Northstack Editorial

Northstack Editorial

Oculis raises $15.7m in extension to B round, licenses new antibody

Oculis raises $15.7m in extension to B round, licenses new antibody

In two press releases today, Iceland founded Oculis Pharma announces an extension to their Series B round amounting to $15.7m (15.5m CHF), and an expansion to its portfolio through the licensing a novel antibody from Novartis. No financials are disclosed in relation to the licensing. “Oculis is evolving

Ankeri Solutions raise $500k seed round from NSA Ventures

Ankeri Solutions raise $500k seed round from NSA Ventures

Ankeri Solutions, the startup creating a shipping marketplace that rewards efficient, low-emissions vessels, just announced a $500k seed round led by NSA Ventures. The investment gives NSA Ventures a 12% ownership stake in the company. “We’ve been following Leifur and Kristinn for a long time and know of their

Ghostlamp secures $800k in new funding

Ghostlamp secures $800k in new funding

Influencer marketing marketplace Ghostlamp has secured an additional $800,000 in funding from local and international investors. The funding round is led by Brunnur Ventures, which previously invested in the company, with participation from angel investors. This brings total investment in the company to roughly $1.6m (200m ISK) over

Private Equity firm Diversis Capital acquires majority stake in Tempo at $62.5m valuation

Private Equity firm Diversis Capital acquires majority stake in Tempo at $62.5m valuation

Origo, parent company of Tempo Software, announced that it had reached an agreement to sell 55% of Tempo to Diversis Capital. Tempo is valued at $62.5m in the transaction, and Diversis will pay Origo $34.5m in cash for the share. Following the transaction, the owners (Origo and Diversis)

November Art Exhibition marks launch of the Icelandic Art Association, helping living artists tokenize their work

November Art Exhibition marks launch of the Icelandic Art Association, helping living artists tokenize their work

“The first test of our platform will be on November 18, at the opening of my art exhibition in the Reykjavik City Hall,” Brandur Bjarnason Karlsson, co-founder and CEO of Icelandic Art Association (IAA) tells Northstack. Brandur and Geoffrey Stekelenburg, co-founder and CTO, got this idea the idea this summer,

Íslandsbanki invests €3m in Meniga in strategic round

Íslandsbanki invests €3m in Meniga in strategic round

Íslandsbanki, one of Iceland’s “big three” banks invested €3m in Meniga, roughly ten years after Íslandsbanki became the fintech startup’s first customer. “We’re very happy to have Íslandsbanki join us as an investor and look forward to working closely with the bank,” CEO and cofounder Georg Lúðvíksson

GRID, the SaaS startup here to free the spreadsheet, raises $1m angel round

GRID, the SaaS startup here to free the spreadsheet, raises $1m angel round

GRID, the software company here to “Free the Spreadsheet,” closed a $1M angel round of funding this Monday. “We are thrilled that the international investment community joins us in our enthusiastic mission,” said Hjálmar Gíslason, founder and CEO. “We look forward to partnering with these investors to expand GRID’s