The European Union (EU) has appointed Swedish private equity firm EQT to oversee the EUR5bn Scaleup Europe Fund, a new investment vehicle designed to support the growth of European technology champions across strategic sectors, according to a report by Reuters.
The fund, which is expected to begin deploying capital in autumn 2026, will focus on deep-tech industries including artificial intelligence, quantum computing, clean energy and space technology. The initiative forms part of the EU’s broad...
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