Norrsken VC

Beans is on a mission to help the planet by reducing food waste, saving products, and offering them through an online grocery platform at discounted prices.

Kapu operates as a B2C Ecommerce start-up.

1KOMMA5 ° offers all owners of electric vehicles free electricity, which they refinance through trading with so-called GHG quotas. 1KOMMA5 ° encourages a self-determined and CO2-neutral lifestyle. It combines craftsmanship and high technology to always deliver the cheapest and cleanest energy whether photovoltaics, energy storage, heat pumps, or electric car charging stations.

Spot My Energy increases the value of smart power by increasing transparency in energy flows and handling metering, asset optimization, and trading.

Predium is a developer of a management platform tailored for real estate owners, enabling them to measure, manage, and communicate their environmental, social, and governance (ESG) performance. The platform addresses the challenges faced by building owners, portfolio holders, developers, and investors, who often struggle with fragmented data on energy consumption, CO2 emissions, and climate risks. By automating data collection and providing a centralized dashboard, Predium allows users to monitor portfolio-wide ESG metrics effectively. Additionally, the platform helps identify and prioritize renovation opportunities while highlighting available subsidies and financial incentives. Ultimately, Predium supports the real estate industry in enhancing sustainability and profitability through informed long-term action planning.

Juna.ai is a platform focused on enhancing the content creation process through the use of AI-powered tools. It offers an AI Prompt Generator designed to help users generate prompts for various content types, including blogs, social media posts, and creative writing. This tool aims to boost productivity by overcoming creative blocks and streamlining the brainstorming phase.

terralayr uses software to collect energy grid-scale storage, which will be required as we strive to make renewable energy more efficient and lucrative. The cloud-based software platform provides energy flexibility "as-a-service" to various customer groups, including power producers, grid operators, and large power consumers like data centers. Terralayr develops and manages its own battery storage assets, currently operating one asset, with several under construction and a development pipeline exceeding 5GW in Germany.

Aerleum specializes in developing innovative environmental technology that focuses on reducing greenhouse gas emissions. The company has created a system that captures and converts carbon dioxide into clean fuels and chemical products, providing a sustainable alternative to fossil-based materials. This technology supports the establishment of a circular economy by enabling businesses to implement large-scale solutions that are both economically viable and impactful in the fight against global warming. Through its efforts, Aerleum aims to facilitate a significant transformation in how industries manage their carbon footprint while contributing to a more sustainable future.

Submer specializes in advanced immersion cooling technology for the data center industry, offering an innovative solution that enhances energy efficiency and space utilization. By submerging servers in a proprietary dielectric fluid, Submer's system significantly outperforms traditional air cooling methods, providing much higher cooling capacity while reducing power consumption by 50%. This technology not only ensures reliable performance but also minimizes the physical footprint required for data centers, saving 85% of real estate compared to conventional setups. The flexibility of Submer's cooling systems allows for installation in diverse environments, eliminating the need for costly infrastructure.

Vind AI plans and designs wind project software that minimizes wake losses and improves energy production and efficiency.

The intelligence layer for modern business energy

Evroc specializes in next-generation cloud services aimed at creating a secure, sovereign, and sustainable hyperscale cloud infrastructure in Europe. The company offers a comprehensive suite of cloud solutions, including computation, storage, networking, application integration, and developer tools. By hosting data on servers located within the European Union, Evroc ensures that its clients benefit from secure data storage, which is protected from access by foreign authorities without European court orders. This focus on security and compliance positions Evroc as a key player in reimagining Europe's digital future.

Alcemy is a startup focused on decarbonizing the cement and concrete industry through the development of predictive analysis software. This software aids manufacturers by providing accurate quality predictions for mixtures and their ingredients prior to product shipment. By doing so, Alcemy helps companies address fluctuations in limestone and cement, ensuring consistent product quality and supporting sustainability efforts in construction materials.

Syre is a textile impact company that focuses on hyperscale textile-to-textile recycling, beginning with polyester.

Terra Labs develops software using satellite data and AI for monitoring and analyzing land and related activities from a spatial viewpoint.

Cellcolabs is a biotechnology company focused on the production of mesenchymal stromal cells for both research and clinical applications. The company aims to revolutionize healthcare by providing high-quality stem cells through industrial-grade production processes. By making these cells available at scale, Cellcolabs enables healthcare providers to enhance stem cell research and develop future treatments for various diseases. Their commitment to quality and accessibility positions them as a key player in the advancement of cell therapies.

Startbutton is a transaction gateway platform that facilitates payment processing for businesses operating in multiple African countries. By offering services such as tax compliance, local currency support, and vendor payouts, Startbutton helps organizations navigate the complexities of local regulations and payment methods. This enables businesses to concentrate on enhancing productivity and expanding their market potential without being burdened by overheads related to payment processing. Through its solutions, Startbutton aims to empower companies to sell their products and services more effectively across the continent.

