It is time for Europe to step-up, that’s why we’re here.
Our continent is teetering on the brink of environmental, geo-political and financial crisis.
But, we have the science, innovation and talent base to create and supercharge the next wave of global technology leaders. We have investors demanding technology that solves real problems. Our policy leaders are committed to freedom, democracy, sustainability and equal rights.
Most importantly, we have a generation of founders who understand the severity of the challenges we face - and who are determined to leave a positive mark on the world around them.
And that’s why we’re here - it is time to turn crisis into opportunity. We support Europe’s leading early-stage founders as they build the future we can all believe in.
We back the founders building
Europe's resilient and sustainable future
Norrsken Evolve is a pre-seed fund providing capital, world-class in-person programming, and an outstanding network, to accelerate the founders who are building Europe’s future.
We invest in founders and visionaries who will redefine how we generate energy, rebuild manufacturing, move goods, construct buildings, produce food, treat our sick, secure our information, protect democracy, and safeguard our societies from climate disruption.
Europe stands at a defining moment. In the face of unprecedented risks, our economies, industries, and ways of living, must evolve. The founders we back will lead this evolution.
We support early-stage founders with capital, a world-class in-person sprint, and a network designed to amplify growth.
We can invest at any time. We are happy to lead, and typically target 5% ownership if we do. We also co-invest with other VC's and can join on-going rounds with different terms.
We can and will follow on. We use a transparent system for follow-on investments - increase your valuation by 50%, with a material financing round led by a recognized investor, and we will take our pro-rata.
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We are a team of founders and operators and have designed the program that we always wanted, but couldn’t find. We believe - strongly - in the bonds and relationships that can only be formed in-person. That's why every founder we invest in joins our in-person program, where guidance from our team, alongside the world's most prominent founders, investors and operators provide the personal and professional growth needed to scale fast. And it works. We have the highest founder Net Promoter Score (NPS) in the industry.
Our founders get to pitch on stage at the annual Norrsken Impact/Week in Barcelona in front of hundreds of Europe's top investors.
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Our advisors have built and scaled companies from nothing to unicorns. Our diverse team of founders, operators and investors spend significant time with each startup we invite to the Norrsken Evolve sprint.
Our network includes some of the world’s most prominent tech and impact investors. We’ll help with introductions throughout the program, and you'll meet hundreds of them in person at Norrsken Impact/Week. 75% of our portfolio companies have gone on to receive follow-on funding from leading investors.
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We primarily support founders from Europe (EU27, EU Candidate Counties and the UK) We will support a handful of high-potential companies outside Europe.
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What you'll get out of it
Every founder we invest in joins our in-person program, where mentorship from the world's most prominent founders, investors and operators provide the personal and professional growth needed to scale fast.
It works. We have the highest founder Net Promoter Score (NPS) in the industry. But don't take our word for it - here are some testimonials from our portfolio.
Our financing is made possible through the financial backing of the Swedish Government-owned company Saminvest AB, alongside support provided by the European Investment Fund (EIF), with the financial backing of the European Union under InvestEU