On the occasion of its first anniversary, the ETCI underlines its commitment to fostering the European tech ecosystem, collaboration, and the growth of transformative companies. Through strategic investments and partnerships, the ETCI aims to support the next generation of European tech champions to help shape Europe's digital future. In its first year, the European Investment Fund The initiative managed by the Fund has already generated one billion euros for this purpose.
Since its inception, ETCI has supported four funds, one of which is nearing completion of its capital raising round. The three other funds are as follows:
- Atomico Growth VI: The growth fund focuses on promising scale-up founders from the European tech industry. Since its founding in 2006, Atomico worked with over 100 ambitious teams, including well-known names such as Klarna and Lilium.
- FSI II: The fund, with a target volume of €1.5 billion, promotes the growth and expansion of Italian mid-cap companies. FSI II is aimed at established Italian companies in various sectors that aspire to become successful global players.
- Keensight Nova VI: Keensight Nova VI focuses on cybersecurity, automation and robotics, enterprise software, medical technology, and healthcare. With a fund size of €2.3 billion, Keensight Nova VI aims to build an exceptional technology and life sciences portfolio.
Roger Havenith, Deputy Managing Director of the European Investment Fund, commented:
"The ETCI is now one year old. Just in time for its anniversary, we are particularly pleased to announce these first four investments, which will generate more than €5 billion for the European tech ecosystem. Together, we will accelerate innovation, stimulate entrepreneurs, and make Europe a hub for technology and growth. A special thank you, of course, goes to the member states who immediately believed in this ambitious initiative and are helping us achieve real impact across Europe."