Forefront of Flexibility

Heart Aerospace AB, founded in 2018 and headquartered in Gothenburg, Sweden, with an additional location in Palo Alto, California, focuses on developing an electric regional airliner aimed at enhancing sustainable transportation for regional travel. The company's flagship aircraft, the ES-19, is designed to accommodate nineteen passengers and boasts an operational range of 400 kilometers. Heart Aerospace seeks to significantly reduce fuel and maintenance costs compared to traditional aircraft while achieving zero operational emissions. The innovative design allows for a low infrastructural footprint, facilitating the use of small airports located near city centers. Heart's objective is to secure certification for the ES-19 for commercial operations by 2026, aligning with its mission to provide affordable and environmentally friendly travel options across the globe.

CEEZER is a digital platform that facilitates access to high-quality projects within the voluntary carbon market, offering companies a straightforward and secure way to manage their carbon credit portfolios. By leveraging over 3.5 million data points, CEEZER enhances transparency in the carbon market, allowing users to evaluate project quality, risk, and impact. The platform connects businesses directly with project developers, eliminating intermediaries and associated fees, which streamlines transactions. CEEZER serves leading corporations and global enterprises, enabling them to implement effective climate actions and seamlessly offset their unavoidable emissions.

Sunsave operates a subscription-based platform designed to assist households in managing their energy expenses through solar battery systems. The platform provides customers with a comprehensive solar battery solution, ensuring hassle-free installation and facilitating energy bill savings. By promoting the use of renewable energy, Sunsave enables users to contribute to a greener environment while taking control of their energy consumption.

Boldr is a company focused on enhancing energy efficiency in homes by connecting residences to the energy grid and reducing overall energy consumption. It retrofits home heating and cooling systems with a variety of affordable, easy-to-install energy-saving products. These innovations are supported by a comprehensive energy management platform that allows users to control appliances via smartphones, ultimately aiming to lower electric bills and promote sustainability. Boldr's offerings are designed to provide consumers with accessible solutions for improved energy efficiency in their everyday lives.

Granular Energy operates a clean energy marketplace system that facilitates the management and trading of clean energy. The platform provides a comprehensive suite of features, including certificate management, an assessment tool, registry onboarding, and portfolio and risk management. Additionally, it offers carbon accounting and compliance tools designed to support utilities, energy consumers, and generators in effectively sourcing clean energy. Through these services, Granular Energy enables businesses to navigate the complexities of the energy market and generate new price signals, positioning itself as a forward-looking solution in the clean energy sector.

Languify is an AI-based language learning assistant that enhances users' spoken and written English across various platforms. The platform analyzes communication, providing real-time feedback and prompts that facilitate immediate improvements in conversations. It supports users in learning at their own pace through tailored learning plans and interactive games aimed at minimizing repetitive mistakes. Languify's approach not only targets individual language skills but also fosters better engagement in educational settings, making it a valuable tool for both personal and professional communication development.

Material Evolution is a manufacturing company focused on decarbonizing the cement industry through innovative technology. It specializes in producing smart and sustainable concrete that significantly reduces carbon dioxide emissions. By leveraging artificial intelligence and machine learning, the company transforms material chemistry to create a sustainable cement replacement sourced from hyper-local waste streams. This low-capital expenditure, low-energy manufacturing process allows the construction industry to adopt a more sustainable alternative to traditional ordinary Portland cement, helping businesses meet their environmental goals effectively.

Bluu Seafood is a biotechnology company focused on the development and commercial production of cultivated seafood derived from fish cells. The company aims to provide healthier and more sustainable alternatives to traditional seafood, ensuring that its products are both nutritious and environmentally friendly. By utilizing innovative food technology, Bluu Seafood seeks to deliver fish products that do not harm animals or contribute to the depletion of fragile ocean ecosystems, aligning with growing consumer demand for responsible food sources. This approach allows Bluu Seafood to cater to customers seeking sustainable seafood options while promoting a more ethical food industry.

1KOMMA5 ° offers all owners of electric vehicles free electricity, which they refinance through trading with so-called GHG quotas. 1KOMMA5 ° encourages a self-determined and CO2-neutral lifestyle. It combines craftsmanship and high technology to always deliver the cheapest and cleanest energy whether photovoltaics, energy storage, heat pumps, or electric car charging stations.

ClimateView AB, founded in 2017 and based in Stockholm, Sweden, specializes in developing Climate Panorama, a software platform designed to assist local governments in planning and executing their climate transition efforts. The platform collects and organizes climate data, enabling cities to create a coherent data structure that allows for comparability across different regions. By integrating advanced modeling and visualization tools, ClimateView empowers public sector stakeholders to make data-driven decisions regarding political, economic, and energy shifts. The company collaborates with various partners, including global consultancies and governmental bodies like the Swedish Climate Policy Council, and serves over 135 cities across nine countries in Europe and North America.

Evroc specializes in next-generation cloud services aimed at creating a secure, sovereign, and sustainable hyperscale cloud infrastructure in Europe. The company offers a comprehensive suite of cloud solutions, including computation, storage, networking, application integration, and developer tools. By hosting data on servers located within the European Union, Evroc ensures that its clients benefit from secure data storage, which is protected from access by foreign authorities without European court orders. This focus on security and compliance positions Evroc as a key player in reimagining Europe's digital future.

Billboxx is a developer of a cash flow management platform aimed at assisting small businesses in managing their operations more effectively. The platform automates bookkeeping tasks, streamlines bill payments, and enhances revenue collection, helping to reduce errors and increase productivity by minimizing manual and repetitive work. By simplifying the billing-to-payment workflow, Billboxx supports small businesses in their essential economic role, ensuring they can pay and get paid on time while eliminating common hassles associated with financial management.

