EU-Startups Podcast | Episode 143: Rebecka Löthman Rydå, General Partner at Norrsken Evolve
Norrsken Evolve, a pre-seed fund based in Europe, has raised €57 million to support early-stage founders focused on building a resilient and sustainable future. This funding round, oversubscribed by investors, demonstrates growing interest in backing European startups tackling pressing global challenges. The fund aims to redefine how impact-driven startups scale across the continent by providing essential resources. The fund, born out of the Norrsken Accelerator, offers €250,000 in upfront capital, with the potential for follow-on funding, along with an intensive in-person sprint and access to a top-tier advisory network. The podcast highlights Rebecka Löthman Rydå, General Partner at Norrsken Evolve, who has invested in over 30 companies. Some of her previous investments include Truecaller, Funnel, TrusTrace, Formulate, and Zound Industries. This initiative signifies a crucial moment for European tech, encouraging innovative solutions and sustainable growth. The fund's focus on problem-solving, resilience, and direct feedback for founders could lead to more successful and impactful companies. By prioritizing narratives over metrics in the pre-seed stage, the fund is challenging traditional startup evaluation methods. Norrsken Evolve's strategy to support early-stage founders with capital, mentorship, and community could become a model for other funds. This approach aligns with Europe's broader goals for technological advancement and sustainable development. The podcast also emphasizes the importance of hiring a Founder's Associate early on.
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