NordicNinja VC

NordicNinja VC is a new venture capital fund supporting scale-up goals in the New Nordics. They are a venture capital firm with over 100 million euros to supporting scale-up goals in the Nordic and Baltic region.

Shinichi Nikkuni

Managing Partner

Claes Mikko Nilsen

Investment Director

Ryo Ota

Associate

Jesse Saarela

Principal

Tomosaku Sohara

Managing Partner

Rainer Sternfeld

Managing Partner

Taiga Ueta

Associate

22 past transactions

Starship

Series B in 2022
Starship Technologies, Inc. designs and manufactures self-driving delivery robots for local goods delivery, including parcels, groceries, and food. Founded in 2014 and headquartered in London, with a research and development center in Estonia, the company aims to revolutionize the delivery landscape by providing autonomous robots that operate safely and efficiently. These robots can autonomously navigate 99% of the time, enabling curb-side deliveries from local hubs within 30 minutes. Equipped with advanced sensors such as cameras and GPS, Starship's delivery solutions are intended to be environmentally friendly and cost-effective, significantly enhancing convenience for consumers. By partnering with stores and restaurants, Starship Technologies facilitates a new era of instant deliveries that align with customer schedules, ultimately striving to make local delivery more accessible and affordable.

Kognic

Series A in 2022
Kognic is a company focused on the autonomous vehicle industry, specializing in analytics and annotation platforms designed to enhance the performance of perception systems. Founded in 2018 and based in Gothenburg, Sweden, Kognic combines modern data infrastructure with the safety requirements essential for developing and validating advanced driver-assistance systems (ADAS) and autonomous driving (AD) functions. The platform enables effective management of cloud-based data, allowing users to track and measure key performance indicators critical to ensuring vehicle safety and operational efficiency.

Wolf3D

Series A in 2021
Wolf3D specializes in creating realistic 3D avatars for virtual and augmented reality applications, utilizing advanced 3D scanning technology that can be accessed via smartphones. Founded in 2014 and based in Tallinn, Estonia, with an additional office in Los Angeles, the company aims to enhance interpersonal connections in virtual environments. Wolf3D has deployed its scanning technology in various public venues, including airports and museums, allowing individuals to create custom avatars for use in gaming and other immersive experiences. In addition to gaming, the company's solutions cater to multiple industries, contributing to advancements in 3D printing and custom mannequin creation.

Voi

Series D in 2021
Voi Technology is a provider of mobility services specializing in electric scooters for urban commuters. Founded in 2018 and headquartered in Stockholm, Sweden, the company aims to create a network of electric scooters to offer an affordable and sustainable commuting option. Voi's services are accessible through a mobile application, enabling users to rent scooters conveniently with options for day passes or monthly subscriptions. By promoting the use of electric vehicles, Voi seeks to help individuals reduce their carbon footprint and contribute to more sustainable urban transportation systems.

ClimateView

Series A in 2021
ClimateView AB, founded in 2017 and based in Stockholm, Sweden, specializes in climate data solutions for cities and nations. The company has developed Climate Panorama, a software platform that aggregates and visualizes climate data, enabling cities to monitor greenhouse gas emissions effectively. ClimateView operates on principles of agility, focusing on visualization, collective intelligence, and transparency to address the complexities of climate change. Its tools are designed to assist urban planners and policymakers in making informed decisions to combat climate breakdown.

MaaS Global

Series B in 2021
They at MaaS believe it’s time for transport to move on and get smarter. As the world’s first ever mobility operator, they’re set to make the biggest change in transport since affordable cars came to market. Their aim is to provide people an alternative to owning a car – an alternative that is not just equally good, but much better. By fulfilling people’s every travel need, complemented by attractive value added services, they are enabling a future of easy, efficient and sustainable mobility.

DappRadar

Series A in 2021
DappRadar, founded in 2018, specializes in tracking decentralized applications (dapps) across various blockchains, including Ethereum, EOS, and TRON. The platform monitors over 2,900 dapps, ranking them based on metrics such as daily users and transaction volume, while also filtering out fake and irrelevant activity to provide accurate market intelligence. DappRadar's services enable users to explore, track, and manage their dapps effectively, offering insights into their crypto wallets, tokens, and NFTs. The company has secured funding, including a notable €2 million seed investment led by Naspers Ventures in 2019, to support its expansion and enhance its capabilities in the growing decentralized application market.

