Cherry Ventures — 2021 Investments

Afilio provides digital estate planning and family care documentation services for German-speaking users.

ConsumerHealthtechLegalTechGermany, DE

RMRichard Musiol(Founder)inPhilip Harms(Founder)Till Oltmanns(Founder)

Co-investorsCACavalry VenturesCOCommerzVenturesSPSpeedinvest

BlackPool is a decentralized autonomous organization (DAO) that scouts and invests in early-stage blockchain gaming projects, matching them with its community of builders, investors, and gamers.

Crypto & Web3Gaming

Co-investorsBIBitkraft Esports VenturesDEDeepTech VenturesFAFabric VenturesPLPlay VenturesBABacked

Carbo Culture develops carbon removal technology leveraging natural processes combined with advanced engineering to remove carbon dioxide from the atmosphere at scale.

AgTechCircular EconomyCleantechClimate TechDeep TechLondon, NL

HMHenrietta Moon(Founder)inChris Carstens(Founder)in

Co-investorsALAlumni VenturesAUAuxxoBLBlue Ivy VenturesBRBragiel BrothersLILifeline VenturesSTStartX+6 more

Cosuno operates an online platform that connects construction clients (Auftraggeber) with contractors (Auftragnehmer), helping companies find and award building projects.

B2B MarketplacesConstruction TechPropTech

FCFritz Cramer(Founder)inMaximilian Seifert(Founder)inChristoph Berner(Founder)

Co-investorsAVAvenir Growth CapitalBOBOOOMSPSpark Capital

Berlin-based Flink SE delivers groceries and everyday items from its own dark stores in Germany and the Netherlands.

Christoph Cordes(Founder)Julian Dames(Founder)Nikolas Bullwinkel(Founder)Oliver Merkel(Founder)Rafael Bueno(Founder)Ricardo Rafael(Founder)

Co-investorsBOBond Capital ManagementBTBtomorrow VenturesGEGerman Media PoolLILightspeed Venture PartnersNONorthzoneTATarget Global+7 more

Formel.ai combines generative AI with formal methods (mathematical verification) to build large language models that provide logical consistency guarantees, enforceable constraints, and full traceability for enterprise use cases including document auditing and compliance verification.

AI & Machine LearningDeep TechEnterprise Software

Sylvain(Co-founder)inAntoine(Co-founder)in

Co-investorsAGAgoranovHEHeal CapitalHEHeartcore CapitalHEHetz VenturesSISingularVOVorwerk Ventures

Forto is a freight forwarding and logistics platform that manages international cargo transportation for enterprise brands.

Logistics & Supply Chain

MWMichael Wax(Founder)inEMErik Muttersbach(Founder)inFabian Heilemann(Founder)Ferry Heilemann(Founder)

Co-investorsCACavalry VenturesG G SquaredGEGeneral CatalystINInven CapitalIRIris CapitalLALa Famiglia+11 more

GOALS is a competitive multiplayer football (soccer) video game focused on skill-based gameplay, from kick-offs to goal celebrations.

Gaming

Co-investorsEMEmblemMOMoonfire VenturesNONorthzoneBABanana CapitalDODouble DownGEGerard Pique+3 more

Hedvig is an insurance provider offering home, car, pet, and vacation-home coverage that customers manage through a mobile app, where they can change policies, add coverage, and file claims.

ConsumerFintechInsurTechSanta Clara, US

Avinash Lakshman(Executive Officer, Director)Fredrik Fors(Co-founder)inJohn Ardelius(Co-founder)inLucas Carlsén(Co-founder)in

BoardAmarjit Gill(Director)PAPuneet Agarwal(Director)in

Co-investorsANAnthemis VentureCOCommerzVenturesOBObvious VenturesPEPente CapitalSPSparking CapitalTRTrue Ventures

HiPeople is a recruiting platform for hiring teams that offers candidate assessments and automated reference checks, using AI to detect fraud, verify references, and generate a job-fit score.

AI & Machine LearningHealthtechHR TechSaaS

SSSebastian Schüller(Founder)inJGJakob Gillmann(Founder)in

Co-investorsCACapnamicMOMoonfire Ventures

Ninetailed offers a personalization platform that enables web teams to create and deliver tailored content experiences without developer support.

AdTechCloud ComputingDeveloper ToolsEnterprise SoftwareMarketing TechSaaSBerlin, DE

SKSascha Konietzke(Executive Officer, Director, Promoter)Paolo Negri(Executive Officer, Director, Promoter)AKAndy Kaiser(Founder)ABAlexander Braunreuther(Founder)SSSteve Sloan(Executive Officer, Director)Margo M Smith(Executive Officer)

Co-investorsBABalderton CapitalFIFirst MomentumGAGaia VenturesGRGrand VenturesHEHeavybitMOMosaic Ventures+12 more

Oatly makes oat-based food and drink products, including oat drinks, chilled oat drinks, cooking products, and oatgurt.

Climate TechConsumerFoodTech

Rickard Öste(Founder)Björn Öste(Founder)

Co-investorsALAliya Capital PartnersCOCoefficient CapitalDYDynabrand VenturesFEFELIX CAPITALINIndustrifondenK2K2 Global+12 more

Planet A Foods develops alternative food ingredients using food technology to reduce climate impact in the food industry.

AgTechBiotechClimate TechConsumerFoodTechMunich, DE

MMMaximilian Marquart(Founder)inSMSara Marquart(Founder)inMaximilian Marquart Sara Marquart(Founder)

Co-investorsBABayern KapitalBUBurda Principal InvestmentsFEFeast VenturesFIFifty YearsNUNucleus CapitalOMOmnes Capital+12 more

Qualifyze offers a centralized audit management platform for life sciences supply chains, letting quality and procurement teams plan, execute, and track supplier GxP audits globally with integrated CAPA tracking.

AI & Machine LearningBiotechEnterprise SoftwareHealthtechSaaS

David Schneider(Founder)Florian Hildebrand(Founder)

Co-investorsAUAuxxoCOCompanion M Gmb HHEHeartfelt CapitalHEHEARTFELT_INInsight PartnersRHRheingau Founders+3 more