/Investor DB

Norrsken VC

Impact investor

Stockholm · Seed–Series A · 24 people tracked

Also known as Norrsken · Norrsken Foundation

Find your way into Norrsken VC

Sign up to see every warm intro you have to Norrsken VC

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Norrsken VC team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

✨ 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–Series A
Check
$1.1M – $3.2M
HQ
Stockholm, SE
Leads rounds
Follows
Instruments
Equity
Founded
2017
Last 12 months
1 investment
AUM
$507.6M
Tracked investments
84
Unicorns
2
IPOs
1

Team · 24 people

from the firm's website & curated & public directories
Christian zu Jeddeloh· Investment Manager
Rebecca Pantzer· Executive Assistantin

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

Tove Lilliestierna

Founder mafia

4 people who came through Norrsken VC went on to found or lead other companies.

What they invest in

from 56 of 84 portfolio companies

SaaS ×22AI & Machine Learning ×18Cleantech ×16Climate Tech ×14Enterprise Software ×14Energy ×9Healthtech ×8Data & Infrastructure ×7

HQs:Sweden×12United States×8Germany×7United Kingdom×6South Africa×2Canada×1

Who they back

founder profiles across 21 portfolio companies
19%
solo founders
4 of 21 mapped founding teams
44%
repeat founders
of 25 founders with career history

Founding team size:solo founder×42 founders×73 founders×44+ founders×6

Where their founders studiedfrom 25 founders with education data

HEC Paris ×3Technische Universität Berlin ×3ETH Zürich ×2Imperial College London ×2University of California, Berkeley ×2University of Cambridge ×2University of Münster ×2

What their founders studiedfrom 26 founders with field-of-study data

Engineering ×6Business & Management ×5Computer Science ×5Life Sciences ×5Economics ×4Design & Architecture ×2Mathematics & Statistics ×2Social Sciences ×2

Accelerator rootsportfolio companies that came through a program

Entrepreneur First ×2

6 founders hold a PhD (of 25 with degree data)

Investments · 84 tracked

founders shown can be your intro path

By year:2026 · 12025 · 42024 · 82023 · 62022 · 12021 · 72020 · 32019 · 32014 · 134 dated

General Fusiongeneralfusion.comin𝕏NASDAQ: GFUZ

General Fusion develops Magnetized Target Fusion (MTF) technology, combining plasma physics, mechanical compression, and liquid metal systems to build a practical, cost-competitive fusion power plant.

CleantechDeep TechEnergyBurnaby, CA

Michael Laberge(Executive Officer)Michel Laberge(Founder & Chief Science Officer)inNathan Gilliland(Executive Officer, Director)inSusan Koch(Executive Officer)inGreg Twinney(Chief Executive Officer)inMegan Wilson(Chief Strategy Officer)in

Co-investorsBraemar Energy VenturesChrysalixEvolution VC PartnersHelium-3 VenturesJIMCONew Ground Ventures+10 more

Evrocevroc.comMar 2025✓ verified

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-investorsBlisceEQT VenturesGiant Ventures Global LlpNorrsken Accelerator

Material Evolutionmaterialevolution.co.ukin𝕏Jun 2023 · $19M✓ verified

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

Elizabeth Gilligan(Founder)inSam Clark(Co-founder)in

Co-investorsKOMPAS VCAt One VenturesHG VenturesTechstarsVox CapitalNorrsken Accelerator+2 more

Material Exchangematerial-exchange.comin𝕏Nov 2020 · $6M✓ verified

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

Darren Glenister(Chief Executive Officer)inDora Lality(Chief Legal Officer)inRobert Conway(Chief Product & Technology Officer)inGareth Bartman(Chief Financial Officer)inDejan Zvekic(Chief of Digitization)in

Co-investorsMolten VenturesDay One CapitalInventurePartech VenturesInventureNCT Ventures+1 more

Syresyre.comin✓ verified

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)inDennis Nobelius(CEO)inJad Finck(Chief Commercial Officer)inScott Pearson(Chief Technology Officer)

Co-investorsLeitmotifGiant Ventures Global LlpNorrsken Accelerator

1KOMMA5°1komma5grad.comin𝕏

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

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

Co-investorsCarbonCoastCapeCAPITAL ENTREPRENEURIAL PARTNERSFranz Haniel & Cie. GmbHG2 Venture Partnersb2venture+6 more

Aerskaaerska.cominOct 2025

Aerska develops RNA interference (RNAi) medicines designed for targeted delivery across the blood-brain barrier to treat, delay, and prevent central nervous system and neurological diseases.