Lun decarbonises homes faster by building the operating system for heat pump installers.

Workpay is a software company that specializes in payroll, benefits, and compliance solutions for businesses operating in Africa. It provides a cloud-based platform that enables companies to manage employee payments efficiently, including time tracking and human resource management. Workpay's services facilitate timely salary disbursements directly to employees' bank accounts or mobile wallets, simplifying the payroll process. By allowing organizations to hire both local and remote teams without the need for establishing local entities, Workpay ensures compliance with regional regulations while helping businesses attract and retain talent across the continent.

Renaissance Fusion is a company focused on developing high-temperature superconductors that facilitate advancements in fusion energy and medical imaging. By creating superconductors for stellarator plasma devices, Renaissance Fusion aims to make fusion electricity affordable and accessible, thereby integrating it into the energy grid. Additionally, their technology enhances the effectiveness of MRI machines, making them a routine and commonplace form of medical examination. Through these innovations, the company seeks to simplify the process of harnessing fusion energy and improve medical diagnostics.

LEIA is a developer of a postpartum support application designed to assist new parents in their transition into parenthood. The app offers personalized insights into both mental and physical health, delivering medically validated information and practical tools to enhance overall well-being. It includes screening models for postpartum depression and pelvic floor complications, allowing women to identify potential risks early and connect with appropriate healthcare providers. This comprehensive approach aims to simplify the challenges of parenthood and promote healthier outcomes for new families.

Grünfin is a sustainable investing platform designed to make responsible investment accessible to individuals who prioritize their impact on the world. The platform specializes in offering sustainable exchange-traded funds that align with environmental, social, and governance (ESG) criteria, as well as the United Nations sustainable development goals. Customers have the option to select investment portfolios themed around environmental issues, equality, or health, thereby allowing them to tailor their investments according to their values and interests. Through this approach, Grünfin aims to empower investors to contribute positively to society while managing their financial assets.

Einride is a freight technology company founded in 2016, specializing in digital, electric, and autonomous shipping solutions. In 2019, it became the first company globally to operate an autonomous electric freight vehicle on public roads. Einride designs and manufactures advanced transportation vehicles that utilize all-electric technology, complemented by intelligent routing software. This software integrates customer and traffic data to optimize delivery times, battery life, and energy consumption. The company's technology allows for remote control of vehicles, providing users with a safe, emission-free, cost-effective, and sustainable freight mobility option. Additionally, Einride offers tools for users to manage electrification and automation, track shipments, oversee routes, and visualize data for enhanced operational insights.

Kapu operates as a B2C Ecommerce start-up.

ORDA is a cloud-based restaurant operating system built for African chefs and food business owners. ORDA's ePos, integrations, and lending solutions enable Africa’s millions of food business owners to scale and grow their business. The company was founded in 2020 and is based in Lagos, Nigeria.

BeZero Carbon operates as a global rating agency focused on the voluntary carbon market. The company offers independent, risk-based, project-level carbon ratings that are crucial for investing in carbon projects, which play a vital role in addressing climate change. By providing these ratings and associated risk tools, BeZero Carbon empowers organizations with the necessary knowledge and confidence to make informed climate decisions. The ultimate goal of the company is to enhance investment in environmental markets, contributing to a sustainable future.

Eden Care Medical specializes in providing digital health insurance and wellness services aimed at enhancing healthcare accessibility. The company leverages digital technology and data to deliver personalized insurance products and preventative health solutions. By focusing on corporate and group health insurance, Eden Care Medical empowers clients to support their employees in managing their health and care needs effectively, ultimately contributing to improved well-being.

Commons is a company based in Oakland, California, that focuses on enabling individuals to track, reduce, and offset the carbon emissions associated with their purchases. Founded in 2018, it offers a consumer-friendly application that provides practical tools for building a more sustainable lifestyle. Users can view their emissions in real-time, discover strategies for reduction, and access a selection of high-quality carbon offsets. By converting everyday purchases into opportunities for climate action, Commons aims to empower individuals and communities to manage their climate impact effectively and contribute to a more sustainable economy.

CEEZER is a digital platform that facilitates access to high-quality projects within the voluntary carbon market, offering companies a straightforward and secure way to manage their carbon credit portfolios. By leveraging over 3.5 million data points, CEEZER enhances transparency in the carbon market, allowing users to evaluate project quality, risk, and impact. The platform connects businesses directly with project developers, eliminating intermediaries and associated fees, which streamlines transactions. CEEZER serves leading corporations and global enterprises, enabling them to implement effective climate actions and seamlessly offset their unavoidable emissions.

Liefergrün is a technology platform striving for the most convenient and sustainable delivery experience in e-commerce.

Motatos is an online retailer based in Berlin, Germany, that specializes in selling long-life household goods, including pantry items, beverages, snacks, toiletries, and pet food. Founded in 2014, the company sources its products from surplus inventory of large producers, offering them to consumers at reduced prices. By focusing on surplus food, Motatos not only provides cost-effective shopping options but also contributes to reducing food waste, thereby limiting the amount of unsold products that end up in landfills. The business combines a commitment to sustainability with a consumer-friendly approach, making it a notable player in the online retail market.

