Deeptech venture-builder arm of the Norrsken ecosystem (founded by Klarna co-founder Niklas Adalberth). Closed oversubscribed at €80M hard cap. Makes 2-3 concentrated, hands-on investments per year in science-heavy companies. Added Saminvest (Swedish state-backed) as first institutional LP. Focus on energy, climate, industrial and materials innovation. Fund I portfolio includes Blykalla (SMRs), Grale, Renasens.

Location

🌍 Sweden

Numbers

Total Funding Raised by Alumni

€80M