TRUMPF Venture

company

About

TRUMPF Venture is the Corporate Venture Capital unit of the TRUMPF group

  • 1 - 10

Highlights

Details

Industries
Electronics,Information Technology,Laser,Machinery Manufacturing,Manufacturing,Optical Communication,Quantum Computing,Software,Venture Capital
Founded date
Jan 1, 2016
Number Of Employee
1 - 10
Operating Status
Active
Investor Type
CVC

The corporate venture capital arm TRUMPF Venture extends TRUMPF’s comprehensive activities to promote innovation and to detect disruptive technologies and business models early on. TRUMPF is the world technological and market leader for machine tools used in flexible sheet metal processing as well as industrial lasers. TRUMPF Venture invests globally in early-stage start-ups active in areas complementary or adjacent to the TRUMPF core, such as Advances Photonics and Smart Factory. Funded start-ups benefit from an extensive network, deep domain knowhow, proven skills in scalability as well as support to access the TRUMPF group and its ecosystem. The requirements for a potential investment are a strategic fit, a high innovation leverage and differentiation in business model or technology, an experienced management team and risk adequate financial returns.

Investments

Number of Investments
Number of Lead Investments
3
0
TRUMPF Venture has made 3 investments. Their most recent investment was on Oct 26, 2022, when Ascend Elements raised $200M.
Date Company Name
Round Money Raised Industry Lead Investor
Oct 26, 2022 Ascend Elements
Series C $200M Advanced Materials
Sep 21, 2021 Ascend Elements
Series B $70M Advanced Materials
Apr 12, 2021 Ascend Elements
Series B $20M Advanced Materials