Norrsken22 — Full Portfolio

Workpay provides HR and payroll management software for small-to-medium-sized businesses across Africa, covering employee lifecycle processes including onboarding, attendance, payroll, performance management, and offboarding.

B2B MarketplacesE-commerceFintechHardwareHealthtechHR TechLogistics & Supply ChainMobility & TransportationSaaSLagos, NG

SHSpencer Horne(CEO)Doaa Ibrahim Mahmoud Aref(CEO and Co-founder)Anton Erasmus(Chief Engineer)MGMbali Gushu(COO)

Co-investorsACAcadian Ventures Management, LlcSASaviu VenturesY Y CombinatorVEVerod Capital Management

Arc Waste Compactors manufactures waste and recycling equipment including self-contained, stationary, apartment, and vertical compactors, as well as cardboard balers for commercial, industrial, and institutional facilities.

Advanced ManufacturingCircular EconomyHardware

Co-investorsH.H.I.G. CapitalNONovastar VenturesPRProparco

Novastar Fund III (NVIII) portfolio company.

KBKarl Boyce(Founder)in

Co-investorsNONovastar VenturesBRBritish International InvestmentINInternational Finance CorporationMIMirovaPRProparco

Autochek is an automotive technology company that builds solutions for auto loans, vehicle maintenance and after-sales services, warranties, and transactional marketplaces within Africa's automotive sector.

FintechMarketplacesMobility & Transportation

Iyamu Mohammed(Founder)inEtop Ikpe(Founder)inMohammed Iyamu(Founder)

Co-investors4D4DX VenturesCACapria VenturesENEndeavor CatalystENEnza CapitalLALateral CapitalMOMobility 54+10 more

Credrails 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

Clara Wanjiku Odero(Founder)Nnamdi Umunna(Founder)Sam Njuguna(Founder)

Co-investorsACAcasia VenturesCACairo Angels Syndicate FundFIFirst CircleSASamos InvestmentsSOSoftBank Investment Advisers’ Emerge ProgramUNUnicorn Growth Ventures+2 more

Lua is a free online PDF converter that enables users to convert PDF files to Word, Excel, JPG, PNG, PPT, and HTML formats without requiring downloads.

SaaSNew York City, US

Co-investorsFLFlourish VenturesNANat TurnerTETechstars2020VCP1P1 VenturesPHPhosphor Capital+2 more

Lua is an AI workforce platform that enables teams to work alongside AI agents in a shared workspace with unified memory and governance.

AI & Machine LearningEnterprise SoftwareSaaSLondon, GB

LOLorcan O Cathain(CEO)inSKStefan Kruger(CTO)in

Co-investorsDIDigital Currency GroupENEnza CapitalP1P1 VenturesPIPioneerTRTRAC (Third Round Analytics Capital)TRTranspose Platform Management+13 more

Money254 is an online platform that lets users compare over 150 verified loans from banks, microfinance institutions, and digital lenders for personal and business needs.

FintechMarketplaces

Co-investorsENEnza CapitalOVOverton Venture Capital

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

BFBenjamin Fernandes(Founder)inSam CastleNicolai Eddy(COO)Nico Esteves(CTO)Jerry Chen(Talent Acquisition Manager)Harsimran Cheema(Recruiter)

Co-investorsACAcrew CapitalALAlumni VenturesAMAmplo VenturesBEBessemer Venture PartnersDFDFS Lab FrontierDIDigital Currency Group+22 more

Sabi is developing a thought-to-text wearable, a beanie with custom neuroimaging sensors that wirelessly reads brain signals to interpret what the wearer thinks or attempts to speak.

AI & Machine LearningDeep TechHardware

Co-investorsCOCollaborative FundKHKhosla VenturesSCScribble VenturesCOCommerzVenturesCRCRE Venture CapitalFLFluent Ventures+1 more

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

NANiklas Adalberth(Founder & Chairman)inEEErik Engellau-Nilsson(Co-founder)inFJFredrik Jung Abbou(Co-Founder)inWillem Vriesendorp(Co-founder Norrsken Brussels)Marc Jordana(Co-founder Norrsken Barcelona)inSKSara Kappelmark(Co-CEO)in

Co-investorsFAFarvatn VenturePLPlanet 9 Capital

Orca Water builds a water monitoring and predictive leak detection system that uses ultrasonic sensors and machine learning to visualize and localize water use down to specific fixtures via an interactive dashboard.

AI & Machine LearningCleantechIoT

Co-investorsFOForesight CanadaINInnovation UBCANAnkona CapitalBRBrighton Park CapitalENEnza CapitalMIMizMaa Ventures+2 more

Orca is a software platform that modernizes venture capital fund management by automating operations and streamlining workflows.

