Wachstumsfonds Deutschland

“With the large participation of numerous private institutional investors, the target volume of EUR 1 billion was achieved in a short span of time. It speaks for the strength of Germany as a business location that the Wachstumsfonds Deutschland has accomplished this objective with its innovative model, even in a difficult macroeconomic environment. The first investments have already been made, meaning that some of the capital is already impacting the VC market. The Wachstumsfonds Deutschland contributes significantly to implementing the start-up strategy of July 2022 and strengthens Germany as a location for business and innovation.”

• "Germany is a country full of good ideas. Hence, we are delighted to be launching the Wachstumsfonds Deutschland, one of the largest venture capital funds ever formed in Europe through private capital. It offers investors excellent, broad, and diversified access to European and German venture capital. The Wachstumsfonds serves as an exemplary model of how the state and companies can work together, how capital can be released from the private sector and how growth can be accomplished. This is achieved not through government subsidies but through the commitment of private investors."

• "By launching the Wachstumsfonds Deutschland, we have succeeded in setting up a marketable structure for mobilising private capital. This fund is a great example showing how the public sector and private investors can jointly bolster the VC ecosystem in Germany and Europe."

• "We are pleased to have succeeded jointly with KfW Capital in developing a customisable solution for the various groups of investors that has been so well received despite the difficult market conditions of 2023. This allows us to give institutional investors access to the innovative asset class of venture capital."

• "The Wachstumsfonds Deutschland enables both experienced and new investors to benefit from the market expertise of the investment advisor KfW Capital as one of Europe's largest VC fund investors. Our holistic due diligence and our experienced investment team enable us to select highly attractive VC funds in Europe. Many investors have invested for the first time in the asset class of European venture capital, which has demonstrated very good performance in the past years and whose returns even exceeded those of the US market."

• Jörg Asmussen, Managing Director at the GDV:
• "I am delighted that the 'Wachstumsfonds Deutschland' has made EUR 1 billion in venture capital available for Europe and Germany as a location for innovation. The GDV and its member companies played a key role in structuring the fund."