Cherry Ventures Management

About The Fund

Cherry Ventures Management, established in 2012 and based in Berlin, Germany, is a venture capital firm that engages primarily in seed stage investments. They focus on building a dynamic portfolio across various sectors such as technology, internet and information technology, mobile, software, retail, and beyond. With over 130 companies backed, Cherry Ventures aligns itself with Europe's promising startup landscape, aiming to empower the growth of early-stage startups into successful, lasting companies. They have recently announced $500 million in new funds, signaling their robust commitment to innovation and entrepreneurial success in Europe. These funds are split between their flagship Early Stage fund and an opportunity fund targeted at supporting the most promising portfolio companies from Series B onwards. Cherry Ventures stands out for its deep operational experience, with investors who have been founders or key operators in companies such as Zalando, Spotify, and Uber. Their hands-on approach reflects in their investment philosophy and the comprehensive support they promise to their portfolio, including financial backing, strategic guidance, and access to an influential network. This network includes notable figures and existing investors such as Ilkka from Supercell, Miki from Wolt, and Jochen from Flix. Beyond funding, they champion a long-term vision where transformative innovation is prioritized, and ambitions are set high to create the first trillion dollar company in Europe, dispelling the 'doom and gloom' narrative around European tech. They emphasize collaboration between entrepreneurs, researchers, and policymakers to foster a robust tech environment in Europe. Industry-curious, Cherry Ventures supports diverse sectors including SaaS, mobility, gaming, space tech, and more, backing ideas that promise to address critical societal, environmental, and business challenges to create lasting futures. In terms of performance, Cherry Ventures boasts a graduation rate of over 80% from seed to Series A for its portfolio founders, highlighting their effectiveness and commitment as a partner in the startup ecosystem.