Norrsken Foundation

Norrsken Foundation serves as a catalyst for impact-driven entrepreneurship, providing essential resources to founders who aim to create profitable businesses that address global challenges. Established in 2016 by Klarna co-founder Niklas Adalberth, this non-profit, secular, and politically neutral organization has developed a comprehensive ecosystem to support mission-driven startups. The foundation's philosophy centers on the belief that entrepreneurship and innovation can be powerful forces for positive global change when properly supported and directed.

At the heart of Norrsken's operations are its award-winning innovation hubs strategically located across multiple continents. These Norrsken House facilities in Stockholm, Barcelona, Kigali, and Brussels serve as collaborative workspaces and community centers where impact entrepreneurs can connect, grow, and develop their ventures. Each hub is designed to foster cross-pollination of ideas and provide founders with the infrastructure needed to scale their solutions to pressing global problems, creating a unique international network of impact innovation centers.

The foundation has established itself as a significant force in impact investing, having incubated five specialized venture capital funds that collectively manage nearly $1 billion in assets. These funds have built a diverse portfolio exceeding 100 companies, all selected for their potential to deliver both financial returns and meaningful social or environmental impact. Norrsken's investment approach demonstrates its commitment to proving that profit and purpose can be complementary rather than competing objectives, helping to mainstream impact investing within the broader venture capital ecosystem.

Beyond physical spaces and capital, Norrsken operates the Norrsken Accelerator, widely recognized as a premier global program for early-stage impact startups. This intensive program provides promising entrepreneurs with mentorship, business development support, and access to Norrsken's extensive network of investors, industry experts, and fellow founders. By combining these various elements—community spaces, acceleration programs, and investment vehicles—Norrsken has created a comprehensive support system that addresses the unique challenges faced by entrepreneurs working to build profitable businesses that contribute to solving the world's most pressing problems.