The European Investment Fund (EIF) is to invest €20 million in the newest fund from Irish VC firm, ACT Venture Capital, with support from the InnovFin Equity and COSME initiatives. The fund, ACT V, will invest in tech companies that are at the early and expansion stages in verticals like software, internet, digital media, communications, […]
The European Commission-funded program helps SMEs across Europe get investment-ready and gain access to investors to boot.
Castor EDC, an Amsterdam-based health tech startup creating tools for sharing medical research data, has secured a €1.1 million innovation grant from the European Commission’s Horizon 2020 program. Castor EDC will use the funding to further develop its programs for making big data available for international medical research. It will build an AI-based system for […]
MariaDB, an open source database provider, has secured €25 million in funding from the European Investment Bank (EIB) to increase its client base globally. The investment comes via the European Fund for Strategic Investments (EFSI), a component of the European Commission’s Investment Plan for Europe. The Finland-based company will use the new funds to hire […]
On the latest episode of the Tech.eu podcast, we talk about Tesla’s acquisition in Germany, funding rounds for Teamleader, Job Today and CurrencyFair, and more.
At the Web Summit in Lisbon, the European Commission and the European Investment Fund today presented a new ‘Venture Capital Fund of Funds’ programme with the potential to attract over €1.6 billion to support the growth of small businesses across Europe. This is the Commission’s latest initiative in its ‘Capital Markets Union’ action plan to […]
From the right founders to solving a real problem, the European Commission-sponsored LIFE project details the mistakes startups make in their earliest days.