Northstack’s 2023 Funding Report reveals advances in gender diversity and strong foreign participation in Iceland

In 2023, Iceland’s startup ecosystem underwent a notable transformation following the previous year’s surge in venture…

Giant Ventures will invest in Nordic startups from its $250 million fund

Giant Ventures, a global venture capital firm, has announced a new fund of $250 million (2.6…

Iceland-based healthtech startup Leviosa raises $1m pre-seed from 60+ healthcare pros

Leviosa, a health technology startup based in Gardabær, recently secured $1 million in pre-seed funding. The…

Iceland’s PayAnalytics is acquired by beqom, advancing pay equity solutions in global compensation management

Reykjavik-based startup PayAnalytics, renowned for its innovative approach to tackling pay inequity through data analytics, was…

Iceland’s Exmon Software is acquired by Danish TimeXtender, uniting expertise for enhanced data solutions

Reykjavik-based Exmon Software, known for its expertise in handling data quality and master data management, has…

Icelander Controlant secures $80 million to advance zero-waste pharmaceutical supply chains

Reykjavík-based Controlant recently concluded an $80 million funding round, securing $40 million from the Icelandic pension…

Icelandic cybersecurity startup Keystrike gets $1M pre-seed en route to US market expansion

Keystrike, an innovative cybersecurity startup based in Iceland, has recently announced securing a substantial $1 million…

Iceland-based startup secures $7.6M to enhance virtual tabletop role-playing game (TTRPG) platform

Quest Portal, a Reykjavík-based company, has secured $7.6 million in funding from investors such as Lakestar,…

Icelandic digital health startup expands with acquisition of German PDT developer

Reykjavik-based startup Sidekick Health has made a strategic move by acquiring aidhere, a German company specializing…

Icelandic startup secures $2.2M seed funding for unique bird-like drone design

Reykjavik-based startup Flygildi has made a notable funding announcement, securing $2.2 million in seed funding from…