BREAKING: EQT selected to manage EU's €5bn Scaleup Europe Fund
18 maj 2026
20:56
The European Commission has picked EQT to run its €5bn vehicle for backing late-stage European tech companies, ending a competitive selection process that drew five of the continent's largest growth investors.
Stockholm-based private equity firm EQT has been named preferred investment adviser and fund manager for the European Commission's €5bn Scaleup Europe Fund.
The fund, launched under the EU Startup and Scaleup Strategy, will back European technology companies from Series B onwards in sectors including artificial intelligence, quantum computing, clean energy, space, and biotech.