Northstack Editorial

Northstack Editorial

The Podcast #3 – Recent fundings and the Role of Government

In this edition, Jökull and Kiddi discuss the role of the government in building a startup ecosystem. The spark: several announcements from Gov’t institutions for actions and changes in policy aimed at making the startup ecosystem in Iceland better. The Ministry for Industry and Innovation published a draft for

Watchbox secures $380K funding from Frumtak 2

AppolloX, the makers of Watchbox, just announced a ISK 50 million (~$380,000) funding from venture fund Frumtak 2. The investment will be used to boost development of Watchbox, which by now is the company’s main product. This January, the team will move to the United States to focus

Radiant Games releases Box Island, participates in Hour of Code

Radiant Games, an Icelandic mobile gaming startup, just released its full-length title Box Island: Epic Coding Adventure. The release closely follows an earlier release of a shorter version of the game, specially released for Code.org’s Hour of Code events this week. In the game, players take part in

ARK Technology completes ISK 300 million financing round

ARK Technology just announced the closing of a financing round of ISK 300 million (~$2.3 million). The round is led by Brunnur, one of the new funds announced earlier this year, and is the first investment announced from that fund. Sigurður Arnljótsson and Helgi Júlíusson from Brunnur and Landsbréf

Activity Stream secures ISK 270 million funding

Today Activity Stream announced it had secured a ISK 270 million (~$2 million) funding from investment funds Eyrir Sprotar, Frumtak 2, míó, Startup Reykjavik Invest and danish fund Seed Capital. Activity Stream was founded in 2013, and subsequently took part in the Startup Reykjavik Accelerator, batch 2013. Activity Stream develops

Six Icelandic tech companies in the EMEA Fast 500 list

On October 23rd, Deloitte Iceland unveiled the Icelandic Tech Fast 50 list. The companies on the Fast 50 list also compete for a place on the Deloitte Technology Fast 500 EMEA list, which was unveiled this morning. Six Icelandic companies made the list, with Þula Nordic Source Solution topping at

The Tech & Startup Slack Community in Numbers

A little over a month ago, we announced the creation of Norðurskautið – the Icelandic Tech and Startup Community on Slack. We used the highly popular messaging app Slack, and some Stamplayapp wizardry to essentially create a open community, similar to the IRC channels some of us remember. In the last