JETRO Global Connection -Accelerate Innovation with Japan-

Report
First Co-hosted Event by JETRO and Nordic Innovation House Tokyo, a Nordic Startup Support Organization

(Nordic region: Finland, Sweden, Norway, Iceland, and Denmark)
December 8, 2020

On November 26, JETRO and Nordic Innovation House Tokyo（NIH Tokyo） co-hosted an online seminar, “Nordic Digital Transformation (DX) and the New Japan,” to introduce the Nordic startups that are contributing to DX. It was the first online project co-hosted by JETRO and NIH Tokyo, and 60 people participated.

NIH is a startup community supported by the governments of the five Nordic countries: Finland, Sweden, Norway, Iceland, and Denmark. The community opened its fifth location in Tokyo in May 2020, following Silicon Valley, New York, Singapore, and Hong Kong.

In the World Digital Competitiveness Ranking 2020 released by the Switzerland-based International Institute for Management Development, which measures the level of digitization in countries, three Nordic countries (Denmark, Sweden, and Norway) ranked in the top 10. The Nordics also rank high in the World Intellectual Property Organization's Global Innovation Index , and the Nordic region leads the way in digitalization and the creation of innovation.

This time, seven Nordic startups that facilitate DX presented their pitches (in order of appearance):

ZOAN (Finland): ZOAN provides a full-stack virtual reality (VR) studio that offers high-quality VR and real-time 3D models.
FLEXOUND (Finland): Flexound develops sound systems utilizing augmented sound technology.
Logmore (Finland): Logmore provides solutions for monitoring the condition and quality of goods in a supply chain.
Contractbook (Denmark): Contractbook offers an electronic contracting platform for the creation, signing, and storage of legal documents.
ScanReach (Norway): ScanReach develops a wireless Internet of Things platform for ships and maritime facilities.
Top Data Science (Finland): Top Data Science researches and develops artificial intelligence, computer vision, and data analytics.
2N Health (Finland): 2N Health provides a telehealth platform.

JETRO has partnered with NIH Tokyo and is collaborating with them to promote open innovation between Japanese and Nordic companies, which is expected to become more active in the future.