US EditionSweden's Norrsken Commits €300M to Support European Startups Using AI for Global Good - Silicon Canals
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Sweden's Norrsken commits €300M to support European startups using AI for global good - Silicon Canals
Stockholm-based Norrsken Foundation, a non-profit foundation, has announced it will commit €300M to invest in European startups using “AI for good.” The funding is drawn from the collective liquidity pool of Norrsken VC, Accelerator, and Launcher. The capital will be used toward companies leveraging AI to address urgent global challenges across climate, health, food systems, education, and societal infrastructure. Norrsken Partners’ open letter …
The Swedish fund Norrsken VC is looping a second over-subscribed vehicle of 300 million euros, with the stated ambition to bring out a new generation of "unicorns impact" in Europe. A strong signal for early-stage investment at impact, which seems to be entering a new phase of industrialisation. Founded in Stockholm, Norrsken VC continues its upward trajectory, three years after ... The article Norrsken VC raises 300 million euros to industriali…
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