Updated: July 12, 2026
Funding raised
€5B
About the program
Program type
Investment stage
Description
The Scaleup Europe Fund is the largest pan-European late-stage tech vehicle ever assembled, with EQT winning the European Commission mandate. ~€2.5B committed from the European Innovation Council (€1B) and heavyweight LPs including Novo Holdings, Allianz, APG, CriteriaCaixa, Santander, and the Wallenberg family. Targets Series B+ in AI, quantum, clean energy, space, biotech, and dual-use. First investments expected autumn 2026.