NAP (formerly Cavalry Ventures)

NAP (formerly Cavalry Ventures) is a Berlin-based pre-seed and seed venture capital firm investing in European technology companies. The firm backs what it calls 'expert founders'—nerds and pioneers with deep domain expertise and operational experience who are tackling hard, non-obvious problems in enterprise tech. NAP focuses on areas such as advanced manufacturing, energy transition, security/risk management, and applied AI for legacy industries, where founder domain expertise creates a unique edge. NAP positions itself as a 'no fluff' partner: it provides candid advice, relevant introductions, and capital without bureaucracy or shadow management. The firm typically leads pre-seed and seed rounds, writing initial checks of €1–4M, often investing pre-product and pre-revenue. It is backed by a network of 250+ well-connected individuals and has a strong track record of Series A follow-on investments from top global funds including Accel, Index, Sequoia, and Benchmark.