5
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0
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0
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2
Late stage
20y
Years active
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2 investments · sorted by recency
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Board Member
Aug 2023
Miðeind is a privately owned startup company based in Reykjavík, Iceland, specializing in Language Technology (LT), Natural Language Processing (NLP), and Artificial Intelligence (AI) applications for the Icelandic language.
The companys mission is to enable Icelandic businesses and the public to benefit from the rapid global progress now happening in the fields of Language Technology and Artificial Intelligence.
In addition to "traditional" LT tools, Miðeind is implementing AI-based services for Icelandic, such as text summarization and question answering.
Our products include our voice assistant, Embla, who can answer various questions in Icelandic, a one of its kind spelling and grammar checker for Icelandic (Yfirlestur), and a translation engine that provides machine translations between English and Icelandic.
Experience · 12 entries
All (12)
Investments (5)
Founder (3)
Board (5)
2025
Board Member
Nov 2025
Founded in 1995 to operate the Icelandic Internet (ISnet).
Today ISNIC concentrates on two core competencies;
1. Operating the .IS ccTLD (country-code Top-Level Domain)
2. Operating the Reykjavik Internet Exchange
ISNIC manages the .IS country-code top-level domain according to an agreement with IANA/ICANN as specified in RFC1591 and ICP-1.
2024
2023
Mentor
Oct 2023
KLAK VMS supports innovation and entrepreneurial activity in Iceland by matching entrepreneurs with a team of highly skilled mentors who are passionate about fostering innovation and growth. We follow the proven MIT VMS model, a team mentoring approach where teams of mentors sit with the entrepreneur(s) in sessions that provide practical, day-to-day professional advice and coaching.
KLAK VMS mentors are selected for their experience in areas relevant to the needs of aspiring entrepreneurs and for their genuine enthusiasm for the mentoring program. They are drawn from a wide range of industries and many have firsthand startup experience.
Mentor assistance spans a broad range of business activities, such as needs analysis, product development, marketing, intellectual property law, financing, human resources, and founders issues. KLAK VMS services are offered free of charge to entrepreneurs participating in the various programs at KLAK - Icelandic Startups.
KLAK VMS is a vital part of the thriving entrepreneurial ecosystem in Iceland and the impact of our mentoring service has been remarkable. Each year, we support 60-70 startup teams and significantly increase their likelihood of success.
The MIT VMS Model:
• Unique Team Mentoring methodology
• Strict code of ethics to assure objective, conflict-free and confidential advice
• Focus on developing the entrepreneur as well as their venture
• Practical, actionable advice
• Formal operational processes
Board Member
Aug 2023
Miðeind is a privately owned startup company based in Reykjavík, Iceland, specializing in Language Technology (LT), Natural Language Processing (NLP), and Artificial Intelligence (AI) applications for the Icelandic language.
The companys mission is to enable Icelandic businesses and the public to benefit from the rapid global progress now happening in the fields of Language Technology and Artificial Intelligence.
In addition to "traditional" LT tools, Miðeind is implementing AI-based services for Icelandic, such as text summarization and question answering.
Our products include our voice assistant, Embla, who can answer various questions in Icelandic, a one of its kind spelling and grammar checker for Icelandic (Yfirlestur), and a translation engine that provides machine translations between English and Icelandic.
2018
Founder and CEO
Sep 2018
GRID is the future of numbers. A magical all-in-one surface, GRID is transforming the way teams work with spreadsheets
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Investment activity
2006–2025 · 5 investments
Recent (last 2 years)Earlier
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