Tuesday, 24 March 2026

Google ‘Moonshot’ Veteran Launches €50M Fund to bridge Europe’s deep tech scale gap

Europe’s deep tech sector has just received a major vote of confidence. Mahir Sahin, a former senior executive at Google and lead advisor at Alphabet’s Moonshot X Factory, has launched a €50 million investment fund through his London-based venture firm, Cloudberry Ventures. Mahir 

The goal is to support scientists, engineers and founders developing the breakthroughs needed to power the next decade of global technology.

Sahin, who spent over 15 years at Google helping scale Android from one million users to more than four billion globally, believes the current trajectory of artificial intelligence presents a major challenge.

“The current AI trajectory is unsustainable. We cannot build an exponential digital future on top of a linear physical supply chain.”

Instead of focusing on traditional software investments, Cloudberry Ventures is targeting deeper layers of the technology economy where long-term competitive advantage is created through hardware innovation, materials science and specialised software.

Europe’s deep tech opportunity

Despite Europe producing 43% of the world’s Nobel laureates, the region captures only 11% of global funding and just 2% of Big Tech market capitalisation.

Sahin argues this gap has created an opportunity for overseas investors, with US venture firms often acquiring European deep tech companies at discounted valuations before relocating intellectual property abroad.

However, there are signs of momentum building. The $2 billion Series C funding round for UK-headquartered Nscale, the largest of its kind in Europe, highlights the growing scale of the continent’s deep tech ambitions.

Where Cloudberry is investing

Cloudberry Ventures is targeting Seed to Series A startups, typically investing €1–€2 million per company across three areas:

Industrial Infrastructure – advanced materials, energy innovation and autonomous manufacturing.

Financial Infrastructure – blockchain-enabled cross-border finance and digital asset systems.

Compute Infrastructure – next-generation computing technologies including quantum systems, photonics and Edge AI.

One early investment is Xavveo, a Berlin-based startup developing photonics radar technology designed to give robotics systems full 360-degree environmental awareness.

Backed by global expertise

Cloudberry’s team draws on experience from organisations including Google, Samsung, Airbus and HSBC, offering founders both technical mentorship and international scaling support.

Before launching the new fund, Sahin tested the model through Cloudberry Pioneer Investments, achieving an 86% gross IRR and a 2.4x return on invested capital in just 16 months.

If the strategy succeeds, Cloudberry Ventures could help ensure that Europe’s next generation of breakthrough technologies are not only invented on the continent, but scaled there too.

https://cloudberry.ventures

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