Norrsken22 provides local growth capital to Africa’s future tech giants. Our goal is to drive sustainable, long-term economic growth through investments in the continent’s fast-growing technology sector.
We back bold entrepreneurs who are building companies that solve real-world challenges. Our Africa-based team partners with them at every step, combining local presence with insights from unicorn founders around the world. We believe in Africa’s entrepreneurs: they have the talent, resilience, and ambition to create world-class companies, and they deserve access to capital, expertise, and networks that match their potential.
For us at Norrsken22, organic growth is the cornerstone of how great businesses are built. The growth of the companies we partner with comes not from shortcuts, but from a deep understanding of their customers, finding true product–market fit, and consistently delivering value. We see ourselves as long-term partners, with ambitions that go beyond financial returns. Our goal is sustainable, scalable growth that endures over time and creates value for employees, customers, and communities alike.
In our portfolio, the vast majority of expansion is organic. While acquisitions can play a role in some cases, we believe enduring businesses are created by scaling from within – by earning customer trust, refining products, and building strong, mission-driven teams. This type of growth may be more challenging, but it is also more sustainable, producing companies with stronger foundations, resilient cultures, and loyal customer bases.
To illustrate, one of our portfolio companies, Tyme, is currently onboarding around 100,000 new banking customers every week. Their highly impactful proposition – affordable, accessible banking tailored to the needs of those typically excluded from traditional banking services – has resonated with millions. This is organic growth in action: winning trust by solving real problems at scale.
The past year has been one of deployment. We have partnered with a number of high-growth companies across Africa that are reshaping industries at scale, including Stitch, one of South Africa’s leading FinTechs.
As of September, we have invested close to USD 70 million – a milestone reflecting both the strength of the opportunities we are seeing and our confidence in Africa’s entrepreneurial talent. Looking ahead, we continue to build on this momentum with several compelling late-stage opportunities in our pipeline. These companies represent the next wave of category leaders, with the potential to scale rapidly, drive impact, and deliver strong returns.

