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Key people at Nordic Impact/EXP Group.
Nordic Impact, the investment arm of the Norwegian EXP Group, is an impact investing firm. It primarily deploys capital into early-stage impact technology startups and supports social entrepreneurship initiatives. The firm targets ventures leveraging exponential technologies and artificial intelligence to address global challenges across education, clean energy, and sustainable transportation.
Established in 2017 by founder Tharald Nustad and co-founder Anders Lier, Nordic Impact was founded on the belief that sustainable startup investments can yield both significant societal impact and financial returns. This conviction drives their strategy to back entrepreneurial solutions for urgent global issues.
The firm's beneficiaries are the early-stage impact technology startups and social entrepreneurship projects they fund. Nordic Impact’s vision aims to make impact investing a mainstream and profitable practice. They seek to accelerate the development of technologies offering scalable solutions to the world’s most critical problems.
Key people at Nordic Impact/EXP Group.
Nordic Impact is the investment arm of the EXP Group, a Norway-based private impact investment firm specializing in early-stage impact tech startups that address social and environmental challenges using exponential technologies and artificial intelligence.[1][2][3] Its mission centers on fostering positive societal impact through investments, support programs, and education in social entrepreneurship, operating primarily via the Katapult platform and network.[1][2] The investment philosophy emphasizes that sustainable startups can yield higher profitability than traditional investments, targeting key sectors like education, energy & greentech, fintech, IT & software, and maritime & transport.[1] In the startup ecosystem, Nordic Impact drives growth by providing capital, a three-month Katapult Accelerator training program, and events like the annual Future Fest conference to connect startups, investors, and innovators.[2]
Founded in 2017 and headquartered in Norway, Nordic Impact emerged as the dedicated investment branch of the EXP Group to channel resources into impact-driven ventures.[1][2][3] Key figures include CEO Cilia Holmes Indahl, Founder Tharald Nustad, and Co-founder and Executive Chairman Anders Lier, who have steered its focus on early-stage impact tech.[1] The firm's evolution has centered on building the Katapult World network, expanding from pure investments to comprehensive support like accelerators and conferences, solidifying its role in social entrepreneurship since inception.[1][2]
(Note: A separate entity, Nordic Impact Funds or NIF, operates as a women-led manager focused on social impact in Africa with a diverse team experienced in finance, NGOs, and emerging markets; however, search results distinguish it from the EXP Group/Katapult-linked Nordic Impact.[4])
Nordic Impact rides the wave of impact investing and sustainable tech, capitalizing on Nordic strengths in innovative startups tackling climate, social equity, and tech disruption amid global pressures like the green transition and AI ethics.[1][2][6] Timing aligns with rising demand for profitable sustainability solutions, as Nordics lead in impact startups per regional reports.[6] Market forces favoring it include investor shifts toward ESG, exponential tech adoption, and policy support for greentech—positioning it to influence the ecosystem by scaling early-stage ventures and bridging Nordic innovation with worldwide challenges.[1][5]
Nordic Impact is poised to expand its Katapult network amid accelerating demand for AI-driven impact solutions, potentially deepening sector focus in greentech and fintech while enhancing accelerator outcomes. Trends like ESG integration and climate tech funding will shape its trajectory, evolving its influence from Nordic hub to global impact catalyst—reinforcing its core belief that sustainable investments outperform, as EXP Group's arm continues fueling exponential positive change.[1][2]
