Updated: July 12, 2026
Scaleup Europe Fund (EQT) logo
Venture Capital Firm
Defense
AI

Scaleup Europe Fund (EQT)

Sweden

Funding raised

€5B

About the program

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.

Location

Numbers

Total Funding Raised by Alumni
€5B