EU Launches Multi-Billion "Scaleup Europe Fund"
a day ago
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- #Europe
- #investment
- The Scaleup Europe Fund is a new multi-billion late-stage and growth fund aimed at investing in strategic European tech companies.
- It focuses on areas like AI, quantum technologies, semiconductors, robotics, energy, space, biotech, medical tech, advanced materials, and agritech.
- The fund aims to close the investment gap with global leaders and boost Europe's scaleup ecosystem.
- Founding investors include Novo Holdings, EIFO, CriteriaCaixa, Santander/Mouro Capital, and others, with public-private cooperation.
- The fund will operate under the EIC Fund umbrella but with a privately owned, market-based manager.
- A call for expressions of interest is open for a qualified fund manager to oversee sourcing, due diligence, and portfolio management.
- The selection process includes pre-qualification by January 19, 2026, and final selection expected by April 2026.
- The fund is targeted to launch in Spring 2026, pending contractual and operational steps.