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Germany announces close of €1b fund of funds to invest in German and European VC

A key part of the federal government’s Future Fund, set up in 2021, the new fund of funds will make more growth capital available to startups and to strengthen Germany and Europe as a business location.

“This is the first time a vehicle has been created in Germany that aims to mobilize capital from institutional investors for the venture capital asset class at fund level."

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germany, government, future fund