Fundraising Fox

Norrsken VC

Impact investor

Stockholm · Seed–Growth · 20 people tracked

Fox Verdict
Sign up to see your fit

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.

Stage
Seed–Growth
Check
$1.1M – $3.2M
HQ
Stockholm, SE
Leads rounds
Follows
Instruments
Equity
Founded
2017
AUM
$507.6M
Tracked investments
71

Team · 20 people

from the firm's website & public directories
Rebecca Pantzer· Executive Assistantin

Executive Assistant at Norrsken VC supporting the team's operations and efficiency.

Tove Lilliestierna

What they invest in

from 26 of 71 portfolio companies

AI & 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 path
General Fusiongeneralfusion.comin𝕏NASDAQ: GFUZ

Portfolio 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)

1K5° Jobs1komma5grad.comin
1KOMMA5°1komma5.dein

1KOMMA5° provides residential 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, individualized electricity pricing.

CleantechClimate TechEnergy

Aerskaaerska.io
alcemyalcemy.de
Alightalight.comin𝕏

Alight provides benefits administration through its Alight Worklife platform, which integrates HR and benefits tools and uses an AI engine (LumenAI) to personalize the employee benefits experience and automate tasks.

AI & Machine LearningHR TechSaaS

Altruistiqaltruistiq.com
Ankar
Ankaraiankar.ai

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

Bezerobezerocarbon.comin𝕏
BeZero Carbon
Biorcebiorce.comin

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

Bluubluu.bioin

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

BiotechDeep TechFoodTech

Dr. Sebastian Rakers(Co-Founder & Chief Executive Officer)

Ceezerceezer.comin

CEEZER operates an enterprise platform and advisory service for building and managing corporate carbon credit portfolios, offering access to vetted carbon projects, real-time pricing, procurement, tracking, retirements, and reporting.

CleantechClimate TechSaaS

ClimateViewclimateview.ioin

ClimateView provides a strategy platform that local and regional governments use to plan, execute, and track climate action across their jurisdictions.

Climate TechGovTechSaaS

Collectivcollectiv.food
Collectiv Foodcollectivfood.comin

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

Commonscommons.com
Doctrindoctrin.sein

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 HealthHealthtechSaaS

Einrideeinride.com
Elsaelsa.health
Elyptaelypta.comin𝕏
Endraendra.aiin

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 LearningConstruction TechEnterprise Software

evrocevroc.se
Feverfever.energyin
Granulargranular.energy
Granular Energygranular-energy.comin𝕏
Grunfingrunfin.com
Grünfin
Heart Aerospaceheartaerospace.comin𝕏

Heart Aerospace develops electric regional aircraft for commercial airline operators.

Advanced ManufacturingCleantechClimate TechHardwareSpace TechLos Angeles, US

Anders Forslund(Founder/CEO)in

Hygglohygglo.com

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

Ignitiaignitia.com
info@norrsken.vc
Invafresh
Julijuli.health

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

Junajuna.aiin

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

Juna Ai
Karmakarma.life
Karmankarman.space
Kognitykognity.comin𝕏

Kognity offers an interactive teaching and learning platform combining digital course content with built-in assessment and progress analytics for schools.

EdTechSaaS

Material Evolutionmaterial-evolution.comMay 2023

Dover, US

Samuel Clark(Director)Sukhjeevan Sunner(Director)Elizabeth Gilligan(Executive Officer, Director)

Material Exchangematerial-exchange.comin𝕏
Matsmartmatsmart.com

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

Northvoltnorthvolt.comin𝕏
Ochreochre.bio
Ochre Bioochre-bio.comin𝕏

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

Olioolio.com
Onepot
Plansplans.dk

A Danish consultancy providing strategy execution and board leadership services for owner-led growth companies, often with international operations.

Enterprise Software

Prediumpredium.dein
Quadriviaquadrivia.health
Quizrrquizrr.com
Renaissance Fusionrenaissance-fusion.com
SAVAsava.healthin𝕏

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

SpotmyEnergyspotmyenergy.dein

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

Stockeldstockeld.comin
Stockeld Dreamery
Submersubmer.tech
Sunsave.Cosunsave.co.uk

Exits · 1

IPOs and acquisitions across the tracked portfolio

General FusionNASDAQ: GFUZ

Portfolio news

latest coverage across their companies

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 team

The 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

Norrsken VC photo

Co-investors · 34

Balderton Capital

Balderton Capital's portfolio page listing companies it has backed across stages, sectors, and geographies, primarily in Europe.

Both backed · 2
$5M – $50M
Atomico

Atomico is an international venture capital firm that invests in growth-stage technology companies across multiple geographies. The firm focuses on scaling disruptive technology businesses globally.

Both backed · 1
Northzone

Northzone is a multi-stage venture capital firm investing from seed to growth.

Both backed · 1
Stockeld Dreamery
$1M – $50M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies, with a strong current focus on artificial intelligence.

$4.4M – $214M
General Catalyst

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.

$30M
Uncork Capital

Uncork Capital is a seed-stage venture firm that backs founders at the earliest stage, before their potential is widely recognized.

$3M – $5M
IVP (Institutional Venture Partners)

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.

$15M – $75M
Headline

Headline is a venture capital firm that invests in early-stage consumer internet and mobile companies across global markets.

$661K – $103M
Stellar Capital

Stellar Capital invests in founders building software, internet, and technology companies.

PICUS CAPITAL

Picus Capital is an early-stage technology investment firm that partners closely with founders on strategic and operational challenges to help build global companies.

$100K – $300M
QED Investors

QED Investors is a venture capital firm founded by former Capital One executives that invests in founders building transparency and fairness into financial services.

$30K – $25M
Lowercase Capital

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.

Similar investors

Featured in lists