The manufacturing equipment maker intends to build a $45m corporate venture capital portfolio by 2021, and plans to invest in around five startups a year.

Germany-based industrial product manufacturer Trumpf has launched a corporate venturing vehicle called Trumpf Venture and aims to build up a €40m ($45m) portfolio in the next five years. Founded in 1923, Trumpf provides manufacturing products such as machine tools, lasers and electronics. Trumpf Venture was established at the start of July this year but only…

The rest of this content is only accessible to Global Venturing Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.