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Norrsken Accelerator

Stockholm impact accelerator, now Norrsken Evolve, writing EUR 250–500k pre-seed cheques; backed Furbnow and Kavaken

  • Venture capital
Type
Venture capital
Based in
Outside the UK
Stages
Pre-seed, Seed
Sector focus
Climate & Energy, Deeptech, Healthtech, Cybersecurity, Food & Agritech, Mobility
Cheque size
EUR 250k–500k initial
Fund size
Undisclosed
Founded
2021

Norrsken Accelerator was the Norrsken Foundation's impact programme for pre-seed and early-seed founders, launched in 2021 and run from Stockholm. It historically invested USD 125,000 for 7 per cent via a post-money SAFE alongside an eight-week in-person sprint. In 2025 it was renamed Norrsken Evolve and now operates as a pre-seed and early-stage venture investor for European founders, making initial equity investments of EUR 250,000 to 500,000, typically targeting around 5 per cent when leading, with follow-on capacity. Its themes are the carbon-free economy, critical infrastructure and the future of Europe. UK participants include Birmingham home-retrofit company Furbnow and wind-analytics firm Kavaken.

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