Berlin pre-seed VC (2020-2024). Originally launched as Rocket Internet's pre-seed arm but operated at arm's length (Rocket branding deliberately absent from Flash's public materials). Multi-sector: fintech, logistics, SaaS, e-commerce, IoT, web3. First cheques $500k-$1M, sweet spot $1.5M, range $100k-$5M with follow-ons. ~30 portfolio companies (Tranch, Spenmo, Everstox, Voly, Hivebound, Fuzey, others). Sole confirmed exit: Tranch, acquired by Elite (legal-tech) Jan 2025. Closed 2024; founding MDs Johann Nordhus Westarp, Srećko Džeko, Yash Zaveri spun out to launch Lucid Capital.