The Future Fund will bundle various measures to promote future technologies. The first components of the Future Fund are scheduled to launch in mid-April.
On the one hand, the VC arm of the development bank increases KfW The commitment volume for venture capital funds, growth funds, and venture debt funds will increase by approximately EUR 2.5 billion over the next ten years. KfW Capital intends to use this to expand its investment focus, in particular, to growth financing for startups.
In addition, a growth facility of up to 3.5 billion euros will be created to invest in growth funds and growth financing rounds for startups.
The Deeptech Future Fund, with a volume of up to €1 billion, invests directly in deeptech companies with a long-term investment perspective. The fund aims to help bring their technologies to market maturity in Germany.
Future fund aims to strengthen the venture capital market
Federal Minister for Economic Affairs Peter Altmaier says that with existing financing instruments, the federal government, together with private investors, will provide over 50 billion euros in venture capital for startups over the next few years. He says:
“This is unparalleled in Europe and is also a significant contribution in international comparison.”
Federal Minister of Finance Olaf Scholz In its own words, the Future Fund aims to strengthen Germany’s future viability and the German venture capital market:
“I therefore see it as a crucial task to provide German startups with strong support from their founding to the development of a viable business model.”
