Fly Ventures

Fly Ventures is a venture capital firm based in Berlin, Germany, founded in 2015. The firm specializes in providing first-check investments to technical founders who are addressing complex challenges, primarily in the technology sector. Targeting early to seed-stage companies across Europe, Fly Ventures supports innovative entrepreneurs from the outset of their ventures. The firm focuses on identifying and backing promising startups that operate within the software domain and are committed to environmental, social, and governance (ESG) principles. By investing from day-zero, Fly Ventures aims to empower founders and help them navigate the early stages of growth.

Fredrik Bergenlid

Partner and CTO

Gabriel Matuschka

Partner

Steven Tran

Operating Partner

Wichrowski, Matt

Partner

Past deals in Open Source

Garden

Series A in 2022
Garden is a development automation platform that focuses on enhancing the testing and development processes for backend applications, particularly in cloud native environments. As organizations increasingly adopt cloud technologies like containers and Kubernetes, developers often face challenges related to productivity and effective testing workflows. Garden addresses these issues by enabling the creation of ephemeral testing and preview environments that support integration tests, manual quality assurance, and development. This platform allows developers to receive timely feedback while alleviating DevOps teams from the burdens of managing ad hoc environments. Additionally, Garden offers an open-source core available on GitHub, as well as a fully supported enterprise edition, catering to diverse needs in modern software development.

Software Defined Automation

Pre Seed Round in 2021
Software Defined Automation is an industrial software and manufacturing company that provides industrial control as a service. The company focuses on optimizing production processes through a cloud-based open collaboration platform that enhances flexibility in manufacturing. Its technology automates the reprogramming of industrial automation components and virtualizes control software, decoupling it from hardware. This approach equips manufacturers with essential tools to improve productivity and resilience while enabling project management companies to enjoy greater operational freedom. By integrating advancements in software, control systems, and information technology, Software Defined Automation aims to transform traditional manufacturing practices and enhance overall efficiency.

GitGuardian

Series B in 2021
GitGuardian is a cybersecurity platform specializing in Non-Human Identity security, providing comprehensive solutions for secrets detection in code and infrastructure-as-code security. The platform utilizes machine learning algorithms to monitor version control systems, DevOps tools, and configurations in real-time, effectively identifying exposed sensitive information and misconfigurations across both public and private repositories. With over 600,000 developers utilizing its services, GitGuardian offers tools for detection, remediation, and proactive prevention of data leaks, helping organizations mitigate risks that could lead to significant financial losses. Additionally, the platform features capabilities such as Honeytoken technology, enhancing security enforcement and monitoring. GitGuardian is recognized as a leading security application on the GitHub marketplace, underscoring its commitment to safeguarding sensitive data in the software development process.

Garden

Seed Round in 2020
Garden is a development automation platform that focuses on enhancing the testing and development processes for backend applications, particularly in cloud native environments. As organizations increasingly adopt cloud technologies like containers and Kubernetes, developers often face challenges related to productivity and effective testing workflows. Garden addresses these issues by enabling the creation of ephemeral testing and preview environments that support integration tests, manual quality assurance, and development. This platform allows developers to receive timely feedback while alleviating DevOps teams from the burdens of managing ad hoc environments. Additionally, Garden offers an open-source core available on GitHub, as well as a fully supported enterprise edition, catering to diverse needs in modern software development.

GitGuardian

Series A in 2019
GitGuardian is a cybersecurity platform specializing in Non-Human Identity security, providing comprehensive solutions for secrets detection in code and infrastructure-as-code security. The platform utilizes machine learning algorithms to monitor version control systems, DevOps tools, and configurations in real-time, effectively identifying exposed sensitive information and misconfigurations across both public and private repositories. With over 600,000 developers utilizing its services, GitGuardian offers tools for detection, remediation, and proactive prevention of data leaks, helping organizations mitigate risks that could lead to significant financial losses. Additionally, the platform features capabilities such as Honeytoken technology, enhancing security enforcement and monitoring. GitGuardian is recognized as a leading security application on the GitHub marketplace, underscoring its commitment to safeguarding sensitive data in the software development process.

Garden

Seed Round in 2018
Garden is a development automation platform that focuses on enhancing the testing and development processes for backend applications, particularly in cloud native environments. As organizations increasingly adopt cloud technologies like containers and Kubernetes, developers often face challenges related to productivity and effective testing workflows. Garden addresses these issues by enabling the creation of ephemeral testing and preview environments that support integration tests, manual quality assurance, and development. This platform allows developers to receive timely feedback while alleviating DevOps teams from the burdens of managing ad hoc environments. Additionally, Garden offers an open-source core available on GitHub, as well as a fully supported enterprise edition, catering to diverse needs in modern software development.

GitGuardian

Seed Round in 2018
GitGuardian is a cybersecurity platform specializing in Non-Human Identity security, providing comprehensive solutions for secrets detection in code and infrastructure-as-code security. The platform utilizes machine learning algorithms to monitor version control systems, DevOps tools, and configurations in real-time, effectively identifying exposed sensitive information and misconfigurations across both public and private repositories. With over 600,000 developers utilizing its services, GitGuardian offers tools for detection, remediation, and proactive prevention of data leaks, helping organizations mitigate risks that could lead to significant financial losses. Additionally, the platform features capabilities such as Honeytoken technology, enhancing security enforcement and monitoring. GitGuardian is recognized as a leading security application on the GitHub marketplace, underscoring its commitment to safeguarding sensitive data in the software development process.

GitBook

Seed Round in 2016
GitBook is a modern documentation platform that focuses on enhancing documentation and knowledge management for technical teams. It offers an online open-source tool designed to facilitate the creation of documents such as APIs, products, and user guides. By leveraging open-source editing and collaboration features, GitBook provides users with a seamless experience for drafting and managing documentation, aiming to establish a new standard for modern work and collaboration in documentation practices.
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