Cavalry Ventures, the Berlin-based early-stage enterprise fund which was the lead inceptor into BRYTER, has closed its second fund of €80M, greater than 3.5x the scale of its maiden fund.
Geared considerably like a big Angel syndicate, Cavalry’s LPs are usually lively founders and different LPs in early-stage funds within the DACH area, and the fund is greatest recognized for its give attention to key SaaS and B2B infrastructure startups comparable to these in HR, gross sales, PR, fundraising, authorized and internationalization.
In an announcement Stefan Walter, managing companion at Cavalry, mentioned: “Our mantra has all the time been ‘what’s greatest for the startup?’. If that’s staying on the sidelines and letting you as a founder do your job, that’s what we’re going to do. However in case you request our assist, you possibly can rely on us to be there – any time of the day.”
Sometimes, Cavalry invests alongside angels, each exterior and from inside its community.
Amongst these angels are Martin Henk (Pipedrive), Nico Rosberg (former F1 World Champion), Viktoriya Tigipko (TA Ventures), Myke Naef (Doodle), Emmanuel Thomassin (Supply Hero), Gero Decker (Signavio), Joshua Cornelius & Mehmet Yilmaz (Freeletics), Tobias Balling (Blinkist) and Felix Jahn (Rocket Web, McMakler).
The Cavalry II fund is the partnership’s first classic with institutional funds together with the European Investment Fund .
Cavalry was launched by Rouven Dresselhaus, Claude Ritter and Stefan Walter in 2016 and has since invested in McMakler, Rekki and PlanRadar amongst others.