Einride

Series B in 2021
Einride AB is a freight mobility company that specializes in the transportation of goods using innovative technologies. Founded in 2016 and headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, Einride focuses on developing electric and autonomous logistics solutions. The company's flagship products include Einride Pods, which are electric trucks designed for transporting a variety of cargo, including pallets, timber, and perishable goods. Einride also provides clients with tools to plan, order, and track sustainable transport, aiming to redefine logistics through intelligent freight mobility solutions.

Voi

Series C in 2020
Voi Technology is a provider of mobility services specializing in electric scooters for urban commuters. Founded in 2018 and headquartered in Stockholm, Sweden, the company aims to create a network of electric scooters to offer an affordable and sustainable commuting option. Voi's services are accessible through a mobile application, enabling users to rent scooters conveniently with options for day passes or monthly subscriptions. By promoting the use of electric vehicles, Voi seeks to help individuals reduce their carbon footprint and contribute to more sustainable urban transportation systems.

Realeyes

Venture Round in 2020
Realeyes Data Services Ltd., an emotions research company, provides web-based facial expression measurement solutions for video advertisements. The company’s solutions enable users to read how people feel about their video advertisements using computer vision. It offers Tentpole Creative, Digital Content, Live Interaction, consumer insight, and creative performance. The company was founded in 2007 and is headquartered in London, United Kingdom with additional offices in New York, New York; Tokyo, Japan; and Budapest, Hungary.

Einride

Venture Round in 2020
Einride AB is a freight mobility company that specializes in the transportation of goods using innovative technologies. Founded in 2016 and headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, Einride focuses on developing electric and autonomous logistics solutions. The company's flagship products include Einride Pods, which are electric trucks designed for transporting a variety of cargo, including pallets, timber, and perishable goods. Einride also provides clients with tools to plan, order, and track sustainable transport, aiming to redefine logistics through intelligent freight mobility solutions.

Varjo

Series C in 2020
Varjo Technologies develops headset capable of both virtual and augmented reality. It uses that phrase with two meanings in mind. For one thing, the company’s headset offers resolution in the center of the screen that is good enough to hide individual pixels. But the headset’s display also mimics how human vision works in general. The high-density displays occupies the center of the field of view in headset, and surrounds by lower-resolution displays at the left and right edges. The company was founded in 2016 and is headquartered in Helsinki, Finland.

Voi

Series A in 2020
Voi Technology is a provider of mobility services specializing in electric scooters for urban commuters. Founded in 2018 and headquartered in Stockholm, Sweden, the company aims to create a network of electric scooters to offer an affordable and sustainable commuting option. Voi's services are accessible through a mobile application, enabling users to rent scooters conveniently with options for day passes or monthly subscriptions. By promoting the use of electric vehicles, Voi seeks to help individuals reduce their carbon footprint and contribute to more sustainable urban transportation systems.

Veriff

Convertible Note in 2020
Veriff OÜ is an online identity verification company based in Tallinn, Estonia, founded in 2015. The company offers a highly automated identity verification platform that helps businesses protect themselves and their customers from online identity fraud. By combining machine learning technology and expert manual checks, Veriff provides secure authentication services that facilitate the verification of various identity documents, such as drivers' licenses and passports. This approach enables commercial sectors to enhance fraud prevention and comply with regulatory requirements related to customer identity verification. Veriff’s platform aims to create trust between companies and their customers by ensuring reliable identity verification processes.

ZITICITY

Seed Round in 2020
Amazon raised consumer expectations to get items same-day. Soon it will be 1-hour. However, in Europe alone, 80% of e-commerce cannot offer same-day delivery. Every day businesses are losing revenue as 1 out of 4 customers abandons a shopping cart if same-day delivery is not available. ZITICITY found a scalable way to crowd-source delivery fleets in every major European city. The best part, businesses of any size can use these fleets and our technology to deliver packages in 42 minutes on average. 42 minutes! That is faster than Amazon Prime. ZITICITY is becoming the new standard for urban same-day and faster deliveries. Client profiles: food delivery companies, e-shops, grocery chains, traditional courier companies, pharmacies. Follow us as we become your favourite delivery company!

