Today marks a turning point for the financing of European innovation and ideas. Our founder Klaus Hommels lists Lakestar Spac I SE, Europe’s first tech SPAC (Special Purpose Acquisition Company), on the Frankfurt Public Stock market, providing European growth companies an alternative route to the public market. We strongly believe that Europe needs to create its digital sovereignty to reduce dependency on foreign funds and strengthen control of our tech innovations. Listings via SPACs (Special Purpose Acquisition Vehicles) can help us close the gaps that we, in Europe, traditionally have when equipping our companies with sufficient capital.