Europe Tech Scale-Up Fund First Close: Governments Commit, Private Investors Only Pledge
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Summary
Europe tech scale-up fund reaches first closing: the European Investment Bank and seven member states committed about 2 billion euros ($2.24 billion) on Nov. 9, while 14 institutions and France's Tibi Initiative only declared an intention to channel over 8 billion euros ($8.96 billion). Committed money is roughly 13% of the European Tech Champions Initiative 2.0 target.
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