# NordicNinja (JB Nordic Fund I): portfolio, investments and team > NordicNinja (JB Nordic Fund I) is a vc firm based in Finland. 7 investments on record, 2 in the last 12 months, latest Apr 2026. Source: https://millionrounds.com/fund/nordicninja (Millionrounds; every figure on the page links to its filing or article) Finland · [Investor](https://millionrounds.com/investors) # NordicNinja (JB Nordic Fund I) Last cheque observed Apr 2026; 7 cheques on record. Email Deploying now New fund, Sept 2023 VC firm Series A Follow NordicNinja (JB Nordic Fund I) and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fnordicninja) Deploying now **67%** of best year **2** **cheques in 12 months**, 7 on record Since the last cheque **213** days **00** hrs **00** min **00** sec Median round **$23M** Cheque size, as they say **$2.2M – $8.9M** Rounds led **6 of 7** Mostly in **United Kingdom, 29%** Pitch NordicNinja (JB Nordic Fund I) ## NordicNinja (JB Nordic Fund I) highlights - 01 2 cheques in the last 12 months - 02 Mostly Series A and Seed: 83% of its rounds - 03 Led 6 rounds ## What they do - **Type:** VC firm (from a list, unverified) - **Cheque size:** $2.2M – $8.9M as they say - **Stages:** Series A - **Based in:** Finland - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **7 appearances** - **2026** 2 rounds - **Apr** **[RedpineAI](https://millionrounds.com/company/redpineai)** Seed · SE · NordicNinja (JB Nordic Fund I) **$8.0M** *Led* - **Mar** **[Photoncycle](https://millionrounds.com/company/photoncycle)** Series A · NO · NordicNinja (JB Nordic Fund I) **$17M** *Led* - **2025** 2 rounds - **Jul** **[Lightyear](https://millionrounds.com/company/lightyear)** Series B · GB · NordicNinja (JB Nordic Fund I) **$23M** *Led* - **Jan** **[SEEQC](https://millionrounds.com/company/seeqc)** Series A · US · NordicNinja (JB Nordic Fund I) **$30M** *Led* - **2024** 2 rounds - **Nov** **[Tozero](https://millionrounds.com/company/tozero)** Seed · DE · NordicNinja (JB Nordic Fund I) **$12M** *Led* - **Mar** **[Griffin](https://millionrounds.com/company/griffin)** Series A · GB · Firms' own news pages **$24M** *Led* - **2019** 1 round - **Nov** **[MaaS Global](https://millionrounds.com/company/maas-global)** FI · News **$60M** With 3 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **7** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What the register says From the firm's own filings with the SEC, which it must file accurately by law **2+** funds on file numbered funds in its name New fund on file **Raised** a new fund in Sept 2023 From its SEC filing, not a journalist: a firm that has just raised has money to deploy. ## The cheque Series A Median round joined **$23M** the round, not its cheque Led 6 of 7 rounds **86%** - **Said size:** $2.2M – $8.9M - **Sole investor:** Never alone - **Last cheque:** Apr 2026 Rounds by stage said on their site - Series A said *3* - Seed *2* - Series B *1* Cheques by month Led Joined Nov 2023 Oct 2026 Often in the room with - [EQT Ventures](https://millionrounds.com/fund/eqt-ventures) 2 - [Luminar Ventures](https://millionrounds.com/fund/luminar-ventures) 2 **Pitching NordicNinja (JB Nordic Fund I)?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as NordicNinja (JB Nordic Fund I). A count of rooms they were both in, not a relationship either has claimed. [**EQT Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/eqt-ventures)[**Luminar Ventures** VC firm **2** rounds together](https://millionrounds.com/fund/luminar-ventures) ## Recently backed The latest companies NordicNinja (JB Nordic Fund I) put money into. [**Photoncycle** $17M · Mar 2026](https://millionrounds.com/company/photoncycle)[**Lightyear** $23M · Jul 2025](https://millionrounds.com/company/lightyear)[**Tozero** $12M · Nov 2024](https://millionrounds.com/company/tozero)[**Griffin** $24M · Mar 2024](https://millionrounds.com/company/griffin) ## Quick answers about NordicNinja (JB Nordic Fund I) ### What does NordicNinja (JB Nordic Fund I) invest in? NordicNinja (JB Nordic Fund I) invests most often at Series A and Seed (83% of the rounds on record). ### How active is NordicNinja (JB Nordic Fund I)? 7 investments on record, 2 of them in the last 12 months, and it led 6. The most recent was in Apr 2026. ### What has NordicNinja (JB Nordic Fund I) invested in recently? Its most recent investments on record: RedpineAI (Seed, Apr 2026), Photoncycle (Series A, Mar 2026) and Lightyear (Series B, Jul 2025). ### How big are NordicNinja (JB Nordic Fund I)'s cheques? The median round it joins is $23M. It says it writes cheques of $2.2M to $8.9M. ### Does NordicNinja (JB Nordic Fund I) lead rounds? Yes: it led 6 of its 7 investments on record (86%). ### Where does NordicNinja (JB Nordic Fund I) invest? Most of the companies it backs are in the United Kingdom (29%), Sweden (14%) and Norway (14%). ### Is NordicNinja (JB Nordic Fund I) investing now? Yes: it is actively investing, with 2 investments in the last 12 months. ### Who does NordicNinja (JB Nordic Fund I) invest alongside? Most often EQT Ventures (2 rounds together) and Luminar Ventures (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=nordicninja) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=nordicninja)