Crowberry II

Crowberry Capital raises $17.5M to close its fund Crowberry II

In the middle of 2021, Crowberry announced that they had raised funding for a new fund called Crowberry II. Back then, they raised $90M from multiple LP, including The EIF (European Investment Fund), Icelandic pension funds, several family offices, and angels including David Helgason, founder of Unity Technologies. Below is

Controlant to raise funds in the near future

Controlant to raise funds in the near future

The Icelandic digital supply chain visibility provider Controlant plans to issue new shares in Q1 as reported by Fréttablaðið. The amount of capital the company hopes to raise has not been decided. This funding will play a vital role in Controlant’s future expansion, the company is on the verge