Fund profile / Germany

Cherry Ventures (V)

Geography: Germany
Stage: Seed
Fund size: $500M
Focus: AI/ML, Climate & Sustainability and SaaS
Signals: Published

N°01 / About

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.

N°02 / Thesis

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

deep tech frontier

frontier infrastructure

regulatory constraint solving

professional services automation

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

Dash0 $100M Series B, $1B valuationsocial

Moss $50M Series C, $1B+ valuationsocial

Proxima Fusion $470M Series A, $2.7B valuationsocial

Exploration Company $450M Series C, $2B valuationsocial

Contentful acquired by Salesforce — major exitsocial

Four new unicorns, two exits in monthssocial

Integral €18M Series A, doubled professional capacitysocial

Integral: 50% clients fully automated, weeks to hourssocial

Integral co-led by Mosaic, Reid Hoffman backingsocial

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

Operations1 majority stake — non-lead modelsocial

Professional services not pure B2B SaaS playsocial

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)

Go for $1B+ valuations, unicorn trajectory

Start in hardest market — prove regulatory mastery first

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

49 signals on Cherry Ventures (V)

28 bullish · 6 contrarian · 8 pitch do's · 3 don'ts · 4 GP profiles, each with its source. From €9/month, cancel anytime.

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Facts

Fund Overview

Fund Size$500M

Saves0

Website

People

Key People

Filip Dames, Christian Meermann

Filip DamesPartner

Dinika MahtaniPartner

Sophia BendzPartner

Alexander Langholz-BaikousisPartner

Backers

Known LPs

KfW CapitalPublic / State institution

N°04 / See also

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