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Analysis

September 30, 2026

The VCs that could run the UK’s £1bn Scale-Up Fund

From Octopus Ventures to Molten Ventures, here are the investors that could land the mandate to manage the pot


The race to run the European Commission’s €5bn Scaleup Europe Fund, ultimately won by Swedish investor EQT earlier this year, was fierce. Now there’s a new scaleup battle underway. 

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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

Tom Nugent

Tom Nugent is Sifted’s managing editor. He covers robotics, chips and university spinouts. Follow him 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

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