Norrsken VC

Norrsken VC is a Stockholm-based venture capital firm founded in 2017 as the investment arm of the Norrsken Foundation, established by Klarna co-founder Niklas Adalberth. Operating independently, Norrsken VC focuses on early-stage investments in impact-driven startups across Europe. With over €320 million in assets under management, the firm has backed more than 50 companies, including notable investments in Northvolt, Einride, and 1KOMMA5°. Norrsken VC is an SFDR Article 9 "dark green" fund, ensuring that all investments align with at least one of the 17 UN Sustainable Development Goals (SDGs).

On this page, you can explore Norrsken VC's investment thesis to assess alignment with your startup's objectives. Additionally, you'll find comprehensive contact details and a match score for your startup on Hopohopo.

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Match score

Investment thesis

Norrsken VC invests in early-stage European startups that address pressing global challenges through scalable, tech-enabled solutions. The firm targets sectors such as climate tech, energy, biotech, AI, health tech, and sustainable consumption.

Invest in

  • Baltics
  • Nordics
  • Western Europe
  • Southern Europe
  • Central Eastern Europe
  • Caribbean 8 / 10
  • North America 1 / 3
  • Central America 4 / 7
  • Northern Africa 2 / 8
  • Central Africa 8 / 9
  • Western Africa 8 / 16
  • Southern Africa 2 / 7
  • Eastern Africa 5 / 18
  • Caucasus
  • Middle East 2 / 16
  • South Asia 3 / 8
  • Southeast Asia 2 / 11
  • East Asia 1 / 7
  • Australia and New Zealand 1 / 2
  • South America 7 / 12

Customer types

  • Consumers
  • Large enterprises
  • Small and medium enterprises

Product type

  • Hardware
  • Software
  • Software-enabled hardware

Industries / verticals

  • Climate / New World
  • GreenTech
  • Sustainability
  • Waste / Recycling / Environment / CleanTech

Investment details

Investment role

Lead and follow

Stages

Pre-seed, Seed, Series A

First ticket size

€500,000 - €2,000,000

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