ff Venture Capital (ffVC), the New York and Warsaw-based international venture capital firm, announced that it launched ff Red & White, a new EUR 60 mln fund to support startups in Central Europe, including Germany, Austria, Poland, Czechia, Slovakia, Romania and Hungary.

The fund will focus on Series A and late seed investments in startups tackling the most pressing challenges facing enterprises and society in areas such as enterprise software, industrial tech, and sustainability transformation.

Partnering with JBIC IG Partners, a Japanese investment advisory firm, the fund 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.

ff Red & White is a global joint venture with JBIC IG Partners.

iulian@romania-insider.com

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