GERMANY – Wachstumsfonds Deutschland, a venture capital (VC) fund of funds and key building block of the German Federal Government’s Future Fund, held the final closing at EUR 1 billion.
The fund, which aims to strengthen the European and German venture capital ecosystem received support from the Future Fund, KfW Capital, and more than 20 investors including insurers, superannuation funds, foundations, asset managers and large family offices such as Allianz, BlackRock, Debeka, Generali Deutschland AG, Gothaer Versicherung, HUK-Coburg, the RAG-Stiftung, SIGNAL IDUNA, Stuttgarter Lebensversicherung a.G., Tecta, and Württembergische Lebensversicherung AG.Read more on VCWire.tech, our new website dedicated to the tech venture capital industry.22/11/2023