Logmore

Series A in 2020
Logmore Oy, founded in 2017 and based in Jyväskylä, Finland, specializes in the development and manufacturing of QR code data loggers designed for logistics condition monitoring. The company provides small, cost-effective data loggers that monitor temperature, humidity, and location, catering primarily to the pharmaceutical and food industries. Logmore's cloud service, Logmore Cloud, enables efficient data collection and management through a mobile application, allowing users to access vital information by simply scanning the QR code with any smart device. This system facilitates rapid data uploads, enhancing the monitoring process and helping businesses minimize waste and spoilage of sensitive products. With a pricing model starting at 12€ per year per data logger, Logmore aims to reduce data logging costs while improving operational efficiency across various industries.

Sensible 4

Series A in 2020
Sensible 4 is a Finnish technology company specializing in autonomous driving solutions that address the challenges posed by varying weather conditions. The company has developed a full-stack autonomous driving software capable of transforming any vehicle into a self-driving unit, utilizing data from multiple sensors to ensure safe operation in adverse weather, such as snowfall and fog. In 2022, Sensible 4 plans to launch its first commercial all-weather software product, Dawn, designed for SAE level 4 driverless last-mile shuttles. The company's innovative technology enables seamless operation without the need for lane markings, facilitating autonomous transportation for goods and people, including industrial transport and delivery vehicles. Founded by pioneers in autonomous vehicle development, Sensible 4 has received recognition for its advancements, notably winning the Dubai World Challenge for Self-Driving Transport in 2019.

Combinostics

Series A in 2019
Combinostics Oy is a Finnish company that specializes in the development and marketing of advanced tools for data-driven diagnostics, particularly in the area of neurodegenerative diseases. Founded in 2014 and headquartered in Tampere, the company offers software solutions designed to support clinical decision-making. Its product portfolio includes imaging biomarking solutions that facilitate the processing of MRI images, as well as the analysis of PET and CT images. These innovative tools aim to enhance diagnostic accuracy and efficiency in the medical field.

MaaS Global

Series B in 2019
They at MaaS believe it’s time for transport to move on and get smarter. As the world’s first ever mobility operator, they’re set to make the biggest change in transport since affordable cars came to market. Their aim is to provide people an alternative to owning a car – an alternative that is not just equally good, but much better. By fulfilling people’s every travel need, complemented by attractive value added services, they are enabling a future of easy, efficient and sustainable mobility.

Einride

Series A in 2019
Einride AB is a freight mobility company that specializes in the transportation of goods using innovative technologies. Founded in 2016 and headquartered in Stockholm, Sweden, with additional offices in Gothenburg and Palo Alto, Einride focuses on developing electric and autonomous logistics solutions. The company's flagship products include Einride Pods, which are electric trucks designed for transporting a variety of cargo, including pallets, timber, and perishable goods. Einride also provides clients with tools to plan, order, and track sustainable transport, aiming to redefine logistics through intelligent freight mobility solutions.

Bolt

Series C in 2019
Bolt Technology OÜ operates a transportation platform that offers ride-hailing, micromobility, and food delivery services. Founded in 2013 and headquartered in Tallinn, Estonia, Bolt provides a smartphone application that enables users to book taxis based on price and quality ratings, track drivers in real-time, and order services without waiting for a dispatcher. The company has expanded rapidly, serving over 50 million customers across more than 40 countries, including regions in Europe, Latin America, and Africa. Bolt aims to reshape urban mobility by promoting a future with reduced car ownership and enhanced flexible transport options, thereby contributing to decreased traffic congestion and pollution in cities.

Flexound Systems

Venture Round in 2019
Flexound Systems Oy, founded in 2013 and based in Espoo, Finland, specializes in the design and manufacture of innovative audio instruments. Initially developed as a therapeutic tool for children, the company's flagship product, Flexound® Xperience, combines high-quality sound with distributed vibration, enhancing the listening experience for users. Flexound's unique approach transforms ordinary music into an immersive experience, appealing to a broader audience beyond its original intent. The company sells its products in Finland, Norway, Denmark, and Germany, reflecting its growth ambitions and commitment to delivering engaging sound and feel experiences.