About

Meaningful Equity II is Norselab's second growth fund that will invest in companies with potential net positive impact in industries with large negative footprints.

The fund looks for companies driving positive change through their core products or services that have proven value to their customers and are ready to scale.

Product
: Venture fund
Launch
: 2021

Impact approach

The Structured Equity fund will follow Norselab’s impact philosophy as outlined in the Meaningfulness Policy and adhere to our three Meaningfulness pillars:

  1. Product-driven impact: We focus on the impacts of the company’s revenue-generating products and services.
  2. Net-positive impact: We account for both the negative and the positive effects of companies to identify those with net positive impact.
  3. Impact where it’s urgent: We strive to invest in industries in great need of transformation.

Sustainability-related disclosures

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Fund focus

Meaningful Equity II will help meaningful growth companies, which are ready to scale, and speed up the expansion of impactful solutions. Norselab is looking for companies that are positioned to spark transformational change in global industries.

We see outstanding opportunities notably within three powerful impact themes: sustainable food systems, urban ecosystems, and a circular world.

The goal is to raise a larger international round within 12-18 months.

Fund facts

  • Name: Meaningful Equity II
  • Phase: Companies heading into the growth phase that are ready to scale and expand internationally.
  • Initial ticket size: Generally ranging from 20 to 40 MNOK with robust follow-on capacity.
  • Portfolio size; Aim for 20-25 companies.
  • Typical investment:
    • Ticket size: USD 3m
    • Pre-money valuation: USD 12-15m+
    • Typical term: 3 years

Investment team

Yngve 2

Yngve Tvedt

Chief Investment Officer, Partner
Aksel 1

Aksel Lund Svindal

Investment Partner, Venture
Ann Kristin 3

Ann-Kristin Pfründer

Investment Partner, Venture
JG 1

Jean-Guillaume Marquaire

Investment Partner, Venture
Heidi 1

Heidi Kopperud

Investment Partner, Venture
Alex 22

Alexander Farooq

Investment Partner, Venture

Portfolio companies

Explore more

Wanda

Industry: Circular Logistics
CEO: Lars Syse Christiansen
Founded: 2020

Wanda

Read more

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