Encouraging start-up funding

Sigurður Arnljótsson, founder of Brunns Ventures, shared his expertise in front of a full hall in Gróska about the index fund environment in Iceland and its development over the years. Klak - Icelandic Startups in collaboration with Northstack invited an event on "Insights into the Icelandic VC Ecosystem" in Gróska's ballroom during Iceland Innovation Week, while Haraldur Hugosson from Northstack moderated the panel discussions as well as giving a talk where he introduced the latest trends in the Icelandic funding environment and gender analysis of funding report.

After the talks, there was a panel discussion where renowned experts on the VC Ecosystem sat for answers where entrepreneurs gained valuable knowledge. Soffía Gunnarsdóttir, director of investments, from Birta pension fund, Sigurður Arnljótsson, founder at Brunnur Ventures and Rünno Allikivi, investor at the Danish Export and Investment Fund (EIFO) sat for answers and shared their insights on new policies.

Rünno Allikivi, investor at Danish Export and Investment Fund (EIFO)

"Change does not happen in a vacuum, nor in a closed room. Challenging each other to look, listen and learn is key to innovation and growth. As a foreign transplant in the Icelandic venture ecosystem, I am thrilled to see how challenging the status quo is starting to fuel a new wave of VC. KLAK has been and is instrumental in bringing this change into the early state startup ecosystem by anchoring accelerator programs for entrepreneurs and investors, and its continued backing of new initiatives will surely increase the quality of venture in Iceland at all levels."