Norrsken Launcher

Launcher + Renasens = 💚 The textile industry is a significant contributor to global pollution, responsible for up to 10% of greenhouse gas emissions, 20% of water pollution, and 35% of microplastic pollution in oceans. Despite this, textile waste keeps piling up and only 1% is recycled. A major challenge has been efficiently recycling blended textiles, such as polycotton which make up 50% of global textile waste. That's why we’re excited to announce our investment in Renasens. Renasens, founded by Dr. Jade Abir Bouledjouidja, a chemical engineer with a PhD from Aix-Marseille University, has developed a breakthrough technology at KTH that finally makes textile recycling commercially viable. The technology was originally inspired by NASA's use of supercritical fluids to clean spacesuits. It efficiently recycles polycotton, without depolymerisation or degradation, turning it into high-quality recycled polyester and cotton yarns with minimal waste, lower energy use, and extraction of additives and colourants. The result is recycled yarn that’s not only sustainable but also cost-effective. With a proven track record of scaling complex innovations and unmatched dedication, Jade Abir Bouledjouidja is on a mission that we’re proud to join – turning waste into resources and closing the textile loop. We look forward to rolling up our sleeves and working together. Bienvenue à Norrsken Launcher, Renasens! 🚀

🚀 New team member alert 🚀 We are super happy to have Emma Kjellander joining us as Impact Manager. Let's get to know Emma better - read our interview here 👇 👉 Tell us 3 facts about yourself! - I spent the past six years living in Copenhagen, persistently trying to become danish. I basically made it my whole personality that I’d never be one of those Swedes that move back to Stockholm. So well. That’s embarrassing now. - Denmark made me a sourdough snob. And I’m the worst kind - a snob who has absolutely no clue of how to make it myself, but complain when the buns from the bakery isn’t perfect. - I’ve been running for the past 10 years, but is still too scared to run a race of any kind. Maybe 2025 will be my year! 👉 What will you work with? As Impact Manager, I’ll be heading our impact initiatives across the fund. That includes integrating impact and ESG assessments into our investment process, supporting our portfolio companies with tracking and optimizing their impact, as well as reporting and regulatory compliance. 👉 What are you most excited about with your new role? Definitely working with the exceptional founders in the Launcher portfolio. The state of the world calls for collaborative effort, and the combination of groundbreaking science, kick-ass founders and risk-willing capital is a corner stone in solving the societal issues we’re facing. I’m so excited to play a small role in that. It’s not game over - it’s game on! 👉 Lastly - where can we find you? At Norrsken House, Birger Jarlsgatan 57. Ping me on LinkedIn or at emma@launcher.vc

🚀 2024 Norrsken Impact/100 at Nasdaq Times Square- with Blykalla listed! Fantastic to see the release of Impact/100 2024 - the annual list of 100 companies that can positively impact the lives of 1 billion people, as chosen by Norrsken and hand-picked nomination partners (including the likes of The Earthshot Prize , World Fund, Social Innovation + Change Initiative at Harvard Kennedy School, MIT Solve, Obama Foundation, Breakthrough Energy , DCVC , Atomico, Planet A Ventures , EQT Foundation, Northzone and many more. Behind all of the 100 companies are people working daily to leave a positive mark on the planet - they deserve all the recognition in the world. And we are extra happy to see our portfolio company Blykalla being one of the 100's 🌟 Read the list, get inspired, share it and join the movement for better role models https://lnkd.in/dH-YKJdJ.

🚀 Calling exceptional students in Stockholm - passionate about making a positive impact 🚀 Apply for the role as intern with us at Norrsken Launcher and gain hands-on experience in impact investing, deep tech, research & science innovations and venture capital while contributing to projects that can change the world. Learn more and apply here 👉 https://lnkd.in/gGKyMxF4

How is it really to work as an intern with Norrsken Launcher? What surprised her the most? Read and learn the experiences from our summer intern Elin Wall

Our portfolio company Cellcolabs is looking for a Head of Finance to join their visionary team. You'll play a crucial role in shaping financial strategy, driving operational efficiency, and making a real-world impact. 👉 Interested in this role? Learn more and apply here: https://lnkd.in/dTMQ8R93 👂 Curious to know more about Cellcolabs and its leadership? Check out this podcast: https://lnkd.in/dR34tSHy 👋 Know someone who would be a perfect fit for this role? Feel free to ping Anna Fredrixon! Cellcolabs, a biotech impact start-up, is on a mission to disrupt healthcare through advanced cell therapies. Their team of talented and passionate individuals is united by a shared vision of creating good health for everyone 💛

🚀 Exciting Milestone Alert for Blykalla! We are happy to announce the closure of an 80 mSEK funding round, led by Norrsken Launcher and Nucleation Capital, with valuable contributions from Earth Venture Capital, Farvatn, and several private investors. With strengthened backing, broad support, and global political tailwinds, Blykalla are excited to continue on the path toward industrialization of their first-of-a-kind lead-cooled reactor. For more details about the round and what this means for Blykalla, please read the full press release here: https://lnkd.in/dwRH7sX3 Onwards and upwards, as we continue our quest for a future with clean energy! #blykalla #SMRs #cleanenergy

On a mission to cut 1% of the world’s greenhouse gas emissions by 2035! You might not know it, but cow burps are a big problem. They’re rich in methane gas - the second most important contributor to climate change after carbon dioxide. In fact, according to some estimates, cow burps account for nearly 5% of global greenhouse gas emissions. That’s why we at Norrsken Launcher are proud to be investing in Agteria Biotech. Co-founded by KTH alumnus Martin Blomberg and Tommi Remonen, Agteria has developed a novel patent pending molecule that cuts cows' methane emissions by 70%. After successful trials with the Swedish University of Agricultural Sciences (SLU) and letters-of-intent signed with some of Europe’s biggest dairy- and cattle producers, the company is now gearing up to scale. The goal? To cut 1% of the world’s greenhouse gas emissions by 2035. We are super excited to work with Agteria Biotech and revolutionize how to reduce methane emissions from livestock. And yes, the team is hiring so apply today: https://lnkd.in/dv2_qiBV

Great to see the huge interest for Norrsken and its mission and how the foundation and the hubs keeps expanding globally. Breakit wrote an article this week with an overview of the different initiatives within Norrsken - read and learn more about the different funds and Norrsken Launcher: https://lnkd.in/dWDfSUjw

Proud to be backing Cellcolabs and the amazing team making high-quality stem cells available and affordable through industrial-scale production. Their ultimate goal is to accelerate stem cell research and make the treatments of the future available for all. https://lnkd.in/g6mcmTDU