According to committee officials, 71 investors have joined the club, with assets exceeding 90 billion euros. Investors include the NATO Innovation Fund.
The person said some of the investors include UK-based Atomico (which backs European fintech companies such as Stripe and Klarna) and Sweden’s EQT, as well as state-owned investment companies such as France’s Bpifrance and the Netherlands’ Invest-NL. It added that this also includes homes.
Last week, a European Commission expert group painted a grim picture about the potential for technology expansion in Europe.
In its assessment report for the EU’s flagship Horizon Europe, an expert group chaired by former Portuguese technology minister Manuel Heitor said: “When it comes to introducing, commercializing and scaling up new technologies, the EU “It is relatively weak compared to China.” Research and development program.
Veteran German diplomat Wolfgang Issinger said in an interview with Politico that Europe’s technology gap is the continent’s “single biggest long-term challenge.”
The European Commission’s approach to closing the technology funding gap differs from previous efforts.
