Norrsken VC
Impact investorStockholm · Seed–Growth · 20 people tracked
Investment thesis
Norrsken VC positions itself as Europe's leading early-stage investor in 'tech that matters,' backing founders tackling the world's hardest problems across energy, industry and healthcare. The firm believes technological breakthroughs have shifted the economics of progress — clean energy can now undercut fossil fuels, healthcare can scale with fewer resources, and industries can do more with less. It sees these global challenges as the source of the next generation of trillion-euro companies and backs founders who outperform legacy incumbents. Norrsken VC draws on the broader Norrsken ecosystem, a large platform connecting investors, founders, operators and experts to provide portfolio companies access to customers, partners and talent.
Source: firm website, verified Aug 3, 2026.
Team · 20 people
from the firm's website & public directoriesWhat they invest in
from 26 of 71 portfolio companiesAI & Machine Learning ×9SaaS ×8Cleantech ×6Energy ×5Enterprise Software ×5Climate Tech ×4Healthtech ×4FoodTech ×3
HQs:Germany×3United Kingdom×2Sweden×2United States×2Denmark×1
Investments · 71 tracked
founders shown can be your intro pathPortfolio company that recently commenced trading following a proposed business combination.
EnergyBurnaby
Nathan Gilliland(Executive Officer, Director)Rick Wills(Director)Michael Laberge(Executive Officer)Klaas de Boer(Director)Susan Koch(Executive Officer)Jacques Besnainou(Director)
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 SoftwareLegalTechSaaS
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
ClimateView provides a strategy platform that local and regional governments use to plan, execute, and track climate action across their jurisdictions.
Climate TechGovTechSaaS
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
Jeremy
Heart Aerospace develops electric regional aircraft for commercial airline operators.
Advanced ManufacturingCleantechClimate TechHardwareSpace TechLos Angeles, US
Anders Forslund(Founder/CEO)in
Hygglo is a peer-to-peer rental marketplace where individuals rent out and borrow items such as cameras, tools, drones, and outdoor equipment, with identity verification and rental protection for both parties.
Circular EconomyConsumerMarketplaces
juli is a mobile app that helps people follow their care or wellbeing plans through customizable reminders and daily check-ins, and surfaces links between habits, symptoms, and treatments.
Digital HealthHealthtechWellness & Fitness
Juna.ai builds an AI agent platform for factories that connects to plant IT and OT systems, models assets and processes into a queryable "Factory Graph" and knowledge base, and deploys agents to monitor SOP compliance, detect anomalies, run root-cause analysis, and recommend actions.
Advanced ManufacturingAI & Machine LearningEnterprise Software
Dover, US
Samuel Clark(Director)Sukhjeevan Sunner(Director)Elizabeth Gilligan(Executive Officer, Director)
Matsmart/Motatos is an online grocery retailer that sells surplus and near-expiry food and household products at reduced prices to reduce food waste.
Circular EconomyE-commerceFoodTech
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
Quin Wills(Founder/CSO)in
BoardChinwe UkomaduElaine SullivanEliot ForsterJack Castle
A Danish consultancy providing strategy execution and board leadership services for owner-led growth companies, often with international operations.
Enterprise Software
Sava develops a wearable biosensor that continuously monitors multiple biomarkers (glucose, lactate, ketones, sodium, histamine, urea, alcohol, cortisol) in real-time, delivering health data to a mobile app for preventative health monitoring and chronic disease management.
HardwareHealthtechMedical Devices
Spot my Energy provides German households with an integrated home energy management system combining a smart meter, HEMS software (SmartRobo), and a dynamic electricity tariff to connect and optimize PV systems, battery storage, wallboxes, and heat pumps.
CleantechEnergyIoT
Exits · 1
IPOs and acquisitions across the tracked portfolioGeneral FusionNASDAQ: GFUZ
Portfolio news
latest coverage across their companiesEndra · finsmes.com · Jun 2, 2026
Ankarai · legaltech-talk.com · Dec 18, 2025
Ochre Bio · endpoints.news · Oct 1, 2025
Frequently asked questions
- What stage does Norrsken VC invest at?
- Norrsken VC invests at the Seed, Series A, Series B, Series C, Growth stages.
- What is Norrsken VC's typical check size?
- Norrsken VC typically writes checks of $1.1M – $3.2M.
- What sectors does Norrsken VC focus on?
- Norrsken VC focuses on Advanced Manufacturing, AgTech, AI & Machine Learning, Circular Economy, Cleantech, Climate Tech, Deep Tech, Defense Tech, EdTech, Energy, Enterprise Software, FemTech, FoodTech, Healthtech, Impact & Social Good, Medical Devices, Mobility & Transportation, New Materials, Retail Tech, Robotics, SaaS, Space Tech.
- Where is Norrsken VC located?
- Norrsken VC is headquartered in Stockholm, SE.
- Does Norrsken VC lead rounds?
- Norrsken VC typically participates in rounds rather than leading them.
Media · Podcasts & interviews
featuring the teamThe Future of Climate Tech Is in Europe | Tove Larsson (Norrsken VC)
VCo2 | The Climate Investing Podcast · Tove Larsson
1KOMMA5°'s #newsolar Revolution | Philipp Schröder (1KOMMA5°) & Agate Freimane (Norrsken VC)
Slush · Agate Freimane
Social Impact Season | Interview with Tove Larsson & Agate Freimane, Norrsken VC | BetaCast
Beta-i | collaborative innovation · Tove Larsson
Images
Co-investors · 34
Balderton Capital's portfolio page listing companies it has backed across stages, sectors, and geographies, primarily in Europe.
Northzone is a multi-stage venture capital firm investing from seed to growth.
Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.
General Catalyst is a venture capital and investment firm that backs founders across industries, with a strong focus on AI-driven transformation, fintech, healthcare, and other sectors.
Uncork Capital is a seed-stage venture firm that backs founders at the earliest stage, before their potential is widely recognized.
IVP (Institutional Venture Partners) is a venture capital firm that backs high-growth companies, drawing on five decades of experience investing in 400 companies with 135+ IPOs.
Headline is a venture capital firm that invests in early-stage consumer internet and mobile companies across global markets.
Stellar Capital invests in founders building software, internet, and technology companies.
Picus Capital is an early-stage technology investment firm that partners closely with founders on strategic and operational challenges to help build global companies.
QED Investors is a venture capital firm founded by former Capital One executives that invests in founders building transparency and fairness into financial services.
Lowercase Capital is a venture capital firm that backs early-stage startups, including companies working on democracy reform, climate solutions, and criminal justice reform.
▶22 more co-investors
Base10 PartnersEQT VenturesAntlerCausalGeneral AtlanticHV CapitalEXPONENT FOUNDERS CAPITALfirstminute capitalPresight CapitalImmeasurableVera EquityQuona CapitalVisionaries ClubFoundamentalWestCapFuture AfricaMax VenturesPlum Alley InvestmentsPowerhouseLondon Venture PartnersKaya FoundersWorking Capital Fund
Firms observed investing alongside Norrsken VC, from public investor directories. Shared companies are the overlap with Norrsken VC's recorded portfolio.
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