Norrsken22 Fund
Africa
Region
106.4
Commitment (MNOK)
Active
Status
Norrsken22 Fund is a locally based VC fund focusing on tech-enabled companies mostly in Nigeria, Ghana, Kenya and South Africa. The fund will enter as an active minority shareholder and take part in Series A to C, plus some seed funding.
Key information
- Sector:
- SME Funds
- Commitment (MNOK):
- 106.4
- Year:
- 2023
- Region:
- Africa
- Country:
- Regional
- Domicile:
- Sweden
- Instrument:
- Funds
- Status:
- Active
- Mandate:
- Development
Additionality Norrsken22 Fund
This investment is particularly additional on the following ambitions:
- investing in the most capital constrained markets
- investing in risky markets
- investing in sectors with high development needs
- investing in high risk markets
- Investing in high risk instruments
- mobilising private investors
- taking an active role in investments
