Lakestar’s Hommels launches Frankfurt clean test firm By Reuters

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© Reuters.

BERLIN / LONDON (Reuters) – The German venture capitalist Klaus Hommels founded a blank check company on Wednesday through his company Lakestar in Frankfurt, which offers technology startups that do not have to cross the Atlantic a European route to the stock exchange.

The early investor in Spotify (NYSE 🙂 is aiming to raise up to 275 million euros for a Special Purpose Acquisition Company (SPAC) that would buy a company with an equity value between 750 million and 4 billion euros.

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