Nordic Capital and Norrsken Foundation partner up to strengthen impact entrepreneurs
July 02 2018
Norrsken Foundation and private equity firm Nordic Capital Investment Advisory AB (“Nordic Capital”) have established a long term strategic partnership. Through the partnership, Nordic Capital will advise Norrsken’s member companies on how to scale their businesses. The partnership is part of Nordic Capital's ambition to build long term sustainable companies that contribute positively to society.
The aim of the partnership between Norrsken Foundation and Nordic Capital is to support the social entrepreneurs in the Norrsken ecosystem to scale their business, thereby increasing their positive impact on the communities is which they are active. The partnership reinforces Nordic Capital’s commitment to sustainable behaviour.
Norrsken has the ambition to tackle the largest challenges facing humanity with the vision to help create a world optimised for people and the planet. Nordic Capital will work closely with the Norrsken Investment Team, providing advice on investment and operational excellence processes. Nordic Capital will also help Norrsken's member companies to organise their board work and give advice on how to raise money, find investors and support the building of prospering businesses.
The Norrsken ecosystem consists of companies with sustainable business models focused on solving some of the environmental and social problems the world faces and accelerating positive change. Norrsken engages in early stage businesses by helping them to scale. Companies represented in the ecosystem include, for example: Karma, a company that reduces food waste; Hygglo, which enables users to rent the things they need and rent out the things they own; and Doctrin which provides digital solutions for doctors' consultations which increase patient involvement and facilitate doctor-patient communication.
“Nordic Capital strives to contribute to society by building market-leading sustainable companies. We are proud to announce a partnership with Norrsken Foundation, an important incubator for small, impact-driven companies. This is a way for us to engage in early stage sustainable companies,” says Kristoffer Melinder, Managing Partner at Nordic Capital.
“Nordic Capital has a world-class record of building and scaling sustainable businesses. It is fantastic that they will now support Norrsken and impact entrepreneurs in their growth journeys. With this partnership, we can positively impact many people and even increase the chances of enabling an impact unicorn - a company positively affecting one billion people”, says Niklas Adalberth, the founder of Norrsken.
Elin Ljung, Director of Communication and Sustainability,
Tel: +46 8 440 50 50
Funda Sezgi, Chief House Officer,
Tel: +46 72 962 39 29
About the Nordic Capital Funds
Nordic Capital is a leading private equity investor in the Nordic region with a resolute commitment to creating stronger, sustainable businesses through operational improvement and transformative growth. Nordic Capital focuses on selected regions and sectors where it has deep experience and a proven track record. Core sectors are Healthcare, Technology & Payments, Financial Services, Industrial Goods & Services and Consumer & Retail, and key regions are the Nordics, Northern Europe, and globally for Healthcare. Since inception in 1989, Nordic Capital has invested EUR 12 billion in 100 investments. The Nordic Capital Funds are based in Jersey and are advised by advisory entities, which are based in Sweden, Denmark, Finland, Norway, Germany and the UK. For further information about Nordic Capital, please visit www.nordiccapital.com.
Norrsken Foundation is a Swedish non-profit organization founded in 2016 with the purpose of solving some of the world's most pressing challenges. The Foundation runs the award winning co-working hub Norrsken House, an impact VC fund of €30M that invests in best entrepreneurs solving the biggest challenges in the world and two in-house initiatives, Klarity & 29k. The Foundation was established by Niklas Adalberth, the co-founder of the financial service company Klarna.