The European Commission has chosen Swedish investment firm EQT to manage its new €5bn Scaleup Europe Fund after a closely-watched race among the region’s top firms like the UK’s Atomico and France’s Eurazeo.
News
May 18, 2026
EQT beats Atomico to manage €5bn Scaleup Europe Fund
The firm will be in charge of investing into European deeptech startups working in areas like quantum computing and AI
2 min read
Anne Sraders is a senior reporter at Sifted, based in Berlin. She covers the VC industry and deeptech startups. She also writes Sifted's weekly VC newsletter Up Round. Follow her on X and LinkedIn

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