BiotechDeep TechHealthtechMedical Devices

Stuart Milstein(Chief Platform Officer, Co-founder)inJack O’Meara(Chief Executive Officer, Co-founder)inDave Hardwicke(Director, Head of Business Development, Co-founder)

Co-investorsage1BackedBlueYard CapitalEntrepreneur FirstGlobal Health Investment CorporationIaso Ventures+6 more

alcemyalcemy.techinJul 2024 · $10M

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

Leopold Spenner(Founder)inRobert Meyer(Founder)inLeopold Spenner Robert Meyer(Founder)

Co-investorsAENUBitStone CapitalEntrepreneur FirstHAWKTAILLa FamigliaLocalGlobe+3 more

Alightalight.comin𝕏

Alight is a technology-enabled services provider offering AI-powered care navigation and employee benefits platforms to help organizations manage health and financial security for their workforces.

AI & Machine LearningEnterprise SoftwareHealthtechHR TechSaaS

Co-investorsNew Mountain CapitalTime Zero Capital

Altruistiqaltruistiq.cominSeed · Jul 2022 · $18M

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

Climate TechData & InfrastructureEnterprise SoftwareSaaS

Saif Hameedin

Co-investorsMolten VenturesAtomicoNorrsken Accelerator

Ankarankar.aiin

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

Tamar Gomez(Co-Founder)inWiem Gharbi(Co-Founder)in

Co-investorsAtomicoBOOOMDaphniIndex VenturesMotier VenturesNorrsken Accelerator+1 more

Astranisastranis.comin𝕏Apr 2021

Astranis manufactures small, high-powered geosynchronous satellites equipped with advanced digital processing technology for global telecommunications and connectivity services.

Advanced ManufacturingDeep TechHardwareSpace TechSan Francisco, US

John Gedmark(CEO)inRyan McLinko(CTO)inMike Mancini(Executive Officer)Siamak Ebadi(Lead RF Engineer)inHall Chen(RF Payload Design)inShraddha Pandya(Talent Acquisition)

Co-investorsAndreessen HorowitzATEL VenturesBlack FlagBoxGroupCantos VenturesCherubic Ventures+85 more

Bezerobezerocarbon.comin𝕏

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

Tommy Ricketts(Co-founder & CEO)inSeb

Co-investorsContrarian VenturesHitachi VenturesMolten VenturesTransLink CapitalEDF Pulse VenturesExtantia Capital+2 more

Biorcebiorce.cominSeed · Jul 2025 · $6M

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

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

Co-investorsEndeavor CatalystMSMYZR CapitalMasiaMustard Seed MazeNorrsken Accelerator

Bluu Biosciencebluu.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)inSebastian Rakers(Founder)Simon Fabich(Founder)

Co-investorsLBBW Venture Capital GmbHLever VCManta Ray VenturesTrellis Road I Fund ABNorrsken Accelerator

Ceezerceezer.earthinJan 2024 · $11M

CEEZER operates a platform that helps large enterprises plan, source, and manage high-quality carbon credits and carbon removal projects to meet net-zero targets.

CleantechClimate TechData & InfrastructureEnterprise SoftwareSaaSBerlin, DE

Carla Luisa Woydt(Co-Founder & Chief Impact Officer)inHannes Nützmann(Co-founder & Chief Product Officer)inMagnus Drewelies(Founder & CEO)inJuliane Sterzl(Chief Revenue Officer)in

Co-investorsCarbon Removal PartnersPICUS CAPITALHV Capital

ClimateViewclimateview.ioinSeries A · Jun 2023 · $12M

ClimateView provides a platform for cities to model, cost, and govern their climate transition from strategic planning through implementation.

