NordicNinja VC’s Post

We’re glad to announce our latest investment - and our first one in the Netherlands🇳🇱 - we led a new €6.5 million funding round into VSPARTICLE! 🎉 VSParticle is accelerating the development of advanced materials from years to weeks. VSP’s revolutionary technology enables materials to be broken down to the size of nanoparticles and produced at the push of a button, allowing university researchers and commercial R&D teams to experiment to create new materials that will power next-generation products. There is no greater impact that the discovery of new materials will have than in the race to net zero. 🌎🌱 The new funding round is joined by the existing investor Plural Platform and brings the total raised capital to $23.5 million. The investment will be used to scale up production and reach new markets, including Japan and industrial customers. Rainer Sternfeld, Partner at NordicNinja: “VSParticle’s technology is transforming material innovation and, combined with AI, this will be the basis of world-changing discovery and synthesis over the next few years and decades. We’re delighted to be supporting the impressive VSParticle's team to capitalise on the drive to scale the development of green hydrogen. We can’t wait to see what they achieve next.”    Taiga Ueta, Senior Associate at NordicNinja: ‘VSParticle has tremendous potential to revolutionise the discovery and production of new high-performing materials. These new materials will help in solving the many challenges that people are facing across de-carbonization and the use of precious metals. NordicNinja, as the largest Japanese fund in Europe, believes that given Japan’s history in manufacturing, Japan represents a huge potential market for VSParticle.’ If you’re interested in learning our technology to supercharge material discovery or want to learn more, please get in touch.

Great news from Griffin!! 👏 Announcement here: https://lnkd.in/dMRi6PDc w/ comments from our Jesse Saarela and Marek Kiisa.

Earlier this week, we welcomed LiveEO, a Berlin-based Earth Observation company founded by Sven Przywarra and Daniel Seidel, to the NordicNinja VC family. In 2023, LiveEO tripled its growth by providing critical infrastrutcure operators: 🛰 AI-powered actionable insights using satellite data and proprietary algorithms 🤖 Automated task management for vegetation risk, fires, and supply chain risks 📊 World-class analytics and integrations with ERP & GIS systems Used by customers from Europe, US, Japan and Australia, to detect and respond to critical events in real-time, the platform also comes with predictive monitoring and environmental risk management capabilities. With this investment, LiveEO will be able to deliver products like TreeLine and SurfaceScout to more customers around the world and expand its offering to meet increasing customer demand. One such new product is TradeAware, delivering reliable deforestation risk assessment, seamless system integrations, and thorough legal verification. We at NordicNinja are looking forward to working with LiveEO’s world-class team to make sure critical infrastructure is safe and well maintained for all of our benefit. https://lnkd.in/e3SVfr8N

We're excited to lead LiveEO’s €25M Series B funding round together with DTCF | DeepTech & Climate Fonds. The funds will be used to scale LiveEO AI-powered satellite data for actionable insights to help critical infrastructure operators manage climate risks. LiveEO is also our first investment in Germany. We are impressed with LiveEO founders Daniel Seidel and Sven Przywarra, who have built a world-class international team, and we look forward to working with other existing investors, including Matterwave Ventures, MMC Ventures and Greencode Ventures. LiveEO unlocks the full potential of satellite data to provide continuous asset monitoring, helping critical infrastructure operators and others to manage climate risks and third party interactions. The Berlin-based company has large customers from around the world, including North America, Europe, Japan and Australia. For example, LiveEO is trusted by Europe’s largest railway operator, Deutsche Bahn to safeguard its assets, helps a Nigerian pipeline operator tackle oil theft and reduce million-dollar losses and helps to curb illegal logging in Moldova. Other notable customers include E.ON, Iberdrola, and Network Rail, just to name a few. We see great potential in LiveEO becoming the leading automated platform for solving critical problems across industries, and driving a more sustainable future. Link to Axios exclusive coverage by Katie Fehrenbacher in the comments. #DeepTech #ClimateAction #Sustainability #SatelliteData #AI

Tomorrow our Jesse Saarela will join the panel at the Global Tech Innovator event by KPMG Finland! We are looking forward to this sold out event and best of luck to all the teams pitching! https://lnkd.in/d42Rk5vM

We're glad to see Pactum AI successfully enter the Japanese market! 👏🇯🇵

We're excited to lead Onego Bio's $40M funding round to manufacture egg protein entirely animal-free with a highly scalable precision fermentation process. Congrats CEO Maija Itkonen, Christopher Landowski, and the whole team for the great work!! 👏 Users of egg ingredients, as well as the egg industry itself, will greatly benefit from this bioidentical ingredient that offers price and performance parity while boasting a 90% lower environmental footprint and the capacity for large-scale production. Onego's product Bioalbumen® provides the nutritional and functional upsides of egg protein, without the environmental, ethical and safety-related drawbacks. Their manufacturing method stabilises the egg supply chain and increases food security. “Onego Bio is taking all the right steps to commercialize in record time. They are a next-generation precision fermentation company, with a clear path to industrialization, go-to-market, and profitability. With technology that is designed to scale and such a strong team, they really stand out.” says Tomosaku Sohara, Managing Partner, NordicNinja. “In less than two years, Onego is already working with major global food companies and is staged to disrupt the $330 billion egg market and create system level change, accelerating the green transition.” NordicNinja’s Principal Claes Mikko Nilsen adds: Onego is well placed to scale successfully, due to its highly experienced team who bring globally leading research expertise, and extensive experience in scaling companies from startups to large corporations, to this company. We couldn’t be more thrilled to be part of this journey.” Eggs are critically important in the global food system due to functional and nutritional properties; yet the egg market and supply chains are in crisis because of the cage-free requirements and avian flu. Onego Bio will manufacture egg protein entirely animal-free with our highly scalable precision fermentation process using the patented Trichoderma reesei platform. The funds will be allocated towards commercial manufacturing and introducing the product to food customers. The round is done together with Agronomics Limited, Maki.vc, Tesi, EIT Food, Business Finland among others. Read more from TechCrunch here: https://lnkd.in/dzSxQyVh #Investment #Startup #Onego #foodtech