Germany’s Uplift Ventures unveils €100m deep-tech fund

Germany’s Uplift Ventures has launched a €100 million deep-tech fund with backing from Jungheinrich, a leading intralogistics company. The venture firm, based in Hamburg and Berlin, aims to invest in seed and Series A rounds for 20 start-ups across Europe and the US. Uplift Ventures, an independent platform founded in 2025, will collaborate with Jungheinrich to support companies working in physical AI, energy, enterprise AI, and logistics.

Jungheinrich CEO Dr Lars Brzoska emphasized the importance of patient capital and understanding industrial challenges for the success of deep-tech companies. Uplift Ventures has already developed an AI-powered compliance platform, Turnus.ai, and has invested in several European deep-tech funds. The fund aims to address the acute shortage of scaling investments for European deep-tech start-ups compared to their US counterparts.

European deep-tech start-ups are attempting to remedy this issue with the new Scaleup Europe Fund, which officially launched last month. Christian Noske, Uplift Ventures' founding general partner, expressed excitement about launching the new fund and supporting Europe's dedicated deep-tech investors.