Fly Ventures
VC
2016
$119 M
Berlin, Berlin, Germany
Profile
Fly Ventures is a venture capital firm based in Berlin, Germany, founded in 2016. The firm is led by a team of six professionals, including partners Fredrik Bergenlid and Gabriel Matuschka, who bring experience from firms like Partech. Fly Ventures is known for its focus on technical founders and its willingness to invest in early-stage companies that others might overlook.
The firm primarily invests in early-stage to seed-stage companies across Europe, with a particular focus on the technology sector, including AI, fintech, and enterprise software. Fly Ventures typically makes first-check investments and has a track record of its portfolio companies raising significant follow-on funding. The firm manages multiple funds, including Fund I with $40 million AUM and Fund III with $80 million AUM.
Notable investments by Fly Ventures include Dialpad - a communications platform, Wayve - an autonomous driving technology company, and Fernride - a logistics automation firm. The firm has seen several successful exits, including mergers and acquisitions, and continues to actively seek new investment opportunities.
Industry
Fly Ventures Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Fund I
|
Venture Capital (VC)
|
Financial Services
Fintech
Healthcare Services
Robotics
SaaS
Security
Software
HealthTech
|
Pre-seed
Seed
|
Europe
|
$5-10 m
|
$40 M
|
December 2021
|
|
Fund III
|
Venture Capital (VC)
|
Healthcare Services
Robotics
SaaS
Security
Software
Energy
CleanTech
HealthTech
|
Pre-seed
Seed
|
Europe
|
$5-10 m
|
$80 M
|
December 2024
|
