Cavalry Ventures

Cavalry Ventures is a prominent German early-stage venture capital firm headquartered in Berlin, Germany, supporting early-stage companies with capital, operational know-how, and access to an extensive network of corporate partners, operators, and angel investors. The firm was founded in 2016 by four Managing Partners including Claude Ritter (co-founder of DeinBus.de and bonsai technologies, previously at Rocket Internet), Stefan Walter, Robert Lacher, and Rouven Dresselhaus, all of whom have significant operational / founder backgrounds in the German technology scene. Cavalry invests at pre-seed and seed stages with typical initial check sizes in the EUR 500,000 to EUR 3 million range in European SaaS, fintech, marketplace, and adjacent B2B-technology start-ups. Cavalry has raised multiple institutional funds (Cavalry Fund I in 2016, Cavalry Fund II in 2019 at EUR 80 million, Cavalry Fund III in 2022 at EUR 150 million, Cavalry Fund IV in 2024 at approximately EUR 160 million+) with aggregate AUM exceeding EUR 400 million+ across vintages. Notable portfolio companies include Forto (German freight-forwarding unicorn), Taxfix, Klarna (early investor), Tandem, Wunderflats, and many other German / European technology companies producing multiple exits.