# Klastech Karpushko Laser Technology

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/klastech-karpushko-laser-technology

- Industry: Electronics
- Headquarters: Dortmund, Germany
- Website: www.klastech.de/en/index.html
- Total disclosed funding: $2.8M
- Latest round: Series A (Dec 20, 2006)
- Investors on record: 1

## About

Klastech Karpushko Laser Technology GmbH specializes in advanced laser technology solutions, providing innovative products tailored for various industrial applications, ensuring efficiency and precision in manufacturing processes.Founded in 2006 in Dortmund, Germany, Klastech Karpushko Laser Technology GmbH focuses on laser technology development. The company has undergone a strategic shift, with a notable change in ownership when, in February 2013, Triangle Venture Capital Group sold its shares to the US laser manufacturer Power Technology, Inc. The total amount raised by Klastech is EUR 2.10 mn, resulting in a current valuation of EUR 10.281 mn.Klastech offers a range of laser technology products designed for industrial applications. The company provides solutions that enhance manufacturing processes through precision cutting, welding, and marking. By partnering with various industry players, Klastech ensures that its technology meets evolving market demands, positioning itself effectively within the global laser technology market.Klastech generates revenue through the sale of its laser technology solutions, which include equipment and services tailored to specific industrial requirements. The company's pricing structure is designed to accommodate diverse customer needs, making their offerings accessible to both small and large enterprises.Looking ahead, Klastech plans to introduce new laser products aimed at enhancing efficiency in the manufacturing sector. The company is also exploring opportunities for expansion into the North American and Asian markets by 2025. The recent funding of EUR 2.10 mn will be utilized to support product development and market entry strategies, allowing Klastech to strengthen its position in the global market.

## Funding rounds

- Series A, Dec 20, 2006, $2.8M — Triangle Venture Capital Group

## Investors

- Triangle Venture Capital Group (https://capitalatlas.ai/funds/triangle-venture-capital-group) — Series A