The European Innovation Council (EIC) has selected EQT as the investment adviser and fund manager for the new €5 billion Scaleup Europe Fund, a flagship initiative aimed at strengthening Europe’s innovation ecosystem.
As part of the EU Startup and Scaleup Strategy, the Fund will support high-potential deep-tech scaleups by providing crucial growth capital and helping to bridge the late-stage financing gap that often drives companies to seek funding outside Europe.
Targeting strategic sectors such as artificial intelligence, quantum computing, clean energy, space, and biotech, the Fund is set to play a key role in reinforcing Europe’s global technological leadership.
The initiative is backed by a strong coalition of leading European investors, with operations expected to launch soon and the first investments planned for autumn 2026.
Read the full article here