Norrsken Evolve plants roots in Amsterdam after €62M fund close
Norrsken Evolve, the European pre-seed fund investing in founders tackling climate, health and resilience challenges, is formalising its Amsterdam presence by taking up base at Norrsken House Amsterda... The European pre-seed investor will operate from Norrsken House Amsterdam, strengthening its support for founders building climate, health, AI infrastructure and industrial technologies. VC Fund Norrsken Evolve plants roots in Amsterdam after €62M fund close The European pre-seed investor will operate from Norrsken House Amsterdam, strengthening its support for founders building climate, health, AI infrastructure and industrial technologies.
Key Takeaways
- The fund closed at €62 million after oversubscribing its initial €40 million target.
Norrsken Evolve encompasses a pre-seed fund, an in-person sprint programme, and a global community for founders building Europe's resilient and sustainable future.
- The endeavour is led by General Partners Johan Attby, Alex Bakir and Rebecka Löthman Rydå, and backed by the European Investment Fund, Saminvest, SmartCap Green Fund and Skaala, the investment firm of Taavet Hinrikus and Sten Tamkivi.
75 per cent of its portfolio companies have gone on to raise follow-on funding from leading investors.
- " Norrsken Evolve has made two Dutch investments to date.
The fund co-invested in Spiral Hydrogen, an Estonian-founded team building green hydrogen infrastructure at the Port of Rotterdam.
- "Dutch LPs told us we invest too early," said Bakir.
"Every piece of analysis on the Dutch ecosystem says early-stage capital is the critical gap.
- What would you like us to deliver to you?
Stats & Key Facts
- #The fund closed at €62 million after oversubscribing its initial €40 million target.
- #Norrsken Evolve is part of the Norrsken Foundation ecosystem, founded in 2016 by Klarna co-founder Niklas Adalberth, which today manages nearly $1 billion across five investment funds and operates Norrsken Houses in Stockholm, Barcelona, Brussels, Kigali and Amsterdam.
- #75 per cent of its portfolio companies have gone on to raise follow-on funding from leading investors.
- #A third Dutch investment is expected to close before the end of 2026.
The European pre-seed investor will operate from Norrsken House Amsterdam, strengthening its support for founders building climate, health, AI infrastructure and industrial technologies. VC Fund Norrsken Evolve plants roots in Amsterdam after €62M fund close The European pre-seed investor will operate from Norrsken House Amsterdam, strengthening its support for founders building climate, health, AI infrastructure and industrial technologies. Cate Lawrence 1 hour ago Share Share Send email Copy link Norrsken Evolve , the European pre-seed fund investing in founders tackling climate, health and resilience challenges, is formalising its Amsterdam presence by taking up base at Norrsken House Amsterdam.
The fund closed at €62 million after oversubscribing its initial €40 million target. Norrsken Evolve is part of the Norrsken Foundation ecosystem, founded in 2016 by Klarna co-founder Niklas Adalberth, which today manages nearly $1 billion across five investment funds and operates Norrsken Houses in Stockholm, Barcelona, Brussels, Kigali and Amsterdam. Norrsken Evolve encompasses a pre-seed fund, an in-person sprint programme, and a global community for founders building Europe's resilient and sustainable future.
The fund invests up to €500K in each company and backs 20 to 30 startups per year across renewable energy, health tech, robotics, AI infrastructure, biotech and next-generation materials. The endeavour is led by General Partners Johan Attby, Alex Bakir and Rebecka Löthman Rydå, and backed by the European Investment Fund, Saminvest, SmartCap Green Fund and Skaala, the investment firm of Taavet Hinrikus and Sten Tamkivi. 75 per cent of its portfolio companies have gone on to raise follow-on funding from leading investors.
For more details please read the original article at Tech.eu.
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