Norrsken VC — Full Portfolio

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 VenturesGIGiant Ventures Global Llp

Material Evolution produces ultra-low carbon cement replacements for concrete manufacturers, ready-mix producers, and construction companies seeking to reduce embodied carbon in their projects.

Circular EconomyCleantechConstruction TechNew Materials

Co-investorsKOKOMPAS VCATAt One VenturesHGHG VenturesPLPlayfair CapitalSKSkyRiver Ventures

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 CapitalINInventureNCNCT Ventures

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-investorsLELeitmotifGIGiant Ventures Global Llp

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

Co-investorsCACarbonCOCoastCapECeCAPITAL ENTREPRENEURIAL PARTNERSFRFranz Haniel & Cie. GmbHG2G2 Venture Partners

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

PLPhilip Liesenfeld(Founder)in

Co-investorsCOCoastCapECeCAPITAL ENTREPRENEURIAL PARTNERSB2b2ventureEUEurazeoG2G2VPHAHamilton Lane+2 more

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

SMStuart Milstein(Co-Founder)inJOJack O’Meara(Cofounder)in

Co-investorsAGage1BABackedBLBlueYard CapitalENEntrepreneur FirstIAIaso VenturesPSPsyMed Ventures+4 more

Berlin-based alcemy sells machine-learning software that predicts and controls cement and concrete quality to cut clinker and CO2.

RMRobert Meyer(Founder)in

Co-investorsENEntrepreneur FirstHAHAWKTAILLALa Famiglia

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-investorsTITime Zero Capital

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 VenturesATAtomico

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(Founder)inWGWiem Gharbi(Founder)

Co-investorsBOBOOOMDADaphniINIndex VenturesATAtomico

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 VenturesTRTransLink CapitalEXExtantia CapitalILIlluminate Financial

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 & CEO)in

Co-investorsENEndeavor CatalystMSMSMYZYZR Capital

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)in

Co-investorsLBLBBW Venture Capital GmbHLELever VCMAManta Ray Ventures

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 TechEnterprise SoftwareSaaSBerlin, DE

CLCarla Luisa Woydt(Co-Founder & Chief Impact Officer)inHNHannes Nützmann(Co-founder & Chief Product Officer)inMDMagnus Drewelies(Founder & CEO)inJSJuliane Sterzl(Chief Revenue Officer)in

Co-investorsCACarbon Removal PartnersPIPICUS CAPITALHVHV Capital

CEEZER provides a platform and advisory services to help large enterprises manage climate action initiatives, verify carbon projects, and meet net-zero commitments with science-backed guidance and investment structuring.

CleantechClimate TechData & InfrastructureEnterprise SoftwareSaaS

MDMagnus Drewelies(Founder and CEO)inCWCarla Woydt(Chief Impact Officer)inHNHannes Nützmann(Chief Product Officer)inJSJuliane Sterzl(Chief Revenue Officer)in

Co-investorsCACarbon Removal PartnersHVHV CapitalPIPICUS CAPITAL

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

Climate TechGovTechSaaS

Co-investorsNONordicNinjaSASandwater11115K202050COCommerzVenturesMAMax Ventures

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

Co-investorsOCOctopus VenturesCOColle Capital PartnersFRFrontline VenturesKIKima VenturesPAPartech VenturesSTStart Capital+2 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 HealthHealthtechSaaS

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 CapitalSCSciety

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)in

BoardAnthony DiGiandomenico(Director)Daniel Landry(Director)Alexander Tokman(Director)Sanjiv Gambhir(Director)

Co-investorsANAndreessen HorowitzNONotion Capital

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)in

Co-investorsRTRTP Global

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

DGDavid Goldberg(Founder & President)in

Co-investorsFIfirstminute capitalHEHeadlineLOLondon Venture PartnersSESequoia Capital

San Francisco, US

SGSid Gorham(Executive Officer, Director)MPMike Preiner(Director)

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

Co-investorsANAndreessen HorowitzACAcurio VenturesFAFall Line CapitalREReventVAValo Ventures

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(Co-Founder & CEO)inBruno(Co-Founder)Sam(Co-Founder)

Co-investorsACAcurio VenturesJEJERAKIKickstart InnovationREReventSPSpinLabVAValo Ventures+2 more

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

Co-investorsSUSuperAngel

Heart Aerospace develops electric regional aircraft for commercial airline operators.

