A Nordic Web Report on Icelandic tech and startup investments in 2015 shows a staggering 1,568% growth in year-on-year funding from 2014 to 2015. Number of investments rose from seven to seventeen. This massive growth in funding is mainly fueled by three big investments: Verne Global’s $98 million (~12.7bn ISK) Series D round in January, Carbon Recycling International’s $45.5 million (~5.9bn ISK) …
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In Q4, tech startups based in Nordic countries collectively raised $309.8 million in 107 rounds. Though not the biggest quarter of 2015 in terms of amount raised – a distinction still carried by Q2 and its massive $812.8 million cumulative intake – it is the top quarter for amount of individual investments, by an easy 40 rounds. This funding analysis …
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This analysis of Q3 investments in the Nordics is based on a combination of publicly available and proprietary data gathered by Index. In Q3, tech startups based in the Nordic countries collectively raised $296.5 million in 73 rounds. This falls short of Q1 for the region by 21.9 percent. Compared to Q2, it comes in significantly lower ($812.8 million total) …
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Nordic Startup News Early Stage Startup News From The Nordics