Norrsken Accelerator — Full Portfolio

1KOMMA5° provides home energy systems that combine solar panels, heat pumps, battery storage, and EV wallboxes, coordinated by its Heartbeat AI software to optimize electricity use and offer dynamic pricing.

CleantechClimate TechEnergy

PLPhilip Liesenfeld(Founder)inJannik Schall(Founder)Micha Grüber(Founder)Michael Hinderer(Founder)Philipp Schroeder(Founder)Philipp Schröder(Founder)

Co-investorsCACarbonCOCoastCapECeCAPITAL ENTREPRENEURIAL PARTNERSFRFranz Haniel & Cie. GmbHG2G2 Venture PartnersNONorrsken VC+6 more

alcemy provides software that uses cement producers' lab data to predict cement strength in real time and automate recipe and mill fineness decisions, aiming to reduce clinker content and cut CO2.

Advanced ManufacturingAI & Machine LearningCleantechClimate TechConstruction TechBerlin, DE

LSLeopold Spenner(Founder)inRMRobert Meyer(Founder)inLeopold Spenner Robert Meyer(Founder)

Co-investorsAEAENUBIBitStone CapitalENEntrepreneur FirstHAHAWKTAILLALa FamigliaLOLocalGlobe+3 more

Altruistiq provides a platform that helps high-emitting organizations make data-driven decisions to reduce their environmental footprint.

Climate TechData & InfrastructureEnterprise SoftwareSaaS

SHSaif Hameedin

Co-investorsMOMolten VenturesATAtomicoNONorrsken VC

Ankar builds an operating system for innovation that helps R&D and patent teams accelerate their work through tools for idea generation, drafting, prosecution, and protection.

AI & Machine LearningEnterprise SoftwareLegalTechSaaSLondon, GB

TGTamar Gomez(Co-Founder)inWGWiem Gharbi(Co-Founder)in

Co-investorsATAtomicoBOBOOOMDADaphniINIndex VenturesMOMotier VenturesNONorrsken VC+1 more

Bamboo is an investment platform that enables users in Africa to invest in U.S. stocks, ETFs, real estate investment trusts, and other asset classes with minimum investments starting at $10.

FintechLagos, NG

RBRichmond Bassey(Founder)inYOYanmo Omorogbe(Founder)in

Co-investors202080 VenturesAJAjim CapitalEXExpansion Venture CapitalFUFuture AfricaGRGreycroftHOHoaQ+23 more

BeZero Carbon is an independent carbon ratings agency that assesses the quality and risk of carbon credit projects across all types and stages, combining environmental science with capital markets research methods.

AI & Machine LearningCleantechClimate TechData & InfrastructureImpact & Social Good

TRTommy Ricketts(Co-founder & CEO)inSeb

Co-investorsCOContrarian VenturesHIHitachi VenturesMOMolten VenturesNONorrsken VCTRTransLink CapitalEDEDF Pulse Ventures+2 more

Aika is an operating system that uses AI and automation to orchestrate clinical trial development end-to-end, helping organizations accelerate protocol creation, prevent amendments, and interpret complex datasets across all stages of trial development.

AI & Machine LearningDeep TechMedical Devices

PCPedro Coelho(Founder)inClara Bernardes(Founder)Diogo Pisoeiro(Founder)Jose Faria(Founder)

Co-investorsENEndeavor CatalystMSMSMPLPlug and Play VenturesYZYZR CapitalMAMasiaMUMustard Seed Maze+1 more

BLUU develops marine cell-based ingredients derived from cultured fish cells for personal care, health, and food applications.

BiotechDeep TechFoodTech

DSDr. Sebastian Rakers(Co-Founder & Chief Executive Officer)inSebastian Rakers(Founder)Simon Fabich(Founder)

Co-investorsLBLBBW Venture Capital GmbHLELever VCMAManta Ray VenturesNONorrsken VCTRTrellis Road I Fund AB

Callosum is building heterogeneous AI intelligence, working across the full stack from silicon to algorithms to systems.

AI & Machine LearningCloud ComputingDeep TechDeveloper ToolsSemiconductorsLondon, GB

DADanyal Akarca(Founder)inJAJascha Achterberg(Founder)in

Co-investorsPLPluralALAlbionVCATAtomicoDCDCVC (Data Collective)ENEntrepreneur FirstINInception Fund+4 more

Clafiya provides primary healthcare services and Health Savings Accounts (HSAs) to individuals, families, and businesses in Nigeria, operating a care clinic, virtual consultations, and wellness marketplace.

