Norrsken
- Company typePrivate
- Founded2017
- HeadquartersStockholm, Sweden
- Headcount—
- GTM typeB2B
- OfferingServices
Norrsken firmographics
Firmographics- Name
- Norrsken
- Legal name
- Norrsken Foundation
- Website
- https://norrsken.org
- Company type
- Private
- Founded year
- 2017
- Operating status
- Operating
- Ownership category
- akta.pro rank
Norrsken industry classification
Industry- Product category
- Impact Entrepreneurship Ecosystem
- akta.pro primary industry
- International Grantmaking & Development Foundations (BPAGAKAH)
- akta.pro secondary industries
- Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure) (FSAAALAG), Impact / ESG Venture Capital (FSANAAAG), Impact Investment & Development Investment Funds (BPADACAO)
Keywords
Where Norrsken is headquartered
LocationHeadquarters
- HQ city
- Stockholm
- HQ country
- Sweden
- HQ region
- Europe
Offices5 records
Markets served
Norrsken business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Infrastructure, Marketing or Sales, Others
Revenue model
- Membership Fees: Norrsken generates revenue through co-working membership fees at its physical Houses. Membership tiers include day passes, flex memberships, fixed member desks, and private offices. The Brussels House offers day passes at 35 EUR with various membership options.
- Investment Fund Management: Norrsken operates five investment funds (Norrsken VC, Norrsken22, Norrsken Launcher, Norrsken Evolve, Norrsken Africa Seed) that invest in impact startups. The foundation earns management fees and carry from these funds.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Pay-as-you-go | Day Pass - Full access to Norrsken House Brussels for one day |
| Subscription | Monthly | Flex Member - Hot-desking with full House access |
| Subscription | Monthly | Fixed Member - Dedicated desk with mailbox and storage |
| Subscription | Monthly | Flex Member Amsterdam - Hot-desking workspace |
| Subscription | Monthly | Private Office Amsterdam - Dedicated team space |
Go-to-market motion3 records
Distribution channels5 records
Marketing channels10 records
Norrsken product offering
Product offeringCore offering
Norrsken Foundation operates a global impact entrepreneurship ecosystem combining five venture capital investment funds with physical co-working community spaces (Norrsken Houses) in five cities across Europe and Africa. The foundation also delivers startup acceleration programs, an annual ranking of impact startups (Norrsken/100), and flagship events like Impact/Week to support founders building companies addressing global challenges in climate, health, and food systems.
Product overview
Norrsken is a global community of founders, funders, thinkers and advocates united by a shared belief in innovation and entrepreneurship as powerful tools for positive change. The organization operates as a platform-plus-ecosystem model, combining five impact investment funds (Norrsken VC, Norrsken Launcher, Norrsken Evolve, Norrsken 22, Norrsken Africa Seed) with physical co-working spaces (Norrsken Houses in Stockholm, Barcelona, Kigali, Brussels, and Amsterdam), signature initiatives (Norrsken/100 ranking, Impact/Week conference, Prompt What Matters AI initiative, Norrsken Mind psychedelic research initiative, Africa Week), and the Norrsken Accelerator program. The funds collectively target different geographies (Europe, Africa) and stages (pre-seed through Series C), while the Houses provide physical community infrastructure and the initiatives drive thought leadership and specific impact focus areas.
Differentiator
Problem solved
Functional benefit
Brands
- Norrsken VC: Europe's leading impact VC fund backing force of nature founders taking on the world's greatest challenges.
- Norrsken Launcher
- Norrsken Evolve
- Norrsken 22
- Norrsken Africa Seed
- Norrsken/100
- Impact/Week
- Prompt What Matters
- Norrsken Mind
Products and services
- Norrsken VC
Quantifiable outcome
- Over $750 million USD raised by Norrsken funds to back impact entrepreneurs
- +3 more outcomes
Companies that use Norrsken
Customer profileNamed customers8 records
Segments4 records
Ideal customer profiles3 records
Norrsken technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Norrsken partnerships and signals
Strategic signalPartnerships
Five partnerships are on record, tiered core and minor.
- MicrosoftcoreMicrosoft partners with Norrsken for the 2024 Norrsken Accelerator and Impact/100. The collaboration enables a new generation of impact unicorns by empowering them with technology and AI. Microsoft provides access to the Entrepreneurship for Positive Impact Program including cloud services, AI tools, mentorship, and networking opportunities for Norrsken Accelerator companies and Impact/100 winners.
