Norrsken Foundation was created in June 2016 by Klarna founder Niklas Adalberth who contributed $20 million to the launch. In December 2017 Adalberth committed an additional $62 million to Norrsken Foundation. That same year, a co-working space of 2400 square meters named Norrsken House was opened in a repurposed tram depot in Stockholm and at the end of that year, it was hosting 112 companies.

Sustainable solutions

Norrsken want to create a world that is optimised for both people and planet. They believe that entrepreneurs building rapidly scalable businesses are the best bet to solve some of the problems facing our world so are using their experience from founding and leading startups to support the best impact entrepreneurs across the world. Norrsken is an ecosystem consisting of Norrsken House, a coworking space for over 350 impact entrepreneurs in Stockholm, and their seed fund Norrsken Founders Fund which invests in companies with the potential to radically improve the world.