About Norrsken Evolve
Norrsken Evolve is a venture capital firm founded in 2021. It is primarily based out of Stockholm, Sweden. As of Aug 2026, Norrsken Evolve is an active investor, having invested in 89 companies, with 8 new investments in the last 12 months. It primarily invests in Seed round in Sweden based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Food and Agriculture Tech and High Tech. Most recently it participated in the $***** Seed round of Motion1 A lot of funds co-invest with Norrsken Evolve, with names like Voltron Capital sharing a substantial percentage of its portfolio. Norrsken Evolve has team of 15 people including 7 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed
Norrsken Evolve's List of Top Investments
Norrsken Evolve has a portfolio of 89 companies. Their most notable investments are in Languify and Kavaken.Their portfolio spans across Sweden, United States, Nigeria and 22 more locations. They have invested in Enterprise Applications, Food and Agriculture Tech, High Tech and 27 other sectors, across stages such as Seed stage. Here is the list of top investments by Norrsken Evolve:1. Languify
Provider of AI-driven language assessment platform. Its offerings include an online platform that conducts multilingual proficiency tests in English, German, French, Spanish, and Italian, and provides automated, detailed feedback on speech content, pronunciation, and fluency. It also offers AI-powered mock interview simulations with scenario-based questions for fields like tech and business, along with an analytics dashboard for performance and progress tracking. It uses conversational AI, NLP-based analysis of content and delivery, customizable test generation, and cloud-hosted scoring tools to provide scalable, data-driven assessments.
Key facts about Languify
- Founded Year: 2021
- Location: Bengaluru (India)
- Annual Revenue: 0 - ₹10 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Seed
- Total Funding till date: $339K
- Employee Count: 20 as on Aug 31, 2026
- Investors: Smile Group, Titan Capital and 21 Others
- Latest Funding Round: Seed, Sep 09, 2023, $*****
2. Spoor
Provider of cloud and AI-driven biodiversity monitoring solutions. It has developed AI-powered software for bird monitoring on wind farms. It uses machine vision for monitoring, managing, and reporting environmental impacts.
Key facts about Spoor
- Founded Year: 2020
- Location: Oslo (Norway)
- Stage: Series A
- Total Funding till date: $13.4M
- Employee Count: 48 as on Aug 31, 2026
- Investors: SET Ventures, EnBW New Ventures and 12 Others
- Latest Funding Round: Series A, Dec 11, 2025, $*****
Crowdfunding platform for agricultural sectors. It enables users to own and manage the farms on their devices. It offers crowd farmers packages and freeholder farmers packages. The crowd farmer package enables the users to farm with other users in a designated area without providing any land or input. The crowd farmers invest for a planting season and earn the return on investment. The company manages the farm operations and the farm progress is updated to the users on their dashboards.
Key facts about Complete Farmer
4. Basys.ai
Provider of SaaS-based platform for clinical decision-making for doctors at hospitals. It offers an AI-based platform to track, predict, and provide treatments to improve metabolic health outcomes.
Key facts about Basys.ai
- Founded Year: 2022
- Location: Cambridge (United States)
- Stage: Seed
- Total Funding till date: $2.4M
- Employee Count: 20 as on Aug 31, 2026
- Investors: Lilly, Mayo Clinic and 8 Others
- Latest Funding Round: Seed, Jul 24, 2023, $*****
Norrsken Evolve's Year-on-Year Investment Trends
Norrsken Evolve has invested in 89 companies over the last 4 years, with an average of 9 new investments annually in the last 3 years. In 2025, it made 15 investments, while as of Aug 2026, it has made 9 investments in this year. Its most recent first time investment was in Motion1 and most recent follow-on round was in New Dawn Bio.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 7 | 2 | 9 |
2025 | 13 | 2 | 15 |
2024 | 6 | 0 | 6 |
2023 | 7 | 0 | 7 |
2022 | 1 | 0 | 1 |
Norrsken Evolve's Investments by Stage
Norrsken Evolve has made 35 investments in Seed stage with an average round size of $1.62M.Norrsken Evolve's Investments by Sector