Climate TechData & InfrastructureGovTechSaaSStockholm, SE

Tomer ShalitinAnna Westerberg(VP Product Design)in

Co-investors2050CommerzVenturesNordicNinjaSandwater115KGaingels+1 more

Collectiv Foodcollectivfood.cominSeries A · Jul 2021 · $16M

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-investorsOctopus VenturesColle Capital PartnersFrontline VenturesKima VenturesPartech VenturesStart Capital+5 more

Djamodjamo.comin𝕏Seed

Djamo is a mobile fintech app offering banking services including current accounts, savings accounts, investment funds, short-term credit, and VISA cards for users in the UEMOA zone.

FintechAbidjan, CI

Hassan Bourgi(Founder)inFlinde Regis Herve Bamba(Director)Flinde Herve Bamba(Director)Regis Bamba(Founder)Felicia Sangare(Head of global talent)Loyde Hacancossy(Technical Recruiteur)

Co-investorsDigital Currency GroupEnza CapitalKima VenturesP1 VenturesPartech VenturesThe Raba Partnership+6 more

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 HealthEnterprise SoftwareHealthtechSaaSStockholm, SE

Co-investorsHealthCapNorrsken Accelerator

Eden Careedencaremedical.comin𝕏Seed

Eden Care provides digital health insurance solutions designed to address frustrations with traditional underwriters, including faster pre-authorization, transparent claims processing, and prevention-focused coverage for individuals and employers across East Africa.

Digital HealthFintechHealthtechInsurTechNairobi, KE

Moses Mukundi(Founder)inKevin Rudahinduka(CEO Rwanda)in

Co-investorsAngaza CapitalBeyond Capital VenturesDOB EquityHiga CapitalNeer Venture PartnersPioneer+3 more

Elyptaelypta.comin𝕏

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

Francesco Gatto(Founder and Scientific Advisor)Jens Nielsen(Chairman, Founder)

Co-investorsBonnier CapitalChalmers Ventures ABIndustrifondenNavigare VenturesNina CapitalBonnier Ventures+2 more

Endraendra.aiinPre-Seed · Mar 2014 · $3M

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-investorsAndreessen HorowitzNotion CapitalNorrsken Accelerator

Feverfever.energyin

Fever Energy provides a software platform that energy companies use to connect distributed energy assets, manage portfolios, and generate customer and market value from flexibility.

CleantechEnergySaaSStockholm, SE

Klas Johansson(Founder)inJonatan Raber(Founder)Ron Stolero(Founder)Ruben Flam(Founder)

Co-investorsRTP GlobalGeneral CatalystLa Famiglia

Floatpays Incfloatpays.comin𝕏Seed

FloatPays is a financial services provider offering credit and payments solutions, regulated in South Africa as a financial intermediary and payments provider.

FintechHR TechSaaSCape Town, ZA

Simon Ward(Founder)in

Co-investors4DX VenturesFINCA VenturesFounders Factory AfricaSoma CapitalThe Raba PartnershipY Combinator+8 more

Founders Pledgefounderspledge.comin𝕏Dec 2019 · $3M

Founders Pledge advises technology entrepreneurs and founders on high-impact charitable giving, facilitating and maximizing donations to nonprofits and social causes.

EdTechImpact & Social GoodSector AgnosticLondon, GB

David Goldberg(Founder & President)in

Co-investorsfirstminute capitalHeadlineLondon Venture PartnersSequoia Capital

Granulargranular.agOct 2023

San Francisco, US

Sid Gorham(Executive Officer, Director)Mike Preiner(Director)

BoardJohn O'Farrell(Director)David Kellog(Director)Mike Kourey(Director)Michael O'Connor(Director)

Co-investorsAndreessen HorowitzReventAcurio VenturesFall Line CapitalValo Ventures

Granular Energygranular-energy.comin𝕏Seed · Oct 2023 · $8M

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-investorsAcurio VenturesBoxGroupJERAKickstart InnovationReventSpinLab+4 more

Grunfingrunfin.comOct 2021 · $2.3M

Grünfin was a company that offered a service to customers, but has since ceased operations.

Alvar Lumberg(Founder)Karin Nemec(Founder)Triin Hertmann(Founder)

Co-investorsSie VenturesSuperAngel

Heart Aerospaceheartaerospace.comin𝕏Seed · Feb 2024 · $107M

Heart Aerospace develops electric regional aircraft for commercial airline operators.

