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Riot is bringing in-person League of Legends and Valorant tournaments to Iceland

The Verge

Riot Games plans to host two big esports tournaments in Reykjavik, Iceland, the studio announced on Monday. Ten teams will compete to earn points toward qualification for Valorant Champions 2021, the global tournament that concludes the Valorant esports season. Image: Riot Games. The event will begin on May 6th and end on May 23rd.

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Iceland’s Controlant, with $50M backing, emerges as key player in Cold Chain for COVID-19 vaccine

TechCrunch

A startup hailing from far-flung Iceland is emerging as one of the key players in the race to distribute one of the key coronavirus vaccines around the world. It has largely Iceland-based investors, including Sjova and VIS. Frumtak , a VC firm in Iceland, first invested in Controlant in 2011.

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League of Legends’ 2022 world championship will be a multi-city affair

The Verge

The 2021 edition of Worlds just wrapped up earlier this month in Reykjavík, Iceland, after originally being planned for Shenzen, China. ( The competition moved countries due to the pandemic.)

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League of Legends’ world championships moved from China to Europe

The Verge

In a video, John Needham, global head of esports at Riot, said that travel restrictions and COVID protocols made it a challenge to hold the event in China. This will be the second major League of Legends tournament to take place in Europe this year, following May’s Mid-Season Invitational hosted in Reykjavik, Iceland.

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Preply raises a $35 million Series B as demand for language learning grows

TechCrunch

Preply’s recent growth, as well as a global boom in language learning, explains the current investor interest. Preply supports 50 different languages, including Spanish, English, French, as well as niche languages such as Icelandic, Tibetan and Catalan. The raise comes nearly a year after the company landed a $10 million Series A.

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Two European companies are mapping a future service for direct air capture to sequestration of CO2

TechCrunch

It would mean the realization of a full-chain carbon dioxide removal service that the two companies called a necessary component of the efforts to reverse global climate change. The first issue is the need to set a global price for carbon dioxide emissions that would make the projects economically viable.

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Dota 2’s The International returns in August with $40 million prize pool

The Verge

The International is well-known not only for its intense, global competition, but also for being incredibly lucrative: this year’s tournament will feature a prize pool of $40 million. Today, Valve announced that The International, the annual Dota 2 championship, will return after a one-year hiatus caused by the pandemic.