Advanced ManufacturingCleantechClimate TechHardwareSpace TechLos Angeles, US

AFAnders Forslund(Co-Founder & Chief Executive Officer)in

Co-investorsBRBreakthrough Energy Ventures2A2am VCCACastor VenturesLOLOWERCARBONLOLowercarbon CapitalSASagitta Family Office+5 more

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

ODOla Degerfors(CEO)HFHenrik Fräsén(Head of Product & Growth)inAxel Hellström(Head of Customer Success)in

Juli is a digital healthcare startup that analyzes health data to improve care for people with chronic conditions.

AI & Machine LearningDigital HealthHealthtechWellness & Fitness

Dr. Joseph Hayes(Medical Advisor and Co-founder)Bettina Duehrkoop(CEO, Founder)inGOGermaine Oliver(Product Owner, Co-founder)inBHBettina Hein(Executive Chairwoman, Founder)JSJoris Straatman(Chief Technical Officer, Co-founder)in

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)in

Co-investorsKLKleiner Perkins

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

FoodTechRetail TechSaaSStockholm, SE

Co-investorsRORocketship.vcGVGV (Google Ventures)INInitialized CapitalSOSoftBank GroupSUSusquehanna Growth EquityTITiger Global Management+2 more

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-investorsLILiquidity CapitalMAMars Growth CapitalALAlfvén & 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 EconomyClimate TechNew MaterialsBelfast, GB

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

Co-investorsTETechstarsATAt One VenturesKOKOMPAS VCPLPlayfair CapitalSKSkyRiver Ventures

Dover, US

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

Co-investorsATAt One VenturesHGHG VenturesKOKOMPAS VCSKSkyRiver Ventures

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-investorsBLBlume EquityNONorthzone

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

Co-investorsALAlkeon InnovationFEFelicis VenturesGEGeneral AtlanticKEKeen Venture PartnersTCTCV

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)in

Co-investorsBOBoundary HoldingEXExtantia CapitalDADanica Pension

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(Founder/CSO)inJOJack O'Meara(Founding CEO)in

BoardChinwe UkomaduElaine SullivanEliot ForsterJack Castle

Co-investorsBABackedBEBeast VenturesCOCoastCapENEntrepreneur FirstEXExpaHOHoxton Ventures+7 more

Tessa Clarke(Founder)in

Co-investorsOCOctopus Ventures

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(Founder)in

Co-investorsALAlbionVCANAnkaa VenturesF-F-Prime CapitalKIKinnevikWAWalking Ventures

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

Enterprise Software

Co-investorsACAccelDIDisruptiveDRDragoneer Investment GroupGEGeneral CatalystGRGreenoaksICICONIQ+2 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)in

Co-investors2B2bXUVUVC Partners

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

SNSofie Nordström(Founder)in

Co-investorsWOWorking Capital Fund

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)inRMRafaël Michali(Founder)in

Co-investorsBABalderton CapitalEXExceptional VenturesITItalian Founders FundEXExor Ventures

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

Co-investorsPIPICUS CAPITALVOVorwerk Ventures

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)KPKiaan Pillay(Founder)in

Co-investors50500 GlobalCRCRE Venture CapitalDIDigital Currency GroupGLGlynn Capital ManagementHIHigh AlphaNONorrsken22+8 more

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

Climate TechFoodTechStockholm, SE

Sorosh(CEO)

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 Ventures

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-investorsCLClearance Venture Partners

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 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-investorsINInception Fund

DeepTech company based in Zug (Active)

Co-investorsEAEarlybird Venture CapitalCRCreandumEUEurazeoPIPICUS CAPITALRIRive 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)in

Co-investorsBABalderton CapitalAEAENUHEHeadlineSPSpeedinvest

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)in

Co-investorsARArkwright X

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 CapitalALAlmi Invest

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 Ventures