Fly Ventures

Fly Ventures Management GmbH is a venture capital firm based in Berlin, Germany, that specializes in early-stage investments, particularly in seed and pre-Series A funding. Founded in 2016, the firm focuses on the technology sector, emphasizing software companies that utilize machine learning, artificial intelligence, and automation to enhance business processes. Fly Ventures aims to empower large corporations to digitize and automate operations through innovative technologies, including advanced enterprise and deep tech solutions. The firm primarily invests in Europe, typically committing between €0.5 million and €1.3 million per investment, and often prefers to take a majority stake in its portfolio companies. With a team comprising engineers, product designers, and investors, Fly Ventures is well-positioned to support founders in building high-quality, globally ambitious businesses.

Fredrik Bergenlid

Partner and CTO

Marie Brayer

Partner

David Malinge

Partner

Gabriel Matuschka

Partner

Stephan Seyboth

Co-Founder and Partner

Steven Tran

Operating Partner

Marie Wennergren

Partner

Matthew Wichrowski

Partner

Felix Wolf

Venture Partner

60 past transactions

Cakewalk

Seed Round in 2023
cakewalk focuses on the topic of cyber security.

Pear Bio

Series A in 2023
Pear Bio uses organ-on-a-chip and computer vision technology to recreate, visualize, and compute the human tumor microenvironment and its effects on cancer progression. The company was founded in 2017 and is headquartered in London.

Ophelos

Seed Round in 2022
Ophelos was created to transform how individuals, families, and businesses manage their financial health.

Thynk.Cloud

Seed Round in 2022
Thynk.Cloud is a leading hospitality cloud solution servicing the corporate travel and MICE industry. Its customer-centric and data-driven modules integrate use cases built by hoteliers, for hoteliers. Thynk.Cloud is leveraged by sales and operation teams globally in order to grow better revenue streams through collaboration, focus, higher productivity, agility of tailored packages, and data-driven decision making. The solution delivers a seamless customer experience enhancing guest satisfaction and loyalty. Thynk is powered by Salesforce. For more information please reach out to us on https://www.thynk.cloud/.

Better Origin

Series A in 2022
Entomics Biosystems Limited develops technology solutions for insect biomass conversion. The company provides two process to feed the insects, Metamorphosis, can produce thousands of tons of insect meals per year and Genesis, a data driven engineering solution. The company was founded in 2015 and is headquartered in Cambridge, United Kingdom.

Garden

Series A in 2022
Garden is a Kubernetes testing platform for every step of the development process. The widespread adoption of cloud native technologies such as containers and Kubernetes has made it easier than ever to operate and scale applications. But important developer workflows have been overlooked or neglected along the way. Many developers find that they’re now less productive than they were before the cloud native era. Testing is a critical part of the development process and one that’s in need of a major upgrade. Modern cloud native testing practices are largely driven by what’s feasible rather than what’s useful. Developers working on distributed microservices applications have been left without an efficient way to build, run tests, and troubleshoot in a production-like environment. Garden makes it easy to spin up ephemeral testing and preview environments for integration tests, manual QA, and development. With Garden, developers get fast feedback exactly when they need it, and DevOps teams are no longer bogged down with provisioning and managing ad hoc environments. The open source Garden Core is available on GitHub: https://github.com/garden-io/garden We also offer a fully supported enterprise edition: https://garden.io/product/

Insify

Series A in 2022
Insify develops an insurance technology platform for small businesses. The company offers insurance products and services to the businesses. The company is based in the Netherlands.

remberg

Series A in 2022
remberg GmbH, founded in 2018 and based in Munich, Germany, specializes in digitizing the service of industrial machinery and equipment. The company provides a cloud-based Asset-Relationship-Management System designed for manufacturers, service providers, and operators. This innovative platform facilitates efficient management of assets, enhancing operational capabilities and service delivery within the industrial sector.

