Norrsken Foundation

Why Norrsken founder Niklas Adalberth is betting on Africa

In 2016, Niklas Adalberth, co-founder of Klarna, exited the buy now, pay later giant to establish the Norrsken Foundation, a nonprofit organization grounded in the principles of effective altruism. Wh

Klarna founder to launch new ‘Nobel Prize for Impact’

According to BCG global assets under management are around $100 trillion, but only $715 billion, or less than 1%, goes on what you might term “impact” companies or projects to tackle the w

Norrsken, VCs and 30 unicorn founders set up $200M fund to back growth-stage startups in Africa

Niklas Adalberth’s Norrsken Foundation is in the news again barely two months after opening its Norrsken House in Kigali, Rwanda, which plans to accommodate thousands of entrepreneurs by next year.

Norrsken Foundation’s hub opens in Rwanda, to house 1,000 entrepreneurs by next year

In 2019, Swedish coworking space and investment fund Norrsken Foundation announced the launch of its first entrepreneurship hub outside the Scandinavian nation in Rwanda. The center, located in Kigali

Norrsken Foundation is closing on an oversubscribed impact venture fund at €125 million

About four years ago, social impact organization Norrsken Foundation launched a small program investing around €30 million in capital it had received from its wealthy patron, Klarna co-founder Nikla

ClimateView raises $2.5 million for its toolkit to visualize climate mitigation plans

ClimateView, a Swedish software development company working on monitoring and visualization tools for greenhouse gas emissions, said it has raised $2.5 million in its latest round of financing. While

Autonomous trucking startup Einride eyes US market with $25 million in new funding

Einride, the Swedish autonomous vehicle startup known for its futuristic pods designed to haul freight, has raised $25 million in a Series A round that will be used to fund its expansion into the Unit

Africa Roundup: Yamaha backs MAX, Founders Factory and Norrsken support startups, inside Ethiopia’s tech scene

Competition in Africa’s two-wheel ride-hail market is accelerating. Nigerian motorcycle transit startup MAX.ng was the latest startup to add funding, raising a $7 million funding round in June w

Norrsken opens East Africa startup fund and hub in Kigali

Startups in East Africa have a new source for investment and mentorship. Sweden’s Norrsken Foundation — a co-working space and investment fund based in Stockholm — opened its tech fund and e

With Norrsken House, ex-Klarna executive envisions a global network of co-working spaces focused on impact

Niklas Adalberth launched the Norrsken Foundation in 2016 with about $20 million of his own money. By early 2017, the first fruits of that funding took shape with the opening of Norrsken House, a co-w