Norrsken Evolve has a diverse portfolio, with companies operating in the Enterprise Applications, Sustainability Tech, Energy Tech, Environment Tech and High Tech. Notably, it has invested in 77 Tech companies, 61 Enterprise (B2B) companies, 43 Software companies and at least 23 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 16 |
Sustainability Tech | 12 |
Energy Tech | 7 |
Environment Tech | 7 |
High Tech | 7 |
Others | 43 |
Note: We have considered here, only first round of investments
Norrsken Evolve's Investments by Geography
Norrsken Evolve has made most investments in Sweden (8), followed by United Kingdom where it has made 5 investments.Country | No. of Investments |
|---|---|
Sweden | 8 |
United Kingdom | 5 |
Germany | 2 |
Kenya | 2 |
Nigeria | 2 |
Others | 15 |
Note: We have considered here, only first round of investments
Norrsken Evolve's recent investments
Norrsken Evolve has made 9 investments in 2026 so far. Motion1 and Volvetech are the latest among them.Here are the most recent investments by Norrsken Evolve:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 27, 2026 | Belgium | Seed | 5611 | ||
Aug 25, 2026 | - | Seed | 3685 | [+4] | |
Aug 20, 2026 | Sweden | Seed | 2457 | [+4] | |
Aug 20, 2026 | Denmark | Seed | 4060 | [+3] | |
Jun 04, 2026 | Netherlands | Seed | 6753 | [+1] |
Team profile of Norrsken Evolve
Norrsken Evolve has a team of 15 members including 7 Partners and 1 Principal located in Sweden, Netherlands and 2 more locations. Norrsken Evolve's team does not sit on the board of any company as of now.Here is a list of top team members in Norrsken Evolve:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Sweden | - | ||
Partner | Amsterdam | - | ||
Partner | Sweden | - | ||
Partner | Menlo Park | - | - | |
Partner | Sweden | - | ||
Partner | Sweden | - | - | |
Partner | Stockholm | - | - | |
Partner | Stockholm | - | ||
Partner | London | - | - | |
Principal | Amsterdam | - | - |
Co-investors of Norrsken Evolve
Over the past 4 years, 154 investors have co-invested in Norrsken Evolve's portfolio companies. This includes funds and angels.
- Invested before Norrsken Evolve: Titan Capital, Alsisar Impact and 34 others have invested in rounds before Norrsken Evolve. There is 1 company where Titan Capital has invested before Norrsken Evolve and 1 company where Alsisar Impact has invested before Norrsken Evolve.
- Top Co-investors of Norrsken Evolve: 88 investors entered a company along with Norrsken Evolve. These include investors like Voltron Capital (2 companies).
- Invested after Norrsken Evolve: A total of 30 investors have invested in Norrsken Evolve's portfolio after their investments. Top Investors include Superorganism (1 company), Futurum Ventures (1 company) and Nysno (1 company).
Recent News related to Norrsken Evolve
•
Motion raises $2 million for humanoid robot services in European factoriesRobotics and Automation News•Aug 27, 2026•Extantia, Norrsken Evolve
•
Norrsken Evolve Secures €62 Million Fund to Boost Dutch Pre-Seed EcosystemEU-Startups•Jul 15, 2026•Norrsken Evolve
•
Dutch startup New Dawn Bio raises €2.1M for cultured wood technologyTech Funding News•Jun 04, 2026•CapitalT, New Dawn Bio, Norrsken Evolve
•
Bubble Robotics raises $5 million to build ‘the ocean’s autonomous workforce’Robotics and Automation News•Apr 21, 2026•Bubble Robotics, Norrsken Evolve, Episode 1 Ventures, Asterion
•
Swedish AI Startup Berget AI Secures €2.1 M FundingStartup Rise EU•Feb 03, 2026•Berget, Norrsken Evolve, Wellstreet, Luminar Ventures
•
TetraxAI closes a pre-seed round of 1.2 million euros led by The Footprint FirmEl Referente•Jan 29, 2026•Norrsken Evolve, Tetrax, Carbon13, NeoTec Manufacturing
•
FION Energy secures €1.4 million pre-seed funding for KI-optimized battery systems, led by HTGF and Norrskenmajunke.com•Dec 10, 2025•Fion Energy, Norrsken Foundation, Housing Trust Group, Norrsken Evolve and 1 other
•
German healthtech Aiomics secures €2M to speed up medical documentation with AI platformTech Funding News•Sep 04, 2025•Norrsken Evolve, Vorwerk-Group, Calm/Storm, Rule30
•
London-based RYE Raises €1M To Help Hospitality And Retail Monetise Energy DemandStartup Rise EU•Sep 04, 2025•Norrsken Evolve, January Ventures, CapitalT, Rye Energy