Advanced ManufacturingCleantechClimate TechHardwareSpace TechLos Angeles, US

Anders Forslund(CEO)inKlara Forslund(Founder)Bob Criner(Electric Aircraft Propulsion System Engineer)in

Co-investorsBreakthrough Energy Ventures2am VCAlumni VenturesCastor VenturesKoru CapitalLowercarbon Capital+15 more

Hygglohygglo.com

Hygglo is a peer-to-peer rental platform operating across Europe that enables individuals to earn money by renting out unused items and access goods on-demand.

Circular EconomyConsumerMarketplacesStockholm, SE

Ola Degerfors(CEO)Henrik Fräsén(Head of Product & Growth)inAxel Hellström(Head of Customer Success)in

Julijuli.coin𝕏

Juli is a digital healthcare company that builds a data-driven mobile app to help people manage chronic conditions by analyzing personal health data.

AI & Machine LearningDigital HealthHealthtechMental HealthSaaSWellness & Fitness

Bettina Hein(Executive Chairwoman & Founder)inBettina Duehrkoop(CEO, Head of Product & Founder)inJoris Straatman(CTO & Co-Founder)inJoseph Hayes(Chief Medical Officer & Co-Founder)inGermaine Oliver(Product Owner & Co-Founder)inAaron Kandola(Chief Scientific Officer)in

Co-investorsSoftBank Investment Advisers’ Emerge Program

Juna AIjuna.aiin

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)inChristian Hardenberg(Founder)inTuba Vogel(Founding People Lead)inChristian Graf von Hardenberg(Founder)Christian von Hardenberg(Founder)

Co-investorsKleiner PerkinsNorrsken Accelerator

Karmakarma.life

Karma is a cloud-based restaurant management platform combining POS, loyalty, online ordering, payments, and marketing in one system for restaurants.

FoodTechRetail TechSaaSStockholm, SE

Ben Lewis(Founder)Elsa Bernadotte(Founder)Hjalmar Ståhlberg Nordegren(Founder)Lee Linden(Founder)inLudvig Berling(Founder)Mattis Larsson(Founder)

Co-investorsRocketship.vcGV (Google Ventures)HeadlineInitialized CapitalKleiner PerkinsSoftBank Group+5 more

Kognitykognity.comin𝕏

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

EdTechEnterprise SoftwareSaaS

Hugo Wernhoff(Founder)in

Co-investorsAlexander Geza Marcus PejacsevichLiquidity CapitalMars Growth CapitalAlfvén & DidriksonNorrsken Accelerator

Material Evolutionmaterial-evolution.comMay 2023 · $19M

Dover, US

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

Co-investorsAt One VenturesHG VenturesKOMPAS VCSkyRiver Ventures

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

Co-investorsBlume EquityNorthzone

Molliemollie.comin𝕏Series A · Jul 2019 · $28M

Mollie provides in-person payment tools for European businesses, including card terminals, mobile and fixed POS terminals, and tap-to-pay apps for iPhone and Android, all managed through a central dashboard.

E-commerceFintechRetail TechSaaS

Adriaan Mol(Founder)in

Co-investorsAlkeon InnovationFelicis VenturesGeneral AtlanticKeen Venture PartnersTCVAlkeon Capital+2 more

North Voltnorthvolt.comin𝕏

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

Advanced ManufacturingCleantechEnergyStockholm, SE

Paolo Cerruti(Founder)inPeter Carlsson(Founder)

Co-investorsBoundary HoldingExtantia CapitalDanica PensionEIT InnoEnergyNorrsken Accelerator

Ochreochre.bio

Liver transplant and drug testing

Co-investorsSelvedge Ventureah! VenturesKhosla VenturesLifeforce Capital

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(CSO)inJack O'Meara(Founder)in

BoardChinwe UkomaduElaine SullivanEliot ForsterJack Castle

Co-investorsBackedBeast VenturesCoastCapEntrepreneur FirstExpaHoxton Ventures+18 more

Olioolio.com

Tessa Clarke(Founder)in

Co-investorsOctopus Ventures

Ossusossus.comin𝕏Seed

Ossus builds software for managing library operations, including cataloging, circulation, and inventory management, with AI-assisted features that automate routine administrative tasks while preserving librarian judgment.

