Florealis secures its second seed round financing

Florealis, a Startup Reykjavik company from the 2013 cohort, has secured its second round of seed financing of ISK 50 million (USD 395,000). The investor group behind the investment consists of experts from the pharmaceutical industry and angel investors. Previously, Florealis had secured another ISK 50 million in its first seed round.
Continue reading Florealis secures its second seed round financing

Icelandic creativity

In recent months, Iceland has been noticed by some non-local media for a rather typical Icelandic trait – creativity. Iceland has been acknowledged for years for its music scene, design and literal heritage. But today we are seeing a change in the entrepreneurial environment where startups are beginning to flourish, in the sense that they are gaining international (and local) traction. We see companies receiving funding on levels rarely seen in Iceland.

Continue reading Icelandic creativity