Shareholdings and spin-offs
At the reporting date, the Fraunhofer-Gesellschaft held equity investments in 83 companies across a broad range of sectors. The transfer of technology to industry formed the focus of activities at 53 of the companies in the investment portfolio, while a further 21 equity investments were of a strategic nature. Equity investments also include 9 affiliated companies. In 2025, the Fraunhofer-Gesellschaft invested a total of €3.5 million in the acquisition of equity interests in shareholdings. The portfolio was expanded by another four companies, with the Fraunhofer- Gesellschaft investing €0.4 million in their share capital. Furthermore, 3 foreign Fraunhofer affiliates were reclassified as affiliated companies following a reassessment. These had previously been listed under other legal forms for information purposes. Fraunhofer also sold its shares in 4 companies during the same period. The total carrying amount of shareholdings (including shares in affiliated companies) increased to €36.8 million (previous year: €36.0 million). Proceeds from the divestiture of shareholdings came to €1.9 million.
Spin-offs are an integral part of Fraunhofer’s strategy for leveraging its industrial property rights. In individual cases, Fraunhofer takes a minority equity stake in the spin-off as part of its technology transfer activities. In 2025, Fraunhofer Venture provided support to 89 new spin-off projects. Across Fraunhofer as a whole, 29 new spin-offs were established.
Fraunhofer has set itself the goal of increasing not only the number of spin-offs but also their proportional contribution to overall industrial revenue. Fraunhofer’s innovation hub AHEAD offers a package of targeted entrepreneurship measures and programs to help achieve this. Overall, 60 teams took an active part in the Fraunhofer AHEAD program in 2025. In-depth workshops and coaching sessions are provided to teach entrepreneurship. Fraunhofer AHEAD offers a networking platform for early-phase spin-off and licensing projects with the national entrepreneurship ecosystem. As well as the general AHEAD program, there are also specialized tracks in the fields of Sustainable Development Goals and life sciences.