Frank Thelen launches his own equity fund

The investor's fund, which he intends to use to invest in promising companies, is to be called 10xDNA. The largest position is apparently Palantir.

As the magazine Finance Forward magazine found out on Monday, tech investor Frank Thelen has registered a public fund called 10xDNA - Disruptive Technologies. Investors have been able to invest since today. When asked by the magazine, Thelen apparently did not want to comment at first. Today he announced the details. The fund will invest in cryptocurrencies and companies in the fields of quantum computing, 3D printing, artificial intelligence, blockchain and biotech, according to start-up scene reports.

According to the magazine, the fund will contain more than 30 stocks. It will be continuously reviewed by a team of physicists and capital market experts. "We want to understand the individual companies seriously and in depth so that we don't have any mistakes in the equity fund," Thelen told Gründerszene. Palantir will be the largest position, the investor announces there. He also wants to put money into Coinbase and Tesla, among others. "We will close this fund as soon as our small value would make a difference to the companies," Thelen told the magazine.