Germany’s Uplift Ventures debuts €100 million fund to bridge Europe’s DeepTech financing gap
Uplift Ventures, the Hamburg- and Berlin-based venture platform, has launched its inaugural €100 million venture capital fund to back Europe’s next generation of DeepTech founders. The fund is backed by Jungheinrich, the German intralogistics group that founded Uplift Ventures. It will deploy the €100 million across up to 20 startups and selected DeepTech funds, primarily […] The post Germany’s…
Hamburg-based venture platform Uplift Ventures has launched an inaugural €100 million DeepTech investment fund, addressing Europe's financing gap for ambitious early-stage DeepTech companies. Backed by German intralogistics group Jungheinrich, the fund will support up to 20 startups and selected DeepTech funds across Europe and the US.
Uplift Ventures aims to build a global network to support founders after initial investments. CEO Lars Brzoska emphasizes the importance of patient capital and partners who understand industrial challenges and entrepreneurial ambition. With Europe as the home to legacy industry leaders like ABB, Siemens, and Rolls-Royce, Uplift Ventures seeks to create a foundation for a new generation of globally relevant technology companies.
The fund will target four sectors: physical AI, energy, enterprise AI, and logistics. Founding General Partner Christian Noske, with over ten years of DeepTech investing experience, is determined to provide founders with the necessary resources, experience, and global perspective as Europe faces a shortage of capital for late Seed and Series A deals.
Written by urgent.news from EU-Startups's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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