Uplift Ventures, a new VC fund backed solely by German material handling company Jungheinrich, is launching a 100 million euro fund to back deeptech startups in Europe and the US. The fund targets sectors including robotics, AI, and advanced manufacturing. Ex-NGP Capital investor Jskbal will lead the investment strategy, drawing on experience from previous deeptech backing.

The initiative aims to bridge the gap between laboratory research and commercial deployment for high-growth tech companies. By leveraging Jungheinrich's industrial expertise, Uplift Ventures provides portfolio companies with access to real-world implementation opportunities and market validation.