- AltorminorAltor, a private equity firm, partners with Norrsken supporting innovative impact entrepreneurs. Altor brings over 20 years of experience helping companies through transformation journeys including digitization, AI, and green transition.
- PwCminorPwC partners with Norrsken reflecting commitment to sustainability and social responsibility. By supporting innovative impact entrepreneurs who address global challenges, they aim to create significant value and drive positive change for a more sustainable future.
- CellcolabsminorNorrsken Foundation is a founding partner in Cellcolabs, a venture focused on dramatically scaling up production of mesenchymal stem cells to make them available at lower cost for wider range of treatments.
- Van Gendt HallencoreNorrsken Amsterdam will open in historic Van Gendt Hallen building, a landmark property partnership for the 25,000 square metre impact startup hub.
Scale indicators9 records
Recent moves7 records
Expansion highlights5 records
Norrsken competitors and assessment
Company assessmentDirect peers
- Echoing Green: Global philanthropic organization that surfaces, seeds, and supports social entrepreneurs via fellowships and a community, offering similar foundation-led, programmatic support for impact founders to Norrsken's ecosystem model.
- Ashoka: Worldwide network of leading social entrepreneurs providing funding, convening, and visibility programs comparable to Norrsken's Norrsken/100 ranking and House-based community support.
- Skoll Foundation: Impact foundation backing social entrepreneurs and connecting them to funders and field builders; mirrors Norrsken's role as a non-profit catalyst combining capital deployment and ecosystem convening.
- Acumen: Non-profit impact investor that deploys patient capital into early-stage companies tackling poverty, paralleling Norrsken's fund-led model of backing founders solving climate, health and food systems challenges.
- Station F: World's largest startup campus offering co-working, programming, and accelerator residencies; comparable to Norrsken Houses as physical innovation hubs anchored by a non-profit operating model.
Broad incumbents
- Y Combinator: Long-established global startup accelerator and fund; comparable to Norrsken's combined Accelerator plus fund stack as a broader incumbent in founder support and capital deployment.
- Techstars: Global accelerator network with corporate partnerships and mentorship; operates in adjacent founder-support and capital deployment space, including as a Norrsken Norrsken/100 nomination partner.
- Plug and Play Tech Center: Global innovation platform with accelerator programs, corporate partnerships and startup matchmaking; comparable breadth of vertical programs and international footprint versus Norrsken's multi-fund and multi-House setup.
Emerging players
- Antler: Global early-stage VC with physical hubs across multiple continents backing founders day-one; comparable geographically distributed ecosystem plus fund model to Norrsken Launcher and Norrsken VC.
- Founders Factory: Operator-led venture builder and accelerator partnering with corporates to build and invest in early-stage startups, similar in operator-investor hybrid structure to Norrsken Launcher and Africa Seed funds.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Norrsken social profiles
Digital presenceNorrsken financial estimates
Financial estimateRevenue estimate
Valuation estimate
Norrsken leadership team
Management profileNumber of profiles
Profiles1 record
Norrsken subsidiaries and ownership
Company hierarchySubsidiaries5 records
Norrsken funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Norrsken M&A and investment
M&A and investmentM&A
Investments1 record
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Norrsken
What does Norrsken do?
Norrsken Foundation operates a global impact entrepreneurship ecosystem combining five venture capital investment funds with physical co-working community spaces (Norrsken Houses) in five cities across Europe and Africa. The foundation also delivers startup acceleration programs, an annual ranking of impact startups (Norrsken/100), and flagship events like Impact/Week to support founders building companies addressing global challenges in climate, health, and food systems.
Is Norrsken a public or private company?
Norrsken is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Norrsken founded?
Norrsken was founded in 2017.
Where is Norrsken based?
Norrsken is headquartered in Stockholm, Sweden, in the Europe region.
How does Norrsken make money?
Two revenue lines are on record. Membership Fees are the primary driver. The others are investment Fund Management.
Who are Norrsken's main competitors?
Direct peers on record are Echoing Green, Ashoka, Skoll Foundation, Acumen and Station F. Broad incumbents are Y Combinator, Techstars and Plug and Play Tech Center. Emerging players are Antler and Founders Factory.
Does Norrsken have an API?
No public API is recorded for Norrsken.
What industry is Norrsken in?
Norrsken's product category is Impact Entrepreneurship Ecosystem. Its primary akta.pro industry code is BPAGAKAH, International Grantmaking & Development Foundations, with a secondary code of FSAAALAG, Sustainable Private Markets (Impact PE/VC, Private Credit, Infrastructure).