Japanese VC NordicNinja closes €200 million fund to back European startups tackling carbon footprint
Summary
NordicNinja, one of the largest Japanese VC in Europe, has announced a second €200 million fund to continue investing in climate tech and deeptech that create a more equitable, sustainable future. NordicNinja invests in building 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. Founded in 2019, NordicNinja is a team with a global mindset that unites world-class former founders, operators, and engineers turned investors from Northern Europe and Japan. Companies that we invested in are taking action today to deploy new solutions to reverse this trend – such as Einride, which enables a new freight system that is fully electric, autonomous, and able to decrease their clients’ emissions by up to 95%.” NordicNinja believes that the global leaders needed to drive the transition to a more sustainable world are to be found in Northern Europe – thanks to the region’s legacy in digital innovation and billion-dollar company building. In Fund I, it invested in technologies from self-driving electric trucks to climate action toolkits for cities, from AI-driven identity verification to AI alignment platforms, from mixed reality headsets training astronauts for their Mars mission to end-to-end transparency of sensitive supply chains.