AI & Machine LearningData & InfrastructureEnterprise SoftwareSaaSSan Francisco, US

Jonathan Görtz(CEO)inCarl-Hugo Jacobsson(Founder)inKaan Sirin(CTO)in

Co-investorsFlorent Venture PartnersPioneerWave VenturesY Combinator20VCAndreessen Horowitz+5 more

Ovivaoviva.comin

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

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

Co-investorsAlbion Capital GroupAlbionVCAnkaa VenturesF-Prime CapitalKinnevikKreos Capital+3 more

Plansplans.dk

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

Enterprise Software

Co-investorsAccelDisruptiveDragoneer Investment GroupGeneral CatalystGreenoaksICONIQ+2 more

Prediumpredium.deinSeries A · Nov 2024 · $14M

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-investors2bXUVC PartnersNorrsken Accelerator

Quizrrquizrr.seinApr 2020

Quizrr operates a platform for workforce training and human rights due diligence (HRDD) compliance reporting across supply chains, offering learning programs, supply chain insights, and benchmarking.

EdTechEnterprise SoftwareSaaS

Sofie Nordström(Founder)in

Co-investorsWorking Capital Fund

Recupere Metalsrecupere-metals.cominFeb 2026

Recupere produces copper electrical wire from 100% recycled feedstock using a process that eliminates smelting, aiming to build more resilient Western copper supply chains and lower greenhouse gas emissions.

Circular EconomyCleantechNew Materials

Katie Marsh(Co-Founder, CEO)inJulien Vaissette(Co-Founder, CTO)in

Co-investorsEndgame CapitalSistaPrime VenturesRing CapitalVentures Together

Retoolretool.comin𝕏Dec 2021

Retool is a platform for building and governing internal tools, admin panels, and dashboards across teams.

Data & InfrastructureDeveloper ToolsEnterprise SoftwareFuture of WorkSaaSSan Francisco, US

David Hsu(CEO)inSnir Kodesh(Head of Engineering)Anthony GuoAlex Tapper(Customer Engineer)Jack McCloy(Software Engineer)Donald Hruska(Engineering)

Co-investorsBond Capital ManagementCoatue ManagementLiquid VenturesPreston-Werner VenturesSequoia CapitalStandard Capital+37 more

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

Renato Circi(Founder)inRafaël Michali(Founder)in

Co-investorsBalderton CapitalExceptional VenturesItalian Founders FundExor Ventures

Spot my Energyspotmyenergy.cominDec 2024

Spot My Energy offers a home energy management system built around a smart meter that tracks household electricity consumption and generation in near real-time, connecting PV systems, home batteries, EV chargers and heat pumps for automated control and dynamic pricing.

CleantechEnergyIoTCologne, DE

Jochen Schwill(Founder)inCleantech Energy IoT Jochen Schwill(Founder)

Co-investorsPICUS CAPITALVorwerk Ventures

Stitchstitch.moneyin𝕏Seed · Feb 2021 · $4M

Stitch provides payment infrastructure enabling businesses to accept, send and manage online and in-person payments while offering consumers in South Africa financial management tools.

FintechSaaSSouth Africa, ZA

Mohamed Oueida(Founder & CEO)Kiaan Pillay(Founder)inJunaid Dadan(Founder)inNatalie Cuthbert(Founder)Nathan Naidoo(Founder)Priyen Pillay(Founder)

Co-investors500 GlobalCatalyze AdvisorsCRE Venture CapitalDigital Currency GroupExpansion CapitalFund I, a series of Africa FinTech Collective, LP+18 more

Stockeld Dreamerystockeld.cominOct 2021 · $20M

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-investorsInventureNorthzoneTrellis Road I Fund ABAstanor VenturesCreandumEurazeo+1 more

Submersubmer.cominSep 2020 · $12M

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

AI & Machine LearningCloud ComputingData & InfrastructureBarcelona, ES

Pol Valls Soler(Founder)in

Co-investorsMundi VenturesNorrsken Accelerator

SunSavesunsave.energyin𝕏Seed · Dec 2023 · $7M

Sunsave offers a solar subscription service that allows UK households to install solar panels and batteries through fixed monthly payments rather than upfront costs, with immediate savings on energy bills.

