Northstack Editorial

Northstack Editorial

Thoughts on Slush Play, 2nd edition

On Friday the second edition of Slush Play came to close, after two days packed with talks and panels about VR and gaming. All in all, it was a great event and the Icelandic Startups team deserves great praise for their work. Iceland’s VR ambitions Over the recent months,

Bullshit taxes and Icelanders abroad

The following post is from The Northstack Memo, our weekly commentary newsletter on everything startups and tech in Iceland. You can sign up here. Bullshit taxes incoming It continues to amaze me how politicians can be bullied by lobby groups that are at the brink of total irrelevancy. The newest

Autodesk in Iceland closing down: Is 2016 the year of “Closing-up-shop”?

Autodesk in Iceland (previously Modio) has laid off all its employees and is closing up shop. Modio was founded in 2014 by Hilmar Gunnarsson, and sold less than 18 months later to 3D printing giant Autodesk. The company created a smartdevice app to build 3D printable toys that was later

Influencer marketing platform Takumi announces $1.4m (£1.1m) funding round

Influencer marketing platform Takumi just announced a $1.4m (£1.1m) funding round from a number of UK angel investors. This brings total investment in the company to $3.3m (£2.6m) in three rounds. “We’re excited to bring the Takumi offering to new markets,” said CEO Mats Stigzelius

Seven companies chosen for Startup Energy Reykjavik

The third batch of Startup Energy Reykjavik companies has been announced. The companies will receive $40,000 in seed funding from backers Arion Bank, Landsvirkjun, Innovation Center Iceland, and GEORG. The accelerator is operated by Icelandic Startups and The Geothermal Cluster (Gekon). The following companies will participate: * Arctic Sea Minerals:

We need your help to gauge the status of Icelandic tech scene

Northstack is working with London based VC fund Atomico on their annual State of European Tech report. You can find their 2015 edition here. Click here to take the State of European Tech survey. A part of the report analyses the local tech communities based on a survey of founders,

You want to start a company. But why?

Having been through the startup process several times (DataMarket was my fourth as a founder), I have come to the conclusion that the most important part of starting a company is for the founder or founders to think about and agree upon why they want to build the company in