WhoShapedIt EU Inc

EU Inc (the 28th regime) · 2026/0074(COD)

How Karma Capital GmbH lobbied on EU Inc

Supports, with changes
Company · DEU

Supports the EU Inc initiative but wants it to include steward ownership principles and a legal framework for non-exit-oriented start-ups.

1 submission to the Commission. Summaries are AI-written; the quotes are theirs, checked word for word.

What they asked for

  1. Who can use it?

    Wants changes
    Call for evidence (2025) · 25 Sep 2025

    Include non-exit-oriented start-ups and promote a diverse business landscape beyond just VC-driven start-ups.

    “The EU should therefore in the 28th Regimes not only address VC-driven start-ups, but also promote a diverse business landscape.”

    Feedback, 2025-09-25 · the Commission’s translation

  2. How fast can you set one up?

    Wants changes
    Call for evidence (2025) · 25 Sep 2025

    Allow for the voluntary and irrevocable adoption of central steward ownership principles within the company setup.

    “These include: the voluntary and irrevocable adoption of central steward ownership principles.”

    Feedback, 2025-09-25 · the Commission’s translation

  3. How much capital, and who protects creditors?

    Wants changes
    Call for evidence (2025) · 25 Sep 2025

    Introduce legally enforceable asset locks and limited distributions to protect long-term mission and prevent sale to highest bidder.

    “With asset locks, clear governance rules and limited distributions, we create trust among founders, investors and staff.”

    Feedback, 2025-09-25 · the Commission’s translation

  4. How do shares and employee stock options work?

    Wants changes
    Call for evidence (2025) · 25 Sep 2025

    Recognize steward ownership structures that separate voting rights from profit rights and standardize financial instruments like a European Future Profit Agreement.

    “This form of ownership separates voting rights from profit rights, binds assets and thus prevents the sale of companies to the highest bidder... steward-owned and standardised financial instruments such as a European Future Profit Agreement.”

    Feedback, 2025-09-25 · the Commission’s translation

Their submissions

See every lobby and how the EU Inc text changed →

Open source underneath

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Contextrie

60

Open-source context and state for AI: it keeps only what matters for the question.

In WhoShapedIt: Reads every lobby submission and position paper and each official text, cut into passages, and judges each passage against nine questions (who can use EU Inc, workers on the board, tax…), so every ask and every step is read on the passages that address it.

feuersteiner/contextrie

Bref UI

27

Open-source Svelte components for clean, accessible interfaces.

In WhoShapedIt: The status, the timeline, the theme picker, the camps of lobbies and the organisation pages.

feuersteiner/bref-ui

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