Sweden-based VC firm Norrsken Evolve has increased the size of its pre-seed fund to €62 million, up from the €57 million announced in August 2025.
- Launched by Alex Bakir, Johan Attby, Funda Sezgi and Rebecka Löthman Rydå, Norrsken Evolve backs early-stage European startups tackling environmental, industrial, and societal challenges.
- The firm offers initial investments of €250,000–€500,000, alongside an in-person acceleration programme and access to a network of entrepreneurs, investors, and industry operators.
- With the additional capital, Norrsken Evolve will continue investing across robotics, energy, semiconductors, advanced materials, cybersecurity, AI, quantum computing, and health tech, aiming to support a more sustainable and resilient Europe.
- The firm has already backed more than 30 companies, including Aiomics, Atmospheric AI, Bubble Robotics, and Chain Bioreactor.
- The fund attracted backing from the European Investment Fund (EIF), Saminvest, SmartCap, Volvo Group, Fortum Innovation & Venturing, Skaala, Jula, as well as entrepreneurs and business operators.
