TRUMPF Venture partners with Unternehmertum Venture Capital

TRUMPF Venture participates in the Unternehmertum Venture Capital’s second fund, which has made 70 million euros available to finance start-ups

Ditzingen/Munich, May 5, 2017 – TRUMPF expands its venture capital activities by joining the Unternehmertum Venture Capital (UVC) group. 
TRUMPF bolsters UVC’s 70 million-euro second fund with an investment of 5 million euros. The fund finances start-ups in the areas of Industrial Technologies and Smart Enterprises. In January, the early-stage financier successfully concluded its first closing with 34 million euros. Other UVC stakeholders include family offices, companies and industry groups.
“We see the partnership with UVC as an important building block to expand our venture capital activities. Coupling our industry experience with the expertise of UVC’s team lays the foundation for a successful collaboration. Expanding our network gives us a broader perspective on areas within and outside our own realm,” says Christof Siebert, head of technology and innovation management at TRUMPF. 
The new UVC fund II plans to set up a portfolio of 15 to 20 high-growth companies from the German speaking region in the areas of Industry 4.0 and IoT, B2B software (SaaS), mobility and Smart City. UVC steps in as lead investor primarily in the seed and series A phase, typically investing up to 3 million euros at first. In further funding rounds, UVC can invest a total of up to 8 million euros per start-up.	

Digital photographs in print-ready resolution are available to illustrate this press release. They may only be used for editorial purposes. Use is free of charge when credit is given as “Photo: TRUMPF”. Graphic editing – except for dropping out the main motive – is prohibited. Additional photos can be accessed on the company website: www.trumpf.com/en/press/media-services 

		Christof Siebert, Head of technology and innovation management at TRUMPF GmbH + Co. KG

			
		Unternehmertum Venture Capital Partners GmbH
f. l. t. r.: Johannes von Borries, Managing Partner
Dr. Ingo Potthof, Managing Partner 
Dr. Helmut Schönenberger, Managing Partner
Andreas Unseld, Partner

			

About UnternehmerTUM und Unternehmertum Venture Capital
UnternehmerTUM offers founders and start-ups a complete service, from the initial idea all the way to stock market flotation. A team of experienced entrepreneurs, scientists and managers supports founders with the development of their products, services and business models. The experts accompany them actively with building up their companies, market entry and financing – also via Venture Capital.

 UnternehmerTUM is the largest German innovation and entrepreneurship center and is partnering with many leading German corporates, universities as well as research institutes.

Unternehmertum Venture Capital (UVC) Partners is an early-stage fund investing in new businesses with innovative technologies and international market potential. UVC Partners focuses on Industrial Technologies & Smart Enterprises with a preference for B2B business models. Even though UVC Partners is fully independent, it can leverage the overall UnternehmerTUM ecosystem to support its portfolio companies. 

www.unternehmertum.de
www.uvcpartners.com

About TRUMPF
The high-technology company TRUMPF offers production solutions in the machine tool, laser and electronics sectors. We are driving digital connectivity in manufacturing industry through consulting, platform and software offers.TRUMPF is the world technological and market leader for machine tools used in flexible sheet metal processing, and also for industrial lasers.
In 2015/16 the company – which has more than 11,000 employees – achieved sales of 2.81 billion euros. With over 70 subsidiaries, the TRUMPF Group is represented in nearly all the countries of Europe, North and South America, and Asia. It has production facilities in Germany, France, Great Britain, Italy, Austria, Switzerland, Poland, the Czech Republic, the USA, Mexico, China and Japan.

For more information about TRUMPF go to www.trumpf.com

TRUMPF Venture
TRUMPF Venture GmbH expands on the comprehensive activities of the company in supporting innovation and identifying disruptive technologies at an early stage. As the venture capital arm of TRUMPF, the company is both a strategic partner and a venture capital investor, to help innovative company founders to get started on the market and to grow. 

For more information about TRUMPF go to www.trumpf.com/s/en-venture

Press contact:
Heidi-Melanie Maier
Spokesperson, Head of Corporate Communications
+49 7156 303-31720
heidi.maier@de.trumpf.com

TRUMPF GmbH + Co. KG
Johann-Maus-Strasse 2
71254 Ditzingen
Germany