Apply for Norrsken22 Accelerator Program ($125,000 upfront funding)

The Norrsken Accelerator program offers an intensive 8-week session, providing upfront funding of $125,000 and access to a network of exceptional mentors and investors. This accelerator, based in Stockholm, goes above and beyond traditional programs by connecting thriving startups with world-class advisors who share their enthusiasm for utilizing technology and entrepreneurship to bring about positive change.

These mentors have personally experienced the challenges of starting a business and offer invaluable insights and support as you strive for success. In November 2023, Norrsken22 successfully raised $205 million for its inaugural fund, specifically aimed at supporting African startups during crucial growth stages.

Established by seasoned veterans in venture capital and private equity, this firm operates across Nigeria, South Africa, Kenya, and Ghana. Their African Tech Growth Fund secured an impressive $110 million in its initial close, with the backing of 30 global unicorn founders.

Despite a decline in global venture capital activity, Norrsken22 is determined to bridge the gap between growth and late-stage investments, with a focus on Series A and B rounds. Approximately 50% of their capital is dedicated to building a portfolio of promising companies, while the remaining funds are reserved for follow-on investments.

ELIGIBILITY

• Norrsken22 supports fintech, edtech, medtech, and market-enabling solutions that not only deliver strong returns but also have a positive impact across Africa.
• Their portfolio includes renowned names such as TymeBank, Sabi, Smile Identity, Autochek, and Shara.

APPLICATIONS

If you’re an aspiring entrepreneur interested in this incredible opportunity, you can apply through the following link: https://airtable.com/app7bGSveZe9qXGM5/pag01no0ldy3Ae7Br/form.