At a Glance
Norrsken VC was established in 2016 as the investment arm of the Norrsken Foundation, founded by Niklas Adalberth, co-founder of Klarna. The firm emerged from Adalberth's vision to channel entrepreneurial energy toward solving the world's greatest challenges, combining impact investing with venture-scale returns. Based in Stockholm with additional presence in London and Barcelona, Norrsken VC focuses on seed and Series A investments in startups addressing UN Sustainable Development Goals across climate, health, education, and financial inclusion. The firm has built a unique ecosystem combining venture capital, an entrepreneurship hub, and accelerator programs that support impact entrepreneurs globally. Norrsken's investment approach emphasizes rigorous impact measurement alongside traditional financial metrics, ensuring portfolio companies create measurable positive change while building scalable businesses. The firm leverages Sweden's strong tech ecosystem and Adalberth's experience scaling Klarna to provide portfolio companies with strategic guidance, network access, and operational support in expanding across European and global markets.
“Invests in impact-driven founders building companies that can generate both outstanding returns and meaningful societal impact.”
Norrsken VC primarily invests at the Seed, Series A stages. This means they focus on companies that are building their initial product and finding product-market fit.
Norrsken VC is headquartered in Stockholm, Sweden. Many of their portfolio companies are also based in this region, though they invest across geographies.
Norrsken VC focuses on investments in Climate, Digital Health, Fintech, EdTech, Enterprise. Their portfolio reflects deep expertise and networks within these sectors.
Norrsken VC's typical investment check size ranges from $500K to $5M. Actual amounts may vary based on the stage, sector, and specific opportunity.
Norrsken VC manages approximately $250M in assets under management (AUM) across their funds.