About TechFounders
TechFounders, an accelerator and incubator program founded in 2014, is based in Munich, Germany. With a presence in 31 countries, it has supported around 169 startups in sectors like Enterprise Applications, High Tech. As of Jul 2026, TechFounders has witnessed 23 portfolio exits. Most notable companies in
its portfolio include Fernride, ProGlove and STABL Energy. The program is backed by a team of 6 people who primarily support Grant (prize money) startups based in Germany. Its latest investment was a $2.16M Seed round in Coreflux on Oct 23, 2024, which also saw participation from Bright Ventures and CloudFirst Capital.
Key Metrics
Founded Year
2014
Location
Munich, Germany
Sectors of Investment
Stages of Investment
Grant (prize money) & Seed
Locations of Investment
TechFounders' List of Top Investments
TechFounders has a portfolio of 169 companies. Their most notable investments are in Tribe and Invenox.Their portfolio spans across Germany, United Kingdom, Sweden and 28 more locations. They have invested in Enterprise Applications, High Tech, Environment Tech and 29 other sectors, across stages such as Grant (prize money), Seed stages. Here is the list of top investments by TechFounders:
1. Fernride
Developer of autonomous driving platform for container terminals and yard operations. The platform automates cargo movement in container terminals, manufacturing facilities, and distribution centers. It enhances container movement efficiency and safety in mixed-traffic operations. The platform reduces risks and frees up personnel with unmanned vehicles. It optimizes yard operations, reducing idle time, eliminating inefficiencies, and boosting productivity. The autonomous trucks automate cargo movements between ports, facilities, and logistics hubs.
Key facts about Fernride
- Founded Year: 2019
- Location: Munich (Germany)
- Stage: Acquired
- Total Funding till date: $87.4M
- Employee Count: 65 as on May 31, 2026
- Investors: 10x Group, 10X Capital and 20 Others
- Latest Funding Round: Series A, Sep 04, 2025, $*****
- Highlight: Acquired
2. ProGlove
Provider of wearable barcode scanners and software for workflow optimization. The company offers devices and software designed to improve scanning accuracy and worker guidance. Solutions include wearable scanners, mobile device management tools, and process optimization software. These products aim to enhance employee satisfaction and streamline operations within logistics, manufacturing, and retail environments.
Key facts about ProGlove
- Founded Year: 2014
- Location: Munich (Germany)
- Annual Revenue: €10M - €50M as on Dec 31, 2023
- Stage: Acquired
- Total Funding till date: $49.1M
- Employee Count: 247 as on May 31, 2026
- Investors: Intel, Summit Partners and 8 Others
- Latest Funding Round: Series C, Sep 09, 2019, $*****
- Highlight: Acquired
3. STABL Energy
Provider of battery storage systems using second-life batteries for energy solutions. The company offers systems that balance energy fluctuations and store surplus energy. These systems reduce dependence on fossil reserves and enable the utilization of renewable energies. The company’s technology allows for the integration of battery modules with varying health.
Key facts about STABL Energy
- Founded Year: 2019
- Location: Germany
- Stage: Series A
- Total Funding till date: $21.7M
- Employee Count: 76 as on May 31, 2026
- Investors: EIC Fund, Nordic Alpha Partners and 5 Others
- Latest Funding Round: Series A, Aug 09, 2023, $*****
- Highlight: Editors' Pick
Provider of sustainable solutions for circular economy. It develops water sorbents to remove pollutants from water and enable the recovery of useful resources. The textiles are antiviral, antifungal, UV-resistant, odor-resistant, moisture-wicking, and more.
Key facts about Claros Technologies
- Founded Year: 2015
- Location: Saint Paul (United States)
- Stage: Series B
- Total Funding till date: $57.7M
- Employee Count: 47 as on May 31, 2026
- Investors: Ecosystem Integrity Fund, American Century Investments and 10 Others
- Latest Funding Round: Series B, Aug 12, 2025, $*****
5. Voltfang
Provider of energy storage systems and energy management solutions for businesses. The company offers battery storage for commercial and industrial applications. It provides solutions for optimizing energy consumption, peak shaving, and multi-use applications. The company delivers energy management systems and battery storage solutions.
