Cavalry Ventures launches new fund with 160 million euros

Berlin-based venture capital boutique Cavalry Ventures has launched its third fund. The money is to flow into European technology start-ups.

Berlin-based venture capitalist Cavalry Ventures has launched its third fund. The venture capital boutique plans to put 160 million euros into technology start-ups. The new fund, called Cavalry III, "builds on previous successes and continues the work of identifying high-growth digital companies at the start-up stage," says Rouven Dresselhaus, managing partner at Cavalry Ventures.

The 16-member team focuses on just twelve investments per year, aiming to reduce risk. Over the next five years, 160 million euros will flow into selected startups. "Our approach is designed to intensively accompany and support young companies in the first two to three years," says Claude Ritter, Managing Partner at Cavalry Ventures.

The tech investor predicts three promising thematic areas for the third fund: Cloud servers, sustainable business through the use of software and B2C technologies.

Cavalry Ventures was founded in Berlin in 2016. The venture capitalist is led by Rouven Dresselhaus, Claude Ritter and Stefan Walter. Cavalry has already backed more than 50 companies, including Bryter, Clarisights, Forto, McMakler, Rekki and Planradar.