Altruistiq, founded in 2020 and based in London, provides a platform designed to automate the measurement, management, and exchange of sustainability data for enterprises. The company's technology infrastructure allows large organizations to assess and manage their sustainability impact effectively. By utilizing this platform, businesses can identify profitable and cost-effective initiatives to minimize their environmental footprint, thereby enhancing their overall sustainability efforts.

Elypta AB is a molecular diagnostic company based in Stockholm, Sweden, specializing in the development of a metabolism-based liquid biopsy platform aimed at the early detection and monitoring of cancer. Founded in 2017, the company focuses on measuring biomarkers in blood and urine, employing machine learning and artificial intelligence algorithms to identify cancer signatures. Elypta is actively conducting the AURORAX clinical trial series to explore applications for its platform, particularly in renal cell carcinoma, while also investigating other cancer indications. The technology includes a new in vitro diagnostic laboratory assay kit, which enables comprehensive profiling of glycosaminoglycan metabolites and supports a range of applications from screening to treatment response monitoring, facilitating earlier interventions in cancer care.

Clafiya is a digital healthcare platform focused on delivering accessible primary care services to patients in Africa, particularly in semi-urban and rural areas. By connecting individuals with community health workers, the platform ensures that quality healthcare reaches those who need it most, often in the comfort of their own homes. This approach not only facilitates convenient healthcare access but also emphasizes affordability and efficiency in service delivery. Clafiya's mission is to enhance the availability of essential health services, thereby improving the overall health outcomes for underserved populations.

Fixa is a fintech company focused on enhancing workforce management for African businesses that employ temporary workers. It operates a digital staffing platform designed to formalize the informal workforce sector by automating key processes such as recruitment, onboarding, scheduling, time and attendance tracking, and performance analytics. Through its comprehensive services, Fixa aims to provide young individuals with stable job opportunities, enabling them to achieve decent work and reliable income.

Appload is an online logistics platform that connects logistics companies with customers seeking cargo transport services. The platform aims to create a structured, efficient, and transparent supply chain system, allowing clients to easily plan, book, and track shipments through a user-friendly application. It features secure scheduling and an electronic payment system, ensuring the safety of transactions and shipments. Additionally, Appload provides customer services to enhance user experience, positioning itself as a key player in the B2B transportation and logistics technology sector.

Emata is a fintech company focused on transforming the agricultural sector in Africa by providing affordable digital loans to smallholder farmers. By leveraging a fully digital platform, machine learning, and collaborations with agricultural intermediaries such as cooperatives and aggregators, Emata streamlines the loan application process, making financing accessible and efficient for farmers. The company's innovative approach includes AI-powered alternative credit scoring, which enables farmers to secure funding to invest in their operations and enhance their revenue potential. As a licensed microfinance institution, Emata aims to empower farmers to achieve their ambitions and contribute to addressing the growing food needs in the region.

HealthDart is a digital health platform designed to improve access to healthcare services for middle-income communities. It connects users with local, independent pharmacies and healthcare providers through its application. The platform facilitates in-person consultations with verified healthcare professionals, including nurses and doctors, and offers instant health advice. Users can manage their healthcare needs efficiently by networking with these providers, allowing for easy ordering of medications and health products with doorstep delivery. HealthDart's services aim to make healthcare more accessible and affordable, addressing the needs of underserved populations.

Motito is a fintech company that enhances financial inclusion and access to credit in Africa through its mobile shopping app. This platform allows users to shop at their preferred stores while offering a buy now, pay later option. Customers can make purchases and pay in installments, providing an interest-free credit solution at the point of sale. By tailoring payment plans to individual needs, Motito aims to create a more convenient shopping experience for its users.

Umoja Labs is a financial technology company focused on providing crypto-enabled payment infrastructure tailored for informal markets, primarily in Africa. The company develops a platform that facilitates instant money transfers, featuring digital wallets compatible with basic mobile phones, a mobile point of sale system for merchants, and a mass-payouts dashboard. Additionally, Umoja Labs offers an API that supports the generation of digital wallets, stablecoin custody, mobile money e-float, and fiat currency transactions. By leveraging this technology, Umoja Labs aims to enhance digital financial inclusion and enable organizations to establish effective web3 payment solutions in underserved areas. The company is backed by notable investors such as Coinbase and Mercy Corps.

Power is a platform that provides financial services to employees and gig workers across sub-Saharan Africa. They enable individuals to access earned wages, loans, insurance, payments, and savings so they can live with dignity, reduce financial-related stress, and take control of their financial well-being.

1KOMMA5 ° offers all owners of electric vehicles free electricity, which they refinance through trading with so-called GHG quotas. 1KOMMA5 ° encourages a self-determined and CO2-neutral lifestyle. It combines craftsmanship and high technology to always deliver the cheapest and cleanest energy whether photovoltaics, energy storage, heat pumps, or electric car charging stations.

Material Exchange, founded in 2017 in Stockholm, Sweden, is dedicated to improving the efficiency, transparency, and sustainability of material sourcing in the fashion industry. The company operates a digital sourcing platform that enables fashion brands to connect with suppliers and access a diverse range of materials more effectively. By facilitating digital collaboration between brands and manufacturers, Material Exchange helps reduce reliance on physical samples and minimizes material waste. This innovative approach positions the company at the forefront of the intersection between fashion and technology, supporting a more responsible and sustainable future for the industry.

