Norrsken22
Growth equityJohannesburg · Seed–Late Stage · 26 people tracked
Investment thesis
Norrsken22 invests growth capital in disruptive, scalable, tech-enabled businesses across Africa, concentrating on the continent's main tech hubs of Nigeria, Kenya, South Africa and Ghana. Managed by general partners deeply embedded in the African tech ecosystem, the fund emphasizes value creation beyond capital, treating each investment as a partnership. It is supported by a board of founders behind companies such as Flutterwave, Klarna, Skype and King, and an advisory council of African business leaders. The fund is a for-profit vehicle sharing the values of its founding partner, the Norrsken Foundation, which reinvests its 22% carry back into the African startup ecosystem.
Source: firm website, verified Aug 7, 2026.
Team · 26 people
from the firm's websiteWhat they invest in
from 10 of 22 portfolio companiesFintech ×8SaaS ×5Data & Infrastructure ×2Enterprise Software ×2HR Tech ×2AI & Machine Learning ×1B2B Marketplaces ×1Climate Tech ×1
HQs:United States×3Nigeria×2Kenya×1Sweden×1South Africa×1
Investments · 22 tracked
founders shown can be your intro pathCredrails provides a financial data aggregation and reconciliation platform that integrates data from multiple sources and formats to give finance teams real-time cash balance visibility, automated audit trails, and consolidated statements.
Data & InfrastructureEnterprise SoftwareFintechSaaS
A mobile money transfer service empowering Africans globally to make safe, affordable, and reliable payments to Africa
NALA operates two payment platforms: one enables consumers to send money across borders to emerging markets, while the other provides stablecoin-based payment infrastructure for businesses in those regions.
FintechNew York City, US
Benjamin Fernandes(Founder)in
Norrsken is a Sweden-founded impact organization comprising co-working Houses, independent venture funds, and a Launcher program that support founders building companies in areas like climate, health, and food systems.
Climate TechHealthtechImpact & Social GoodStockholm, SE
Niklas Adalberth(Founder & Chairman)Erik Engellau-Nilsson(Co-founder)Fredrik Jung Abbou(Co-Founder)Willem Vriesendorp(Co-founder Norrsken Brussels)Marc Jordana(Co-founder Norrsken Barcelona)Sara Kappelmark(Co-CEO)
Sabi provides infrastructure and platform services for the distribution of goods and services across Africa's supply chain, offering businesses access to supply chain logistics, financial services, and market insights.
B2B MarketplacesData & InfrastructureFintechLogistics & Supply ChainSaaS
Africa's leading provider of enabling infrastructure powering the distribution of goods and services
Helps merchants grow their business by financing trusted customers to make purchases and pay back in installments
Helps African businesses confirm the true identity of their users in real-time
Smile Identity provides AI-powered identity verification and fraud detection services designed for markets in the Global South.
AI & Machine LearningCybersecurityFintechSilicon Valley, US
A multi-country digital banking group for emerging markets
Tyme Group operates GoTymeX, a digital banking platform serving emerging markets, offering financial services such as transactions and credit.
Digital HealthFintech
Frequently asked questions
- What stage does Norrsken22 invest at?
- Norrsken22 invests at the Seed, Series A, Series B, Series C, Growth, Late Stage stages.
- What sectors does Norrsken22 focus on?
- Norrsken22 focuses on B2B Marketplaces, EdTech, Enterprise Software, Fintech, Healthtech, Logistics & Supply Chain, Marketplaces, Medical Devices.
- Where is Norrsken22 located?
- Norrsken22 is headquartered in Johannesburg, ZA.
- Does Norrsken22 lead rounds?
- Yes, Norrsken22 leads investment rounds.
Media · Podcasts & interviews
featuring the teamLexi Novitske, Norrsken22
The Collective Member Podcast · Lexi Novitske
Startup Founders Should Avoid These Mistakes | Lexi Novitske: Norrsken22 General Partner
The African CEO · Lexi Novitske
Norrsken22's General Partner, Lexi Novitske talks about investment opportunities in Africa.
Kenyan Wall Street · Lexi Novitske
Images
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