HomeFinlandNordicNinja Announces €200M Fund II

NordicNinja Announces €200M Fund II

NordicNinja, a Japanese VC firm in Europe, closed its second fund, at €200m.

The cornerstone investor in this fund was Japan Bank of International Cooperation (JBIC), with participation from European investors including BaltCap and Swedbank pension funds and Japanese backers Honda and Omron.

The firm, which has offices in London, UK, Stockholm, Sweden, Helsinki, Finland, and Tokyo, Japan, will continue to invest in companies that sit at this intersection and which are tackling the world’s biggest problems with a focus on climate tech, deeptech and digital society. Following demand, the fund is now expanding its operations to the UK, Ireland, and BeNeLux countries, while doubling down on the Nordics and the Baltics.

From its €101m Fund I, the firm invested in companies that transformed industries including Bolt, Einride, Veriff, Voi, Starship, ClimateView, Kognic, Mavenoid, Pactum, Varjo, DappRadar and Ready Player Me. To date, NordicNinja has made 20 investments, three of which have achieved unicorn status. Half of the first fund’s investments are in mobility and transportation.

Founded in 2019, NordicNinja unites former founders, operators, and engineers turned investors from Northern Europe and Japan.

The Managing Partners are:

  • Tomosaku Sohara
  • Marek Kiisa
  • Shinichi Nikkuni
  • Rainer Sternfeld

The partners have also been significant angel investors, co-founding the Superangel fund, and managing a Japanese clean energy investment fund. Between them they have made more than 80 partner-level investments and over 20 angel investments globally.

  • NordicNinja is an Article 8 fund under the Sustainable Finance Disclosure Regulation – a fund that promotes “environmental or social characteristics” and which invests in companies that “follow good governance practices.”

VCWire

13/09/2023