Forty. 5 Ventures closes $30 million inaugural fund

Forty. 5 Ventures has closed its inaugural $30 million fund targeting pre-seed and seed-stage companies. The firm intends to focus primarily on founders in Southeastern Europe, while also selectively investing in startups within the United States and the Asia Pacific region.

Investment areas include vertical AI, fintech, cybersecurity, gaming, sports, media, and creator economy infrastructure. Initial investments are expected to range between $200,000 and $1 million. The firm maintains offices in Belgrade, Los Angeles, and Singapore to facilitate the expansion of Southeastern European companies into global markets.