GitGuardian

Series B in 2021
GitGuardian SAS specializes in security solutions aimed at protecting sensitive information used by developers, infrastructure, and applications. The company provides tools such as GitHub Public Monitoring to help prevent data leaks and Private Repositories Monitoring to detect and alert organizations about potential security threats. Established in 2017 and headquartered in Paris, France, GitGuardian serves clients both domestically and internationally, focusing on enhancing the security of source code by identifying secrets in both public and private repositories.

Metaview

Seed Round in 2021
Metaview Global Limited is a company that specializes in conversation analytics, providing a platform designed to record and transcribe interviews. Founded in 2018 and headquartered in London, with additional offices in San Francisco, the company offers comprehensive reports that assist organizations in making informed hiring decisions. By utilizing technology, Metaview aims to enhance the hiring process and improve the skills of interviewers, focusing on the actual dynamics of interviews to foster better employment outcomes.

Matcha

Pre Seed Round in 2021
Sales Performance for Product-led Companies

9fin

Series A in 2021
9fin Limited designs and develops artificial intelligence software which offers financial data for the bond market. The company captures high yield bond data. Its solution offers search, filter, and analysis of data. 9fin Limited was founded in 2016 and is based in London, United Kingdom.

Pear Bio

Seed Round in 2021
Pear Bio uses organ-on-a-chip and computer vision technology to recreate, visualize, and compute the human tumor microenvironment and its effects on cancer progression. The company was founded in 2017 and is headquartered in London.

FERNRIDE

Series A in 2021
Fernride offers logistics customers the end-to-end integration of driverless vehicles into their processes. Building on 10 years of research, Fernride is developing the leading teleoperation platform which allows humans to safely remote monitor, assist and control vehicles from afar. Thus, Fernride is redefining the job of the driver who will evolve from a 1:1 remote operator to a highly effective fleet manager who assists up to 50 highly automated vehicles from the comfort of an office. Partnering with leading OEMs, Fernride enables the remote operation and full automation of driverless fleets - swap body or trailer trucks, forklifts, shuttles, or other vehicles.

Ophelos

Pre Seed Round in 2021
Ophelos was created to transform how individuals, families, and businesses manage their financial health.

Better Origin

Seed Round in 2021
Entomics Biosystems Limited develops technology solutions for insect biomass conversion. The company provides two process to feed the insects, Metamorphosis, can produce thousands of tons of insect meals per year and Genesis, a data driven engineering solution. The company was founded in 2015 and is headquartered in Cambridge, United Kingdom.

Stateful

Pre Seed Round in 2021
ActiveCove gives you personalized analytics about how you code, allowing you to experiment, measure and advance your craft.

Semalytix

Series A in 2020
Semalytix’s Pharos is an AI-based real world evidence generation tool that ingests data and breaks it down so you can receive specific information about the disease you’re investigating — zooming into specific target populations and studying nearly any variable you are interested in.

Claimsforce

Series A in 2020
claimsforce GmbH develops a claims management software for insurance company. Its platform manages and tracks the status of the claims and enables the users to send the documents and photos via phone. It caters to insurance sector. claimsforce GmbH was founded in 2018 and is based in Hamburg, Germany. It has additional location in Cologne, Germany.

Wayve

Series A in 2020
Wayve Technologies Ltd specializes in developing artificial intelligence software for self-driving cars, focusing on a data-driven approach that learns to drive in a manner similar to humans. Founded in 2017 and headquartered in London, the company employs end-to-end deep learning to create an autonomous driving system capable of navigating complex urban environments. Wayve operates a fleet of electric vehicles equipped for autonomous operation and technology development, with the aim of deploying its technology on public roads. The firm is dedicated to pioneering AI software solutions that enable businesses to adapt quickly and safely to new driving scenarios across various locations worldwide.

Axiom

Seed Round in 2020
Axiom, Inc. develops Cloud Appliances. The company helps to push User Experience, Performance, Functionality, and Design to a new level. It has product that help enterprises to do unified metrics, logging, and alerting, entirely inside your infrastructure also provides entire monitoring needs. Axiom, Inc. was founded in 2016 and is based in San Francisco, California.

