Northstack Editorial

Northstack Editorial

The implications of Plain Vanilla’s wind down

Note: Several months ago we started writing in English, to widen our possible audience. Now we’ve finally changed to an English name: Northstack. Hope you like it! Also, this post is a part of the Northstack Memo, you can sign up here. As you all likely know, Plain Vanilla

Plain Vanilla to wind down as TV show is canceled

Following the cancelation of planned TV show QuizUp America, Plain Vanilla will wind down most of operations in the coming months. QuizUp will still be operated. The company has gone from no revenue to almost break even since the beginning of the year, and while that wasn’t enough to

Tempo's earnings, restructuring, and possible sale

This post was originally sent out as part of The Memo, our weekly newsletter with updates and commentary on the Icelandic startup and tech scene. You can sign up here. As expected, Tempo continues its double-digit year-on-year sales growth this quarter. Announced by Finnur Oddsson, Nýherji CEO (Tempo parent company)

Northzone VC on Startup Reykjavik companies: "I will have at least two follow-up calls immediately"

“Absolutely. From the pitches, I will have at least two follow-up calls immediately,” said Marta Sjögren, Principal at Northzone Ventures, when Norðurskautið asked if she was planning on taking meetings with any of the companies that were pitching today. “Their ability to communicate their bigger vision was great, and also

Seven Startup Reykjavik companies to watch

Today is investor day at Startup Reykjavik 2016. This is the fifth time the accelerator is operated and today’s pitches by the ten companies participating this year are a culmination of 10 weeks of work. The event invites investors, corporate executives, and press to see, and potentially invest in,

Mint Solutions raise €5m Series B

Mint Solutions, developer of the medication safety system MedEye, just announced a €5m Series B round led by Brabant Development Partners and LSP (Life Sciences Partners), and Seventure Partners. Other shareholders, including Icelandic NSA Ventures, and smaller private shareholders, also participated in the round. “This investment comes at a crucial

Meniga announces €7.3m investment led by Velocity Capital and Frumtak Ventures

Meniga just announced it raised a €7.3m ($8.3m) round led by current investors Velocity Capital and Frumtak Ventures earlier this year. The funding will be used to further expand its white label personal finance, personalization and data-driven marketing solutions for retail banks and merchants, according to a statement.