CleantechClimate TechEnergyImpact & Social GoodLondon, GB

Alick(Co-founder)Ben(Co-founder)

Co-investorsClearance Venture Partners

Syresyre.sein

Grand North is a communications agency that combines strategy and creative work to help companies and organizations build brands, generate leads, support sales, and drive sustainability-focused business results.

Marketing Tech

Göran Bärnsten(CEO & Project Manager)in

Terra Labsterralabs.cominMar 2024

Terra Labs builds AI that turns satellite and Earth observation data into monitoring and decision-making intelligence, starting with forestry.

AI & Machine LearningClimate TechDeep Tech

Co-investorsInception Fund

Terralayrterralayr.com

DeepTech company based in Zug (Active)

Ludwig Wurlitzer(Founder)Philipp Man(Founder)

Co-investorsEarlybird Venture CapitalPICUS CAPITALCreandumEurazeoNorrsken AcceleratorRive Private Investment

trawatrawa.deinSeries A · May 2025 · $27M

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

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

Co-investorsAENUBalderton CapitalHeadlineNorrsken AcceleratorSpeedinvest

Vindvind.aiinSeed · Sep 2024 · $3M

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-investorsArkwright XDNV VenturesNorrsken Accelerator

Other

Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.

CollectivCommonsEinrideElsaGrünfinIgnitiainfo@norrsken.vcInvafreshKarmanOnepotPremirr PlasticsQuadriviaRenaissance FusionSunsave.CoVerseVultusWoshapp

Exits · 1

1 IPOs

General FusionNASDAQ: GFUZ

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Norrsken VC made?
Norrsken VC has 84 tracked investments, 1 of which have exited, including 7 dated in the last 24 months.
What stage does Norrsken VC invest at?
Norrsken VC invests at the Seed, Series A 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.
Who does Norrsken VC co-invest with?
Norrsken VC most often shares deals with PICUS CAPITAL, AENU, Entrepreneur First, among 84 tracked co-investors.

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

Impact investeringar | Connect Sessions med Fabian Erici från Norrsken VC

Connect Sverige · Fabian Erici

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

Headline

Headline is a global venture capital firm investing in early- and growth-stage founders, with teams on the ground across multiple continents.

$1M – $50M
PICUS CAPITAL

Picus Capital is an early-stage technology investment firm with a long-term investment philosophy, partnering closely with founders on strategic and operational challenges to build global companies.

$100K – $5M
EQT Ventures

EQT Ventures is the venture capital arm within the EQT platform, backing early-stage European founders building what it calls Generation-Defining Companies.

$2M – $50M
Sequoia Capital

Sequoia Capital is a venture capital firm that partners with founders to build technology companies.

$100K – $50M
General Catalyst

General Catalyst is a venture capital firm operating as a partnership focused on company building and accelerating the growth of the businesses it backs.

Both backed · 2
$30M
Uncork Capital

Uncork Capital is a seed-stage venture firm that backs early founders, with a focus on AI-native companies driving scale and industry change.

Both backed · 2
$3M – $5M
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 · 2
Balderton Capital

Balderton Capital is a European venture capital firm that backs technology startups.

Both backed · 2
$5M – $50M
Northzone

Northzone is a technology-focused venture capital firm investing across AI and deep tech on both sides of the Atlantic, backing companies from early stage through growth.

$1M – $50M
HV Capital

HV Capital is a European multistage venture capital firm that backs founders from the first check through IPO, investing across consumer, software, deep tech and AI.

Both backed · 2
$540K – $54M
firstminute capital

firstminute capital is an early-stage venture fund providing the first institutional cheque to European founders building global technology companies across AI and deep tech.

$1M – $3M
Presight Capital

Presight Capital is a venture capital firm that invests across stages in science- and technology-driven companies, including biotech, mental health therapeutics, fusion energy, robotics, and healthcare.

$500K – $20M
▶22 more co-investors

London Venture PartnersQED InvestorsLowercase CapitalGeneral AtlanticImmeasurableQuona CapitalVisionaries ClubFuture AfricaMax VenturesPowerhouseKaya FoundersWorking Capital FundIVP (Institutional Venture Partners)Stellar CapitalBase10 PartnersAntlerCausalEXPONENT FOUNDERS CAPITALVera EquityFoundamentalWestCapPlum Alley Investments

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