Research & Reports

In addition to covering the tech, startup, and investment scene, Northstack does custom reports, research and reports.

Previous work includes public policy analysis, comparison and recommendations, sector analysis, investment reports, and other projects aimed at increasing insights and understanding into the startup, tech and innovation sector in Iceland.

Reach out to our founder, Kiddi, at, for all enquiries.

Funding & Exit Reports

We do regular funding reports about funding activity in Iceland, and publish them on Northstack. You can find our previous reports here:


A comprehensive report on the state of the Icelandic Game Industry

The first comprehensive report on the Icelandic Game Industry, written and compiled by Northstack for Icelandic Game Industry (IGI) and Promote Iceland. The report paints a picture of the Icelandic Game Industry and how it has evolved throughout the last ten years.

An overview report of the Fintech ecosystem in Iceland

A report on the Fintech ecosystem in Iceland, creating a comprehensive and interesting discussion on the Icelandic Fintech ecosystem, published by The Icelandic Fintech Cluster and SFF, the Icelandic Financial Services Association and written by Northstack.

Nýsköpunarlandið: A research report on the innovation environment in Iceland

A research report mapping startup’s leader’s opinion on the innovation environment in Iceland. The research is a collaboration between Northstack, Gallup and the Technology Development Fund (is. Tækniþróunarsjóður), and is funded by the Ministry of Industries and Innovation.

SEP Monitor – Iceland: A Growing Ecosystem Full of PotentialA report focusing on Icelandic startups that have raised more than $1 million in venture funding. The report was written by Mind the Bridge (MtB), a Silicon Valley/European organization dedicated to technology scouting for large corporations, and mainly built on data from Northstack.