Fly Ventures

Fly Ventures is a Berlin, Germany-based European venture capital firm investing across Europe in early-stage information technology and deep-technology companies, focused on pre-seed and seed stage investments in engineering-led start-ups building data, AI / machine learning, developer tools, enterprise SaaS, and adjacent deep-tech businesses. The firm was founded by Gabriel Matuschka, Fred Destin, and partners, and is positioned as a Europe-centric deep-tech investor with a European footprint while selectively backing cross-border transatlantic start-ups. Fly Ventures has raised multiple institutional funds with aggregate AUM in the EUR tens to low-hundreds of millions, typically writing initial check sizes in the EUR 500,000 to EUR 2 million range as a conviction lead-investor or significant participant at pre-seed and seed stages. Portfolio companies include Unmind, Lilt, Hotjar, Fillit, and other European deep-tech and AI-focused start-ups.