StartupsThe Next Webabout 2 hours ago
EIF Funds Hold 15 European Tech Unicorns
3 min read
Jean-Christophe Laloux, incoming chief of the European Investment Fund, stated that the European Tech Champions Initiative currently holds 15 European unicorns. The €4bn fund of funds, backed by six member states, aims to scale startups from Series B to C. Laloux expects to announce a second version in November to support smaller ecosystems with €300m to €500m funds.
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