Insify

Seed Round in 2020
Insify develops an insurance technology platform for small businesses. The company offers insurance products and services to the businesses. The company is based in the Netherlands.

Mutable

Seed Round in 2020
Mutable is an infrastructure platform designed to empower a consortium of Cable and Wireless providers, allowing them to compete with traditional cloud infrastructure in the emerging technology sector. The platform focuses on facilitating the development and deployment of microservices, providing a robust framework that supports innovative solutions within the telecommunications industry. By leveraging its technology, Mutable aims to enhance the capabilities of its partners, enabling them to offer competitive alternatives in a rapidly evolving market.

ImVitro

Pre Seed Round in 2020
ImVitro SAS, founded in 2019 and based in Paris, France, specializes in providing advanced in vitro fertilization (IVF) services through its innovative SaaS platform. The company focuses on developing AI-based decision-making tools that enhance IVF imaging and analysis. By utilizing deep learning algorithms, ImVitro analyzes various clinical inputs to identify hidden patterns and predict which embryos have the highest likelihood of successful implantation. This technology aims to help IVF clinics reduce the number of treatment cycles required for patients, ultimately improving the chances of conception and maximizing clinic efficiency.

Objectiv

Seed Round in 2020
Objectiv is the SaaS-based, AI-driven decision support solution designed to help product teams take the guesswork out of product decisions. Objectiv's actionable decision metrics are based on best-in-class statistical and AI modeling that turn endless KPI dashboards into actionable plans, enable daily workflows for product teams to make decisions based on what is actually driving long-term growth, and allow product teams to automatically track the impact of product decisions. Founded in October 2017 by two former co-founders of Distimo and the former Head of Product for Cloud9 IDE, Objectiv is a privately held company based in Utrecht, The Netherlands. Follow us on Twitter @getobjectiv or learn more at https://www.getobjectiv.com. Trust your gut, follow your brain: Get Objectiv.

Inato

Series A in 2020
Inato automates data structuring and analysis, cross-checks data sources, and provides insights on this data. It features a tool for collecting and analyzing data used in clinical trials, Inato’s AI-powered platform enables pharmaceutical companies to drastically reduce drug development costs. By accelerating clinical trials, Inato helps new therapies arrive to patients faster, and at lower prices

GitGuardian

Series A in 2019
GitGuardian SAS specializes in security solutions aimed at protecting sensitive information used by developers, infrastructure, and applications. The company provides tools such as GitHub Public Monitoring to help prevent data leaks and Private Repositories Monitoring to detect and alert organizations about potential security threats. Established in 2017 and headquartered in Paris, France, GitGuardian serves clients both domestically and internationally, focusing on enhancing the security of source code by identifying secrets in both public and private repositories.

Salv

Seed Round in 2019
Salv develops the anti-money laundering (AML) platform that helps banks find and cease financial crime. The platform enables financial institutions to detect crime, without damaging the experience of real customers. Salv was founded in 2018 and is based in Tallinn, Estonia.

FERNRIDE

Seed Round in 2019
Fernride offers logistics customers the end-to-end integration of driverless vehicles into their processes. Building on 10 years of research, Fernride is developing the leading teleoperation platform which allows humans to safely remote monitor, assist and control vehicles from afar. Thus, Fernride is redefining the job of the driver who will evolve from a 1:1 remote operator to a highly effective fleet manager who assists up to 50 highly automated vehicles from the comfort of an office. Partnering with leading OEMs, Fernride enables the remote operation and full automation of driverless fleets - swap body or trailer trucks, forklifts, shuttles, or other vehicles.

remberg

Seed Round in 2019
remberg GmbH, founded in 2018 and based in Munich, Germany, specializes in digitizing the service of industrial machinery and equipment. The company provides a cloud-based Asset-Relationship-Management System designed for manufacturers, service providers, and operators. This innovative platform facilitates efficient management of assets, enhancing operational capabilities and service delivery within the industrial sector.

