A Symphony of Innovation: New York-meets-Warsaw VC Fund Joins Forces with Japanese Partner to Uncover European Startups

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Introduction:

In a splendid symphony of collaboration, ff Venture Capital (ffVC), renowned for backing successful startups like Socure and Cornerstone OnDemand, embarks on a new venture. Their latest creation, the "ff Red & White" fund, is set to support and empower Central European startups. With an initial closing of €32 million and a target of €60 million, this extraordinary partnership with JBIC IG Partners aims to harmonize the realms of enterprise software, industrial tech, and sustainability transformation.

Details:

Fusion of Expertise: The New York-and-Warsaw-based ffVC brings forth their remarkable track record to focus on Series A and late seed investments. Their discerning eye seeks out startups addressing critical areas such as enterprise software, industrial tech, and sustainability. This union showcases a unique blend of expertise from both sides of the Atlantic.

Japanese Partnership: Enchantingly, ffVC's collaboration with JBIC IG Partners, a distinguished Japanese investment advisory firm, enriches their endeavor. With the support of Japanese multinational corporations and the Japan Bank for International Cooperation (JBIC), this partnership further solidifies the fund's potential for success.

Seeking Central European Gems: The ff Red & White fund aims to discover and nurture exceptional Central European startups. By leveraging their expertise in areas like supply chain management, energy shortages, inflation control, and carbon emissions reduction, these startups will unlock their true potential with the fund's backing.

Bridging Continents: The arrival of Masayuki Ohta and Taro Hizume, esteemed partners from JBIC IG Partners, to Warsaw signifies the fund's commitment to building strong connections. With a physical presence on both sides of the Atlantic, ffVC aims to forge a new bridge between Europe and Japan, fostering collaboration and growth.

Expanding CEE Focus: Building upon their successful launch of a Central and Eastern European (CEE)-focused fund in 2020, ffVC has grown its portfolio to include nearly 20 European companies. The new "ff Red & White" fund will primarily concentrate on startups from Germany, Austria, Poland, Czechia, Slovakia, Romania, and Hungary.

Global Prowess: Since its establishment in 2008, ffVC has emerged as a global powerhouse, with a portfolio of over 90 companies and a remarkable track record of successful exits. Their extensive experience and network add an extra layer of confidence to this groundbreaking collaboration.

Conclusion:

As ff Venture Capital launches the "ff Red & White" fund, a splendid harmony resonates across continents. With their sights set on Central European startups and the support of their Japanese partners, ffVC continues to be at the forefront of innovation and investment. This unique collaboration creates a compelling platform for startups to thrive and establishes a bridge connecting Europe and Japan in their shared pursuit of technological advancements and entrepreneurial success.

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