Telling a good story on successful business measures is gratifying. Arion Bank has compiled detailed information on how it went about creating its internal accelerator, Digital Future, and presenting real impact of delivering new digital offerings. Investing in internal and external innovation has become part the Bank‘s genome. Continue reading
It’s that time of the year. Spring, sun and a selection process… Startup Reykjavik commences on June 12th, now for the sixth consecutive year. Although we saw a substantial drop in number of application for the accelerator, the quality of the teams is actually improving, at least on paper.
Diversity in the teams is great, as in recent years. Simplified, the participants are in five sectors:
- 2 hardware teams
- 2 gaming / VR teams
- 2 food teams
- 2 software teams
- 2 services teams (built on software)
The teams are:
- Bone & Marrow –
- Dataplato – cloud-based dashboard on monetary factors for accounting systems, targeting SMEs.
- Itogha – Technology to identify diet related problems and food based solutions
- Myrkur Software – Myrkur has developed platforming game projects, leading edge virtual reality software solutions and is currently working on a third person role playing fantasy game.
- My Shopper –
- Neat Team – We offer employees a choice of what they can have for lunch by ordering off a versatile online menu from various restaurants.
- Porcelain Fortress – game-development company with an emphasize on Virtual Reality (VR) and Augmented Reality (AR).
- Project Monsters – eildstætt einstaklingsmiðað námskerfi sem byggt er á nútímatækni og leiðandi kenningum í sálfræði.
- SAFE seat – SAFE Seat is the lowest cost suspension seat for boats. It keeps your spine safe in rough seas.
- ZIfra – open source memory cards that provide live encryption. Our smart memory card has the ability to automatically encrypt any information on the fly, as soon as the content is created
As before, Startup Reykjavik is a joint venture between Arion Bank and Icelandic Startups.
Since 2012, I have worked with investing in startups in Iceland through my work at Arion Bank in Reykjavik, Iceland. These investments come through the business accelerators Startup Reykjavik and Startup Energy Reykjavik. Each participant in the accelerator receives fresh equity in addition to the various support and perks available. Continue reading
The Startup Reykjavik saga continues. Arion Bank‘s accelerator program, Startup Reykjavik which was established in 2012, will be held from June – August this year. We have now chosen the ten participating teams for the summer. We will present them in the next few days. As in previous years, the diversity of the teams is great, ranging from food, software, hardware to gaming. Continue reading
As of next week, an interesting phase in my life starts. I am temporarily moving to S-California with my family. It’s just a short visit. I will be back in Iceland in January. Why? And what will you do there – one might ask. Continue reading
I have been involved in the Icelandic startup community since 2011. Before that, I followed the scene from the outside with interest, yet with little or no direct participation. During this time, it is extraordinary to have witnessed the positive change, enthusiasm and increased interest from pretty much everyone in the startup community. Let me reflect a bit on how and what has changed. Continue reading
The application process for Startup Reykjavik is now over. This year we received 247 applications which is a 76% increase since last year. Continue reading
Klappir, a green technology investment firm, has invested in Datadrive, a Startup Reykjavik 2015 company. The founders still remain majority owners in the company. The amount invested is not disclosed at this point. Continue reading