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May 22, 2026

Exclusive: EQT wants to back UK startups with EU’s €5bn superfund

The fund currently does not have the mandate to invest in the UK

Swedish investment firm EQT, this week appointed to manage the European Union’s €5bn ScaleUp Fund, would like to invest the funds into UK companies, its CEO has told Sifted. 

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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

John Thornhill

John Thornhill is Sifted’s founder and innovation editor of the Financial Times. He tweets from @johnthornhillft

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