EQT to manage EU 5 billion euro Scaleup Europe Fund
The EU selected EQT to manage a 5 billion euro fund for deep-tech sectors like AI and clean energy. The Scaleup Europe Fund starts investing in autumn 2026.
The European Union selected EQT AB to manage its 5 billion euro ($5.83 billion) Scaleup Europe Fund on Monday. The fund targets high-growth technology companies to strengthen the region's digital infrastructure. This initiative aims to reduce dependence on foreign technology and foster a domestic deep-tech ecosystem.
### Targeting Deep-Tech Sovereignty The Scaleup Europe Fund will deploy capital into critical sectors including artificial intelligence, quantum computing, clean energy, and space technology. EQT will lead the investment strategy, with the first capital deployments scheduled for autumn 2026.
