Surge of Japanese Capital Into European Startups
Japanese investors are stepping up their involvement in Europe’s innovation scene, channeling an estimated €33 billion into startups since 2019. The findings, released in a joint analysis by Dealroom and NordicNinja, reveal a growing trend of Japan-based funds and corporations seeking opportunities abroad. This outward push reflects both a search for stronger returns and a desire to tap into Europe’s expanding base of technology-driven enterprises.
Deep-Tech and AI Ventures at the Forefront
Investments from Japan are increasingly directed toward deep-tech pioneers working on robotics, quantum systems, and advanced materials, alongside artificial intelligence and sustainable technology startups. These sectors align with Japan’s long-term industrial priorities and its pursuit of innovation partnerships. NordicNinja, a venture capital firm supported by Japanese institutions, has played a key role in linking investors from Japan with emerging European tech leaders, particularly in Northern Europe.
Europe’s Policy Support Strengthens Investor Confidence
Countries such as the United Kingdom, Germany, and France have benefited most from the surge of Japan-linked capital, bolstered by world-class research ecosystems and targeted government incentives. A €1.4 billion European Union program introduced in 2024 to advance deep-tech innovation has further enhanced the continent’s global standing. For Japanese investors, Europe represents a compelling mix of technological ambition, scientific excellence, and access to markets driving the next wave of industrial transformation.

