Norrsken22 is a tech growth fund partnering with exceptional African entrepreneurs to scale disruptive businesses — providing growth capital and deep strategic value while positioning founders for international expansion and impact. Its conviction is that every investment is a partnership, and value creation goes far beyond capital. The fund is managed by general partners deeply ingrained in the African tech ecosystem, based in Kenya, Nigeria, South Africa and Ghana, with decades of combined experience backing African entrepreneurs.

Norrsken22’s founding partners are the Norrsken Foundation — the global non-profit that opened Norrsken House Kigali in 2021, East Africa’s largest entrepreneur hub — alongside a remarkable “unicorn board” of founders and investors who built and backed companies including Flutterwave, Klarna, Skype, Delivery Hero, Mojang, iZettle and King, bringing hands-on scaling experience to portfolio teams. The fund closed its debut vehicle at $205 million in November 2023, exceeding its target, with limited partners including British International Investment and Norfund. It invests at Series A and growth stage across Sub-Saharan Africa — targeting fintech, market enablement, healthtech and edtech — with cheque sizes typically around $10 million and the ability to go significantly larger. Its portfolio reads as a who’s who of African scale-ups: TymeBank, Sabi, Smile ID, Autochek, Raenest, Taager, Workpay, Nala and Credrails. Norrsken22 operates as an independent, for-profit growth fund while sharing the Norrsken Foundation’s values, and is guided by an advisory council of business leaders from across the continent.