Norfund Overview

Norfund is a development finance institution established by the Norwegian Parliament in 1997, owned by the Norwegian Ministry of Foreign Affairs. Its mission is to create jobs and improve lives by investing in businesses that drive sustainable development in developing countries.

Is Norfund the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Norfund, along with a list of other relevant VCs, is available on Hopohopo.io.

Norfund

VC Fund

Investment focus

Invest in

  • Central Africa
  • Western Africa
  • Southern Africa
  • Eastern Africa
  • South Asia 3 / 8
  • Southeast Asia 4 / 11

Product type

  • Software
  • Hardware
  • Consumer goods
  • Services
  • Materials

Industries / verticals

  • AgriTech / FoodTech
  • Energy
  • FinTech

Investment role

Lead and follow

Stages

Series A, Series B or later

First ticket size

US$5,000,000 - US$50,000,000

How to approach funds like Norfund

When approaching Norfund, emphasize how your startup aligns with their focus on sectors like renewable energy, financial inclusion, scalable enterprises, and green infrastructure in developing countries. Highlight your commitment to sustainable development and potential for job creation, as Norfund seeks to invest in businesses that drive economic growth and have a significant development impact. Demonstrating a clear strategy for profitability and long-term sustainability will resonate with their investment criteria.

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