Klarna Founder Launches ‘Nobel Prize for Impact’ TechCrunch

Based on BCG global assets under management are about $100 trillion, but only $715 billion, or less than 1%continue what you might call ‘impact’ on companies or projects to solve the world’s biggest social and environmental problems.

Now, a Klarna founder plans to create what he calls the ‘Nobel Prize for Impact’. Niklas Adalberth co-founded Klarna in 2005 but left in 2015 and founded the Norrsken Foundation in 2016, contributing $20 million to the launch and another $62 million in 2017.

Now, the organization’s new initiative will be the “Norrsken Impact100,” an annual list of the “world’s most promising impact companies” that shines a light on founders working in the field. this.

The final 100 shortlisted companies (to be announced this month) will be nominated by several partner organizations, including the Obama Foundation, Softbank Investment Advisors, World Fund, Katapult, BMW Foundation, Leaps by Bayer, Summa Equity and several others.

In a statement, Adalberth said: “We believe that entrepreneurs building businesses that scale quickly is our best way to solve the world’s biggest and toughest problems. … Unicorns are typically companies valued at over $1 billion, but we wanted to recognize unicorns that have the potential to impact – those that will positively impact 1 billion people. “

Impact 100 will be evaluated by a panel that includes Adalberth, as well as Ulrika Modéer, Assistant Secretary-General of the United Nations; Matt Miller, Sequoia partner; and Carl Manneh, co-founder of Mojang.

The winners will be announced at Impact Week in Stockholm, this fall.

The Norrsken Foundation runs Norrsken House in Sweden, a hub for influential entrepreneurs, and incubates Norrsken VC, a $130 million influencer VC. It also runs Norrsken 22, a US$200 million growth fund for African startups.

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