When was Turn2X founded?

Turn2X was founded in 2022 and raised its 1st funding round 1 year after it was founded.

Where is Turn2X located?

Turn2X is headquartered in Munich, Germany.

Who is the current CEO of Turn2X?

Philip Kessler of Turn2X. They have also founded 1 company.

How many employees does Turn2X have?

As of Sep 30, 2026, the latest employee count at Turn2X is 27.

Is Turn2X a funded company?

Turn2X is a funded company, having raised a total of $27.8M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Jun 28, 2023.

When was the latest funding round of Turn2X?

Turn2X's latest funding was a $***** Series A round on Sep 15, 2026, with participation from 4 investors. Its primary sector is Oil & Gas Upstream. In Germany, the Oil & Gas Upstream sector has seen $23.1M in funding in 2026 to date.

Where does Turn2X rank among its competitors?

Turn2X ranks 5th amongst 17 active competitors, of which 2 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was Turn2X, which secured $23.1M in Sep, 2026.

Who are the top competitors of Turn2X?

Turn2X's top competitors include Repsol, Gazprom and Uniper. Among them, Turn2X secured the most recent funding round in September, 2026.

Turn2X - 2026 Company Profile, Team, Funding & Competitors

Company Details

Website: turn2x.com
Email ID: *****@turn2x.com

Key Metrics

Founded Year

2022

Location

Munich, Germany

Stage

Series A

Total Funding

$27.8M in 3 rounds

Latest Funding Round

Series A, Sep 15, 2026, $*****

Investors

Verve Ventures & 4 more

Ranked

5^th among 17 active competitors

Employee Count

27 as on Sep 30, 2026

Similar Companies

Shell & 2060 more

View Turn2X's full profile

Turn2X has raised a total funding of $27.8M over 3 rounds. Its first funding round was on Jun 28, 2023. Its latest funding round was a Series A round on Sep 15, 2026 for $*****. 4 investors participated in its latest round. Turn2X has 5 institutional investors.

Here is the list of recent funding rounds of Turn2X:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Sep 15, 2026	6406054	Series A	4806685	8732152	9030042	9151959
Nov 01, 2023	3632792	Grant (prize money)	7323262	1199802	9965499	TechFounders
Jun 28, 2023	6156056	Seed	3971872	7071796	LEA Partners & 2 more	6271745

Access funding benchmarks and valuations. Sign up today!

View details of Turn2X's funding rounds and investors

The founders of Turn2X are Philip Kessler, Dominik Schollenberger and Benedikt Stolz. Philip Kessler is the CEO of Turn2X.

Here are the details of Turn2X's key team members:

Philip Kessler: Co-Founder & CEO of Turn2X.
Dominik Schollenberger: Co-Founder & CTO of Turn2X.
Contact Info: 1 email address
Benedikt Stolz: Co-Founder of Turn2X.

View details of Turn2X's Founder profiles and Board Members

Turn2X's employee count trend

Turn2X has 27 employees as of Sep 26. Here is Turn2X's employee count trend over the years:

Uncover Turn2X's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Turn2X include Repsol, Gazprom and Uniper. Here is the list of Top 10 competitors of Turn2X, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Repsol 1987, Madrid (Spain), Public	Integrated oil and gas company	-	Temasek, Energy Infrastructure Partners & 2 others	69/100
2nd	Gazprom 1989, Saint Petersburg (Russia), Public	Provider of natural gas & oil production, processing, and transportation services	-	Kingdom Holding Company, Mizuho Financial Group ... & 5 others	68/100
3rd	Uniper 2016, Dusseldorf (Germany), Public	Power generation and distribution company	-	Elliott Management, BAFA & 4 others	68/100
4th	Oil India 1959, Noida (India), Public	Operator of hydrocarbon exploration production and energy infrastructure utility systems	-	-	58/100
5th	Turn2X 2022, Munich (Germany), Series A	Provider of natural gas production services	$27.8M	Verve Ventures, LEA Partners & 3 others	53/100
6th	Unikie 2015, Tampere (Finland), Series A	Provider of software engineering and automated marshalling solutions for various industries	$14.2M	CapMan, Tesi	44/100
7th	ALZURA 2002, Germany, Unfunded	Online retailer of automotive parts, tires, tools, and workshop equipment	-	-	41/100
8th	AutoFacets 1997, Zoetermeer (Netherlands), Funding Raised	Cloud-based AI-enabled dealership management solution for automotive industry	-	TGC Capital Partners	30/100
9th	DEA Norge 1973, Hamburg (Germany), Unfunded	Provider of yacht charter management and brokerage services	-	-	28/100
10th	RealThingks 2016, Meerbusch (Germany), Funding Raised	Provider of IoT based products for smart office	-	STARTUPCORNER	27/100