FinTech news in niklas adalberth category

The Norrsken Foundation runs Norrsken House in Sweden, a hub for impact entrepreneurs, and incubated Norrsken VC, a $130 million impact VC. The companies that will make it to the final 100 (announced this month) will be nominated by several partner organizations, including the Obama Foundation, SoftBank Investment Advisers, World Fund, Katapult, BMW Foundation, Leaps by Bayer, Summa Equity and several others. The Impact 100 will be judged by a panel including Adalberth, as well as Ulrika Modéer, UN Assistant Secretary General; Matt Miller, partner Sequoia; and Carl Manneh, co-founder Mojang. Niklas Adalberth co-founded Klarna in 2005 but left in 2015 and established the Norrsken Foundation in 2016, contributing $20 million to the launch and an additional $62 million in 2017.

The firm, with offices in the countries above, is the latest big-sized Africa-focused VC fund that includes the likes of TLcom Capital which recently closed nearly half of its new $150 million fund; Novastar Ventures, a $200 million fund; and Partech Ventures, a $143 million fund.