Fonds de capital-risque (Stockholm, Kigali) : entreprises technologiques africaines en croissance, séries A et B.
- Investment ticket
- 2.65 M$ – 5.8 M$*
- Instruments
- Equity
- Preferred sectors
- Fintech, SaaS, E-commerce, Digital health, Edtech, Logistics, Energy*
- Target geographies
- West Africa, East Africa, Southern Africa
* added from its deals
- Stages (stated by the fund and from its deals)
- SeedSeries ASeries BDebt
Recent public deals: they say better than a thesis what the fund actually signs.
ARC Ride
September 2026 · KenyaDebt33.3 M$Senior debtEnergyCo-Invest
Co-investor alongside Novastar Ventures
Activity : Electric mobility
ARC Ride, a Kenyan electric mobility startup, has raised $33.3 million in asset-backed debt and equity to expand its battery-swapping network and electric motorcycle fleet across Africa.
Co-investors British International Investment, IFC (International Finance Corporation), Mirova Natural Capital, Musashi Seimitsu, Proparco, Talanton
Source : techcabal.com
Shiprazor
April 2026 · Afrique du SudSeed2.65 M$EquityE-commerceLead
Activity : Online retail
Shiprazor, a Cape Town-based e-commerce logistics and fulfilment startup, has raised USD 2.65 M in seed funding, bringing total funding to USD 3.3 M.
Co-investors AAIC, E4E Africa, Tremis Capital
Source : weetracker.com
Lua
April 2026 · KenyaSeed5.8 M$EquitySaaSLead
Activity : Enterprise software (SaaS)
Lua has raised $5.8 million in a seed round led by Norrsken22, with participation from Flourish Ventures, 20VC, P1 Ventures, Phosphor Capital, and Y Combinator, alongside angel investors including Privy CEO Henri Stern, Opendoor CEO Kaz Nejatian, and Nuitee CEO Med Benmansour.
Co-investors 20VC, Flourish Ventures, P1 Ventures, Phosphor Capital, Y Combinator
Source : techinafrica.com
Orca Fraud
March 2026 · Afrique du SudSeed2.35 M$EquityFintechCo-Invest
Co-investor alongside Enza Capital
Activity : Regtech, identity and fraud prevention
Fintech company providing real-time transaction monitoring and fraud intelligence for emerging markets.
Why they invested
- Secure financial transactions across Africa
- Address the specific needs of African mobile-first payment ecosystems
- Build scalable fraud-prevention infrastructure
Co-investors CV VC Africa, OneDayYes
Source : techcabal.com
Series A11 M$EquityFintechCo-Invest
Co-investor alongside P1 Ventures
Activity : Money transfer and remittances
Raenest provides multi-currency accounts and financial services enabling African individuals and businesses to transact across borders.
Why they invested
- Improve Africans' access to global financial services
- Deepen operations in Nigeria
- Strengthen presence in Kenya
Co-investors QED Investors, Seedstars, Ventures Platform
Source : avca.africa
Series B38 M$EquityE-commerceCo-Invest
Co-investor alongside Janngo Capital
Activity : B2B e-commerce
Vehicle : Janngo Capital Startup Fund
Sabi connects over 300,000 informal merchants to suppliers and financial services through a B2B commerce platform in Nigeria.
Why they invested
- Annualized GMV above $1 billion
- Over 300,000 merchants on the platform, >20% month-on-month growth
- Positioned on Africa's informal retail trade, a massive underdigitized market
- Valuation reaching $300 million at the round
Co-investors CommerzVentures, CRE Venture Capital, Fluent Ventures, Proof VC
Source : techcrunch.com
Norrsken22 invests tickets ranging from 2.65 M$ to 5.8 M$, across the following sectors: Fintech, SaaS, E-commerce, Digital health, Edtech, Logistics, and Energy, in the following areas: West Africa, East Africa, and Southern Africa. Check in 30 seconds whether your company fits these criteria.