Lakestar founder targets European tech startups with SPAC launch
February 18, 2021
Klaus Hommels, the founder of VC firm Lakestar, has launched a blank-check company targeting European tech startups, Reuters reported. Hommels is looking to raise up to €275 million for the SPAC, which will be listed in Frankfurt. The vehicle will target a company worth between €750 million and €4 billion.