The Berlin-based firm, founded in 2012, is led by a team of entrepreneurs with experience building fast-scaling companies such as Zalando and Spotify. They invest primarily in pre-seed and seed-stage companies in the technology and web3 sector across Europe, usually as the first institutional investor. Cherry Ventures has previously invested in over 90 companies, including FlixBus, Auto1 Group, Infarm, Forto, and SellerX, and provides support in everything from go-to-market strategy to scaling the businesses. They have operations in London and Stockholm.