• Sbauer@lemmy.world
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    2 months ago

    Huh, didn’t even know my country had a sovereign tech fund. Looking more into it … yeah. It gets money from the federal government but it is in no way run or even associated with it. Looks like a GmbH is behind it, which is a for profit company in Germany. It has a volume of 17 million €.

    Also its name is literally sovereign tech fund, even in German, I.e. that’s not a translation, that’s its literal name. I wouldn’t say it’s sketchy, the people behind it definitely look legit, but it certainly doesn’t quite meet the lofty associations the name suggests.