Overview

What they do
Founded in 2016 by Niklas Adalberth, Norrsken Foundation was built on the belief that entrepreneurship and technology are the most powerful forces for positive global change. It operates physical co-working hubs and has incubated a suite of independent venture capital funds with a strict 'impact + return' mandate. Norrsken is distinctive in proving that purpose-driven companies can achieve unicorn valuations and top-quartile financial returns without compromising their mission.
norrsken.org
What they look for
Norrsken's core thesis is to find, back, and empower "impact unicorns"-companies whose core business model positively impacts one billion lives while generating outsized financial returns. Every investment must be tied to sustainability objectives aligned with the United Nations Sustainable Development Goals (SDGs). They look for highly scalable, tech-driven businesses where impact is intrinsically linked to revenue, seeking companies where scaling the business directly equates to scaling positive impact.
norrsken.org
Stage
Pre-seed, Seed, Series A, Series B+
norrsken.org
Sectors
Climate, Healthcare, AI, Deeptech, Edtech, Fintech, SaaS, Mobility and logistics
norrsken.org
Based
Stockholm, SE
norrsken.org

Sources

2026-09-01norrsken.orgNorrsken is a non-profit foundation born out of a belief in entrepreneurship and new…
2026-09-01norrsken.orgTarget stage Pre seed/Seed ... Target stage Series A-C
2026-09-01norrsken.orgFounder of Norrsken Foundation Linkedin [https://www.linkedin.com/in/niklasadalberth]

Portfolio, cheque size and the rest

The 29 companies they have backed that we can see, the cheque they write, and whether they are deploying right now.

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