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Disrupting the space industry



Isar Aerospace was founded in 2018 to lower the entry barriers to space. By pushing the boundaries they are opening space as a platform for future technologies and competitiveness. As a launch service provider for small and medium-sized satellites they create easy access to space for global customers. Offering the first fully privately funded European solution to meet the growing global demand, Isar Aerospace is driving commercial space across all continents.
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Neutral atom quantum computers



planqc builds scalable quantum computers that operate at room temperature by controlling atoms in artificial crystals of light. (Lab photo copyright: Axel Griesch, team photo copyright: Roman Bause)
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Power plants via optimized stellarators



Proxima Fusion is working to develop power plants via optimized stellarators, devices that form magnetic cages for high-energy matter. Proxima is the first-ever spin-out company from the Max Planck Society Institute for Plasma Physics, which built and operates the most advanced stellarator on the planet, W7-X. Research over the past decade has now set the stage for Proxima to leverage modern optimization tools and design capabilities, and accelerate fusion. With W7-X reaching high-performance in continuous operation, uniquely among fusion concepts, Proxima Fusion is catalyzing the creation of a new fusion ecosystem in Europe. Connecting partners from industry and academia, the Proxima Fusion founding team, coming together from the Max Planck Society, MIT and Google, is now entering the race for fusion energy to turn stellarators into economically viable fusion power plants.
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Future of computing with photonic processing

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Q.ANT delivers a scalable, photonic alternative to transistor-based computing with its LENA architecture—Light Empowered Native Arithmetics. By computing natively with light, the company enables analog co-processing optimized for complex AI and HPC workloads, drastically reducing energy consumption. With its in‑house Thin‑Film Lithium Niobate chip pilot line (via IMS CHIPS collaboration) and live deployments of Native Processing Servers, Q.ANT is advancing the next wave of high-performance, energy‑efficient computing.
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A CO2-neutral car subscription
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finn.auto offers an all-inclusive car subscription which stands out due to its fair and transparent return conditions, the short-term availability of the cars and maximum flexibility in the market: customers can change or cancel their car at any time. By offsetting the CO2 emissions of its fleet, the startup enables a more sustainable mobility.
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Next generation procurement engine
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Strategic procurement today needs to be efficient, resilient, and sustainable – but drowns in transactional activities. Ever-increasing complexity in terms of parts, suppliers, and supply chains as well as lacking internal and external data transparency requires novel solutions to drive competitive advantage. Tacto supports procurement teams to focus on what matters by automating what does not.
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Global mobility provider



Flix is a global mobility provider which, since 2013, has been changing the way millions of people worldwide are traveling, under the FlixBus brand, and more recently also with FlixTrain. As a unique combination of a tech start-up, an e-commerce company, and a classic transport operator, they have become the market leader in many different regions and within a very short time, they have created Europe’s largest long-distance bus network. With FlixTrain, since 2018 Flix has also been offering a constantly growing range of train connections and intermodal travel options.
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Next generation AI language models



Aleph Alpha, the leading company in explainable and trustworthy generative AI applications, has raised capital and forged key strategic partnerships in a series B financing round to launch the next stage of its development in the global AI race. The consortium consisting of seven new investors is led by the Innovation Park Artificial Intelligence (Ipai), Bosch Ventures and Schwarz Group. Other new investors include Berlin-based Christ&Company Consulting, the global edge-to-cloud company Hewlett Packard Enterprise and German multinational enterprise application software company SAP, as well as investor Burda Principal Investments. Former investors complete the round. This strategic investment will further strengthen the German and European AI position for the development of sovereign AI.
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Climate tech start-up for renewable energies



Reverion GmbH is a spin-off of the Technical University of Munich. The start-up develops the technology, which was successfully validated in a research project, to commercial maturity and markets it as a plant manufacturer. The container-based plants can replace conventional gas engines with their low efficiencies and can be operated with hydrogen in addition to biogas. In addition, plants produce pure CO2 as a byproduct of power generation, so they can operate CO2-negatively.
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Laser drone defense that is eye-safe for cities and ready for conflict zones