BeZero Carbon operates as a global rating agency focused on the voluntary carbon market. The company offers independent, risk-based, project-level carbon ratings that are crucial for investing in carbon projects, which play a vital role in addressing climate change. By providing these ratings and associated risk tools, BeZero Carbon empowers organizations with the necessary knowledge and confidence to make informed climate decisions. The ultimate goal of the company is to enhance investment in environmental markets, contributing to a sustainable future.

juli is a digital healthcare startup founded in 2020, aimed at improving the lives of individuals with chronic conditions. The company develops an artificial intelligence-powered application that consolidates diverse healthcare data into a single platform. This application supports users dealing with various chronic health issues, such as asthma, migraines, depression, bipolar disorder, and chronic pain. By integrating data from smartphones, wearables, and self-reported information, juli enables users to self-track and manage their symptoms effectively. The founders, motivated by personal experiences with chronic conditions, leverage their expertise in big data to enhance healthcare outcomes and promote better understanding of health triggers and management strategies.

Forefront of Flexibility

Liefergrün is a technology platform striving for the most convenient and sustainable delivery experience in e-commerce.

FloatPays is a financial technology company based in Cape Town, Western Cape, founded in 2019. The company specializes in providing a platform that facilitates payroll integration and offers employees early access to their wages. FloatPays enhances employee financial well-being through various services, including payment solutions, financial education, effective reporting, and training. By promoting budgeting and financial literacy, the company aims to empower individuals to transition from debt to savings, ultimately fostering a more secure financial future for its users.

Submer specializes in advanced immersion cooling technology for the data center industry, offering an innovative solution that enhances energy efficiency and space utilization. By submerging servers in a proprietary dielectric fluid, Submer's system significantly outperforms traditional air cooling methods, providing much higher cooling capacity while reducing power consumption by 50%. This technology not only ensures reliable performance but also minimizes the physical footprint required for data centers, saving 85% of real estate compared to conventional setups. The flexibility of Submer's cooling systems allows for installation in diverse environments, eliminating the need for costly infrastructure.

ORDA is a cloud-based restaurant operating system built for African chefs and food business owners. ORDA's ePos, integrations, and lending solutions enable Africa’s millions of food business owners to scale and grow their business. The company was founded in 2020 and is based in Lagos, Nigeria.

Medtech Africa provides a medical platform (Forcardio) that enables caregivers to use health monitoring to manage and improve the care of their patients. We provide easy access to continuous medical care for cardiovascular disease management and care in emerging markets. We provide cost-effective and simplified tools that provide proactive, personalized, and timely information about people living with chronic conditions such as diabetes, hypertension, and heart failure.

Viebeg operates a data-driven logistics platform that focuses on medical procurement for healthcare facilities. By utilizing AI technology, Viebeg enhances the efficiency of inventory management, enabling healthcare providers to access affordable medical and dental supplies and equipment. The platform facilitates shipping, warehousing, last-mile distribution, and real-time data analysis, ensuring that healthcare facilities maintain optimal stock levels of essential medical supplies. This comprehensive approach not only streamlines the procurement process but also helps prevent health crises by ensuring timely availability of necessary resources for patient care.

PesaChoice is a provider of cloud-based human resource management solutions tailored for the African market. The company enables organizations to streamline their HR processes through its affordable software, which includes features for payroll, compliance, and benefits management. Additionally, PesaChoice offers a financial software platform designed to assist individuals with limited access to institutional credit. This platform allows users to manage their finances effectively by facilitating bill payments, purchasing calling cards, and sending money instantaneously. By addressing both organizational HR needs and individual financial challenges, PesaChoice aims to improve overall workforce management and financial accessibility in Africa.

Elsa Science AB, founded in 2017 and based in Stockholm, Sweden, operates a digital health platform focused on rheumatoid arthritis. The company empowers patients to take an active role in their healthcare by providing tools that facilitate personal research into their condition. Through its application, users can monitor symptoms, diet, and lifestyle factors, gaining insights into how these elements influence their disease activity. Elsa collaborates with the Riskminder foundation and scientific studies at Karolinska Institutet to deliver reliable data and research findings. By enabling patients to track their responses to medications and overall health status, Elsa supports healthcare professionals in managing chronic diseases more effectively, improving treatment personalization and proactive care.

Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.

Stitch is a payments infrastructure company that helps businesses seamlessly connect to the financial system, so they can deliver a better user experience and optimize operations. Headquartered in Cape Town, South Africa, Stitch launched in February 2021 and has global staff. Stitch offers all popular online payment methods and operates as a Payments Service Provider. Its platform supports a variety of pay-in methods and solutions; financial and payment management solutions; and Payouts. Learn more at stitch.money.

Grünfin is a sustainable investing platform designed to make responsible investment accessible to individuals who prioritize their impact on the world. The platform specializes in offering sustainable exchange-traded funds that align with environmental, social, and governance (ESG) criteria, as well as the United Nations sustainable development goals. Customers have the option to select investment portfolios themed around environmental issues, equality, or health, thereby allowing them to tailor their investments according to their values and interests. Through this approach, Grünfin aims to empower investors to contribute positively to society while managing their financial assets.