Enterprise SoftwareFintechSaaS

Shalom(CEO and Founder)Itzik(Head of Growth)Artem(Chief Product Officer)Meital(CFO)

Co-investorsF2F2 Venture CapitalSTState of Mind VenturesANAnkona CapitalBRBrighton Park CapitalENEnza CapitalMIMizMaa Ventures+2 more

Raenest provides financial infrastructure and payment solutions to enable individuals and businesses in emerging economies to participate in global finance.

FintechHR TechLagos, NG

VAVictor Alade(Founder)inRORichard Oyome(Founder)inSMSodruldeen Mustapha(Founder)Sodruldeen M.(Founder)in

Co-investorsAJAjim CapitalHOHoaQQEQED InvestorsTETechstarsTETen13VEVentures Platform+2 more

Life Ride offers non-emergency medical transportation with door-to-door assistance for people with mobility challenges, including wheelchair users and those recovering from injury.

HealthtechLogistics & Supply ChainMobility & TransportationLivingston, US

Co-investorsKLKli CapitalBRBritish International InvestmentINInternational Finance CorporationMIMirovaNONovastar VenturesPRProparco

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

AAAnu Adasolum(Founder)inAdemola Adesina(Founder)Anu Adedoyin Adasolum(Founder)

Co-investorsATAtlantica VenturesCACapria VenturesCOCommerzVenturesCRCRE Venture CapitalFLFluent VenturesLOLoftyInc Capital+10 more

Shara provides collateral-free business loans to small and medium business owners in Nigeria, offering working capital to help them stock inventory and grow.

FintechLagos, NG

GBGrant Brooke(Founder)in

Co-investorsCACanaan PartnersENEnza CapitalFUFuture AfricaMUMusha VenturesSCScribble VenturesTHThe Raba Partnership+2 more

Smile ID provides AI-based identity verification using biometrics, device and network intelligence, and document verification against government databases.

AI & Machine LearningCybersecurityDeveloper ToolsFintechSilicon Valley, US

WBWilliam BaresinMSMark Straub(Founder & CEO)in

Co-investors50500 GlobalBEBeta.VenturesCRCRE Venture CapitalFUFuture AfricaINIntercept VenturesLOLocalGlobe+13 more

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)inJDJunaid Dadan(Founder)inNatalie Cuthbert(Founder)Nathan Naidoo(Founder)Priyen Pillay(Founder)

Co-investors50500 GlobalCACatalyze AdvisorsCRCRE Venture CapitalDIDigital Currency GroupEXExpansion CapitalFUFund I, a series of Africa FinTech Collective, LP+18 more

Taager is an e-commerce platform that lets merchants start online retail businesses by supplying products, warehousing, shipping, delivery, and cash collection, while the merchant handles only marketing.

B2B MarketplacesE-commerceLogistics & Supply ChainCairo, EG

Ismail Omar(Founder)

Co-investors4D4DX VenturesA'A'Z AngelsBRBreyer CapitalRARAED VenturesBEBECO Capital

Tether is a cryptocurrency company that issues USDT, a stablecoin pegged to the US dollar, and invests in Bitcoin mining, peer-to-peer communications, AI infrastructure, and education initiatives.

AI & Machine LearningCrypto & Web3EnergyFintech

RCReeve Collins(Founder)in

Co-investorsALAlexia VenturesBLBlockchain CapitalTETether

Tyme is a digital banking group that builds and operates consumer banks in emerging markets, offering a customer-facing platform for managing and growing money.

Digital HealthFintech

C(Coenraad (Coen) Jonker(Founder)inDPDavid Pfaff(Co-CEO)inCJCheslyn Jacobs(CEO of GoTyme Bank South Africa)NDNathaniel D. Clarke(CEO of GoTyme Bank Philippines)JKJohn Kane(CEO Merchant Cash Advance Asia)inDBDieter Botha(Chief Operating Officer and CEO GoTymeX)in

Co-investorsBLBlue Earth Capital AGJGJG Digital Equity VenturesVUVU Venture PartnersYOYolo InvestmentsLALavender Hill Capital PartnersM&M&G Investments+1 more

Tabby is a platform offering buy-now-pay-later and installment payment options for online purchases across the Middle East and North Africa, designed as an alternative to cash-on-delivery and traditional card payments.

B2B MarketplacesE-commerceFintechMedia & Entertainment

FGFadi Ghandour(Founder)in

Co-investorsANAnnex InvestmentsDADASH Ventures

Workpay provides HR, payroll, compliance, and benefits administration services for businesses with remote and local teams across Africa.

Enterprise SoftwareFintechHR TechSaaSNairobi, KE

PKPaul Kimani(Founder)inJKJackson Kibigo Kungu(Founder)inEdwin Njuguna Mwangi(Executive Officer)David Maina Kariuki(Executive Officer)Jackson Kibigo(Founder)Jackson Kimani(Founder)

Co-investorsY Y CombinatorACAcadian Ventures Management, LlcP1P1 VenturesSASaviu VenturesSOSoma CapitalVKVKAV (Verod-Kepple Africa Ventures)+10 more