Northstack Editorial

Northstack Editorial

Startup SuperNova is a new 10 week accelerator in Iceland

Startup SuperNova is a new 10 week accelerator in Iceland

Startup SuperNova, a new 10-week accelerator, will start operating this summer, in a collaboration between Icelandic telecom Nova and Icelandic Startups, which previously operated Startup Reykjavik and other accelerators in Iceland. Applications for the first batch are open until June 10. The accelerator will be similar to Startup Reykjavik in

New accelerator to launch this summer, stepping in for Startup Reykjavík

New accelerator to launch this summer, stepping in for Startup Reykjavík

A new accelerator, based on experience and learnings from Startup Reykjavik, is set to launch before the start of the summer – under a new name – a source close to the project tells Northstack. Without being able to get into much details due to the nature of the project, the source

Bring on the Experts: Iceland should target remote workers and help them work from Iceland

Bring on the Experts: Iceland should target remote workers and help them work from Iceland

The last couple of weeks were quite eventful. The country is formally opening on June 15, the second Covid package for the economy is going through parliament, and – finally – the spring weather that Icelanders love so much is coming. In this newsletter, I want to try a new format, inspired

Building a Food Startup from Iceland: Interview with Garðar Stefánsson, CEO of GoodGood

Building a Food Startup from Iceland: Interview with Garðar Stefánsson, CEO of GoodGood

In the last several weeks, there’s been some interesting developments in the food startup scene. Not food-tech, but good ol’ product development, based on new ideas, branding, and lifestyle trends. GoodGood, a producer of non-sugar added sweet products, like chocolate spreads, raised $3m, and healthy snack company Responsible foods

'Awesome Reykjavik' launches to assist people settling in Reykjavik

'Awesome Reykjavik' launches to assist people settling in Reykjavik

Last week, a new community organised website – Awesome Reykjavik – launched with the goal of assisting people moving from abroad to Iceland getting settled in Iceland. “The idea is to speed up the time it takes for immigrants to get settled, by creating a guide in English,” Jökull Sólberg, one of

Covid Response: The Startup Edition

Covid Response: The Startup Edition

Yesterday, the leaders of the Icelandic government announced the so-called “Package number 2” – a set of economic stimulus initiatives to support the Icelandic economy following the Covid outbreak. The package ranged from grants for companies that had to close due to bans on gatherings, to 100% backed loans (sounds similar

What's up with the constant "Annual Report"-reporting?

What's up with the constant "Annual Report"-reporting?

Last week, Viðskiptablaðið published a news article titled “Grid valuated at 1.7bn ISK” (or ~12m at current exchange rates). The article, which is reporting straight out of the annual report of Brunnur Ventures, states the following: “In the fund’s books, a 1.9% share of Grid is valued