FintechHealthtechInsurTechWellness & FitnessLagos, NG

Itoro Inoyo(Founder)Jennie Nwokoye(Founder)

Co-investorsAJAjim CapitalMIMicrotractionTETechstarsBOBold Angel FundHOHoaQHUHustle Fund+1 more

Collectiv Food operates an automated food supply service for professional kitchens, sourcing meat, seafood, and plant-based products directly from producers and delivering them via a sustainable, patented logistics model.

FoodTechLogistics & Supply ChainLondon, GB

JeremyJeremy Hibbert-Garibaldi(Founder)

Co-investorsOCOctopus VenturesCOColle Capital PartnersFRFrontline VenturesKIKima VenturesNONorrsken VCPAPartech Ventures+5 more

Doctrin provides a communication platform that helps healthcare providers digitize the patient journey, including structured medical history intake and case triage to the right clinical professional.

Digital HealthEnterprise SoftwareHealthtechSaaSStockholm, SE

Co-investorsHEHealthCapNONorrsken VC

Einride develops autonomous electric vehicles and fleet management solutions for decarbonization, serving large enterprises seeking to reduce emissions at scale.

AI & Machine LearningCleantechClimate TechLogistics & Supply ChainMobility & TransportationStockholm, SE

RFRobert Falck(Founder)inLKLinnéa Kornehed Falck(Co-Founder)inFLFilip Lilja(Founder)inRCRoozbeh Charli(Chief Executive Officer)inHGHenrik Green(CTO)inLinnéa Kornehed(Founder)

Co-investorsMAMaersk GrowthNONordicNinjaNONordicNinjaVCNONorthzonePLPlug and Play VenturesPLPlum Alley Investments+4 more

Elypta develops a metabolism-based liquid biopsy that measures the GAGome, a set of biomarkers of tumor metabolism, and applies machine learning to noninvasively detect cancer signatures.

AI & Machine LearningBiotechMedical Devices

FGFrancesco Gatto(Founder and Scientific Advisor)JNJens Nielsen(Chairman, Founder)

Co-investorsBOBonnier CapitalCHChalmers Ventures ABINIndustrifondenNANavigare VenturesNINina CapitalBOBonnier Ventures+2 more

Endra provides an AI-powered platform for MEP (mechanical, electrical, plumbing) and fire protection engineers to automate design, documentation, and compliance workflows within Autodesk Revit.

AI & Machine LearningBiotechConstruction TechEnterprise SoftwareAnn Arbor, US

Michael Thornton(Executive Officer)Gustav Hammarlund(Founder)inAnton Juric(Founder)David Rydberg(Founder)Niklas Lindgren(Founder)

BoardAnthony DiGiandomenico(Director)

Co-investorsANAndreessen HorowitzNONotion CapitalNONorrsken VC

evroc is building a European cloud platform designed for the AI era, aimed at organizations that need strong data security.

AI & Machine LearningCleantechCloud ComputingStockholm, SE

Co-investorsBLBlisceEQEQT VenturesNONorrsken VCGIGiant Ventures Global Llp

Fever operates an online platform for discovering and booking live entertainment and cultural experiences, including concerts, festivals, immersive shows, and tourism attractions.

ConsumerMarketplacesMedia & EntertainmentNew York, US

Josep Gomez Torres(Executive Officer, Director)IBIgnacio Bachiller Ströhlein(Founder)inAlexandre Perez(Founder)Alexandre Pérez Casares(Founder)Francisco Hein(Founder)Ignacio Bachiller(Founder)

Co-investorsACAccelCOConvivialité VenturesG G SquaredGAGaldana VenturesNINimble PartnersPOPoint72 Ventures+10 more

Granular Energy provides software for energy suppliers, traders and buyers to manage and trade Energy Attribute Certificates (RECs, I-RECs, GOs, REGOs) and to build clean power products including hourly-matched and 100% renewable offers.

CleantechEnergySaaS

Toby Ferenczi(Founder)inBruno(Co-Founder)Sam(Co-Founder)Bruno Menu(Founder)

Co-investorsACAcurio VenturesBOBoxGroupJEJERAKIKickstart InnovationNONorrsken VCRERevent+4 more

Heart Aerospace develops electric regional aircraft for commercial airline operators.

Advanced ManufacturingCleantechClimate TechHardwareSpace TechLos Angeles, US

AFAnders Forslund(CEO)inKlara Forslund(Founder)BCBob Criner(Electric Aircraft Propulsion System Engineer)in

Co-investorsBRBreakthrough Energy Ventures2A2am VCALAlumni VenturesCACastor VenturesKOKoru CapitalLOLowercarbon Capital+15 more

Juna builds operational AI agents for food and beverage manufacturers that optimize and adapt production systems across recipes, lines, tanks, quality gates, and shelf-life constraints.

