Fund profile / Sweden

Norrsken VC Fund II

Geography
Sweden
Stage
Seed
Fund size
€300M
Focus
AI/ML, Climate & Sustainability and EdTech
Signals
Published
Share
N°01 / About

About Norrsken VC Fund II

Norrsken VC Fund II is a venture capital firm based in Sweden, focusing on Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Climate & Sustainability, Digital Education Consumer, providing strategic guidance and capital to help startups scale.

N°02 / Thesis

Investment Focus

Location / RegionSweden
Funding StageSeed
Industry Focus
AI/ML
Climate & Sustainability
EdTech

Investor Signals Profile

active

Sweet Spot

European energy/mobility founders, Germany-first, regulatory excellence

energy transition
European sovereignty
electrification
climate tech
AI-era energy infrastructure
electric aviation
wind tech
autonomous vehicles
Germany-first

Bullish Signals

Active thought leadership on energy transitionexternal
42K+ LinkedIn followers, strong brandexternal
Norrsken VC amplifying Electro Union narrativelinkedin
Media feature on etn. boosts visibilitylinkedin
Frykman quoted on fuel/shipping dependencylinkedin
Norrsken post engagement: 54 likes, activelinkedin
terralayr raising capital, Germany energy playlinkedin
CoS hiring signals firm-building, operational maturitylinkedin
Energy infrastructure for AI era focuslinkedin
Heart Aerospace X1 flight validates electrification thesislinkedin
45K followers, Norrsken platform amplifying portfolio winslinkedin
Vind AI CEO featured 40 Under 40 wind industrylinkedin
Wind tech / renewables portfolio depth strengtheninglinkedin
Einride Level 4 autonomous truck, Lidl Germany opslinkedin
Germany KBA approval validates regulatory execution thesislinkedin
Portfolio company commercial deployment at scale prooflinkedin

Contrarian Signals

Narrow European energy focusexternal
Demanding operational culture may limit founder poollinkedin

Founder Do's

Build for European energy independence
Focus on electrification infrastructure
Frame pitch around European energy sovereignty
Reference fuel import dependency in pitch
Highlight supply chain / shipping route risks
Position for Germany as pivotal market
Emphasize AI-native energy infrastructure approach
Demo commercial-scale pilot or prototype
Show unconventional thinking + operational rigor
Leverage Germany's strict regulatory approval as moat

Founder Don'ts

Avoid non-European market focus
Don't ignore geopolitical energy risk angle
Skip operational rigor in execution

33 signals on Norrsken VC Fund II

16 bullish · 2 contrarian · 10 pitch do's · 3 don'ts · 2 GP profiles, each with its source. From €9/month, cancel anytime.

Facts

Fund Overview

Fund Size€300M
Saves0
People

Key People

Agate Freimane, Niklas Adalberth, Tove Larsson

David FrykmanPartner
Philipp ManFounder/Operating Partner
Backers

Known LPs

KfW CapitalPublic / State institution
N°04 / See also

Related Funds

Navisalma

Fund size€450
Location
Sweden
Stage
Seed
Focus
Seed

Course Corrected (II)

Fund size€63M
Location
Sweden
Stage
Pre Seed
Focus
Climate Sustainability, Ai Ml, Mobility Transport
Manager
Christine Ahlstrand, Katja Bergman
Pre Seed
Climate Sustainability
Ai Ml
Mobility Transport

Verdane Idun II

Fund size€700M
Location
Sweden
Stage
Series A
Focus
Climate Sustainability
Manager
Carl Nauckhoff
Series A
Climate Sustainability