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European tech weekly recap: Over €733M invested into the tech ecosystem in the last week of August
European tech weekly recap: Over €404M invested into the tech ecosystem, around 91% collected by 10 biggest deals
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General
8
Iceland’s tech ecosystem: Scaling innovation from a renewable core
Over the past two years, Iceland has continued to strengthen its position as a digitally…
Tamara Djurickovic
13 August 2025
Medtech
Arctic Therapeutics raises €26.5M Series A funding for dementia treatment
Icelandic drug discovery and development startup Arctic Therapeutics has raised €26.5M in…
Lucy Adams
22 January 2025
Mobility
AviLabs secures €8M to reduce airline passenger disruption
Iceland-based Frumtak Ventures has led an €8 million investment in AviLabs whose technology,…
Lucy Adams
15 October 2024
Virtual Reality
Treble raises €11M to scale its sound simulation platform
Treble, a sound simulation and synthetic audio data generation technology company, has raised…
Lucy Adams
03 September 2024
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General
10
Iceland: Tech innovations from the land of fire and ice
The Icelandic tech ecosystem thrives despite its small population, fostered by robust physical…
Tamara Djurickovic
22 August 2024
Deeptech
Icelandic Frumtak Ventures closes fourth fund at $87M
Iceland-founded early-stage investor Frumtak Ventures has raised an $87M fourth fund, named…
Lucy Adams
10 July 2024
Medtech
Iceland’s first unicorn will spur investment but don’t expect “floodgates” to open, says unicorn founder
Iceland boasting its first unicorn will spur…
John Reynolds
24 May 2024
Blockchain
Iceland's legacy banks face being "disrupted into oblivion" unless embrace fintechs, says top fintech boss
Iceland’s legacy banks face being “disrupted…
John Reynolds
22 May 2024
Mobility
Iceland's Flygildi emerges from stealth with a birdlike drone and a $2.2M Seed round
Is it a bird? Is it a plane? Nope, it’s a drone…
Fiona Alston
26 September 2023
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Traveltech
Travelshift secures $10M investment from GE to fuel AI-powered travel platform
Travelshift, a Reykjavik-based online travel agency (OTA) has raised $10 million of capital…
Dan Taylor
29 August 2023
Gaming
Iceland's ECA collects $750,000 pre-seed funding to bring e-sports coach training to US, Puerto Rico
An Icelandic startup is going big on e-sports…
Callum Cyrus
17 November 2022
Investment
Iceland’s Abler enables better togethers, raises €3.7 million
Reykjavik-based Abler, the parent company of sports management platform Sportabler has raised…
Dan Taylor
15 September 2022
HRtech
Helping correct workplace biases, Iceland’s Empower brings in €2.2 million
Reykjavík-based Diversity, Equality, and Inclusion specialist Empower has raised €2.2 million…
Dan Taylor
23 May 2022
Healthtech
More than a Sidekick! Iceland’s digital therapeutics player kicks in $55 million to boost chronic disease treatments
The next generation of therapeutics designed to…
Megha Paul
05 May 2022
Sustainability
Verne Global acquired by Digital 9 Infrastructure for £231 million
London-based data centre provider Verne Global has been acquired by crosstown investment trust…
Dan Taylor
06 September 2021
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