In a recent development, NordicNinja VC has officially launched its new €100M VC fund in partnership with Panasonic, Honda, Omron, and the Japan Bank for International Cooperation (JBIC).
Based out of Helsinki, NordicNinja VC is a new venture capital fund supporting scale-up goals in the New Nordics.
Fund to scaleup Nordic and Baltic scale-up companies!
For the uninitiated, the new fund offers investments between €2M-€5M to deep tech scale-ups in industries such as autonomous mobility, AI, VR, and IoT. This fund will help Nordic and Baltic scale-up companies enter the technology business ecosystem in Japan and across Asia.
Shinichi Nikkuni, Managing Partner at NordicNinja VC, says “Our goal is to be the first of many that bring together the Nordics, Baltics, and Japan.”
In addition to funding, scale-ups are given knowledge and technological expertise from local corporate partners to help them thrive in the complex Asian business markets.
Furthermore, a team of New Nordic and Japanese industry experts from NordicNinja VC has established an office in Helsinki, with an active presence in all the Nordic and Baltic startup hubs.
The Nordic and Baltic regions have rapidly evolving startup ecosystems strategically located between Europe and Asia. In addition, local expertise in technology makes these regions particularly attractive places to operate from,” says Tomosaku Sohara, Managing Partner at NordicNinja VC
The team also includes Investment Director Claes Mikko Nilsen, who previously co-founded the Finnish Business Angels Network (FiBAN) and managed the Nordic Business Angel Network. He will now focus on matching the best new Nordic ideas with the established know-how of Japanese industrial powerhouses
Marek Kiisa, Managing Partner at NordicNinja VC and a member of Kauffman Fellows – a global network of VCs:
Today, the Nordic startup ecosystem and Japanese blue-chip companies represent something of a missed opportunity in terms of potential growth and cooperation. Japan is still on its way to finding its place in the startup innovation space and this fund is directly designed to support these connections between the Nordics and Asia.
Stay tuned to Silicon Canals for more updates in the tech startup world.