The fund is founded and backed by German intralogistics company Jungheinrich.
Germany’s Uplift Ventures has launched its inaugural €100m fund to back deep-tech start-ups in Europe and the US.
The fund is backed by German intralogistics company Jungheinrich, which founded the venture firm and whose operations span more than 40 countries with more than €5bn recorded in annual revenue.
Uplift, which runs independently to the logistics giant, will deploy funds into seed and Series A rounds across 20 start-ups. The 2025-founded venture platform is based in Hamburg and Berlin and supports companies working in physical AI, energy, enterprise AI and logistics.
“Deep-tech requires patient capital and partners who understand both industrial challenges and entrepreneurial ambition,” said Jungheinrich CEO Dr Lars Brzoska in a statement.
