Thirteen institutional investors have signalled their intention to invest in Europe’s technology and scale-up ecosystem as the European Commission and EIB Group seek to address shortages in late-stage funding.
The European Commission and European Investment Bank (EIB) Group have launched a new framework designed to channel more institutional investment into European technology companies.
The European Institutional Investors Pact (EIIP) brings together public institutions and private investors to improve access to long-term capital for European technology scale-ups.
Thirteen institutional investors have already expressed their intention to invest in the ecosystem, including through the €15 billion European Tech Champions Initiative 2.0 and €5 billion Scaleup Europe Fund.
The voluntary initiative will include a Policy Dialogue Forum, led by the European Commission, where institutional investors can discuss regulatory and EU investment policy developments.
An Investment Platform led by the EIB Group will provide access to investment pipelines, market intelligence and information about opportunities across Europe’s venture capital and growth equity ecosystem.
The initiative is intended to encourage investment from organisations including banks, pension funds and insurance companies and address a shortage of late-stage capital for European technology businesses.
“Our goal is clear: to provide Europe’s institutional investors with a single, credible entry point into innovation financing. In today’s world, this partnership between EU institutions and the private sector sends a powerful message of European unity, ambition and determination,” said Nadia Calviño, President of the EIB Group.
The initiative forms part of the EU Startup and Scaleup Strategy and is intended to help European technology companies expand internationally while remaining based in Europe.
