Northstack Editorial

Northstack Editorial

1939 Games raises $2m led by Tencent

1939 Games, maker of World War II digitally collectible card game Kards, just announced a $2m fundraise. The investment was led by Tencent, with participation from Finnish Sisu Game Ventures and Crowberry Capital. Viðskiptablaðið reports. “It’s a great acknowledgement of what we’ve done so far to have as

Reinvent the Pen: How an Icelandic Startup Is Tackling Diabetes

Reinvent the Pen: How an Icelandic Startup Is Tackling Diabetes

One day while visiting his father, Sigurjón Lýðsson realized a gaping hole in the medical treatment of diabetics: there was no straightforward way to monitor injections of insulin. Insulin pumps were too expensive—and though insulin pens might abound, patients could easily lose track of measurements and dosage. For Sigurjón,

Already Surpassing 2017: The Iceland H1 2018 Funding Analysis

Already Surpassing 2017: The Iceland H1 2018 Funding Analysis

Published a little late, this report looks at funding activity for startups and tech companies in Iceland in the first half of 2018, Jan 1 through June 30. The year started with a bang with three notable investments announced in the first ten days of 2018. We’ve tracked one

Tempo to sell 30% to HPE Growth Capital at $62.5 million valuation

Tempo to sell 30% to HPE Growth Capital at $62.5 million valuation

The Origo Board of Directors yesterday signed an agreement with HPE Growth Partners on an exclusive negotiation with the objective selling 30% of Tempo (subsidiary of Origo) to the investment fund. The valuation will be $62.5m This marks the end of a long sale cycle for Tempo, which we

Takumi raises $4m Series B to expand US office

Influencer marketing platform Takumi just announced a $4m (£3m) Series B round from UK and US angels and investment funds. The company raised a $4m Series A round in May 2017. The company was founded in 2015 by Guðmundur Eggertsson, Jökull Sólberg og Mats Stigzelius. It has over 40 employees

Just One Click: Car Parts, Instantaneous Orders and a Late-night Email to Jeff Bezos

The company started with a basic idea: help businesses streamline and automate their sales processes. The usual administrative headaches ensued. Late one evening, in a fit of bleary desperation, a cofounder concocted an email to Jeff Bezos, Amazon’s CEO and the world’s richest man. And that’s when

VR startup Aldin raises $1m led by Crowberry Capital, Announces New VR Product

Aldin, the virtual reality company behind Waltz of the Wizard, just announced a $1m funding round led by Crowberry Capital with participation from Investa. In addition to the funding, the company announced a new VR experience aimed at consumers. “Believable reality experiences are unlike anything that’s been possible in