TRUMPF Venture is the Corporate Venture Capital unit of the TRUMPF group
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.
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 | — |