ClimateView AB, founded in 2017 and based in Stockholm, Sweden, specializes in developing Climate Panorama, a software platform designed to assist local governments in planning and executing their climate transition efforts. The platform collects and organizes climate data, enabling cities to create a coherent data structure that allows for comparability across different regions. By integrating advanced modeling and visualization tools, ClimateView empowers public sector stakeholders to make data-driven decisions regarding political, economic, and energy shifts. The company collaborates with various partners, including global consultancies and governmental bodies like the Swedish Climate Policy Council, and serves over 135 cities across nine countries in Europe and North America.

OnePipe simplifies complex infrastructure so you can focus on creating market-defining innovations. Banks and fintech partners of OnePipe have contributed the majority of the underlying infrastructure required to establish your product as a service.

Stockeld Dreamery is a producer of vegan food products that focuses on creating nutritious and flavorful cheese alternatives made from legumes. The company aims to provide a sustainable option for consumers seeking healthy, plant-based sources of protein. With a commitment to superior taste and nutrition, Stockeld Dreamery strives to make its products accessible to a wide audience, including chefs and restaurants that prioritize quality in their culinary offerings. The focus on sustainability reflects a dedication to using the planet's resources wisely while delivering innovative dairy-free alternatives.

Ignitia AB is a company based in Stockholm, Sweden, that specializes in producing high-resolution weather forecasts and climate data tailored for tropical regions, particularly in Sub-Saharan Africa. Since its commercial launch in 2015, Ignitia has focused on enhancing agricultural productivity and resilience among small-scale farmers by providing hyper-local weather updates via SMS based on GPS locations. Its services include daily, monthly, and seasonal rain forecasts, short-term forecasting, climate statistics, and early warning systems for storms and extreme weather. The company's technology is specifically designed to predict rapid weather changes driven by convection forces, which are common in tropical climates. Ignitia's offerings support various sectors, including agriculture, industry, mining, and offshore applications, aiming to mitigate the adverse effects of an unpredictable climate on farming and other activities.

Collectiv Food is focused on transforming the food supply chain into a sustainable, fair, and transparent ecosystem. The company has developed an online procurement platform that connects chefs, restaurateurs, food producers, and innovators, facilitating direct sourcing of food and drink. This digitized and automated solution addresses inefficiencies in traditional supply chains, allowing restaurants to access high-quality ingredients at competitive prices. By emphasizing sustainability and transparency, Collectiv Food aims to enhance the overall economics of food businesses and promote greener logistics solutions worldwide.

Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company designs and produces a range of battery solutions, including cells, custom cells, and complete battery systems, tailored to meet specific requirements in terms of chemistry and form factor. Northvolt's commitment to sustainability is evident in its eco-friendly manufacturing processes, which ensure a minimal carbon footprint and incorporate advanced recycling technologies. By focusing on the development of high-quality, sustainable battery cells and systems, Northvolt aims to support the electrification of various markets, including automotive, grid storage, industrial applications, and micromobility, facilitating the transition away from fossil fuels towards cleaner energy sources.

Einride is a freight technology company founded in 2016, specializing in digital, electric, and autonomous shipping solutions. In 2019, it became the first company globally to operate an autonomous electric freight vehicle on public roads. Einride designs and manufactures advanced transportation vehicles that utilize all-electric technology, complemented by intelligent routing software. This software integrates customer and traffic data to optimize delivery times, battery life, and energy consumption. The company's technology allows for remote control of vehicles, providing users with a safe, emission-free, cost-effective, and sustainable freight mobility option. Additionally, Einride offers tools for users to manage electrification and automation, track shipments, oversee routes, and visualize data for enhanced operational insights.

ORDA is a cloud-based restaurant operating system built for African chefs and food business owners. ORDA's ePos, integrations, and lending solutions enable Africa’s millions of food business owners to scale and grow their business. The company was founded in 2020 and is based in Lagos, Nigeria.

Djamo is a financial technology company that offers applications enabling customers to utilize cards without incurring any fees across various services. The company's platform provides both free and limitless cards that function like standard debit cards, allowing users to set aside funds for savings, monitor their expenses, manage card payments, and control withdrawals and overall financial activities. Djamo's focus on fee-free transactions and comprehensive financial management tools positions it as a convenient option for individuals seeking to enhance their financial well-being.

Bluu Seafood is a biotechnology company focused on the development and commercial production of cultivated seafood derived from fish cells. The company aims to provide healthier and more sustainable alternatives to traditional seafood, ensuring that its products are both nutritious and environmentally friendly. By utilizing innovative food technology, Bluu Seafood seeks to deliver fish products that do not harm animals or contribute to the depletion of fragile ocean ecosystems, aligning with growing consumer demand for responsible food sources. This approach allows Bluu Seafood to cater to customers seeking sustainable seafood options while promoting a more ethical food industry.

Stitch is a payments infrastructure company that helps businesses seamlessly connect to the financial system, so they can deliver a better user experience and optimize operations. Headquartered in Cape Town, South Africa, Stitch launched in February 2021 and has global staff. Stitch offers all popular online payment methods and operates as a Payments Service Provider. Its platform supports a variety of pay-in methods and solutions; financial and payment management solutions; and Payouts. Learn more at stitch.money.

