Northstack Editorial

Northstack Editorial

Controlant receives $2.47 million funding

Controlant has received $2.47 million (320m ISK) in a funding round led by venture fund Frumtak 2, which is joined by various other investors through the investment company TT Investments ehf. This investment was included in Norðurskautið’s Q4 2015 funding analysis. Controlant offers automated cloud-based temperature monitoring solutions

2015: A record year for Icelandic tech investments

A report by The Nordic Web on Icelandic tech and startup investments in 2015 shows a staggering 1,568% growth in year-on-year funding from 2014 to 2015. Number of investments rose from seven to seventeen. This massive growth in funding is mainly fueled by three big investments: Verne Global’s

Kids are reading less and Study Cake wants to fix that

Study Cake, one of Startup Reykjavik’s 2015 batch, is launching its app today. The app, which aims at making reading more fun, by allowing parents (and others) to gamify their children’s reading. “Children are reading less, and we want to fix that problem,” says Kjartan Þórisson, CEO and

Klak Innovit becomes Icelandic Startups

Today, startup community organization Klak Innovit, organizer of initiatives like Gulleggið idea competition and the Startup Reykjavik and Startup Energy Reykjavik accelerators, is rebranding as Icelandic Startups. “The new brand accompanies a decision to focus more on global relations and cooperation on behalf of the Icelandic Startup Community,” says Salóme

Iceland Q4 2015 Funding Analysis

We start the year 2016 off with a roundup and analysis of the Q4 funding numbers for Iceland. Norðurskautið has been documenting and publicizing investments since it started, and these analysis will be recurring content on the site. To kick things off, we’d like to establish our methodology, as

Frumbjörg is crowdfunding an innovation center for individuals with disabilities

Frumbjörg, Innovation Center for Mobility, is an initiative started by Brandur Karlsson in cooperation with Sjálfsbjörg, the national federation of the disabled. The initiative is aimed at providing people with disabilities with the opportunity to create their own job opportunities and develop innovations within the healthcare and social sectors. The

Meet Solid Clouds' new MMORTS game Starborne: Sovereign Space

Solid Clouds is a game studio established in the fall of 2013, and is currently developing an online multiplayer grand-strategy 4X game called Starborne: Sovereign Space. New players start with a small space station which they try to grow by investing in new infrastructure and spaceships. During the six months