Advanced ManufacturingAI & Machine LearningEnterprise SoftwareFoodTechBerlin, DE

Matthias Auf der Mauer(Founder)inCHChristian Hardenberg(Founder)inTVTuba Vogel(Founding People Lead)inChristian Graf von Hardenberg(Founder)Christian von Hardenberg(Founder)

Co-investorsKLKleiner PerkinsNONorrsken VC

Karman+ mines asteroids for raw materials to supply affordable resources for use in space and orbital manufacturing, eliminating the cost and environmental impact of launching materials from Earth.

CleantechDeep TechHardwareSpace Tech

TVTeun van den Dries(Founder)inDCDaynan Crull(Founder)

Co-investorsHCHCVCHUHummingbird VenturesPLPlural

Kognity provides a technology platform that combines pedagogical design with digital tools to support teachers and improve student learning outcomes.

EdTechEnterprise SoftwareSaaS

HWHugo Wernhoff(Founder)in

Co-investorsALAlexander Geza Marcus PejacsevichLILiquidity CapitalMAMars Growth CapitalNONorrsken VCALAlfvén & Didrikson

Material Evolution develops low-carbon cement using a proprietary alkali fusion process that operates at ambient temperatures, significantly reducing emissions compared to conventional cement production.

Circular EconomyCleantechClimate TechConstruction TechNew MaterialsBelfast, GB

EGElizabeth Gilligan(Founder)inSCSam Clark(Co-founder)in

Co-investorsKOKOMPAS VCNONorrsken VCATAt One VenturesHGHG VenturesTETechstarsVOVox Capital+2 more

Material Exchange runs a sourcing platform for the fashion industry that connects brands and suppliers to source fabrics and materials for apparel and footwear collections.

Advanced ManufacturingAI & Machine LearningB2B MarketplacesRetail TechSaaSRönninge, SE

DGDarren Glenister(Chief Executive Officer)inDora Lality(Chief Legal Officer)inRCRobert Conway(Chief Product & Technology Officer)inGBGareth Bartman(Chief Financial Officer)inDejan Zvekic(Chief of Digitization)in

Co-investorsMOMolten VenturesDADay One CapitalNONorrsken VCINInventurePAPartech VenturesINInventure+1 more

Northvolt manufactures lithium-ion battery cells for electric vehicles and industrial applications, with an emphasis on low-carbon production and sustainability.

Advanced ManufacturingCleantechEnergyStockholm, SE

PCPaolo Cerruti(Founder)inPeter Carlsson(Founder)

Co-investorsBOBoundary HoldingEXExtantia CapitalDADanica PensionEIEIT InnoEnergyNONorrsken VC

Ochre Bio develops RNA therapeutics and drug discovery platforms targeting liver disease, combining proprietary human liver datasets with AI-driven causal prediction and human tissue validation models.

AI & Machine LearningBiotechHealthtechMedical DevicesLondon, GB

QWQuin Wills(CSO)inJOJack O'Meara(Founder)in

BoardChinwe UkomaduElaine SullivanEliot ForsterJack Castle

Co-investorsBABackedBEBeast VenturesCOCoastCapENEntrepreneur FirstEXExpaGAGaingels+18 more

Saasha Celestial-One(Founder)Tessa Clarke(Founder)

Co-investorsALAlumni VenturesGAGaingelsOCOctopus VenturesVNVNV GlobalVOVostok New VenturesMUMustard Seed

Oviva offers personalised dietary advice paired with a digital app to help people change eating habits and manage or prevent illness.

Digital HealthHealthtechWellness & FitnessZürich, CH

MBManuel Baumann(CTO & Co-Founder)inKai Eberhardt(CEO and Co-Founder)inMark Jenkins(Founder)

Co-investorsALAlbion Capital GroupALAlbionVCANAnkaa VenturesF-F-Prime CapitalKIKinnevikKRKreos Capital+3 more

Predium provides an AI-powered ESG analysis platform for real estate portfolios, enriching property data and assessing climate risks, CRREM pathways, and renovation plans.

Climate TechFintechPropTechSaaS

Jens Wax (Thumm)(Founder)inJens Thumm(Founder)Maximilian Körner(Founder)Mohamed Ali Razouane(Founder)

Co-investors2B2bXUVUVC PartnersNONorrsken VC

Renaissance Fusion develops fusion energy technology in Grenoble, France, focusing on high-temperature superconductors and liquid metal technologies to create clean, abundant energy.

