A non-profit organization focused on supporting entrepreneurs and startups in Africa through funding and resources.
Next Wave: Money is coming back to African startups; we need a better story to make it stay
The first half of 2025 has shown a collective sigh of relief for stakeholders in Africa's technology landscape due to a rebound in startup fundraising. There is a growing consensus among investors that the narratives driving investment in African startups need to evolve.
Why Norrsken founder Niklas Adalberth is betting on Africa
Niklas Adalberth, co-founder of Klarna, exited the company in 2016 to establish the Norrsken Foundation. The Norrsken Foundation has evolved into a multifaceted entity, including a venture capital firm and multiple impact-driven co-working spaces and foundation hubs globally.
This Swedish non-profit has big dreams for tech startups in Kigali
Sweden's Norrsken Foundation has invested $20 million in Norrsken House Kigali, Rwanda's first impact unicorn. The foundation hopes to make Kigali a nerve center for African technology companies and plans to set up similar hubs in other countries if successful.
