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How should startups ideally reward their employees?

How should startups ideally reward their employees?

Innovation creates great value Success stories from the likes of Facebook’s Mark Zuckerberg and Amazon’s Jeff Bezos are common but the compensation of the employees of successful startups are less often discussed. Profitable startups have significant value creation in...
Keeping “focus”

Keeping “focus”

The second industrial revolution began right at the beginning of the twentieth century with the use of conveyor belts in production. The entrepreneur of the conveyor belt was Henry Ford with his famous car model Model T. Ford, however, emphasized handling the...
Can a small domestic market be an advantage for startups?

Can a small domestic market be an advantage for startups?

Innovation has received increased government funding in Iceland over the last few years. A societal consensus on the importance of innovation for the Icelandic economy has been established. This increased funding has resulted in an increase in grants to promising...
Spakur raises a 120M ISK Series A for Freyja Healthcare

Spakur raises a 120M ISK Series A for Freyja Healthcare

Freyja Healthcare lead by Jón Ívar Einarsson announces the closing of a its series A financing The company is located in Boston where Jón Ívar holds the position of Professor at Harvard Medical School. The round consists of an investment of 120M ISK (1M USD) by...
Drone in the shape of a bird

Drone in the shape of a bird

The startup company Flygildi has closed an angel financing round to fund its overseas marketing efforts. Flygildi’s competitive edge comes from its drone’s design. The drone flies using flapping wings for lift and propulsion, disguising itself as a bird. Spakur...
Spakur, raises a 51M ISK series A for geoSilica.

Spakur, raises a 51M ISK series A for geoSilica.

The Icelandic silica supplement company geoSilica announces completion of a 51M  (≈ 450.000 USD) series A financing round with the help of Spakur Finance. GeoSilica has had good headwind recently, with close of a 40M ISK  (≈ 350.000 USD) seed round last...