Norrsken22

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Norrsken22 is a tech growth fund, backed by an international network of tech founders, partnering with exceptional entrepreneurs in scaling disruptive businesses.

Use: R&D; Go2Market;
Date closing: -
Amount: -
Industry focus: ICT; Others;
Total budget: 200M €
Entity type: Venture Capital
Vertical focus: FinTech, market enablement, medtech, edtech
Website: https://www.norrsken22.com/

Status:
Open
Funding type: Grant; Equity investment;
Geographic focus: Africa; Ghana; Kenya; Nigeria;
Public/Private: Private
Stage focus:
Applicant target: Startup;

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Overview

Norrsken22 provides growth capital and deep strategic value to founders in Africa, while positioning them for international expansion and impact. The firm believes every investment is a partnership and value-creation goes far beyond just capital.

The foundation has teamed up with thirty unicorn founders and a couple of seasoned venture capital and private equity investors to launch a $200 million fund targeted at African startups, and have named the fund as Norrsken22 African Tech Growth Fund.

They invest across Africa, but focus on the main tech hubs in Nigeria, Kenya, South Africa and Ghana. Norrsken22 team is fully ingrained in these markets and their local presence is crucial in understanding opportunities and identifying the best solutions.

They back relevant, disruptive, scalable and tech-enabled business models, focused on these four sectors: FinTech, market enablement, medtech, edtech.

Their latest fund launched on December 2023 has raised €100M to back 10 cleantech startups.

Applicants willing to get in touch with the firm can contact them via email at [email protected]

Last update: April 18, 2022

Last updated on 2023-12-22 12:39