Fly Ventures
Back technical founders across Europe who are contrarian bets—founders everyone wants to meet but nobody dares to invest in. Focus on zero-to-one companies that achieve follow-on funding from tier-1 VCs.
Check Size—
StagesSeed, Series A
LocationEurope
Data quality55good
Investment thesis
Back technical founders across Europe who are contrarian bets—founders everyone wants to meet but nobody dares to invest in. Focus on zero-to-one companies that achieve follow-on funding from tier-1 VCs.
90 confidence · stated by fund
What sets Fly Ventures apart
- 60%+ follow-on rate from tier-1 VCs
- $3B+ in aggregate follow-on funding from portfolio
- Contrarian founder selection thesis
- European technical founder focus
Recent investments
Wayve, 9Fin, GitButler, GitGuardian
Investment profile
- Stages
- Seed, Series A
- Sectors
- AI/ML, Infrastructure, Enterprise Software, Autonomous Systems, DevTools
- Cold inbound
- Warm intro preferred
Frequently asked questions
- What does Fly Ventures invest in?
- Fly Ventures is a seed, series a stage AI/ML, Infrastructure, Enterprise Software, Autonomous Systems, DevTools investor, primarily investing in Europe. Their thesis: Back technical founders across Europe who are contrarian bets—founders everyone wants to meet but nobody dares to invest in. Focus on zero-to-one companies that achieve follow-on funding from tier-1 VCs.
- Is Fly Ventures actively deploying capital?
- Fly Ventures is actively deploying capital. What we observed: Four recent 2026 follow-on announcements (GitButler April, 9Fin March, Wayve February, GitGuardian February) indicate active portfolio and ongoing deployment.
- What makes Fly Ventures different from other funds?
- Fly Ventures stands out on 4 points: 60%+ follow-on rate from tier-1 VCs; $3B+ in aggregate follow-on funding from portfolio; Contrarian founder selection thesis; European technical founder focus.
- What has Fly Ventures invested in recently?
- Recent investments DryPowder has tracked from Fly Ventures include Wayve, 9Fin, GitButler, GitGuardian.
- What other funds are similar to Fly Ventures?
- Funds with overlapping stage and sector focus include L-SPARK, Westbound Equity Partners, Argon Ventures. See the full list below, or use DryPowder's AI fund matching to rank all tracked funds by fit with your specific startup.
- How do I reach out to Fly Ventures?
- Fly Ventures doesn't generally take cold inbound — a warm introduction from a founder or investor they already know is the reliable path in. Use DryPowder's AI fund matching to see how your startup aligns with Fly Ventures's thesis and focus areas (AI/ML, Infrastructure, Enterprise Software, Autonomous Systems, DevTools) — it returns a fit score and specific talking points for your outreach.