Material Exchange, founded in 2017 in Stockholm, Sweden, is dedicated to improving the efficiency, transparency, and sustainability of material sourcing in the fashion industry. The company operates a digital sourcing platform that enables fashion brands to connect with suppliers and access a diverse range of materials more effectively. By facilitating digital collaboration between brands and manufacturers, Material Exchange helps reduce reliance on physical samples and minimizes material waste. This innovative approach positions the company at the forefront of the intersection between fashion and technology, supporting a more responsible and sustainable future for the industry.

Einride is a freight technology company founded in 2016, specializing in digital, electric, and autonomous shipping solutions. In 2019, it became the first company globally to operate an autonomous electric freight vehicle on public roads. Einride designs and manufactures advanced transportation vehicles that utilize all-electric technology, complemented by intelligent routing software. This software integrates customer and traffic data to optimize delivery times, battery life, and energy consumption. The company's technology allows for remote control of vehicles, providing users with a safe, emission-free, cost-effective, and sustainable freight mobility option. Additionally, Einride offers tools for users to manage electrification and automation, track shipments, oversee routes, and visualize data for enhanced operational insights.

Northvolt AB, founded in 2016 and headquartered in Stockholm, Sweden, specializes in the manufacturing of sustainable lithium-ion batteries primarily for the renewable energy and transportation sectors. The company designs and produces a range of battery solutions, including cells, custom cells, and complete battery systems, tailored to meet specific requirements in terms of chemistry and form factor. Northvolt's commitment to sustainability is evident in its eco-friendly manufacturing processes, which ensure a minimal carbon footprint and incorporate advanced recycling technologies. By focusing on the development of high-quality, sustainable battery cells and systems, Northvolt aims to support the electrification of various markets, including automotive, grid storage, industrial applications, and micromobility, facilitating the transition away from fossil fuels towards cleaner energy sources.

Submer specializes in advanced immersion cooling technology for the data center industry, offering an innovative solution that enhances energy efficiency and space utilization. By submerging servers in a proprietary dielectric fluid, Submer's system significantly outperforms traditional air cooling methods, providing much higher cooling capacity while reducing power consumption by 50%. This technology not only ensures reliable performance but also minimizes the physical footprint required for data centers, saving 85% of real estate compared to conventional setups. The flexibility of Submer's cooling systems allows for installation in diverse environments, eliminating the need for costly infrastructure.

ClimateView AB, founded in 2017 and based in Stockholm, Sweden, specializes in developing Climate Panorama, a software platform designed to assist local governments in planning and executing their climate transition efforts. The platform collects and organizes climate data, enabling cities to create a coherent data structure that allows for comparability across different regions. By integrating advanced modeling and visualization tools, ClimateView empowers public sector stakeholders to make data-driven decisions regarding political, economic, and energy shifts. The company collaborates with various partners, including global consultancies and governmental bodies like the Swedish Climate Policy Council, and serves over 135 cities across nine countries in Europe and North America.

Elypta AB is a molecular diagnostic company based in Stockholm, Sweden, specializing in the development of a metabolism-based liquid biopsy platform aimed at the early detection and monitoring of cancer. Founded in 2017, the company focuses on measuring biomarkers in blood and urine, employing machine learning and artificial intelligence algorithms to identify cancer signatures. Elypta is actively conducting the AURORAX clinical trial series to explore applications for its platform, particularly in renal cell carcinoma, while also investigating other cancer indications. The technology includes a new in vitro diagnostic laboratory assay kit, which enables comprehensive profiling of glycosaminoglycan metabolites and supports a range of applications from screening to treatment response monitoring, facilitating earlier interventions in cancer care.

Elsa Science AB, founded in 2017 and based in Stockholm, Sweden, operates a digital health platform focused on rheumatoid arthritis. The company empowers patients to take an active role in their healthcare by providing tools that facilitate personal research into their condition. Through its application, users can monitor symptoms, diet, and lifestyle factors, gaining insights into how these elements influence their disease activity. Elsa collaborates with the Riskminder foundation and scientific studies at Karolinska Institutet to deliver reliable data and research findings. By enabling patients to track their responses to medications and overall health status, Elsa supports healthcare professionals in managing chronic diseases more effectively, improving treatment personalization and proactive care.

Woshapp is a car wash in an app that the customer can use for asking a car washing service on her site.

Wefarm Limited operates an agricultural platform that facilitates knowledge sharing among small-scale farmers through SMS. Founded in 2015 and based in London, the company has established a presence in Dar es Salaam, Tanzania; Nairobi, Kenya; and Kampala, Uganda. Wefarm's platform enables farmers to ask questions and receive crowd-sourced answers from their peers, fostering a community where they can solve problems and share innovative practices. The service effectively operates both online and via SMS, leveraging machine learning technology to enhance user experience. Recognized for its impact, Wefarm has received several accolades, including awards from FastCompany, Google, TechCrunch, and the European Union Commission.

