KfW Capital is the coordinator of the Zukunftsfonds ("Participation Fund for Technologies of the Future"), which the German Federal Government adopted in 2021. Under this fund, approx. EUR 10 billion will be available for the quantitative expansion and qualitative enhancement of existing financing offers and the development of new instruments until 2030. In addition, the ERP Special Fund is participating financially in multiple instruments of the Zukunftsfonds. Together with further private and public partners, the Zukunftsfonds aims to strengthen the VC ecosystem with its various modules for the long term. KfW Capital is coordinating the individual elements of the Zukunftsfonds in close cooperation with the Federal Ministry for Economic Affairs and Climate Action and the Federal Ministry of Finance as well as KfW, the European Investment Fund (EIF) and the High-Tech Gründerfonds (HTGF). Ten elements with a volume of more than EUR 11 billion are already active. Further modules for a total of EUR 1.75 billion (EUR 1.6 billion from the Zukunftsfonds and EUR 150 million from the ERP Special Fund) are planned.
