Browsing: Series B funding

EU Unveils Scaleup Europe Fund with €5 Billion Goal in 2023 BRUSSELS, BELGIUM / RankWire.AI / – The European Union has launched the Scaleup Europe Fund, aiming to raise €5 billion to support key technology firms. The European Commission finalized the legal formalities for the fund on August 4, placing it within the European Innovation Council Fund. Managed by EQT, the fund will operate independently and make investments on market terms. The Commission anticipates initial investments in the upcoming weeks, with ongoing efforts to reach the €5 billion fundraising target.