Loading organizations...
Karcher New Venture is the corporate venture capital arm of the Kärcher Group, investing in and partnering with startups focused on innovative cleaning solutions from its bases in Winnenden / Stuttgart, Germany, and Sunnyvale, California. The unit strategically connects the agility of startups with Kärcher Group's extensive expertise, global network, and infrastructure. It facilitates pilot projects across various Kärcher Group functions, including purchasing, production, HR, and sales, targeting advancements in smart cleaning, robotics, automation, and new business models within the cleaning technology sector. The firm provides capital, strategic partnerships, and infrastructure, leveraging its parent company's funding. Key personnel involved in the venture unit include Wolfram Hauff, Vera Stickl, and Thomas Koeger. Its business model centers on corporate venture capital arm that provides capital, strategic partnerships, and infrastructure to startups, funded as part of the family-owned Kärcher Group.
Key people at Karcher New Venture.
Karcher New Venture was founded in 2016 by Alfred Karcher (Founder).
Karcher New Venture has 2 tracked investments across 2 companies. The latest tracked deal is $20.0M Series A in TULU in April 2022.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Apr 20, 2022 | TULU | $20.0M Series A | NEW ERA Capital Partners | AGP, Good Company, Ground UP Ventures, I3 Equity Partners, Infinity Ventures, Ingo Ramesohl, Round Hill Ventures, TAL Ventures |
| Oct 15, 2018 | Skyline Robotics | $3.0M Other Equity | Gefen Capital, Karcher NEW Venture | Bosa Properties, ICONYC, Israeli Innovation Authority, Sufrin Group |
Karcher New Venture was founded in 2016 by Alfred Karcher (Founder).
Key people at Karcher New Venture.
