Norrsken VC

Norrsken VC, founded in 2017 and headquartered in Stockholm, Sweden, is a pioneering European venture capital firm dedicated to investing in early-stage startups that address the world’s most pressing social and environmental challenges. Born out of the non-profit Norrsken Foundation, it operates as an SFDR Article 9 "Dark Green" fund, ensuring every investment aligns with at least one of the 17 United Nations Sustainable Development Goals (SDGs). The firm supports entrepreneurs who prioritize impact alongside building scalable, profitable businesses.

With a portfolio of over 50 companies, including notable unicorns like Northvolt, Einride, and 1KOMMA5°, Norrsken VC focuses on pragmatic, results-driven impact investing. The firm provides startups not only with capital but also with access to a global ecosystem of 20,000 impact-driven entrepreneurs, knowledge, and networks. Their investment approach emphasizes transparency, collaboration, and a culture of ownership and continuous learning, aiming to transform industries and challenge the status quo.

Financially backed by Swedish government-owned Saminvest AB, Folksam, KfW Capital, and supported by the European Investment Fund under EU programs, Norrsken VC manages assets exceeding $345 million (Fund II alone). The firm invests primarily in Europe but also supports ventures in Africa through dedicated funds. Their sector focus spans climate tech, AI for good, health, education, energy, sustainable real estate, and more, targeting seed to growth-stage companies that combine innovation with measurable impact.