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Nordic Secondary Fund invests $2.4M in DTE

Nordic Secondary Fund invests $2.4M in DTE

Nordic Secondary Fund has invested $2.4M in DTE, developers of next-generation metal production and manufacturing, through an acquisition of common shares from a selected group of DTE's initial shareholders. Nordic Secondary Fund is the only fund in the Nordics that exclusively invests in secondaries and this is

Nordic Women in Tech Awards 2023 winners announced

Nordic Women in Tech Awards 2023 winners announced

The Nordic Women in Tech Awards announced the winners of its annual awards program, during a gala event hosted at Harpa on November 9th. The annual awards program honors women leaders and emerging leaders in technology across the Nordic countries culminating in the gala event. The program and event were

A digital innovation portal for entrepreneurs in Iceland

A digital innovation portal for entrepreneurs in Iceland

Skapa.is, a website that features information about the Icelandic entrepreneurial scene, will have an increased role maintaining a digital innovation portal for the Ministry of Higher Education, Science and Innovation. Since its launch this past year, Skapa.is has proved popular within the Icelandic startup ecosystem as a place

NSA and Kría to be merged

NSA and Kría to be merged

Áslaug Arna Sigurbjörnsdóttir, Minister of Higher Education, Science and Innovation, published plans to merge Nýsköpunarsjóður atvinnulífsins (NSA or The New Business Venture Funds) and Kría (Iceland Venture Initiative). While NSA invests in startups, Kría invests in VC funds operating in Iceland. Addressing the new initiative, Áslaug

Quest Portal raises $7.6M and launches tabletop role-playing game subscription

Quest Portal raises $7.6M and launches tabletop role-playing game subscription

Reykjavík-based Quest Portal announced the launch of Quest Portal Pro, a subscription platform for playing tabletop role-playing games (TTRPGs) on both desktop and mobile devices. Founded in 2021, Quest Portal has raised $7.6M from investors including Lakestar and Moonfire, Brunnur, other Icelandic investors, and gaming industry veterans like Bing

"Defend Iceland" Secures $2.6M grant from EU Commission's Digital Europe Plan

"Defend Iceland" Secures $2.6M grant from EU Commission's Digital Europe Plan

Defend Iceland is a cybersecurity project led by Theodor Ragnar Gislason, the Chief Technology Officer and Head of Innovation at Syndis, that received a $2.6M grant from the European Commission as part of the Digital Europe plan. The funding will be used to create a nationwide bug bounty platform

Sidekick Health acquires aidhere to add regulated Prescription Digital Therapeutics to its portfolio

Sidekick Health acquires aidhere to add regulated Prescription Digital Therapeutics to its portfolio

Sidekick Health, a global leader in digital health, is acquiring aidhere, the German developer of prescription digital therapeutics (PDT). The move will expand Sidekick Health's offerings by expanding into the direct prescribing space working collaboratively with healthcare providers. By integrating aidhere’s expertise and products into its portfolio,