Fly Ventures Overview

Fly Ventures is a Berlin-based venture capital firm specializing in early-stage investments in European startups within enterprise and deep tech sectors. Founded in 2016 by Gabriel Matuschka and Fredrik Bergenlid, the firm operates with an equal-GP model across offices in Berlin, London, Paris, and Zurich. Fly Ventures focuses on backing technical founders from day zero to seed stage, typically investing between €1 million and €4 million in funding rounds ranging from €2 million to €10 million. Their portfolio includes companies like Wayve, Lakera, and Orbital Materials, with over 60% of their portfolio companies securing follow-on funding from US or tier 1 European VCs.

Is Fly Ventures the right investor for your startup? Browse their investment focus, stage preferences, and geographic scope to see how well they align with your fundraising goals. Your full match score with Fly Ventures, along with a list of other relevant VCs, is available on Hopohopo.io.

Fly Ventures

VC Fund

Investment focus

Invest in

  • Baltics
  • Nordics
  • Western Europe
  • Southern Europe
  • Central Eastern Europe

Product type

  • Software
  • Software-enabled hardware

Investment role

Lead and follow

Stages

Seed

First ticket size

€1,000,000 - €4,000,000

How to approach funds like Fly Ventures

When reaching out to Fly Ventures, founders should highlight their technical depth and the defensibility of their solution, especially if leveraging proprietary technology or novel approaches in enterprise or deep tech. Demonstrate clarity on the market pain point and how your team’s technical expertise uniquely positions you to solve it. Fly values founders who can articulate a clear path from technical innovation to commercial traction, and who are prepared to engage in a collaborative, hands-on partnership from the earliest stages.

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