CleantechClimate TechDeep TechEnergyGrenoble, FR

FVFrancesco Volpe(Founder)inMKMartin Kupp(Founder)in

Co-investorsLOLowercarbon CapitalBPBpifranceEXExcellis HoldingHCHCVCJUJuniperPOPositron Ventures+3 more

Stockeld produces fermented plant-based cream cheese with lower environmental impact than dairy alternatives.

Climate TechFoodTechStockholm, SE

Sorosh(CEO)Anja Leissner(Founder)Sorosh Tavakoli(Founder)

Co-investorsINInventureNONorrsken VCNONorthzoneTRTrellis Road I Fund ABASAstanor VenturesCRCreandum+1 more

Submer develops thermal architecture and modular data center infrastructure for high-density AI deployment.

AI & Machine LearningCloud ComputingData & InfrastructureBarcelona, ES

PVPol Valls Soler(Founder)in

Co-investorsMUMundi VenturesNONorrsken VC

Syre is a textile impact company that produces circular polyester through textile-to-textile recycling, offering quality on par with virgin polyester while reducing CO2e emissions by up to 85%.

Circular EconomyClimate TechNew MaterialsStockholm, SE

Susanna Campbell(Chair & Co-founder)inDNDennis Nobelius(CEO)inJFJad Finck(Chief Commercial Officer)inSPScott Pearson(Chief Technology Officer)

Co-investorsLELeitmotifNONorrsken VCGIGiant Ventures Global Llp

DeepTech company based in Zug (Active)

Ludwig Wurlitzer(Founder)Philipp Man(Founder)

Co-investorsEAEarlybird Venture CapitalNONorrsken VCPIPICUS CAPITALCRCreandumEUEurazeoRIRive Private Investment

trawa provides AI-driven energy procurement and management for mid-sized companies, including green electricity and gas supply, energy management software, battery storage, and load control.

AI & Machine LearningCleantechEnergy

DBDavid Budde(Founder)inMax Lüddemann(Founder)inMax Lueddemann(Founder)Robert Quick(Founder)

Co-investorsAEAENUBABalderton CapitalNONorrsken VCHEHeadlineSPSpeedinvest

Vind AI provides software for designing and assessing wind, solar, battery and hybrid renewable energy projects, evaluating co-located systems as one integrated technical and financial analysis.

CleantechEnergySaaSOslo, NO

Jan-Tore Horn(Founder)inHelene Bohler(Founder)Helene Margrethe Bøhler(Founder)Hilde Kristin Njøten(Founder)Hilde Njoten(Founder)

Co-investorsARArkwright XDNDNV VenturesNONorrsken VC

Waza provides a B2B global payments platform for emerging market businesses in Africa, LATAM, Asia, and the Middle East to send and receive cross-border payments.

FintechLagos, NG

MOMaxwell Obi(Founder)inEIEmmanuel Igbodudu(Founder)inMaxwell Obi Emmanuel Igbodudu(Founder)

Co-investorsDUDunbar CapitalFLFlucas VenturesFUFund I, a series of Africa FinTech Collective, LPKUKube VCOLOlive Tree CapitalPLPlug and Play Ventures+5 more

This page is a case study of Alfa Laval's use of Winningtemp, an employee engagement and feedback platform.

AI & Machine LearningEnterprise SoftwareHR TechSaaSGothenburg, SE

PLPierre Lindmark(Founder)in

Co-investorsBOBonnier CapitalCHChalmers Ventures ABFRFrog CapitalNONorrsken VCALAlmi InvestBOBonnier Ventures

Workpay provides HR, payroll, compliance, and benefits administration services for businesses with remote and local teams across Africa.

Enterprise SoftwareFintechHR TechSaaSNairobi, KE

PKPaul Kimani(Founder)inJKJackson Kibigo Kungu(Founder)inEdwin Njuguna Mwangi(Executive Officer)David Maina Kariuki(Executive Officer)Jackson Kibigo(Founder)Jackson Kimani(Founder)

Co-investorsY Y CombinatorACAcadian Ventures Management, LlcNONorrsken22P1P1 VenturesSASaviu VenturesSOSoma Capital+9 more

Worldfavor provides a platform for procurement and sustainability teams to conduct supplier due diligence and manage ESG compliance at scale using AI to identify and prioritize risks across supply chains.

AI & Machine LearningClimate TechEnterprise SoftwareFintechImpact & Social GoodSaaS

ALAndreas Liljendahl(Chief Executive Officer)in

Co-investorsNOnode.vcSPSpintop VenturesNONorrsken VC