Cherry Ventures

IT-as-a-Service startup Deeploi raises €3M

Deeploi, a Germany-based startup that is building an IT-as-a-service platform, today announced that it has raised a €3 million seed funding round led by Berlin’s Cherry Ventures, with particip

Frond is a witty cross between Discord and Facebook groups

If you’re tired of unwieldy conversations on Discord, or abandoned Facebook groups that no one uses anymore, Frond has an alternative. Launching today, Frond is a tool for building communities o

What Zuckerberg’s money can’t buy

Welcome back to Chain Reaction. Last week, we looked at Solana’s smartphone and the post-Apple tech industry. This week, we’re looking at a web3 without Big Tech. To get this in your inbox

Crypto gaming firm Cauldron raises $6.6M to build ‘Pixar of web3’

A number of crypto gaming firms have ramped up production in the past year with hopes of revolutionizing the growing industry. Adding to the list is London-based gaming firm Cauldron, which plans on b

Juni jumps on $206M to help e-commerce players manage their own money better

The e-commerce market is on track to pass $5.5 trillion in revenues this year, which speaks not only to how much consumers are shopping online these days, but also to how many businesses there are out

Berlin-based B2B BNPL platform Mondu raises $43M Series A led by Valar in the US

Given the likely global recession, small businesses are reaching for new kinds of financing. Thus, the buy now, pay later business model is now expanding into this B2B world at a rate of knots. Playte

Ravio is bringing real-time data to the talent fight

UK-based Ravio reckons real-time data is the best way to arm businesses to win the global talent war. Its new-to-market compensation benchmarking tool lets users see how the compensation (wages and be

German construction tech startup Cosuno raises $30M Series B by Avenir Growth

Germany-based construction tech startup Cosuno has raised a $30 million Series B led by U.S. growth equity firm Avenir Growth. Spark Capital and Cherry Ventures, which led the Series A six months ago,

Boutique hotel tech platform NUMA raises $45M growth financing round led by DN Capital

Based out of the U.S., Sonder is a tech-driven hospitality company. It’s raised $529.6 million, and, in the post-pandemic world where the population has become far more movable due to remote working

Sunday competitor Qlub emerges with $17M seed round from Cherry and Point Nine

Our behavior at restaurants and venues has changed massively in the last two years because of the pandemic, but many of us have realized the huge advantages of being able to order via phones from the

Daily Crunch: Following ‘significant reduction’ in demand, Peloton puts brakes on production

Hello friends and welcome to Daily Crunch, bringing you the most important startup, tech and venture capital news in a single package.

Berlin’s Cherry Ventures launches fourth fund at $340M, for early-stage tech and web3

Berlin-based Cherry Ventures has launched its fourth fund, a €300 million ($340 million) early-stage tech fund. The Cherry IV fund will also feature a dedicated crypto and web3 strategy, building of

Real-time soil-testing agtech startup Stenon raises $20M Series A funding round

Stenon, an agtech company that has a real-time soil-sensing solution, has raised a $20 million Series A funding round from Founders Fund, David Friedberg’s The Production Board and existing investor

Flink, the Berlin-based instant grocery startup, is now valued at $2.85B after raising $750M in a round led by DoorDash

Instant grocery delivery continues to be a very frothy market, but today comes news of a major funding round for one player in it that investors believe will still be standing after the hype has died

Weflow pours pre-seed funding into tool that makes updating Salesforce faster

Salesforce users tend to have a similar complaint in the amount of time it takes to update records, but Weflow aims to conquer this form of “Salesforce fatigue.” The Berlin-based company is develo

QOA brings in seed round to do for chocolate what Oatly did for milk

Its proprietary fermentation process will enable QOA to scale production by 2035 and be able to price its "chocolate" products the same or below the cost of traditional chocolate.

Hedvig banks $45M to expand its millennial-focused insurance service in Europe

Millennial consumers are emerging as a key demographic in the insurance market, and today a Swedish startup that’s building a business catering specifically to their needs and priorities is anno

Guardian backed-fund invests in Unlock, an NFT protocol designed for subscriptions and memberships

Monetization for the creator economy continues to be a huge issue and opportunity, but creators mostly have to lock themselves into platforms like Patreon to realize their value. A better method would

Forto raises $240M in funding round led by SoftBank, taking its valuation to $1.2B

Freight technology startup, Forto, which we most recently covered when it raised $50 million late last year, is upping the stakes. It’s now raised $240 million in a round led by SoftBank Vision Fund

Cannabis and digital health startup Sanity Group closes $44.2M Series A led by Redalpine

Berlin-based cannabis and digital health startup Sanity Group has closed a $44.2 million Series A financing round led by Swiss VC Redalpine along with U.S.-based Navy Capital and SOJE Capital. GMPVC a
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