Bayer and Norrsken in partnership to conquer hugest challenges facing humanity
Leaps by Bayer and Norrsken join forces to solve global challenges related to health and nutrition. The partnership involves collaboration locally in Sweden as well as globally, including a potential expansion of Norrsken’s global presence to support social impact entrepreneurs.
“The collaboration with Norrsken opens up a great opportunity to bring the amazing individuals on both sides together to share ideas and potentially create new businesses together” says Dr. Axel Bouchon, Head of Leaps by Bayer.
Norrsken and Leaps by Bayer share the ambition to tackle the biggest challenges facing humanity. An aging and growing population needs disruptive innovations to heal and feed the world. With a more than 150-year history in innovation and a clear mission, Science for a better life, from its mother company Bayer, Leaps is committed to spearhead a movement to make paradigm-shifting advances in the life sciences – targeting the breakthroughs that could fundamentally change the world for the better.
“When we met with Leaps by Bayer for the first time, we immediately saw the significant overlap in values and ambition level between Norrsken and Leaps. Therefore we believe there is tremendous opportunity for us and all the Norrsken companies with this partnership. True to their vision, Leaps is taking a big bet on Norrsken to help enable an impact unicorn, a company positively affecting one billion people”, says Erik Engellau-Nilsson, the CEO of Norrsken Foundation.
Bayer and Norrsken will jointly strive for Norrsken House entrepreneurs and Bayer employees to collaborate and develop new business models and ideas. Norrsken and Bayer will work together on events and Mashup seminars hosted at Norrsken House throughout the year.
Norrsken is Swedish non-profit organization founded in 2016 with the purpose of solving some of the world's most pressing challenges. The Foundation runs the award winning co-working hub Norrsken House, an impact VC fund of €30M and two in-house initiatives, Klarity & 29k. The Foundation has secured €200M in funding from the co-founder of the Swedish fin-tech unicorn Klarna. www.norrskenfoundation.org
About Leaps by Bayer
Leaps by Bayer is a unique approach to addressing breakthrough innovation. It is designed for the specific purpose of tackling fundamental innovations in the fields of health and nutrition with the help of new technologies. The ideas and challenges are all outstandingly ambitious and the operating model is to build new companies in collaboration with third parties such as biotech companies, venture capital funds or hedge funds to foster technology combination and know-how amplification. www.leaps.bayer.com