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June 29, 2026

Exclusive: France seeks to block UK role in €5bn EU Scaleup fund

Proposed geographical restrictions on investments set to upend months of negotiations

France is seeking to block the UK’s participation in the EU’s €5bn Scaleup Europe Fund, casting doubt over hopes that British startups could gain access to the bloc’s ambitious late-stage investment vehicle.

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Martin Coulter

Martin Coulter is Sifted's news editor, based in London. You can follow him on LinkedIn and X

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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