BaltCap about to establish a new €100m venture capital fund focusing on the Nordic and Baltic region
BaltCap together with JBIC IG Partners, a Japanese government backed private equity and venture capital firm, will establish a new €100m fund focusing on venture capital investments in the Nordic and Baltic region.
JB Nordic Ventures, 50/50 joint venture between BaltCap and JBIC IG, will focus on early stage investments into ICT/Deep Tech sectors, including Autonomous Mobility, Digital Health, AR/VR/MR, Artificial Intelligence, Robotics and IoT.
The fund investors will include large Japanese technology corporations like Honda, Omron and others. The Fund will utilize global network in Tallinn, Stockholm, Helsinki and Tokyo and plans to start operating in Q1 2019.
“We are very pleased to see that the Nordic-Baltic region has emerged as one of the hottest venture capital areas in the world and we are excited to begin this new venture together with highly reputable Japanese investors,” says Peeter Saks, Managing Partner of BaltCap.
Additional information:
Peeter Saks
Managing Partner
Phone: +3726650285
peeter saks@baltcap.com
www.baltcap.com