Venture capital firm

Norrsken22 Management AB

Compiled from public sources

Norrsken22 is a pan-African firm that focuses on growth-stage technology investments. Launched in January 2022, the firm was established by the Norrsken Foundation in partnership with a consortium of more than 30 unicorn founders and seasoned private equity investors. The firm’s investment strategy targets "tech giants" in Africa that have demonstrated a strong product-market fit and are seeking a partner to facilitate expansion across regional borders or deeper within existing markets. Headquartered in Johannesburg, South Africa, and with a management entity domiciled in Sweden, Norrsken22 operates with teams on the ground in the continent’s major tech hubs, including Lagos, Nairobi, and Accra. The firm’s name is derived from the 22nd meridian, which runs through both Sweden and the centre of Africa. Structurally, the firm is an impact-conscious investor that reinvests a portion of its carried interest in the African venture ecosystem through the Norrsken Foundation.