ff Venture Capital, a New York and Warsaw-based firm, announced the launch of its Red & White fund with ~$64.2M for early-stage startups in Central Europe. The fund's liquidity partner is the Japan Bank for International Cooperation. The fund has a strategic plan of connecting European startups with Japanese corporations to tackle issues including population aging. - "With Japan, our strategic presence now extends to the world's three largest economies, barring China. That reach means we can source better deals, our portfolio companies can grow faster and we are able to create more exit options," said Mariusz Adamski, partner at ffVC.
- ffVC manages $15B in enterprise value across 90 companies in its funds and has had over 30 exits.
- The venture fund claims its startups are 5x more likely to raise a Series B than the average VC-funded startup.
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