INLEAP Photonics is a Hanover-based DeepTech startup building laser-based drone defense: high-precision, ultra-fast laser beam steering that neutralizes a drone within seconds by targeting its weak points. Founded in 2023 as a spin-off from Laser Zentrum Hannover e.V., a center of optics and laser systems research, the company combines industrial-grade robustness with deep expertise in laser systems. Its FASTLIGHT SHIELD effector is eye-safe, so the same system can protect airports, energy facilities, and data centers as well as military sites. A second system, FASTLIGHT HELD, mounts the effector on an all-terrain unmanned ground vehicle for mobile counter-drone missions. INLEAP Photonics already works with the German Federal Ministry of Defence and the Bundeswehr Cyber Innovation Hub, and recently partnered with STARK Defence. Founded by Dr.-Ing. Marius Lammers (CEO) and Dr.-Ing. Felix Wellmann (CTO), INLEAP Photonics is built on the conviction that Europe must be able to protect its critical infrastructure and its forces with sovereign technology.
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Travel with Sustainable Aviation Fuels (SAF)
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Metafuels develops next-generation synthetic aviation fuels that are fully drop-in compatible with existing aircraft and infrastructure. By leveraging proprietary process innovations, the company produces high-energy-density fuels from renewable electricity and CO₂, enabling airlines to decarbonize without costly fleet or airport modifications. Metafuels unlocks a scalable, cost-competitive path to net-zero aviation, positioning itself at the intersection of climate technology, energy transition, and global mobility.
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The AI Foundation for General Contractors



General contractors bidding on large projects work through up to 100,000 pages of plans, models and specifications, where a single missed contradiction can cost millions. Kuro reads all of these documents, links them into one data model and flags conflicts before the price is set, saving estimating teams around 90 hours per bid. Six of the 20 largest general contractors in the DACH region already work with Kuro. Founded in 2024 by Lea Scherer and Jonas Minkler, based in Berlin.
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Industrial robots for the masses



fruitcore robotics specializes in the development, production and marketing of technically outstanding and easy-to-use robot systems.
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Turning compliance into a competitive advantage

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Certivity transforms regulatory complexity into machine-readable compliance intelligence. Using large language models and domain-specific AI, it generates “law as data” from global sources, enabling fully digital workflows for engineering and compliance teams. By broadening regulation coverage, enhancing AI, and deepening tool integrations, Certivity turns compliance from a mandatory requirement into a strategic asset, accelerating development, reducing risk, and driving operational efficiency at scale.
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Business Context Layer for Enterprise AI

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Enterprises run on rules and decision structures accumulated over decades – discount logic, approval limits, process routings – encoded deep inside systems like SAP. That institutional knowledge has never been made usable for AI. Cirql One changes that. Its platform extracts business context directly from enterprise applications and formalizes it into governed, reusable assets that AI systems can act on without manual reconstruction for every use case. The result is enterprise AI that operates reliably, at scale, grounded in how businesses actually work. Founded in early 2025 by Gregor Stöckler, Stefan Hockenberger, and Tara von Metzen – a founding team with over 20 years of combined SAP experience – Cirql One introduces a new category: the Business Context Layer. Already live in production with enterprise customers including dm Drogeriemarkt, and headquartered in Heidelberg, Germany.
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Building the commercial brain for industrials



Atira is a Munich-based AI startup building the commercial brain for industrial manufacturing: an AI agent that runs the full response to a request for quotation (RFQ), from reading the incoming documents to configuring the solution, flagging deal risks and drafting the quote. Founded in November 2024, the company operates the agentic layer between a manufacturer's CRM and ERP, automating work that still ties up sales engineers, technical, legal and commercial teams for weeks to months per proposal. Its agents take on the complex, built-to-order inquiries that never fit into standard configuration software, and the platform grows sharper with each deployment as it captures which configurations win and which risks matter. Since its commercial launch in 2025, Atira has signed more than 15 enterprise customers, with zero churn and 100% pilot conversion. It was co-founded by Florian Diegruber (CEO), who led Palantir's commercial team in the DACH region for four years, and August DuMont Schütte (CTO), who spent eight years shipping AI into production at Google and Hilti.
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Cyclize has developed a technology to defossilize the chemical industry using mixed plastic waste to produce synthesis gas



