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Fredrik Jung Abbou is a Co-founder at Kry and an active angel investor based in Stockholm, Sweden. In 2014, he co-founded the sustainable e-commerce platform Sellpy, which expanded into 24 European countries in 2021 under the majority ownership of H&M Group. That same year, he co-founded the digital healthcare provider Kry, also known as Livi, helping scale the telemedicine platform to facilitate millions of patient consultations. The company has secured over $700 million in total venture funding from backers including Index Ventures, highlighted by a $312 million Series D round in 2021 and a $160 million extension in 2022. He holds a Bachelor of Arts with Honors in Finance from the European Business School in London. His current professional focus centers on early-stage European technology venture investing across the digital health and circular economy sectors.
Fredrik Jung Abbou stands as a prominent figure in the European impact investing landscape, recognized as the Co-Founder of Norrsken Launcher. This early-stage investment firm and accelerator is an integral part of the renowned Norrsken Foundation, a non-profit organization dedicated to supporting entrepreneurs who are building a better world. At Norrsken Launcher, Fredrik plays a crucial role in identifying, investing in, and nurturing promising startups that leverage technology to address some of the planet's most pressing challenges.
His primary focus at Norrsken Launcher revolves around venture building and providing strategic guidance to nascent companies. He is deeply involved in the entire lifecycle of early-stage ventures, from initial concept validation to scaling for significant impact. This hands-on approach ensures that portfolio companies not only receive vital capital but also benefit from expert mentorship and access to Norrsken's extensive network of founders, investors, and industry leaders. The goal is to accelerate the growth of companies that can deliver both strong financial returns and measurable positive societal or environmental impact.
Fredrik's investment philosophy is firmly rooted in impact technology. He seeks out startups that are developing innovative solutions in areas such as climate tech, sustainable consumption, health tech, education technology, and other sectors poised to create a better future. These are companies that aim to solve global problems like climate change, poverty, and inequality through scalable technological advancements. He is particularly drawn to mission-driven founders with bold visions and the tenacity to execute complex solutions.
Prior to co-founding Norrsken Launcher, Fredrik Jung Abbou built a robust career background steeped in entrepreneurship and venture development. His experience includes involvement with various early-stage companies, where he honed his skills in identifying market gaps, building strong teams, and navigating the complexities of startup growth. This entrepreneurial journey has provided him with invaluable insights into the challenges and opportunities faced by founders, making him a highly empathetic and effective investor and mentor. While specific individual investments are often part of the broader Norrsken Launcher portfolio, the firm consistently backs companies that exemplify its core mission. These include ventures developing carbon capture technologies, sustainable food systems, accessible healthcare platforms, and innovative educational tools, all contributing to a healthier planet and more equitable society.
Through his work at Norrsken Launcher, Fredrik Jung Abbou continues to champion the next generation of impact entrepreneurs. His dedication to fostering innovation that serves a greater purpose positions him as a key driver in the movement towards a more sustainable and equitable global economy. He embodies the Norrsken ethos of combining business acumen with a profound commitment to making a positive difference in the world.
Fredrik Jung Abbou is the Co-Founder of Norrsken Launcher, an early-stage investment firm and accelerator focused on impact technology. He is a venture builder and investor dedicated to supporting startups that solve global challenges.
Fredrik Jung Abbou, through Norrsken Launcher, invests in early-stage impact technology startups. His focus areas include climate tech, sustainable solutions, health tech, education technology, and other ventures that aim to create significant positive societal and environmental impact.
Fredrik Jung Abbou works as the Co-Founder of Norrsken Launcher. Norrsken Launcher is an integral part of the Norrsken Foundation, a prominent ecosystem for impact entrepreneurs and investors.
