Analysis

February 24, 2021

European VC is broken but the EU can help fix it

The EIC wants to fill the gap left by European VC funds more interested in the next "booking apps for pizza delivery" than fundamental innovation.


NICKLAS BERGMAN

The European venture capital industry is not sufficiently backing the kinds of fundamental innovations that will help the bloc keep up in the 21st century, according to members of the new EU-backed fund investing directly into startups.

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