The Fund

Your portfolio is your thesis

As company builders, we know ideas are a dime a dozen and execution is what sets winners apart from the rest. 

Combining Nordic innovation and Japanese networks, we invest in companies creating the world we want to live in.


It’s the execution
that sets winners
apart from the rest.








Target Region

Northern Europe

Focus stage

Series A/B

Investment size


Focus Industry

Deep tech | Sustainability | Digital Society

Questions & Answers

What kind of companies are NordicNinja looking for?

From self-driving electric trucks to AI-driven identity verification; from brain scan analytics predicting Alzheimer’s to mixed reality headsets training astronauts for their Mars mission; from seamless urban mobility to end-to-end transparency of sensitive supply chains, NordicNinja is searching for #1 teams in the world who are based in Northern Europe and contributing to a more sustainable and digital society.

Find out who to contact here.

What kind of investments has NordicNinja make? 

From its first €101 million Fund I launched in 2019, NordicNinja has made tens of investments, three of which have achieved unicorn status, with a handful showing similar potential.

The portfolio includes companies that transformed industries including Bolt, Einride, Veriff, Voi, Starship, ClimateView, Kognic, Mavenoid, Pactum, Varjo, DappRadar and Ready Player Me.

Half of the first fund’s investments are in mobility and transportation – an area with a massive carbon footprint, as well as inefficiency and poor user experience.

Who works at NordicNinja?

The NordicNinja team

NordicNinja is a team with a global mindset that unites world-class former founders, operators, and engineers turned investors from Northern Europe and Japan. With engineering backgrounds and long-standing experience in green energy, the partners have a wealth of experience.

The team has significant experience from angel investing and managing a Japanese clean energy investment fund. They have made more than 80 partner-level investments and over 20 angel investments globally.
You can read more about the Team here.

NordicNinja is an “Article 8 fund”, what does it mean?

NordicNinja’s second fund launched in 2023 is an Article 8 fund under the Sustainable Finance Disclosure Regulation – a fund that promotes environmental or social characteristics and invests in companies that follow good governance practices.

What is the best way to reach out to the NordicNinja team?

The NordicNinja team aims to build long-term relationships. You can find our team members to reach out to here or send an email reaching the whole team here: hello(at)

And finally, what’s the story behind NordicNinja?

The story goes back to 2019, when a global venture was set to feed Japan’s hunger for digital innovation. NordicNinja VC was established to operate locally to invest in the most promising technology companies and scale these internationally.

Read more about our story.


Linking Japanese passion towards
northERN European tech

Japan has a budding startup ecosystem, yet not big enough to feed the market’s hunger for digital innovation.

Northern Europe, especially the Nordics and the Baltics have been at the forefront of digitalization, has a thriving startup ecosystem, and has become a hotbed for international talent.

NordicNinja was therefore launched as a joint partnership between JBIC IG Partners from Japan and BaltCap based in Europe. With our family of global Japanese experts, including several large enterprises from Japan, and the Japan Bank for International Cooperation (JBIC), the NordicNinja team helps Northern European startups scale globally.

A quick question before submission?

Feel free to give us a ping through Whatsapp, soon answered by our team.

You can also reach us at or contact any of the Ninjas directly.