EU launches €10bn bioeconomy push to stop European startups being sold off
11 Jun 2026
06:51
The European Commission is mobilising €10bn in corporate offtake commitments by 2030 to stop promising bio-based startups being acquired by non-European investors before reaching scale.
The European Commission has launched three coordinated initiatives aimed at unlocking investment in Europe's bio-based sector – a space where, by the Commission's own admission, innovative startups are routinely acquired by non-European buyers before they reach industrial deployment.
The centrepiece is the Bio-based Europe Alliance (BEA), designed to connect producers of bio-based materials and technologies with major European corporate buyers.