Aug 22, 2019
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...
Aug 22, 2019
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...
Apr 10, 2019
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...
Feb 27, 2019
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...
Jan 24, 2019
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...
Jan 16, 2019
There has been a lot of discussion in Iceland recently about the difficulty ex-politicians face when looking for work, which is the opposite of the situation ex-politicians face in many countries. Ex-politicians should be considered valuable employees as there is real...