Cherry Ventures

Filip Dames and Christian Meermann are the founding partners, both based in Berlin. The partnership is spread deliberately across Europe's main hubs: Dinika Mahtani is a partner in London and Sophia Bendz is a partner in Stockholm, with Victor Huerbe a principal in Berlin and Nadja Reischel a principal in London. The firm describes its investment team as former entrepreneurs and operators drawn from fast-scaling European companies including Zalando, Spotify and Uber, which is the basis of its claim to know what the job looks like from the other side of the table. Offices run in Berlin, London and Stockholm, with a San Francisco presence listed on the team page for US coverage.

Cherry Ventures started in 2012 as an angel fund before institutionalising. Cherry II closed at 150 million euros in 2016, Cherry III at 175 million euros in 2019 and Cherry IV at 320 million euros in 2022. Cherry V, the current vehicle, closed at $500 million in 2025 and is the firm's largest. Across those funds Cherry has built a portfolio of more than 130 active companies in Europe, adding roughly 10 to 12 new seed investments a year at typical ticket sizes of 2 million to 7 million euros. The firm reserves more than half of each fund for follow-on financing and reports an 80 percent graduation rate from seed to Series A. Sector coverage runs across B2B software, fintech, industrials, healthtech, climatetech and consumer. Cherry also runs a mandatory 12-month coaching programme called Copilot, fully funded by the firm and confidential to the management teams that use it.