TRUMPF Launches Venture Capital Firm

High-technology company TRUMPF GmbH + Co. KG (Ditzingen, Germany) has founded a venture capital company for funding technology start-ups, TRUMPF Venture GmbH, which began operations effective July 1, 2016. The aim of this venture capital firm is to fund promising young companies that want to play a major role in shaping the future of industry. Over the coming five years, the firm will establish an investment portfolio of around 40 million euros.

“Once we get into our stride, we plan to participate in around five startups per year. As a strategic investor, we want to use our network, our industrial production expertise and our technological know-how to assist startups with market launch and successful growth,” explained Christof Siebert, the head of technology management at TRUMPF, in reference to the firm’s future plans. “We are especially interested here in the fields of photonics and digitally connected production, as well as in new manufacturing processes, smart components and high-tech materials. We’re already having discussions with first startups and assuming that we’ll be able to make investments relatively soon. As a partner of the CODE_n new.New Festival in Karlsruhe, we’ll soon be making contact with further interesting startups.”

This venture capital firm is an extension of TRUMPF’s comprehensive activities to promote innovation and to detect disruptive technologies at an early stage. In addition to their research and development and merger and acquisitions departments, this includes comprehensive technology scouting in the central R&D department, as well as close links with relevant technological centers of excellence worldwide. All of these measures are enabling long-term and sustainable assessment of trends and early entry into suitable high-technology fields.

www.trumpf.com