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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 (3 deals in the last 12 months vs 7 prior). Their most common stage is seed (49% of deals). Average disclosed round size is $12.2M (across 26 rounds with reported amounts).
Portfolio
41
Fund Size
$85M
Top Stage
Seed
Last 12 Mo
5
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
45 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 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 |
 Zendo | Pre-Seed | $2.1M | May 2025 |
 BandLab | Seed | — | Apr 2025 |
| EElea | Seed | — | Mar 2025 |
 Neuralk | Seed | $4M | Feb 2025 |
 Carbmee | Series A | — | Dec 2024 |
 Agemo | Pre-Seed | $4M | Nov 2024 |
 Lakera | Series A | — | Jul 2024 |
| Rremberg GmbH | Series A | — | Jan 2024 |
 Fernride | Series A | $31M | Jun 2023 |
 Pear Bio | Series A | — | May 2023 |
 Thynk | Series A | $13M | Apr 2023 |
 Cordless | Seed | $2.3M | Feb 2023 |
 SDA | Seed | $10M | Oct 2022 |
| SSoftware Defined Automation | Seed | $10M | Oct 2022 |
 TradeLink | Series A | — | Jun 2022 |
 Better Origin | Series B | $16M | Apr 2022 |
 remberg | Series A | — | Feb 2022 |
 Metaview | Seed | — | Dec 2021 |
 9Fin | Series A | $10.9M | Oct 2021 |
| GitGuardian | Series B | $44M | Jan 2021 |
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Top Co-Investors
Seedcamp6 shared
Insight Partners5 shared
Redalpine4 shared
Speedinvest4 shared
Balderton Capital3 shared
Compound3 shared
Point Nine Capital3 shared
Giant Ventures3 shared
Inovia Capital3 shared
First Momentum Ventures2 shared
Eurazeo2 shared
Sapphire Ventures2 shared
Octopus Ventures2 shared
Passion Capital2 shared
Earlybird Venture Capital2 shared
AlbionVC2 shared
firstminute capital2 shared
Baukunst1 shared
SV Angel1 shared
Bpifrance1 shared
Last updated: 8 September 2026