gaming

Behold Ventures raises $25.9M for a new gaming VC fund focusing on the Nordics

Behold Ventures raises $25.9M for a new gaming VC fund focusing on the Nordics

This week Behold Ventures, a newly established Swedish VC fund, announced that they had raised $25.9M to invest solely in the gaming industry mainly in the Nordic countries including Iceland. Behold Ventures’ mission is to enable the next generation of game entrepreneurs by calling upon the experience of the

Teatime Games to close

Teatime Games to close

Teatime Games, the Icelandic startup that is best known for a hit mobile game called Trivia Royale, has ceased operations. According to Thor Friðriksson, one of Teatime’s founders, the revenue stream from the company’s products hasn’t proved sufficient and talks regarding further funding have broken down. Teatime

A new Arena for eSports to open this summer

A new Arena for eSports to open this summer

A high-rise building in Kópavogur will soon host a national arena for eSports in Iceland. Earlier this month plans were unveiled to open up an eSports arena, which will be called Arena. In a press release from Arena it is stated that the new facilities in Kópavogur will transform the