Norrsken’s new Evolve fund is a €57m bet on European resilience

18 Aug 2025
08:00
Swedish impact VC Norrsken has launched a new €57m fund. It's less climate tech, more ‘resilience’ – but won’t invest in weapons.
Today, the fund has unveiled its first cohort of 13 startups, chosen from a pool of 3000 applicants.
“It’s harder to get in here than at Stanford,” Rebecka Löthman Rydå, partner at Norrsken, tells Impact Loop Sweden with a chuckle.
Today, the fund has unveiled its first cohort of 13 startups, chosen from a pool of 3000 applicants.
“It’s harder to get in here than at Stanford,” Rebecka Löthman Rydå, partner at Norrsken, tells Impact Loop Sweden with a chuckle.