Germany's Sovereign Tech Fund Has Invested Over $24.9M In Open-Source In Two Years

Written by Michael Larabel in Free Software on 18 October 2024 at 06:07 AM EDT. 22 Comments
FREE SOFTWARE
Germany's Sovereign Tech Fund (STF) is today celebrating its second anniversary for "empowering public digital infrastructure." In the past two years it has invested more than €23 million (about $24.94M USD) into sixty open technologies.

This effort backed by the German government has provided nearly $25 million USD in open-source funding over the past two years. In this time there has been more than 500 submissions proposing over €114 million in work.

This Sovereign Tech Funding has helped open-source projects provide much needed maintenance to their software, enhance the security posture of the software, and make other open-source improvements in the public interest.

STF logo


Those wishing to learn more about this effort can read this Sovereign Tech Funding blog post as they celebrate their second anniversary.
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