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June 25, 2026

Exclusive: British Business Bank eyes stake in EU’s €5bn Scaleup Fund

The UK’s involvement in the superfund now rests on the incoming British prime minister and the European Union


UK finance minister Rachel Reeves | Credit: Kirsty O'Connor / HM Treasury

The British Business Bank (BBB) hopes to take a stake in the EU’s €5bn Scaleup Fund and has held early discussions with government officials on the matter, Sifted understands.

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Maya Dharampal-Hornby

Maya Dharampal-Hornby is a reporter, covering UK tech for Sifted, based in London. She's also the producer of Startup Europe — The Sifted Podcast .

Freya Pratty

Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky

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