The Wefox founder, the SPD politician and the investor are campaigning for better start-up financing.
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(Photo: Wefox Group, Carolin Lauer, Lakestar [Montage])
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Berlin Never before have investors put so much money into German start-ups as in 2021. By September it was around 12.4 billion euros – more than twice as much as in the previous record year 2019. And yet the renowned start-up investor Klaus Hommels warns : “We are facing a billion-dollar gap.”
He fears that many medium-sized German companies could disappear in the next few years. In order for young tech companies to be able to compensate for this, significantly more must be invested. How much is proven by extensive calculations by the investor. The result: “To build a new medium-sized company, you need around 100 billion euros in growth capital a year.”
A lot has already happened. Donors from all over the world invest in German tech start-ups. And the old federal government has set up a ten billion euro fund, “by far the largest package in Europe,” said Thomas Jarzombek, the former start-up commissioner of the grand coalition.
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