Einride is a freight technology company founded in 2016, specializing in digital, electric, and autonomous shipping solutions. In 2019, it became the first company globally to operate an autonomous electric freight vehicle on public roads. Einride designs and manufactures advanced transportation vehicles that utilize all-electric technology, complemented by intelligent routing software. This software integrates customer and traffic data to optimize delivery times, battery life, and energy consumption. The company's technology allows for remote control of vehicles, providing users with a safe, emission-free, cost-effective, and sustainable freight mobility option. Additionally, Einride offers tools for users to manage electrification and automation, track shipments, oversee routes, and visualize data for enhanced operational insights.

Matsmart Scandinavia AB is an online platform based in Skogås, Sweden, that specializes in selling surplus food products. Founded in 2014 by Karl Andersson, Erik Södergren, and Ulf Skagerström, the company aims to combat food waste by offering items that might otherwise be discarded due to reasons such as packaging changes or approaching expiration dates. Matsmart has experienced significant growth since its inception, expanding its operations to Norway and Finland and achieving recurring revenues of SEK 200 million. In 2017 alone, the company successfully saved 2,022 tonnes of food from being wasted. By providing a marketplace for discounted groceries and personal care products, Matsmart enables suppliers to move surplus inventory while helping to reduce overall food wastage.

Vultus AB, founded in 2016 and based in Lund, Sweden, specializes in precision farming through its advanced satellite systems. The company provides tailored nitrogen recommendations by analyzing satellite data alongside crop and seed types. Vultus aims to reduce waste in farming, addressing the issue of 55% nitrogen fertilizer loss that adversely affects crop yields and the environment. Its solutions help farmers save up to 30% on nitrogen fertilizers, thereby enhancing profitability and contributing to environmental sustainability. Vultus's offerings include a fertilizer guide, field-specific maps for fertilizer application, and assessments of crop health, water stress, and soil moisture. Through these digital solutions, Vultus supports farmers in optimizing their agricultural practices.

Heart Aerospace AB, founded in 2018 and headquartered in Gothenburg, Sweden, with an additional location in Palo Alto, California, focuses on developing an electric regional airliner aimed at enhancing sustainable transportation for regional travel. The company's flagship aircraft, the ES-19, is designed to accommodate nineteen passengers and boasts an operational range of 400 kilometers. Heart Aerospace seeks to significantly reduce fuel and maintenance costs compared to traditional aircraft while achieving zero operational emissions. The innovative design allows for a low infrastructural footprint, facilitating the use of small airports located near city centers. Heart's objective is to secure certification for the ES-19 for commercial operations by 2026, aligning with its mission to provide affordable and environmentally friendly travel options across the globe.

Kognity AB, established in 2012 and headquartered in Stockholm, Sweden, specializes in digital textbook publishing. The company's core business is developing technology that enhances learning and teaching efficacy. Kognity's platform offers curriculum-aligned, interactive learning materials, including video examples and 3D models, replacing traditional printed textbooks. It also provides schools with tools for managing and improving the learning experience, aiming to create a significant impact on global education.

WinningTemp AB is a Swedish company that specializes in developing a software platform aimed at enhancing human resource management. Founded in 2014, the company focuses on creating prosperous and healthy workplaces by leveraging artificial intelligence to measure employee engagement, job satisfaction, and overall well-being. The platform provides real-time visualization and analysis of personnel data, allowing organizations to assess leadership progress, task fulfillment, and employee satisfaction. By generating actionable insights, WinningTemp enables clients to proactively address challenges and improve productivity within their teams. The company is headquartered in Gothenburg, Sweden, and also maintains an office in Stockholm.

Woshapp is a car wash in an app that the customer can use for asking a car washing service on her site.

Ignitia AB is a company based in Stockholm, Sweden, that specializes in producing high-resolution weather forecasts and climate data tailored for tropical regions, particularly in Sub-Saharan Africa. Since its commercial launch in 2015, Ignitia has focused on enhancing agricultural productivity and resilience among small-scale farmers by providing hyper-local weather updates via SMS based on GPS locations. Its services include daily, monthly, and seasonal rain forecasts, short-term forecasting, climate statistics, and early warning systems for storms and extreme weather. The company's technology is specifically designed to predict rapid weather changes driven by convection forces, which are common in tropical climates. Ignitia's offerings support various sectors, including agriculture, industry, mining, and offshore applications, aiming to mitigate the adverse effects of an unpredictable climate on farming and other activities.

WhyWaste is a company focused on reducing food waste in Swedish grocery stores by providing an inventory management platform that helps identify products nearing their expiration dates. The platform utilizes data-driven tools to assist store staff in managing these items more effectively, allowing for options such as repurposing, cooking, or donating food instead of discarding it. By collaborating with several leading grocery chains in Sweden, WhyWaste aims to enhance sustainability efforts and minimize the environmental impact associated with food production, transportation, and storage. The company's approach not only contributes to environmental benefits but also promotes cost savings for retailers, making it a practical solution in the fight against food waste.

Kognity AB, established in 2012 and headquartered in Stockholm, Sweden, specializes in digital textbook publishing. The company's core business is developing technology that enhances learning and teaching efficacy. Kognity's platform offers curriculum-aligned, interactive learning materials, including video examples and 3D models, replacing traditional printed textbooks. It also provides schools with tools for managing and improving the learning experience, aiming to create a significant impact on global education.