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Fly Ventures is a European first-check venture capital firm based in Berlin, investing from day zero to Seed in technical founders building AI, deep tech, infrastructure, robotics, and developer tools companies. Founded in 2015, the firm typically writes initial cheques of €1–4 million in rounds of €2–10 million.
Deal activity decreased year-over-year (4 deals in the last 12 months vs 7 prior). Their most common stage is seed (42% of deals). Average disclosed round size is $14.6M (across 34 rounds with reported amounts).
Portfolio
46
Fund Size
$85M
Top Stage
Seed
Last 12 Mo
4
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
57 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Orbital | Series B | $50M | May 2026 |
 CirqlOne | Seed | — | Apr 2026 |
 Zymtrace | Seed | $8.5M | Mar 2026 |
 GitGuardian | Series C | $50M | Feb 2026 |
| Orbital | Series B | $50M | Jan 2026 |
 GitButler | Series A | $17M | Jan 2026 |
 Orbital Industries | Series B | $50M | Jan 2026 |
 Remberg | Series A | — | May 2025 |
 Zendo | Pre-Seed | $2.1M | May 2025 |
 BandLab | Seed | — | Apr 2025 |
| EElea | Seed | — | Mar 2025 |
 Neuralk | Seed | $4M | Feb 2025 |
| NNeuralk-AI | Unknown | $4M | Jan 2025 |
 carbmee | Series A | — | Dec 2024 |
 Agemo | Pre-Seed | $4M | Nov 2024 |
 Lakera | Series A | — | Jul 2024 |
| Remberg | Series A | — | Jan 2024 |
 FERNRIDE | Series A | $31M | Jun 2023 |
 Insify | Series A | $10.7M | Jun 2023 |
 Insify | Series A | $10M | Jun 2023 |
 Pear Bio | Series A | — | May 2023 |
 Thynk | Series A | $13M | Apr 2023 |
 Inato | Series A | $20M | Mar 2023 |
 Cordless | Seed | $2.3M | Feb 2023 |
| FERNRIDE | Series A | $31M | Jan 2023 |
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Top Co-Investors
Seedcamp6 shared
Speedinvest6 shared
Insight Partners5 shared
private angel investors5 shared
Compound5 shared
Balderton Capital4 shared
Redalpine4 shared
Station F4 shared
Point Nine Capital3 shared
Giant Ventures3 shared
Inovia Capital3 shared
Earlybird Venture Capital3 shared
Acton Capital3 shared
Oxx3 shared
Plural Platform3 shared
Radical Ventures3 shared
NVentures3 shared
First Momentum Ventures2 shared
Eurazeo2 shared
BPI2 shared
Last updated: 7 October 2026