TechCrunch Summary (2023-06-01 01AM)

Source: New New York-meets-Warsaw VC fund brings in Japan partner to hunt for European startups

Summary
New York and Warsaw-based VC fund ff Red & White has launched a new fund focusing on Central European Series A and late seed investments, having already raised €32m ($38m), with a goal of €60m. The firm has partnered with Japan’s JBIC IG Partners to secure multinational corporations based in Japan and the Japan Bank for International Cooperation (JBIC).

Fact

💰 – The ff Red & White fund has already raised €32m ($38m), with a goal of €60m

🏢 – The New York and Warsaw-based VC fund will focus on Series A and late seed investments in startups

📈 – The fund aims to find startups in Central Europe working on enterprise software, industrial tech, and sustainability transformation

🍃 – ff Red & White will focus on startups in Germany, Austria, Poland, Czechia, Slovakia, Romania and Hungary, seeking to reduce carbon emissions

🇯🇵 – The fund will partner with Japan’s JJIC IG Partners to secure multinational corporations based in Japan and the Japan Bank for International Cooperation (JBIC)

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