Key facts about Voltfang
TechFounders' Year-on-Year Investment Trends
TechFounders has invested in 169 companies over the last 11 years, with an average of 12 new investments annually in the last 10 years. Its most recent first time investment was in Coreflux and most recent follow-on round was in Retorio Systems.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 1 | 0 | 1 |
2023 | 15 | 0 | 15 |
2022 | 18 | 0 | 18 |
2021 | 18 | 0 | 18 |
2020 | 18 | 1 | 19 |
2019 | 17 | 0 | 17 |
2018 | 15 | 0 | 15 |
2017 | 18 | 0 | 18 |
TechFounders' Investments by Stage
TechFounders has made 137 investments in Grant (prize money) stage with an average round size of $28.1K and 3 investments in Seed stage with an average round size of $1.1M.Stage of entry | No. of Investments |
|---|---|
Grant (prize money) | 137 |
Seed | 3 |
Note: We have considered here, only first round of investments
TechFounders' Investments by Sector
TechFounders has a diverse portfolio, with companies operating in the High Tech, Enterprise Applications, Industrial Goods and Manufacturing, Sustainability Tech and Transportation and Logistics Tech. Notably, it has invested in 150 Tech companies, 137 Enterprise (B2B) companies, 111 Software companies and at least 52 companies focusing on Saas.Sector | No. of Investments |
|---|---|
High Tech | 75 |
Enterprise Applications | 69 |
Industrial Goods and Manufacturing | 29 |
Sustainability Tech | 26 |
Transportation and Logistics Tech | 21 |
Others | 201 |
Note: We have considered here, only first round of investments
TechFounders' Investments by Geography
TechFounders has made most investments in Germany (82), followed by Sweden where it has made 6 investments.Country | No. of Investments |
|---|---|
Germany | 82 |
Sweden | 6 |
United Kingdom | 5 |
Austria | 4 |
Israel | 4 |
Others | 39 |
Note: We have considered here, only first round of investments
TechFounders' recent investments
TechFounders has not made any investment in 2026 so far.Here are the most recent investments by TechFounders:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 23, 2024 | Portugal | Seed | 9299 | [+1] | |
Nov 01, 2023 | Germany | Grant (prize money) | 9979 | - | |
Nov 01, 2023 | Switzerland | Grant (prize money) | 9178 | - | |
Nov 01, 2023 | Switzerland | Grant (prize money) | 4769 | - | |
Nov 01, 2023 | Germany | Grant (prize money) | 4141 | - |
IPOs and Publicly Listed companies in TechFounders' Portfolio
1 of TechFounders' portfolio company became public - Plants & Machines.Here are TechFounders' portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | - | - | 1300 |
Acquired companies in TechFounders' Portfolio
22 companies from TechFounders' portfolio have been acquired. The most recent acquisition was Fernride in Dec 2025 by Quantum Systems for $*****.Here are TechFounders' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 17, 2025 | Dec 02, 2020 | Grant (prize money) | 3089 | |
Dec 17, 2024 | Nov 14, 2019 | Grant (prize money) | 1840 | |
Nov 28, 2024 | - | - | 4406 | |
Jul 09, 2024 | Jun 09, 2016 | Grant (prize money) | 3500 | |
Mar 14, 2024 | Jun 11, 2019 | Grant (prize money) | 7390 |
Team profile of TechFounders
TechFounders has a team of 6 members including 1 Partner, 1 Venture Partner and 2 Principals located in Germany. TechFounders' team does not sit on the board of any company as of now.Here is a list of all team members in TechFounders:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Germany | - | - | |
Venture Partner | Hamburg | - | - | |
Principal | Munich | - | - | |
Principal | Germany | - | - |
Co-investors of TechFounders
Over the past 11 years, 327 investors have co-invested in TechFounders's portfolio companies. This includes funds and angels.
- Invested before TechFounders: Europa, EIC Fund and 101 others have invested in rounds before TechFounders. There are 8 companies where Europa has invested before TechFounders and 5 companies where EIC Fund has invested before TechFounders.
- Top Co-investors of TechFounders: 4 investors entered a company along with TechFounders. These include investors like Michael Baumann (1 company).
- Invested after TechFounders: A total of 220 investors have invested in TechFounders's portfolio after their investments. Top Investors include Europa (14 companies) and EIC Fund (10 companies).
Recent News related to TechFounders
•
Corefux achieves 2 million euros in its seed investment roundEl Referente•Oct 23, 2024•Coreflux, Bright Ventures, TechFounders, Cloud First Computing
•
•
•
•
Munich-based Remberg raises €11 million to build software that is helping companies digitize for the age of the IoTEU-Startups•Feb 07, 2022•Fly Ventures, Speedinvest, Earlybird, TechFounders and 1 other
