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Cherry Ventures Raises $500M to Fuel European Startups

2/7/2025

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Summary

Story summary

Cherry Ventures secured $500 million for its fifth early-stage fund, targeting Series B startups and Europe's first trillion-dollar company.
The fund was oversubscribed twice, drawing interest from global investors and prominent entrepreneurs.
The firm urges European founders to adopt greater ambition to compete with the USA.
This week, over 80 tech funding deals exceeding €1 billion were recorded in Europe.
Significant investments included €150M for Froda and €140M for Solaris, with many startups raising funds for innovative projects.

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Story summary

Cherry Ventures secured $500 million for its fifth early-stage fund, targeting Series B startups and Europe's first trillion-dollar company.
The fund was oversubscribed twice, drawing interest from global investors and prominent entrepreneurs.
The firm urges European founders to adopt greater ambition to compete with the USA.
This week, over 80 tech funding deals exceeding €1 billion were recorded in Europe.
Significant investments included €150M for Froda and €140M for Solaris, with many startups raising funds for innovative projects.