The €5bn Scaleup Europe Fund, managed by Swedish investment firm EQT, is already allowed to invest in British companies despite the UK not currently being an investor in the fund.
Exclusive
September 30, 2026
Exclusive: EU’s €5bn Scaleup Fund can back UK — and even US — companies
France recently sought to block the UK’s participation in the fund
Anne Sraders, Freya Pratty and Maya Dharampal-Hornby
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
Freya Pratty is Sifted's associate editor. She covers UK tech and leads Sifted's investigations. Follow her on X , LinkedIn and Bluesky
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 .

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