A group funded by the EU’s European Institute of Innovation and Technology (EIT) has suspended payments to business partners, following an investigation into its management of funds.
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June 4, 2025
Startup payments frozen following EU fraud investigation
An audit conducted by the European Anti-Fraud Office found ‘serious irregularities’
3 min read
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Mimi Billing is Sifted's Europe editor, based in Stockholm. She covers the Nordics and can be found on X and LinkedIn

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