The European Commission has taken the first concrete steps towards establishing a new network of European venture capital investors ready to co-invest in Europe’s most innovative deep-tech companies, together with the European Innovation Council 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.
A recent report by Jolt Capital highlights the success of EIC-backed companies, which have raised more funds and generated more jobs compared to their peers. This success story reinforces the potential of EIC-supported innovations to drive Europe’s competitiveness on the global stage.