Latest

Margrét Ormslev Ásgeirsdóttir joins Brunnur Ventures as partner

Margrét Ormslev Ásgeirsdóttir joins Brunnur Ventures as partner

Although Northstack generally doesn’t discuss personnel movement, a hire – and new partner – within Icelandic VC is newsworthy. Margrét Ormslev Ásgeirsdóttir, who has served as part of executive management at Icelandic Carbon Recycling, is joining Brunnur Ventures as partner. The move is connected to Brunnur’s current fundraise, with the

Meniga closes a $9.4m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga closes a $9.4m strategic investment round led by Groupe BPCE, Grupo Crédito Agrícola & UniCredit

Meniga has closed an $9.4m (€8.5m) strategic investment led by customers Groupe BPCE, the second-largest banking group in France and lead investor in this round, Portugal’s Grupo Crédito Agrícola and long-standing strategic partner UniCredit. Other participants in the round include current institutional investors Velocity Capital, Industrifonden &

Startup SuperNova is a new 10 week accelerator in Iceland

Startup SuperNova is a new 10 week accelerator in Iceland

Startup SuperNova, a new 10-week accelerator, will start operating this summer, in a collaboration between Icelandic telecom Nova and Icelandic Startups, which previously operated Startup Reykjavik and other accelerators in Iceland. Applications for the first batch are open until June 10. The accelerator will be similar to Startup Reykjavik in

New accelerator to launch this summer, stepping in for Startup Reykjavík

New accelerator to launch this summer, stepping in for Startup Reykjavík

A new accelerator, based on experience and learnings from Startup Reykjavik, is set to launch before the start of the summer – under a new name – a source close to the project tells Northstack. Without being able to get into much details due to the nature of the project, the source

Bring on the Experts: Iceland should target remote workers and help them work from Iceland

Bring on the Experts: Iceland should target remote workers and help them work from Iceland

The last couple of weeks were quite eventful. The country is formally opening on June 15, the second Covid package for the economy is going through parliament, and – finally – the spring weather that Icelanders love so much is coming. In this newsletter, I want to try a new format, inspired

Íslandsbanki invests in Payday as part of collaboration

Íslandsbanki invests in Payday as part of collaboration

“Payday just signed a collaboration contract with Íslandsbanki, which also invested in Payday. Payday simplifies invoicing, payroll, accounting, and reporting. Following the collaboration, Íslandsbanki will offer Paydays’ services to its customers,” says in a statement to Viðskiptablaðið. “This contract brings new opportunities for both parties,” Björn Hr. Björnsson, CEO of

Hack The Crisis Iceland is looking for ideas, participants, mentors and collaborators

Hack The Crisis Iceland is looking for ideas, participants, mentors and collaborators

Hack The Crisis Iceland, a hackathon seeking solutions on how to deal better with challenges due to COVID-19, is seeking ideas about social problems for the hackathon’s participants to solve. Special emphasis is put on ideas related to welfare, education, and health service, but all ideas are highly appreciated,