Klaus Hommels

Founder & Chairman at Lakestar · Joined 2012

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Biography

Klaus Hommels built his reputation on a remarkable run of early bets - Skype, Xing, King, Facebook, Spotify, and Airbnb among them - well before founding Lakestar in Zurich in 2012 following stints at AOL Germany and as a venture partner at Benchmark Capital Europe. He grew Lakestar into one of Europe's largest venture funds, raising more than €2 billion across early-stage and growth vehicles and continuing his pattern of early conviction with Revolut, Klarna, and defense-tech unicorn Helsing. In October 2025, Hommels announced a significant strategic pivot: Lakestar will no longer raise new generalist funds from outside LPs, with his future bets - including a growing focus on European defense and dual-use technology - funded primarily from his own personal capital instead. He currently chairs the NATO Innovation Fund's Geopolitical and Strategic Advisory Council and remains one of the most vocal advocates for European technological sovereignty.

Education

Previous Experience

Notable Investments

Spotify SPOTRevolutKlarnaSkypeKingFacebookAirbnbSumUpZoomCoinbaseIsar Aerospace

Board Seats

Career Timeline

1995
Becomes a board member of AOL Germany after starting his career at Bertelsmann.
2011
Skype, an early personal investment, is acquired by Microsoft for $8.5 billion.
2012
Founds Lakestar in Zurich, following a period running his own fund, Hommels Holding.
2018
Spotify, an early Lakestar-era bet, completes its direct listing.
2023
Named founding Chairman of the NATO Innovation Fund's Board of Directors.
2025
Announces Lakestar will stop raising new generalist venture funds, shifting to invest primarily from personal capital.

Sources & References

Forbes Profile ↗Forbes - Lakestar Pivot ↗