Controlant, maker of digital supply chain visibility solutions, today announced it has raised $15m in Series B funding. Participating in the round were current shareholders, local institutions like insurance companies Sjóvá and VÍS, as well as private investors and family offices. The placement was managed by Arion Bank Corporate Finance.
The following is a post from the Memo – Northstack’s weekly opinion and analysis column on recent news in the tech, venture and innovation sector in Iceland. You can subscribe here. Minister promises not to “invent the wheel” and asks the industry to join her in publicising the topic At
Arion Bank, the owner and principal backer of Startup Reykjavik has Leiguskjól in Iceland), a fintech company that participated in Startup Reykjavik. After the transaction, Arion holds 51% of the company shares. The two companies have also entered into a partnership agreement. “Our vision at Igloo for the future of
The main supporter of Startup Reykjavik, and investor in all the Startup Reykjavik companies, Arion Bank, is discontinuing support for the accelerator. Vísir reports, based on sources from inside the bank, which comments to Vísir that the issue is under consideration within the bank. The program, which is owned by