The EC announces first steps towards a network of VC investors in deep-tech innovation

1 minute read / June 13, 2024

The European Commission has taken the first concrete steps towards establishing a new network of European Venture Capital (VC) Investors ready to co-invest in Europe’s most innovative deep-tech companies, together with the European Innovation Council (EIC) Fund. On 12 June, Commissioner for Innovation, Research, Culture, Education and Youth Iliana Ivanova brought together a group of forward-thinking investors to discuss this new form of collaboration.

The proposed investor network would have the power to boost the European deep-tech innovation landscape by strengthening the investor base and fostering cooperation between investors.

This strategic initiative is set to strengthen the capital structures of European deep-tech companies within the EIC Fund portfolio, which will accelerate their growth and scaling across all Europe.

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