Awards are a good way to celebrate good things. Lift them up. Focus on ideas, people or stuff that has an interesting way about them. Nordic Startup Awards are intended to celebrate exactly that within the Nordic startup communities. Continue reading
When encouraging people to apply to an accelerator like Startup Reykjavik to individuals I meet here in Iceland, there are generally speaking two types of dialogues I engage in. First, they are with those who have an idea of a particular business and are ready to make the jump to the real world with it, i.e. start a company around the idea. Second, there are those who have been working on the idea, and either have incorporated or are about to. Continue reading
The Icelandic company KeyNatura has signed an agreement with Eyrir Sprotar where Eyrir invests ISK 311 millions (USDM 2.4) in KeyNatura.
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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.
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Wasabi Iceland, a Startup Reykjavik company – 2015 cohort, has secured its first round of seed financing of ca ISK 50 million. The investement comes from a consortium of investors.
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For the fifth year in a row, Startup Reykjavik will be held during the summer of 2016. Iceland’s first seed stage, mentor driven accelerator is again on the move. We’ve just opened up for applications and the deadline is March 31st.
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Fram til ársins 2012 hafði fjölþættum stuðningi við frumkvöðlaumhverfið verið ábótavant á Íslandi. Ekki var til stuðningsnet fyrir frumkvöðlana sjálfa, fjöldi fjárfesta var takmarkaður og almenn þjónusta var hvorki sýnileg né aðgengileg fyrir þá sem vildu stofna fyrirtæki og vera hluti af alþjóðamarkaði. Að frumkvæði Arion banka var ákveðið að koma á fót viðskiptahraðli (business accelerator) sem myndi taka á þessum vandkvæðum. Í samstarfi við Icelandic Startups (áður Klak Innovit) varð því Startup Reykjavík til, sem hefur verið starfræktur síðan þá.
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Eins og með svo margt í lífinu að þá þarf að hefja uppeldi snemma til að heildstæðir einstaklingar verði til. Þar sem nýsköpun og frumkvöðlar standa mér næst er nærtækast að ræða um það í þessu samhengi. Sem starfsmanni Arion banka er mér það líka ljúft að ræða um hvernig við í bankanum höfum ákveðið að styðja við nýsköpun á breiðari vettvangi en bara í gegnum viðskiptahraðlana Startup Reykjavík og Startup Energy Reykjavík.
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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.
Startup Reykjavik can be proud today.
One of the portfolio companies of Startup Reykjavik Invest ehf., the investment company that invests in companies participating in Startup Reykjavik, received a little over 2 million USD investment from several investors in their Series A round. The company is Activity Stream from the 2013 cohort.
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