Cyclize, a spin-off from the University of Stuttgart, has developed a technology to defossilize the chemical industry using mixed plastic waste and CO2 as raw materials to produce synthesis gas (a gas mixture of carbon monoxide and hydrogen). This synthesis gas is a fundamental building block for advanced chemicals and is used in making plastics, methanol, hydrogen, and e-fuels. Until now, synthesis gas has been obtained through the linear use of fossil resources such as natural gas. The innovative plasma-based process replaces fossil resources with waste materials, enabling a circular carbon economy and avoiding hundreds of megatons of CO2 annually by 2050.
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Creating new-to-world enzymes



Biomatter is a synthetic biology company creating new-to-world enzymes for medicine, agriculture, chemical biomanufacturing, life scienceapplications. By partnering with global companies (incl. Thermo Fisher Scientific, BASF, Neogen) across different industries, Biomatter launches new bio-based products and technologies enabled by their unique enzymes. This funding round marks a significant milestone for Biomatter, positioning the company well for completing the next major milestones and future growth.
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Frontier AI that adapts without retraining



kausable is a Heidelberg-based DeepTech AI startup building a reasoning-first causal world model – frontier AI that learns rapidly from little data and adapts to new contexts on its own, without the constant, costly retraining that today's systems depend on. The company grew out of the Department of Physics and Astronomy at Heidelberg University, the same research environment that produced Black Forest Labs. kausable has developed TipPFN, a zero-shot model that forecasts rare, high-impact "black swan" events in complex dynamic systems, with applications across robotics, medicine, energy and finance. Its causal reasoning architecture has been validated in a joint research paper with Columbia University. Founded in 2025 by Johannes Haux (CEO), Dr. Benjamin Herdeanu (CTO) and Gregor Ramien (COO), kausable is built on the conviction that Europe can and should build frontier AI.
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AI-Driven Materials Discovery Engine



Every technological era has been defined by a material breakthrough, from bronze to silicon. Yet only a fraction of theoretically possible materials have ever been made, and the critical ones are increasingly concentrated in single-country supply chains. alqem changes that. Built by the team behind Alexandria, the world's leading open materials database, the company combines the largest known database of predicted materials with proprietary training datasets and in-house synthesis into a single discovery engine. It compresses the path from scientific prediction to industrial application from decades to months, getting more accurate with every iteration. It starts where the need is greatest: rare-earth-free permanent magnets, a material the world urgently needs and hasn't been able to replace in over 40 years. Founded in 2026 by Dr. Hanh Nguyen, Dr. Tiago Cerqueira, and Prof. Milan Allan, and based in Munich and Coimbra.
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End-to-end sustainability data management software for industrials



Tanso Technologies enables industrial companies to become part of the solution to a lower carbon economy. The Munich-based startup aims at making sustainability accounting as integrated, transparent and verifiable as financial accounting. Tanso’s end-to-end sustainability management platform enables industrial companies to actively leverage their data in taking positive climate action and creating real business value.
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Unlocking carbon from complex plastic waste



Radical Dot operates at the intersection of chemical innovation and environmental sustainability. Leveraging over a decade of experience in plastics, waste management, and sustainable chemistry at Systemiq the team has developed a ground-breaking process to transform plastic waste into valuable chemical products. Headquartered in Munich, Radical Dot is hosted at TUM Venture Labs ChemSPACE, where it continues to advance its technology and impact.
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Deep Learning-based document processing automation

Hypatos is applying language processing AI and computer vision tech to speed up financial document processing for business use-cases such as invoices, travel and expense management, loan application validation and insurance claims handling via — touting a training dataset of more than 10M annotated data entities.
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Power circuits for a next generation of battery storage systems



STABL Energy makes battery storage more efficient, more safe, affordable, and allows easy re-use of second-life batteries.
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In-wheel motor for electric vehicles



A highly efficient gearless in-wheel motor that addresses cost and range, which are the biggest issues faced by electric vehicles.
visit websiteWe are a Munich and Berlin-based venture capital firm.
We partner with B2B startups across Europe at their earliest stages up to Series A. We initially invest up to €10 million, but we don’t stop there. We are in it together – for the long haul.

