Stuttgart (dpa / lsw) - The technology group Bosch is once again involved as a venture capitalist for start-ups. As the company announced on Friday in Stuttgart, it is raising a fund with a volume of 250 million euros via its subsidiary, Robert Bosch Venture Capital (RBVC). This is the company's fifth fund.
RBVC specializes in innovative technology start-ups, it said in a statement. The portfolio included more than 50 companies. You invest up to 25 million euros in start-ups and support them with knowledge and the company's network. Bosch, in turn, has early access to new technologies and can incorporate these into its own innovations. RBVC invests in six to ten start-ups every year.
"After two years of the corona pandemic and ongoing geopolitical tensions, the effects of chip shortages or disruptions in global value chains are omnipresent," said RBVC boss Ingo Ramesohl. With the new round of financing, RBVC also wants to track down technology trends in these fields that can provide relief in such situations.
The draft for a new start-up strategy by Economics Minister Robert Habeck (Greens) was also announced on Friday, the paper was available to the German Press Agency. According to this, start-ups should be able to obtain venture capital more easily in the future in order to be able to advance their economic development. In the future, insurance companies and pension funds will also be allowed to invest their money as venture capital.