Cherry Ventures (V)

Germany
Seed
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About Cherry Ventures (V)

Cherry Ventures (V) is a venture capital firm based in Germany, focusing on Seed stage investments. The fund actively supports founders building innovative solutions in AI/ML, Climate & Sustainability, SaaS, providing strategic guidance and capital to help startups scale.

Investment Focus

Location / RegionGermany
Funding StageSeed
Industry Focus
Ai Ml
Climate Sustainability
Saas

Investor Signals Profile

active

Sweet Spot

Technical European founders building AI-native, agent-first B2B software

AI agents
open source
developer tools
data infrastructure
Generative UX
outcome-based SaaS
clean energy / climate
Europe-first
AI coworkers

Bullish Signals

Portfolio co launches open-source AI agent toolexternal
31% accuracy gain, 70% cost reduction benchmarkexternal
€500M raised, targeting Europe's first $1T coexternal
16 new portfolio cos in 2025 aloneexternal
€1B follow-on raised by portfolio in 2025external
4 exits in 2025external
Plato $14.5M seed — led by Atomicoexternal
Co-Power seed led by Cherry — energy infraexternal
Entire launches repo agent platform, open sourcesocial
Proxima Fusion €411M raises, now €2.4B valuedsocial
Dash0 founder: founder-led sales essential at scalesocial
Plato flags churn, surfaces upsells, automates workflowssocial
35 events across 14 cities, 5 new team memberssocial
Tellidot raised $15M for AI customer ops platformsocial
Heywa Labs $5M seed, London generative UX startupsocial
Ben Series B $27.5M (Mercia, Atomico co-led)social
Kiku €4M to redefine frontline conversational hiringsocial
Swap adds CFO/CTO/SVP — scaling to 10K merchantssocial
Black Forest Labs: Martin Scorsese as advisorsocial

Contrarian Signals

Portfolio exit via acquisition (Rows → Superhuman)external
Broad thesis: energy + edtech + AI agentsexternal
Backing non-SaaS: fusion (Proxima), conversational hiring (Kiku)social
Backing celebrity advisors (Scorsese at BFL)social

Founder Do's

Build open source with clear benchmarks
Show cost + accuracy improvements
Focus on agent-native infra
Think first principles on new interaction paradigms
Target large legacy markets with AI overlay
Hire world-class operators early (CFO/CTO/product leads)

Founder Don'ts

Don't pitch incremental SaaS — outcome-based required
Don't ignore Europe-first narrative
Don't skip founder-led sales at early stage

Key GPs & Partners

FD
Filip Dames
Partner
thought leaderSaaS-nativeEurope-focused
DM
Dinika Mahtani
Partner
Generative UXmedia-visibleEurope advocate

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Fund Overview

Fund Size$500M
Saves0

Key People

Filip Dames, Christian Meermann

Filip DamesPartner
Dinika MahtaniPartner

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