Pan-African VC Norrsken22 Opens Doors to Startup Acceleration.

19 Jan 2024

Norrsken22, a leading Pan-African venture capital firm, is on the hunt for promising startups through its unique Norrsken Accelerator program. This eight-week initiative, unlike traditional accelerators, kicks things off with a $125,000 upfront investment and access to a powerful network of experienced unicorn mentors and top investors.

But the Norrsken Accelerator goes beyond just funding. At its core, it's about mentorship. The program pairs successful startups with seasoned advisors who share their passion for using technology and entrepreneurship to drive positive change in Africa. These experienced veterans have walked the startup path themselves, offering invaluable insights and support to help young companies navigate challenges and achieve their goals.

Norrsken22's commitment to African startups is further underscored by its recent $205 million fundraise, specifically dedicated to supporting their growth journey. Founded by venture capital and private equity veterans, the firm operates across key African markets like Nigeria, South Africa, Kenya, and Ghana.

Their African Tech Growth Fund, with an initial close of $110 million backed by 30 global unicorn founders, fills the crucial gap between growth and late-stage investments. They focus on Series A and B rounds, providing vital funding during critical scaling stages.

Norrsken22 champions startups tackling issues in fintech, edtech, medtech, and market growth solutions that promise both financial returns and positive impact across Africa. Their portfolio boasts impressive names like TymeBank, Sabi, Smile Identity, Autochek, and Shara.

Ready to take your African startup to the next level? Applications for the Norrsken Accelerator are open!



Play audio


Share:

Comments

No comments

Add your comment

Search Blog

Recent Posts

Wema Bank Launches AlatPay to Empower Small Businesses. Wema Bank has launched AlatPay, a new digital paym...
TerraPay Secures $95 Million to Enhance African Remittances. TerraPay, a digital payments provider focused on A...
Zeelo Exits South Africa, LULA Takes Over Local Bus-Sharing Operations. LULA, a ride-sharing service for office workers, h...
d.light Secures $176 Million to Expand Off-Grid Solar Access in East Africa. d.light, a global provider of affordable solar-pow...
Here’s Why the Nigerian Government is Building a Web App for Farmers. The Nigerian Federal Government is taking a signif...

Related Post

Creative Fund Launched: N1.5 Billion Allocated to Nigerian Movie Industry
In alignment with President Bola Ahmed Tinubu’s Renewed Hope Agenda, the Federal...
Call for Tech Startups Seeking $1M Investment Opportunity.
The Future of Capitalism competition has officially opened entries, offering a g...
Microsoft Opens Applications for the 2025 Imagine Cup Competition
Microsoft has announced the commencement of the application period for the 2025...
Logo

Accelerating the growth of Africa's tech ecosystem