NCA is a venture capital firm and startup-corporate innovation platform backing B2B startups in Sweden and Germany. It focuses on B2B SaaS, AI, data, automation, commerce, logistics, construction and sustainability, with additional activity in PropTech and real estate software. Founded in 2017, NCA has backed 77 B2B startups through 2025 and works with corporate LPs on venture-client pilots, scouting, selection and portfolio support.