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

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)in

Co-investors4D4DX VenturesCACapria VenturesENEndeavor CatalystENEnza CapitalLALateral CapitalMSMSA Novo+6 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

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-investorsTETechstars2020VCFLFlourish VenturesP1P1 VenturesTWTwenty Two VenturesY Y Combinator

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(Founder)inSKStefan Kruger(Founder)in

Co-investorsDIDigital Currency GroupENEnza CapitalP1P1 VenturesTRTRAC (Third Round Analytics Capital)Y Y Combinator2020VC+1 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)in

Co-investorsACAcrew CapitalAMAmplo VenturesBEBessemer Venture PartnersDIDigital Currency GroupLILiquidity CapitalNYNyca+8 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-investorsKHKhosla VenturesSCScribble VenturesCOCommerzVenturesCRCRE Venture CapitalFLFluent VenturesJAJANNGO Capital

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 Venture

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-investorsFOForesightINInnovation 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 AladeinRORichard Oyome(Founder)inSMSodruldeen MustaphaSodruldeen 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 & CEO)in

Co-investorsATAtlantica VenturesCACapria VenturesCOCommerzVenturesCRCRE Venture CapitalFLFluent VenturesLOLoftyInc Capital+5 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.

Fintech

Co-investorsCACanaan PartnersENEnza CapitalMUMusha VenturesSCScribble VenturesTITimon CapitalTLTLcom Capital

Smile Identity offers AI-based identity verification that combines biometrics, device intelligence, network intelligence, and document verification against government databases to confirm a user's identity.

AI & Machine LearningCybersecurityDeveloper ToolsFintechSilicon Valley, US

MSMark StraubinWBWilliam Baresin

Co-investors50500 GlobalBEBeta.VenturesPTPTB VenturesVAValuestream VenturesCOCourtside Ventures

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

AI & Machine LearningCybersecurityFintech

MSMark Straub(Founder & CEO)in

Co-investorsCRCRE Venture CapitalINIntercept VenturesNINimble PartnersSTStory VenturesCOCommerce VenturesCOCourtside Ventures+4 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)in

Co-investors50500 GlobalCRCRE Venture CapitalDIDigital Currency GroupGLGlynn Capital ManagementHIHigh AlphaSHSHAKTI+8 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 Ventures

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 Ventures

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)inCJCoenraad J. Jonker(Founder & CEO)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)in

Co-investorsBLBlue Earth Capital AGVUVU Venture PartnersYOYolo InvestmentsLALavender Hill Capital PartnersTETencent Holdings

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)

BoardNWNgetha Waithaka(Director)inRYRyosuke Yamawaki(Director)in

Co-investorsY Y CombinatorACAcadian Ventures Management, LlcP1P1 VenturesSASaviu VenturesVKVKAV (Verod-Kepple Africa Ventures)LALaunch Africa Ventures+2 more