Investment into ff Red & White Venture Fund with Focus on Central and Eastern Europe: Accelerating Global Expansion in Medical Business

TOKYO, JAPAN – January 31, 2025 – DeNA Co. Ltd. announced the signing of an investment agreement regarding the Luxembourg venture fund ff Red & White, which was established by a joint venture of JBIC IG Partners and the venture capital firm ff Venture Capital sp. z o.o., located in Poland. 

ff Red & White is a fund that aims to provide economic returns to investing companies through investment in startups primarily in Central and Eastern Europe (Poland, Hungary, Czechia, Slovakia, Romania, Germany, and Austria) as well as to provide strategic partnership opportunities with startups that boast advanced technology and solutions in software and other areas. To date five Japanese companies as well as the Japan Bank for International Cooperation (JBIC) have invested in the fund. 

In Central and Eastern Europe there are many talented software engineers hailing from engineering universities with strong math and information engineering programs, etc., and for this reason multiple major Western tech companies have set up R&D locations in the region. Increasingly engineers who have built up experience in these major tech companies are choosing to become entrepreneurs. The area also includes Germany, one of the leading manufacturing powerhouses, and industrial automation technology is advanced. With all these factors, there are many startups that promise to contribute to the field of digital transformation (DX), including automation, remote operation, and labor-saving for industry and business activities. In turn, the technologies of these startups can be leveraged in a wide variety of fields, including industry, logistics, finance, and medicine. 

DeNA launched our Medical Business in 2022. The DeNA subsidiary Allm Inc. is proactively pursuing global expansion, including in the medical ICT business, which includes Join, a communication app for medical professionals. Allm also has an office in Germany. Through this investment, we aim to accelerate expansion in Central and Eastern Europe through the promotion of partnerships with startups that boast core competencies in the field of medical ICT as well as partnership with ff Red & White.
  

About Allm
Allm Inc. is a Japan-based company providing ICT mobile solutions, helping to eliminate disparities and inefficiencies in healthcare, while increasing the access to quality care and wellbeing for all. Allm is actively engaged in global expansion of its medical ICT business, which includes “Join,” a communication app for medical professionals, and provides solutions to a total of 32 countries. https://www.allm.net/

About DeNA
At DeNA (pronounced "D-N-A") we engage in a variety of businesses, from games and live communities to sports & the community and healthcare & medical, under our mission to delight people beyond their wildest dreams. Since our founding, DeNA has produced many businesses leveraging our passionate and enterprising employees and our technological capabilities. We develop and operate high value add services that capture customer needs through our usage of AI technology and our unique data analysis methods to maximize business value and solve problems. DeNA Co., Ltd. is listed on the Tokyo Stock Exchange (2432). For more information, visit: dena.com/intl/