London-based venture firm Cloudberry Ventures has launched a new €50 million fund to invest in deeptech startups, marking the next phase of its investment strategy focused on foundational technologies shaping the coming decade.
The firm, led by founding partner Mahir Sahin, will invest from seed to Series A across Europe, North America, Asia, and Australia, with a strong emphasis on infrastructure-layer innovations spanning compute, physical systems, and financial rails.
The new fund will target companies operating in regulated and mission-critical sectors, particularly those building data-driven software and patented hardware with strong barriers to entry.
Ehsanul Islam, Qualcomm VP Engineering and VP Cloudberry Ventures, says: “Intelligent
robotics, autonomous systems, and coordinated machine fleets are no longer distant possibilities —they are the new foundation of how industry operates and scales. The infrastructure being built today will define the industrial economy for the next several decades.”
Targets Seed to Series A stages
The fund, targeting Seed to Series A stages with ticket sizes of €1-€2 million, focuses on industrial infrastructure, computing infrastructure, and financial infrastructure.
Cloudberry Ventures aims to partner with focused, fast-moving teams addressing large, durable problems at the core of modern infrastructure.
Cloudberry Ventures has already built a portfolio that includes companies such as Quantum Brilliance, Keyrails, RootCause.ai, Matoha, HYDGEN, Syntiant Corp., Fisent Technologies, Arf, Belfort, and Voltai. The firm plans to expand this portfolio with new investments in the near future.
Specialises in deep tech investments
Cloudberry Ventures is a venture capital firm that specialises in investments in DeepTech.
It focuses on funding companies from Seed to Series A across various regions, including Europe, North America, Asia, and Australia.
The firm supports teams that have strong competitive advantages, such as data-driven software and patented hardware, which are essential for building the foundation of societal and economic infrastructure.
Cloudberry Ventures is currently sourcing globally with a focus on Europe, targeting Seed to
Series A stages with ticket sizes of €1M–€2M and investing across three key pillars:
● Industrial Infrastructure: Centered on advanced materials, the future of energy, circularity,
and autonomous manufacturing.
● Financial Infrastructure: Building next-generation financial infrastructure through
blockchain-enabled cross-border settlement, financing and digital assets.
● Compute Infrastructure: focusing on next-gen compute innovations, like memory, quantum
computation, photonics and Edge AI.
The new fund has already invested in Xavveo, a Berlin startup that is working on 360-degree awareness systems for robotics using photonics radar.
Before launching its second fund, Cloudberry Ventures, founded by Sahin, proved its investment approach with Cloudberry Pioneer Investments (CPI), achieving an impressive 86% Gross IRR and a 2.4x MOIC in only 16 months.
Key early investments include Keyrails (financial infrastructure), Hydgen (energy), Syntiant (edge AI), and Quantum Brilliance, which is currently raising funds for its Series B round and is a leading European company building the largest quantum production line in the world.
