Norrsken Evolve

Profile

Norrsken Evolve is a venture capital firm based in Sweden, founded by Alex Bakir, Johan Attby, Funda Sezgi, and Rebecka Löthman Rydå. The firm focuses on early-stage investments and features a unique in-person acceleration program. With a team comprised of founders and operators, Norrsken Evolve is dedicated to supporting entrepreneurs committed to addressing Europe's environmental, industrial, and societal challenges. They aim to create a sustainable and resilient future by investing in technology-driven solutions.

Norrsken Evolve invests in sectors like energy, mobility and transport, built environment, industrial decarbonization, food and agriculture, and cybersecurity. They provide initial capital of €250,000 to €500,000 and extend follow-on investments for standout companies. Their geographical focus is predominantly Europe, with occasional investments outside the continent. The firm manages a portfolio built on fostering innovation in sustainability and resilience across various industries.

In their notable portfolio, Norrsken Evolve has backed companies such as Aiomics, Atmospheric AI, Bubble Robotics, Chain Bioreactor, and more. These companies represent a diverse array of fields including AI, robotics, industrial advancements, and biotechnology, all contributing towards a greener and more sustainable Europe.