The European Tech Champions Initiative (ETCI) is excited to mark its first anniversary with close to €1 billion of investments aimed at mobilising up to €6 billion to drive Europe's digital transformation.
The programme is dedicated to supporting technological innovation, driving growth, and fostering the development of Europe's tech ecosystem.
Through strategic investments, partnerships, and mentorship, ETCI – managed by the European Investment Fund – aims to empower the next generation of European tech champions, shaping the future of technology and propelling Europe's digital transformation.
ETCI has supported four funds to date, including one at the final stage of closing:
- Atomico Growth VI: ETCI has invested in Atomico Growth VI, a growth fund that partners with game-changing European technology scale-up founders.
- FSI II: ETCI has supported FSI II, a fund that supports the growth and expansion of Italian mid-cap companies, with a target fund size of €1.5 billion. FSI II targets established Italian businesses in various sectors, helping them become successful global players.
- Keensight Nova VI: ETCI has invested in Keensight Nova VI, a fund focusing on cybersecurity, automation and robotics, enterprise software, med tech, and healthcare services. With a fund size of €2.3 billion, Keensight Nova VI aims to build a portfolio of exceptional tech and life science companies.
Deputy Chief Executive of the European Investment Fund, Roger Havenith, managing ETCI, said:
"As we celebrate ETCI's first anniversary, we are thrilled to announce these first four investments that will generate more than €5 billion for the European tech ecosystem.
Together, we will drive innovation, empower entrepreneurs, and position the European Union as a hub for technology and growth. Special recognition goes, of course, to the Member States that believed in this ambitious initiative from the outset and are supporting us in achieving real impact across Europe."
Check out this interview with Roger Havenith, Deputy Chief Executive, EIF.
Managing Partner at Keensight Capital Jean-Michel Beghin said:
"We are thrilled the European Union is promoting the European technology sector and delighted to have been asked to bring our sector expertise to the table. European private equity as a whole is very engaged and invested in technology with its aim of creating value for communities and investors at the same time.
At Keensight Capital, we enable entrepreneurs to fulfil their vision, and we know that together, we can make a notable difference in developing the European technology sector."
ETCI will continue empowering the next generation of European tech champions through strategic investments and partnerships, shaping Europe's digital future.