Karcher New Venture

What is Karcher New Venture?

Karcher New Venture is a Corporate VC fund headquartered in Winnenden, Baden-Wurttemberg, Germany. They operate as a strategic partner and investor in the global cleaning market, fostering innovation and progress.

The fund focuses on supporting startups with forward-looking product, material, or service-based solutions for future challenges within the cleaning sector. Areas of interest include artificial intelligence, robotics, automation, new cleaning methods, digital solutions, and sustainable business models. They aim to make cleaning more efficient across various domains, ranging from private households to municipal services.

Karcher New Venture looks for intelligent solutions that advance the interplay between humans and machines, alternative ways to clean environments, and prevent dirt accumulation. By leveraging platforms, online sales channels, sharing, and rental models, they seek to permanently transform the cleaning industry.

They provide venture capital to startups willing to grow with them and offer a global network and infrastructure to help these companies scale.

Karcher New Venture has invested in several startups, such as InOrbit (cloud-based robot management), mysoda (sustainable sparkling water makers), Peanut Robotics, Route (software platform for cleaning service providers), Skyline Robotics, Tulu (app-based rental platform), ZanCompute (AI-based building management platform), Homebell, and Contorion (online shop for professional tools).

The fund also received recognition as the winner of the European Corporate Venture Capital (CVC) Awards in the 'Manufacturing/Chemicals/Materials' category.

Their process, known as Venture Clienting, bridges the gap between startups and the Karcher Group, aiming to change internal processes, enrich products, and discover new business opportunities. They implement pilot projects in various departments, seeking solutions that accelerate digital transformation, improve operation efficiency, integrate new technologies, tap into new sales opportunities, and enhance sustainability.