Germany · 
Who invested in Nelly?
Nelly's investors include Cathay Innovation, Gaingels, Notion Capital, Lakestar and B2venture, and 2 more on record. Cathay Innovation led its latest round.
Germany · Series B startup
Who invested in Nelly
One round we have observed, with the 7 investors named in it. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.
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Funding summaryUpdated 5 Nov 2026
$51Mraised across 1 round since 2025, from 1 source
- Latest round
- Series B, $51MJan 2025
- Led by
- Cathay Innovation
- Investors
- 7 (1 led)
The rounds
- Jan 2025Series B$51M
Reported by TechCrunch
Founders and team
From Nelly's own website: 4 founders.
Everyone who backed them
Cathay InnovationVC firm1round, led 1
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Also claim to have backed them
These 5 firms list Nelly as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.
Quick answers about Nelly
How much has Nelly raised?
Nelly has raised $51M across 1 round since 2025.
When did Nelly last raise?
Nelly's most recent round was a Series B of $51M in Jan 2025, led by Cathay Innovation.
What was Nelly's biggest round?
Its most recent round, $51M in Jan 2025, is also its largest on record.
Who backed Nelly first?
Nelly's first round on record, in Jan 2025, was backed by Cathay Innovation, Gaingels and Notion Capital and 4 others.
What stage is Nelly at?
Nelly's latest named round is a Series B, in Jan 2025.
Where is Nelly based?
Nelly is based in Germany.
Who led Nelly's rounds?
Cathay Innovation led the Series B in 2025.
Companies like Nelly
In the same sector, and raised in the last eighteen months.
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