Diligence memo · auto-generated · as of July 2, 2026
Norrsken22
Norrsken22 has raised $200M over 1 round; too few niche peers to rank its valuation yet.
Businessfiled
Norrsken22 is a private company, based in Africa. Thirty unicorn founders are backing African tech entrepreneurs through Norrsken22, a new US$200 million tech growth fund that will invest in exceptional entrepreneurs building Africa’s new tech giants.
No verified homepage on file yet — operating evidence is limited to the public record.
Capital & rounds (filed)filed
Norrsken22 has raised $200M in disclosed capital across 1 recorded round, aggregated from public filings. Its latest round is modeled as Growth/Late (a round over $400M).
Largest single filing: $200M on 2022-02-01.
Most recent recorded round closed around 2022-02-01.
Valuation (modeled)modeled
Provath models Norrsken22 at approximately $3.0B (range $1.6B–$4.7B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Too few comparable companies in this niche to rank the valuation fairly yet.
Financing rhythm & timingmixed
Not enough dated financing history to read a financing rhythm.
Comparablesmixed
Capital scale ranks ahead of 100% of sector peers (8525 compared).
Modeled value ranks above 100% of those peers.
Risks & flagsmixed
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.