EU’s $5bn Scaleup Europe Fund to Begin Backing Companies
The fund will target deep-tech startups across strategic sectors as Europe seeks to keep more growth capital in the bloc, officials said.
- On Tuesday, The Commission announced that the €5bn Scaleup Europe Fund has passed final legal hurdles and is now fully operational to provide growth capital within Europe.
- European companies face "significant challenges" accessing growth capital, often forcing them to relocate or seek funding elsewhere, prompting this mechanism to help the region compete with China.
- Stockholm-Headquartered EQT manages the fund, backed by Horizon Europe's more than €90bn allocated through 2027, while The Commission aims to eventually raise €25bn.
- Reports place the fund behind Bavarian space-tech The Exploration Company in a $300m round and Paris-based Mistral, supporting the "choose Europe to start and scale" strategy.
- "When Europe invests in its innovators, Europe invests in its future," said European Commission President Ursula von der Leyen, emphasizing the fund aims to turn European innovation into a competitive edge.
18 Articles
18 Articles
EQT-Run Scaleup Europe Fund Invests in Satellite Startup Iceye
Europe’s new €5 billion ($5.8 billion) technology fund has disclosed that its first investment is in Finnish satellite company Iceye Oj, part of the bloc’s push to cultivate startups working on strategic technologies.
Brussels hands its €5bn scale-up fund to Stockholm private equity giant EQT
The European Commission has completed the legal steps needed to launch the Scaleup Europe Fund, a €5bn scheme designed to keep Europe’s most promising technology firms from moving to the United States or China. Management of the fund will be handled by EQT, a Stockholm-based private equity group. Capital will be focused on artificial intelligence, quantum technologies, biotechnology and clean tech, which the commission calls “strategic deep tec…
Scaleup Europe Fund Makes its First Space Bet
Europe’s capital drought may be coming to an end. Scaleup Europe, a new €5B fund created by the European Commission, announced this week that it completed its first investment—co-leading ICEYE’s €450M Series F, announced in June, which reached €1B+ in total investment after secondary placements. The investment signifies a new era for Europe, one in which the region is better equipped with the capital necessary to fund its own growth-stage ventu…
The European Commission has completed the latest legal steps to establish the Scaleup Europe Fund, an instrument designed to invest directly in European companies in the scaling-up phase and accelerate their international growth, with a target of €5 billion. The first operations of the Scaleup Europe Fund are planned for the coming weeks. The instrument will support high-potential companies in technological areas considered critical, including a…
“Europe is building world-class technology companies” On March 4, 2026, French quantum company Pasqal announced its intention to be listed on Nasdaq when the business transaction m
Coverage Details
Bias Distribution
- 67% of the sources are Center
Factuality
To view factuality data please Upgrade to Premium
