Northstack Editorial

Northstack Editorial

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

The One is a new dating app based on chatting, not swiping

The One is a new dating app based on chatting, not swiping

Last week, dating app The One was released for iOS and Android, with the goal of changing how online dating works. “Dating apps have become a way to nourish your confidence – that someone likes how you look,” comments CEO and co-founder Davíð Símonarson. “It’s the exception, not the norm,

Disconnect and "Decelarate" in Startup Westfjords, the Startup Decelerator located in fishing village Þingeyri

Disconnect and "Decelarate" in Startup Westfjords, the Startup Decelerator located in fishing village Þingeyri

In stark contrast to the hectic life of startups, entrepreneurs and digital nomads can head to Þingeyri, a small town in the Westfjords of Iceland, to “decelerate.” “What our ‘decelerator’ really offers,” Arnar Sigurðsson, cofounder of the Blue Bank which hosts the program, “is the rare opportunity to slow down,

Monerium becomes world's first company to be granted e-money license

Monerium becomes world's first company to be granted e-money license

Icelandic blockchain startup, which recently raised a $2m seed round led by Crowberry Capital with participation from ConsenSys – a major player in the blockchain space, has just been granted an e-money license by the Icelandic Financial Supervisory Authority. I usually don't brag but I'm pretty proud

Kerecis raises $16m Series C

Kerecis raises $16m Series C

Kerecis, the medical fish skin company, just announced a $16m series C financing. The company sold new shares to the value of $10m, and converted $6m of promissary notes at the time of closing. Investors include Emerson Collective, which was founded by Laurene Jobs, the widow of late Steve Jobs

Here are the ten participating companies in Startup Reykjavik's 8th cohort

Here are the ten participating companies in Startup Reykjavik's 8th cohort

Startup Reykjavik, Iceland’s main accelerator, is running its eighth batch this summer. The accelerator, owned and funded by Arion Bank and operated by Icelandic Startups, received around 200 applications, ten of which were selected for the program which kicks off this Tuesday, June 11th. Baseparking: A valet parking service