Fly Ventures

Fly Ventures Fly Ventures was founded in 2015 in Berlin and positions itself as Europe's leading deep tech seed fund. Fund III closed at €80M in 2024, following a €53M Fund II (2020) that was oversubscribed in a single close. Check sizes range from €1-4M. The firm backs technical founders from day zero, with the portfolio splitting roughly 45% AI, 35% vertical applications and industrial tech, and 20% developer tools and infrastructure. Four equal GPs operate across Berlin, London, Paris, and Zu