Less than 18 months after @ScaleUpEuropeEN published its recommendations, @EIF_EU launches the European Tech Champions Initiative, a €3.75bn fund of funds to support #VCs investing in 🇪🇺 Scale-Ups 🚀!
Thanks 🇫🇷🇩🇪🇪🇸🇮🇹🇧🇪 and @EIB for backing us !
#ETCI#LP https://t.co/gfK2ujqSpS
Free high-speed Wi-Fi is now available on board #AirFrance flights.
A stable, fast and secure experience by @Starlink, already deployed on several aircraft and gradually being rolled out across the entire fleet by the end of 2026. https://t.co/EbHq24Nuu4
We’re joining as an anchor investor in AVP's Growth Fund I through #ETCI — helping Europe’s ambitious technology companies scale and compete globally.
Together with AXA, we’re fuelling a €1.5bn fund for tomorrow’s tech champions.
Press release: https://t.co/FdNqjhKzLy
🗣️ As a leading provider of #smefinance in 🇪🇺, we're not only supporting AI innovation, but also making financing available for disruptive technologies, life sciences, and digital transformation, so that SMEs can navigate and leverage the AI revolution #AIActionSummit2025
Heard from VC LPs this week - an observation on coinvest.
In public markets, most investors I work with invest in public markets through funds or passively. Typically only the largest / most sophisticated are investing in stocks directly.
In private markets, everyone invests in funds but also wants to invest in companies directly via co-invest. From the most sophisticated down to the HNW investor.
If you know you aren’t sophisticated enough to choose liquid stocks directly, why do you think you are sophisticated enough to choose illiquid companies?
Does blending down economics on lower fee coinvest really help performance in the long run? Would love to see some research on whether co-invest really helps returns for the average sized investor in the long term.
Happening now: Tech Champions Made in Europe 🇪🇺 to address the impact of #ETCI in Europe and Spain ➡️ So far, €2.1 billion committed across 8 funds to bridge the investment gap for European scale-ups and 2 Spanish companies supported: @FactorialEs and Inke.
Today, the EIB Group celebrated the success of its European Tech Champions Initiative.
President @NadiaCalvino opened the event, highlighting the initiative's key role in developing Europe’s entrepreneurial ecosystem.
Watch her full speech in 🇪🇸: https://t.co/IhtT4Z9P9s
At #UglyDuck24🦆 Uli Grabenwarter pointed out that valuations are bottoming out and we are back to normal. But is that enough? EIF's head of equity investments urges European #VC managers to rethink their value proposition 💬 “There will be no #innovation in Europe without VC!”
Just out: the #top20 insights from the EIF #VC Survey 2024 are now published ⏬ Aggregating responses from 398 GPs across Europe on market sentiment, expectations for the next 12 months, and promising areas of investment. A collab with @InvestEurope 🔗 https://t.co/EH0CWoXDpd
Update from #ETCI: we have recently welcomed the #Netherlands as the 6th contributor to our #scaleups funding initiative. Now managing €3.8 billion in resources, investing in Europe's #tech champions.
Welcome 🇳🇱 together onwards and upwards🦄 https://t.co/kg3g4frOHP
Closing the #scaleup funding gap is crucial for the 🇪🇺 if we want to maintain our edge in #technology. What are the constraints and the challenges faced by innovative companies? ICYMI, this new @EIB report on the role of #venturecapital has the answers 📚 https://t.co/rgFpx7volm
🇪🇺🇪🇸 El Grupo @EIB invierte €350 millones en Kembara Fund I para financiar start-ups tecnológicas en fase de crecimiento.
Es el primer fondo español bajo la iniciativa European Tech Champions, gestionada por el @EIF_EU.
Announcing 1st 🇪🇸 fund under #ETCI🙌The €350m commitment to Kembara Fund I will invest in 🇪🇺 #scaleups in #deeptech, #climatetech and sustainable tech. ETCI's impact so far: 8 funds backed, unlocking €10bn for EU tech scale-ups, 15 investments underway https://t.co/fq7geGjjiB
NEW: European VC returns are better than North American VC returns over 10 and 15 year horizons, finds a new report from @InvestEuropeEU & Cambridge Associates.
https://t.co/bz0rPu77Jf
Heard from VC LPs this week:
Some 👍🏻 feedback from my talk at @Jason ‘s @liquiditypod conference. Sharing a slide here that resonated.
GPs, if hard to raise, this basic formula explains it. Complexity so often underestimated by GPs, but LPs see right through it…
You've heard of @RevolutApp. But did you know that as a #startup, it has been backed by @balderton with @EIF_EU 🇪🇺 funding?
𝐎𝐧 𝐭𝐡𝐢𝐬 𝐝𝐚𝐲 9 years ago we believed in making payments smarter. Here's our investment story, watch it now 🫰
#30yearsbold#fintech#VC
On this day 5 years ago, @doctolib was backed by @eurazeo with #venturecapital from the EIF ⏭️ Born with the mission to improve health for all, the company now serves 80M+ patients 🏥 This is the story of Doctolib.
We are the EIF. #30yearsbold