
Cherry Ventures
Linienstr. 214, Berlin, 10119, Germany
Overview
Cherry Ventures is an early-stage venture capital firm led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. The firm backs Europe's boldest founders, usually as their first institutional investor, and supports them in everything from their go-to-market strategy and the scaling of their businesses. Cherry Ventures has previously invested in the seed stage of over 50 companies across Europe, including FlixBus, Auto1 Group, Infarm, Rows, Forto, and TourRadar. Cherry Ventures is based in Berlin and invests across Europe with operations in London, Paris, and Stockholm.
- Total investments
- 192
- Lead investments
- 70
- Investments · 12mo
- 27
- Active investors
- 10
Sector focus
- Finance
- Financial Services
- Venture Capital
Investment portfolio
- Moss
Led · Series C · Aug 2026
Moss offers an all-in-one spend management platform that brings together corporate cards, invoice management, reimbursements, real-time budgets, smart approvals and automated accounting. The company integrates with ERP systems such as DATEV, Xero and Exact Online and HRIS platforms including Personio, BambooHR and HiBob. Moss positions itself as a BaFin-regulated financial institution under PSD2, is ISO/IEC 27001:2022 certified and says it is compliant with the Digital Operational Resilience Act (DORA). Founded in 2019, the startup has grown to serve over 5,000 businesses across multiple European markets and reports more than €70 million in ARR. Moss states its Finance AI agents process more than 2 million transactions per month and plans to let customers configure AI agents for finance tasks while maintaining control over decisions.
- Telli
Participated · Seed · Jul 2026
telli develops AI agents and a platform for automating customer-facing operations across voice, chat, SMS, WhatsApp and email. Its core offering includes Charlie, an AI coworker that helps teams build and optimise agents, connect internal systems, analyse conversations and identify operational issues. The company says its agents already handle millions of customer conversations for customers ranging from SMEs to large enterprises. telli was founded in 2024 by Seb Hapte-Selassie, Philipp Baumanns and Finn zur Muehlen and is based in Berlin. Financially, the company has raised more than $18.5 million to date following its $15 million seed round. Future plans described by the company include expanding engineering and commercial teams and enhancing voice and multi-channel capabilities to support broader B2C adoption.
- Nexcade
Led · Seed · Jul 2026
Nexcade builds AI-driven software to address operational workflows in freight forwarding, where many processes still rely on email, spreadsheets and fragmented systems. The company focuses on interpreting unstructured information and supporting context-dependent decisions in freight operations. Founders mentioned by name in the announcement include Dan and Tasho, and the team has delivered a product already used by leading freight forwarders. Investors cited the founding team's deep understanding of freight-forwarding problems as a key reason for backing the company. The company has completed a $6M Seed raise led by Philipp Werner with participation from Connect Ventures, MMC Ventures, Entropy Industrial Capital and angels. No revenue or user metrics were disclosed in the announcement.
- Proxima Fusion
Participated · Series A · Jul 2026
Proxima Fusion is Europe’s leading stellarator company and the first spin-out from the Max Planck Institute for Plasma Physics, developing commercial fusion power plants using the QI-HTS stellarator concept. The company is building Alpha, a net-energy stellarator demonstrator targeted for the early 2030s, and plans a follow-on commercial plant called Stellaris later in the decade. Proxima leads the Alpha project in partnership with the state of Bavaria, the Max Planck Institute for Plasma Physics and industrial partners including RWE, supported by an Alpha Alliance of more than 50 companies. Headquartered in Munich with offices in Zurich and Oxford, Proxima employs around 200 people across engineering, science and operations. Financially, Proxima has secured more than €650 million in funding to date, including about €95 million in public grants, and plans to expand engineering, manufacturing and magnet production capabilities as it advances toward demonstrator completion.
- Cortea
Participated · Seed · Jun 2026
Cortea develops AI-driven "Audit Quality Agents" designed to check audit reports, annual financial statements, footnote disclosures and working papers for inconsistencies, missing information and potential errors. Its agents work alongside existing audit systems and review workflows, preparing findings for auditors so teams can spend more time on professional judgment while retaining control over final outcomes. In the most recent audit season Cortea's technology supported the production of more than 4,000 audit reports and identified issues in every reviewed report, yielding multiple days of manual review time saved per engagement. The company is positioning to expand deeper integrations with major audit platforms and broaden its footprint in Germany, the U.K. and the U.S. Cortea emphasizes traceability, defensibility and alignment with audit standards as central design principles. The business recently raised €12 million in seed funding to accelerate product development and geographic expansion.