EUVC #216 Agate Freimane, Norrsken VC

Published: Sept. 12, 2023, 4:30 a.m.

Today we're happy to welcome Agate Freimane, Founding Partner of Norrsken, one of Europe's leading impact venture capital funds born out of Norrsken Foundation, which hosts events, operates co-working spaces, and runs accelerator programmes across the Nordics, Iberia, and Eastern Africa.
Their fund is dedicated to investing in early-stage startups focusing primarily in climate tech and they've led the investments into almost 50 companies, highlights including Northvolt, Einride, 1komma5 and Matsmart.

Jump to the parts that matter to you \U0001f3a7
00:00:00 - "Tear down this wall"
00:01:04 - Disclaimer and Introduction
00:03:10 - Journey into venture
00:12:00 - Impact Investing in Europe
00:15:24 - The Decline of Opportunity Funds and LP Appetite
00:17:52 - Shifting Topics in the Impact Space
00:18:27 - LP Appetite & The Challenging Environment
00:22:09 - The Drive for ESG Reporting in Europe
00:24:49 - The Challenge of Impact as a Business Model
00:28:19 - The Importance of Finding the Right Problems
00:31:02 - Agate\u2019s Core Learnings in Life
00:36:12 - Building Team and Culture as a VC Firm
00:38:23 - Assumptions and Feedback in Team Building and Culture
00:39:38 - Capital Deployment and Small Bad Bets
00:40:31 - Ego in VC & Professional Development
00:45:19 - Regrets and Priorities
00:45:35 - Top Tips for Fundraising In Europe