German Venture Capital Coalition Targets 15 Billion Euros Investment to Boost European Tech Growth

Twenty-four leading venture capital firms have launched the German Venture and Growth Forum to mobilize 15 billion euros annually for European tech startups.By encouraging institutional investors to allocate 2 percent of their capital to venture funds, the coalition seeks to close the financing gap against the US.This initiative targets growth in deep tech sectors like quantum computing and artificial intelligence to strengthen the competitive position of European industry.