Ex-Google Moonshot X Advisor Launches €50 Million Cloudberry Ventures DeepTech Fund

The fund aims to support Europe’s DeepTech innovations essential for overcoming current AI limitations.

Advisors and limited partners include Mark Bennett (VP, Google Partnerships), Neil Ventura (ex-De Beers), Ehsanul Islam (VP, Qualcomm), and Julia Holze (CosmicGold). Focused on Seed to Series A rounds (€1–2 million), the fund targets industrial, compute, and financial infrastructure.

Sahin warns the AI race is unsustainable: “The physical chip sparked the software era. Without investing in the deep tech powering AI the physical substrate the AI project risks hitting a wall.”

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Cloudberry Ventures invests globally, backing teams with defensible technologies such as patented hardware and data-driven software that form the foundation of economic and societal infrastructure.

Cloudberry aims to stop the “IP strip-mining” of European innovation. “US investors are exploiting this by buying up European DeepTech at a 10x discount and flipping the IP to the States. Europe’s innovators need investors who are fluent in science and scale, and that’s what we provide at Cloudberry,” Sahin added.

The firm states that the launch occurs amid “unprecedented bottlenecks” faced by leading cloud providers. Sahin emphasises that the “SaaSpocalypse” is here. “We are attempting to build an exponential digital future on top of a linear physical supply chain. We urgently need cleaner, more scalable, and affordable materials, paired with intelligent AI technologies to unlock new levels of efficiency and unleash economic growth.”

Cloudberry Ventures focuses on three key areas: industrial infrastructure (advanced materials, energy and autonomous manufacturing), compute infrastructure (next-gen memory, quantum, photonics, and Edge AI), and financial infrastructure (blockchain-based settlements and digital assets). Its new fund has already invested in Xavveo, a Berlin-based photonics radar startup creating 360-degree awareness systems for robotics.

Sahin’s previous fund, Cloudberry Pioneer Investments (CPI), delivered an 86% gross IRR and 2.4x MOIC in just 16 months, with notable portfolio companies including Quantum Brilliance, which is building the world’s largest quantum production line.

“DeepTech demands a paradigm shift in how we build and back ventures. Europe produces world-class science and IP yet comparatively few ventures are built from it because deep tech founders are world-class scientists not necessarily world-class entrepreneurs. What’s missing is a new playbook: patient capital, systems thinking, and the operational experience to turn breakthroughs into global champions. Cloudberry Ventures brings all this together: the capital and patience for long development cycles and its venture partners who bring the systems thinking and hands-on expertise to help deep tech founders make the leap from lab to market,” said Julia Holze, founder of Cosmic Gold and Venture Partner Cloudberry Ventures.

Cloudberry Ventures invests in rare DeepTech innovations at the forefront of science and technology where compute, materials and finance face limits. By supporting exceptional founders tackling extreme challenges the firm drives breakthrough solutions and high-value impact.