Styrkás ehf. announced that it expects to receive ISK 3.5 million in funding from Skel fjárfestingafélag hf., Landsbréf Hf.

Styrkás ehf. announced that it will receive ISK 3.5 million equity in a round of funding on July 4, 2023. The transaction included participation from new investors Landsbréf Hf.

and Horn IV slhf, a fund managed by Skel fjárfestingafélag hf. Landsbréf Hf. and Skel fjárfestingafélag hf.

will join board of directors. The investors will acquire 29.54% of issued shares in the company. The agreement is subject to the results of due diligence and approval of the Icelandic Competition Authorities