The European Commission and private investors want to launch an ambitious fund to help technology companies scale-up in Europe
EU research Commissioner Ekaterina Zaharieva, participating in the High-level Meeting with potential investors on the Scaleup Europe Fund. Photo credits: Frédéric Garrido-Ramirez / European Union
The European Commission, the European Investment Bank (EIB) and a group of private investors have announced plans for a €5 billion Scaleup Europe Fund, which is due to make its first investments in spring 2026.
Foundations, pension funds, national development banks and other investors from across Europe jointly expressed their intention to launch the fund during a meeting hosted by research and innovation Commissioner Ekaterina Zaharieva on October 28. It will be set up under the European Innovation Council (EIC) Fund and managed by a private fund manager.
The Commission will contribute €1 billion, coming from the EIC part of the current Horizon Europe programme, and private investors are expected to contribute at least €2 billion for the first round of investments. Eventually, the aim is to reach a fund size of €5 billion.
The idea is to provide promising start-ups…
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