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Loðnuvinnslan Ltd invests in Responsible Foods ehf.

Loðnuvinnslan Ltd invests in Responsible Foods ehf.

The parent company of Loðnuvinnslan hf., Kaupfélag Fáskrúðsfirðinga has invested in Responsible foods. In the next few months setup of a food processing plant in Fáskrúðsfjörður will take place where Responsible Foods will produce high-quality snacks from seafood. The...
Valuation during times of change

Valuation during times of change

It is difficult to predict the future. This is especially evident in the context of startup companies who have modest or no income at the present but have high hopes for growth in the future. Investors who wish to invest in such companies must compare the risk present...
Responsible Foods raises a  200M ISK (1.6M USD) Series A round

Responsible Foods raises a 200M ISK (1.6M USD) Series A round

Responsible Foods ehf. an Icelandic food startup has closed its Series A financing with the assistance of Spakur Finance. The company has joined forces with a number of strong companies, among them the largest dairy producer in Iceland, MS, and one of the largest...
On founders and chosen people

On founders and chosen people

Regardless of the political regard people have for Israel, it is clear that the nation has built a booming state from the desert. The land has limited natural resources aside from an abundance of solar energy—and its true resource, the human resource of the Israeli...
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...