ff Venture Capital, a New York- and Warsaw, Poland-based venture capital firm, has launched ff Red & White, a new €60m fund.
Partnering with JBIC IG Partners, a Japanese investment advisory firm, ff Red & White has already secured the majority of its targeted capital from investors, including several Japanese multinational corporations and the Japan Bank for International Cooperation (JBIC), Japan’s policy-based financial institution.
The vehicle will focus on Series A and late seed investments in startups from Germany, Austria, Poland, Czechia, Slovakia, Romania and Hungary, tackling the most pressing challenges facing enterprises and society, in areas such as enterprise software, industrial tech, and sustainability transformation.
Alongside ffVC’s US networks, the new fund’s corporate Japanese investors provide access to collaborative opportunities with Japan-headquartered global corporations, allowing them to commercialise their industrial enterprise solutions anywhere in the world.
The firm has also appointed two new Japanese partners, Masayuki Ohta and Taro Hizume, both from JBIC IG Partners, who will relocate to Warsaw to reinforce ffVC’s new Japanese bridge.
Founded in New York in 2008, ff Venture Capital has invested in over 160 companies with over 90 active today, including over 30 exits. Notable portfolio startups include Socure and Cornerstone OnDemand.
FinSMEs
02/06/2023