# Norrsken Evolve

> Norrsken Evolve is a VC fund backing Software and Artificial Intelligence. See 45 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Stockholm, Sweden
- Total investments: 45
- Last investment: Jul 2026
- Lead investor: 53%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/norrsken-foundation/
- X (Twitter): https://twitter.com/norrsken_org
- Website: https://accelerator.norrsken.org
- Facebook: https://www.facebook.com/norrskenfoundation/

Norrsken Evolve is a VC fund in Stockholm focused on Software and Artificial Intelligence. Pre-seed fund to accelerate the founders who are building Europe’s sustainable and resilient future.

## Contacts

5 contacts available for Norrsken Evolve. Shizune tracks 1 team members at Norrsken Evolve. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/norrsken-accelerator?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 9 | 20% |
| Artificial Intelligence | 7 | 16% |
| Renewable Energy | 4 | 9% |
| Biotechnology | 3 | 7% |
| Sustainability | 3 | 7% |

64 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Pre-Seed | 28 | 62% |
| Seed | 6 | 13% |
| Funding Round | 1 | 2% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Sweden | 10 | 22% |
| France | 3 | 7% |
| United States | 3 | 7% |
| Kenya | 2 | 4% |
| Spain | 2 | 4% |

13 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Alex Bakir | General Partner | 4 | https://shizune.co/investors/profile/alex-bakir |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| InfiniNode Technologies AB | InfiniNode Technologies provides system-on-chip IP for on-chip communication, cache coherence, and network-on-chip design in semiconductors. | $2.3M | Seed | Jul 16, 2026 |  |
| New Dawn Bio | New Dawn Bio is a biotechnology research firm that specializes in wood production. | $2.4M | Pre-Seed | Jun 04, 2026 |  |
| Tolemy Bio | Tolemy Bio develops AI-driven tools to design, optimize, and control cell culture processes for advanced therapies. The company focuses on precision-engineered, custom cell culture media for cell and gene therapies and biologics. Its platforms use artificial intelligence and machine learning to map how nutrients and signals influence cells. TolemyBio supports cell therapy innovators with data-driven media design and process control. Its solutions aim to improve critical quality attributes and manufacturability for advanced therapeutic products. | $1.6M | Pre-Seed | May 12, 2026 |  |
| Spiral Hydrogen | Spiral Hydrogen's mission is to lower the price of green hydrogen below that of fossil hydrogen, so opening up an industry for decarbonization and making hydrogen transportation and heating commercially viable. | $3.1M | Pre-Seed | Apr 30, 2026 |  |
| Velatir | Velatir deliver AI-native security and compliance solutions that help enterprises safely adopt and scale intelligent agents. | $1.6M | Pre-Seed | Feb 04, 2026 |  |
| Berget AI | Berget AI is an AI platform that focuses on inference and agentic infrastructure, enabling businesses to deploy and expand open-source LLMs. | $2.5M | Pre-Seed | Feb 02, 2026 |  |
| Recupere Metals | Recupere Metals focused on recycling copper scrap into high-quality electrical wires. It uses a patented mechanical process enhanced by AI to boost conductivity from impure scrap, bypassing energy-intensive smelting. | $5.9M | Seed | Jan 30, 2026 |  |
| TetraxAI | TetraxAI is a clean technology company that provides an AI-powered software platform focused on automating due diligence and risk assessment for renewable energy infrastructure projects. Its core system analyzes extensive project documents, identifying legal, regulatory, land-use, and contractual risks that can affect development and investmentdecisions, helping technical and investment teams evaluate opportunities more quickly and with traceable insights. The platform also combines structured project data and local regulatory intelligence to support market analysis and informed decision-making across wind, solar, battery storage, and other clean energy assets. TetraxAI’s solutions are designed to streamline workflows that traditionally involve manual review of complex documentation, reducing evaluation times from weeks to hours and helping developers, investors, and advisors address risk factors earlier in project lifecycles. The company engages with users to integrate its APIs and tools into existing decision processes and support scalable adoption across energy portfolios. | $1.4M | Pre-Seed | Jan 29, 2026 |  |
| Flox Intelligence | FLOX is bringing cutting-edge technology and Generative AI to wildlife management, addressing the challenges of human-wildlife coexistence across diverse landscapes.By streamlining and simplifying wildlife management workflows, we empower organizations to keep wild animals away from areas where they pose risks, such as airports, railways, roads,public spaces, agriculture, young forests, and other shared environments. Our autonomous solutions, grounded in advanced wildlife science and powered by Generative AI, ensure safety and efficiency, allowing our clients to focus on their core activities.With FLOX, you can achieve safer, more productive environments, ensuring harmonious coexistence between humans and wildlife. | $1M | Seed | Aug 07, 2025 |  |
| Billboxx | Enabling businesses pay and get paid twice as fast | $1.6M | Pre-Seed | Dec 11, 2024 |  |

10 of 45 investments shown.

## Co-investors
- [Chalmers Ventures AB](https://shizune.co/investors/profile/chalmers-ventures) — VC Fund, 3 deals together
- [Zephyr Acorn](https://shizune.co/investors/profile/zephyr-acorn) — VC Fund, 3 deals together
- [African Renaissance Partners](https://shizune.co/investors/profile/african-renaissance-partners) — VC Fund, 2 deals together
- [Afrinovation Ventures](https://shizune.co/investors/profile/afrinovation-ventures) — VC Fund, 2 deals together
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund, 2 deals together
- [Boğaziçi Ventures](https://shizune.co/investors/profile/bo%C4%9Fazi%C3%A7i-ventures) — VC Fund, 2 deals together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund

## FAQ

### What does Norrsken Evolve invest in?

Norrsken Evolve invests primarily in Software, Artificial Intelligence and Renewable Energy startups, most often at Pre-Seed and Seed stage. Most of the 45 investments tracked by Shizune back companies in Sweden. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Norrsken Evolve?

Public channels for Norrsken Evolve include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Norrsken Evolve?

The team at Norrsken Evolve includes Alex Bakir (General Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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