Norrsken Launcher

Addressing some of today’s greatest challenges - energy security and climate change - requires clean, affordable, and adjustable baseload power. Hydropower is a proven solution, offering renewable baseload energy and essential grid flexibility. However, the sector faces significant barriers: it’s capital-intensive, slow to scale, and hindered by regulatory bottlenecks. The solution? Unlock more power from what we already have. That’s why we’re so excited about our latest investment, SeaPattern (subject to FDI approval). SeaPattern’s modular, floating hydrokinetic turbines are placed in an optimized microgrid, increasing the energy output of existing hydropower plants without new infrastructure or environmental harm. The system is scalable, affordable, and non-invasive, and can also serve as a standalone run-of-the-river solution in areas where traditional hydropower isn’t viable. Built on cutting-edge research from Linköping University, SeaPattern combines fluid mechanics with AI optimization to revolutionize hydropower. Co-founders Niklas Boman and Marcus F. bring deep expertise in hydrodynamics, AI-driven systems, and energy infrastructure, leveraging their backgrounds in space engineering and advanced mechanical systems with experience from European Space Agency, SAAB and Volvo Aero. In other words - exactly the team the grid needs. Anna Fredrixon “SeaPattern delivers hydropower as-a-service at a game-changing cost - an LCOE 4-5x lower than alternatives. Unlocking clean, stable energy at this scale and price point is a paradigm shift for the industry. Niklas and Marcus bring the deep-tech expertise and execution power to make it happen. We couldn’t be more excited to back them in scaling a world-class team and forging key partnerships in hydropower.” This is exactly the kind of energy solution we need - fast, scalable, and affordable. The future of clean energy won’t build itself. Let’s get to work.

Launcher portfolio company Agteria Biotech raises €6M to accelerate their mission to cut 1% of global greenhouse gas emissions. According to the IPCC, methane emissions are 28x more potent than CO₂, and emissions from cattle are a big problem. 5%-of-global-emissions-kind-of-big. Agteria’s methane-reducing molecule can therefore have a massive impact. It is scalable, safe, and offers the highest methane reduction per euro on the market. Fulfilling and commercializing the promise of science to tackle the world’s toughest challenges is why we do what we do. That’s why we’re so happy to welcome agricultural industry expert AgriZeroNZ and deeptech investor Industrifonden, who are joining us and Mudcake in the support of Agteria. Erik Engellau-Nilsson has the privilege of supporting the team as Chair:  “We need more science and innovation to reduce methane emissions in a safe, scalable and commercially attractive way. Martin, Maia and the team are already working at breathtaking speed. This funding will allow them to go even faster!” Martin Blomberg Maia Lidbeck Tommi Remonen and team - we’re so proud to be in your corner. Keep the milestones coming! 🚀

Science, tech for good, policymakers, enterprises, and venture capital don’t always unite to break new ground. But when they do… Norrsken Launcher portfolio company Blykalla’s breakthrough clean energy solution (small modular reactors) is taking shape as Swedish Minister for Energy, Business & Industry, Ebba Busch and Blykalla CEO Jacob Stedman, digs in at Oskarshamn on a new electric test reactor. With OKG , Uniper, ABB, and KTH Royal Institute of Technology on board, Blykalla is rewriting Swedish nuclear innovation with the best, and a bold new energy narrative is on its way. We’re proud to have invested in a team that’s unapologetically disruptive as it builds the future. Keep the milestones coming, Blykalla!

Great news, we are now looking to welcome interns to our team for the coming summer and fall! You might be wondering, what is it really like to work as an intern at Norrsken Launcher?🤔 We had the pleasure of having Patrick Sarzio as an intern with us during the fall of 2024, and before he headed back to his studies, he took the time to share some insights.

Our portfolio company PlasticFri is now Grale  🚀 This rebrand reflects their evolution from tackling single-use plastics, to addressing planetary and human health challenges that transcends materials and industries, globally. With over 120M products already sold, Grale (formerly PlasticFri®) will continue to deliver on their purpose - innovative, cost-competitive, and scalable solutions for a cleaner planet. The new brand marks an exciting step forward, and represents a bold commitment to long-term, global impact. We’re proud to support Grale as they lead the way toward a more sustainable future for both people and the planet. Explore their new chapter at www.grale.com and join the movement! 🌍

Our portfolio company Renasens AB, is seeking a dedicated Research and Development Engineer with expertise in supercritical fluids for textile processing. In this role, you’ll lead the development of polycotton fiber separation, oversee pilot-scale process implementation, and collaborate with a cross-functional team to drive meaningful innovation. The position with KTH offers the potential to transition into a full-time role with Renasens. If you hold a PhD in Chemical or Textile Engineering, are proactive, resilient, and accountable, and are driven to make an impact, do apply for this unique opportunity ➡ https://lnkd.in/de_6iVAv

🚀 New team member alert! 🚀 We are excited to have Patrick Sarzio as our new Intern! Curious to learn more about Patrick? Check out our quick Q&A below 👇 👉 Tell us three facts about yourself! - After earning my Bachelor’s at the University of St. Gallen, I recently moved to Stockholm for my Master’s in Economics at SSE. Adjusting to Swedish style and seasons is a constant adventure — who knew that moving countries requires an entire wardrobe overhaul? - There’s nothing quite like a morning swim in one of Stockholm’s stunning lakes. Please ask me again in a few weeks if I still feel this way — temperatures seem to fall exponentially in Sweden. - The first Swedish phrase I was taught is “Jag är taggad”, meaning “I am excited.” And this couldn’t be more true — I’m genuinely excited about Sweden, Stockholm, and the future being built here at Launcher. Jag är taggad. 👉 What will you be working on? As an intern at Launcher, I’ll support the team across a range of fund activities, including evaluating potential investment opportunities and deep-diving into the scientific research landscape in the Nordics. 👉 What are you most excited about with your new role? I’m here to make a difference and am extremely excited to work alongside such an experienced, motivated, and driven team in supporting transformative innovations that can ultimately change the world for the better. 👉 Lastly, where can we find you? At Norrsken House, Birger Jarlsgatan 57. Ping me on LinkedIn or at patrick@launcher.vc.

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.