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

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. 

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Anne Sraders

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

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

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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