🚀 The fund focuses on Series A and B rounds, aiming to bridge the gap in growth-stage investments. Approximately 50% of the capital will be allocated to Series A and B companies, with the rest reserved for follow-on investments, mainly in B and C rounds.

💼 Norrsken22 has made five investments, including challenger bank TymeBank and identity verification solution Smile Identity, among others.

📊 The fund's target is to invest in around 20 startups, with the typical investment ticket averaging about $10 million, potentially going as high as $16 million for follow-on rounds.

🌟 Preparing portfolio companies for exits is a key focus, with a thorough evaluation of potential exit scenarios, including international strategic buyers and consolidation with local industry leaders.

📈 Despite fundraising challenges in the tech investment landscape, Norrsken22's success is noteworthy, demonstrating a renewed fundraising momentum.

🌐 The fund has operational teams in Nigeria, South Africa, Kenya, and Ghana, emphasizing its Pan-African presence.

🌱 It is keen on entrepreneurs developing fintech, edtech, medtech, and market-enabling solutions with a positive impact across Africa.

🤝 Norrsken22's strong network and presence in key African markets set it apart, providing valuable support to portfolio companies.

🌟 Stay tuned for more impactful investments as Norrsken22 advances its mission in the African tech ecosystem. 

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