Norrsken Launcher

Stockholm, Sweden
Active
LFR

Company overview

Founded
2021
Total funding
Impact VC fund — co-led Blykalla $50M round December 2025
Technology
LFR — Lead-cooled Fast Reactor

About

Norrsken Launcher is a Swedish impact venture capital fund backed by the Norrsken Foundation, founded by Klarna co-founder Niklas Adalberth. The fund co-led Blykalla's $50 million December 2025 funding round alongside Oklo and Armada Investment. Norrsken Launcher focuses on startups solving global challenges at scale — nuclear energy's role in the clean energy transition aligns directly with its investment mandate. The Blykalla investment is one of the most significant Swedish deep tech VC commitments to nuclear energy.

Key investors

Norrsken Foundation (Klarna founder Niklas Adalberth)

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