15 days ago
TechCrunch Sep 10, 2026

Furo’s founders left Silicon Valley — and it’s paying off

The founders of Furo, a startup specializing in software for industrial battery storage, made a strategic choice to leave Silicon Valley and return to Germany, a move that has already yielded positive results. Despite being a Delaware C Corporation, Furo secured a $4 million funding round primarily from U.S.-based investors including TQ Ventures, Neo, and Sandberg Bernthal Venture Partners. This funding success comes alongside significant business traction, exemplified by clients such as Deutsche Bahn, Germany’s national rail company, just a year after Furo’s inception.

The decision to base operations in Germany was driven by the more urgent demand for energy cost reduction in Europe, especially Germany, where recent years have seen ongoing energy crises. Co-founder Lena Sophia Voß emphasized that proximity to customers and access to a robust local network were critical advantages that outweighed the possible benefits of staying in the U.S. Furo’s ties to the Munich Center for Digital Technology and Management and technical universities have facilitated talent acquisition and mentorship, while operational costs remain substantially lower than in the U.S.

Although committed to its European base, Furo maintains a strong connection with Silicon Valley, traveling there several times per year to manage administrative tasks and investor relations. This dual presence reflects a growing trend articulated by VC firm a16z, highlighting the advantages startups can gain by straddling both their home markets and the U.S. tech ecosystem. Furo’s founders, all with experience at major tech firms and renowned universities, deliberately chose to return to Europe not out of necessity but to capitalize on this strategic positioning.

Furo’s journey challenges the traditional notion that successful international startups must relocate to the U.S. to attract funding and grow. Their experience demonstrates that with strong networks, operational efficiency, and a clear market focus, innovative companies can thrive by planting roots in local ecosystems while leveraging global venture capital and expertise. This approach may signal a shift in how international startups view regional advantages in building scalable tech businesses.

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