Impact investors react to €5B EU Scaleup Fund: 'Good start, but we need more capital'
21 maj 2026
16:41
The European Commission selected EQT this week to manage the €5bn Scaleup Europe Fund.
On the sidelines of Impact Loop's BUILD event in Stockholm, we asked three Nordic impact investors what it means for European tech.
“The five billion ambition is great," Magnus Lundin, investor at InnoEnergy, tells Impact Loop. "But it should be even more."
On the sidelines of Impact Loop's BUILD event in Stockholm, we asked three Nordic impact investors what it means for European tech.
“The five billion ambition is great," Magnus Lundin, investor at InnoEnergy, tells Impact Loop. "But it should be even more."
Swedish private equity giant EQT was picked this week to lead the €5bn EU Scaleup Europe Fund in a move designed to help technology companies grow on the continent rather than seek capital abroad.
EQT beat out Atomico, Eurazeo, Northzone, and Vitruvian Partners in a tightly contested application process.