9fin

Seed Round in 2019
9fin Limited designs and develops artificial intelligence software which offers financial data for the bond market. The company captures high yield bond data. Its solution offers search, filter, and analysis of data. 9fin Limited was founded in 2016 and is based in London, United Kingdom.

Wayve

Series A in 2019
Wayve Technologies Ltd specializes in developing artificial intelligence software for self-driving cars, focusing on a data-driven approach that learns to drive in a manner similar to humans. Founded in 2017 and headquartered in London, the company employs end-to-end deep learning to create an autonomous driving system capable of navigating complex urban environments. Wayve operates a fleet of electric vehicles equipped for autonomous operation and technology development, with the aim of deploying its technology on public roads. The firm is dedicated to pioneering AI software solutions that enable businesses to adapt quickly and safely to new driving scenarios across various locations worldwide.

Scape Technologies

Seed Round in 2019
Scape Technologies Ltd is a London-based company founded in 2016 that specializes in city-scale augmented reality solutions. The company has developed a cloud-based vision engine that enables camera devices to comprehend their surroundings through computer vision techniques. Unlike traditional systems that rely on locally stored 3D maps, Scape's approach utilizes a cloud architecture to create and access a shared understanding of environments, facilitating more effective localization for augmented reality applications. As of January 2020, Scape Technologies operates as a subsidiary of Facebook, Inc.

Metaview

Pre Seed Round in 2019
Metaview Global Limited is a company that specializes in conversation analytics, providing a platform designed to record and transcribe interviews. Founded in 2018 and headquartered in London, with additional offices in San Francisco, the company offers comprehensive reports that assist organizations in making informed hiring decisions. By utilizing technology, Metaview aims to enhance the hiring process and improve the skills of interviewers, focusing on the actual dynamics of interviews to foster better employment outcomes.

Harold Waste

Seed Round in 2018
Harold Waste SAS develops software solutions to help recycling companies. The company was incorporated in 2018 and is based in Saint-Ouen, France.

Objectiv

Seed Round in 2018
Objectiv is the SaaS-based, AI-driven decision support solution designed to help product teams take the guesswork out of product decisions. Objectiv's actionable decision metrics are based on best-in-class statistical and AI modeling that turn endless KPI dashboards into actionable plans, enable daily workflows for product teams to make decisions based on what is actually driving long-term growth, and allow product teams to automatically track the impact of product decisions. Founded in October 2017 by two former co-founders of Distimo and the former Head of Product for Cloud9 IDE, Objectiv is a privately held company based in Utrecht, The Netherlands. Follow us on Twitter @getobjectiv or learn more at https://www.getobjectiv.com. Trust your gut, follow your brain: Get Objectiv.

CANDIS

Series A in 2018
CANDIS GmbH, founded in 2015 and headquartered in Berlin, Germany, specializes in developing software that automates financial processes for small and medium-sized enterprises. The company's solutions streamline tasks such as invoice collection, data capture, pre-accounting, and payments by utilizing artificial intelligence. This automation allows businesses and their tax advisors to save time and enhance collaboration within finance teams. With a commitment to advancing its technology, CANDIS serves thousands of clients, reflecting its significant impact on the financial operations of its users.

Garden

Seed Round in 2018
Garden is a Kubernetes testing platform for every step of the development process. The widespread adoption of cloud native technologies such as containers and Kubernetes has made it easier than ever to operate and scale applications. But important developer workflows have been overlooked or neglected along the way. Many developers find that they’re now less productive than they were before the cloud native era. Testing is a critical part of the development process and one that’s in need of a major upgrade. Modern cloud native testing practices are largely driven by what’s feasible rather than what’s useful. Developers working on distributed microservices applications have been left without an efficient way to build, run tests, and troubleshoot in a production-like environment. Garden makes it easy to spin up ephemeral testing and preview environments for integration tests, manual QA, and development. With Garden, developers get fast feedback exactly when they need it, and DevOps teams are no longer bogged down with provisioning and managing ad hoc environments. The open source Garden Core is available on GitHub: https://github.com/garden-io/garden We also offer a fully supported enterprise edition: https://garden.io/product/

GitGuardian

Seed Round in 2018
GitGuardian SAS specializes in security solutions aimed at protecting sensitive information used by developers, infrastructure, and applications. The company provides tools such as GitHub Public Monitoring to help prevent data leaks and Private Repositories Monitoring to detect and alert organizations about potential security threats. Established in 2017 and headquartered in Paris, France, GitGuardian serves clients both domestically and internationally, focusing on enhancing the security of source code by identifying secrets in both public and private repositories.

