NordicNinja

NordicNinja NordicNinja is the largest Japan-backed VC focusing on Europe, managing €250M across two funds. €101M for Fund I and €200M for Fund II (closed 2023). The firm is a Japanese-European joint venture between JBIC IG Partners (a Tokyo PE firm) and BaltCap, founded in 2019. Series A is the core stage, with check sizes of €2.5-10M and a sweet spot around €5M. The thesis centers on sustainable and digital society, and 70% of investments now go into deep tech and AI. doubled since 2023, a r