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Iceland is dodging the VC doldrums as Frumtak Ventures lands $87M for its fourth fund


Iceland's startup scene is punching above its weight. That's perhaps in part because it kept the 2021 hype in check, but mostly because its tech ecosystem

NovoNutrients has raised a $18 million Series A round from investors to build a pilot-scale facility to prove that its fermentation process works at scale. Fast-food chain Whataburger’s app has gone viral in the wake of Hurricane Beryl, which left around 1.8 million utility customers in Houston, Texas without power. After announcing a whopping $20 million seed last year, Unlikely AI founder William Tunstall-Pedoe has kept the budding U.K. foundation model maker’s approach under lock and key.

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