Semalytix

Seed Round in 2018
Semalytix’s Pharos is an AI-based real world evidence generation tool that ingests data and breaks it down so you can receive specific information about the disease you’re investigating — zooming into specific target populations and studying nearly any variable you are interested in.

Claimsforce

Seed Round in 2018
claimsforce GmbH develops a claims management software for insurance company. Its platform manages and tracks the status of the claims and enables the users to send the documents and photos via phone. It caters to insurance sector. claimsforce GmbH was founded in 2018 and is based in Hamburg, Germany. It has additional location in Cologne, Germany.

Blindfeed

Seed Round in 2018
Helping teams around the world become stronger than the sum of their parts through meaningful feedback

GenLots

Non Equity Assistance in 2018
GenLots is a SaaS provider from Lausanne, Switzerland that uses machine learning to optimize supply chain processes. Their core technology, the Artificial Supply Chain Brain, improves purchasing plans of any industrial company that buys raw materials in high volumes. The software imports real world data from an ERP and makes on-demand suggestions to improve the order behaviour by a) decreasing the number of order transactions b) reducing inventory levels and c) using pricing advantages (e.g. quantity discounts). Implementations with major industrial companies successfully reduced total purchasing cost by up to 10%.

Finiata

Series A in 2017
Finiata is a financial services provider that offers flexible financing solutions to small and medium-sized enterprises (SMEs), freelancers, and the self-employed. The company specializes in invoice factoring, allowing businesses to secure credit by selling outstanding invoices at a discount. This approach helps clients access liquidity and gain insights into their cash flow. Founded in 2016, Finiata is headquartered in Berlin, Germany, and aims to address the financial needs of small businesses through innovative credit solutions.

Axiom

Seed Round in 2017
Axiom, Inc. develops Cloud Appliances. The company helps to push User Experience, Performance, Functionality, and Design to a new level. It has product that help enterprises to do unified metrics, logging, and alerting, entirely inside your infrastructure also provides entire monitoring needs. Axiom, Inc. was founded in 2016 and is based in San Francisco, California.

Inato

Seed Round in 2017
Inato automates data structuring and analysis, cross-checks data sources, and provides insights on this data. It features a tool for collecting and analyzing data used in clinical trials, Inato’s AI-powered platform enables pharmaceutical companies to drastically reduce drug development costs. By accelerating clinical trials, Inato helps new therapies arrive to patients faster, and at lower prices

Chatterbug

Seed Round in 2017
Chatterbug Inc. provides online language learning system through courses and video sessions. The features of the learning system include self-study, live lessons, and progress tracking. The company was incorporated in 2016 and is based in San Francisco, California.

Wayve

Seed Round in 2017
Wayve Technologies Ltd specializes in developing artificial intelligence software for self-driving cars, focusing on a data-driven approach that learns to drive in a manner similar to humans. Founded in 2017 and headquartered in London, the company employs end-to-end deep learning to create an autonomous driving system capable of navigating complex urban environments. Wayve operates a fleet of electric vehicles equipped for autonomous operation and technology development, with the aim of deploying its technology on public roads. The firm is dedicated to pioneering AI software solutions that enable businesses to adapt quickly and safely to new driving scenarios across various locations worldwide.

