Fly Ventures Raises €53M Second Fund
Summary
In the enterprise space, investments centre on technologies that empower large corporates to unlock the full potential of digitisation and automation. In the deep tech space, investments are focused on founders and startups developing novel, advanced technology at the cutting edge of their respective sectors. Two of the 28 Fund I investments already exited including Bloomsbury AI, an AI-startup teaching machines to reason from text, and Scape, a computer vision based positioning service used in augmented reality. Led by Gabriel Matuschka and Fredrik Bergenlid, Fly Ventures is focused on investing in industry-defining enterprise and deep tech seed stage companies across Europe. With Fund II, existing members Marie Wennergren, Felix Wolf and David Malinge have been promoted to partner.