Why Germany’s companies are changing their start-up strategy

ZF Ventures, formerly Zukunft Ventures, also had such a change in strategy. Or Henkel and Oetker. The companies launched their innovation laboratories in 2016. Henkel Tech Ventures announced a change in strategy in 2022 and wanted to set up a second fund worth 150 million euros. This fund is active and continues to run, said a spokeswoman. Henkel did not answer whether the volume remained at the targeted 150 million euros. “In line with the tense and uncertain market environment over the past two years, in which venture capital activities and investments were generally made rather cautiously worldwide, Henkel has also adjusted its corporate venture capital activities,” it simply says. Last year, Henkel participated in the “Startup Insider” medium; the last tech investment was in the summer of 2022.