Side

Series A in 2017
Side operates an online platform that allows students to find jobs that they can do alongside their studies. Its platform helps students and companies work together around a location-based job board, admin (invoicing and payment), and management tools; and manages profile selection, makes the initial contact, and automates the administrative procedures, such as invoicing, electronic signatures, payments, and workers monitoring for companies. The company was formerly known as WeSlash company , SAS. Side was incorporated in 2016 and is based in Paris, France.

RiseML

Seed Round in 2017
RiseML GmbH, founded in September 2016 and based in Berlin, Germany, offers a machine learning platform designed to streamline the execution of deep learning experiments on both bare metal and cloud GPU clusters. The company's software provides a unified interface that simplifies the management of deep learning infrastructure, allowing teams to efficiently scale their operations. Its command-line interface enables users to prepare, run, and monitor experiments directly from their workstations, supporting all major machine and deep learning frameworks. This capability allows users to track progress, analyze results, and deploy machine learning technologies seamlessly across various devices.

Bloomsbury AI

Seed Round in 2017
Bloomsbury AI Limited went into liquidation. Bloomsbury AI Limited provides a SaaS based virtual assistant that enables individuals to create, use, and share text-understanding computer applications. The company's technology reads background documents, learns from experts’ feedback through dialog interactions and creates a program that can execute the same actions similar to the way human apprentices learn. Bloomsbury AI Limited was incorporated in 2015 and is based in London, United Kingdom. As of July 2, 2018, Bloomsbury AI Limited was formerly a subsidiary of Facebook, Inc..

CANDIS

Venture Round in 2017
CANDIS GmbH, founded in 2015 and headquartered in Berlin, Germany, specializes in developing software that automates financial processes for small and medium-sized enterprises. The company's solutions streamline tasks such as invoice collection, data capture, pre-accounting, and payments by utilizing artificial intelligence. This automation allows businesses and their tax advisors to save time and enhance collaboration within finance teams. With a commitment to advancing its technology, CANDIS serves thousands of clients, reflecting its significant impact on the financial operations of its users.

Finiata

Seed Round in 2017
Finiata is a financial services provider that offers flexible financing solutions to small and medium-sized enterprises (SMEs), freelancers, and the self-employed. The company specializes in invoice factoring, allowing businesses to secure credit by selling outstanding invoices at a discount. This approach helps clients access liquidity and gain insights into their cash flow. Founded in 2016, Finiata is headquartered in Berlin, Germany, and aims to address the financial needs of small businesses through innovative credit solutions.

Finiata

Seed Round in 2016
Finiata is a financial services provider that offers flexible financing solutions to small and medium-sized enterprises (SMEs), freelancers, and the self-employed. The company specializes in invoice factoring, allowing businesses to secure credit by selling outstanding invoices at a discount. This approach helps clients access liquidity and gain insights into their cash flow. Founded in 2016, Finiata is headquartered in Berlin, Germany, and aims to address the financial needs of small businesses through innovative credit solutions.

Side

Seed Round in 2016
Side operates an online platform that allows students to find jobs that they can do alongside their studies. Its platform helps students and companies work together around a location-based job board, admin (invoicing and payment), and management tools; and manages profile selection, makes the initial contact, and automates the administrative procedures, such as invoicing, electronic signatures, payments, and workers monitoring for companies. The company was formerly known as WeSlash company , SAS. Side was incorporated in 2016 and is based in Paris, France.

Gitbook

Seed Round in 2016
GitBook SAS provides an open-source tool for developers to create documentation, digital writing, and publishing. It offers a documentation platform where teams can document everything from products to APIs and internal knowledge bases. The company was founded in 2014 and is based in Lyon, France.

CANDIS

Seed Round in 2016
CANDIS GmbH, founded in 2015 and headquartered in Berlin, Germany, specializes in developing software that automates financial processes for small and medium-sized enterprises. The company's solutions streamline tasks such as invoice collection, data capture, pre-accounting, and payments by utilizing artificial intelligence. This automation allows businesses and their tax advisors to save time and enhance collaboration within finance teams. With a commitment to advancing its technology, CANDIS serves thousands of clients, reflecting its significant impact on the financial operations of its users.