🚀 Today, we're publishing our open letter to European founders & announcing €500M to fuel the next wave of builders in Europe. There’s been a lot of negativity about Europe’s tech ecosystem lately. But while challenges exist, Europe remains the world’s largest common market—and together, we have the opportunity to build one of the most exciting tech hubs globally. We need a pro-innovation, pro-technology mindset. We need optimists, not pessimists; builders, not bureaucrats; collaboration, not division. A huge thank you to our LPs for their continued trust in us, our co-investors, ecosystem partners, and of course the entire Cherry team. And most of all, thank you to all our Cherry Ventures founders, it's a privilege to be working together in this industry — and we’re just getting started. LFG, Europe! 🇪🇺🚀 bloomberg.com/news/articles/…

Good Morning from Germany, where one of Europe’s biggest landlords calls the country “uninvestable.” Heimstaden is withholding fresh capital over Berlin’s expropriation plans. It owns 20,000 apartments in the city worth ~€5bn and estimates a potential €1bn loss. Its hybrid bond has plunged from ~98 cents in August to 82.5. The irony: a policy meant to tackle the housing shortage risks driving away investment without building a single new home. bloomberg.com/news/articles/…

We have raised a $550M Series E at an $8.8B valuation, led by Atreides. Every major existing investor is back in, and we’re welcoming Baron Capital, Capital Group, Fidelity, Glade Brook and J.P. Morgan. We picked investors who think in decades. Several of them work with law firms and legal teams every day, so they can see where the work is heading. Lawyers are moving from AI assistants to agents that do multi-step work. The money goes there. We’re growing our teams across North America, Europe, Latin America and Asia-Pacific, and going deeper on the Legora aOS. Thank you to the 1,000+ people at Legora, and to the 140,000 legal professionals who use what we build. I say this a lot because I believe it: it’s the best time in history to be a lawyer. We're thankful to be a part of it. Full story: legora.com/blog/series-e

Huge congrats, @MaxJunestrand and team @WeAreLegora 🚀 🚀 🚀

We raised $550M at an $8.8B valuation. A cap table tells you how a company intends to build. We built this round around investors with a long time horizon: established long-term holders, plus institutions that work with law firms and in-house legal teams every day and have a close view of where legal work is heading. @Atreidesmgmt / @GavinSBaker led. @BaronCapital, @CapitalGroup, @Fidelity, @GladeBrookCap and @jpmorgan are new. Every major existing investor is in again. Short-horizon money asks for growth at any price. Long-horizon money asks whether the business holds up. We’d rather deliver on the second question. ARR is past $200M, and the next $100M took us less than six months. Gross margin is healthy and the cost structure gets stronger as we scale. Patient investors let us keep it that way, because nobody is asking us to trade one for the other. Thank you to every investor who joined, and to the customers and team who bet on us. Adding a picture from when we signed the term sheet. Back to work. LFG!

Have to give the EU regulators credit where it’s due for making all Apple products use USB-C

»German media has a reality-denial problem – and it starts with the journalists«

the neocloud boom is really an anthropic boom of the $157B in publicly priced deals neoclouds signed this year, anthropic signed $90B (57% of total) anthropic's revenue grew 7x in a year and unlike most companies, they actually can use any chip. and they are. they use amazon's trainium, google's tpus, nvidia's gpus, AND signed a deal with amd because it can use any chip, it can rent from anyone with capacity, which protects them from any shortage meta came second at $48B with @nebiusai and @CoreWeave. but where's openAI? this year it signed just $10B with @cerebras - (but in 2025 openai signed ~$610B with @Oracle, @Microsoft, @awscloud and @CoreWeave, while anthropic only signed ~$80B) as long as anthropic keeps growing, the biggest neoclouds will continue to have a great customer

Selbst verursachter Niedergang. Billionen für Klima/Migration/Sozialstaat - zulasten der produktiven Basis. Es ist so traurig.

How much does it cost to repair everything that was damaged in France yesterday and who pays the bill? Asking for a friend.

This is a complicated way to justify a Spacex - Tesla merger imho.

The level of concentration in this market is just mind boggling. @SergeyCYW

Führung abbestellt. Die Grünen sagen selbst, die Linke habe ihre Zusagen gebrochen. In Berlin verhandeln sie trotzdem „nahtlos“ weiter, und die Bundesspitze lässt ausrichten, die Verantwortung liege in Berlin. Dort liegt sie jetzt. Aufheben wird sie keiner.

Spannendes Gespräch zu unserer Arbeit mit @CherryVentures, Europa und den technologischen Herausforderungen der nächsten Jahre. Thanks for having me, @iskenderdirik! 💫🍒🇪🇺 open.spotify.com/episode/2ul…

Today we launched Heartbeat. Most data on European startups starts at the first funding round. So we went earlier: 10,000 companies founded in 2025 and 2026, 9,000+ founders, 89 cities, tracked from incorporation to first institutional round. Tell us who we missed! heartbeat.cherry.vc/

6 years ago: a TUM spin-out with one idea, robots that actually work on factory floors. 🦾 This week: a unicorn. 🦄 Happy 6th birthday, RobCo. Here’s to the next six. 🎂

07.10.2026

Excellence attracts excellence. How @proximafusion competes for the best talents globally.

sorry, this needs a repost 🤣

"Europe only regulates AI." Last 3 weeks: @ElevenLabs #1 in voice. @bfl_ml #1 in robotics. @MistralAI and @Aleph__Alpha shipping frontier open models. 🇪🇺 is building.

Today two European companies have topped two AI leaderboards. It is very easy to count Europe out of the AI game because we don't have a frontier LLM. However, in other non-LLM models, European companies are winning: @ElevenLabs' new v4 Turbo model is the top text to speed model in the world. The number 2 on the leaderboard? Also ElevenLabs. @bfl_ai's FLUX 3 model is the strongest world model out there. These companies are going toe-to-toe with the U.S. and Chinese model makers and beating them. Black Frost Labs (@robrombach) comes out of Freiburg, Germany, while @mati and @dabkowski_piotr are from Poland (but have been global from day 1) NICE