Industrial Tech startup ecosystem
We track 9 organisations in this sector across 6+ countries.
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Arkadiusz Skuza
Arkadiusz Skuza is a Warsaw-born AI entrepreneur and consultant with over 17 years of experience delivering AI and computer vision solutions across manufacturing, energy, healthcare, and finance. He founded Skuza AI, which helps enterprises implement production-grade AI, and has led projects for clients across Europe and North America. He is an active angel investor in AI and industrial tech startups, with focus areas including computer vision and predictive analytics.
btov Partners
btov Partners (now operating as b2venture) is a European venture capital firm founded in 2000 in St. Gallen, Switzerland, managing approximately €510 million across institutional, partner, and private investor funds from offices in Zurich, Berlin, Munich, and Luxembourg. The firm invests in early-stage digital and industrial technology companies across Europe, with ticket sizes of €250,000 to €3.5 million and roughly €50 million deployed per year. Notable portfolio companies include DeepL, SumUp, Raisin, and Blacklane.
Cloudly Studio
Cloudly Studio is a Warsaw-based 3D visualisation studio specialising in interactive product experiences for laboratory equipment and industrial manufacturers. The company helps B2B sales teams replace static catalogues and physical samples with photorealistic 3D configurators and animations, letting buyers explore complex technical products in detail before purchase. Cloudly Studio serves manufacturers who sell capital equipment with long sales cycles — sectors where accurate visual communication significantly shortens the buying process and reduces costly physical demo logistics.
High-Tech Gruenderfonds (HTGF)
High-Tech Gruenderfonds (HTGF) is Germany’s public-private seed investor. In 2022 it launched HTGF IV with about EUR 493m, backed by the Federal Ministry for Economic Affairs, KfW Capital, and 45 corporate LPs including BASF, Bayer, Bosch, and SAP. HTGF focuses on high-tech, industrial tech, chemistry, and life sciences and is a cornerstone early-stage fund in Germany.
Keybotic
Keybotic (Keybotic S.L.) is a Barcelona-based robotics company, headquartered at the Parc Tecnologic Barcelona Activa, building Keyper, an autonomous robot-dog for industrial inspection. Keyper patrols facilities, navigates 3D-mapped routes, and uses visual, thermal, and acoustic sensing with AI to detect gas leaks, thermal anomalies, and equipment failures in real time, targeting chemicals, oil and gas, energy and utilities, mining, and research facilities. The company's technology won first prize at the DARPA Robotics Challenge and it has been awarded a Eureka Eurostars grant for advanced robotic solutions.
Practica Capital
Practica Capital is the most established venture capital firm in the Baltics, founded in Vilnius in 2011 and managing four funds totalling over €130 million in assets under management. The firm invests at pre-seed, seed, and selected Series A stages in marketplace, SaaS, and deep/industrial tech startups originating from Lithuania, Latvia, and Estonia, and now has partners on the ground in all three Baltic capitals. Its portfolio of 70+ companies includes CGTrader, TransferGo, PVcase, Interactio, Eneba, and Ovoko, with one IPO and six acquisitions to date. The €80 million third fund, closed in February 2024, is the largest seed fund ever raised in the Baltic region.
Semapa Next
Semapa Next is the corporate venture capital arm of Semapa Group, one of Portugal's largest industrial conglomerates (pulp, paper, cement). Launched to invest in industrial tech, environmental solutions, mobility, and fintech, Semapa Next deploys EUR 1-5M at Series A in startups aligned with the group's strategic interests. The fund provides portfolio companies with access to Semapa's industrial operations for piloting and commercial partnerships, focusing on sustainability, circular economy, and digital transformation of traditional industries.
Speedinvest
Speedinvest is one of Europe's most active pre-seed and seed-stage venture capital firms, founded in 2011 in Vienna by Oliver Holle. The firm manages over EUR 600M across sector-focused funds covering fintech, deep tech, marketplaces, and industrial tech, with offices in Vienna, Berlin, London, Munich, and San Francisco. Speedinvest invests EUR 500K-2M initially and follows on to Series A, having backed 300+ companies including Bitpanda, GoStudent, Tier Mobility, Open, and Wefox. The firm operates a 40-person platform team providing hands-on support in hiring, legal, growth, and US market entry.
Vertis Ventures
Founded in 2007, Vertis Ventures (formerly Vertis SGR) is a Naples-based VC bridging northern and southern Italy, managing over EUR 200M across early-stage and growth funds. The firm invests EUR 0.5-10M in media, fintech, and industrial tech, with a mandate to support innovation in Italy's Mezzogiorno region. Portfolio includes Buzzoole (influencer marketing), Optima Italia, and Mosaicoon. Vertis is notable for its focus on developing venture capital culture in southern Italy while maintaining national deal flow.
