Northstack Editorial

Northstack Editorial

Medical fish skin company Kerecis closes $3m convertible note

Medical fish skin company Kerecis closes $3m convertible note

Ísafjörður based Kerecis, that creates fish skin based products to help with healing of wounds, recently announced it had sold a $3m convertible note to its current investors. All the largest investors in the company participated, and the note was oversubscribed. Kerecis was in NSA Ventures portfolio until 2014 when

Oculis raises $20.3m Series B round to advance treatment for Ophthalmic Diseases

Oculis raises $20.3m Series B round to advance treatment for Ophthalmic Diseases

Oculis, an Icelandic life sciences company, just announced a $20.3m (20m CHF) series B round led by a syndicate of leading life science venture funds including Bay City Capital, Novartis Venture Fund and Pivotal bioVenture Partners. Existing investors, including Brunnur Ventures and Silfurberg, also participated in the financing. “I

Top tech and startup news from 2017

Top tech and startup news from 2017

We’ve compiled a list of what we believe are the most notable and important news and happenings in the Icelandic startup and tech ecosystem in 2017. GreenQloud acquired by NetApp for $51 million Although this list is not in any particular order, NetApp’s acquisition of GreenQloud is likely

Travel tech startup Travelade raises $1.6m led by Crowberry Capital

Travel tech startup Travelade raises $1.6m led by Crowberry Capital

Travelade, a travel platform that helps millennials discover and book travel activities tailored to their tastes, just announced a $1.6m financing round led by Iceland’s newest venture capital fund, Crowberry Capital. Other participating investors are angel group Investa and several individuals. Hekla Arnardóttir from Crowberry and Hjálmar Gíslason

Solfar unveils newest VR project: In Death, a roguelite shooter

Solfar, the Icelandic VR studio founded by CCP veterans and backed by Reaktor Ventures, Inventure, NSA Ventures and more, just unveiled their next project after Everest VR. It’s called In Death and they described it as a “roguelite shooter, set in the godless afterlife.” From the announcement: In Death’

Nordic Style Magazine becomes first Icelandic Magazine distributed in the US

Nordic Style Magazine becomes first Icelandic Magazine distributed in the US

The Icelandic startup Nordic Style Magazine has signed a sales and distribution agreement with the world’s largest bookstore, Barnes & Noble. Nordic Style Magazine gives its global readers daily updates from the Nordic design, fashion, art and culture scene via its site, www.nordicstylemag.com. Nordic Style has scouted

Music education game Mussila re-released on iOS and Android

Rosamosi, the game studio behind the Mussila music education apps, just released a new version of their original Mussila game. It is available on iOS and Android. According to a statement, the new Mussila game is a “more exciting, and even more educative format. It has new more easily relatable